Albany-Millersburg Economic Development Corporation in Albany, Oregon (OR)

Albany-Millersburg Economic Development Corporation
Employer Identification Number (EIN)	930814440
Name of Organization	Albany-Millersburg Economic Development Corporation
Address	PO BOX 548, Albany, OR 97321-0161
Activities	Attracting new industry or retaining industry in an area
Subsection	Social Welfare Organization
Ruling Date	12/1982
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	06/2014
Assets	$10,000 to $24,999
Income	$100,000 to $499,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$13,799
Amount of Income	$109,506
Form 990 Revenue Amount	$109,506

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Financial snapshot ($)

Revenue for 2014

	2012	2013	2014
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$131,391	$102,001	$109,506
Contributions, gifts, grants, and similar amounts received	$131,325	$101,950	$109,500
Program service revenue including government fees and contracts	$0	$0	$0
Membership dues and assessments	$0	$0	$0
Investment income	$66	$51	$6
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	$130,424	$159,733	$131,466
Total net assets	$90,068	$32,336	$10,376
Excess/Deficit for the year	$967	$-57,732	$-21,960
Net assets or fund balances at beginning of year	$89,101	$90,068	$32,336
Other changes in net assets or fund balances	$0	$0	$0
Net assets or fund balances at end of year		$32,336	$10,376

	2012	2013	2014
Balance Sheets
Total assets	$93,395	$35,779	$13,799
Total liabilities	$3,327	$3,443	$3,423
Net assets or fund balances	$90,068	$32,336	$10,376

	2012	2013	2014
Other Information
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 2014)
The organization is not a private foundation because it is:	Not provided
Number of organizations supported	0
Sum of amounts of support	$0

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Id	Name	Address	State	Established	Total Income
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7	Albany Public Library Foundation	PO BOX 102, Albany, OR 97321-0032	OR	1997-04	$380,974
8	Albany Public School Foundation	PO BOX 1772, Albany, OR 97321-0494	OR	1985-09	$142,381
9	Albany Regional Museum Corporation	136 Lyon St S, Albany, OR 97321-2703	OR	1981-12	$108,928
10	Albany Tennis Club Corp	1423 27th Ave Sw, Albany, OR 97321-3454	OR	1998-02	$311,621
11	Albany-Millersburg Economic Development Corporation	PO BOX 548, Albany, OR 97321-0161	OR	1982-12	$109,506
12	Albanyrifle & Pistol Club	PO BOX 727, Albany, OR 97321-0246	OR	1992-04	$725,178
13	Albert B Harding Decd - Charitable Fund	PO BOX 3168, Portland, OR 97208-3168	OR	1985-01	$59,640
14	Albert D Woodmansee Trust	PO BOX 2305, Salem, OR 97308-2305	OR	1988-02	$30,856
15	Albert L And Ivy B Thomas Educational Fund	PO BOX 3168, Portland, OR 97208-3168	OR	1989-01	$94,122
16	Alberta Rider Elementary School Pso Foundation	14850 Sw 132nd Ter, Tigard, OR 97224-6118	OR	2006-05	$113,057
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18	Alberta Street Apartments Preservation Inc	1488 Ne Alberta St, Portland, OR 97211-5062	OR	1996-11	$118,312
19	Albertina Kerr Centers	424 Ne 22nd Ave, Portland, OR 97232-2809	OR	1966-03	$44,779,193
20	Albertina Kerr Centers Foundation Inc	424 Ne 22nd Ave, Portland, OR 97232-2809	OR	2001-01	$5,162,068

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