Home Builders Assn Of Lincoln
- Assets
- $1.6m
- Revenue
- $731.5k
- Investments
- $0.0
- Employees
- 15
- Location
- Lincoln, NE
- Founding
- 10/1989
- Data as of
- 12/2023
- EIN
- 47-0404824
Organization Overview
Home Builders Assn Of Lincoln is located in Lincoln, NE. The organization was established in 1989. 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 12/2023, Home Builders Assn Of Lincoln employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Builders Assn Of Lincoln 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, Home Builders Assn Of Lincoln generated $731.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $697.2k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE MEMBER HOME BUILDERS AND SHOWCASE NEW IDEAS AND TECHNIQUES BEING USED IN NEW HOMES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS, WORKSHOPS & SEMINARS: INFORMATIONAL & EDUCATION FORUMS FOR MEMBERS TO SET & MAINTAIN HOME BUILDING STANDARDS.
HOME & GARDEN SHOW: TRADE FAIR & EXHIBITIONS OF HOME BUILDERS & RELATED TRADES PROMOTING & INFORMING THE GENERAL PUBLIC OF BUILDING & ASSOCIATED TRADE STANDARDS & INNOVATIONS.
LINCOLN BUSINESS BUILDER & GUIDEBOOKS: PUBLICATIONS TO MEMBERS TO INFORM & ADVISE OF RELATED EVENTS MEETINGS, WORKSHOPS, SEMINARS & EDUCATIONAL MATERIALS & ARTICLES.
PARADE OF HOMES & TOUR OF REMODELED HOMES: TRADE EXHIBITION OF HOMES OPEN TO THE GENERAL PUBLIC TO PROMOTE & INFORM THE PUBLIC OF BUILDING STANDARDS & INNOVATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Bryant Treasurer | OfficerTrustee | 2 | $0 |
Jim Christo Director | OfficerTrustee | 2 | $0 |
Beau Daffer President Elect | OfficerTrustee | 2 | $0 |
Megan Dryer Director | OfficerTrustee | 2 | $0 |
Michaela H Schwarten Exectutive Director | OfficerTrustee | 40 | $145,041 |
Steve Fulton Director | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $142,999 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $142,999 |
| Total Program Service Revenue | $516,772 |
| Investment income | $44,537 |
| 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 | $731,532 |
| 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. | $145,041 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $137,248 |
| Pension plan accruals and contributions | $14,855 |
| Other employee benefits | $15,720 |
| Payroll taxes | $22,228 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,825 |
| Fees for services: Accounting | $5,910 |
| Fees for services: Lobbying | $7,199 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,337 |
| Office expenses | $8,564 |
| Information technology | $7,647 |
| Royalties | $0 |
| Occupancy | $8,490 |
| Travel | $914 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,407 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,330 |
| Insurance | $10,884 |
| All other expenses | $32,788 |
| Total functional expenses | $697,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $391,701 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,635 |
| 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 | $40,968 |
| Net Land, buildings, and equipment | $383,310 |
| Investments—publicly traded securities | $717,818 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,570,432 |
| Accounts payable and accrued expenses | $21,807 |
| Grants payable | $0 |
| Deferred revenue | $440,539 |
| 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 | $462,346 |
| Net assets without donor restrictions | $1,108,086 |
| 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 | $1,570,432 |