Southern Illinois Industry Fund in Edwardsville, Illinois (IL)

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Southern Illinois Industry Fund
Employer Identification Number (EIN)237408131
Name of OrganizationSouthern Illinois Industry Fund
AddressPO BOX 307, Edwardsville, IL 62025-0307
ActivitiesBusiness promotion (chamber of commerce, business league, etc.), Advertising
SubsectionBusiness League
Ruling Date12/1974
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period09/2014
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$168,273
Amount of Income$173,266
Form 990 Revenue Amount$173,266


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$199,341$182,197
Contributions, gifts, grants, and similar amounts received$0$0
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$190,706$165,442
Investment income$8,635$16,355
Gain/Loss from sale of assets other than inventory$0$398
Gross amount from sale of assets other than inventory$0$6,175
Less: cost or other basis and sales expenses$0$5,776
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$265,882$162,685
Total net assets$161,311$136,382
Excess/Deficit for the year$-66,541$19,512
Net assets or fund balances at beginning of year$227,852$116,870
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$136,382
Balance Sheets
201120122013
Total assets$166,431$122,090$136,847
Total liabilities$5,119$5,219$464
Net assets or fund balances$161,311$136,382
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNo
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?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?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
Total amount involved$0
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities$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
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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