Collateral Guarantee Fund Inc in Omaha, Nebraska (NE)

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Collateral Guarantee Fund Inc
Employer Identification Number (EIN)470846564
Name of OrganizationCollateral Guarantee Fund Inc
In Care of NameLisa Davis
Address1313 Cuming Street, Omaha, NE 68102-4422
SubsectionCharitable Organization
Ruling Date02/2005
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$100,000 to $499,999
Income$1 to $9,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$9,553
Amount of Income$50,100
Form 990 Revenue Amount$50,100
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Economic Development


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Amount of income in 2011: $50,100 (it was $15,318 in 2010)
This organization: 

 $50,100
Other organizations performing similar types of work: 

 $152,071

Assets in 2011: $9,553 (it was $11,224 in 2010)
This organization: 

 $9,553
Other organizations performing similar types of work: 

 $145,197

Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$50,100
Contributions, gifts, grants, and similar amounts received$100
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$50,000
Total expenses$1,771
Total net assets$9,553
Excess for the year$48,329
Net assets or fund balances at beginning of year$-38,776
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$9,553
Total liabilities$0
Net assets or fund balances$9,553
Other Information (for 2011)
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 2011)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$143,479
Gifts, grants, contributions, and membership fees received$87,425
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$54,660
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
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 and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$1,394
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Metropolitan Entertainment & Convention Authority455 N 10th St, Omaha, NE 68102-1151NE1997-12$42,811,850
2Structured Employment Economic Development Corporation915 Broadway Fl 17, New York, NY 10010-7116NY1977-01$36,186,581
3Columbus Downtown Development Corporation150 S Front St Ste 210, Columbus, OH 43215-7105OH2002-10$15,371,865
4Delaware River Waterfront Corporation121 N Columbus Blvd, Philadelphia, PA 19106-1403PA2009-10$12,707,512
5Dubuque Initiatives1398 Central Ave, Dubuque, IA 52001-5021IA1985-04$11,715,621
6Lubbock Economic Development Alliance Inc1500 Broadway 6th Floor, Lubbock, TX 79401-3117TX2005-01$8,787,700
7Seedco Financial Services Inc915 Broadway Fl 17, New York, NY 10010-7116NY2005-12$8,556,236
8Market Lubbock Economic Development Corporation1500 Broadway 6th Floor, Lubbock, TX 79401-3117TX1999-04$7,126,923
9Luther Forest Technology Campus Economic Development Corporation28 Clinton Street, Saratoga Springs, NY 12866-2143NY2006-04$4,276,433
10Community Improvement Corporation Of Springfield & Clark County Ohio20 S Limestone St Ste 100, Springfield, OH 45502-2221OH2010-02$4,087,736
11Longview Economic Development Corporation410 N Center St, Longview, TX 75601-6403TX1993-03$3,804,055
12Montana Technology Enterprise Center1121 East Broadway, Missoula, MT 59802-4906MT2001-09$3,503,047
13Genesee Gateway Local Development Corporation99 Med Tech Dr Ste 106, Batavia, NY 14020-9712NY2005-12$3,260,176
14Haven Economic Development Inc16105 Ne 18th Ave, Miami, FL 33162-4749FL1998-09$3,230,150
15Lehigh Valley Economic Development Corporation2158 Avenue C Ste 200, Bethlehem, PA 18017-2148PA2001-10$2,809,067
16Kct Intermodal Transportation Corporation4501 Kansas Ave, Kansas City, KS 66106-1124KS2001-08$2,671,969
17Davenport One130 W 2nd St, Davenport, IA 52801-1803IA2001-06$2,599,068
18Hedco Inc15 Lewis St, Hartford, CT 06103-2502CT2001-09$2,132,356
19Phelps County Development Corporation502 East Avenue Suite 201, Holdrege, NE 68949-2217NE1999-03$626,507
20Medicine Valley Economic Development IncPO BOX 437, Curtis, NE 69025-0437NE2002-08$6,246
21Development Corporation Of North Platte502 S Dewey St, North Platte, NE 69101-5517NE1974-10$620,138
22Keith County Area Development IncPO BOX 418, Ogallala, NE 69153-0418NE2002-05$227,546
23Gateway Development Corporation1301 Harney St, Omaha, NE 68102-1832NE1991-11$226,757
24Nebraska City Area Economic Development Corporation123 S 8th St Ste 7, Nebraska City, NE 68410-2463NE2001-02$135,294
25Nebraska Northwest Development Corporation706 W 3rd St, Chadron, NE 69337-2297NE1992-05$102,923
26Greater Lincoln Chamber Foundation1135 M Street Ste 200, Lincoln, NE 68508-2196NE1998-04$87,577
27Cass County Nebraska Economic Development Council918 Washington Ave, Plattsmouth, NE 68048-1146NE2003-12$83,609
28Collateral Guarantee Fund Inc1313 Cuming Street, Omaha, NE 68102-4422NE2005-02$50,100
29Butler County Development Board Inc457 D St, David City, NE 68632-1632NE2000-12$30,783
30Bassett Development CorporationPO BOX 548, Bassett, NE 68714-0548NE2006-09$27,595
Number of organizations performing similar types of work
Alaska21
Alabama54
Arkansas25
Arizona31
California261
Colorado37
Connecticut34
District of Columbia26
Delaware6
Florida103
Georgia58
Hawaii25
Iowa53
Idaho11
Illinois91
Indiana71
Kansas41
Kentucky44
Louisiana61
Massachusetts41
Maryland40
Maine25
Michigan84
Minnesota44
Missouri82
Mississippi33
Montana31
North Carolina116
North Dakota10
Nebraska29
New Hampshire22
New Jersey49
New Mexico37
Nevada13
New York189
Ohio130
Oklahoma36
Oregon40
Pennsylvania158
Rhode Island5
South Carolina55
South Dakota31
Tennessee49
Texas152
Utah16
Virginia56
Vermont15
Washington43
Wisconsin56
West Virginia33
Wyoming15
International9
Total2,797

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