Hpxd Inc is located in High Point, NC. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hpxd Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HIGH POINT NC IS HOME TO THE HIGH POINT HOME FURNISHINGS MARKET, THE LARGEST FURNISHINGS INDUSTRY TRADE SHOW IN THE WORLD. THE HIGH POINT MARKET IS HISTORICALLY HELD TWICE A YEAR WITH A SPRING AND FALL EVENT AND IS TRADITIONALLY OPEN TO THE HOME FURNISHINGS TRADE ONLY. HPXD INC SEEKS TO REINVENT HIGH POINT, NC AS A YEAR-ROUND HUB OF DESIGN AND CREATIVITY OPEN TO ALL. PRIMARY INITIATIVE OF THE GROUP IS THE REFRAMING OF HIGH POINT FROM A RESTRICTED TRADE TOWN WITH LIMITED OPENING HOURS TO A DYNAMIC YEAR- ROUND DESTINATION FOR ALL WITH PHASED OPENING OF SHOWROOMS. THE ORGANIZATION SEEKS TO REBRAND AND OPEN HIGH POINT AS A YEAR-ROUND HUB OF DESIGN AND CREATIVITY OPEN TO THE TRADE,DESIGN ENTHUSIASTS AND THE COMMUNITY. ACTIVITIES INCLUDE ESTABLISHING AND PROMOTING A PHASED CALENDAR OF EVENTS. THE ORGANIZATION WILL MANAGE EVENT LOGISTICS, MEDIA PROMOTION/COMMUNICATIONS AND ASSESSMENT WITH THE ULTIMATE GOAL OF ESTABLISHING REGULAR OPENING HOURS FOR FLAGSHIP SHOWROOMS. THE ORGANIZATION WILL WORK TO COMMUNICATE A CONSISTENT BRAND STORY ON A SOLID BRAND PLATFORM VIA WEBSITE, SOCIAL MEDIA, EVENT MESSAGING,MEDIA, PRINT COLLATERAL AND PR PLACEMENTS. ACTIVITIES WILL BE DEVOTED TO MEMBERSHIP GROWTH AND FUNDRAISING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Van Dessel Chairman | 0 | $0 | |
John Muldoon Board Member | 0 | $0 | |
Tom Verellen Board Member | 0 | $0 | |
Kathy Devereux Board Member | 0 | $0 | |
Cass Key Board Member | 0 | $0 | |
Jack G Hendrix Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $142,525 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $142,525 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $31,817 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $80,696 |
| Total expenses | $112,513 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $106,012 |
| Other assets | $0 |
| Total assets | $106,012 |
| Total liabilities | $0 |
| Net assets or fund balances | $106,012 |