Minnesota Waters in Minneapolis, Minnesota (MN)
Table of contents:
- Overview
- Detailed Reports
- Statements Regarding Other IRS Filings and Tax Compliance
- Statement of Revenue
- Statement of Functional Expenses
- Balance Sheet
- Reason for Public Charity Status
- Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
- Unrelated Trade or Business Income
- Deductions Not Taken Elsewhere
- Organizations performing similar types of work
| Minnesota Waters | |
| Employer Identification Number (EIN) | 363323260 |
| Name of Organization | Minnesota Waters |
| Address | 1101 W River Pkwy Ste 250, Minneapolis, MN 55415-4853 |
| Activities | Preservation of natural resources (conservation) |
| Subsection | Charitable Organization |
| Ruling Date | 02/1985 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2011 |
| Assets | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $44,085 |
| Amount of Income | $477,872 |
| Form 990 Revenue Amount | $434,696 |
| National Taxonomy of Exempt Entities (NTEE) | Environmental Quality, Protection and Beautification: Water Resource, Wetlands Conservation and Management |
Non-representatives - add comments:
Amount of income in 2011: $477,872 (it was $521,779 in 2010)
| This organization: | $477,872 |
| Other organizations performing similar types of work: | $74,738 |
Assets in 2011: $44,085 (it was $79,025 in 2010)
| Minnesota Waters: | $44,085 |
| Other organizations performing similar types of work: | $43,214 |
Expenses in 2011: $404,669
| This organization: | $404,669 |
| Other organizations performing similar types of work: | $59,513 |
Income to expenses ratio in 2011: 1.2
| This organization: | 1.2 |
| Other organizations performing similar types of work: | 0.7 |
Grants share in income in 2011: 65.2%
| This organization: | 65.2% |
| Other organizations performing similar types of work: | 97.5% |
Revenue for 2011
Functional expenses for 2011
Support schedule
| Statements Regarding Other IRS Filings and Tax Compliance (for 2011) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year? | Yes |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| Gross income from members or shareholders | $0 |
| Gross income from other sources | $0 |
| Statement of Revenue (for 2011) | |
| Total revenue | $434,696 |
| Contributions, Gifts, Grants and Other Similar Amounts | $283,315 |
| Program Service Revenue | $117,066 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $157 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $0 |
| Net gain from sales of assets other than inventory | $50 |
| Gross amount from sales of assets other than inventory (Securities / Other) | $0 / $50 |
| Less: cost or other basis and sales expenses (Securities / Other) | $0 / $0 |
| Gain or (loss) (Securities / Other) | $0 / $50 |
| Net income from fundraising events | $34,108 |
| Gross income from fundraising events | $77,284 |
| Less: direct expenses | $43,176 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous Revenue | $0 |
| Statement of Functional Expenses (for 2011) | |
| Total functional expenses | $404,669 |
| Compensation of current officers, directors, trustees, and key employees | $0 |
| Other salaries and wages | $213,011 |
| Payroll taxes | $30,030 |
| Professional fundraising services | $0 |
| Other | $161,628 |
| Balance Sheet (for 2011) | |
| Total assets | $44,085 |
| Total liabilities | $36,669 |
| Tax-exempt bond liabilities | $0 |
| Secured mortgages and notes payable to unrelated third parties | $17,070 |
| Unsecured notes and loans payable to unrelated third parties | $0 |
| Other | $19,599 |
| Total net assets or fund balances | $7,416 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Reason for Public Charity Status (for 2011) | |
| 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) |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011) | |
