New Mexico Press Association Inc in Albuquerque, New Mexico (NM)

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New Mexico Press Association Inc
Employer Identification Number (EIN)856102010
Name of OrganizationNew Mexico Press Association Inc
AddressPO BOX 95198, Albuquerque, NM 87199-5198
ActivitiesOther services or benefits to members or employees
SubsectionBusiness League
Ruling Date01/1966
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period10/2014
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$77,812
Amount of Income$82,017
Form 990 Revenue Amount$45,666

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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$55,417$45,361$50,721
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$37,451$37,003$37,549
Investment income$6,296$4,379$8,937
Gain/Loss from sale of assets other than inventory$0$0$-10
Gross amount from sale of assets other than inventory$0$0$394
Less: cost or other basis and sales expenses$0$0$404
Net income/loss from gaming and fundraising events$9,070$1,379$1,598
Gross income from gaming$0$0$0
Gross income from fundraising events$38,411$42,605$45,005
Less: direct expenses from gaming and fundraising events$29,341$41,226$43,407
Gross profit/loss from sales of inventory$0$0$0
Other revenue$2,600$2,600$2,647
Total expenses$47,549$45,402$52,974
Total net assets$72,119$72,078$69,644
Excess/Deficit for the year$7,868$-41$-2,253
Net assets or fund balances at beginning of year$64,251$72,119$72,078
Other changes in net assets or fund balances$0$0$-181
Net assets or fund balances at end of year$72,078$69,644
Balance Sheets
Total assets$75,792$77,446$69,644
Total liabilities$3,673$5,368$0
Net assets or fund balances$72,119$72,078$69,644
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
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 activitiesNoNoNo
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$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?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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