Asheville Home Builders Association
- Assets
- $964.2k
- Revenue
- $654.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Asheville, NC
- Founding
- 02/1970
- Data as of
- 12/2021
- EIN
- 56-0900456
Organization Overview
Asheville Home Builders Association is located in Asheville, NC. The organization was established in 1970. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Asheville Home Builders Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asheville Home Builders Association 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, Asheville Home Builders Association generated $654.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $615.8k during the year ending 12/2021. While expenses have increased by 5.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROFESSIONAL TRADE ORGANIZATION PROVIDING EDUCATION AND PROMOTION OF MEMBERS WITHIN THE CONSTRUCTION INDUSTRY. THE ASSOCIATION STRIVES TO EDUCATE AND SUPPORT MEMBERS, CONTRIBUTE TO THE LOCAL COMMUNITY, AND REPRESENT THE LOCAL, STATE, AND NATIONAL BUILDING INDUSTRY. A. MEMBERSHIP ENROLLMENT FOR 2021 WAS 919 MEMBERS. B. ANNUAL BUILD & REMODEL EXPO AND PARADE OF HOMES ALLOW MEMBERS TO DISPLAY AND PROMOTE THEIR PRODUCTS AND SERVICES. PARADE OF HOMES IS OPEN TO THE GENERAL PUBLIC FOR VIEWING AS A RESOURCE AND THE ANNUAL BUILD AND REMODEL EXPO WAS CREATED FOR BUILDER AND ASSOCIATE MEMBERS TO GROW THEIR BUSINESSES, EDUCATE THE PUBLIC, AND EXPLORE OTHER PRODUCTS AND SERVICES AVAILABLE TO THEM. C. THE ASSOCIATION PUBLISHES REGULAR ELECTRONIC AND PRINT COMMUNICATION PIECES FOR MEMBERS AND OTHER BUSINESS/GOVERNMENTAL LEADERS PROVIDING INFORMATION ON THE INDUSTRY AND UPCOMING EVENTS AND EDUCATIONAL OFFERINGS. D. THE ASSOCIATION MAINTAINS A WEBSITE FOR THE ASSOCIATION WHICH LISTS A FULL DIRECTORY O
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENHANCE MEMBERS ABILITY TO CONDUCT INDIVIDUAL BUSINESSES WITH COMPETENCE AND INTEGRITY; PROVIDE THE OPPORTUNITY TO UNITE ALL SEGMENTS OF THE INDUSTRY IN CREATING A SUCCESSFUL BUSINESS ENVIRONMENT. TO HELP BRING PROFESSIONALISM TO THE BUILDING INDUSTRY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Hackett President | Officer | 8 | $0 |
Brian Sineath 2nd Vice Pre | Officer | 4 | $0 |
Thomas Mcclain Past Preside | Officer | 4 | $0 |
Stephanie Chapman Associate VP | Officer | 4 | $0 |
Donna King Treasurer | Officer | 4 | $0 |
Gus Adams Director | Trustee | 2 | $0 |
Financial Statements
| 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 | $458,796 |
| Investment income | $165 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $32,555 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $136,481 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $654,736 |
| 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. | $88,667 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $143,058 |
| Pension plan accruals and contributions | $3,740 |
| Other employee benefits | $13,640 |
| Payroll taxes | $17,322 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,561 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,772 |
| Office expenses | $14,278 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,877 |
| Travel | $2,810 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,435 |
| Interest | $468 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,524 |
| Insurance | $8,658 |
| All other expenses | $27,353 |
| Total functional expenses | $615,772 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $152,188 |
| Savings and temporary cash investments | $330,661 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $81,389 |
| 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 | $1,220 |
| Net Land, buildings, and equipment | $394,394 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,387 |
| Total assets | $964,239 |
| Accounts payable and accrued expenses | $23,237 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $53,958 |
| Total liabilities | $77,195 |
| Net assets without donor restrictions | $887,044 |
| 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 | $964,239 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Apartment Association Arlington, VA | $36,578,270 | $34,472,867 |
South Carolina Association Of Realtors Columbia, SC | $12,136,645 | $4,422,875 |
National Association Of Residential Property Managers Chesapeake, VA | $7,197,610 | $3,141,683 |
Greater Atlanta Home Builders Association Inc Atlanta, GA | $2,099,399 | $1,943,083 |
Nahma Inc Alexandria, VA | $1,371,765 | $1,737,919 |
Wake County Continuum Of Care Raleigh, NC | $296,436 | $1,664,133 |
National Property Management Association Atlanta, GA | $1,900,437 | $1,089,769 |
Home Builders Association Of Columbia Columbia, SC | $862,484 | $1,214,733 |
Williamson County Association Of Realtors Brentwood, TN | $3,282,079 | $1,254,397 |
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 |
Piedmont Triad Apartment Association Greensboro, NC | $230,838 | $714,934 |