Temple Area Homebuilders Association is located in Temple, TX. The organization was established in 1975. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Temple Area Homebuilders Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Temple Area Homebuilders 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 12/2023, Temple Area Homebuilders Association generated $604.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $428.1k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO COLLABORATE WITH ALL FIELDS RELATED TO THE RESIDENTIAL BUILDING INDUSTRY IN THE TEMPLE AREA FOR THE BENEFIT OF THE INDUSTRY AS A WHOLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION AND PROMOTION OF THE ANNUAL HOME AND GARDEN SHOW WHICH CONSISTS OF MANY BOOTHS AND VENDORS REPRESENTING THE HOME AND GARDEN INDUSTRIES.
ORGANIZATION AND PROMOTION OF THE ANNUAL PARADE OF HOME WHICH ALLOWS BUILDERS, SUPPLIERS, AND SUBCONTRACTORS THE CHANCE TO DISPLAY THEIR WORK TO THE PUBLIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brandon Whatley Past President | OfficerTrustee | 2 | $0 |
Josh Welch President | OfficerTrustee | 2 | $0 |
Megan Kiella Vice-President | OfficerTrustee | 2 | $0 |
Jason Collier Treasurer | OfficerTrustee | 2 | $0 |
Juli Bryan Director | OfficerTrustee | 2 | $0 |
Bj Little Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $158,225 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $124,803 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $283,028 |
Total Program Service Revenue | $116,969 |
Investment income | $12 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $15,900 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $177,241 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $604,458 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $12,000 |
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. | $130,300 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $2,010 |
Other employee benefits | $0 |
Payroll taxes | $10,093 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,718 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $80 |
Advertising and promotion | $2,371 |
Office expenses | $15,199 |
Information technology | $8,311 |
Royalties | $0 |
Occupancy | $47,623 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $29,381 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,238 |
Insurance | $8,723 |
All other expenses | $0 |
Total functional expenses | $428,075 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $117,303 |
Savings and temporary cash investments | $26,659 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $71,455 |
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 | $1,658 |
Net Land, buildings, and equipment | $339,608 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $556,683 |
Accounts payable and accrued expenses | $26,020 |
Grants payable | $0 |
Deferred revenue | $44,020 |
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 | $0 |
Other liabilities | $3,208 |
Total liabilities | $73,248 |
Net assets without donor restrictions | $0 |
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 | $483,435 |
Total liabilities and net assets/fund balances | $556,683 |
Over the last fiscal year, Temple Area Homebuilders Association has awarded $12,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
BELTON INDEPENDENT SCHOOL DISTRICT PURPOSE: EDUCATION | $6,000 |
TEMPLE INDEPENDENT SCHOOL DISTRICT PURPOSE: EDUCATION | $6,000 |