Home Builders Assn Of Metropolitan Portland
- Assets
- $4.1m
- Revenue
- $3.4m
- Investments
- $100.0
- Employees
- 97
- Location
- Lake Oswego, OR
- Founding
- 01/1945
- Data as of
- 11/2023
- EIN
- 93-0256955
Organization Overview
Home Builders Assn Of Metropolitan Portland is located in Lake Oswego, OR. The organization was established in 1945. 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 11/2023, Home Builders Assn Of Metropolitan Portland employed 97 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Builders Assn Of Metropolitan Portland 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 11/2023, Home Builders Assn Of Metropolitan Portland generated $3.4m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $3.6m during the year ending 11/2023. While expenses have increased by 2.3% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSES OF THE ASSOCIATION ARE TO REPRESENT THE PORTLAND METROPOLITAN AREA HOME BUILDING INDUSTRY, TO SERVE THE PUBLIC BY PROMOTING EDUCATIONAL PROGRAMS AND TO CONTINUOUSLY IMPROVE THE ETHICAL STANDARDS OF THE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHOWS: THE ORGANIZATION OF VARIOUS SHOWS DEMONSTRATING THE PRODUCTS AND SERVICES OF THE ASSOCIATION MEMBERS (STREET OF DREAMS, HOME AND GARDEN SHOW, TOUR OF REMODELED HOMES AND THE ULTIMATE OPEN HOUSE.
BUSINESS DEVELOPMENT: COORDINATE VARIOUS NETWORKING AND MARKETING OPPORTUNITIES FOR MEMBERS TO CREATE AN ENVIRONMENT THAT ALLOWS THEM TO DEVELOP AND PROMOTE THEIR BUSINESSES. INDUSTRY VISIBILITY: ENSURE THE ISSUES AND POSITIVE CONTRIBUTIONS OF THE HOUSING INDUSTRY AND OUR MEMBERSHIP ARE EFFECTIVELY PROMOTED IN THE PORTLAND AREA. BUSINESS BENEFITS: DEVELOP AND/OR PARTNER WITH PROVIDERS OF PROGRAMS, SERVICES AND PRODUCTS THAT WILL PROVIDE BENEFITS TO OUR MEMBERS.
CONTINUING EDUCATION CLASSES, SEMINARS, WORKSHOPS AND CERTIFICATION PROGRAMS AIMED AT EDUCATING AND ADVANCING THE KNOWLEDGE, WORK PRODUCT, SAFETY AND PROFESSIONALISM OF ASSOCIATION MEMBERS AND THE INDUSTRY.
INDUSTRY REPRESENTATION: PROVIDE A PRESENSE AT LOCAL, COUNTY AND METRO GOVERNMENTS TO HELP REPRESENT THE INTERESTS OF THE INDUSTRY AND HOUSING IN GENERAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Nielsen CEO | Officer | 40 | $247,608 |
David Rice COO | Officer | 40 | $118,413 |
Rachel Trice Membership/m | Officer | 40 | $118,532 |
See Attached Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $809,524 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,175 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $826,699 |
| Total Program Service Revenue | $2,594,780 |
| Investment income | $18,001 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,157 |
| 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 | -$93,851 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,373,315 |
| 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. | $408,518 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $542,651 |
| Pension plan accruals and contributions | $32,565 |
| Other employee benefits | $83,099 |
| Payroll taxes | $93,337 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $336,746 |
| Office expenses | $15,181 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,582 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $94,820 |
| Insurance | $29,070 |
| All other expenses | $1,015,758 |
| Total functional expenses | $3,554,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $685,553 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $235,777 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,239 |
| Prepaid expenses and deferred charges | $64,529 |
| Net Land, buildings, and equipment | $1,922,282 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $100 |
| Investments—program-related | $0 |
| Intangible assets | $1,168,166 |
| Other assets | $0 |
| Total assets | $4,088,646 |
| Accounts payable and accrued expenses | $336,765 |
| Grants payable | $0 |
| Deferred revenue | $233,331 |
| 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 | $1,875,836 |
| Unsecured mortgages and notes payable | $140,000 |
| Other liabilities | $5,604 |
| Total liabilities | $2,591,536 |
| Net assets without donor restrictions | $1,497,110 |
| 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 | $4,088,646 |