Home Builders Association Of Asheboro Randolph County is located in Asheboro, NC. The organization was established in 1987. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Builders Association Of Asheboro Randolph County 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 12/2019, Home Builders Association Of Asheboro Randolph County generated $52.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $52.9k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
PROFESSIONAL EDUCATION AND NETWORKING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim Garris President | 0 | $0 | |
Barrett Lail Vice Preside | 0 | $0 | |
Lisa Ritch Secretary | 0 | $0 | |
Kimberly Farmer Executive Di | 0 | $14,450 | |
Wesley Garner Board Of Dir | 0 | $0 | |
Wesley Garner Board Of Dir | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $40,609 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $3,081 |
Other Revenue | $8,922 |
Total Revenue | $52,612 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $15,607 |
Professional fees and other payments to independent contractors | $29,655 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $7,607 |
Total expenses | $52,869 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $2,502 |
Other assets | $0 |
Total assets | $2,502 |
Total liabilities | $14,964 |
Net assets or fund balances | -$12,462 |