Builders Association Of Elkhart County Inc is located in Elkhart, IN. The organization was established in 1979. 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 12/2022, Builders Association Of Elkhart County Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Builders Association Of Elkhart County 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 12/2022, Builders Association Of Elkhart County Inc generated $271.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $294.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE BUILDERS ASSOCIATION OF ELKHART COUNTY, INC. (THE ASSOCIATION) IS A NOT-FOR-PROFIT TRADE ASSOCIATION THAT IS THE RESPECTED VOICE OF THE PROFESSIONAL BUILDING INDUSTRY. THE ASSOCIATION EDUCATES AND PROMOTES ITS MEMBERS AND THE COMMUNITY. THE ASSOCIATION SEEKS TO BUILD A BETTER ENVIRONMENT AND MEET THE CHANGING NEEDS OF ITS INDUSTRY AND MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER PROGRAMS: THE ASSOCIATION PROVIDES TRAINING, MEMBERSHIP SUPPORT, AND FORUMS FOR MEMBERS TO DEMONSTRATE THEIR PRODUCTS AND SERVICES TO ONE ANOTHER. INFORMATION REGARDING INDUSTRY UPDATES AND TRENDS ARE ALSO MADE AVAILABLE TO MEMBERS.
SCHOLARSHIP PROGRAMS - THE ASSOCIATION PROVIDES ACADEMIC SCHOLARSHIPS FOR QUALIFIED STUDENTS.
PUBLIC PROGRAMS: THE ASSOCIATION ORGANIZES, PROMOTES AND COORDINATES PUBLIC VENUES FOR ITS MEMBERS TO EDUCATE THE PUBLIC ABOUT CURRENT BUILDING TRENDS, TECHNOLOGIES AND RELATED CODES IMPACTING THE CONTRUCTION AND REMODELING INDUSTRY. THESE VENUES CONSIST OF NEW CONSTRUCTION HOME SHOWS AND REMODELING SHOWS.
MISCELLANEOUS PROGRAMS: THE ASSOCIATION PROVIDES MISCELLANEOUS OTHER SERVICES AND SUPPORT FOR THE BUILDING INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bo Leatherman Director | Trustee | 0 | $0 |
Brad Plett Director | Trustee | 0 | $0 |
Jeff Bontrager Director | Trustee | 0 | $0 |
Brian Levan Director | Trustee | 0 | $0 |
Joyce Watkins Director | Trustee | 0 | $0 |
Karen Johnson Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $35,406 |
Fundraising events | $17,128 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $22,213 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $74,747 |
Total Program Service Revenue | $202,400 |
Investment income | $244 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$5,547 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $271,844 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
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. | $51,115 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $19,868 |
Pension plan accruals and contributions | $1,365 |
Other employee benefits | $0 |
Payroll taxes | $5,745 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,469 |
Fees for services: Lobbying | $7,280 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,915 |
Office expenses | $9,180 |
Information technology | $9,821 |
Royalties | $0 |
Occupancy | $25,172 |
Travel | $1,569 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $14,629 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,049 |
Insurance | $1,170 |
All other expenses | $0 |
Total functional expenses | $294,726 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $97,544 |
Savings and temporary cash investments | $73,819 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $25,308 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,075 |
Prepaid expenses and deferred charges | $10,824 |
Net Land, buildings, and equipment | $108,669 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $317,239 |
Accounts payable and accrued expenses | $5,382 |
Grants payable | $0 |
Deferred revenue | $67,720 |
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 | $73,102 |
Net assets without donor restrictions | $224,817 |
Net assets with donor restrictions | $19,320 |
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 | $317,239 |