International Home Furnishings Representatives Association

Organization Overview

International Home Furnishings Representatives Association, operating under the name Representative Association, is located in High Point, NC. The organization was established in 1963. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Representative Association employed 3 individuals. This organization is the central organization for a national or regional group of organizations. Representative Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Representative Association generated $394.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $312.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SERVICES AND SUPPORT TO INDEPENDENT FURNITURE REPRESENTATIVES

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPPORTUNITY NEWS: MEMBERS RECEIVE NOTICE OF JOB OPPORTUNITIES WITH MANUFACTURERS.


REBATES/DISCOUNTS RECEIVED BY MEMBERS FOR USING VENDORS/SUPPLIERS RECOMMENDED BY THE ORGANIZATION. THE ORGANIZATION NEGOTIATES DISCOUNTED PRICES FOR OFFICES SUPPLIES, HOTELS AND OTHER EXPENSES OF ITS MEMBERS.


LEGAL ADVICE. THE ORGANIZATION PAYS A RETAINER TO A LOCAL ATTORNEY WHO WILL PROVIDE LEGAL ADVICE TO FURNITURE SALES REPRESENTATIVES AS NEEDED.


TO PROVIDE SUPPORT TO INDEPENDENT FURNITURE REPRESENTATIVES


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$346,003
Investment income $12,956
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $35,616
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $394,575

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