Meramec Regional Development Corporation

“THE ORGANIZATION DID NOT ENGAGE IN LOBBYING ACTIVITIES OR HAVE A SECTION 501(h) ELECTION IN EFFECT DURING THE TAX YEAR”

“THE ORGANIZATION IS NOT A SCHOOL AS DESCRIBED IN SECTION 170(b)(1)(A)(ii)”

“The organization did not make any transfers to an exempt non-charitable related organization”

“The organization does not have any employees. As a result, the table for highest compensated employees is not applicable”

“The organization does not have any employees”

“The organization does not have an independent contractor who received more than $100,000 of compensation”

“There were no independent contractors that received over $100,000”

“The organization completed a schedule a as required”

“Accounting period: july 1, 2023 through june 30, 2024”

“Checkboxes: initial return”

“Name & address: meramec regional development corporation, 4 industrial drive, saint james, mo 65559”

“EIN: 43-1432024”

“Telephone number: (573) 265-2993”

“Group exemption number: n/a”

“Accounting method: accrual”

“Schedule b is not required”

“WEBSITE: N/A”

“Tax exemption status: 501(c)(3)”

“Form of organization: corporation”

“Determining gross receipts: $49,736”

“No contributions, gifts, grants, and/or similar amounts were received in the fiscal period.”

“Program service revenue: small business administration (sba) certified developmennt company (cdc) fees and escrow fees earned on 504 loan portfolio $49,704”

“There were no membership dues or assessments received in the period”

“Investment income includes $32 of bank interest earned on deposit accounts”

“There were no gains (or losses) from sale of assets in the fiscal period”

“No other cost or other basis or sales expenses from sale of assets - n/a”

“There were no gain or loss from sale of asets other than inventory - n/a”

“There were no gaming or fundraising events - n/a”

“There was no income from gaming - n/a”

“There was no income from fundraising events - n/a”

“There were no direct expenses from gaming or fundraising events - n/a”

“There was no net income from gaiming or fundraising events - n/a”

“There was no sales of inventory or returns and allowance - n/a”

“There was no cost of goods sold - n/a”

“There was no profit or loss from sales of inventory - n/a”

“There were no other revenues received in the period”

“TOTAL REVENUES: $49,736”

“There wer no grants and/or similar amounts paid in the period”

“N/A”

“There were no benefits paid to or for members”

“There were no salaries, other compensation and/or employee benefits paid in this fiscal period”

“Professional fees and other payments to independent contractors: meramec regional development corporation (mrdc) contracts with meramec regional planning commission (mrpc) for staff to market the sba 504 program, package, close and service sba 504 loans in its portfolio. Professional fees for the period totaled $35,865”

“There were no occupancy, rent, utilities and/or maintenance expenses in the fiscal period”

“There were no direct printing, publications, postage and/or shippng exxpenses in the fiscal period”

“Other expenses totaling $14,134 include: audit $4,800, ventures plus license and maintenance fees $7,891 and d&o insurance $1,443”

“TOTAL EXPENSES: $49,999”

“Excess or (deficit) for the year: ($263)”

“Net assets or fund balance at beginning of year: $263”

“There were no other changes in net assets or fund balances not accounted for on line 18”

“Net assets or fund balances at the end of the year: $0”

“Cash at beginnin of year $4,778 and end of year $52,596”

“There are no land and buildings”

“Other assets totaling $7,447 include: accounts receivable $7,009 and prepaid expenses $438”

“Total assets at beginning of year $58,002 and end of year $60,043”

“Total liabilities $60,043 include $59,043 and loan origination deposit fee $1,000”

“Net assets at beginning of year $263 and end of year $0”

“Mrdc has federal certified development company (cdc) status and administers a small business administration (sba) 504 loan program with the purpose of furthering civic projects within the sphere of economic development of central missouri and its environs. Specifically, us code sections 503 and 504 of the small business reinvestment act of 1958. Total program expenses in this effort is $49,999”

“Total program (functional) expenses $49,999”

“Mrdc did not engage in any significant activity not previously reported to the irs”

“No significant changes were made tot he organizing or governing documents”

“LINE 35a: THE ORGANIZATION DID NOT HAVE UNRELATED BUSINESS GROSS INCOME OF $1,000 OR MORE DURING THE YEAR FROM BUSINESS ACTIVITIES”

“LINE 35b: 990-T IS NOT APPLICABLE”

“LINE 35c: THE ORGANIZATION WAS NOT SUBJECT TO SECTION6033(e) NOTICE REPORTING, ETC.”

“The organization did not undergo a liquidation, dissoliution, termination, or significant disposition of net assets during the year”

“There were no political expenditures, direct or indirect”

“Form 1120-pol is not applicable”

“The organization did not borrow from, or make loans to, any officer, director, trustee, or key emploee, no were any such loans made in a prior year”

“Schedule l, part ii is not applicable”

“No initiation fees or capital contributions are included on line 9”

“No gross receipts, included on line 9, are for public use of club facilities”

“THERE WAS NO TAX IMPOSED ON THE 501(c)3 ORGANIZATION DURING THE YEAR UNDER SECTION 4911, 4912 OR 4955”

“The organization did not engage in any section 4958 excess benefit transation during the year or in a prior year”

“There was no tax imposed on organization managers or disqualified persons during the year under sections 4912, 4955 or 4958”

“There was no tax on line 40c - not applicable”

“The organization was not a party to a prohibited tax shelter transaction during the tax year”

“This return is not required to be filed with any state”

“The organization's books are in the care of meramec regional planning commission (mrpc) located at 4 industrial drive, saint james, mo 65559”

“The organization did not have an interest in or a signature or other authority over a financial account in a foreigh country during the calendar year”

“The organization did maintain an office outside the united states at any timne during the calendar year”

“The organization is not a charitable trust form 1041 is not required/applicable”

“The orgainization did not maintain any donor advised funds during the year”

“The organization did not operate any hospital facilities during the year”

“The organization did not receive any payments for indoor training services during the year”

“A form 720 not applicable. Answer to 44c was no”

“THE ORGANIZATION DID NOT HAVE A CONTROLLED ENTITY WITHIN THE MEANING OF SECTION 512(b)(13)”

“LINE 45b: THE ORGANIZATION DID NOT RECEIVE ANY PAYMENT FROM OR ENGAGE IN ANY TRANSACTION WITH A CONTROLLED ENTITY WITHIN THE MEANING OF SECTION 512(b)(13)”

“The organization did not engage, directly or indirectly, in political campaign activities of behalf of or in opposition to candidates for public office”