Team For Economic Action In Molalla in Molalla, Oregon (OR)

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Team For Economic Action In Molalla
Employer Identification Number (EIN)542078452
Name of OrganizationTeam For Economic Action In Molalla
In Care of NameBill Avison
AddressPo Box 1031, Molalla, OR 97038
SubsectionCharitable Organization
Ruling Date02/2003
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$53,028
Amount of Income$77,938
Form 990 Revenue Amount$77,938
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Economic Development


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Amount of income in 2014: $77,938 (it was $64,448 in 2012)
This organization: 

 $77,938
Other organizations performing similar types of work: 

 $135,279

Assets in 2014: $53,028 (it was $72,490 in 2012)
This organization: 

 $53,028
Other organizations performing similar types of work: 

 $114,906

Expenses in 2012: $46,039
Team For Economic Action In Molalla: 

 $46,039
Other organizations performing similar types of work: 

 $121,073

Income to expenses ratio in 2012: 1.7
This organization: 

 1.7
Other organizations performing similar types of work: 

 1.4

Grants share in income in 2012: 15.1%
This organization: 

 15.1%
Other organizations performing similar types of work: 

 8.8%

Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$60,243
Contributions, gifts, grants, and similar amounts received$9,072
Program service revenue including government fees and contracts$51,278
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net loss from gaming and fundraising events$-533
Gross income from gaming$0
Gross income from fundraising events$3,672
Less: direct expenses from gaming and fundraising events$4,205
Gross profit from sales of inventory$0
Other revenue$426
Total expenses$46,039
Total net assets$61,740
Excess for the year$14,204
Net assets or fund balances at beginning of year$47,536
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$72,490
Total liabilities$10,750
Net assets or fund balances$61,740
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$306,595
Gifts, grants, contributions, and membership fees received$40,745
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$264,521
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$1,329
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1West River Foundation For Economic And Community DevelopmentPO BOX 605, Sturgis, SD 57785-0605SD2000-10$1,093,865
2Discover Klamath Visitor & Convention Bureau205 Riverside Dr Ste B, Klamath Falls, OR 97601-4203OR2011-05$382,592
3Sherman Development League CorporationPO BOX 11, Moro, OR 97039-0011OR2002-04$335,144
4Oregon City Farmers Market IncPO BOX 2931, Oregon City, OR 97045-0272OR2011-06$142,309
5Sustainable Valley Technology Group, Sustainable ValleyPO BOX 1075, Medford, OR 97501-0078OR2011-03$118,705
6Regional Accelerator & Innovation Network11659 Sw Military Rd, Portland, OR 97219-8327OR2014-11$104,000
7Our 42nd Avenue4207 Ne Prescott St, Portland, OR 97218-1662OR2014-10$94,792
8Division-Midway Alliance For Community Improvement2536 Se 122nd Ave, Portland, OR 97236-3101OR2013-12$89,698
9Rogue Valley Winegrowers Association, Rvwa11777 Highway 238, Jacksonville, OR 97530OR2007-02$82,643
10Team For Economic Action In MolallaPo Box 1031, Molalla, OR 97038OR2003-02$77,938
11Greater Portland Economic Institute111 Sw Columbia St Ste 830, Portland, OR 97201-5813OR2013-08$75,007
12Micro-Inventors Program Of Oregon5257 Se Martin Luther King 201, Portland, OR 97211OR2010-07$42,449
13Hillsdale Community Foundation6327-C Sw Capitol Highway Pmb 121, Portland, OR 97239-1937OR2009-03$36,608
14Silverton Economic Development Alliance, S E D APO BOX 257, Silverton, OR 97381-0257OR2004-01$5,850
15Banks Community FoundationP O Box 355, Banks, OR 97106OR2004-06$3,914
16Elgin Economic Development And Growth EndeavorPo Box 387, Elgin, OR 97827OR2002-01$3,122
17Bandana Corporation13505 River Road Apt 303, Portland, OR 97222OR2011-11$0
18Bethel A M E Economic Development Corporation5828 Ne 8th Ave, Portland, OR 97211OR2005-01$0
19Canyonville Chamber Community Partnership FoundationP O Box 1028, Canyonville, OR 97417OR2003-03$0
20Greater Jefferson Improvement AssociationPo Box 471, Jefferson, OR 97352OR2002-04$0
Number of organizations performing similar types of work
Alaska23
Alabama64
Arkansas29
Arizona41
California299
Colorado47
Connecticut39
District of Columbia35
Delaware8
Florida134
Georgia71
Hawaii27
Iowa63
Idaho15
Illinois108
Indiana79
Kansas46
Kentucky50
Louisiana73
Massachusetts46
Maryland54
Maine37
Michigan101
Minnesota55
Missouri99
Mississippi38
Montana36
North Carolina125
North Dakota13
Nebraska37
New Hampshire25
New Jersey61
New Mexico41
Nevada16
New York213
Ohio149
Oklahoma39
Oregon51
Pennsylvania173
Rhode Island6
South Carolina63
South Dakota34
Tennessee56
Texas168
Utah17
Virginia62
Vermont16
Washington47
Wisconsin61
West Virginia39
Wyoming14
International10
Total3,253

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