Springfield Business Development Corporation in Springfield, Missouri (MO)

Organization representatives - add corrected or new information about Springfield Business Development Corporation »

Non-representatives - add comments about Springfield Business Development Corporation»

Springfield Business Development Corporation
Employer Identification Number (EIN)431309497
Name of OrganizationSpringfield Business Development Corporation
In Care of NameJennifer Dalton
AddressPO BOX 1687, Springfield, MO 65801-1687
ActivitiesStudy and research (non scientific), Area development, redevelopment of renewal, Attracting new industry or retaining industry in an area
SubsectionCharitable Organization
Ruling Date07/1984
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,036,782
Amount of Income$1,126,924
Form 990 Revenue Amount$1,025,743


Non-representatives - add comments:


CAPTCHA

Your IP address 3.238.62.119 will be logged.

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 109656
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return00
Did the organization file all required federal employment tax returns?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$0$0
Total reportable compensation from related organizations$202,545$208,415
Total estimated amount of other compensation from the organization and related organizations$66,336$48,114
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
201120122013
Total revenue$332,574$518,061$1,025,743
Contributions, Gifts, Grants and Other Similar Amounts$95,709$267,942$787,255
Program Service Revenue$235,292$249,040$237,244
541610$165,000$165,000
541900$3,700$4,250
541900$21,840$21,245
541900$51,000$45,000
900099$7,500$1,749
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,573$1,079$1,244
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$0$0$0
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $0$0 / $0$0 / $101,181
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0$0 / $0$0 / $101,181
Gain or (loss) (Securities / Other)$0 / $0$0 / $0$0 / $0
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$0$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$664,512$745,526$737,671
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$0$0$0
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$0$0$0
Pension plan accruals and contributions$0$0
Other employee benefits$0$0
Payroll taxes$0$0$0
Fees for services (non-employees)
Management$505,000$545,000
Legal$0$0
Accounting$6,630$7,120
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0
Other$15,943$7,473
Advertising and promotion$22,402$33,684
Office expenses$2,638$2,520
Information technology$0$0
Royalties$0$0
Occupancy$0$0
Travel$65,688$41,553
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$14,626$11,073
Interest$0$0
Payments to affiliates$0$0
Depreciation, depletion, and amortization$3,823$9,262
Insurance$0$0
Other expenses$13,087$35,201
Other expenses$11,545$19,241
Other expenses$62,974$14,695
Other expenses$11,170$8,849
Other expenses$10,000$2,000
Balance Sheet
201120122013
Total assets$980,666$726,926$1,036,782
Cash - non-interest-bearing$0$0
Savings and temporary cash investments$254,632$492,726
Pledges and grants receivable, net$370,015$500,000
Accounts receivable, net$0$0
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$0$98
Land, buildings, and equipment: cost or other basis$102,279$43,958
Investments - publicly traded securities$0$0
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$0$0
Total liabilities$60,000$64,725$104,117
Accounts payable and accrued expenses$4,717$12,012
Grants payable$0$29,605
Deferred revenue$0$2,500
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$60,000$60,000$60,000
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$8$0
Total net assets or fund balances$920,666$662,201$932,665
Unrestricted net assets$272,069$430,156
Temporarily restricted net assets$390,132$502,509
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$1,301,268
Subtotal Support$1,313,414
Gifts, grants, contributions, and membership fees received$1,313,414
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$12,146
Total Support$1,321,327
Public Support$1,313,414
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$7,913
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$1,080,156
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Springfield Business Development Corporation to others? (optional)
  
Add photo of Springfield Business Development Corporation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Recently Added Reviews
Pet Connection Services Inc in Springfield, MO
*****
Police Chaplains Association Of Springfield in Springfield, MO
*****
Echos From Calvary Ministries in Springfield, MO
Seniors As Stars in Springfield, MO
****
Alano Society Of St Louis Missouri Inc in Saint Louis, MO
*****
Kiwanis International Inc, Kiwanis Club Of Pulaski County in Waynesville, MO
*****
Missouri Peach Fair C/O Janice Schatz in Campbell, MO
Harvest Home Inc in Holden, MO
Our Fathers House 1 in City Florissant, MO
*****
Ozark Haven Rescue in Cabool, MO
*****
Other organizations in Missouri
IdNameAddressStateEstablishedTotal Income
1Special Learning Center Foundation1115 Fairgrounds Rd, Jefferson Cty, MO 65109-5443MO2001-11$202,175
2Spelman Medical Foundation5830 Nw Barry Rd, Kansas City, MO 64154-2778MO1982-12$484,609
3Spina Bifida-Kansas City SbkcPO BOX 1041, Belton, MO 64012MO1977-02$34,284
4Spirit Of St Louis Drum And Bugle Corps Inc4341 Margaret Ridge Dr, Florissant, MO 63034-3461MO1972-03$0
5Spofford300 E 36th St, Kansas City, MO 64111-1410MO1997-11$5,085,680
6Sports Crusaders460 S Summit Dr, Holts Summit, MO 65043-1434MO2006-08$218,375
7Sports Excellence InternationalPO BOX 504, Grandview, MO 64030-0504MO1998-03$300,730
8Springfield Area Baseball Association Inc5114 E Cherry Hills Blvd, Springfield, MO 65809-3305MO1984-10$108,518
9Springfield Board Of Realtors Inc1310 E Primrose St, Springfield, MO 65804-4279MO1969-07$276,082
10Springfield Branson Ccim District3032c S Fremont Ave Ste 100, Springfield, MO 65804-4236MO2009-08$7,898
11Springfield Business Development CorporationPO BOX 1687, Springfield, MO 65801-1687MO1984-07$1,126,924
12Springfield Catholic Baseball Association2340 S Eastgate Ave, Springfield, MO 65809-2810MO1998-11$41,397
13Springfield Contractors Association1313 N Nias Ave, Springfield, MO 65802-2236MO1988-12$243,385
14Springfield Education Association Scholarship Corporation622 W Locust St, Springfield, MO 65803-2710MO1967-01$83,134
15Springfield New Car Dealer Association Inc2131 W Republic Rd 150, Springfield, MO 65807-5705MO1984-03$85,462
16Springfield Symphony Orchestra Endowment Trust 06671016PO BOX 387, St Louis, MO 63166-0387MO1989-03$20,112
17Springfield Teachers Credit Union1131 N Boonville, Springfield, MO 65802-3839MO1969-04$2,081,766
18Springfield Victory Mission IncPO BOX 2884, Springfield, MO 65801-2884MO1991-04$4,530,451
19Swi Industrial Solutions Inc2835 W Bennett St, Springfield, MO 65802-5183MO1975-01$3,773,982
20Southside Early Childhood Center2930 Iowa Ave, Saint Louis, MO 63118-1446MO1935-02$2,559,755

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Springfield Business Development Corporation and has no official or unofficial affiliation with Springfield Business Development Corporation