Colorado Association Of Home Builders
- Assets
- $461.7k
- Revenue
- $568.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Centennial, CO
- Founding
- 04/1975
- Data as of
- 12/2022
- EIN
- 84-0646800
Organization Overview
Colorado Association Of Home Builders is located in Centennial, CO. The organization was established in 1975. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Colorado Association Of Home Builders employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Association Of Home Builders 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, Colorado Association Of Home Builders generated $568.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $525.8k during the year ending 12/2022. 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
TO IMPROVE CONDITIONS IN THE HOME BUILDING INDUSTRY IN COLORADO. WE ARE THE VOICE OF THE BUILDING INDUSTRY WORKING TO MEET THE HOUSING NEEDS OF ALL COLORADOANS THROUGH ADVOCACY, EDUCATION, STEWARDSHIP, AND PROFESSIONAL DEVELOPMENT OF OUR MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLORADO ASSOCIATION OF HOME BUILDERS STRIVES TO IMPROVE CONDITIONS IN THE HOME BUILDING INDUSTRY BY IMPROVING THE SOCIAL, POLITICAL, AND ECONOMIC CONDITIONS IN THE STATE OF COLORADO. COLORADO ASSOCIATION OF HOME BUILDERS IS COMPRISED OF MEMBERS FROM TEN LOCAL ASSOCIATIONS AND THREE CHAPTERS ACROSS COLORADO. THE ASSOCIATION REPRESENTS APPROXIMATELY 2,000 MEMBER COMPANIES STATEWIDE BY:(1) MONITORING AND INFLUENCING THE LEGISLATIVE, REGULATORY, AND JUDICIAL PROCESSES.(2) OFFERING MEMBER SERVICES BEST PROVIDED ON A STATEWIDE BASIS(3) PROVIDING EDUCATION AND OTHER OPPORTUNITIES FOR MEMBERS TO SHARE IDEAS AND INFORMATION(4) PROMOTING AND ENCOURAGING PROFESSIONALISM AND ETHICAL PRACTICES BY (5) ENHANCING THE PUBLIC IMAGE OF THE BUILDING INDUSTRY.MANY ASSOCIATIONS WERE GREATLY IMPACTED BY COVID-19 AND THE RESULTING ATTEMPTS TO MITIGATE IT. THE COLORADO HOME BUILDERS ASSOCIATION IS NO EXCEPTION. MEETINGS AND EVENTS THAT HAD PREVIOUSLY BEEN DONE IN-PERSON HAD TO BE CHANGED TO AN ON-LINE FORMAT ONLY FOR AN EXTENDED PERIOD OF TIME. MANY MEMBERS BECAME ACCUSTOMED TO PARTICIPATING VIRTUALLY AND LIKED THE CONVENIENCE OF IT. AN EXPECTATION WAS THEREBY CREATED THAT WE WOULD CONTINUE TO OFFER A VIRTUAL COMPONENT ALONG WITH AN IN-PERSON ATTENDANCE OPTION EVEN AFTER THE PANDEMIC STARTED TO ABATE AND RESTRICTIONS WERE EASED. THIS HAS CREATED DIFFICULTIES FROM A TECHNOLOGICAL STANDPOINT. THE HARDWARE NEEDED TO PROVIDE A QUALITY EXPERIENCE TO VIRTUAL PARTICIPANTS IS EXPENSIVE. WE CONTINUE TO SEARCH FOR WAYS TO DELIVER A MORE ROBUST AND QUALITY REMOTE PARTICIPATION EXPERIENCE. OUR BELIEF IS THAT DIRECT, IN-PERSON NETWORKING AND COMMUNICATION IS GREATLY PREFERRED OVER VIRTUAL METHODS FOR EFFECTIVELY SHARING INFORMATION AND IDEAS. WE WILL CONTINUE TO MONITOR THE STATUS OF COVID-19 VARIANTS AND MAKE ANY CHANGES NEEDED TO KEEP OUR STAFF AND MEMBERS SAFE AND HEALTHY, WHILE CONTINUING TO FULFILL OUR MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Schneider Immediate Past Chair | OfficerTrustee | 3 | $0 |
Matt Osborn Chair | OfficerTrustee | 3 | $0 |
Brian Robinson First Vice Chair | OfficerTrustee | 3 | $0 |
Aric Jones Third Vice Chair/treasurer/secretary | OfficerTrustee | 3 | $0 |
Paul Camillo Director | Trustee | 2 | $0 |
Kyle Campbell Director | Trustee | 2 | $0 |
Financial Statements
| 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 | $545,016 |
| Investment income | $1,493 |
| 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 | $568,793 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,651 |
| 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. | $115,275 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,566 |
| Pension plan accruals and contributions | $786 |
| Other employee benefits | $14,883 |
| Payroll taxes | $5,911 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,468 |
| Fees for services: Lobbying | $213,968 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,834 |
| Advertising and promotion | $1,300 |
| Office expenses | $4,538 |
| Information technology | $27,187 |
| Royalties | $0 |
| Occupancy | $10,232 |
| Travel | $5,283 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,180 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,400 |
| All other expenses | $0 |
| Total functional expenses | $525,811 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $310,551 |
| Savings and temporary cash investments | $149,849 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,285 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $461,685 |
| Accounts payable and accrued expenses | $4,393 |
| 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 | $150,000 |
| Total liabilities | $154,393 |
| Net assets without donor restrictions | $307,292 |
| 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 | $461,685 |