Rochester Home Builders Association
- Assets
- $2.0m
- Revenue
- $318.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Rochester, NY
- Founding
- 03/1986
- Data as of
- 12/2021
- EIN
- 16-0777325
Organization Overview
Rochester Home Builders Association is located in Rochester, NY. The organization was established in 1986. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Rochester Home Builders Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rochester Home Builders 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, Rochester Home Builders Association generated $318.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $339.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND IMPROVE AWARENESS RELATING TO HOME-BUILDING TECHNIQUES AND MATERIALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME AND GARDEN SHOW- SHOWCASING MEMBERS, THIS TRADE SHOW WITH OVER 200 BOOTHS EXHIBITS THE NEWEST PRODUCTS AND SERVICES IN THE CONSTRUCTION AND LANDSCAPING INDUSTRY. THIS EVENT IS OPEN TO THE GENERAL PUBLIC.
HOMEARAMA- SHOWCASING MEMBER BUILDERS VIA SHOWCASE OF NEW HOMES
PROMOTING AND IMPROVING PUBLIC AWARENESS RELATING TO THE HOME-BUILDING INDUSTRY
OTHER RHBA PROGRAMS INCLUDE SEMINARS, TRAINING AND CONFERENCES WHICH INFORM MEMBERS ON THE LATEST DEVELOPMENTS AND TRENDS WITHIN THE HOMEBUILDING INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred A Herman CEO | OfficerTrustee | 40 | $88,773 |
Dawn Aprile Director | Officer | 2 | $0 |
Bruce Boncke Director | Officer | 2 | $0 |
Bruce Gerber Director | Officer | 2 | $0 |
Ron Henkel Director | Officer | 2 | $0 |
Michael Morse Director | Officer | 2 | $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 | $251,754 |
| Investment income | $9,052 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $34,100 |
| Net Gain/Loss on Asset Sales | $23,447 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $318,353 |
| 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. | $75,457 |
| Compensation of current officers, directors, key employees. | $75,457 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,457 |
| Pension plan accruals and contributions | $4,639 |
| Other employee benefits | $0 |
| Payroll taxes | $12,026 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,795 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,018 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,433 |
| Office expenses | $9,472 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,217 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,583 |
| Insurance | $20,797 |
| All other expenses | $16,369 |
| Total functional expenses | $338,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $305,688 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,443 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,402 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $42,159 |
| Net Land, buildings, and equipment | $1,117,873 |
| Investments—publicly traded securities | $517,679 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,275 |
| Other assets | $36,532 |
| Total assets | $2,042,051 |
| Accounts payable and accrued expenses | $32,374 |
| Grants payable | $0 |
| Deferred revenue | $229,555 |
| 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 | $332,436 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $70,000 |
| Total liabilities | $664,365 |
| Net assets without donor restrictions | $1,377,686 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| 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 | $2,042,051 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rochester Home Builders Association has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
N Y S B A Research Education Foundation Inc Castleton, NY PURPOSE: GRANTS FOR PROGRAMS | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Action Committee Of The Lehigh Valley Inc Bethlehem, PA | $24,914,072 | $40,517,893 |
Nyc & Company Inc New York, NY | $15,500,744 | $29,142,880 |
Real Estate Board Of New York Inc New York, NY | $13,608,943 | $14,285,773 |
Philadelphia Convention & Visitors Bureau Of The Chamber Of Commerce Philadelphia, PA | $21,636,489 | $20,955,897 |
The Chamber Of Commerce For Greater Philadelphia Philadelphia, PA | $17,253,411 | $11,743,354 |
United States Council For International Business New York, NY | $8,377,861 | $9,810,410 |
New Jersey Association Of Realtors Trenton, NJ | $35,262,029 | $9,547,353 |
Long Island Board Of Realtors Inc West Babylon, NY | $32,824,680 | $7,922,994 |
German American Chamber Of Commerce Inc New York, NY | $3,820,432 | $6,890,973 |
Buffalo Niagara Convention & Vistors Bureau Inc Buffalo, NY | $3,394,435 | $6,164,269 |
Lake Placid Chamber Of Commerce Inc Lake Placid, NY | $4,857,333 | $6,938,582 |
Economic Development Council Of Western Massachusetts Inc Springfield, MA | $1,229,213 | $5,047,431 |