Mcdowell Board Of Realtors Inc in Marion, North Carolina (NC)

Mcdowell Board Of Realtors Inc
Employer Identification Number (EIN)	561400621
Name of Organization	Mcdowell Board Of Realtors Inc
Address	PO BOX 141, Marion, NC 28752-0141
Subsection	Board of Trade, Business League
Ruling Date	03/2008
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2014
Assets	$25,000 to $99,999
Income	$25,000 to $99,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$45,875
Amount of Income	$64,661
Form 990 Revenue Amount	$64,661
National Taxonomy of Exempt Entities (NTEE)	Community Improvement, Capacity Building: Boards of Trade

Non-representatives - add comments:

Amount of income in 2014: $64,661 (it was $50,816 in 2013)

Mcdowell Board Of Realtors Inc:	$64,661
Other organizations performing similar types of work:	$825,279

Assets in 2014: $45,875 (it was $27,012 in 2013)

Mcdowell Board Of Realtors Inc:	$45,875
Other organizations performing similar types of work:	$45,875

Expenses in 2013: $43,676

Mcdowell Board Of Realtors Inc:	$43,676
Other organizations performing similar types of work:	$931,374

Income to expenses ratio in 2013: 1.5

This organization:	1.5
Other organizations performing similar types of work:	1.5

Grants share in income in 2013: 0.0%

This organization:	0.0%
Other organizations performing similar types of work:	100.0%

Financial snapshot ($)

Revenue for 2013

	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$32,924	$22,594	$50,816
Contributions, gifts, grants, and similar amounts received	$32,746	$22,400	$0
Program service revenue including government fees and contracts	$0	$0	$0
Membership dues and assessments	$0	$0	$50,682
Investment income	$178	$194	$134
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	$42,657	$28,017	$43,676
Total net assets	$-11,422	$-16,845	$-9,705
Excess/Deficit for the year	$-9,733	$-5,423	$7,140
Net assets or fund balances at beginning of year	$-1,689	$-11,422	$-16,845
Other changes in net assets or fund balances	$0	$0	$0
Net assets or fund balances at end of year		$-16,845	$-9,705

	2011	2012	2013
Balance Sheets
Total assets	$19,657	$20,170	$27,012
Total liabilities	$31,079	$37,015	$36,717
Net assets or fund balances	$-11,422	$-16,845	$-9,705

	2011	2012	2013
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?		No	No
Were any significant changes made to the organizing or governing documents?		No	No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No	No	No
Has the organization filed a Form 990-T for the year?		No	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?		No	No
Amount of political expenditures, direct or indirect		$0	$0
Did the organization file Form 1120-POL for this year?		No	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	No
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?		No	No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?		No	No

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	Not provided
Number of organizations supported	0
Sum of amounts of support	$0

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Business Matchmaking Inc	23801 Calabasas Rd Ste 2035, Calabasas, CA 91302-3318	CA	2004-05	$1,210,347
2	International Alliance To Promote The Health Benefits Of Dry Beans, Pules For Health Alliance	1016 E Weisgarber Rd, Knoxville, TN 37909-2669	TN	2005-03	$825,279
3	Mcdowell Board Of Realtors Inc	PO BOX 141, Marion, NC 28752-0141	NC	2008-03	$64,661
4	Mississippi Association Of Mortgage Brokers Inc	156 Grants Ferry Rd, Brandon, MS 39047-9037	MS	2002-08	$43,401
5	Hickory Farmers Market Association Inc	418 5th Street Nw, Hickory, NC 28601	NC	2005-05	$0
6	Institute On Substance Abuse And Addiction Committee Inc	2232 Indiana Ave Ste 1, Lubbock, TX 79410-2147	TX	2005-08	$0

Number of organizations performing similar types of work

California	1
Mississippi	1
North Carolina	2

Tennessee	1
Texas	1

Total