Florida Home Builders Association
- Assets
- $2.5m
- Revenue
- $2.0m
- Investments
- $32.4k
- Employees
- 10
- Location
- Tallahassee, FL
- Founding
- 06/1970
- Data as of
- 12/2021
- EIN
- 59-0708647
Organization Overview
Florida Home Builders Association is located in Tallahassee, FL. The organization was established in 1970. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Florida Home Builders Association employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida 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, Florida Home Builders Association generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) 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
THE MISSION OF THE FLORIDA HOME BUILDERS ASSOCIATION IS TO CREATE A CLIMATE IN WHICH THE CONSTRUCTION INDUSTRY CAN PROSPER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOUTHEAST BUILDERS CONFERENCE: PROVIDED 44 HOURS OF CONTINUING EDUCATION, HELD AN EXPO SHOW OF 226 EXHIBITORS, & ATTENDED BY OVER 4,000 PEOPLE. THE ASSOCIATION SERVES APPROXIMATELY 7,881 MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Payton Executive Director/president | Officer | 40 | $215,000 |
Kimberly Scott CFO | Officer | 40 | $157,437 |
Scott Mccracken Past President | OfficerTrustee | 2.5 | $0 |
Wendy Dittmar Past Second Vice President | OfficerTrustee | 2.5 | $0 |
Tj Thornberry President | OfficerTrustee | 5 | $0 |
Everett Morrow Second Vice President | OfficerTrustee | 5 | $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 | $1,810,869 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $78,005 |
| Net Rental Income | $57,512 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$417 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,970,746 |
| 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. | $372,437 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $346,367 |
| Pension plan accruals and contributions | $25,161 |
| Other employee benefits | $33,028 |
| Payroll taxes | $47,621 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,603 |
| Fees for services: Accounting | $37,448 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $136,301 |
| Advertising and promotion | $47,992 |
| Office expenses | $135,868 |
| Information technology | $67,639 |
| Royalties | $0 |
| Occupancy | $152,628 |
| Travel | $44,993 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $462,127 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,793 |
| Insurance | $25,228 |
| All other expenses | $4,436 |
| Total functional expenses | $2,038,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $169,147 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $108,510 |
| 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 | $60,718 |
| Net Land, buildings, and equipment | $42,366 |
| Investments—publicly traded securities | $2,063,193 |
| Investments—other securities | $32,443 |
| Investments—program-related | $0 |
| Intangible assets | $4,324 |
| Other assets | $62,620 |
| Total assets | $2,543,321 |
| Accounts payable and accrued expenses | $143,394 |
| Grants payable | $0 |
| Deferred revenue | $299,627 |
| 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 | $26,605 |
| Total liabilities | $469,626 |
| Net assets without donor restrictions | $2,073,695 |
| 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 | $2,543,321 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gwinnett Convention And Visitors Bureau Inc Duluth, GA | $29,610,598 | $21,705,089 |
Icamr Inc Neocity, FL | $16,807,579 | $18,482,877 |
Nassau-Paradise Island Promotion Board Ltd Plantation, FL | $7,848,897 | $14,831,769 |
Asian American Hotel Owners Association Atlanta, GA | $22,232,306 | $14,292,123 |
Osceola Convention And Visitors Bureau Inc Kissimmee, FL | $12,721,814 | $18,220,107 |
Panama City Beach Convention And Vistors Bureau Inc Panama City Beach, FL | $6,910,172 | $13,906,597 |
Florida Reliability Coordinating Council Tampa, FL | $10,138,227 | $13,874,923 |
Midtown Business Association Inc Atlanta, GA | $4,952,556 | $10,845,776 |
Corenet Global Inc Atlanta, GA | $22,405,208 | $10,074,155 |
Visit Pensacola Inc Pensacola, FL | $2,535,965 | $7,930,486 |
Allinial Global Lawrenceville, GA | $3,508,006 | $7,173,344 |
The Florida Restaurant & Lodging Association Inc Tallahassee, FL | $14,927,226 | $6,472,755 |