Acadian Home Builders Association Inc
- Assets
- $1.6m
- Revenue
- $691.3k
- Investments
- $59.3k
- Employees
- 3
- Location
- Lafayette, LA
- Founding
- 06/1986
- Data as of
- 12/2023
- 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 12/2023, 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 12/2023, Acadian Home Builders Association Inc generated $691.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $649.0k during the year ending 12/2023. While expenses have increased by 2.2% per year over the past 9 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
2023
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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adrienne Fontenot Executive Director | OfficerTrustee | 40 | $95,729 |
Aimia Doucet Member | Trustee | 3 | $0 |
April Guillory Member | Trustee | 3 | $0 |
Blake Romero Secretary | Trustee | 3 | $0 |
Brian Clement President | OfficerTrustee | 3 | $0 |
Brian Blanchard Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $327,746 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $103,488 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $431,234 |
| Total Program Service Revenue | $0 |
| Investment income | $28,973 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $231,062 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $691,269 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,326 |
| 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. | $95,729 |
| Compensation of current officers, directors, key employees. | $95,729 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,241 |
| Pension plan accruals and contributions | $2,079 |
| Other employee benefits | $0 |
| Payroll taxes | $10,686 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,994 |
| Fees for services: Accounting | $9,278 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,050 |
| Office expenses | $15,395 |
| 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 | $9,480 |
| Payments to affiliates | $179,304 |
| Depreciation, depletion, and amortization | $42,537 |
| Insurance | $15,425 |
| All other expenses | $59,364 |
| Total functional expenses | $649,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,512 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $65,917 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $381,876 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,677 |
| Net Land, buildings, and equipment | $709,898 |
| Investments—publicly traded securities | $238,693 |
| Investments—other securities | $59,260 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,557,833 |
| Accounts payable and accrued expenses | $25,601 |
| Grants payable | $0 |
| Deferred revenue | $91,000 |
| 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 | $226,950 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $343,551 |
| Net assets without donor restrictions | $1,214,282 |
| 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 | $1,557,833 |