Wise Men Inc, American Intl Group in Stamford, Connecticut (CT)

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Wise Men Inc, American Intl Group
Employer Identification Number (EIN)061727741
Name of OrganizationWise Men Inc
Secondary NameAmerican Intl Group
In Care of NameG Jamison
AddressSpencer Stuart2 Stamford Pl281, Stamford, CT 06901
SubsectionBusiness League
Ruling Date10/2004
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$42,366
Amount of Income$50,072
Form 990 Revenue Amount$50,072
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2014: $50,072 (it was $46,367 in 2013)
This organization: 

 $50,072
Other organizations performing similar types of work: 

 $88,861

Assets in 2014: $42,366 (it was $32,329 in 2013)
This organization: 

 $42,366
Other organizations performing similar types of work: 

 $51,691

Expenses in 2014: $46,365
Wise Men Inc, American Intl Group: 

 $46,365
Other organizations performing similar types of work: 

 $80,127

Income to expenses ratio in 2014: 1.1
Wise Men Inc, American Intl Group: 

 1.1
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2014: 0.0%
Wise Men Inc, American Intl Group: 

 0.0%
Other organizations performing similar types of work: 

 1.0%

Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201220132014
Total revenue$42,637$46,367$50,072
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$19,589$16,574$19,675
Membership dues and assessments$23,045$29,790$30,394
Investment income$3$3$3
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$48,088$45,209$46,365
Total net assets$31,171$32,329$36,036
Excess/Deficit for the year$-5,451$1,158$3,707
Net assets or fund balances at beginning of year$36,622$31,171$32,329
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$31,171$32,329$36,036
Balance Sheets
201220132014
Total assets$31,720$32,329$42,366
Total liabilities$549$0$6,330
Net assets or fund balances$31,171$32,329$36,036
Other Information
201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNo
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?NoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNo
Amount of political expenditures, direct or indirect$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNo
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?NoNoNo
Total amount involved$0$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?NoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNo
Reason for Public Charity Status (for 2014)
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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3441 Heritage Corridor Inc300 North Thomas Street, Athens, GA 30601GA2000-07$56,377
4Ll Global Inc Of Connecticut300 Day Hill Rd, Windsor, CT 06095-1783CT2008-03$64,483,632
5Sporting Arms And Ammunition Manufacturers Institute Inc11 Mile Hill Rd, Newtown, CT 06470-2328CT2006-07$1,736,551
6Consumer Rights Coalition IncC/O Hilary B Miller Esq, Greenwich, CT 06830CT2010-01$622,500
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8Connecticut Chapter Of The American Coll Of Health Care Administr IncC/O Murtha Cullina Llp Two Whitney, New Haven, CT 06510CT2011-04$135,136
9Clinical Tms Society Inc15 Valley Dr Ste 304, Greenwich, CT 06831-5205CT2015-03$128,658
10Connecticut Beverage Coalition Incorporated131 Chapel Rd, Manchester, CT 06042-1633CT2013-07$118,112
11Chamber Of Commerce Of The Town Of Bethel Ct, Bethel Chamber Of Commerce184 Greenwood Ave, Bethel, CT 06801CT2014-03$113,150
12The@connecticut Chapter Of The American College Of Surgeons65 High Ridge Rd Pmb 275, Stamford, CT 06905-3800CT2006-06$98,426
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18Wise Men Inc, American Intl GroupSpencer Stuart2 Stamford Pl281, Stamford, CT 06901CT2004-10$50,072
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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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