Home Builders Association Of W Va Inc is located in Charleston, WV. The organization was established in 1964. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Builders Association Of W VA 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, Home Builders Association Of W VA Inc generated $206.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $190.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 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
EDUCATE MEMBERS IN DIFFERENT AREAS THAT IMPACT HOME BUILDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATE AND UPDATE MEMBERS AS TO THE CHANGING BUSINESS CLIMATE, TAXES, RULES, AND REGULATIONS AFFECTIONG THE HOME BUILDING INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Regina Skeen Executive Director | Officer | 40 | $56,530 |
Robert W Ritenour Treasurer | Officer | 1 | $0 |
Mary A Dulyea Secretary | Officer | 1 | $0 |
Linda K Weppler Assistant Treasurer | Officer | 1 | $0 |
Patti A Shamblin Nahb Associate Member Director | Officer | 1 | $0 |
Dale A Oxley Nahb State Representative | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
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 | $0 |
Total Program Service Revenue | $183,481 |
Investment income | $8 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $50 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $206,715 |
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. | $56,530 |
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 | $4,537 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $3,735 |
Office expenses | $12,119 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,550 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $14,980 |
Interest | $5,724 |
Payments to affiliates | $37,561 |
Depreciation, depletion, and amortization | $10,006 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $190,653 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $76,981 |
Savings and temporary cash investments | $80,364 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $13,418 |
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 | $337,616 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $776 |
Total assets | $509,155 |
Accounts payable and accrued expenses | $8,032 |
Grants payable | $0 |
Deferred revenue | $7,500 |
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 | $133,878 |
Other liabilities | $1,983 |
Total liabilities | $151,393 |
Net assets without donor restrictions | $357,762 |
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 | $509,155 |
Organization Name | Assets | Revenue |
---|---|---|
National Apartment Association Arlington, VA | $36,578,270 | $34,472,867 |
Pennsylvania Association Of Realtors Lemoyne, PA | $15,365,413 | $8,876,616 |
Ncr Permanent Supportive Housing Services Columbus, OH | $1,083,580 | $3,750,961 |
Association Of College And University Housing Officers - Inte Columbus, OH | $6,244,515 | $3,516,112 |
National Association Of Residential Property Managers Chesapeake, VA | $7,197,610 | $3,141,683 |
National Church Residences Columbus, OH | $7,958,105 | $2,396,850 |
Nahma Inc Alexandria, VA | $1,371,765 | $1,737,919 |
Greater Louisville Association Of Realtors Inc Louisville, KY | $9,529,127 | $1,361,558 |
Home Builders Association Of Virginia Richmond, VA | $2,262,595 | $1,140,915 |
Dulles Area Association Of Realtors Ashburn, VA | $1,053,649 | $713,181 |
Montgomery County Association Of Realtors Inc Malvern, PA | $0 | $967,962 |
Home Builders Association Of Greater Cincinnati Cincinnati, OH | $4,206,787 | $615,926 |