Updowntowners Inc in Lincoln, Nebraska (NE)

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Updowntowners Inc
Employer Identification Number (EIN)470837544
Name of OrganizationUpdowntowners Inc
In Care of NamePolly Mcmullen
Address206 S 13th St Ste 101, Lincoln, NE 68508-2010
SubsectionBoard of Trade
Ruling Date05/2001
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period08/2012
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$39,762
Amount of Income$348,623
Form 990 Revenue Amount$338,073
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2012: $348,623 (it was $318,532 in 2011)
Updowntowners Inc: 

 $348,623
Other organizations performing similar types of work: 

 $93,179

Assets in 2012: $39,762 (it was $45,854 in 2011)
This organization: 

 $39,762
Other organizations performing similar types of work: 

 $53,845

Financial snapshot ($)

Revenue for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$317,571
Contributions, Gifts, Grants and Other Similar Amounts$4,281
Program Service Revenue$294,072
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$2
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-961
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $0
Less: cost or other basis and sales expenses (Securities / Other)$961 / $0
Gain or (loss) (Securities / Other)$-961 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$20,177
Statement of Functional Expenses (for 2011)
Total functional expenses$295,624
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$295,624
Balance Sheet (for 2011)
Total assets$45,854
Total liabilities$55,506
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$25,000
Other$30,506
Total net assets or fund balances$-9,652
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Retail Merchant Assn Of Tidewater Va Inc, Ta Retail Alliance838 Granby St, Norfolk, VA 23510-2051VA2008-09$5,324,732
2San Joaquin Valley Winegrowers Association7030 N Fruit Avenue, Fresno, CA 93711-0782CA2008-11$180,610
3441 Heritage Corridor Inc300 North Thomas Street, Athens, GA 30601GA2000-07$56,377
4Unl Technology Development Corporation301 Canfield Adminstration, Lincoln, NE 68588NE2003-06$3,185,565
5Wayne Area Economic Development Inc108 W 3rd St, Wayne, NE 68787-1915NE2006-03$480,439
6Norfolk Area Visitors Bureau609 W Norfolk Ave, Norfolk, NE 68701-5140NE2013-02$381,175
7Updowntowners Inc206 S 13th St Ste 101, Lincoln, NE 68508-2010NE2001-05$348,623
8Shrm Nebraska State CouncilPO BOX 82831, Lincoln, NE 68501-2831NE2004-06$166,615
9South Omaha Merchants Association Of Omaha4827 S 24th St, Omaha, NE 68107-2704NE2002-02$154,692
10Main Street Falls City Inc, Main Street Falls City1705 Stone St, Falls City, NE 68355-2026NE2012-01$94,654
11Grand Island Board Of Realtors1811 W 2nd Street Suite 215, Grand Island, NE 68801NE2008-05$90,211
12Nebraska Mortgage AssociationPO BOX 6141, Lincoln, NE 68506-0141NE2008-02$74,707
13Burt County Economic Development Corporation111 North 13th Street, Tekamah, NE 68061-1085NE2011-09$72,463
14Structural Engineers Association Of NebraskaPo Box 540068, Omaha, NE 68154-0068NE2005-09$62,743
15Cfa Society Of Nebraska IncPO BOX 80685, Lincoln, NE 68501-0685NE2010-09$51,080
16The American College Of Family Trial Lawyers Inc2027 Dodge St Ste 100, Omaha, NE 68102-1229NE2002-09$49,884
17Wisner Community DevelopmentPO BOX 852, Wisner, NE 68791-0852NE1997-10$39,578
18Nebraska Society Of Healthcareengineers8600 Indian Hills Dr, Omaha, NE 68114-4039NE2012-11$31,641
19Nebraska Iowa WfcaPO BOX 241773, Omaha, NE 68124NE2012-05$30,045
20Home Builders Association Of Omaha2027 N 153rd Ave, Omaha, NE 68116-4163NE2013-03$18,125
Number of organizations performing similar types of work
Alaska90
Alabama213
Arkansas167
Arizona317
California1,725
Colorado384
Connecticut177
District of Columbia373
Delaware58
Florida890
Georgia435
Hawaii118
Iowa199
Idaho124
Illinois699
Indiana307
Kansas183
Kentucky210
Louisiana208
Massachusetts324
Maryland318
Maine99
Michigan448
Minnesota291
Missouri339
Mississippi106
Montana100
North Carolina420
North Dakota58
Nebraska130
New Hampshire83
New Jersey359
New Mexico144
Nevada154
New York879
Ohio575
Oklahoma175
Oregon320
Pennsylvania581
Rhode Island71
South Carolina173
South Dakota79
Tennessee242
Texas1,057
Utah150
Virginia566
Vermont65
Washington384
Wisconsin305
West Virginia90
Wyoming40
International34
Total16,036

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