Magdalena Area Community Development Corporation, Macdc in Magdalena, New Mexico (NM)
Table of contents:
| Magdalena Area Community Development Corporation, Macdc | |
| Employer Identification Number (EIN) | 850459094 |
| Name of Organization | Magdalena Area Community Development Corporation |
| Secondary Name | Macdc |
| In Care of Name | Robert Serna |
| Address | 105 North Main Street Pob 970, Magdalena, NM 87825 |
| Website | http://www.magdalenacdc.org |
| Subsection | Charitable Organization |
| Ruling Date | 04/2000 |
| 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 | 2011 |
| Assets | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $97,993 |
| Amount of Income | $154,199 |
| Form 990 Revenue Amount | $154,199 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Rural Development |
Non-representatives - add comments:
Amount of income in 2011: $154,199 (it was $154,199 in 2012)
| Magdalena Area Community Development Corporation, Macdc: | $154,199 |
| Other organizations performing similar types of work: | $106,567 |
Assets in 2011: $97,993 (it was $97,993 in 2012)
| This organization: | $97,993 |
| Other organizations performing similar types of work: | $100,623 |
Expenses in 2012: $175,993
| Magdalena Area Community Development Corporation, Macdc: | $175,993 |
| Other organizations performing similar types of work: | $113,670 |
Income to expenses ratio in 2012: 0.9
| This organization: | 0.9 |
| Other organizations performing similar types of work: | 1.0 |
Number of employees in 2012: 26
| This organization: | 26 |
| Other organizations performing similar types of work: | 1 |
Grants share in income in 2012: 0.0%
| Magdalena Area Community Development Corporation, Macdc: | 0.0% |
| Other organizations performing similar types of work: | 13.3% |
Functional expenses for 2012
| 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? | 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 2012) | |
| Total revenue | $154,199 |
| Contributions, Gifts, Grants and Other Similar Amounts | $0 |
| Program Service Revenue | $0 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $0 |
| 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 | $154,199 |
| Statement of Functional Expenses (for 2012) | |
| Total functional expenses | $175,993 |
| Compensation of current officers, directors, trustees, and key employees | $0 |
| Other salaries and wages | $80,617 |
| Payroll taxes | $12,678 |
| Professional fundraising services | $0 |
| Other | $82,698 |
| Balance Sheet (for 2012) | |
| Total assets | $97,993 |
| Total liabilities | $118,000 |
| Tax-exempt bond liabilities | $0 |
| Secured mortgages and notes payable to unrelated third parties | $96,206 |
| Unsecured notes and loans payable to unrelated third parties | $0 |
| Other | $21,794 |
| Total net assets or fund balances | $-20,007 |
| Retained earnings, endowment, accumulated income, or other funds | $-20,007 |
| Reason for Public Charity Status (for 2012) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2012) | |
| 2008 - 2012 Total | |
|---|---|
| Total support | $154,199 |
| Gifts, grants, contributions, and membership fees received | $0 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| 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 and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $154,199 |
| Write your review! |
|
|
| Recently Added Reviews |
Ruidoso Downs Racetrack Chaplaincy, Race Track Chapel in Ruidoso Downs, NM
  |
Kinteel Residential Campus Inc, Aztec Dormitory Inc in Aztec, NM
 |
|
San Juan Fly Fishing Federation in Farmington, NM
|
| Provisional Government Of Santa Teresa, Pgost in Santa Teresa, NM |
| Southwest Dog Club in Santa Fe, NM |
|
Families First Inc, Dolly Parton's Imagination Library Of Otero County in Alamogordo, NM
|
|
Chihene Nde Nation Of New Mexico in Las Cruces, NM
|
|
Rio Grande Basin Bat Project in Corrales, NM
|
| Pet-A-Bulls Inc in Albuquerque, NM |
| Hearts Desire in Lovington, NM |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Virginia Coalfield Coalition Inc | PO BOX 548, Lebanon, VA 24266-0548 | VA | 2000-02 | $7,880,145 |
| 2 | Technology Ventures Corporation | 1155 University Blvd Se, Albuquerque, NM 87106-4320 | NM | 1996-01 | $2,602,426 |
| 3 | Rural Development Corp | 6140 Mays Landing Rd, Vineland, NJ 08361-7651 | NJ | 1976-07 | $2,316,090 |
| 4 | Rural Consumer Services Corporation | PO BOX 826, Shallotte, NC 28459-0826 | NC | 2000-08 | $1,660,845 |
| 5 | Kurdistan Regional Government -Liaison Office - Usa | 1532 16th St Nw, Washington, DC 20036-1402 | DC | 2013-08 | $1,610,542 |
| 6 | Vermont Council On Rural Development Inc | PO BOX 1384, Montpelier, VT 05601-1384 | VT | 1998-03 | $1,333,733 |
| 7 | Rural Development Foundation | 111 W Main St, Antlers, OK 74523-2029 | OK | 2003-05 | $1,055,000 |
| 8 | New Mexico Community Capital | 219 Central Ave Nw # 200, Albuquerque, NM 87102-3346 | NM | 2005-11 | $975,813 |
| 9 | Southwest Tribal Fisheries Commission Inc | PO BOX 190, Mescalero, NM 88340-0190 | NM | 2008-04 | $452,608 |
| 10 | Gallup Bid Inc | PO BOX 4019, Gallup, NM 87305-4019 | NM | 2014-05 | $255,410 |
| 11 | Magdalena Area Community Development Corporation, Macdc | 105 North Main Street Pob 970, Magdalena, NM 87825 | NM | 2000-04 | $154,199 |
| 12 | New Mexico Rural Development Response Council | 2209 Miguel Chavez Rd Ste C, Santa Fe, NM 87505-7010 | NM | 1998-01 | $125,300 |
| 13 | Timberon Development Council Inc | PO BOX 111, Timberon, NM 88350-0111 | NM | 2003-07 | $44,542 |
| 14 | Hatch Chile Association | PO BOX 205, Hatch, NM 87937-0205 | NM | 2015-02 | $14,620 |
| 15 | Agri-Tourism Advisory Council Of Lincoln County, Atac | Po Box 261, Hondo, NM 88336 | NM | 2007-08 | $0 |
| 16 | Caprock Village Economic & Community Development Corporation | 4000 Cr M, Broadview, NM 88112-9541 | NM | 2014-04 | $0 |
| 17 | Four Corners Small Business Foundation | PO BOX 4423, Gallup, NM 87305-4423 | NM | 2003-05 | $0 |
| 18 | Greater Springer Area Economic Developemnt Corporation | Po Box 144, Springer, NM 87747 | NM | 2010-09 | $0 |
| 19 | La Mesita Institute | 200 W De Vargas St Ste 3, Santa Fe, NM 87501-2679 | NM | 2007-10 | $0 |
| 20 | Mora County Economic Development Corporation | Po Box 171, Mora, NM 87732 | NM | 2014-07 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 433 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Magdalena Area Community Development Corporation, Macdc »
Non-representatives - add comments about Magdalena Area Community Development Corporation, Macdc»