Mcdowell Board Of Realtors Inc in Marion, North Carolina (NC)

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Mcdowell Board Of Realtors Inc
Employer Identification Number (EIN)561400621
Name of OrganizationMcdowell Board Of Realtors Inc
AddressPO BOX 141, Marion, NC 28752-0141
SubsectionBoard of Trade, Business League
Ruling Date03/2008
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2014
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$45,875
Amount of Income$64,661
Form 990 Revenue Amount$64,661
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Boards of Trade


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Amount of income in 2014: $64,661 (it was $50,816 in 2013)
Mcdowell Board Of Realtors Inc: 

 $64,661
Other organizations performing similar types of work: 

 $825,279

Assets in 2014: $45,875 (it was $27,012 in 2013)
Mcdowell Board Of Realtors Inc: 

 $45,875
Other organizations performing similar types of work: 

 $45,875

Expenses in 2013: $43,676
Mcdowell Board Of Realtors Inc: 

 $43,676
Other organizations performing similar types of work: 

 $931,374

Income to expenses ratio in 2013: 1.5
This organization: 

 1.5
Other organizations performing similar types of work: 

 1.5

Grants share in income in 2013: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 100.0%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$32,924$22,594$50,816
Contributions, gifts, grants, and similar amounts received$32,746$22,400$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$50,682
Investment income$178$194$134
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$42,657$28,017$43,676
Total net assets$-11,422$-16,845$-9,705
Excess/Deficit for the year$-9,733$-5,423$7,140
Net assets or fund balances at beginning of year$-1,689$-11,422$-16,845
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$-16,845$-9,705
Balance Sheets
201120122013
Total assets$19,657$20,170$27,012
Total liabilities$31,079$37,015$36,717
Net assets or fund balances$-11,422$-16,845$-9,705
Other Information
201120122013
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 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Business Matchmaking Inc23801 Calabasas Rd Ste 2035, Calabasas, CA 91302-3318CA2004-05$1,210,347
2International Alliance To Promote The Health Benefits Of Dry Beans, Pules For Health Alliance1016 E Weisgarber Rd, Knoxville, TN 37909-2669TN2005-03$825,279
3Mcdowell Board Of Realtors IncPO BOX 141, Marion, NC 28752-0141NC2008-03$64,661
4Mississippi Association Of Mortgage Brokers Inc156 Grants Ferry Rd, Brandon, MS 39047-9037MS2002-08$43,401
5Hickory Farmers Market Association Inc418 5th Street Nw, Hickory, NC 28601NC2005-05$0
6Institute On Substance Abuse And Addiction Committee Inc2232 Indiana Ave Ste 1, Lubbock, TX 79410-2147TX2005-08$0
Number of organizations performing similar types of work
California1
Mississippi1
North Carolina2
Tennessee1
Texas1
Total6

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