Black Hills Home Builders Association

Organization Overview

Black Hills Home Builders Association is located in Rapid City, SD. The organization was established in 1989. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Black Hills Home Builders Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black Hills Home 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 12/2023, Black Hills Home Builders Association generated $696.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $608.2k during the year ending 12/2023. While expenses have increased by 1.6% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO SERVE AS AN ADVOCATE FOR THOSE INVOLVED IN THE BUILDING INDUSTRY, TO FOCUS ON CREATING AN ENVIRONMENT THAT PROVIDES THE OPPORTUNITY OF AFFORDABLE HOUSING FOR ALL, AND TO DISSEMINATE INFORMATION ON INDUSTRY STANDARDS AND REGULATIONS TO BUILDERS AND THE GENERAL PUBLIC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ASSOCIATION SERVES ITS MEMBERS BY PROVIDING A COMMUNITY HOME SHOW, A PARADE OF HOME EVENTS TO SHOWCASE THEIR PRODUCTS, AND OTHER BUILDER ACTIVITIES TO EDUCATE THE PUBLIC ON WHAT IS AVAILABLE IN THE HOME BUILDING INDUSTRY AND TO ADVOCATE FOR AFFORDABLE HOUSING.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$250
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$250
Total Program Service Revenue$658,182
Investment income $2,236
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $25,118
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $696,651

Peer Organizations

Organization NameAssets
Nebraska Realtors Association
Lincoln, NE
$1,798,027
Home Builders Association Of Fargo- Moorhead
Fargo, ND
$1,518,231
Home Builders Association Of The Sioux Empire
Sioux Falls, SD
$1,184,015
Gallatin Association Of Realtors
Bozeman, MT
$911,637
Billings Association Of Realtors
Billings, MT
$807,854
Black Hills Home Builders Association
Rapid City, SD
$696,651
Multifamily Impact Council
Sioux Falls, SD
$592,134
Bismarck - Mandan Home Builders Association
Bismarck, ND
$506,802
Manufactured & Modular Home Association Of Minnesota Inc
West St Paul, MN
$401,941
Northwest Montana Association Of Realtors
Kalispell, MT
$564,531
Iowa Manufactured Housing Association
Des Moines, IA
$497,782
Greater Cedar Rapids Housing & Building Association
Hiawatha, IA
$398,582
Realtors Association Of Lincoln
Lincoln, NE
$478,607
Home Builders Association Of Great Falls Montana
Great Falls, MT
$362,807
Home Builders Association Of Iowa
Des Moines, IA
$264,229
Realtors Of Greater Mid-Nebraska Inc
Kearney, NE
$298,644
National Association Of Housing & Redevelopment Officials
Columbus, NE
$0
Arrowhead Builders Association
Hermantown, MN
$177,177
Bedford Community Housing Association
Bedford, IA
$0
North Dakota Manufactured Housing Association
Minot, ND
$111,808
Kearney Area Builders Association
Kearney, NE
$0
Forman Housing Association
Mott, ND
$0
The Omaha Chapter Of The Womens Council Of Realtors
Omaha, NE
$0
South Dakota Manufactured Housing Association
Pierre, SD
$0
Nebraska State Home Builders Assn
Lincoln, NE
$0

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