Las Vegas First Independent Business Alliance in Las Vegas, New Mexico (NM)

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Las Vegas First Independent Business Alliance
Employer Identification Number (EIN)364488907
Name of OrganizationLas Vegas First Independent Business Alliance
In Care of NameJose E Chavez
AddressPo Box 2004, Las Vegas, NM 87701-2004
Websitehttp://lvfiba.org
SubsectionBusiness League
Ruling Date09/2002
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2011
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$7,000
Amount of Income$78,628
Form 990 Revenue Amount$74,734
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2011: $78,628 (it was $74,734 in 2013)
Las Vegas First Independent Business Alliance: 

 $78,628
Other organizations performing similar types of work: 

 $88,861

Assets in 2011: $7,000 (it was $7,000 in 2013)
Las Vegas First Independent Business Alliance: 

 $7,000
Other organizations performing similar types of work: 

 $51,691

Expenses in 2013: $81,659
Las Vegas First Independent Business Alliance: 

 $81,659
Other organizations performing similar types of work: 

 $80,127

Income to expenses ratio in 2013: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2013: 12.2%
This organization: 

 12.2%
Other organizations performing similar types of work: 

 1.0%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20122013
Total revenue$86,311$74,734
Contributions, gifts, grants, and similar amounts received$18,826$9,146
Program service revenue including government fees and contracts$56,657$57,319
Membership dues and assessments$8,844$7,050
Investment income$0$0
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$1,984$1,219
Gross sales of inventory, less returns and allowances$5,232$5,113
Less: cost of goods sold$3,248$3,894
Other revenue$0$0
Total expenses$76,623$81,659
Total net assets$10,470$3,545
Excess/Deficit for the year$9,688$-6,925
Net assets or fund balances at beginning of year$782$10,470
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$10,470$3,545
Balance Sheets
20122013
Total assets$15,810$7,000
Total liabilities$5,340$3,455
Net assets or fund balances$10,470$3,545
Other Information
20122013
Did the organization engage in any significant activity not previously reported to the IRS?YesNo
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 activitiesNoNo
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
Gross receipts for public use of club facilities$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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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$17,149,516
2San Joaquin Valley Winegrowers Association7030 N Fruit Avenue, Fresno, CA 93711-0782CA2008-11$175,202
3441 Heritage Corridor Inc300 North Thomas Street, Athens, GA 30601GA2000-07$56,377
4Trauma Center Association Of America Inc1155 S Telshor Blvd Ste 201, Las Cruces, NM 88011-4788NM2005-12$1,218,182
5Information Display And Entertainment Association Inc, Idea2001 East Lohman Avenue Suite 110-1, Las Cruces, NM 88001-3167NM2012-09$435,677
6Santa Fe Independent Business And Citizens AlliancePo Box 23864, Santa Fe, NM 87502NM2004-03$232,760
7New Mexico Green Chamber Of CommercePo Box 5720, Santa Fe, NM 87502NM2011-06$213,223
8The Agents Association1655 La Fonda Dr, Las Cruces, NM 88001NM2010-06$150,652
9New Mexico Passenger Transportation AssociationPO BOX 15272, Rio Rancho, NM 87174-0272NM2013-02$131,440
10New Mexico Business CoalitionPo Box 90847, Albuquerque, NM 87199NM2010-03$126,830
11San Juan County Home Builders Association IncPO BOX 5565, Farmington, NM 87499-5565NM2001-03$91,929
12Las Vegas First Independent Business AlliancePo Box 2004, Las Vegas, NM 87701-2004NM2002-09$78,628
13Facility Manager Association Of New MexicoPO BOX 66011, Albuquerque, NM 87193-6011NM2012-08$78,025
14Nonprofit Back Office Resources1503 University Blvd Ne, Albuquerque, NM 87102-1708NM2012-07$74,595
15New Mexico Public Procurement Association3108 Ashkirk Lp Se, Rio Rancho, NM 87124NM1999-04$70,631
16Golf On The Santa Fe TrailC/O 110 Roehl Road Nw, Albuquerque, NM 87107NM2005-12$68,781
17Tucumcari Quay Chamber Of Commece404 W Route 66 Blvd, Tucumcari, NM 88401-3279NM2014-08$64,631
18Aia New MexicoPO BOX 16148, Albuquerque, NM 87191-6148NM2012-06$62,273
19Santa Fe Chapter American Institute Of ArchitectsPO BOX 9513, Santa Fe, NM 87504-9513NM2000-06$61,525
20Biographers International OrganizationPO BOX 33020, Santa Fe, NM 87594-3020NM2011-09$55,542
Number of organizations performing similar types of work
Alaska94
Alabama235
Arkansas185
Arizona346
California1,926
Colorado437
Connecticut191
District of Columbia411
Delaware63
Florida987
Georgia500
Hawaii127
Iowa226
Idaho137
Illinois781
Indiana331
Kansas211
Kentucky222
Louisiana232
Massachusetts358
Maryland360
Maine108
Michigan504
Minnesota341
Missouri377
Mississippi119
Montana114
North Carolina452
North Dakota65
Nebraska146
New Hampshire92
New Jersey401
New Mexico156
Nevada171
New York967
Ohio640
Oklahoma208
Oregon366
Pennsylvania679
Rhode Island73
South Carolina192
South Dakota91
Tennessee282
Texas1,208
Utah166
Virginia613
Vermont69
Washington451
Wisconsin359
West Virginia109
Wyoming44
International34
Total17,957

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