Home Builders Association Of Southern Indiana Inc, operating under the name Building & Development Association, is located in New Albany, IN. The organization was established in 1958. 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. Building & Development 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, Building & Development Association generated $247.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $192.7k during the year ending 12/2021. 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
THE ORGANIZATION IS A LOCAL NON-PROFIT MEMBERSHIP ASSOCIATION DEDICATED TO SERVICNG THE HOUSING INDUSTRY BY ADVANCING PROFESSIONAL GROWTH AND PROVIDING QUALITY, AFFORDABLE HOUSING FOR OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCE THE PARADE OF HOMES WHERE POTENTIAL HOME BUYERS MAY TOUR NEW HOMES AS A RESOURCE TO DETERMINE THE TYPE OF HOME THEY CAN PURCHASE AND TALK WITH VARIOUS BUILDERS.
GENERAL MEMBERSHIP MEETINGS TO BRING BUILDER MEMBERS AND ASSOCIATE MEMBERS TOGETHER TO CREATE A PLACE WHERE BUSINESS CAN BE CONDUCTED EASILY.
ASSIST THE COMMUNITY TO ENHANCE THE AREA AS A DESTINTATION FOR NEW HOME BUYERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christian Evans CEO | Officer | 40 | $65,743 |
Mark Milliner Associate Vice Chair | OfficerTrustee | 1 | $0 |
Ryan Hodskins Vice-Chariman | OfficerTrustee | 1 | $0 |
Jason Sams Chairman | OfficerTrustee | 1 | $0 |
Garett Smith Treasurer/secretary | OfficerTrustee | 1 | $0 |
Brad Weddington Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $124,412 |
Fundraising events | $16,611 |
Related organizations | $0 |
Government grants | $14,664 |
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 | $155,687 |
Total Program Service Revenue | $84,582 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$1,125 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $247,071 |
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. | $65,743 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,029 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,593 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $11,881 |
Office expenses | $7,316 |
Information technology | $1,225 |
Royalties | $0 |
Occupancy | $10,293 |
Travel | $4,830 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $80 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,841 |
Insurance | $3,927 |
All other expenses | $0 |
Total functional expenses | $192,701 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $99,009 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $99,009 |
Accounts payable and accrued expenses | $9,123 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $9,123 |
Net assets without donor restrictions | $89,886 |
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 | $99,009 |
Organization Name | Assets | Revenue |
---|---|---|
Apple Canyon Lake Property Owners Association Apple River, IL | $10,186,851 | $3,960,232 |
820 W Belle Plaine Cooperative Chicago, IL | $8,052,333 | $2,389,201 |
Building Owners And Managers Association Of Chicago Chicago, IL | $1,459,387 | $2,903,504 |
Lake Holiday Property Owners Association Inc Somonauk, IL | $7,075,550 | $2,253,751 |
Carr Square Tenant Corporation Saint Louis, MO | $3,519,634 | $1,262,069 |
Csl Community Association Inc North Vernon, IN | $4,686,607 | $1,182,975 |
Lake Winnebago Home Owners Association Lake Winnebago, MO | $7,105,548 | $1,164,558 |
William E English Foundation Indianapolis, IN | $7,061,359 | $1,037,570 |
Home Builders Association Of Kentucky Inc Frankfort, KY | $2,651,419 | $1,095,871 |
Deliverance Manor Housing Corporation Homewood, IL | $2,120,469 | $901,172 |
Prairie Stone Property Owners Association Hoffman Estates, IL | $186,635 | $871,721 |
Terre Haute Housing Authority Development Corp Terre Haute, IN | $4,462,492 | $1,044,101 |