Municipal Asset Finance Corp in Golden, Colorado (CO)

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Municipal Asset Finance Corp
Employer Identification Number (EIN)261616615
Name of OrganizationMunicipal Asset Finance Corp
In Care of NameSUZANNE COLLINGS
Address25288 Foothills Drive North, Golden, CO 80401
SubsectionCharitable Organization
Ruling Date08/2013
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$27,536
Amount of Income$8,739
Form 990 Revenue Amount$8,739
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Educational Services and Schools - Other


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$8,739
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$8,739
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$1,479
Total net assets$27,536
Excess for the year$7,260
Net assets or fund balances at beginning of year$20,276
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$27,536
Total liabilities$0
Net assets or fund balances$27,536
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
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
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