Southern Tier Home Builders Inc
- Assets
- $163.2k
- Revenue
- $88.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Binghamton, NY
- Founding
- 10/1960
- Data as of
- 12/2022
- EIN
- 15-6018860
Organization Overview
Southern Tier Home Builders Inc is located in Binghamton, NY. The organization was established in 1960. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Southern Tier Home Builders Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Tier Home Builders 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.
For the year ending 12/2022, Southern Tier Home Builders Inc generated $88.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $128.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER PROFESSIONALISM THROUGH AN ORGANIZED GROUP OF ETHICAL MEMBERS AND TO PROMOTE AND ENHANCE THE BENEFITS OF HOME OWNERSHIP AND SERVE AS A TRUSTED RESOURCE FOR CONSUMERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE STANDARDS BY WHICH THE HOUSING INDUSTRY IS MEASURED.
THE ORGANIZATION STRIVES TO SET THE STANDARDS BY WHICH THE HOUSING INDUSTRY IS MEASURED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Griffiths Past President | OfficerTrustee | 1 | $0 |
Mary Murphy Harrison President | OfficerTrustee | 1 | $0 |
Kipp Patterson Treasurer | OfficerTrustee | 1 | $0 |
Tony Cauiola Vice President | OfficerTrustee | 1 | $0 |
Walt Barbour Director | Trustee | 1 | $0 |
Patricia Giblin Director | Trustee | 1 | $0 |
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 | $36,715 |
| Investment income | $286 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,431 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $48,684 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $88,116 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $43,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $6,689 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $1,290 |
| Other employee benefits | $218 |
| Payroll taxes | $3,396 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,519 |
| Advertising and promotion | $3,017 |
| Office expenses | $7,419 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,058 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,533 |
| Insurance | $2,902 |
| All other expenses | $0 |
| Total functional expenses | $128,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,120 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $32,837 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $22,217 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $163,174 |
| Accounts payable and accrued expenses | $690 |
| Grants payable | $0 |
| Deferred revenue | $32,708 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $190,000 |
| Other liabilities | $1,693 |
| Total liabilities | $225,091 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$61,917 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $163,174 |