MADRID BETTERMENT & DONATION ASSOCIATION INC
MADRID,
Iowa,
50156
EIN: 84-2922893
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
The organization was formed to promote philanthropic and charitable activities in the City of Madrid, Iowa. The organization offers charitable assistance to the community.
FORM 1023-EZ for MADRID BETTERMENT & DONATION ASSOCIATION INC
DEMOGRAPHIC
ADDRESS
505 S MAIN ST
50156
COUNTY
boone county, IA
ORGANIZATIONAL OVERVIEW & RANKINGS
MADRID BETTERMENT & DONATION ASSOCIATION INC is a based in MADRID, IA, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Philanthropy, Charity, Voluntarism Promotion, General. Established in September 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,815,682 among 2,656,690 nonprofits nationally (Top 69%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 10,917 out of 40,025 organizations in IA (Top 28%).
In boone county, IA, the organization ranks 209 out of 290 nonprofits by assets (Top 70%), while locally in madrid, it stands at 15 among 59 organizations (Top 15%).
The organization reported no revenue in the most recent filing period, placing it at 783,753 nationally and 11,084 in IA.
Within its specific NTEE classification (T50 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 11,449 similar organizations, MADRID BETTERMENT & DONATION ASSOCIATION INC ranks 3,466 in assets (Top 31%) and 6,346 in revenue (Top 56%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T50: Philanthropy, Charity, Voluntarism Promotion, General
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
12/2019
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2019
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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