Home Builders Assn Of Lincoln
- Assets
- $1.5m
- Revenue
- $662.0k
- Investments
- $0.0
- Employees
- 12
- Location
- Lincoln, NE
- Founding
- 10/1989
- Data as of
- 12/2022
- 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 12/2022, Home Builders Assn Of Lincoln employed 12 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 12/2022, Home Builders Assn Of Lincoln generated $662.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $640.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 8 years. 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
2022
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.
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.
HOME & GARDEN SHOW: TRADE FAIR & EXHIBITIONS OF HOME BUILDERS & RELATED TRADES PROMOTING & INFORMING THE GENERAL PUBLIC OF BUILDING & ASSOCIATED TRADE STANDARDS & INNOVATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michaela H Schwarten Executive Vice President | OfficerTrustee | 40 | $130,516 |
Bob Bryant Treasurer | OfficerTrustee | 2 | $0 |
Jim Christo Director | OfficerTrustee | 2 | $0 |
Beau Daffer 1st Vice President | OfficerTrustee | 2 | $0 |
Megan Dryer Director | OfficerTrustee | 2 | $0 |
Steve Fulton Director | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $144,528 |
| 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 | $144,528 |
| Total Program Service Revenue | $461,939 |
| Investment income | $32,896 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,072 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $661,956 |
| 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. | $130,516 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $127,544 |
| Pension plan accruals and contributions | $13,803 |
| Other employee benefits | $15,720 |
| Payroll taxes | $20,388 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,075 |
| Fees for services: Accounting | $6,270 |
| Fees for services: Lobbying | $7,683 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,920 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,658 |
| Office expenses | $9,881 |
| Information technology | $8,020 |
| Royalties | $0 |
| Occupancy | $7,772 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,566 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,817 |
| Insurance | $10,428 |
| All other expenses | $12,718 |
| Total functional expenses | $640,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $446,487 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,778 |
| 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 | $42,094 |
| Net Land, buildings, and equipment | $403,640 |
| Investments—publicly traded securities | $555,962 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,482,961 |
| Accounts payable and accrued expenses | $19,538 |
| Grants payable | $0 |
| Deferred revenue | $437,893 |
| 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 | $457,431 |
| Net assets without donor restrictions | $1,025,530 |
| 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 | $1,482,961 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Highlands Ranch Community Assoc Highlands Ranch, CO | $57,363,185 | $26,636,063 |
Martin Luther Home Corporation Dubuque, IA | $34,357,421 | $17,283,638 |
Ken-Caryl Ranch Master Association Littleton, CO | $4,631,765 | $4,101,686 |
Baca Grande Property Owners Association Crestone, CO | $2,833,644 | $2,042,205 |
Carr Square Tenant Corporation Saint Louis, MO | $3,519,634 | $1,262,069 |
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 |
Denver Building Owners & Managers Assoc Denver, CO | $1,976,275 | $1,237,939 |
Panora Cooperative Cablevision Association Inc Panora, IA | $431,429 | $971,770 |
Malibu Mirage Owners & Pilots Association Inc Wichita, KS | $740,639 | $770,905 |
Redhill Forest Property Owners Mutual Water And Cattle Assn Thornton, CO | $6,421,162 | $841,712 |