National Association Of Home Builders Of The United States is located in Washington, DC. The organization was established in 1997. 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 12/2021, National Association Of Home Builders Of The United States employed 227 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Home Builders Of The United States 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, National Association Of Home Builders Of The United States generated $47.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $57.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) 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
TO PROMOTE THE HOUSING INDUSTRY BY PROVIDING INFORMATION TO ITS MEMBERS THROUGH CONVENTIONS AND PUBLICATIONS CONCERNING INNOVATIVE PRODUCTS, CONSUMER GROWTH PATTERNS AND TRENDS, AND CURRENT LEGISLATION PERTAINING TO THE HOUSING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCACY:ADVOCACY ON BEHALF OF MEMBERS, THE HOUSING INDUSTRY AND HOUSING CONSUMERS IS ONE OF NAHB'S MOST IMPORTANT ACTIVITIES.AS THE NATION'S LEADING HOUSING ADVOCATE, NAHB STRIVES TO PROMOTE POLICIES THAT WILL KEEP HOUSING A NATIONAL PRIORITY. IN PARTICULAR, THE ASSOCIATION WORKS TO ENHANCE THE BUSINESS CLIMATE FOR HOUSING AND HOME BUILDING AND TO ENSURE THAT ALL CONSUMERS HAVE ACCESS TO THE HOUSING OF THEIR CHOICE. NAHB ACHIEVES THESE IMPORTANT GOALS BY ACTIVELY PARTICIPATING IN THE LEGISLATIVE PROCESS AND WORKING WITH LAWMAKERS TO ENACT LEGISLATION THAT PROMOTES HOUSING AND SERVES MEMBERS' INTERESTS.NAHB WORKS WITH REGULATORY AGENCIES AND CONSTRUCTION CODE ORGANIZATIONS TO ENSURE THAT POLICIES AND REGULATIONS ARE IMPLEMENTED APPROPRIATELY, AND THESE POLICIES AND REGULATIONS REFLECT HOUSING'S IMPORTANCE TO THE NATION AND DO NOT ADD UNNECESSARILY TO THE COST OF PRODUCING OR PURCHASING NEW HOMES. ADDITIONALLY, NAHB'S LITIGATION PROGRAM PROMOTES NAHB'S AND ITS MEMBERS' INTERESTS IN OUR NATION'S COURTS AT BOTH THE FEDERAL AND STATE LEVELS. NAHB'S LEGAL ADVOCACY CHALLENGES REGULATORY AGENCIES TO DEFEND THEIR RULES, REGULATIONS, AND POLICIES IN STATE AND FEDERAL COURTS. THESE EFFORTS CAN LEAD TO POSITIVE RESULTS IN THE FORM OF COURT VICTORIES OR SETTLEMENTS FAVORABLE TO NAHB AND THE INDUSTRY.THESE EFFORTS HELP CONSUMERS BY INCREASING THE SUPPLY AND REDUCING THE COST OF HOUSING.
MEMBER SERVICES AND EDUCATION: EDUCATION IS AT THE VERY CORE OF NAHB'S MISSION. NAHB PROVIDES A WIDE RANGE OF EDUCATIONAL PROGRAMS INCLUDING WORKSHOPS, CONFERENCES, ONLINE LEARNING OPPORTUNITIES AND TRADE SHOWS. NAHB DEVELOPS EDUCATIONAL CONTENT, HOSTS GATHERINGS TO OFFER ON-SITE EDUCATIONAL EXPERIENCES AND DISTRIBUTES EDUCATIONAL PRODUCTS, MODELS AND MATERIALS THROUGH LOCAL HOME BUILDERS ORGANIZATIONS AND RELATED INDUSTRY ENTITIES. IN ADDITION, NAHB OFFERS A NUMBER OF PROFESSIONAL DESIGNATION PROGRAMS INTENDED TO ADD SUBJECT MATTER EXPERTISE TO PROFESSIONALS SPECIALIZING IN SPECIFIC ASPECTS OF HOME BUILDING.MANY OTHER BUSINESS-RELATED SERVICES ARE ALSO AVAILABLE TO MEMBERS. THEY FOCUS ON SUCH ISSUES AS BUSINESS MANAGEMENT, TECHNICAL ISSUES AND JOB SITE SAFETY CONCERNS.
EXHIBITIONS AND MEETINGS:NAHB PRODUCES THE INTERNATIONAL BUILDERS' SHOW(R) (IBS), THE NATION'S LARGEST RESIDENTIAL AND LIGHT CONSTRUCTION BUILDING INDUSTRY TRADE SHOW, WITH TENS OF THOUSANDS OF ATTENDEES AND HUNDREDS OF THOUSANDS OF SQUARE FEET OF EXHIBIT SPACE. THE IBS IS THE PREMIER EVENT SERVING THE HOME BUILDING INDUSTRY. THE SHOW FEATURES MORE THAN 120 EDUCATIONAL PROGRAMS AND ACRES OF EXHIBITS OF INNOVATIVE PRODUCTS. THE IBS ALSO PROVIDES OUTSTANDING NETWORKING OPPORTUNITIES FOR ATTENDEES, AND PROGRAMS THAT FOCUS ON THE TRENDS AND ISSUES THAT WILL BECOME DRIVING FORCES IN THE HOME BUILDING INDUSTRY.