| 2007 - 2011 Total | |
|---|---|
| Total Support | $2,248,532 |
| Gifts, grants, contributions, and membership fees received | $2,161,907 |
| 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 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $86,625 |
| Gross receipts from related activities, etc. | $0 |
| Unrelated Trade or Business Income (for 2008) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $41,885 | $0 | $41,885 |
| Gross receipts or sales less returns and allowances | $47,223 | $0 | $0 |
| Cost of goods sold | $5,338 | $0 | $0 |
| Gross profit | $41,885 | $0 | $41,885 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $0 | $0 | $0 |
| Rent income | $0 | $0 | $0 |
| Unrelated debt-financed income | $0 | $0 | $0 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $0 | $0 | $0 |
| Other income | $0 | $0 | $0 |
| Deductions Not Taken Elsewhere (for 2008) | |
| Total deductions | $42,774 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $3,008 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $0 |
| Taxes and licenses | $0 |
| Charitable contributions | $0 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $39,766 |
| Unrelated business taxable income | $-889 |
| Unrelated business taxable income before net operating loss deduction | $-889 |
| Net operating loss deduction | $0 |
| Unrelated business taxable income before specific deduction | $-889 |
| Specific deduction | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Rush Lake Improvement Association | 50690 Bayside Ave, Rush City, MN 55069-2531 | MN | 2009-08 | $1,968,983 |
| 2 | Minnesota Agricultural Water Resources Coalition | 3080 Eagandale Pl, Eagan, MN 55121-2118 | MN | 2012-09 | $1,301,825 |
| 3 | Rural Advantage | 1243 Lake Ave Ste 222, Fairmont, MN 56031-1974 | MN | 2004-05 | $253,053 |
| 4 | White Bear Lake Restoration Association | Po Box 10682, White Bear Lake, MN 55110 | MN | 2012-11 | $227,986 |
| 5 | Friends Of Dl Wetland Mgmt District Inc | 26624 North Tower Road, Detroit Lakes, MN 56501 | MN | 2003-04 | $216,650 |
| 6 | Zumbro Watershed Partnership Inc | 1485 Industrial Dr Nw Ste 102, Rochester, MN 55901-0750 | MN | 2008-10 | $167,817 |
| 7 | Briggs Lake Chain Association | 11005 42nd Street, Clear Lake, MN 55319 | MN | 2011-04 | $62,133 |
| 8 | Flute Reed Partnership | Box 92, Hovland, MN 55606 | MN | 2007-05 | $52,543 |
| 9 | Nest Lake Improvement Association | P O Box 42, Spicer, MN 56288 | MN | 2010-08 | $36,869 |
| 10 | Itasca Water Legacy Partnership | PO BOX 881, Grand Rapids, MN 55744-0881 | MN | 2011-03 | $24,316 |
| 11 | Circle Lake Association | Po Box 147, Northfield, MN 55057 | MN | 2014-01 | $17,163 |
| 12 | Forest Lake Lake Association | PO BOX 61, Forest Lake, MN 55025-0061 | MN | 2009-10 | $15,810 |
| 13 | Minnesota Clean Marina Program | 4068 Sunset Drive, Spring Park, MN 55384 | MN | 2011-02 | $7,470 |
| 14 | Greater Lake Superior Foundation | 4440 46th Ave S, Minneapolis, MN 55406-3618 | MN | 2011-11 | $7,192 |
| 15 | Eagle Lake Preservation Association | 6435 Eagle Lake Drive, Maple Grove, MN 55369 | MN | 2013-10 | $4,454 |
| 16 | Wild River Audubon Society | 28110 Nathan Lane, Lindstrom, MN 55045 | MN | 2004-08 | $4,172 |
| 17 | Save Our Sky Blue Waters | 225 Mitchell Cir, Duluth, MN 55811-5904 | MN | 2014-06 | $3,000 |
| 18 | Chisago-Lindstrom Lakes Association | Po Box 44, Lindstrom, MN 55045 | MN | 2003-06 | $505 |
| 19 | Ross-Stark-Twin Lakes Association | 26562 Ross Lake Rd, Aitkin, MN 56431-6125 | MN | 2003-09 | $400 |
| 20 | Agate Lake Association Inc | 9422 Agate Lake Rd Sw, Lake Shore, MN 56468-8702 | MN | 2015-02 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 2,302 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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