Lanesboro Local in Lanesboro, Minnesota (MN)
Table of contents:
| Lanesboro Local | |
| Employer Identification Number (EIN) | 264769416 |
| Name of Organization | Lanesboro Local |
| Address | PO BOX 94, Lanesboro, MN 55949-0094 |
| Subsection | Charitable Organization |
| Ruling Date | 06/2009 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2014 |
| Assets | $10,000 to $24,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $10,594 |
| Amount of Income | $33,701 |
| Form 990 Revenue Amount | $22,584 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Human Service Organizations - Multipurpose |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $114,299 | $71,608 | $56,301 |
| Contributions, gifts, grants, and similar amounts received | $68,267 | $35,375 | $12,981 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $-7,125 |
| Gross amount from sale of assets other than inventory | $0 | $0 | $0 |
| Less: cost or other basis and sales expenses | $0 | $0 | $7,125 |
| Net income/loss from gaming and fundraising events | $5,440 | $14,747 | $13,402 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $7,994 | $18,182 | $17,306 |
| Less: direct expenses from gaming and fundraising events | $2,554 | $3,435 | $3,904 |
| Gross profit/loss from sales of inventory | $40,592 | $21,486 | $37,043 |
| Gross sales of inventory, less returns and allowances | $91,177 | $103,362 | $103,151 |
| Less: cost of goods sold | $50,585 | $81,876 | $66,108 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $115,401 | $70,584 | $70,265 |
| Total net assets | $24,035 | $25,059 | $11,095 |
| Excess/Deficit for the year | $-1,102 | $1,024 | $-13,964 |
| Net assets or fund balances at beginning of year | $25,137 | $24,035 | $25,059 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $25,059 | $11,095 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $25,640 | $26,535 | $14,760 |
| Total liabilities | $1,605 | $1,476 | $3,665 |
| Net assets or fund balances | $24,035 | $25,059 | $11,095 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $178,590 |
| Subtotal Support | $178,590 |
| Gifts, grants, contributions, and membership fees received | $178,590 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $178,590 |
| Public Support | $178,590 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $198,894 |
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| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Knights Of Columbus | 2533 Providence Rd, Duluth, MN 55811 | MN | 1940-10 | $0 |
| 2 | Knights Of Columbus | 632 Broad St, Mankato, MN 56001 | MN | 1940-10 | $0 |
| 3 | Knights Of Columbus | 1617 Benson Road, Montevideo, MN 56265 | MN | 1940-10 | $272,811 |
| 4 | Knights Of Columbus, 2107 Wadena Council | 19188 E Lake Vermont Rd Ne, Parkers Pr, MN 56361-4606 | MN | 1940-10 | $8,455 |
| 5 | Knights Of Columbus, 5101 Council | PO BOX 490, Hinckley, MN 55037-0490 | MN | 1940-10 | $4,933 |
| 6 | Knights Of Columbus | 416 Broadway Ave, Lakefield, MN 56150 | MN | 1940-10 | $0 |
| 7 | Knights Of Columbus, St Isadore Council | Local, Lismore, MN 56155 | MN | 1940-10 | $3,350 |
| 8 | Ladies Auxiliary Department Of Minnesota Veterans Of Foreign Wars | Po Box 2, Gilbert, MN 55741 | MN | 2009-09 | $15,022 |
| 9 | Lakers Car Club | 6104 Barbour Ln, Pine River, MN 56474 | MN | 2004-08 | $6,040 |
| 10 | Lakes Area Mental Health Services | 32492 Odonnell Dr, Breezy Point, MN 56472-3726 | MN | 2010-09 | $0 |
| 11 | Lanesboro Local | PO BOX 94, Lanesboro, MN 55949-0094 | MN | 2009-06 | $33,701 |
| 12 | Langenfeld Foundation | PO BOX 533, Hastings, MN 55033-0533 | MN | 2006-09 | $63,000 |
| 13 | Lester Prairie Bulldog Booster Club Inc | PO BOX 405, Lester Pr, MN 55354-0405 | MN | 1996-10 | $93,472 |
| 14 | Liz Logelin Foundation | 2201 Essex Rd, Minnetonka, MN 55305-2252 | MN | 2009-08 | $146,392 |
| 15 | Lost River Trails Inc | 25284 Highway 1 Ne, Kelliher, MN 56650-9422 | MN | 2014-08 | $95,987 |
| 16 | Lubavitch Yeshiva Of Minnesota | 1022 Fairview Ave S, Saint Paul, MN 55116-2455 | MN | 1995-03 | $329,468 |
| 17 | Mahkato Mdewakanton Association | PO BOX 3608, Mankato, MN 56002-3608 | MN | 1998-10 | $53,489 |
| 18 | Marathon Ministries | 26931 449th St, Pel Rapids, MN 56572-7554 | MN | 2010-06 | $90,939 |
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