Home Builders Assn Of Des Moines
- Assets
- $702.7k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Johnston, IA
- Founding
- 08/1953
- Data as of
- 12/2021
- EIN
- 42-0694418
Organization Overview
Home Builders Assn Of Des Moines is located in Johnston, IA. The organization was established in 1953. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Home Builders Assn Of Des Moines employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Builders Assn Of Des Moines 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 Assn Of Des Moines generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 2.9% 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
THE HOME BUILDERS ASSOCIATION OF GREATER DES MOINES IS A VOLUNTARY ORGANIZATION OF BUILDERS AND ASSOCIATES WHO HAVE JOINED TOGETHER FOR THE PURPOSE OF PROMOTING THE BUILDING INDUSTRY IN OUR REGION AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME SHOW EXPO IS AN ACTIVITY OF THE ASSOCIATION CONDUCTED TO PROVIDE ADDITIONAL REVENUE TO THE ASSOCIATION, SERVICE TO THE MEMBERSHIP AND PROMOTE PUBLIC RELATIONS WITH THE GENERAL PUBLIC.
HOME AND REMODELING SHOW IS AN ANNUAL TRADE SHOW IN WHICH THE HBA OF GREATER DES MOINES IS THE SOLE PROMOTER AND ORGANIZER. IT IS USUALLY HELD IN MARCH IN THE VARIED INDUSTRY BUILDING AT THE STATE FAIR GROUNDS IN DES MOINES.
TOUR OF REMODELED HOMES IS AN ANNUAL TOUR AROUND THE DES MOINES AREA SHOWCASING VARIOUS HOMES THAT HAVE BEEN REMODELED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Knoup Executive Officer | OfficerTrustee | 40 | $117,060 |
Amy Kimberley Secretary | OfficerTrustee | 2 | $0 |
Bryon Moore Director | OfficerTrustee | 2 | $0 |
Nathan Sniekek Treasurer | OfficerTrustee | 2 | $0 |
Kalen Ludwig Immediate Past President | OfficerTrustee | 2 | $0 |
Kirk Mickelsen 2nd Vice President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $150,312 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $150,312 |
| Total Program Service Revenue | $763,734 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $370 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,312,598 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $285,189 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,236 |
| Payroll taxes | $28,059 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,144 |
| Advertising and promotion | $10,141 |
| Office expenses | $89,169 |
| Information technology | $32,597 |
| Royalties | $0 |
| Occupancy | $109,277 |
| Travel | $11,634 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,153 |
| Interest | $2,998 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,784 |
| Insurance | $34,485 |
| All other expenses | $31,266 |
| Total functional expenses | $1,161,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $251,589 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $65,165 |
| 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 | $32,369 |
| Net Land, buildings, and equipment | $353,590 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $702,713 |
| Accounts payable and accrued expenses | $130,717 |
| 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 | $0 |
| Total liabilities | $130,717 |
| Net assets without donor restrictions | $571,996 |
| 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 | $702,713 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Home Builders Assn Of Des Moines has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Master Builders Of Iowa West Des Moines, IA PURPOSE: GENERAL FUND | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Martin Luther Home Corporation Dubuque, IA | $34,357,421 | $17,283,638 |
Apple Canyon Lake Property Owners Association Apple River, IL | $10,186,851 | $3,960,232 |
North Oaks Home Owners Association Inc North Oaks, MN | $5,590,480 | $4,009,438 |
820 W Belle Plaine Cooperative Chicago, IL | $8,052,333 | $2,389,201 |
Building Owners And Managers Association Of Chicago Chicago, IL | $1,459,387 | $2,903,504 |
Minnesota Multi Housing Assn Bloomington, MN | $1,831,730 | $2,659,160 |
Lake Holiday Property Owners Association Inc Somonauk, IL | $7,075,550 | $2,253,751 |
Carr Square Tenant Corporation Saint Louis, MO | $3,519,634 | $1,262,069 |
Platte Lake Property Owners Association Hillman, MN | $0 | $1,817,640 |
Eastern Iowa Regional Housing Corporation Dubuque, IA | $5,116,993 | $1,481,771 |
Home Builders Assn Of Des Moines Johnston, IA | $702,713 | $1,312,598 |
Lake Winnebago Home Owners Association Lake Winnebago, MO | $7,105,548 | $1,164,558 |