Homestead Ownership Inc in Griffin, Georgia (GA)

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Homestead Ownership Inc
Employer Identification Number (EIN)262521066
Name of OrganizationHomestead Ownership Inc
In Care of NameHarvey Pilkenton
Address357 Odell Rd, Griffin, GA 30224-3926
SubsectionCharitable Organization
Ruling Date05/2014
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$4,707
Amount of Income$30,600
Form 990 Revenue Amount$30,600
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Housing Support Services - Other


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Financial snapshot for 2013 ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$30,600
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$30,600
Membership dues and assessments$0
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$28,223
Total net assets$4,707
Excess/Deficit for the year$2,377
Net assets or fund balances at beginning of year$2,330
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$4,707
Balance Sheets
2013
Total assets$4,707
Total liabilities$0
Net assets or fund balances$4,707
Other Information
2013
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?No
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?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
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