Lowertown Redevelopment Corporation in Minneapolis, Minnesota (MN)

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Lowertown Redevelopment Corporation
Employer Identification Number (EIN)411324588
Name of OrganizationLowertown Redevelopment Corporation
Address221 Westwood Dr N, Minneapolis, MN 55422-5260
ActivitiesArea development, redevelopment of renewal, Attracting new industry or retaining industry in an area, Low and moderate income housing
SubsectionCharitable Organization
Ruling Date07/1978
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Tax Period12/2012
Assets$1 to $9,999
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$8,499
Amount of Income$193
Form 990 Revenue Amount$193
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Nonmonetary Support (Not Elsewhere Classified)


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$0
Total expenses$17,312
Total net assets$8,499
Deficit for the year$-17,312
Net assets or fund balances at beginning of year$25,811
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$8,499
Total liabilities$0
Net assets or fund balances$8,499
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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