Ferndale Properties Inc in Detroit, Michigan (MI)
Table of contents:
| Ferndale Properties Inc | |
| Employer Identification Number (EIN) | 201454054 |
| Name of Organization | Ferndale Properties Inc |
| In Care of Name | Jerrold M Bigelman Ex Vice Presid |
| Address | 1901 St Antoine St, Detroit, MI 48226-2310 |
| Subsection | Title Holding Corporation |
| Ruling Date | 12/2004 |
| Deductibility | Contributions are not deductible |
| Foundation | All organizations except 501(c)(3) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 05/2013 |
| Assets | $100,000 to $499,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $155,139 |
| Amount of Income | $9,600 |
| Form 990 Revenue Amount | $9,600 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Real Estate Organizations |
Non-representatives - add comments:
Amount of income in 2013: $9,600 (it was $9,550 in 2012)
| This organization: | $9,600 |
| Other organizations performing similar types of work: | $395,082 |
Assets in 2013: $155,139 (it was $151,132 in 2012)
| Ferndale Properties Inc: | $155,139 |
| Other organizations performing similar types of work: | $1,488,874 |
Expenses in 2013: $5,593
| This organization: | $5,593 |
| Other organizations performing similar types of work: | $72,621 |
Income to expenses ratio in 2013: 1.7
| Ferndale Properties Inc: | 1.7 |
| Other organizations performing similar types of work: | 3.3 |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $10,450 | $9,550 | $9,600 |
| Contributions, gifts, grants, and similar amounts received | $0 | $0 | $0 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $10,450 | $9,550 | $9,600 |
| Total expenses | $5,821 | $7,276 | $5,593 |
| Total net assets | $6,985 | $9,259 | $13,266 |
| Excess/Deficit for the year | $4,629 | $2,274 | $4,007 |
| Net assets or fund balances at beginning of year | $2,356 | $6,985 | $9,259 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $9,259 | $13,266 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $148,858 | $151,132 | $155,139 |
| Total liabilities | $141,873 | $141,873 | $141,873 |
| Net assets or fund balances | $6,985 | $9,259 | $13,266 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | 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 | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $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 | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | Not provided |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Peckham Real Estate Holdings Company Inc | 3510 Capitol City Blvd, Lansing, MI 48906-2102 | MI | 2014-06 | $1,220,812 |
| 2 | Negc Conner Campus Inc | 2900 Conner Bldg A, Detroit, MI 48215-2407 | MI | 2010-08 | $530,004 |
| 3 | Van Buren Cass Community Healthproperties | 8500 Long Rapids Rd, Alpena, MI 49707-9764 | MI | 2008-01 | $228,375 |
| 4 | Wmcf Support Tr, Anderson Billie D Et Al Ttee | 4670 Fulton St E Ste 204, Ada, MI 49301-8409 | MI | 2003-12 | $165,000 |
| 5 | St Christopher Association Inc, Marysville Knights Of Columbus 9526 | 4521 Ravenswood Rd, Kimball, MI 48074-3320 | MI | 2008-02 | $95,382 |
| 6 | Wayne County Sheriffs-Airport Police Local 502 Building Corporat | 34900 Plymouth Rd, Livonia, MI 48150-1423 | MI | 2003-11 | $85,142 |
| 7 | Womens Council Of Realtors, Birmingham Bloomfield Chapter | 3911 Lakewood Dr, Waterford, MI 48329-3954 | MI | 2000-05 | $67,900 |
| 8 | 2173 Holding Company | 2173 Commons Pkwy, Okemos, MI 48864-3987 | MI | 2011-10 | $66,000 |
| 9 | Wmpw Inc | 2554 Burlingame Ave Sw, Wyoming, MI 49509-2238 | MI | 2010-05 | $48,225 |
| 10 | New Bridge Homes Inc | 14 Belleville, Mount Clemens, MI 48043 | MI | 2013-11 | $13,910 |
| 11 | 3300 Plymouth Rd Corp | 3520 Green Ct Ste 300, Ann Arbor, MI 48105-1566 | MI | 2001-01 | $0 |
| 12 | Beyul Inc | 7101 West Liberty Road, Ann Arbor, MI 48103 | MI | 2003-06 | $0 |
| 13 | Citadel Of Praise Holdings Company Inc | 18701 Grand River 166, Detroit, MI 48223-2214 | MI | 2014-01 | $0 |
| 14 | Coleman Masonic Temple Association | Po Box 61, Coleman, MI 48618 | MI | 2011-05 | $0 |
| 15 | Detroit Bundle Group | 15400 Grand River Ave, Detroit, MI 48227-4124 | MI | 2015-02 | $0 |
| 16 | Dr Martin Z And Ruth C Feldstein Title Holding Company | 6735 Telegraph Rd, Bloomfield, MI 48301-3141 | MI | 2000-02 | $0 |
| 17 | Eight Mile Boulevard Association Title Holding Company | 1321 W 8 Mile Rd, Detroit, MI 48203-1021 | MI | 2010-06 | $0 |
| 18 | Elks Temple Company Inc | PO BOX 542, Benton Harbor, MI 49023-0542 | MI | 2001-02 | $0 |
| 19 | Evergreen Masonic Building Association | 958 North Riverside, Saint Clair, MI 48079 | MI | 2000-10 | $0 |
| 20 | Fowler Kc Council Building Corp | 219 N Main, Fowler, MI 48835 | MI | 2008-11 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 2,068 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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