Johnston County Building Industry Association Inc is located in Smithfield, NC. The organization was established in 1979. 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. Johnston County Building Industry 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 12/2022, Johnston County Building Industry Association Inc generated $203.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $250.3k during the year ending 12/2022. 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
SEE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE HOME BUILDING INDUSTRY IN JOHNSTON CO, NC BY SUPPORTING AND EDUCATING MEMBERS WHO ARE BUILDERS & OTHER PROFESSIONALS ASSOCIATED WITH THE BLDG INDUSTRY. TO PROMOTE PROFESSIONALISM IN THE LOCAL BLDG INDUSTRY THRU INVOLVEMENT IN LOCAL GOVT, EDUCATION, AND COMMUNITY DEVELOPMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richie Boyd Director | Trustee | $0 | |
Brian Bland Director | Trustee | $0 | |
Porter Casey Director | Trustee | $0 | |
Caroline Corey Secretary | OfficerTrustee | $0 | |
Marc Descoteaux Immediate Pa | OfficerTrustee | $0 | |
Joe Fox Director | Trustee | $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 | $11,614 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $11,614 |
Total Program Service Revenue | $151,122 |
Investment income | $354 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $40,601 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $203,691 |
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 | $54,075 |
Pension plan accruals and contributions | $4,000 |
Other employee benefits | $0 |
Payroll taxes | $4,196 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $80,197 |
Advertising and promotion | $548 |
Office expenses | $2,604 |
Information technology | $3,410 |
Royalties | $0 |
Occupancy | $56,528 |
Travel | $2,087 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $25,493 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,947 |
Insurance | $6,577 |
All other expenses | $2,069 |
Total functional expenses | $250,331 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,427 |
Savings and temporary cash investments | $181,299 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $8,510 |
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 | $501,295 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $698,531 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $698,531 |
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 | $698,531 |