Grain Elevator & Processing Society in Minneapolis, Minnesota (MN)

Organization representatives - add corrected or new information about Grain Elevator & Processing Society »

Non-representatives - add comments about Grain Elevator & Processing Society»

Grain Elevator & Processing Society
Employer Identification Number (EIN)366101799
Name of OrganizationGrain Elevator & Processing Society
In Care of NameDavid Krejci
Address4248 Park Glen Rd, Minneapolis, MN 55416-4758
ActivitiesAssociation of employees, Professional association, Other services or benefits to members or employees
SubsectionBusiness League
Ruling Date09/2011
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$5,000,000 to $9,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$5,213,461
Amount of Income$4,744,905
Form 990 Revenue Amount$3,662,690
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


Non-representatives - add comments:


CAPTCHA

Your IP address 18.219.158.84 will be logged.

Amount of income in 2014: $4,744,905 (it was $4,531,792 in 2013)
This organization: 

 $4,744,905
Other organizations performing similar types of work: 

 $88,861

Assets in 2014: $5,213,461 (it was $4,242,137 in 2013)
This organization: 

 $5,213,461
Other organizations performing similar types of work: 

 $51,691

Expenses in 2014: $3,153,928
This organization: 

 $3,153,928
Other organizations performing similar types of work: 

 $80,127

Income to expenses ratio in 2014: 1.5
Grain Elevator & Processing Society: 

 1.5
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2014: 4.9%
Grain Elevator & Processing Society: 

 4.9%
Other organizations performing similar types of work: 

 1.0%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Checklist
201220132014
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoNo
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?YesYes
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesNo
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?YesYes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
2011201220132014
The number reported in Box 3 of Form 109600
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesNo
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return00
Did the organization file all required federal employment tax returns?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYesYesYes
Has it filed a Form 990-T for this year?YesYes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities $0$0$0$0
Gross income from members or shareholders$0$0$0$0
Gross income from other sources$0$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
201220132014
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$0$0
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$0$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization10
Statement of Revenue
2011201220132014
Total revenue$2,274,160$2,544,910$3,055,846$3,662,690
Contributions, Gifts, Grants and Other Similar Amounts$133,750$134,600$158,400$177,750
Program Service Revenue$2,043,103$2,330,807$2,670,184$3,367,976
900004$1,006,456$1,468,128
900004$739,485$907,445
900004$732,053$791,478
900004$124,900$132,780
900004$67,290$68,145
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$83,363$75,850$108,930$158,938
Income from investment of tax-exempt bond proceeds$0$0$0$0
Royalties$0$0$0$0
Net rental income$0$0$0$0
Net gain/loss from sales of assets other than inventory$1,354$-806$117,592$-48,187
Gross amount from sales of assets other than inventory (Securities / Other)$234,288 / $0$116,250 / $0$1,593,538 / $0$1,034,028 / $0
Less: cost or other basis and sales expenses (Securities / Other)$207,139 / $25,795$117,056 / $0$1,475,946 / $0$1,082,215 / $0
Gain or (loss) (Securities / Other)$27,149 / $-25,795$-806 / $0$117,592 / $0$-48,187 / $0
Net income/loss from fundraising events$0$0$0$0
Net income/loss from gaming activities$0$0$0$0
Net income/loss from sales of inventory$0$0$0$0
Miscellaneous Revenue$12,590$4,459$740$6,213
900004$740$6,213
All other revenue$0$0
Statement of Functional Expenses
2011201220132014
Total functional expenses$1,902,601$2,190,888$3,040,414$3,153,928
Grants and other assistance to domestic organizations and domestic governments$500,077$491,865
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$0$0$0$0
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$0$0$0$0
Pension plan accruals and contributions$0$0
Other employee benefits$0$0
Payroll taxes$0$0$0$0
Fees for services (non-employees)
Management$1,478,549$1,546,992
Legal$4,318$4,910
Accounting$10,950$11,323
Lobbying$0$0
Professional fundraising services$0$0$0$0
Investment management fees$0$0
Other$0$0
Advertising and promotion$0$0
Office expenses$0$0
Information technology$8,994$10,911
Royalties$0$0
Occupancy$0$0
Travel$77,102$80,775
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$550,966
Conferences, conventions, and meetings$504,181$0
Interest$0$0
Payments to affiliates$0$0
Depreciation, depletion, and amortization$41,926$16,499
Insurance$14,756$16,198
Other expenses$118,009$146,594
Other expenses$96,931$80,603
Other expenses$55,059$62,098
Other expenses$54,740$50,416
Other expenses$74,822$83,778
Balance Sheet
2011201220132014
Total assets$3,562,289$4,093,391$4,242,137$5,213,461
Cash - non-interest-bearing$717,314$800,476
Savings and temporary cash investments$3,306,617$4,198,552
Pledges and grants receivable, net$0$0
Accounts receivable, net$128,994$139,661
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$32,432$34,772
Land, buildings, and equipment: cost or other basis$16,499$0
Investments - publicly traded securities$0$0
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$40,281$40,000
Total liabilities$761,168$1,031,873$1,176,812$1,378,046
Accounts payable and accrued expenses$41,379$140,716
Grants payable$0$0
Deferred revenue$449,915$422,115
Tax-exempt bond liabilities$0$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$685,518$815,215
Total net assets or fund balances$2,801,121$3,061,518$3,065,325$3,835,415
Unrestricted net assets$51,433$996,381
Temporarily restricted net assets$3,013,892$2,839,034
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$1,821,756$2,082,153$0$0
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Grain Elevator & Processing Society to others? (optional)
  
