Builders Association Of Metropolitan Tulsa Inc
- Assets
- $3.9m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 10
- Location
- Tulsa, OK
- Founding
- 10/1978
- Data as of
- 12/2022
- EIN
- 73-0566979
Organization Overview
Builders Association Of Metropolitan Tulsa Inc is located in Tulsa, OK. 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 12/2022, Builders Association Of Metropolitan Tulsa Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Builders Association Of Metropolitan Tulsa 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 12/2022, Builders Association Of Metropolitan Tulsa Inc generated $2.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOME BUILDERS ASSOCIATION OF GREATER TULSA SEEKS TO PROMOTE ETHICAL BUSINESS PRACTICES AND STANDARDS THROUGHOUT THE INDUSTRY. THE ASSOCIATION ALSO SEEKS TO SERVE THE COMMUNITY THROUGH EDUCATION, MEMBERSHIP REQUIREMENTS, AND PHILANTHROPIC EFFORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREATER TULSA PARADE OF HOMES - ANNUAL EVENT TO SHOWCASE DEVELOPER AND VENDOR PRODUCTS. INCLUDES HOMES THROUGHOUT THE TULSA METRO AREA AND SURROUNDING COMMUNITIES. WEB SITE RECAPS THE PARADE OF HOMES GUIDE AND SERVES AS A VEHICLE FOR THE PUBLIC TO RE-VISIT HOMES FEATURED IN THE PARADE. THERE WERE 100 HOMES SHOWCASED DURING THE EVENT.
GENERAL MEMBERSHIP ACTIVITIES - MONTHLY MEETINGS AND RELATED ACTIVITIES FOR 1,000-PLUS MEMBERS FOR NETWORKING, EDUCATION, AND FELLOWSHIP. PROVIDES OPPORTUNITIES TO MEET OTHER MEMBERS, WELCOME NEW MEMBERS, AND HEAR SPEAKERS ON INDUSTRY RELATED TOPICS.
GREATER TULSA HOME & GARDEN SHOW - THE MOST SUCCESSFUL TRADE SHOW IN THE TULSA REGION DEVOTED TO ALL THINGS FOR THE HOME AND GARDEN. THIS 4 DAY EVENT IN MARCH SHOWCASES 400 COMPANIES THAT SELL HOME & GARDEN PRODUCTS TO THE GENERAL PUBLIC. THERE WERE OVER 20,000 ATTENDEES.
HOME REMODELING SHOWCASE - SHOWCASED REMODELED HOMES TO THE GENERAL PUBLIC. THERE WERE 15 HOMES SHOWCASED AND APPROXIMATELY 250 ATTENDEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cahn Wiggs President | Trustee | 5 | $0 |
Matt Emmons Vice President | Trustee | 3 | $0 |
Mark Priess Secretary | Trustee | 3 | $0 |
Jeff Starkweather Immediate Past President | Trustee | 3 | $0 |
Jeremy Moore 40 Below Council President | Trustee | 1 | $0 |
Susan Bevard Prof. Women In Building President | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $526,350 |
| Fundraising events | $3,131 |
| 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 | $529,481 |
| Total Program Service Revenue | $1,672,850 |
| Investment income | $7,870 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $150,200 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,873 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,417,699 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| 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. | $188,166 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $347,176 |
| Pension plan accruals and contributions | $2,361 |
| Other employee benefits | $47,495 |
| Payroll taxes | $37,484 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,570 |
| Fees for services: Other | $0 |
| Advertising and promotion | $83,756 |
| Office expenses | $71,947 |
| Information technology | $5,878 |
| Royalties | $0 |
| Occupancy | $73,286 |
| Travel | $35,400 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,956 |
| Interest | $21,517 |
| Payments to affiliates | $289,466 |
| Depreciation, depletion, and amortization | $99,338 |
| Insurance | $23,873 |
| All other expenses | $126,843 |
| Total functional expenses | $2,487,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $353,676 |
| Savings and temporary cash investments | $350,127 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $735,635 |
| 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 | $203,179 |
| Net Land, buildings, and equipment | $1,965,980 |
| Investments—publicly traded securities | $246,480 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,855,077 |
| Accounts payable and accrued expenses | $49,841 |
| Grants payable | $0 |
| Deferred revenue | $1,465,517 |
| 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 | $516,560 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,233 |
| Total liabilities | $2,038,151 |
| Net assets without donor restrictions | $0 |
| 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 | $35,066 |
| Retained earnings, endowment, accumulated income, or other funds | $1,781,860 |
| Total liabilities and net assets/fund balances | $3,855,077 |