Home Building Association Of Richmond

Organization Overview

Home Building Association Of Richmond is located in Richmond, VA. The organization was established in 1952. According to its NTEE Classification (L01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Home Building Association Of Richmond employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Building Association Of Richmond 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, Home Building Association Of Richmond generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 4.0% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

OUR VISION IS TO CHAMPION HOUSING AND THE COMMUNITY. OUR MISSION IS TO PROVIDE LEADERSHIP TO DEVELOP INNOVATIVE PROGRAMS THAT ENABLE OUR COMMUNITY TO THRIVE. USING RESEARCH, EDUCATION AND PUBLIC RELATIONS, WE WILL BE A CREDIBLE RESOURCE BUILDING A STRONG COALITION FOR THE CURRENT AND FUTURE BENEFIT OF OUR ASSOCIATION AND COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOMERAMA: SHOWCASE OF HOMES IN THE RICHMOND AREA THAT DISPLAY THE LATEST IN HOME CONSTRUCTION, DESIGN, AND TECHNOLOGICAL INNOVATIONS. THE HOMES ARE FURNISHED AND DECORATED BY REGIONAL INTERIOR DESIGN TEAMS.


PARADE OF HOMES: TOUR OF NEW AND REMODELED HOMES IN THE RICHMOND AREA,IN WHICH SELECTIONS IN HOME DESIGNS, CONSTRUCTION TECHNIQUES AND MATERIALS ARE DISPLAYED FOR PURCHASERS AND BUILDERS.


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Board, Officers & Key Employees

Name (title)Compensation
Danna Markland
CEO
$130,141
Mitchell Bode
Immediate Pa
$0
Spen Custis
President
$0
Daniel Jones
Past VP Buil
$0
Tracey Jameson
Treasurer
$0
Tricia Smith
VP Builder
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $65,000
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$65,000
Total Program Service Revenue$1,358,247
Investment income $88,411
Tax Exempt Bond Proceeds $0
Royalties $7,379
Net Rental Income $9,600
Net Gain/Loss on Asset Sales $9,934
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,552,331

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Home Building Association Of Richmond has recieved totaling $2,500.

Awarding OrganizationAmount
Home Builders Association Of Virginia Educational Foundation

Richmond, VA

PURPOSE: SUPPORT THE LAUNCH OF THE RICHMOND STUDENT CONSTRUCTION CONFERENCE

$2,500
View Grant Recipient Profile

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