Acadian Home Builders Association Inc
- Assets
- $1.2m
- Revenue
- $907.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Lafayette, LA
- Founding
- 06/1986
- Data as of
- 12/2021
- EIN
- 72-0654140
Organization Overview
Acadian Home Builders Association Inc is located in Lafayette, LA. The organization was established in 1986. 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, Acadian Home Builders Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acadian Home Builders 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 12/2021, Acadian Home Builders Association Inc generated $907.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $552.3k during the year ending 12/2021. While expenses have increased by 0.5% 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
ADVOCATE AND SUPPORT THE BUILDING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF PROFESSIONALISM AND ETHICAL BUSINESS PRACTICES OF MEMBERS IN PROVIDING QUALITY HOUSING THAT CREATES VALUE FOR THE HOMEOWNER AND THE COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adrienne Fontenot Executive Director | OfficerTrustee | 40 | $76,344 |
Alfred Schoeffler Vice President | OfficerTrustee | 3 | $0 |
Mark Ste Marie Treasurer | OfficerTrustee | 3 | $0 |
Mike Cottam Associate Vice President | OfficerTrustee | 3 | $0 |
Jeff Wood President | OfficerTrustee | 3 | $0 |
William Leblanc Immediate Past Presidentt | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $328,842 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $200,247 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $529,089 |
| Total Program Service Revenue | $0 |
| Investment income | $13,582 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $265,711 |
| Net Income from Fundraising Events | $99,052 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $907,434 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,643 |
| 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. | $76,344 |
| Compensation of current officers, directors, key employees. | $76,344 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,857 |
| Pension plan accruals and contributions | $2,013 |
| Other employee benefits | $0 |
| Payroll taxes | $9,058 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,754 |
| Fees for services: Accounting | $11,832 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,803 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18 |
| Payments to affiliates | $183,742 |
| Depreciation, depletion, and amortization | $4,183 |
| Insurance | $13,404 |
| All other expenses | $47,949 |
| Total functional expenses | $552,252 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $774,914 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,507 |
| 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 | $5,426 |
| Net Land, buildings, and equipment | $405,312 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,215,159 |
| Accounts payable and accrued expenses | $48,335 |
| Grants payable | $0 |
| Deferred revenue | $91,250 |
| 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 | $139,585 |
| Net assets without donor restrictions | $1,075,574 |
| 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 | $1,215,159 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Acadian Home Builders Association Inc has recieved totaling $35,000.
| Awarding Organization | Amount |
|---|---|
Home For The Holidays Inc Lafayette, LA PURPOSE: TO AID FOR VARIOUS PROGRAMS | $20,000 |
Community Foundation Of Acadiana Lafayette, LA PURPOSE: Disaster relief | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bella Vista Village Property Owners Association Bella Vista, AR | $65,598,574 | $31,138,285 |
Sienna Plantation Residential Association Inc Missouri City, TX | $10,383,877 | $12,546,129 |
Riverstone Homeowners Association Sugar Land, TX | $13,624,654 | $10,362,620 |
Woodforest Owners Association Inc Houston, TX | $5,341,273 | $9,874,039 |
Cinco Residential Property Assn Inc Katy, TX | $14,599,829 | $10,954,529 |
Stonebridge Ranch Community Association Inc Dallas, TX | $11,315,034 | $8,717,166 |
Towne Lake Community Association Inc Cypress, TX | $4,256,681 | $7,685,021 |
Walden On Lake Conroe Community Improvement Asso Montgomery, TX | $5,919,000 | $7,405,584 |
Aliana Homeowners Association Inc Pipe Creek, TX | $4,933,191 | $6,737,042 |
Steiner Ranch Master Association Inc Austin, TX | $3,672,449 | $4,302,724 |
Canyon Falls Master Community Inc Dallas, TX | $5,159,893 | $4,744,849 |
Castle Hills Master Association Inc Lewisville, TX | $4,067,423 | $4,896,405 |