Form 990 for tax year 2022
Filed by AMERICAN HOME FURNISHINGS HALL OF FAME FOUNDATION INC.
Totals
- Total revenue
- $5,085,011
- Total expenses
- $1,552,555
- Contributions and grants received
- $4,769,497
- Grants paid
- $0
- Program service revenue
- $267,108
- Investment income
- $10,004
- Other revenue
- $38,402
- Total assets, end of year
- $9,353,556
- Total liabilities, end of year
- $1,721,130
- Net assets or fund balances, end of year
- $7,632,426
- Program services expenses (Part IX)
- $1,219,045
- Management and general expenses
- $314,617
- Fundraising expenses
- $18,893
- Program service expenses (Part III)
- $1,219,045
Program services were 78.5% 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
$121,850
-
1e · Government grants (contributions)
$68,420
-
1f · All other contributions, gifts and grants
$4,579,227
-
2a · Program service revenue: LEADERSHIP INCOME
total $150,000 · related or exempt $150,000
-
2b · Program service revenue: BANQUET INCOME
total $117,050 · related or exempt $117,050
-
2c · Program service revenue: BOOK SALES
total $58 · related or exempt $58
-
3 · Investment income
total $10,004 · excluded $10,004
-
11a · Other revenue: TAX REFUNDS
total $38,402 · related or exempt $38,402
-
11e · Other revenue, total
$38,402
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $108,384 · program services $80,204 · management and general $28,180
-
7 · Other salaries and wages
total $358,681 · program services $265,424 · management and general $93,257
-
10 · Payroll taxes
total $36,411 · program services $26,944 · management and general $9,467
-
11c · Fees: accounting
total $30,067 · management and general $30,067
-
11g · Fees: other
total $1,469 · program services $1,087 · management and general $382
-
13 · Office expenses
total $30,816 · program services $22,804 · management and general $8,012
-
17 · Travel
total $10,034 · program services $10,034
-
19 · Conferences, conventions and meetings
total $11,818 · program services $8,745 · management and general $3,073
-
22 · Depreciation, depletion and amortization
total $640 · management and general $640
-
23 · Insurance
total $6,218 · management and general $6,218
-
24a · Other expenses: BANQUET EXPENSES
total $490,273 · program services $490,273
-
24b · Other expenses: PROPERTIES LLC EXPENSES
total $133,863 · management and general $114,970 · fundraising $18,893
-
24c · Other expenses: LEADERSHIP INSTITUTE EX
total $127,045 · program services $127,045
-
24d · Other expenses: LEASE/UTILITIES/SECURIT
total $97,388 · program services $97,388
-
24e · All other expenses
total $109,448 · program services $89,097 · management and general $20,351
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,859,889 · end of year $1,167,537
-
9 · Prepaid expenses and deferred charges
end of year $58
-
10a · Land, buildings and equipment: cost or other basis
$8,026,677
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $3,034,398 · end of year $8,026,677
-
12 · Investments: other securities
beginning of year $177,848 · end of year $158,324
-
14 · Intangible assets
beginning of year $1,600 · end of year $960
-
23 · Secured mortgages and notes payable
beginning of year $1,949,980 · end of year $1,721,130
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $4,123,755 · end of year $7,632,426
Mission and programs · 2022
Mission
FOUNDED IN 1988, THE AMERICAN HOME FURNISHINGS HALL OF FAME FOUNDATION, INC., IS AN INTERNATIONAL, INDUSTRY-WIDE ORGANIZATION FOUNDED TO PRESERVE THE HOME FURNISHINGS HISTORY, AND TO CELEBRATE EXCEPTIONAL INDIVIDUALS WHO HAVE MADE EXTRAORDINARY CONTRIBUTIONS TO THE U.S. HOME FURNISHINGS INDUSTRY.
Activities or mission (Part I)
FOUNDED IN 1988, THE AMERICAN HOME FURNISHINGS HALL OF FAME FOUNDATION, INC., IS AN INDUSTRY-WIDE ORGANIZATION FOUNDED TO PRESERVE THE HOME FURNISHINGS HISTORY, CELEBRATE EXCEPTIONAL INDIVIDUALS WHO HAVE MADE EXTRAORDINARY CONTRIBUTIONS TO THE U.S. HOME FURNISHINGS INDUSTRY, AND TO INSPIRE A NEW CLASS OF INNOVATION AND LEADERSHIP.
-
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 $1,219,045 · Revenue $305,510
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David GebhartDAVID GEBHART
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Martin PloyMARTIN PLOY
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Caroline HippleCAROLINE HIPPLE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Scott EckmanSCOTT ECKMAN
FIRST VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Andy BernsteinANDY BERNSTEIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Irv BlumkinIRV BLUMKIN
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
-
Bruce CohenourBRUCE COHENOUR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Patrick CoryPATRICK CORY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Janet GuyJANET GUY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tyson HagaleTYSON HAGALE
SECOND VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Mike HerschelMIKE HERSCHEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Connie LineberryCONNIE LINEBERRY
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
-
Chad SpencerCHAD SPENCER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David SwersDAVID SWERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Randy CoconisRANDY COCONIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Steve RusingSTEVE RUSING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael FausMICHAEL FAUS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Karen M PondKAREN M POND
CEO
- Total calculated
- $108,384
- From this org
- $108,384
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
- 2022
- Filed
- 31 July 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342279349300719
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