Home Builders Assoc Of Midland
- Assets
- $157.2k
- Revenue
- $238.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Midland, MI
- Founding
- 12/1985
- Data as of
- 12/2023
- EIN
- 38-2421245
Organization Overview
Home Builders Assoc Of Midland is located in Midland, MI. The organization was established in 1985. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Home Builders Assoc Of Midland employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Builders Assoc Of Midland 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, Home Builders Assoc Of Midland generated $238.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $247.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE HBA OF MIDLAND IS AN ORGANIZATION MADE OF UP BUILDERS, REMODELERS AND OTHER PROFESSIONALS ASSOCIATED WITH THE BUILDING INDUSTRY. WE ARE AFFILIATED WITH NAHB AND MAHB. WE REPRESENT THE BUILDING INDUSTRY FOR THE MUTUAL BENEFIT OF CONSUMERS, THE COMMUNITY AND OUR ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILDER EDUCATION - THE ORGANIZATION PROVIDES PROGRAMS THAT HELP BUILDERS BECOME BETTER PROFESSIONALS AND INCREASE THEIR BUSINESS SKILLS. PROGRAMS THAT THE ORGANIZATION PROVIDES TO ITS 170 BUILDERS AND ASSOCIATE MEMBERS INCLUDE GENERAL MEMBERSHIP MEETINGS, REMODELERS COUNCIL ROUNDTABLES, MEET YOUR LEGISLATORS MEET AND GREET/QUESTION AND ANSWER MEETINGS, AND MEET LOCAL SUPPLIERS EVENTS. IN 2023, THESE PROGRAMS AVERAGED TO BE A MEETING A MONTH BEING HELD FOR THE ORGANIZATION'S MEMBERS.
COMMUNITY EDUCATION - THE ORGANIZATION PROVIDES PROGRAMS WHICH INFORM AND EDUCATE THE HOME BUYING PUBLIC. SUCH PROGRAMS INCLUDE THE YEARLY HOME SHOW EVENT THAT AVERAGES APPROXIMATELY 2,500 ATTENDEES AND A SPRING AND FALL PARADE OF HOMES EVENT THAT DRAWS APPROXIMATELY 500 TO 1,000 ATTENDEES TO EACH EVENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Kosick President | OfficerTrustee | 1 | $0 |
Mike Mcphillips Vice Preside | OfficerTrustee | 1 | $0 |
Bryan Dinsmore Vice Preside | OfficerTrustee | 1 | $0 |
Mark R Freed Treasurer | OfficerTrustee | 1 | $0 |
Randy Miller Past Preside | OfficerTrustee | 1 | $0 |
Greg Weckesser Life Directo | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,711 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,460 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,171 |
| Total Program Service Revenue | $177,695 |
| Investment income | $2,100 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,913 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,067 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $238,919 |
| 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. | $56,334 |
| Compensation of current officers, directors, key employees. | $52,702 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,434 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,913 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,180 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $17,368 |
| Office expenses | $12,866 |
| Information technology | $6,110 |
| Royalties | $0 |
| Occupancy | $8,966 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,114 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,727 |
| Insurance | $2,538 |
| All other expenses | $19,288 |
| Total functional expenses | $247,492 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,992 |
| Savings and temporary cash investments | $72,285 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $41,980 |
| 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 | $38,959 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $157,216 |
| Accounts payable and accrued expenses | $12,998 |
| Grants payable | $0 |
| Deferred revenue | $83,574 |
| 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 | $96,572 |
| Net assets without donor restrictions | $60,644 |
| 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 | $157,216 |