ECONOMICS AND HOUSING POLICY:NAHB MONITORS HOUSING INDUSTRY TRENDS AND CONSUMER DEMOGRAPHICS, CONDUCTS SURVEYS AND PUBLISHES RESEARCH TO HELP MEMBERS BETTER UNDERSTAND THE DYNAMICS OF THE HOUSING MARKET AND MAXIMIZE THEIR OPPORTUNITIES FOR SUCCESS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gerald Howard President & CEO | Officer | 37.4 | $2,067,876 |
James Rizzo Evp-Chief Legal Officer | Officer | 37.49 | $567,511 |
Brett Diggs Evp-Chief Of Staff | Officer | 37.5 | $548,402 |
James Tobin Evp-Gov Affairs & Chief Lobbyist | Officer | 37.5 | $529,163 |
Eileen Ramage Evp, Treasurer And CFO | Officer | 37.49 | $506,209 |
Deborah Malone Chief Operating Officer | Officer | 37.5 | $442,179 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Moody & Associates Inc Insurance Services | 12/30/21 | $452,103 |
1rivet Printing & Mailing Services | 12/30/21 | $323,167 |
Velir Studios Inc Application/web Development | 12/30/21 | $524,791 |
Tray Inc Printing & Mailing Services | 12/30/21 | $433,151 |
Baker & Hostetler Llp Legal Services | 12/30/21 | $393,902 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,949,907 |
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 | $2,949,907 |
Total Program Service Revenue | $34,233,430 |
Investment income | $2,603,803 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $4,081,457 |
Net Rental Income | $332,201 |
Net Gain/Loss on Asset Sales | $2,827,745 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $47,272,832 |
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. | $8,008,150 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $21,190,971 |
Pension plan accruals and contributions | $1,724,012 |
Other employee benefits | $3,290,601 |
Payroll taxes | $2,230,826 |
Fees for services: Management | $28,806 |
Fees for services: Legal | $869,123 |
Fees for services: Accounting | $135,169 |
Fees for services: Lobbying | $253,310 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $181,788 |
Fees for services: Other | $251,056 |
Advertising and promotion | $803,100 |
Office expenses | $1,327,641 |
Information technology | $2,173,900 |
Royalties | $38,212 |
Occupancy | $5,030,884 |
Travel | $681,188 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,088,441 |
Interest | $3,988 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,249,884 |
Insurance | $235,684 |
All other expenses | $869,006 |
Total functional expenses | $57,316,057 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,246,290 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $6,344,116 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $180,730 |
Prepaid expenses and deferred charges | $4,866,924 |
Net Land, buildings, and equipment | $2,873,699 |
Investments—publicly traded securities | $76,704,406 |
Investments—other securities | $15,743,869 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,221,565 |
Total assets | $117,181,599 |
Accounts payable and accrued expenses | $9,841,633 |
Grants payable | $0 |
Deferred revenue | $42,214,750 |
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 | $23,518,843 |
Total liabilities | $75,575,226 |
Net assets without donor restrictions | $41,606,373 |
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 | $117,181,599 |
Over the last fiscal year, National Association Of Home Builders Of The United States has awarded $103,214 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Washington, DC PURPOSE: OPERATIONAL ASSISTANCE | $82,677 |
Washington, DC PURPOSE: OPERATIONAL ASSISTANCE | $20,537 |
Over the last fiscal year, we have identified 1 grants that National Association Of Home Builders Of The United States has recieved totaling $94,000.
Awarding Organization | Amount |
---|---|
National Housing Endowment A Nonprofit Corporation Washington, DC PURPOSE: EDUCATION | $94,000 |
Organization Name | Assets | Revenue |
---|---|---|
National Association Of Home Builders Of The United States Washington, DC | $117,181,599 | $47,272,832 |
National Apartment Association Arlington, VA | $36,578,270 | $34,472,867 |
Leadingage Inc Washington, DC | $34,986,280 | $17,783,069 |
National Housing Center Corp Washington, DC | $55,551,825 | $8,807,162 |
National American Indian Housing Council Washington, DC | $5,348,139 | $3,809,714 |
National Association Of Residential Property Managers Chesapeake, VA | $7,197,610 | $3,141,683 |
Public Housing Authorities Directors Association Washington Dc, DC | $6,101,461 | $2,791,595 |
Association Of Foreign Investors In Real Estate Washington, DC | $2,165,663 | $2,052,109 |
Stewards Of Affordable Housing For The Future Washington, DC | $4,750,399 | $3,265,921 |
Nahma Inc Alexandria, VA | $1,371,765 | $1,737,919 |
National Housing Rehabilitation Association Washington, DC | $1,764,260 | $1,317,747 |
National Association Of Affordable Housing Lenders Washington, DC | $2,812,114 | $1,286,795 |