Home Builders Association Of Kentucky Inc is located in Frankfort, KY. The organization was established in 1971. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Home Builders Association Of Kentucky Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Builders Association Of Kentucky 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 Kentucky Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $953.6k during the year ending 12/2021. 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
PROVIDE SERVICES TO CONSTRUCTION AND HOME BUILDING COMPANIES AND INDIVIDUAL MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SERVICES TO CONSTRUCTION AND HOME BUILDING COMPANIES AND INDIVIDUAL MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anetha Sanford Ceo/evp | OfficerTrustee | 40 | $122,162 |
Drew Mclellan President Elect/treasurer | OfficerTrustee | 2 | $0 |
Chris Jones President | OfficerTrustee | 2 | $0 |
Brian Miller 2nd Vice President | OfficerTrustee | 2 | $0 |
David Thornton Secretary | OfficerTrustee | 2 | $0 |
Matt Purcell Associate Vice President | OfficerTrustee | 2 | $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 | $1,069,525 |
Investment income | $26,346 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,095,871 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $2,500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $122,162 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $159,594 |
Pension plan accruals and contributions | $27,194 |
Other employee benefits | $87,567 |
Payroll taxes | $21,852 |
Fees for services: Management | $0 |
Fees for services: Legal | $23,699 |
Fees for services: Accounting | $17,700 |
Fees for services: Lobbying | $59,240 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $14,103 |
Advertising and promotion | $0 |
Office expenses | $8,992 |
Information technology | $0 |
Royalties | $111,618 |
Occupancy | $4,373 |
Travel | $25,615 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $31,685 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $23,696 |
Insurance | $10,288 |
All other expenses | $60,597 |
Total functional expenses | $953,635 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $306,950 |
Savings and temporary cash investments | $1,607,961 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $9,339 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $9,062 |
Prepaid expenses and deferred charges | $3,151 |
Net Land, buildings, and equipment | $129,875 |
Investments—publicly traded securities | $0 |
Investments—other securities | $585,081 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,651,419 |
Accounts payable and accrued expenses | $6,394 |
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 | $28,105 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $34,499 |
Net assets without donor restrictions | $2,616,920 |
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 | $2,651,419 |
Organization Name | Assets | Revenue |
---|---|---|
Tellico Village Poa Inc Loudon, TN | $46,364,010 | $28,167,700 |
Virginia Nonproit Housing Coalition Richmond, VA | $132,002,711 | $15,806,787 |
Kingstowne Residential Owners Corporation Alexandria, VA | $8,910,767 | $6,278,825 |
Burke Centre Conservancy Burke, VA | $14,310,013 | $6,077,723 |
Community Housing Solutions Cleveland, OH | $1,275,833 | $5,883,143 |
Apple Canyon Lake Property Owners Association Apple River, IL | $10,186,851 | $3,960,232 |
Aquia Harbour Property Owners Association Inc Stafford, VA | $11,909,044 | $4,683,038 |
Stone Ridge Association Inc Stone Ridge, VA | $6,806,491 | $4,345,999 |
National Home Infusion Association Alexandria, VA | $2,376,501 | $3,671,992 |
Blue Ridge Christian Home Corporation Raphine, VA | $1,069,884 | $2,966,317 |
Easton Association Inc Columbus, OH | $1,520,434 | $3,359,729 |
820 W Belle Plaine Cooperative Chicago, IL | $8,052,333 | $2,389,201 |