Home Builders Association Of Greater Grand Rapids Foundation
- Assets
- $116.0k
- Revenue
- $90.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Wyoming, MI
- Founding
- 05/1989
- Data as of
- 12/2023
- EIN
- 38-2836920
Organization Overview
Home Builders Association Of Greater Grand Rapids Foundation is located in Wyoming, MI. The organization was established in 1989. 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 Greater Grand Rapids Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Home Builders Association Of Greater Grand Rapids Foundation generated $90.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $116.1k during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Home Builders Association Of Greater Grand Rapids Foundation has awarded 28 individual grants totaling $232,980. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO PROMOTE STUDENT, WOMEN, EMPLOYMENT, AND COMMUNITY LEARNING IN THE TRADE SKILLS.
GRANT TO HELP PROVIDE CARE, COMFORT, AND COMMUNITY TO FAMILIES DEALING WITH MEDICAL TREATMENTS.
GRANT TO PROVIDE REPAIR SERVICES TO LOW INCOME RECIPIENTS.
GRANT TO HELP FAMILIES BUILD AND IMPROVE PLACES TO CALL HOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Kogelschatz President | 1 | $0 | |
Mark Vandebosh Vice-President | 1 | $0 | |
Ryan Knibbe Secretary | 1 | $0 | |
Heather Conkright Treasurer | 1 | $0 | |
Tom Regan Director | 1 | $0 | |
Dave Nichols Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,049 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $88,324 |
| Total Revenue | $90,373 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $33,934 |
| Total operating and administrative expenses | $36,155 |
| Contributions, gifts, grants paid | $79,950 |
| Total expenses and disbursements | $116,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,504 |
| Savings and temporary cash investments | $101,534 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $116,038 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Home Builders Association Of Greater Grand Rapids Foundation has awarded $79,950 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BETHANY CHRISTIAN SERVICES PURPOSE: CONTRIBUTE TO HELP FAMILIES BUILD AND IMPROVE PLACES TO CALL HOME | $7,500 |
GRCC FOUNDATION PURPOSE: PROMOTE STUDENT AND COMMUNITY LEARNING | $13,450 |
HABITAT FOR HUMANITY OF KENT COUNTY PURPOSE: CONTRIBUTE TO HELP FAMILIES BUILD AND IMPROVE PLACES TO CALL HOME | $5,000 |
HOME REPAIR SERVICES OF KENT COUNTY PURPOSE: PROVIDE REPAIR SERVICES TO LOW INCOME RECIPIENTS | $17,500 |
SKILLED TO BUILD MICHIGAN PURPOSE: TO HELP RAISE AWARENESS OF SKILLED TRADES AS A CAREER OPTION | $15,000 |
PWB COUNCIL PURPOSE: PROMOTE PWB MEMBERS AND WOMEN IN THE HOUSING RELATED INDUSTRY | $6,500 |