Home Builders Association Of Northern Vermont
- Assets
- $71.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- St Albans Bay, VT
- Founding
- 08/1977
- Data as of
- 12/2023
- EIN
- 03-0225913
Organization Overview
Home Builders Association Of Northern Vermont is located in St Albans Bay, VT. The organization was established in 1977. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Home Builders Association Of Northern Vermont employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Builders Association Of Northern Vermont 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 12/2023, Home Builders Association Of Northern Vermont generated $99.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $92.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (15.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, ENHANCE AND MAINTAIN A POSITIVE BUSINESS AND ECONOMIC ENVIRONMENT CONDUCIVE TO THE CONSTRUCTION OF NEW HOUSING AND RENOVATION OF EXISTING HOUSING.
Describe the Organization's Program Activity:
Part 3
ORGANIZE THE ANNUAL VERMONT HOME AND GARDEN SHOW THAT ALLOWS PARTICIPANTS TO SHOWCASE THEIR PRODUCTS AND SERVICES TO THE GENERAL PUBLIC.
PROVIDE SUPPORT AND INFORMATION TO OVER 200 MEMBERS, AND PROMOTE THE BUILDING INDUSTRY TO THE GENERAL PUBLIC.
RECOGNIZE SUPERIOR ACHIEVEMENTS IN RESIDENTIAL AND COMMERCIAL CONSTRUCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dixie O'connor President | 2 | $0 | |
Denis Bourbeau Imm Past Pres | 2 | $0 | |
Lew Castle VP Of Education | 2 | $0 | |
Lisa Campion VP Of Finance | 1 | $0 | |
Katie Frederick Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $44,615 |
| Membership dues | $54,422 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $99,037 |
| 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 | $46,030 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,281 |
| Total expenses | $92,311 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,113 |
| Other assets | $0 |
| Total assets | $71,276 |
| Total liabilities | $40,368 |
| Net assets or fund balances | $30,908 |