Asset Systems Inc in Portland, Oregon (OR)

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Asset Systems Inc
Employer Identification Number (EIN)930959411
Name of OrganizationAsset Systems Inc
AddressPO BOX 14949, Portland, OR 97293-0949
ActivitiesCooperative hospital service organization
SubsectionCharitable Organization
Ruling Date04/1990
DeductibilityContributions are deductible
FoundationHospital or medical research organization
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1,000,000 to $4,999,999
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,273,048
Amount of Income$5,542,404
Form 990 Revenue Amount$5,542,404
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Hospital, General

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Amount of income in 2012: $5,542,404 (it was $5,519,800 in 2011)
This organization: 

Other organizations performing similar types of work: 


Assets in 2012: $2,273,048 (it was $2,037,277 in 2011)
Asset Systems Inc: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

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$5,519,800
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$5,515,837
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$3,963
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$4,524,587
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$1,553,904
Payroll taxes$159,175
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$2,037,277
Total liabilities$1,493,489
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
Total net assets or fund balances$543,788
Retained earnings, endowment, accumulated income, or other funds$542,738
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Providence Health Services Inc, United States Catholic Conference1150 Varnum St Ne, Washington, DC 20017-2104DC1946-03$34,868,692
2Asset Systems IncPO BOX 14949, Portland, OR 97293-0949OR1990-04$5,542,404
3Durham Asset Management Company Incorporated324 Blackwell St, Durham, NC 27701-3658NC1994-03$4,881,223
4Franklin Community Health Network111 Franklin Health Cmns, Farmington, ME 04938-6144ME1991-10$3,263,233
5Combined Coordinating Council IncInc 14 Penn Plaza Ste 720, New York, NY 10122NY1986-12$2,895,352
6Hap Eduaction And Research Services4750 Lindle Rd, Harrisburg, PA 17111-2428PA1970-12$518,294
Number of organizations performing similar types of work
District of Columbia1
North Carolina1
New York1
Total10 is not associated with, endorsed by, or sponsored by Asset Systems Inc and has no official or unofficial affiliation with Asset Systems Inc