Albia Community Betterment Corporation is a social welfare organization in Albia, Iowa. Its tax id (EIN) is 42-1097946. It was granted tax-exempt status by IRS in August, 2020. For detailed information such as income and other financial data of Albia Community Betterment Corporation, refer to the following table.
| Organization Name | Albia Community Betterment Corporation |
|---|---|
| Tax Id (EIN) | 42-1097946 |
| Address | 19 Benton Ave E, Albia, IA 52531-2032 |
| In Care of Name | First Iowa State Bank |
| All tax-exempt organizations in zip code 52531 | |
| Tax Period | Asset | Income | Revenue |
|---|---|---|---|
| 0 | $0 | $0 | $0 |
| December, 2020 | $1,181,357 | $47,729 | $5,831 |
| December, 2021 | $1,175,435 | $54,673 | $-4,021 |
| December, 2022 | $1,157,783 | $120,141 | $-15,891 |
| December, 2023 | $1,148,760 | $35,228 | $-7,577 |
| December, 2024 | $1,145,083 | $732 | $732 |
| IRS Exempt Status Ruling Date | August, 2020 |
|---|---|
| Exempt Status | Unconditional Exemption |
| Deductibility | Contributions are not deductible |
| Tax Exempt Classification | Community Improvement, Capacity Building |
| Tax Exempt Activity | Rural Development |
| NTEE Code | S32 |
| Organization's purposes, activities, & operations |
Other housing activities
(note: this activity classification has been replaced by the Tax Exempt Classification shown above since 1995.) |
| Foundation Type | All organizations except 501(c)(3) |
| Organization Type | Association |
| Organization Classification | Social Welfare Organization |
| Affiliation | Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). |
| Primary Return(s) Required to File | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Private Foundation Filing Requirement | No need to 990-PF return |
| Asset Range Reported on Form 990 | $1,000,000 to 4,999,999 |
| Income Range Reported on Form 990 | $1 to 9,999 |
| Accounting Period | 12 |