Add photo of Grain Elevator & Processing Society (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Recently Added Reviews
Christian Actioin League Of Minnesota in Minneapolis, MN
*
Hope Lutheran Church in Minneapolis, MN
*****
North Suburban Scholarship Booster Club in Minneapolis, MN
*
Beacon Ministries in Minneapolis, MN
Community Involvement Programs in Minneapolis, MN
**
Holy Trinity Church & Ministry in Minneapolis, MN
****•
Veterans Of Foreign Wars Post 2766 in Breckenridge, MN
****
Stalker Lake Sportsmens Club Inc in Dalton, MN
*
Riverside Cemetery Association in Breckenridge, MN
Cuyuna Range Housing Inc in Ironton, MN
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Retail Merchant Assn Of Tidewater Va Inc, Ta Retail Alliance838 Granby St, Norfolk, VA 23510-2051VA2008-09$17,149,516
2San Joaquin Valley Winegrowers Association7030 N Fruit Avenue, Fresno, CA 93711-0782CA2008-11$175,202
3441 Heritage Corridor Inc300 North Thomas Street, Athens, GA 30601GA2000-07$56,377
4Society Of Corporate Compliance And Ethics & Health Care Compliance, Association6500 Barrie Rd Ste 250, Minneapolis, MN 55435-2358MN2012-09$26,194,787
5Saint Paul Rivercentre Convention And Visitors Authority175 Kellogg Blvd W Ste 502, Saint Paul, MN 55102-1227MN2006-07$15,089,786
6Minneapolis Downtown Improvement District81 S 9th St Ste 260, Minneapolis, MN 55402-3266MN2009-05$6,337,990
7Ultraecho Ltd2710 Briar Ct Sw, Rochester, MN 55902-1141MN2005-03$1,333,459
8Nacm North Central, Forius Nacm North Central8441 Wayzata Blvd Ste 270, Golden Valley, MN 55426-1368MN2013-03$1,097,097
9Minnesota Metro North Tourism10801 Town Square Drive, Blaine, MN 55449-8100MN2012-04$785,713
10United For Jobs400 Robert St N Ste 1500, Saint Paul, MN 55101-2030MN2014-08$732,000
11St Louis Park Convention And Visitors Bureau1660 Highway 100 S Ste 132, St Louis Park, MN 55416-1548MN2012-01$729,610
12Roseville Visitors Association1700 Highway 36 W Ste 405, Roseville, MN 55113-4089MN2000-02$646,039
13International Alliance Of Law Firms527 Marquette Ave Ste 1925, Minneapolis, MN 55402-1334MN2014-05$559,253
14Transformational Leadership Council2000 Plymouth Rd Ste 300, Minnetonka, MN 55305-2335MN2008-04$549,890
15Upper Midwest Security Alliance1360 University Ave W Ste 461, Saint Paul, MN 55104-4086MN2009-12$537,787
16Minnesota Commercial Association Of Real Estate6800 France Ave S Suite 760, Edina, MN 55435MN2010-09$469,987
17Minnesota Bio-Fuels Association Inc3033 Excelsior Blvd Ste 208, Minneapolis, MN 55416-4674MN2012-09$455,191
18Winona Convention And Visitors Bureau IncPO BOX 870, Winona, MN 55987-0870MN2007-01$412,757
19Twin Cities Diversity In Practice500 Ids Center 80 S 8th C/O Gray Pl, Minneapolis, MN 55402MN2007-08$398,432
20Cares Ng Development Organization8810 10th Ave N, Minneapolis, MN 55427-4319MN2014-12$346,665
Number of organizations performing similar types of work
Alaska94
Alabama235
Arkansas185
Arizona346
California1,926
Colorado437
Connecticut191
District of Columbia411
Delaware63
Florida987
