Planned Real Estate Corporation in Ypsilanti, Michigan (MI)

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Planned Real Estate Corporation
Employer Identification Number (EIN)383505090
Name of OrganizationPlanned Real Estate Corporation
In Care of NameLaura E Wilbanks
Address1349 S Huron St, Ypsilanti, MI 48197
SubsectionTitle Holding Corporation
Ruling Date12/2000
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$31,000
Amount of Income$31,000
Form 990 Revenue Amount$31,000
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building:

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Amount of income in 2013: $31,000 (it was $14,900 in 2012)
Planned Real Estate Corporation: 

Other organizations performing similar types of work: 


Assets in 2013: $31,000 (it was $0 in 2012)
Planned Real Estate Corporation: 

Other organizations performing similar types of work: 


Expenses in 2012: $12,915
Planned Real Estate Corporation: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2012: 2.4
This organization: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$-16,100
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Loss from sale of assets other than inventory$-16,100
Gross amount from sale of assets other than inventory$14,900
Less: cost or other basis and sales expenses$31,000
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$12,915
Total net assets$0
Deficit for the year$-29,015
Net assets or fund balances at beginning of year$29,015
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$0
Total liabilities$0
Net assets or fund balances$0
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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Number of organizations performing similar types of work
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Total12 is not associated with, endorsed by, or sponsored by Planned Real Estate Corporation and has no official or unofficial affiliation with Planned Real Estate Corporation