Form 990 for tax year 2024
Filed by AMERICAN HOME FURNISHINGS HALL OF FAME FOUNDATION INC.
Totals
- Total revenue
- $2,627,515
- Total expenses
- $2,165,592
- Contributions and grants received
- $2,247,508
- Grants paid
- $0
- Program service revenue
- $319,207
- Investment income
- $24,932
- Other revenue
- $35,868
- Total assets, end of year
- $12,336,325
- Total liabilities, end of year
- $2,968,757
- Net assets or fund balances, end of year
- $9,367,568
- Program services expenses (Part IX)
- $1,579,573
- Management and general expenses
- $586,019
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,579,573
Program services were 72.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$118,500
-
1f · All other contributions, gifts and grants
$2,129,008
-
2a · Program service revenue: LEADERSHIP INCOME
total $141,000 · related or exempt $141,000
-
2b · Program service revenue: BANQUET INCOME
total $124,650 · related or exempt $124,650
-
2c · Program service revenue: EVENT INCOME
total $41,261 · related or exempt $41,261
-
2d · Program service revenue: EXHIBIT PROGRAM INCOME
total $12,101 · related or exempt $12,101
-
2e · Program service revenue: BOOK SALES
total $195 · related or exempt $195
-
3 · Investment income
total $24,932 · excluded $24,932
-
11a · Other revenue: EMPLOYEE RETENTION TAX
total $20,000 · related or exempt $20,000
-
11b · Other revenue: TAX REFUNDS
total $15,868 · related or exempt $15,868
-
11e · Other revenue, total
$35,868
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $100,625 · program services $74,463 · management and general $26,162
-
7 · Other salaries and wages
total $340,298 · program services $251,820 · management and general $88,478
-
8 · Pension plan contributions
total $8,576 · program services $6,346 · management and general $2,230
-
9 · Other employee benefits
total $20,745 · program services $15,351 · management and general $5,394
-
10 · Payroll taxes
total $34,915 · program services $25,837 · management and general $9,078
-
11b · Fees: legal
total $7,166 · management and general $7,166
-
11c · Fees: accounting
total $37,644 · management and general $37,644
-
11g · Fees: other
total $72,403 · program services $41,482 · management and general $30,921
-
12 · Advertising and promotion
total $116,385 · program services $86,125 · management and general $30,260
-
13 · Office expenses
total $50,895 · program services $37,662 · management and general $13,233
-
16 · Occupancy
total $99,153 · program services $89,238 · management and general $9,915
-
17 · Travel
total $1,845 · program services $1,845
-
19 · Conferences, conventions and meetings
total $16,577 · program services $12,267 · management and general $4,310
-
20 · Interest
total $181,093 · management and general $181,093
-
22 · Depreciation, depletion and amortization
total $395,893 · program services $290,671 · management and general $105,222
-
23 · Insurance
total $46,400 · program services $34,336 · management and general $12,064
-
24a · Other expenses: BANQUET EXPENSES
total $390,200 · program services $390,200
-
24b · Other expenses: LEADERSHIP INSTITUTE EX
total $139,828 · program services $139,828
-
24c · Other expenses: EVENT MANAGEMENT , CATE
total $54,496 · program services $54,496
-
24d · Other expenses: EXHIBITS , ORAL INTERVI
total $27,606 · program services $27,606
-
24e · All other expenses
total $22,849 · management and general $22,849
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $376,120 · end of year $200,334
-
2 · Savings and temporary cash investments
beginning of year $60,438 · end of year $357,136
-
10a · Land, buildings and equipment: cost or other basis
$12,317,369
-
10b · Land, buildings and equipment: accumulated depreciation
$677,383
-
10c · Land, buildings and equipment, net
beginning of year $11,204,352 · end of year $11,639,986
-
12 · Investments: other securities
beginning of year $175,051 · end of year $138,869
-
14 · Intangible assets
beginning of year $3,094 · end of year $0
-
17 · Accounts payable and accrued expenses
end of year $350
-
23 · Secured mortgages and notes payable
beginning of year $2,913,410 · end of year $2,968,407
-
27 · Net assets without donor restrictions
beginning of year $8,905,645 · end of year $9,367,568
Mission and programs · 2024
Mission
THE AMERICAN HOME FURNISHINGS HALL OF FAME FOUNDATION, INC., IS AN INDUSTRY-WIDE ORGANIZATION FOUNDED TO PRESERVE ITS HISTORY, TO CELEBRATE EXCEPTIONAL INDIVIDUALS WHO HAVE MADE EXTRAORDINARY CONTRIBUTIONS TO THE U.S. HOME FURNISHINGS INDUSTRY, TO INSPIRE THE NEXT GENERATION OF INNOVATIVE LEADERS AND TO ENGAGE THE COMMUNITY WITH THE WORLD OF HOME FURNISHINGS.
-
TO HONOR THOSE INDIVIDUALS WHOSE OUTSTANDING ACHIEVEMENTS HAVE CONTRIBUTED TO THE CONTINUED GROWTH AND DEVELOPMENT OF THE INDUSTRY AND TO RESEARCH, COLLECT AND PRESERVE ITS CULTURAL, ECONOMIC AND ARTISTIC HISTORY.
Expenses $1,579,573 · Revenue $355,075
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David GebhartDAVID GEBHART
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Gat CapertonGAT CAPERTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey ChildJEFFREY CHILD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Janet GuyJANET GUY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tyson HagaleTYSON HAGALE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Amir LoloiAMIR LOLOI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark PhillipsMARK PHILLIPS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Randy CoconisRANDY COCONIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Karen M PondKAREN M POND
CHAIRMAN
- Total calculated
- $103,644
- From this org
- $100,625
- From related orgs
- $0
- Other
- $3,019
- Hours/week
- 40
-
Steve RusingSTEVE RUSING
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Michael FausMICHAEL FAUS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Satya TiwariSATYA TIWARI
FIRST VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jeremy HoffJEREMY HOFF
SECOND VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Hunter BroyhillHUNTER BROYHILL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Derick S CloseDERICK S CLOSE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Neil GoldbergNEIL GOLDBERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tammy C NagemTAMMY C NAGEM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Laurie TokarzLAURIE TOKARZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Melinda WhittingtonMELINDA WHITTINGTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dorothy BelshawDOROTHY BELSHAW
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Suzi RobertsSUZI ROBERTS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rachel StewartRACHEL STEWART
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 June 2025
- IRS schema version
- 2024v5.1
- Source object
- 202521689349301232
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