Headwaters Builders Association
- Assets
- $25.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minocqua, WI
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 39-1771666
Organization Overview
Headwaters Builders Association is located in Minocqua, WI. The organization was established in 2019. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Headwaters Builders Association 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, Headwaters Builders Association generated $54.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $68.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S EXEMPT PURPOSE ACHIEVEMENTS ARE TO PROVIDE EDUCATION TO MEMBERS TO EARN CONTINUING PROFESSIONAL EDUCATION CREDITS AND PROVIDE EVENTS FOR ADVERTISING, NETWORKING AND UPDATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tammy Schmidt Executive Di | 25 | $15,600 | |
Tim Sanderson Treasurer | 0 | $0 | |
Mike Winter Vice Preside | 0 | $0 | |
Joe Cordova President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $50,108 |
| Investment income | $36 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,692 |
| Other Revenue | $294 |
| Total Revenue | $54,130 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,600 |
| Professional fees and other payments to independent contractors | $5,121 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $83 |
| Other expenses | $47,655 |
| Total expenses | $68,459 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,934 |
| Other assets | $0 |
| Total assets | $25,939 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,939 |
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