Home Builders Association Of Greater Cincinnati is located in Cincinnati, OH. The organization was established in 0000. 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 12/2023, Home Builders Association Of Greater Cincinnati employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Builders Association Of Greater Cincinnati 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 Association Of Greater Cincinnati generated $546.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $637.3k during the year ending 12/2023. 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
TO PROMOTE THE HOME BUILDING INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICES PROVIDE A FORUM FOR NETWORKING AND THE EXCHANGE OF IDEAS AMONG THE MEMBERS OF THE GREATER CINCINNATI AREA RESIDENTIAL CONSTRUCTION COMMUNITY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Stroup Board Chair | OfficerTrustee | 2 | $0 |
Mark Meinhardt Presidential Appt. | Trustee | 2 | $0 |
Alan Schmidt Jr Director | Trustee | 2 | $0 |
Jim Obert Director | Trustee | 2 | $0 |
Scott Lucke Director | Trustee | 2 | $0 |
John Cowan President | OfficerTrustee | 2 | $0 |
| 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 | $406,297 |
| Investment income | $76,813 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$10,684 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $546,256 |
| 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. | $154,660 |
| Compensation of current officers, directors, key employees. | $30,932 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $75,858 |
| Pension plan accruals and contributions | $15,058 |
| Other employee benefits | $1,463 |
| Payroll taxes | $33,432 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,800 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,362 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,166 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $63,796 |
| Travel | $3,138 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $330 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,579 |
| Insurance | $41,619 |
| All other expenses | $50,510 |
| Total functional expenses | $637,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $786 |
| Savings and temporary cash investments | $80,548 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $57,357 |
| 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 | $23,955 |
| Net Land, buildings, and equipment | $5,322 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,103,198 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,271,166 |
| Accounts payable and accrued expenses | $70,462 |
| Grants payable | $0 |
| Deferred revenue | $190,071 |
| 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 | $260,533 |
| 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 | $3,010,633 |
| Total liabilities and net assets/fund balances | $3,271,166 |