THE HOME CLUB INC: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: THE HOME CLUB INC (EIN 45-3596146)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-04-19
IRS object ID: 201831099349101418
Schema version: 2017v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Other Expenses Schedule
Substantial Contributors Sch

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-04-19T15:03:30-04:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	570927046	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CAREY & COMPANY PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	70 MAIN STREET SUITE 100	AddressLine1Txt
City	HILTON HEAD ISLAND	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29926	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	453596146	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JOSEPH'S EXCHANGE INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	JOSE	BusinessNameControlTxt
Phone	7049069780	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5517 SUNNINGDALE DRIVE	AddressLine1Txt
City	CHARLOTTE	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	28277	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	W DIRK JOHNSTON	PersonNm
Person Title	CHAIRMAN	PersonTitleTxt
Phone	7049069780	PhoneNum
Signature	2018-04-14	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	PATRICK P CAREY JR CPA	PreparerPersonNm
PTIN	P00033247	PTIN
Phone	8436814430	PhoneNum
Preparation	2018-04-19	PreparationDt

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Initial Return Former Pub Chrty	Yes (X)	InitialReturnFormerPubChrtyInd
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$136,744	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$155,500	ContriRcvdRevAndExpnssAmt
Total Rev And Expnss	$155,500	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Other Expenses Rev And Expnss	$24,724	OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl	$24,722	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$24,724	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$24,722	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$121,899	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$121,899	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$146,623	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$146,621	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$8,877	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$27,217	CashBOYAmt
Cash EOY	$136,744	CashEOYAmt
Cash EOYFMV	$136,744	CashEOYFMVAmt
Land BOY	$100,650	LandBOYAmt
Total Assets BOY	$127,867	TotalAssetsBOYAmt
Total Assets EOY	$136,744	TotalAssetsEOYAmt
Total Assets EOYFMV	$136,744	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Retained Earning BOY	$127,867	RetainedEarningBOYAmt
Retained Earning EOY	$136,744	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$127,867	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$136,744	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$127,867	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$136,744	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$127,867	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$8,877	ExcessRevenueOverExpensesAmt
Subtotal	$136,744	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$136,744	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	NC	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	Yes (true)	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	W DIRK JOHNSTON	IndividualWithBooksNm
Phone	7049069780	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	5517 SUNNINGDALE DRIVE	AddressLine1Txt
City	CHARLOTTE	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	28277	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	Yes (true)	ForeignAccountsQuestionInd
Foreign Country	HA	ForeignCountryCd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt	Address Line2USAddress/AddressLine2Txt
MARY D FAISON
2100 STONEBRIDGE LANE	CHARLOTTE	NC	28211	DIRECTOR	1.00	$0	$0	$0
W DIRK JOHNSTON
5517 SUNNINGDALE DRIVE	CHARLOTTE	NC	28277	CHAIRMAN	1.00	$0	$0	$0
DICK KLINGMAN
1020 GRANVILLE ROAD	CHARLOTTE	NC	28207	TREASURER	1.00	$0	$0	$0
LUIGUY MASSANGA
2151 HAWKINS ST	CHARLOTTE	NC	28203	SECRETARY	1.00	$0	$0	$0	SUITE 301
TERRY SHOOK
2151 HAWKINS ST	CHARLOTTE	NC	28203	DIRECTOR	1.00	$0	$0	$0	SUITE 400
MICHAEL DUNNING
2151 HAWKINS ST	CHARLOTTE	NC	28203	DIRECTOR	1.00	$0	$0	$0	SUITE 400
SANDRA J GORDON
215 N PINE ST	CHARLOTTE	NC	28202	DIRECTOR	1.00	$0	$0	$0	UNIT 1808

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	THE MISSION OF JOSEPH'S EXCHANGE IS TO PROVIDE AND SUPPORT CHARITABLE AND EDUCATIONAL CHRISTIAN MINISTRY SUPPORTING AND EQUIPPING PARENTS AND FAMILIES.	Description1Txt
Expenses1	$105,784	Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$0	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$0	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$0	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$0	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$0	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$146,621	ExpensesAndContributionsAmt
Qualifying Distributions	$146,621	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$146,621	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt
Qualifying Distributions	$146,621	QualifyingDistributionsAmt
Remaining Distri From Corpus	$146,621	RemainingDistriFromCorpusAmt
Total Corpus	$146,621	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$146,621	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$146,621	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	MARY D FAISON	ContributingManagerNm
Contributing Manager	DIRK AND SHARON JOHNSTON	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	CountryRecipientForeignAddress/CountryCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd
HAITI MISSION SERVICES
DELMAS 9 11	PORTAUPINCE	HA	N/A	NC	TO BUILD EDUCATIONAL FACILITY	$105,784
HOPE WAY FOUNDATION
			N/C	PC	MENTAL HEALTH SERVICES	$10,965	1614 HERTFORD ROAD	CHARLOTTE	NC	282072108
NEXUS URBAN SERVE
				PC	GENERAL MINISTRY ACTIVITIES	$5,000	PO BOX 32454	CHARLOTTE	NC	28232
(no name)
						$150

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$121,899	TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd
DIRK AND SHARON JOHNSTON
1	5517 SUNNINGDALE DRIVE	CHARLOTTE	NC	28277	$25,000	Yes (X)
MARY D FAISON
2	2100 STONEBRIDGE LANE	CHARLOTTE	NC	28211	$130,000	Yes (X)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
INSURANCE	$889	$889
BANK FEES	$186	$184
WEBSITE EXPENSE	$300	$300
STUDENT EXPENSE	$23,110	$23,110
DONATION FEES	$239	$239

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd
MARY D FAISON
2100 STONEBRIDGE LANE	CHARLOTTE	NC	28211
DIRK AND SHARON JOHNSTON
5517 SUNNINGDALE DRIVE	CHARLOTTE	NC	28277

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