Southeastern Montana Development Corporation in Colstrip, Montana (MT)
Table of contents:
Southeastern Montana Development Corporation | |
Employer Identification Number (EIN) | 810485103 |
Name of Organization | Southeastern Montana Development Corporation |
In Care of Name | Jim Atchison |
Address | PO BOX 1935, Colstrip, MT 59323-1935 |
Activities | Area development, redevelopment of renewal |
Subsection | Charitable Organization |
Ruling Date | 01/1994 |
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 | 12/2013 |
Assets | $1,000,000 to $4,999,999 |
Income | $500,000 to $999,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $1,480,288 |
Amount of Income | $605,008 |
Form 990 Revenue Amount | $605,008 |
National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Community, Neighborhood Development, Improvement (General) |
Non-representatives - add comments:
Revenue for 2012
Functional expenses for 2012
Support schedule
Statements Regarding Other IRS Filings and Tax Compliance (for 2012) | |
Did the organization have unrelated business gross income of $1,000 or more during the year? | No |
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 2012) | |
Total revenue | $617,250 |
Contributions, Gifts, Grants and Other Similar Amounts | $498,976 |
Program Service Revenue | $39,523 |
Other Revenue | |
Investment income (including dividends, interest, and other similar amounts) | $673 |
Income from investment of tax-exempt bond proceeds | $0 |
Royalties | $0 |
Net rental income | $0 |
Net gain from sales of assets other than inventory | $0 |
Net income from fundraising events | $0 |
Net income from gaming activities | $0 |
Net income from sales of inventory | $0 |
Miscellaneous Revenue | $78,078 |
Statement of Functional Expenses (for 2012) | |
Total functional expenses | $350,289 |
Compensation of current officers, directors, trustees, and key employees | $66,406 |
Other salaries and wages | $142,209 |
Payroll taxes | $19,976 |
Professional fundraising services | $0 |
Other | $121,698 |
Balance Sheet (for 2012) | |
Total assets | $1,088,674 |
Total liabilities | $153,706 |
Tax-exempt bond liabilities | $0 |
Secured mortgages and notes payable to unrelated third parties | $0 |
Unsecured notes and loans payable to unrelated third parties | $0 |
Other | $153,706 |
Total net assets or fund balances | $934,968 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Reason for Public Charity Status (for 2012) | |
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 2012) | |
2008 - 2012 Total | |
---|---|
Total Support | $1,777,470 |
Gifts, grants, contributions, and membership fees received | $1,768,324 |
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 | $9,146 |
Gross receipts from related activities, etc. | $0 |
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