Midnet Inc in Lincoln, Nebraska (NE)

Table of contents:

Organization representatives - add corrected or new information about Midnet Inc »

Non-representatives - add comments about Midnet Inc»

Midnet Inc
Employer Identification Number (EIN)470760629
Name of OrganizationMidnet Inc
AddressPO BOX 22813, Lincoln, NE 68542-2813
ActivitiesDescribed in section 509(a)(2) of the Code, Other instruction and training
SubsectionCharitable Organization
Ruling Date03/1994
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 - Not required to file (all other) (990-PF required)
Asset Amount$70,825
Amount of Income$42,749
Form 990 Revenue Amount$666


Non-representatives - add comments:


CAPTCHA

Your IP address 54.242.85.89 will be logged.

Financial snapshot ($)

Revenue for 2012

Assets for 2012

Analysis of Revenue and Expenses (for 2012)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$666$1,840$1,840
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$2
Dividends and interest from securities$1,696
Gross rents$0
Gross profit from sales of goods$0
Other income$142
Total expenses and disbursements$47,860$10,593$0$37,267
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$47,860$10,593$37,267
Contributions, gifts, grants paid$0
Excess of revenue over expenses and disbursements$-47,194
Net investment income$0
Adjusted net income$1,840
Balance Sheets (for 2012)
Book ValueFair Market Value
Total assets$70,825$80,063
Cash - non-interest-bearing$4,046
Investments-U.S. and state government obligations$0
Investments-corporate stock$0
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$66,779
Total liabilities$0
Total liabilities and net assets/fund balances$70,825
Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income$0
Net capital loss$-1,174
Excise Tax Based on Investment Income (for 2012)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$0
Total credits and payments$0
Any penalty for underpayment of estimated tax$0
Tax due$0
Amount to be credited to 2013 estimated tax$0
Statements Regarding Activities (for 2012)
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?No
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2012)
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?No
Agree to pay money or property to a government official?No
At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012?No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?No
Provide a grant to an individual for travel, study, or other similar purposes?No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?No
Minimum Investment Return (for 2012)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$99,192
Net value of noncharitable-use assets$97,700
Minimum investment return$4,885
Distributable Amount (for 2012)
Distributable amount$0
Undistributed Income (for 2012)
Distributable amount for 2012$0
Undistributed income for 2012. This amount must be distributed in 2013$0
Private Operating Foundations (for 2012)
2012201120102009Total
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Other organizations in Nebraska
IdNameAddressStateEstablishedTotal Income
1Mid Nebraska Lutheran Home Assn109 N 2nd St, Newman Grove, NE 68758-6017NE1962-08$2,802,046
2Mid Plains Technical Community College Area Foundation601 W State Farm Rd, N Platte, NE 69101-9420NE1987-09$399,442
3Mid-America Woodcarvers AssociationPO BOX 521, Gretna, NE 68028-0521NE1992-07$94,859
4Mid-Nebraska Community Center IncPO BOX 1926, Kearney, NE 68848-1926NE2001-04$1
5Mid-Nebraska Foundation Inc216 N Denver Ave, Hastings, NE 68901-5138NE1993-09$428,665
6Mid-Nebraska Individual Services Inc216 N Denver Ave, Hastings, NE 68901-5138NE1971-02$13,333,918
7Mid-Plains Center For Behavorial Healthcare Services IncPO BOX 1763, Grand Island, NE 68802-1763NE1997-08$4,916,081
8Mid-Plains United Way IncPO BOX 172, North Platte, NE 69103-0172NE1983-05$240,281
9Midamerica Boston Terrier Rescue14826 Spaulding St, Omaha, NE 68116-1423NE2005-12$133,735
10Midland Area Agency On Aging2727 W 2nd Street 440, Hastings, NE 68901-4684NE1989-05$3,622,986
11Midlands Community Foundation945 N Adams St Ste 7, Papillion, NE 68046-3111NE1977-05$2,636,152
12Midlands Diabetes Education &, Diabetes Education Center Midlands2910 S 84th St, Omaha, NE 68124-3213NE1984-09$392,298
13Midlands Latino Community Development Corporation4827 South 24th Street, Omaha, NE 68107NE2007-05$114,080
14Midlands Mentoring Partnership1004 Farnam St Ste 100, Omaha, NE 68102-1842NE2001-11$545,338
15Midlands Venture Forum16924 Frances St Ste 210, Omaha, NE 68130-2357NE2003-09$29,077
16Midnet IncPO BOX 22813, Lincoln, NE 68542-2813NE1994-03$42,749
17Midwest Covenant Home IncPO BOX 367, Stromsburg, NE 68666-0367NE1975-07$4,507,554
18Midwest Dog Rescue Network3318 S 95th Cir, Omaha, NE 68124-2753NE2009-03$53,675
19Midwest Electric Cooperative CorporationPO BOX 970, Grant, NE 69140-0970NE1955-08$24,422,116
20Midwest Finance Association Wittenberg UniversityUniversity Of Nebraska At Kearney, Kearney, NE 68849-0001NE1983-06$131,473
21Midwest Foundaton For Higher Education3800 South 48th Street, Lincoln, NE 68506-4386NE1987-11$2,991,789
22Midwest Geriatrics Inc7915 N 30th St, Omaha, NE 68112-2418NE1990-03$1,339,181
23Midwest Heart ConnectionPO BOX 34777, Omaha, NE 68134-0777NE2005-01$123,198
24Midwest Housing Development Fund Inc13520 California St Ste 250, Omaha, NE 68154-5297NE2005-11$192,377
25Midwest Housing Equity Group Inc13520 California St, Omaha, NE 68154-5254NE1993-11$7,977,476
26Midwest Housing Initiatives Inc8551 Lexington Ave, Lincoln, NE 68505-3076NE2004-03$1,108,045
27Midwest Insulation Contractors Assoc16712 Elm Cir, Omaha, NE 68130-2052NE1971-07$299,727
28Midwest Insulation Contractors Association Of Nebraska Inc16712 Elm Cir, Omaha, NE 68130-2052NE1973-08$22,003
29Midwest Neuroscience Foundation8005 Farnam Dr Ste 305, Omaha, NE 68114-3426NE1999-11$232
30Midwest Pharmacy Residency Conference Inc988485 Nebraska Medical Ctr, Omaha, NE 68198-8485NE1987-12$121,804

faqs.org is not associated with, endorsed by, or sponsored by Midnet Inc and has no official or unofficial affiliation with Midnet Inc