Midwest Region Foundation For Fair Contracting Incorporated in Springfield, Illinois (IL)

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Midwest Region Foundation For Fair Contracting Incorporated
Employer Identification Number (EIN)371338273
Name of OrganizationMidwest Region Foundation For Fair Contracting Incorporated
Address1 N Old State Capitol Plaza, Springfield, IL 62701-1323
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionLabor Organization
Ruling Date06/1995
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,161,467
Amount of Income$874,880
Form 990 Revenue Amount$835,978


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$895,615
Contributions, Gifts, Grants and Other Similar Amounts$48,647
Program Service Revenue$767,728
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$39,451
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-879
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $879
Gain or (loss) (Securities / Other)$0 / $-879
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$40,668
Statement of Functional Expenses (for 2012)
Total functional expenses$914,619
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$306,734
Payroll taxes$24,868
Professional fundraising services$0
Other$583,017
Balance Sheet (for 2012)
Total assets$2,267,760
Total liabilities$1,589
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$1,589
Total net assets or fund balances$2,266,171
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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