Iiba Minneapolis-St Paul Chapter in Golden Valley, Minnesota (MN)

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Iiba Minneapolis-St Paul Chapter
Employer Identification Number (EIN)204136287
Name of OrganizationIiba Minneapolis-St Paul Chapter
In Care of NameMindy Duvernet
AddressPo Box 27564, Golden Valley, MN 55427
SubsectionBoard of Trade
Ruling Date01/2010
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period2011
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$85,226
Amount of Income$128,453
Form 990 Revenue Amount$127,259
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Boards of Trade

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Amount of income in 2011: $128,453 (it was $127,259 in 2014)
Iiba Minneapolis-St Paul Chapter: 

Other organizations performing similar types of work: 


Assets in 2011: $85,226 (it was $85,226 in 2014)
Iiba Minneapolis-St Paul Chapter: 

Other organizations performing similar types of work: 


Expenses in 2014: $90,033
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2014: 1.4
Iiba Minneapolis-St Paul Chapter: 

Other organizations performing similar types of work: 


Grants share in income in 2014: 0.0%
Iiba Minneapolis-St Paul Chapter: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$85,940$127,259
Contributions, gifts, grants, and similar amounts received$0$0
Program service revenue including government fees and contracts$76,340$112,545
Membership dues and assessments$7,486$14,006
Investment income$0$0
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$1,380$156
Gross sales of inventory, less returns and allowances$1,380$1,350
Less: cost of goods sold$0$1,194
Other revenue$734$552
Total expenses$63,275$90,033
Total net assets$48,000$85,226
Excess/Deficit for the year$22,665$37,226
Net assets or fund balances at beginning of year$25,335$48,000
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$48,000$85,226
Balance Sheets
Total assets$48,000$85,226
Total liabilities$0$0
Net assets or fund balances$48,000$85,226
Other Information
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 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?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
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?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 2014)
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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Number of organizations performing similar types of work
District of Columbia36
North Carolina23
North Dakota5
New Hampshire6
New Jersey34
New Mexico9
New York70
Rhode Island8
South Carolina7
South Dakota5
West Virginia8

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