Laughlin Economic Development Corporation in Laughlin, Nevada (NV)
Table of contents:
| Laughlin Economic Development Corporation | |
| Employer Identification Number (EIN) | 263395646 |
| Name of Organization | Laughlin Economic Development Corporation |
| In Care of Name | James R Maniaci |
| Address | Po Box 33702, Laughlin, NV 89028-3702 |
| Website | http://www.laughlinedc.com |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 07/2009 |
| 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 | 2013 |
| Assets | $0 |
| Income | $0 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $18,124 |
| Amount of Income | $105,827 |
| Form 990 Revenue Amount | $105,827 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Economic Development |
Non-representatives - add comments:
Amount of income in 2013: $105,827 (it was $19,661 in 2013)
| This organization: | $105,827 |
| Other organizations performing similar types of work: | $135,279 |
Assets in 2013: $18,124 (it was $18,228 in 2013)
| Laughlin Economic Development Corporation: | $18,124 |
| Other organizations performing similar types of work: | $114,906 |
Expenses in 2013: $3,291
| This organization: | $3,291 |
| Other organizations performing similar types of work: | $121,073 |
Income to expenses ratio in 2013: 32.2
| This organization: | 32.2 |
| Other organizations performing similar types of work: | 1.4 |
Grants share in income in 2013: 100.0%
| Laughlin Economic Development Corporation: | 100.0% |
| Other organizations performing similar types of work: | 8.8% |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $105,827 | $32,293 | $19,661 |
| Contributions, gifts, grants, and similar amounts received | $104,177 | $29,035 | $19,661 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $1,650 | $3,258 | $0 |
| Investment income | $0 | $0 | $0 |
| 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 | $89,273 | $49,089 | $3,291 |
| Total net assets | $18,124 | $1,728 | $18,228 |
| Excess/Deficit for the year | $16,554 | $-16,796 | $16,370 |
| Net assets or fund balances at beginning of year | $1,570 | $18,124 | $1,728 |
| Other changes in net assets or fund balances | $0 | $400 | $130 |
| Net assets or fund balances at end of year | $1,728 | $18,228 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $18,124 | $1,728 | $18,228 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $18,124 | $1,728 | $18,228 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| 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? | No | No | |
| 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? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| 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 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $157,781 |
| Subtotal | $157,781 |
| Gifts, grants, contributions, and membership fees received | $157,781 |
| 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 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $157,781 |
| Public support | $157,781 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | West River Foundation For Economic And Community Development | PO BOX 605, Sturgis, SD 57785-0605 | SD | 2000-10 | $1,093,865 |
| 2 | West Penn Power Sustainable Energy Fund | 40 North Pennsylvania Avenue, Greensburg, PA 15601-2341 | PA | 2000-07 | $30,412,808 |
| 3 | Louisiana State University System Research And Technology Foundation | 101 Letc 110 Lsu Union Sq, Baton Rouge, LA 70803-0001 | LA | 2007-11 | $20,520,539 |
| 4 | South Alabama Regional Planning Commission | 651 Church St, Mobile, AL 36602-1603 | AL | 1999-11 | $17,329,776 |
| 5 | Mineral County Economic Development Authority | PO BOX 1635, Hawthorne, NV 89415-1635 | NV | 2003-01 | $188,009 |
| 6 | Center For Unique Business Enterprises | 300 East Second Street Suite 1405, Reno, NV 89501 | NV | 2010-07 | $138,621 |
| 7 | Laughlin Economic Development Corporation | Po Box 33702, Laughlin, NV 89028-3702 | NV | 2009-07 | $105,827 |
| 8 | Success Nevada | 500 Damonte Ranch Pkwy Ste 1008, Reno, NV 89521-5968 | NV | 2015-02 | $86,806 |
| 9 | New Growth Nevada Corporation | PO BOX 10167, Reno, NV 89510-0167 | NV | 2012-11 | $20,041 |
| 10 | Vision 2020-Today Inc | 325 S Maryland Parkway, Las Vegas, NV 89101 | NV | 1999-07 | $105 |
| 11 | Carson City Downtown Business Association | PO BOX 3114, Carson City, NV 89702 | NV | 2014-02 | $0 |
| 12 | Da Ka Doyabe Resource Conservation And Development Council Inc | 1133 Bell Avenue, Ely, NV 89301 | NV | 2000-03 | $0 |
| 13 | Eastern Nevada Development Authority Inc | 482 5th St, Ely, NV 89301-1972 | NV | 2001-06 | $0 |
| 14 | Elko Motorcycle Jamboree | PO BOX 316, Elko, NV 89803-0316 | NV | 2010-05 | $0 |
| 15 | Family Assurance Inc | 7408 Burow Pine St, Las Vegas, NV 89131-4720 | NV | 2010-11 | $0 |
| 16 | Mesquite Community Development Corporation Inc | 312 West Mesquite Blvd, Mesquite, NV 89027 | NV | 2011-04 | $0 |
| 17 | Mineral County Farmers Market, Mineral County Farmers Market Community Garden | PO BOX 1635, Hawthorne, NV 89415 | NV | 2014-09 | $0 |
| 18 | Nevada Center Of Excellence | 755 E Flamingo Rd, Las Vegas, NV 89119-7363 | NV | 2014-10 | $0 |
| 19 | Start Up Foundation Inc | 9642 Camino Capistrano Ln, Las Vegas, NV 89147 | NV | 2012-05 | $0 |
| 20 | Women Of Distinction Foundation | 5836 S Pecos Rd Ste 104, Las Vegas, NV 89120 | NV | 2008-08 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 3,253 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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