Palmer Woods Association in Detroit, Michigan (MI)

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Palmer Woods Association
Employer Identification Number (EIN)380905021
Name of OrganizationPalmer Woods Association
In Care of NameGerald Primak
AddressPo Box 21086, Detroit, MI 48203
Websitehttp://www.palmerwoods.org
ActivitiesOther activity aimed t combating community deterioration
SubsectionSocial Welfare Organization
Ruling Date02/1937
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2009
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$156,831
Amount of Income$175,767
Form 990 Revenue Amount$138,633


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2010201120122013
Total revenue$134,465$104,669$108,800$138,633
Contributions, gifts, grants, and similar amounts received$1,750$0$0$1,450
Program service revenue including government fees and contracts$0$0$0$0
Membership dues and assessments$106,602$90,732$99,993$100,491
Investment income$0$0$503$448
Gain/Loss from sale of assets other than inventory$0$0$0$0
Net income/loss from gaming and fundraising events$15,745$13,937$4,913$32,099
Gross income from gaming$0$0$0$0
Gross income from fundraising events$49,342$46,115$54,550$69,233
Less: direct expenses from gaming and fundraising events$33,597$32,178$49,637$37,134
Gross profit/loss from sales of inventory$0$0$0$0
Other revenue$10,368$0$3,391$4,145
Total expenses$103,177$97,053$95,100$249,031
Total net assets$244,614$252,694$266,394$155,996
Excess/Deficit for the year$31,288$7,616$13,700$-110,398
Net assets or fund balances at beginning of year$213,326$245,078$252,694$266,394
Other changes in net assets or fund balances$0$0$0$0
Net assets or fund balances at end of year$244,614$266,394$155,996
Balance Sheets
2010201120122013
Total assets$244,614$254,988$266,803$156,831
Total liabilities$0$2,294$409$835
Net assets or fund balances$244,614$252,694$266,394$155,996
Other Information
2010201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesYesYesYesYes
Has the organization filed a Form 990-T for the year?YesYesYes
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNo
Amount of political expenditures, direct or indirect$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNo
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?NoNoNo
Total amount involved$0$0$0
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities$0$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?NoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNo
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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