Better Homes Of Laurel Inc in Laurel, Delaware (DE)

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Better Homes Of Laurel Inc
Employer Identification Number (EIN)510157372
Name of OrganizationBetter Homes Of Laurel Inc
In Care of NameANDY HARTSTEIN
AddressP O Box 635, Laurel, DE 19956
ActivitiesLow and moderate income housing
SubsectionCivic League
Ruling Date12/1985
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$25,000 to $99,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$62,828
Amount of Income$5,137
Form 990 Revenue Amount$5,137


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$5,137
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$5,133
Membership dues and assessments$0
Investment income$4
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$3,615
Total net assets$62,402
Excess/Deficit for the year$1,522
Net assets or fund balances at beginning of year$2,514
Other changes in net assets or fund balances$58,366
Net assets or fund balances at end of year$62,402
Balance Sheets
201120122013
Total assets$2,685,960$10,704$62,828
Total liabilities$1,280,277$8,190$426
Net assets or fund balances$62,402
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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