Home Furnishing Representatives Of Michigan Inc in Novi, Michigan (MI)

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Home Furnishing Representatives Of Michigan Inc
Employer Identification Number (EIN)386089426
Name of OrganizationHome Furnishing Representatives Of Michigan Inc
In Care of NameMark Szydlowski
AddressPo Box 152, Novi, MI 48376
ActivitiesAdvertising, Business promotion (chamber of commerce, business league, etc.), Other services or benefits to members or employees
SubsectionBusiness League
Ruling Date08/1949
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$68,749
Amount of Income$-1,389
Form 990 Revenue Amount$-1,389


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Financial snapshot ($)

Revenue for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
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 2012)
Total revenue$9,264
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$2,333
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$6,139
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$1,267
Gross amount from sales of assets other than inventory (Securities / Other)$50,029 / $227
Less: cost or other basis and sales expenses (Securities / Other)$48,989 / $0
Gain or (loss) (Securities / Other)$1,040 / $227
Net loss from fundraising events$-975
Gross income from fundraising events$0
Less: direct expenses$975
Net income from gaming activities$0
Net income from sales of inventory$500
Gross sales of inventory, less returns and allowances$500
Less: cost of goods sold$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$6,996
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$6,996
Balance Sheet (for 2012)
Total assets$71,017
Total liabilities$0
Total net assets or fund balances$71,017
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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