Newell Economic Development Corporation, City Of Newell in Newell, South Dakota (SD)

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Newell Economic Development Corporation, City Of Newell
Employer Identification Number (EIN)911747454
Name of OrganizationNewell Economic Development Corporation
Secondary NameCity Of Newell
In Care of NameNeil Vollmer
AddressPO BOX 405, Newell, SD 57760-0405
ActivitiesAttracting new industry or retaining industry in an area
SubsectionBoard of Trade
Ruling Date07/1998
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$31,497
Amount of Income$0
Form 990 Revenue Amount$0


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201020112013
Total revenue$0$0$0
Total expenses$150$150$200
Total net assets$32,127$0$31,497
Excess/Deficit for the year$-150$-150$-210
Net assets or fund balances at beginning of year$32,277$150$31,707
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$24,037$31,497
Balance Sheets
201020112013
Total assets$32,127$0$31,497
Total liabilities$0$0$0
Net assets or fund balances$32,127$0$31,497
Other Information
201020112013
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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