Home Builders Association Of Western Kentucky Inc is located in Paducah, KY. The organization was established in 1984. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants 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 Western Kentucky 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 12/2021, Home Builders Association Of Western Kentucky Inc generated $101.6k 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 (8.4%) each year. All expenses for the organization totaled $89.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.5%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE HOME BUILDERS WITH TRAINING AND SKILLS TO DEAL WITH GOVERNMENT REQUIRED BUILDING CODES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jerie Duong Executive Dir. | 24 | $12,047 | |
Steve Mills President | 5 | $0 | |
Scott Walker Vice President | 5 | $0 | |
Russ Flynn Director | 5 | $0 | |
Phil Franklin Director | 5 | $0 | |
Robert Green Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $13,921 |
Membership dues | $87,713 |
Investment income | $8 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $101,642 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $44,725 |
Salaries, other compensation, and employee benefits | $14,018 |
Professional fees and other payments to independent contractors | $3,422 |
Occupancy, rent, utilities, and maintenance | $8,266 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $19,486 |
Total expenses | $89,917 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $63,076 |
Other assets | $0 |
Total assets | $231,300 |
Total liabilities | $388 |
Net assets or fund balances | $230,912 |
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