Georgia500
Hawaii127
Iowa226
Idaho137
Illinois781
Indiana331
Kansas211
Kentucky222
Louisiana232
Massachusetts358
Maryland360
Maine108
Michigan504
Minnesota341
Missouri377
Mississippi119
Montana114
North Carolina452
North Dakota65
Nebraska146
New Hampshire92
New Jersey401
New Mexico156
Nevada171
New York967
Ohio640
Oklahoma208
Oregon366
Pennsylvania679
Rhode Island73
South Carolina192
South Dakota91
Tennessee282
Texas1,208
Utah166
Virginia613
Vermont69
Washington451
Wisconsin359
West Virginia109
Wyoming44
International34
Total17,957
20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralGrain Elevator & Processing Society4248 Park Glen Rd, Minneapolis, MN 55416-4758MN2011-09$4,744,905
SubordinateGrain Elevator And Processing Society300 S Spring St Ste 900, Little Rock, AR 72201AR2011-09$0
SubordinateGrain Elevator And Processing Society2711 Centerville Rd Ste 400, Wilmington, DE 19808DE2011-09$0
SubordinateGrain Elevator And Processing Society505 5th Ave Ste 729, Des Moines, IA 50309IA2011-09$0
SubordinateGrain Elevator And Processing Society505 5th Ave Ste 729, Des Moines, IA 50309IA2011-09$0
SubordinateGrain Elevator And Processing Society505 5th Ave Ste 729, Des Moines, IA 50309IA2011-09$0
SubordinateGrain Elevator And Processing Society12550 W Explorer Dr Ste 100, Boise, ID 83713ID2011-09$0
SubordinateGrain Elevator And Processing Society801 Adlai Stevenson Dr, Springfield, IL 62703IL2011-09$0
SubordinateGrain Elevator And Processing Society801 Adlai Stevenson Dr, Springfield, IL 62703IL2011-09$0
SubordinateGrain Elevator And Processing Society801 Adlai Stevenson Dr, Springfield, IL 62703IL2011-09$0
SubordinateGrain Elevator And Processing Society251 E Ohio St Ste 500, Indianapolis, IN 46204IN2011-09$0
SubordinateGrain Elevator And Processing Society2900 Sw Wanamaker Dr Ste 204, Topeka, KS 66614KS2011-09$0
SubordinateGrain Elevator And Processing Society320 Somerulos St, Baton Rouge, LA 70802LA2011-09$0
SubordinateGrain Elevator And Processing Society601 Abbot Rd, East Lansing, MI 48823MI2011-09$0
SubordinateGrain Elevator And Processing Society380 Jackson St Ste 700, Saint Paul, MN 55101MN2011-09$0
SubordinateGrain Elevator And Processing Society380 Jackson St Ste 700, Saint Paul, MN 55101MN2011-09$0
SubordinateGrain Elevator And Processing Society221 Bolivar St, Jefferson City, MO 65101MO2011-09$0
SubordinateGrain Elevator And Processing Society233 S 13th St Ste 1900, Lincoln, NE 68508NE2011-09$0
SubordinateGrain Elevator And Processing Society233 S 13th St Ste 1900, Lincoln, NE 68508NE2011-09$0
SubordinateGrain Elevator And Processing Society233 S 13th St Ste 1900, Lincoln, NE 68508NE2011-09$0
Number of affiliated organizations
Arkansas1
Delaware1
Iowa3
Idaho1
Illinois3
Indiana1
Kansas1
Louisiana1
Michigan1
Minnesota3
Missouri1
Nebraska3
Ohio1
Oklahoma1
Texas2
Washington3
Total27

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Grain Elevator & Processing Society and has no official or unofficial affiliation with Grain Elevator & Processing Society