Anchorage Home Builders Association Inc
- Assets
- $576.5k
- Revenue
- $361.4k
- Investments
- $219.8k
- Employees
- 5
- Location
- Anchorage, AK
- Founding
- 01/1976
- Data as of
- 12/2021
- EIN
- 51-0173290
Organization Overview
Anchorage Home Builders Association Inc is located in Anchorage, AK. The organization was established in 1976. 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 12/2021, Anchorage Home Builders Association Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchorage Home Builders Association Inc 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, Anchorage Home Builders Association Inc generated $361.4k 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 (5.7%) each year. All expenses for the organization totaled $380.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ANCHORAGE HOME BUILDERS ASSOCIATION WAS ESTABLISHED IN 1959 TO REPRESENT THE HOME BUILDING AND REMODELING INDUSTRY TO PROMOTE SAFE, AFFORDABLE HOUSING IN THE ANCHORAGE MARKET.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANCHORAGE HOME BUILDERS ASSOCIATION HOSTS AN ANNUAL HOME SHOW WITH OVER 120 VENDORS. IT'S DESIGNED TO INFORM AND EDUCATE THE PUBLIC AND INDUSTRY PROFESSIONALS ON HOME REMODELING AND NEW CONSTRUCTION.
THE ANCHORAGE HOME BUILDERS ASSOCIATION HOSTS AN ANNUAL PARADE OF HOMES. IT RECOGNIZES THE ACHIEVEMENTS OF LOCAL BUILDERS AND SHOWCASES INNOVATIONS IN BUILDING, NEW HOME FEATURES, AND LOCAL TRENDS. HOMES IN ANCHORAGE AND EAGLE RIVER ARE OPEN TO THE PUBLIC DURING ONE WEEKEND IN SEPTEMBER. LATER THE HOMES ARE JUDGED BY INDUSTRY PROFESSIONALS FOR VARIOUS DESIGN FEATURES AND CRAFTSMANSHIP. WINNERS RECEIVE A COVETED GOLD HAMMER AWARD.
THE ANCHORAGE HOME BUILDERS ASSOCIATION HOSTS AN ANNUAL GOLF TOURNAMENT. IT'S DESIGNED FOR THE MEMBERSHIP TO NETWORK WITH THEIR FELLOW INDUSTRY PROFESSIONALS.
THE ANCHORAGE HOME BUILDERS ASSOCIATION WAS ESTABLISHED IN 1959 TO REPRESENT THE HOME BUILDING AND REMODELING INDUSTRY AND TO PROMOTE SAFE, AFFORDABLE HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Visser President | OfficerTrustee | 4 | $0 |
Jason Dial Vice Preside | OfficerTrustee | 4 | $0 |
Brandon Marcott Treasurer | OfficerTrustee | 4 | $0 |
Andre Spinelli Secretary | OfficerTrustee | 4 | $0 |
Bill Taylor Director | Trustee | 2 | $0 |
Pete Nolan Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $62,114 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $28,210 |
| All other contributions, gifts, grants, and similar amounts not included above | $88,693 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,017 |
| Total Program Service Revenue | $144,305 |
| Investment income | $4,643 |
| 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 | $2,665 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $361,429 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $80,034 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,326 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,944 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,248 |
| Advertising and promotion | $80,995 |
| Office expenses | $3,708 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $75,923 |
| Travel | $11,334 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,035 |
| Interest | $723 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $990 |
| Insurance | $7,349 |
| All other expenses | $6,045 |
| Total functional expenses | $379,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,336 |
| Savings and temporary cash investments | $885 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,018 |
| 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 | $1,697 |
| Investments—publicly traded securities | $291,615 |
| Investments—other securities | $219,790 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $49,184 |
| Total assets | $576,525 |
| Accounts payable and accrued expenses | $18,815 |
| Grants payable | $0 |
| Deferred revenue | $84,358 |
| 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 | $24,754 |
| Total liabilities | $127,927 |
| Net assets without donor restrictions | $0 |
| 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 | $448,598 |
| Total liabilities and net assets/fund balances | $576,525 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sudden Valley Comm Assoc Bellingham, WA | $20,952,447 | $5,164,417 |
Wainwright Cooperative Association Wainwright, AK | $1,332,722 | $3,626,498 |
Desert Aire Owners Association Mattawa, WA | $7,989,613 | $2,793,140 |
Snoqualmie Ridge Residential Owners Association Snoqualmie, WA | $2,466,155 | $1,515,533 |
Building Owners And Managers Association Of Seattle Seattle, WA | $1,124,627 | $1,499,763 |
Redmond Ridge Residential Owners Redmond, WA | $1,854,713 | $1,503,480 |
The Ontario Center Owners Association Nine Mile Falls, WA | $1,547,495 | $1,593,017 |
Northwest Landing Residential Property Owners Association DuPont, WA | $2,222,432 | $1,366,604 |
Central Washington Home Builders Association Inc Yakima, WA | $1,318,141 | $960,293 |
Highlands Council Issaquah, WA | $2,418,933 | $1,078,489 |
Tenants Union Of Washington Seattle, WA | $651,295 | $984,022 |
North Olympic Regional Veterans Housing Network Forks, WA | $2,012,724 | $1,292,167 |