Northshore Home Builders Association
- Assets
- $920.1k
- Revenue
- $462.9k
- Investments
- $0.0
- Employees
- 5
- Location
- Lacombe, LA
- Founding
- 10/1978
- Data as of
- 10/2023
- EIN
- 72-0810727
Organization Overview
Northshore Home Builders Association is located in Lacombe, LA. The organization was established in 1978. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 10/2023, Northshore Home Builders Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northshore 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 10/2023, Northshore Home Builders Association generated $462.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $441.7k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION IS DEDICATED TO ENHANCING THE QUALITY OF LIFE BY PROMOTING EXCELLENCE IN THE HOME BUILDING INDUSTRY THROUGH EDUCATION,NETWORKING AND COMMUNITY INVOLVEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION IS DEDICATED TO ENHANCING THE QUALITY OF LIFE BY PROMOTING EXCELLENCE IN THE HOME BUILDING INDUSTRY THROUGH EDUCATION NETWORKING AND COMMUNITY INVOLVEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Bubba Jenkins Jr Chairman | OfficerTrustee | 5 | $0 |
Erika Hemphill Vice Chair | OfficerTrustee | 5 | $0 |
Casey Forshag Secretary | OfficerTrustee | 5 | $0 |
Doreen Dodie Adams Treasurer | OfficerTrustee | 5 | $0 |
Vicent Centanni Director | Trustee | 5 | $0 |
Shanna Cole Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $377,672 |
| 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 | $377,672 |
| Total Program Service Revenue | $37,491 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,030 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,693 |
| Net Income from Fundraising Events | $38,207 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $462,862 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $132,008 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,226 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,228 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,280 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,781 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,774 |
| Insurance | $16,990 |
| All other expenses | $0 |
| Total functional expenses | $441,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,376 |
| Savings and temporary cash investments | $369,083 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,484 |
| 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 | $0 |
| Net Land, buildings, and equipment | $446,144 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $920,087 |
| Accounts payable and accrued expenses | $530 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,470 |
| Total liabilities | $9,000 |
| Net assets without donor restrictions | $911,087 |
| 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 | $920,087 |
Grants Awarded
Over the last fiscal year, Northshore Home Builders Association has awarded $25,328 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HOME BUILDERS ASSOCIATION OF LOUISIANA INC PURPOSE: TO PROVIDE LOUISIANA WITH QUALITY HOUSING THAT IS SAFE AND AFFORDABLE. | $5,000 |
NORTHSHORE HOME BUILDERS ASSOCIATION PAC PURPOSE: TO ASSIST WITH LOBBYING EXPENDITURES. | $20,328 |