Chris Homes Properties Inc in Atlanta, Georgia (GA)

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Chris Homes Properties Inc
Employer Identification Number (EIN)581431678
Name of OrganizationChris Homes Properties Inc
Address1017 Fayetteville Rd Ste B, Atlanta, GA 30316-2936
ActivitiesTitle holding corporation
SubsectionTitle Holding Corporation
Ruling Date10/1982
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2010
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,450,097
Amount of Income$370,870
Form 990 Revenue Amount$342,742


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Financial snapshot ($)

Revenue for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$252,078
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$315,600
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental loss$-23,669
Gross rents (Real / Personal)$15,450 / $0
Less: rental expenses (Real / Personal)$39,119 / $0
Rental income or (loss) (Real / Personal)$-23,669 / $0
Net loss from sales of assets other than inventory$-53,852
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $600
Less: cost or other basis and sales expenses (Securities / Other)$0 / $54,441
Gain or (loss) (Securities / Other)$0 / $-53,841
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$13,988
Other$11
Statement of Functional Expenses (for 2011)
Total functional expenses$356,641
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$356,641
Balance Sheet (for 2011)
Total assets$1,289,960
Total liabilities$943,472
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$818,643
Unsecured notes and loans payable to unrelated third parties$0
Other$124,829
Total net assets or fund balances$346,488
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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