Washington Home Builders Foundation
- Assets
- $10.8k
- Revenue
- $93.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Tumwater, WA
- Founding
- 06/2013
- Data as of
- 12/2023
- EIN
- 46-0667648
Organization Overview
Washington Home Builders Foundation is located in Tumwater, WA. The organization was established in 2013. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington Home Builders Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Washington Home Builders Foundation generated $93.5k in total revenue. All expenses for the organization totaled $97.9k during the year ending 12/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FOUNDED IN 2012 BY THE BUILDING INDUSTRY ASSOCIATION OF WASHINGTON, THE WASHINGTON HOME BUILDERS FOUNDATION (WHBF) EMPOWERS AND INSPIRES THE NEXT GENERATION OF BUILDERS BY ADVANCING BUILDING-RELATED EDUCATION AND UNLOCKING ACADEMIC OPPORTUNITIES AND CAREER POSSIBILITIES WHILE FOSTERING A CULTURE OF INNOVATION, ENTHUSIASM AND EXCELLENCE IN THE BUILDING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHBF PROVIDED $45,500 IN SCHOLARSHIPS TO STUDENTS IN WA STATE.
WHBF PROVIDED $52,440 IN GRANTS TO WORKFORCE DEVELOPMENT PROGRAMS IN WASHINGTON STATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Lane Executive Vice President | Officer | 0.1 | $0 |
Gary Wray President | Officer | 0.1 | $0 |
Jay Roberts First Vice President/treasurer | Officer | 0.1 | $0 |
Kent Arola Third Vice President | Officer | 0.1 | $0 |
Luellen Smith Second Vice President | Officer | 0.1 | $0 |
Nicole Ahola Secretary | Officer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $68,195 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,850 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,045 |
| Total Program Service Revenue | $0 |
| Investment income | $489 |
| Tax Exempt Bond Proceeds | $0 |
| 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 | $93,534 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $97,940 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $8 |
| Total functional expenses | $97,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,098 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,689 |
| 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 | $10,787 |
| Accounts payable and accrued expenses | $4,140 |
| 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 | $4,140 |
| Net assets without donor restrictions | $6,647 |
| 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 | $10,787 |
Grants Awarded
Over the last fiscal year, Washington Home Builders Foundation has awarded $14,600 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BUILDING BEYOND WALLS | | | $5,300 |
CHELAN SCHOOL OF INOVATION PURPOSE: Initial set up of Home Builders Institute. | $9,300 |