Downtown Jonesboro Association Inc in Jonesboro, Arkansas (AR)

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Downtown Jonesboro Association Inc
Employer Identification Number (EIN)731621615
Name of OrganizationDowntown Jonesboro Association Inc
In Care of NameAngela Fegtly
Address407 Union St, Jonesboro, AR 72401-2834
SubsectionBusiness League
Ruling Date05/2002
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$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$56,057
Amount of Income$50,418
Form 990 Revenue Amount$50,418
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2013: $50,418 (it was $46,629 in 2012)
Downtown Jonesboro Association Inc: 

 $50,418
Other organizations performing similar types of work: 

 $88,861

Assets in 2013: $56,057 (it was $40,994 in 2012)
This organization: 

 $56,057
Other organizations performing similar types of work: 

 $51,691

Expenses in 2013: $38,559
Downtown Jonesboro Association Inc: 

 $38,559
Other organizations performing similar types of work: 

 $80,127

Income to expenses ratio in 2013: 1.3
This organization: 

 1.3
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2013: 99.5%
Downtown Jonesboro Association Inc: 

 99.5%
Other organizations performing similar types of work: 

 1.0%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$8,687$46,629$50,418
Contributions, gifts, grants, and similar amounts received$8,600$46,550$50,150
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$2$79$57
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$211
Gross income from gaming$0$0$0
Gross income from fundraising events$0$0$211
Less: direct expenses from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$85$0$0
Total expenses$6,624$14,955$38,559
Total net assets$9,115$40,789$52,648
Excess/Deficit for the year$2,063$31,674$11,859
Net assets or fund balances at beginning of year$7,052$9,115$40,789
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$40,789$52,648
Balance Sheets
201120122013
Total assets$9,115$40,994$56,057
Total liabilities$0$205$3,409
Net assets or fund balances$9,115$40,789$52,648
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
1Retail Merchant Assn Of Tidewater Va Inc, Ta Retail Alliance838 Granby St, Norfolk, VA 23510-2051VA2008-09$17,149,516
2San Joaquin Valley Winegrowers Association7030 N Fruit Avenue, Fresno, CA 93711-0782CA2008-11$175,202
3441 Heritage Corridor Inc300 North Thomas Street, Athens, GA 30601GA2000-07$56,377
4Wynne Economic Development CorporationPO BOX 234, Wynne, AR 72396-0234AR2013-11$781,869
5Texas Equine Veterinary Association1015 N West Ave 212, El Dorado, AR 71730-4660AR2010-03$285,635
6North Central Board Of Realtors Inc721 N College St, Mountain Home, AR 72653-2409AR2009-10$117,700
7Ouachita River Valley AssociationPO BOX 913, Camden, AR 71711-0913AR2011-01$89,869
8Corning Economic Development CorporationP O Box 813, Corning, AR 72422AR2011-09$89,188
9Arkansas Medical Group Management Association2504 Alexander Dr 345, Jonesboro, AR 72401-7175AR2011-06$88,896
10Arkansas Water Well Contractors Assoc245 Mc 7001, Flippen, AR 72634AR2011-11$88,462
11Truck Writers Of North America Incorporated1123 S University Ave, Little Rock, AR 72204-1650AR2006-06$85,094
12Rector Downtown Central Inc324 S Main St, Rector, AR 72461-1705AR2009-08$74,770
13Arkansas State Association Of Life UnderwritersPO BOX 26038, Little Rock, AR 72221-6038AR2014-03$66,449
14Conway County Liquor Association3 Carl Hoelzeman Ln, Morrilton, AR 72110-8952AR2010-04$55,511
15Arkansas Auctioneers AssnPo Box 26142, Little Rock, AR 72221AR2010-11$48,667
16Arkansas Emergency Management Association Inc, AemaPO BOX 578, Star City, AR 71667-0578AR2011-02$46,763
17Twin Lakes Economic Development CorporationPO BOX 1378, Mountain Home, AR 72654-1378AR2000-01$36,245
18Specialty Sterile Pharmaceutical Society7700 Northshore Pl, N Little Rock, AR 72118-5298AR2013-09$30,553
19The Spring River Area Chamber Of Commerce Inc2852 Hwy 62 412, Hardy, AR 72542AR2013-02$30,119
20Home Builders Association Of Greater Hot SpringsPO BOX 1046, Hot Springs, AR 71902-1046AR2011-08$28,237
Number of organizations performing similar types of work
Alaska94
Alabama235
Arkansas185
Arizona346
California1,926
Colorado437
Connecticut191
District of Columbia411
Delaware63
Florida987
Georgia500
Hawaii127
Iowa226
Idaho137
Illinois781
Indiana331
Kansas211
Kentucky222
Louisiana232
Massachusetts358
Maryland360
Maine108
Michigan504
Minnesota341
Missouri377
Mississippi119
Montana114
North Carolina452
North Dakota65
Nebraska146
New Hampshire92
New Jersey401
New Mexico156
Nevada171
New York967
Ohio640
Oklahoma208
Oregon366
Pennsylvania679
Rhode Island73
South Carolina192
South Dakota91
Tennessee282
Texas1,208
Utah166
Virginia613
Vermont69
Washington451
Wisconsin359
West Virginia109
Wyoming44
International34
Total17,957

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