Home Builders Association Of Greater Lansing
- Assets
- $235.7k
- Revenue
- $346.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Lansing, MI
- Founding
- 07/2001
- Data as of
- 12/2021
- EIN
- 38-1552042
Organization Overview
Home Builders Association Of Greater Lansing is located in Lansing, MI. The organization was established in 2001. According to its NTEE Classification (L12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Home Builders Association Of Greater Lansing employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Builders Association Of Greater Lansing 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 Greater Lansing generated $346.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $326.2k 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
ADVANCEMENT OF MEMBERS AND THE BUILDING INDUSTRY THROUGH VARIOUS EDUCATIONAL AND PROMOTIONAL EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION'S PURPOSE WAS ACHIEVED THROUGH EDUCATION OF MEMBERS, LOCAL MEDIA & LEGISLATIVE REPRESENTATION, MEMBER NETWORKING EVENTS, MEMBER & COMMUNITY SERVICES, AND OTHER PUBLIC EVENTS SUCH AS THE PARADE OF HOMES. THE ASSOCAIATION ALSO PUBLISHES A WEB-BASED NEWSLETTER AND ANNUAL MEMBERSHIP DIRECTORY FOR THE BENEFIT OF ITS MEMBERS AND THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Kosloski CEO | Officer | 40 | $91,267 |
Brent Forsberg Immediate Past President | OfficerTrustee | 2 | $0 |
Cam Smith President | OfficerTrustee | 2 | $0 |
Nate Russell 1st Vice President | OfficerTrustee | 2 | $0 |
Don Jessup Treasurer | OfficerTrustee | 2 | $0 |
Steve Elieff Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $181,406 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,102 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $201,508 |
| Total Program Service Revenue | $64,600 |
| Investment income | $3,102 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $11,096 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,110 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $346,621 |
| 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. | $91,267 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,298 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,676 |
| Payroll taxes | $7,635 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,983 |
| Information technology | $7,309 |
| Royalties | $0 |
| Occupancy | $11,788 |
| Travel | $2,959 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,610 |
| Interest | $0 |
| Payments to affiliates | $102,330 |
| Depreciation, depletion, and amortization | $1,510 |
| Insurance | $3,950 |
| All other expenses | $23,235 |
| Total functional expenses | $326,164 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,525 |
| Savings and temporary cash investments | $204,668 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,095 |
| 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 | $2,483 |
| Net Land, buildings, and equipment | $1,950 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $235,721 |
| Accounts payable and accrued expenses | $31,325 |
| Grants payable | $0 |
| Deferred revenue | $17,225 |
| 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 | $48,550 |
| Net assets without donor restrictions | $187,171 |
| 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 | $235,721 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indianapolis Neighborhood Housing Partnership Inc Indianapolis, IN | $66,108,731 | $12,013,592 |
Episcopal Retirement Services Cincinnati, OH | $26,931,140 | $9,263,844 |
S A Y Detroit Southfield, MI | $10,220,382 | $4,947,599 |
Lss Foundation Inc West Allis, WI | $32,868,828 | $1,061,850 |
Edward And Hannah M Rutledge Charities Inc Chippewa Falls, WI | $0 | $2,022,116 |
Wheda Foundation Inc Madison, WI | $1,008,183 | $1,000,000 |
Bhi Foundation Inc Indianapolis, IN | $8,620,000 | $696,583 |
A Hole In The Roof Foundation Southfield, MI | $248,794 | $866,547 |
Housing Action Coalition Of Waukesha County Inc Waukesha, WI | $1,671,468 | $1,634,041 |
West Haven Foundation For Retarded Westlake, OH | $13,195,410 | $1,006,389 |
Home Builders Association Of Greater Lansing Lansing, MI | $235,721 | $346,621 |
Community Catalysts Howell, MI | $3,798,672 | $148,391 |