The Industrial Development Board Of The County Of Mcminn in Athens, Tennessee (TN)

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The Industrial Development Board Of The County Of Mcminn
Employer Identification Number (EIN)621150835
Name of OrganizationThe Industrial Development Board Of The County Of Mcminn
In Care of NameAthens Area Chamber Of Comm
AddressPO BOX 767, Athens, TN 37371-0767
ActivitiesAttracting new industry or retaining industry in an area
SubsectionBusiness League
Ruling Date07/1983
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period04/2014
Assets$10,000 to $24,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$19,018
Amount of Income$14,500
Form 990 Revenue Amount$14,500


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201220132014
Total revenue$4,750$14,500
Contributions, gifts, grants, and similar amounts received$0$0
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$4,750$14,500
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$0
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$386$24,534
Total net assets$6,793$19,018
Excess/Deficit for the year$4,364$-10,034
Net assets or fund balances at beginning of year$2,429$29,052
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$19,018
Balance Sheets
201220132014
Total assets$6,793$29,052$19,018
Total liabilities$0$0$0
Net assets or fund balances$6,793$19,018
Other Information
201220132014
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
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?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
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?No
Total amount involved$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?No
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 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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