Home Builders Association Of Superiorland
- Assets
- $42.4k
- Revenue
- $183.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Marquette, MI
- Founding
- 05/1992
- Data as of
- 12/2021
- EIN
- 38-2871665
Organization Overview
Home Builders Association Of Superiorland is located in Marquette, MI. The organization was established in 1992. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & 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 Superiorland 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 Superiorland generated $183.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $142.9k during the year ending 12/2021. While expenses have increased by 9.2% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCE THE PROFESSION OF HOMEBUILDING IN MICHIGANS UPPER PENINSULA THROUGH EDUCATION, NEWSLETTERS AND HOME SHOWS
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO CHARITABLE BUSINESS AND SCHOLARSHIPS FOR TRADE SCHOOL INDIVIDUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Foster Executive Director | OfficerTrustee | 40 | $37,645 |
Tracy Henriksen Secretary | OfficerTrustee | 0.5 | $0 |
James Goriesky Vice President | OfficerTrustee | 0.5 | $0 |
Lynn Swadley Treasurer | OfficerTrustee | 0.5 | $0 |
Pat Healy President | OfficerTrustee | 0.5 | $0 |
Chase Palosaari Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $72,320 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,208 |
| All other contributions, gifts, grants, and similar amounts not included above | $431 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,959 |
| Total Program Service Revenue | $94,976 |
| Investment income | $31 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,850 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $183,816 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $37,645 |
| Compensation of current officers, directors, key employees. | $37,645 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,931 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $135 |
| Fees for services: Accounting | $1,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,738 |
| Office expenses | $11,764 |
| Information technology | $1,737 |
| Royalties | $0 |
| Occupancy | $5,753 |
| Travel | $2,086 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,368 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,120 |
| All other expenses | $0 |
| Total functional expenses | $142,942 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,951 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,479 |
| 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 | $42,430 |
| Accounts payable and accrued expenses | $0 |
| 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 | $4,020 |
| Total liabilities | $4,020 |
| Net assets without donor restrictions | $0 |
| 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 | $38,410 |
| Total liabilities and net assets/fund balances | $42,430 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sigma Kappa National Housing Corp Carmel, IN | $43,130,448 | $13,889,510 |
Wisconsin Realtors Association Madison, WI | $21,391,509 | $7,218,750 |
Michigan Association Of Realtors Lansing, MI | $19,860,076 | $8,510,169 |
Ncr Permanent Supportive Housing Services Columbus, OH | $1,083,580 | $3,750,961 |
Association Of College And University Housing Officers - Inte Columbus, OH | $6,244,515 | $3,516,112 |
Michigan Manufactured Housing Rv And Campground Association Okemos, MI | $4,347,878 | $2,091,544 |
National Church Residences Columbus, OH | $7,958,105 | $2,396,850 |
Michigan Association Of Home Builders Lansing, MI | $1,275,641 | $1,128,395 |
Home Builders Association Of Greater Cincinnati Cincinnati, OH | $4,206,787 | $615,926 |
Ohio Home Builders Association Columbus, OH | $1,027,645 | $505,320 |
Builders And Remodelers Association Of Greater Ann Arbor Ann Arbor, MI | $1,234,102 | $312,021 |
Home Builders Association Of Greater Cleveland Independence, OH | $335,366 | $489,607 |