Home Builders Association Of Lake County

Organization Overview

Home Builders Association Of Lake County, operating under the name Home Builders Association Of Lake-, is located in Tavares, FL. The organization was established in 1976. 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 12/2023, Home Builders Association Of Lake- employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Builders Association Of Lake- 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 12/2023, Home Builders Association Of Lake- generated $126.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $143.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE HOME BUILDERS ASSOCIATION OF LAKE COUNTY SERVES APPROXIMATELY 120 CORPORATE AND INDIVIDUAL MEMBERS INVOLVED IN THE CONSTRUCTION AND RELATED INDUSTRIES, INCLUDING PROFESSIONAL HOMEBUILDERS, CONSTRUCTION-RELATED TRADESMEN AND REAL ESTATE INDUSTRY PARTNERS. ITS SERVICE AREA INCLUDES LAKE AND SUMTER COUNTIES AND MEMBERS ALSO BELONG TO BOTH THE FLORIDA AND NATIONAL ASSOCIATIONS. THE MISSION OF THE ASSOCIATION IS TO PROVIDE SERVICE, EDUCATION, INFORMATION AND NETWORKING OPPORTUNITIES TO THOSE MEMBERS AND TO USE ITS UNIFIED STRENGTH AND RESOURCES TO ENSURE THE HIGHEST POSSIBLE STANDARDS OF QUALITY, INTEGRITY AND PROFESSIONALISM WITHIN THE BUILDING INDUSTRY WHILE MONITORING GOVERNMENT TO ENSURE THE PRESERVATION OF THE AMERICAN DREAM OF OWNING A HOME. THESE AIMS ARE CARRIED OUT THROUGH NEWSLETTERS, MONTHLY DINNER MEETINGS WITH SPEAKERS, EDUCATIONAL SESSIONS, COMMUNITY EVENTS AND OTHER RELATED SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDS USED TO INFORM & EDUCATE MEMBERSHIP AND HELP WITH THEIR DEVELOPMENT BOTH PERSONALLY AND PROFESSIONALLY THROUGH MONTHLY DINNER MEETINGS, NEWSLETTERS, TRADE SHOWS, EXPOS, AND OTHER COMMUNITY EVENTS AND SERVICES. IN ADDITION, THE ORGANIZATION CONTINUES TO MONITOR GOVERNMENT AND SERVE AS AN ADVOCATE FOR MEMBERS AND THE COMMUNITY IN AN EFFORT TO PREVENT UNFAIR TAXING(I.E. IMPACT FEES) THAT MAY CAUSE FINANCIAL BURDEN ON THE MEMBERSHIP AND ECONOMY. ORGANIZATION ALSO HOLDS PERIODIC MEMBERSHIP NETWORKING EVENTS ("HARD HAT HAPPY HOUR") FOR MEMBERS AND THEIR GUESTS, AS WELL AS THEIR ANNUAL GENERAL MEMBERSHIP MEETING (WITH SPECIAL SPEAKERS, ETC.). MINIMAL ADMISSION IS CHARGED TO ASSIST WITH THE COST OF FOOD, VENUE, ETC.


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Board, Officers & Key Employees

Name (title)Compensation
William Bud Dorman
Life Directo
$0
Adam Edgington
Builder Dire
$0
George Hansford
Life Directo
$0
Jeremy Hauff
President
$0
Eric Hunt
Assoc Direct
$0
John Knop
Associate Di
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$2,312
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,455
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,767
Total Program Service Revenue$72,320
Investment income $99
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $45,418
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $126,219

Peer Organizations

Organization NameAssets
Greater Atlanta Home Builders Association Inc
Atlanta, GA
$2,137,511
National Property Management Association Inc
Atlanta, GA
$1,812,364
Baldwin County Assoc Of Realtors
Robertsdale, AL
$2,036,516
Greater Birmingham Association Of Home Builders
Hoover, AL
$1,411,534
Realtors Of Punta Gorda Port Charlotte North Port Desoto Inc
Port Charlotte, FL
$1,496,324
Lakeland Association Of Realtors
Lakeland, FL
$1,244,877
Florida Ccim Chapter Of The Realtors National Marketing Instit
Eustis, FL
$794,796
Ocala-Marion County Association Of Realtors
Ocala, FL
$1,047,229
Montgomery Area Association Of Realtors
Montgomery, AL
$534,982
Association Of Real Estate Owned Managers
Pensacola, FL
$444,301
Home Builders Association Of Savannah
Savannah, GA
$441,846
National Association Of Real Estate Editors
Boca Raton, FL
$328,701
Alabama Association Of Housing And Redevelopment Authorities
Panama City Beach, FL
$391,079
Florida Association Of Housing And Redevelopment Officials
Tallahassee, FL
$341,193
Middle Georgia Association Of Realtors
Macon, GA
$309,845
Home Builders Association Of The Muscle Shoals Area
Florence, AL
$265,578
Flagler County-Palm Coast Home Builders Association
Palm Coast, FL
$250,967
Home Builders Association Of Dothan And The Wiregrass Area
Dothan, AL
$202,134
Greater Columbus Home Builders Association Inc
Columbus, GA
$182,600
Morgan County Assoc Of Realtors
Decatur, AL
$210,843
Home Builders Association Of Lake County
Tavares, FL
$126,219
Womens Council Of Realtors Florida State Inc
Daytona Beach, FL
$164,707
Real Estate Investment Society Inc
Fort Myers, FL
$0
Greater Atlanta Electric League
Marietta, GA
$0
Housing Leadership Council Of Tampa Bay Inc
Tampa, FL
$6,663

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