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)
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: 

Other organizations performing similar types of work: 


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

Other organizations performing similar types of work: 


Expenses in 2013: $88,511
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2013: 1.1
This organization: 

Other organizations performing similar types of work: 


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

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
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
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
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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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
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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
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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
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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
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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