Higginsville Community Betterment Corporation in Higginsville, Missouri (MO)

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Higginsville Community Betterment Corporation
Employer Identification Number (EIN)431648322
Name of OrganizationHigginsville Community Betterment Corporation
In Care of NameTimothy H Thurmon
AddressC/O Timothy H Thurmon 2023 Main, Higginsville, MO 64037
ActivitiesAttracting new industry or retaining industry in an area
SubsectionCharitable Organization
Ruling Date11/1995
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$100,000 to $499,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$191,052
Amount of Income$7,510
Form 990 Revenue Amount$7,510
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Urban, Community Economic Development


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Amount of income in 2014: $7,510 (it was $13,444 in 2013)
Higginsville Community Betterment Corporation: 

 $7,510
Other organizations performing similar types of work: 

 $190,298

Assets in 2014: $191,052 (it was $185,651 in 2013)
Higginsville Community Betterment Corporation: 

 $191,052
Other organizations performing similar types of work: 

 $326,461

Expenses in 2014: $2,109
Higginsville Community Betterment Corporation: 

 $2,109
Other organizations performing similar types of work: 

 $231,022

Income to expenses ratio in 2014: 3.6
Higginsville Community Betterment Corporation: 

 3.6
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2014: 0.0%
Higginsville Community Betterment Corporation: 

 0.0%
Other organizations performing similar types of work: 

 35.7%

Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201220132014
Total revenue$6,745$13,444$7,510
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$6,650$13,342$7,100
Membership dues and assessments$0$0$0
Investment income$95$102$410
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$596$660$2,109
Total net assets$172,867$185,651$191,052
Excess/Deficit for the year$6,149$12,784$5,401
Net assets or fund balances at beginning of year$166,718$172,867$185,651
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$185,651$191,052
Balance Sheets
201220132014
Total assets$172,867$185,651$191,052
Total liabilities$0$0$0
Net assets or fund balances$172,867$185,651$191,052
Other Information
201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2014)
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)
Number of organizations supported1
Sum of amounts of support$2,109
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Poplar Bluff Industries Inc1111 W Pine St, Poplar Bluff, MO 63901-4841MO1965-07$2,169,753
2Uptown Columbus IncPO BOX 1237, Columbus, GA 31902-1237GA1985-04$12,826,789
3South Bronx Overall Economic Development Corporation555 Bergen Ave, Bronx, NY 10455-1368NY1973-08$8,444,805
4West Central Indiana Economic Development District Inc1718 Wabash Ave, Terre Haute, IN 47807-3323IN1969-08$5,403,201
5South Georgia Regional Development CenterPO BOX 1223, Valdosta, GA 31603-1223GA1979-09$4,665,054
6Cape Girardeau Missouri Public Facilities Authority401 Independence St, Cpe Girardeau, MO 63703-6224MO1989-10$2,487,882
7Hispanic Economic Development Corporation Of Greater Kansas City2130 Jefferson St, Kansas City, MO 64108-2116MO1995-02$756,225
8Clayton Century Foundation50 Gay Avenue, Clayton, MO 63105MO1998-06$580,491
9First Step Fund4747 Troost Ave, Kansas City, MO 64110-1727MO1994-08$489,073
10Civic Entrepreneurs Organization121 South Meramec No 906, St Louis, MO 63105-1725MO1984-08$322,294
11Technical Assistance Corp1627 Washington Ave, Saint Louis, MO 63103-1830MO1995-03$319,383
12Willow Springs Community Foundation127 E Main St, Willow Spgs, MO 65793MO1993-02$309,445
13Kirksville Regional Economic Development Inc407 S Elson St, Kirksville, MO 63501-3448MO1987-11$173,255
14Gladstone Economic Betterment CouncilP O Box 10719, Gladstone, MO 64118MO1990-08$129,618
15Downtown Jefferson City IncPo Box 652, Jefferson City, MO 65102-0652MO1988-06$61,784
16Historic Clarksville Incorporated105 South Second Street, Clarksville, MO 63336MO1988-09$39,333
17Higginsville Community Betterment CorporationC/O Timothy H Thurmon 2023 Main, Higginsville, MO 64037MO1995-11$7,510
18Historic Wayland IncRr 3 Box 41, Kahoka, MO 63445-9428MO1998-08$0
19Trenton Downtown Improvement Association IncPO BOX 307, Trenton, MO 64683MO1993-06$0
20West End Community Center Restoration Corp, C-O Peter A Smith10 S Broadway Ste 600, St Louis, MO 63102-1733MO1998-09$0
Number of organizations performing similar types of work
Alaska1
Alabama4
Arkansas6
Arizona6
California34
Colorado8
Connecticut9
District of Columbia7
Florida22
Georgia12
Hawaii1
Iowa18
Idaho3
Illinois30
Indiana20
Kansas1
Kentucky5
Louisiana8
Massachusetts17
Maryland11
Maine2
Michigan17
Minnesota11
Missouri17
Mississippi6
Montana4
North Carolina24
North Dakota3
Nebraska2
New Hampshire2
New Jersey17
New Mexico2
Nevada3
New York59
Ohio18
Oklahoma5
Oregon4
Pennsylvania32
South Carolina7
South Dakota3
Tennessee11
Texas21
Utah1
Virginia10
Vermont1
Washington6
Wisconsin14
West Virginia3
Wyoming2
International1
Total531

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