Nonprofit · EIN 38-3567490
GFBC HOUSING & DEVELOPMENT INC
Tax-exempt · DETROIT, MI 48224
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $12,373 | $41,576 | -$29,203 | $99,014 | $26,784 | $72,230 |
| December 31, 2023 | 990 | $16,848 | $34,743 | -$17,895 | $101,433 | $0 | $101,433 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $12,373
- Other revenue
- $12,373
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $41,576
Balance sheet and other
- Total assets, start of year
- $101,433
- Total assets, end of year
- $99,014
- Total liabilities, end of year
- $26,784
- Net assets, end of year
- $72,230
- Land, buildings and equipment
- $79,074
- Net assets without donor restrictions
- $72,230
- Gross receipts
- $12,605
- Employees
- 0
- Year formed
- 2000
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAMUEL IVORY Sr | BOARD MEMBER Trustee or director | 40 | $0 |
| TINISIA BROWN | PRESIDENT Officer | 20 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAMUEL IVORY SR | BOARD MEMBER Trustee or director | 40 | $0 |
| TINISIA BROWN | PRESIDENT Officer | 20 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 24482, DETROIT, MI 48224-0482
- In care of
- % TINISIA BROWN
- Signed the 990
- TINISIA BROWN, PRESIDENT
- Return prepared by
- STAR TAX SOLUTIONS INC
Mission
TO PROVIDE AFFORDABLE HOUSING FOR LOW TO MIDDLE INCOME MICHIGAN RESIDENTS.
Program accomplishments
- PROVIDE AFFORDABLE HOUSING TO LOW AND MIDDLE INCOME MICHIGAN RESIDENTSExpenses $41,576
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 38-3567490
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $99,014
- Income (IRS master file)
- $12,605
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $12,373 | $41,576 | $99,014 | XML |
| 990 | December 2023 | $16,848 | $34,743 | $101,433 | XML |
| 990 | December 2022 | $8,380 | $8,014 | $119,328 | IRS |
| 990 | December 2021 | $0 | $7,979 | $118,962 | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-3567490).
Questions about GFBC HOUSING & DEVELOPMENT INC
- What is the EIN of GFBC HOUSING & DEVELOPMENT INC?
- The employer identification number (EIN) of GFBC HOUSING & DEVELOPMENT INC is 38-3567490.
- Is GFBC HOUSING & DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to GFBC HOUSING & DEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GFBC HOUSING & DEVELOPMENT INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of GFBC HOUSING & DEVELOPMENT INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GFBC HOUSING & DEVELOPMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of GFBC HOUSING & DEVELOPMENT INC?
- The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does GFBC HOUSING & DEVELOPMENT INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $12,373, expenses of $41,576 and total assets of $99,014 at year end.
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