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INTERNATIONAL MICRO-LOANS OF BUFFALO INC: Form 990EZ, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
INTERNATIONAL MICRO-LOANS OF BUFFALO INC (EIN 46-0925304)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-05-10
IRS object ID
202331309349203133
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-10T15:31:43-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN160929175PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DOPKINS & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 INTERNATIONAL DRAddressLine1Txt
CityBUFFALOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP142215794ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN460925304EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INTERNATIONAL MICRO-LOANS OF BUFFALO INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINTEBusinessNameControlTxt
Phone7165725742PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17931 MATERA COURTAddressLine1Txt
CityBRADENTONCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34202ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT KREPPELPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7165725742PhoneNum
Signature2023-05-05SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstROBERTPersonFirstNm
Person LastKREPPELPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd
Form8822 B AttachedYes (X)Form8822BAttachedInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonERIC R SOROPreparerPersonNm
PTINP01389767PTIN
Phone7166348800PhoneNum
Preparation2023-05-05PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressN/AWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Gross Receipts$23,418GrossReceiptsAmt
Program Service Revenue$23,418ProgramServiceRevenueAmt
Total Revenue$23,418TotalRevenueAmt
Grants And Similar Amounts Paid$23,918GrantsAndSimilarAmountsPaidAmt
Total Expenses$23,918TotalExpensesAmt
Excess Or Deficit For Year-$500ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$2,796NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$2,296NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$2,796BOYAmt
EOY$2,296EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,796BOYAmt
EOY$2,296EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$2,796BOYAmt
EOY$2,296EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeINTERNATIONAL MICROLOANS OF BUFFALO INC. ("IMB") IS A NOT FOR PROFIT CORPORATION FORMED IN NYS AND IS A 501 C 3 ENTITY. IT IS A MICRO LOANS COMPANY, MEANING THAT IT LOANS OUT MONEY TO INDIVIDUALS THAT OPERATE SUBSISTENCE BUSINESSES AROUND THE WORLD. THIS IS DONE THROUGH THE KIVA ORGANIZATION (WWW.KIVA.ORG) AND THEIR WEBSITE. KIVA ORCHESTRATES LOANS FOR PEOPLE AROUND THE WORLD AND IMB IS RUN BY STUDENTS AT ST JOES UNDER MY GUIDANCE AS WELL AS A COUPLE OF FACULTY MEMBERS. IMB HAS DOLLARS THAT HAVE BEEN DEPOSITED AT KIVA AND USES THOSE FUNDS TO "PURCHASE" LOANS AT KIVA. AS THE LOANS ARE REPAID, THERE ARE FUNDS AVAILABLE TO PURCHASE ADDITIONAL LOANS. THE LOANS ARE FAIRLY SHORT TERM (GENERALLY LESS THAN A YEAR) ADDITIONALLY, MONEY IS RAISED, DEPOSITED INTO THE EVANS BANK ACCOUNT, AND THEN SENT TO KIVA FOR MORE LOAN OPPORTUNITIES. NO MONEY WAS RAISED IN CALENDAR 2022. TOTAL AMOUNT OF REVENUE FROM LOAN REPAYMENTS IN 2022: $ 23,418.39 BANK BALANCE 12/31/22 : $2,295.89PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomMADE OVER $23,000 IN GRANTS AND LOANS TO QUALIFIED LOW INCOME RECIPIENTSDescriptionProgramSrvcAccomTxt
Grants And Allocations$23,918GrantsAndAllocationsAmt
Program Service Expenses$23,918ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$23,918TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp

FieldValueIRS element (for citing)
PersonROBERT KREPPELPersonNm
TitlePRESIDENTTitleTxt
Average Hrs Per Wk Devoted To Pos5.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonROBERT KREPPELPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line17931 MATERA COURTAddressLine1Txt
CityBRADENTONCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34202ZIPCd
FieldValueIRS element (for citing)
Phone7165725742PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,926CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,031CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,624CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,944CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$18,525TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,926CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,031CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,624CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,944CurrentTaxYearMinus1YearAmt
Total$18,525TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$18,525PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,926CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,031CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,624CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,944CurrentTaxYearMinus1YearAmt
Total$18,525TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

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