Turnaround Management Association Minnesota Chapter in Minneapolis, Minnesota (MN)

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Turnaround Management Association Minnesota Chapter
Employer Identification Number (EIN)411911072
Name of OrganizationTurnaround Management Association Minnesota Chapter
In Care of NameSteven Murray
Address100 Washington Avenue South, Minneapolis, MN 55401-2110
SubsectionBusiness League
Ruling Date11/2002
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$127,812
Amount of Income$99,487
Form 990 Revenue Amount$99,487
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Boards of Trade


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Amount of income in 2013: $99,487 (it was $80,158 in 2012)
This organization: 

 $99,487
Other organizations performing similar types of work: 

 $79,698

Assets in 2013: $127,812 (it was $116,836 in 2012)
This organization: 

 $127,812
Other organizations performing similar types of work: 

 $49,746

Expenses in 2013: $88,511
This organization: 

 $88,511
Other organizations performing similar types of work: 

 $71,162

Income to expenses ratio in 2013: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 14.5%
Turnaround Management Association Minnesota Chapter: 

 14.5%
Other organizations performing similar types of work: 

 33.3%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$75,194$80,158$99,487
Contributions, gifts, grants, and similar amounts received$7,500$11,667$14,467
Program service revenue including government fees and contracts$53,865$55,134$73,606
Membership dues and assessments$13,615$13,203$11,323
Investment income$214$154$91
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$67,764$76,420$88,511
Total net assets$113,098$116,836$127,812
Excess/Deficit for the year$7,430$3,738$10,976
Net assets or fund balances at beginning of year$105,668$113,098$116,836
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$116,836$127,812
Balance Sheets
201120122013
Total assets$113,098$116,836$127,812
Total liabilities$0$0$0
Net assets or fund balances$113,098$116,836$127,812
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
1American Academy Of Neurology201 Chicago Ave, Minneapolis, MN 55415-1126MN2008-01$25,902,970
2London & Partners Us Limited1185 Ave Of The Americas, New York, NY 10036-2601NY2007-02$753,342
32013 New Orleans Super Bowl Host Committee Inc2020 St Charles Avenue, New Orleans, LA 70130-5319LA2011-02$8,542,164
4Public Policy Fund Inc, Alliance For American Manufacturing711 D St Nw Fl 3, Washington, DC 20004-2839DC2010-05$6,704,677
5American College Of Trust And Estate Counsel Inc, ActecEstate Counsel Inc 901 15th Street, Washington, DC 20005DC2011-01$6,285,539
6Minnesota Milk Producers Association108 Marty Dr Ste 2, Buffalo, MN 55313-9311MN2007-01$705,166
7Health Care Compliance Certification Board Inc6500 Barrie Rd Ste 250, Minneapolis, MN 55435-2358MN2000-07$197,070
8Iiba Minneapolis-St Paul ChapterPo Box 27564, Golden Valley, MN 55427MN2010-01$128,453
9Society For Church Consulting2316 176th Lane Nw, Andover, MN 55304MN2011-08$106,734
10Turnaround Management Association Minnesota Chapter100 Washington Avenue South, Minneapolis, MN 55401-2110MN2002-11$99,487
11Capital City Business Council10 River Park Plaza Suite 820, St Paul, MN 55107MN2010-12$0
12Duluth Superior Transportation Association3596 Ugstad Road, Hermantown, MN 55810MN2013-09$0
13International Codes Council Upper Great Plains Region IiiPo Box 203, Fairmont, MN 56031MN2005-09$0
14Interpreter Agencies Of Minnesota4301 Highway 7 Suite 140, St Louis Park, MN 55416MN2011-02$0
15Midwest Meditation And Psychotherapy Institute4801 East 38th St, Minneapolis, MN 55406MN2012-06$0
16Minnesota Wood Campaign26 E Exchange Suite 405, Saint Paul, MN 55101MN2007-09$0
17North American Neuromuscular Study Club7606 Angeline Dr, New Hope, MN 55428MN2001-02$0
18North Star Chapter Of The Finnish American Chamber Of Commerce Inc1613 Gettysburg Ave Ste 100, Minneapolis, MN 55427-3703MN2004-03$0
19Small Business MinnesotaPo Box 46265, Plymouth, MN 55446MN2011-06$0
20The Minnesota Association Of Business Valuation Professionals100 Washington Ave S Suite 1600, Minneapolis, MN 55401-2192MN2014-08$0
Number of organizations performing similar types of work
Alaska4
Alabama15
Arkansas7
Arizona20
California119
Colorado26
Connecticut22
District of Columbia36
Delaware4
Florida57
Georgia35
Hawaii8
Iowa14
Idaho8
Illinois39
Indiana19
Kansas12
Kentucky8
Louisiana14
Massachusetts22
Maryland18
Maine7
Michigan27
Minnesota16
Missouri17
Mississippi7
Montana10
North Carolina23
North Dakota5
Nebraska6
New Hampshire6
New Jersey34
New Mexico9
Nevada19
New York70
Ohio27
Oklahoma13
Oregon25
Pennsylvania35
Rhode Island8
South Carolina7
South Dakota5
Tennessee16
Texas62
Utah10
Virginia45
Vermont2
Washington24
Wisconsin22
West Virginia8
Wyoming5
International5
Total1,082

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