Utah Valley Home Builders Association
- Assets
- $3.8m
- Revenue
- $1.3m
- Investments
- $38.5k
- Employees
- 5
- Location
- Vineyard, UT
- Founding
- 01/1989
- Data as of
- 12/2022
- EIN
- 87-0308170
Organization Overview
Utah Valley Home Builders Association is located in Vineyard, UT. The organization was established in 1989. 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, Utah Valley Home Builders Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Utah Valley 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 12/2022, Utah Valley Home Builders Association generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 4.3% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ADVOCACY, EDUCATION, MEANINGFUL SERVICES, AND COMMUNITY SERVICE TO BENEFIT THE MEMBERS, THE COMMUNITY AND THE HOUSING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY PROJECTS, PARADE OF HOMES, WORKSHOPS & SEMINARS, FORUM SOCIALS, MEMBERSHIP MEETINGS, SCHOLARSHIPS, AND DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Roberts President | OfficerTrustee | 1 | $0 |
Drew Bigler Secretary-Tr | OfficerTrustee | 1 | $0 |
Mason Bentley Director | Trustee | 1 | $0 |
Kory Robison Director | Trustee | 1 | $0 |
Richie Mcdonald Director | Trustee | 1 | $0 |
Byron Baird Director | Trustee | 1 | $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 | $1,159,550 |
| Investment income | $4,625 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $51,041 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $54,394 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,269,610 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $300,000 |
| 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. | $153,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $221,186 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $35,449 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,550 |
| Fees for services: Lobbying | $18,322 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,355 |
| Advertising and promotion | $25,507 |
| Office expenses | $20,755 |
| Information technology | $16,891 |
| Royalties | $0 |
| Occupancy | $53,636 |
| Travel | $2,894 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,026 |
| Interest | $0 |
| Payments to affiliates | $1,965 |
| Depreciation, depletion, and amortization | $88,180 |
| Insurance | $3,570 |
| All other expenses | $213,718 |
| Total functional expenses | $1,189,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $191,428 |
| Savings and temporary cash investments | $1,003,131 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,032 |
| 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 | $2,506,493 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $38,464 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,757,548 |
| Accounts payable and accrued expenses | $6,665 |
| Grants payable | $0 |
| Deferred revenue | $173,800 |
| 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 | $0 |
| Total liabilities | $180,465 |
| Net assets without donor restrictions | $3,577,083 |
| 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 | $3,757,548 |