Builders Association Of Central Mass
- Assets
- $79.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Worcester, MA
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 04-2108744
Organization Overview
Builders Association Of Central Mass, operating under the name Home Builders & Remodelers Ass, is located in Worcester, MA. The organization was established in 0000. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Home Builders & Remodelers Ass employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Builders & Remodelers Ass 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 12/2023, Home Builders & Remodelers Ass generated $114.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $143.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE INFORMATION, EDUCATION, AND TECHNICAL EXPERTISE IN THE FIELD OF HOME BUILDING TO ASSOCIATION MEMBERS, AND THE GENERAL PUBLIC. PROGRAMS INCLUDE HOME EXPO SHOWS, BUILDER LICENSING COURSES AND BUSINESS TO BUSINESS DIRECTORY.
Describe the Organization's Program Activity:
Part 3
PROFESSIONAL TRAINING SEMINARS FOR BUILDERS
BUSINESS TO BUSINESS DIRECTORY
SPRING & FALL HOME EXPO SHOW
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Cole President | 1 | $0 | |
Carl Foley Director | 1 | $0 | |
Mark Herlihy Treasurer | 1 | $0 | |
Guy Webb Secretary | 1 | $0 | |
David Fine Director | 1 | $0 | |
Mark Durrenberger 1st VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,315 |
| Total Program Service Revenue | $59,381 |
| Membership dues | $43,217 |
| Investment income | $129 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $114,042 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,120 |
| Professional fees and other payments to independent contractors | $63,602 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $77,644 |
| Total expenses | $143,366 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,802 |
| Other assets | $0 |
| Total assets | $79,802 |
| Total liabilities | $250 |
| Net assets or fund balances | $79,552 |