Home Builders Association Of Northwest Iowa
- Assets
- $23.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spirit Lake, IA
- Founding
- 05/2002
- Data as of
- 12/2021
- EIN
- 42-1212623
Organization Overview
Home Builders Association Of Northwest Iowa is located in Spirit Lake, IA. The organization was established in 2002. 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. Home Builders Association Of Northwest Iowa 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 Northwest Iowa generated $13.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $8.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.3%) per year over the past 6 years. 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
HOME SHOW - THE ASSOCIATION MAINTAINS A BOOTH AT HOME SHOWS HELD EACH YEAR IN COMMUNITIES IN NORTHWEST IOWA. THESE SHOWS ARE USUALLY HELD IN SHOPPING MALLS OR COMMUNITY BUILDINGS AND MANY CONTRACTORS, VENDORS, RETAILERS AND ORGANIZATIONS ARE REPRESENTED. MANY CONSUMERS VISIT THE HOME SHOW AS IT PROMOTES THE SALE OF ALL TYPES OF HOME PRODUCTS. THIS IS AN EXCELLENT OPPORTUNITY FOR THE ASSOCIATION TO ENHANCE THE CLIMATE FOR HOUSING AND THE BUILDING INDUSTRY AS WELL AS MEET CONSUMERS IN THE AREA WHO ARE INTERESTED IN BUILDING HOMES AND/OR PURCHASING HOME PRODUCTS. THE ASSOCIATION COLLABORATES TO BENEFIT ALL AREAS OF THE BUILDING INDUSTRY.PARADE OF HOMES - THE PARADE OF HOMES IS AN EVENT SPONSORED IN PART BY THE HOME BUILDERS ASSOCIATION. SEVERAL NEW HOMES, RECENTLY BUILT, BY THE AREA'S CONTRACTORS ARE PUT ON DISPLAY IN A PARADE OF HOMES. THE GENERAL PUBLIC PURCHASES A TICKET IN ORDER TO VIEW EACH HOME IN THE PARADE. THIS PROGRAM IS AN EXCELLENT OPPORTUNITY FOR AREA CONTRACTORS TO DISPLAY THEIR PRODUCT TO PROSPECTIVE CUSTOMERS AND THE COMMUNITY IN GENERAL. APPROXIMATELY 5,000 PEOPLE ATTEND THE PARADE OF HOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Roberts Director | 0 | $0 | |
Bryan Bargen Director | 0 | $0 | |
Shelly Gustin Vice President | 0 | $0 | |
Derek Lee President | 0 | $0 | |
Clyde Ihrke Treasurer | 0 | $0 | |
Patrick Swyter Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $11,500 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,238 |
| Other Revenue | $0 |
| Total Revenue | $13,740 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $610 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,840 |
| Total expenses | $8,450 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,405 |
| Other assets | $0 |
| Total assets | $23,405 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,405 |