Hermann Regional Economic Development Corporation in Hermann, Missouri (MO)

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Hermann Regional Economic Development Corporation
Employer Identification Number (EIN)463139415
Name of OrganizationHermann Regional Economic Development Corporation
In Care of NameChris Theissen
Address804 Jefferson St, Hermann, MO 65041-1256
SubsectionBoard of Trade
Ruling Date10/2013
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$20,603
Amount of Income$68,150
Form 990 Revenue Amount$68,150
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business

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Amount of income in 2014: $68,150
This organization: 

Other organizations performing similar types of work: 


Assets in 2014: $20,603
This organization: 

Other organizations performing similar types of work: 


Expenses in 2014: $47,547
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2014: 1.4
This organization: 

Other organizations performing similar types of work: 


Grants share in income in 2014: 0.0%
This organization: 

Other organizations performing similar types of work: 


Financial snapshot for 2014 ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$68,150
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$68,150
Membership dues and assessments$0
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$47,547
Total net assets$20,603
Excess/Deficit for the year$20,603
Net assets or fund balances at beginning of year$0
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$20,603
Balance Sheets
Total assets$20,603
Total liabilities$0
Net assets or fund balances$20,603
Other Information
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 activitiesNo
Has the organization filed a Form 990-T for the year?No
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
Gross receipts for public use of club facilities$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?No
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 Columbia411
North Carolina452
North Dakota65
New Hampshire92
New Jersey401
New Mexico156
New York967
Rhode Island73
South Carolina192
South Dakota91
West Virginia109

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