Santa Fe Area Home Builders Association Inc is located in Santa Fe, NM. The organization was established in 1993. 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, Santa Fe Area Home Builders Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Fe Area 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, Santa Fe Area Home Builders Association Inc generated $383.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $318.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.5%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE SANTA FE AREA HOME BUILDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SANTA FE AREA HOME BUILDERS ASSOCIATION ACCOMPLISHED ITS PRIMARY OBJECTIVE OF EDUCATING ITS MEMBERS CONCERNING ALL FACETS OF HOME BUILDING ACTIVITIES, INCLUDING CURRENT DEVELOPMENT AND TRENDS.
THE ASSOCIATION CONDUCTED EDUCATIONAL ACTIVITIES AND SERVICES TO BOTH MEMBERS AND THE GENERAL PUBLIC. THIS WAS DONE BY SPONSORING LUNCHEONS WITH GUEST SPEAKERS ADDRESSING HOME BUILDING ISSUES AND CONDUCTING SEMINARS.
THE ASSOCIATION SENDS OUT ELECTRONIC NEWSLETTERS MULTIPLE TIMES A MONTH WHICH CONTAIN ARTICLES AND INFORMATION ON CURRENT AND RELEVANT TOPICS OF INTEREST TO ITS MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Miles Conway Exec Officer | OfficerTrustee | 40 | $83,500 |
Ray Gee Treasurer | OfficerTrustee | 1 | $0 |
Tom Treece 2nd Vice Pres | OfficerTrustee | 1 | $0 |
Valerie Montoya 1st Vice Pres | OfficerTrustee | 1 | $0 |
Jason Rogers Past Pres | OfficerTrustee | 1 | $0 |
Michael Latting Associate VP | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $14,420 |
Related organizations | $7,473 |
Government grants | $34,485 |
All other contributions, gifts, grants, and similar amounts not included above | $350 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $56,728 |
Total Program Service Revenue | $318,573 |
Investment income | $274 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $5,940 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $1,201 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $383,216 |
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. | $83,500 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $44,800 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $5,400 |
Payroll taxes | $12,146 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,154 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,850 |
Advertising and promotion | $0 |
Office expenses | $8,871 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $9,143 |
Travel | $743 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $100 |
Interest | $16,918 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $14,480 |
Insurance | $4,734 |
All other expenses | $15,145 |
Total functional expenses | $318,041 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $127,414 |
Savings and temporary cash investments | $13,420 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $459,973 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $600,807 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $40 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $325,622 |
Unsecured mortgages and notes payable | $1,176 |
Other liabilities | $2,375 |
Total liabilities | $329,213 |
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 | $0 |
Retained earnings, endowment, accumulated income, or other funds | $271,594 |
Total liabilities and net assets/fund balances | $600,807 |
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