Mississippi County Transit System Inc in East Prairie, Missouri (MO)

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Mississippi County Transit System Inc
Employer Identification Number (EIN)431422546
Name of OrganizationMississippi County Transit System Inc
Address274 Clay Morgan Industrial Dr, East Prairie, MO 63845-9134
ActivitiesServices for the aged (see also 153 ad 382), Gifts, grants, or loans to other organizations
SubsectionCivic League
Ruling Date06/1992
DeductibilityContributions are deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$500,000 to $999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$931,216
Amount of Income$374,698
Form 990 Revenue Amount$374,698


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$888,507
Contributions, Gifts, Grants and Other Similar Amounts$727,123
Program Service Revenue$158,175
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,476
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-640
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $500
Less: cost or other basis and sales expenses (Securities / Other)$0 / $1,140
Gain or (loss) (Securities / Other)$0 / $-640
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$2,373
Statement of Functional Expenses (for 2011)
Total functional expenses$375,454
Compensation of current officers, directors, trustees, and key employees$76,500
Other salaries and wages$117,021
Payroll taxes$15,080
Professional fundraising services$0
Other$166,853
Balance Sheet (for 2011)
Total assets$962,053
Total liabilities$22,246
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$22,246
Total net assets or fund balances$939,807
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
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 2011)
2007 - 2011 Total
Total Support$1,591,930
Gifts, grants, contributions, and membership fees received$1,559,544
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$19,049
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$13,337
Gross receipts from related activities, etc.$0
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