Home Builders Association Of Greater Cincinnati
- Assets
- $4.2m
- Revenue
- $615.9k
- Investments
- $3.7m
- Employees
- 6
- Location
- Cincinnati, OH
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 31-0509078
Organization Overview
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 12/2021, 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 12/2021, Home Builders Association Of Greater Cincinnati generated $615.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $691.2k during the year ending 12/2021. 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 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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Dressman Executive Director- Currently Retired | Trustee | 40 | $129,952 |
Karen Pfeiffer Staff Liaison | Trustee | 40 | $113,966 |
Dave Stroup President | OfficerTrustee | 2 | $0 |
Thomas Ackermann Chairman Of The Board | OfficerTrustee | 2 | $0 |
John Cowan 1st Vice President / Trea | OfficerTrustee | 2 | $0 |
Greg Berling 2nd Vice President/sec. | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $89,195 |
| 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 | $89,195 |
| Total Program Service Revenue | $377,962 |
| Investment income | $169,660 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $42,226 |
| Net Income from Fundraising Events | -$68,877 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $615,926 |
| 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. | $110,094 |
| Compensation of current officers, directors, key employees. | $22,019 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $156,959 |
| Pension plan accruals and contributions | $18,202 |
| Other employee benefits | $270 |
| Payroll taxes | $37,714 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,420 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $24,819 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,711 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $58,828 |
| Travel | $6,305 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,323 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,179 |
| Insurance | $67,471 |
| All other expenses | $64,882 |
| Total functional expenses | $691,221 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $792 |
| Savings and temporary cash investments | $98,777 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $355,741 |
| 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 | $71,991 |
| Net Land, buildings, and equipment | $15,063 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,664,423 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,206,787 |
| Accounts payable and accrued expenses | $88,683 |
| Grants payable | $0 |
| Deferred revenue | $751,484 |
| 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 | $840,167 |
| 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 | $3,366,620 |
| Total liabilities and net assets/fund balances | $4,206,787 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sigma Kappa National Housing Corp Carmel, IN | $43,130,448 | $13,889,510 |
Pennsylvania Association Of Realtors Lemoyne, PA | $15,365,413 | $8,876,616 |
Michigan Association Of Realtors Lansing, MI | $19,860,076 | $8,510,169 |
Ncr Permanent Supportive Housing Services Columbus, OH | $1,083,580 | $3,750,961 |
Association Of College And University Housing Officers - Inte Columbus, OH | $6,244,515 | $3,516,112 |
Michigan Manufactured Housing Rv And Campground Association Okemos, MI | $4,347,878 | $2,091,544 |
National Church Residences Columbus, OH | $7,958,105 | $2,396,850 |
Greater Louisville Association Of Realtors Inc Louisville, KY | $9,529,127 | $1,361,558 |
Michigan Association Of Home Builders Lansing, MI | $1,275,641 | $1,128,395 |
Montgomery County Association Of Realtors Inc Malvern, PA | $0 | $967,962 |
Home Builders Association Of Greater Cincinnati Cincinnati, OH | $4,206,787 | $615,926 |
Ohio Home Builders Association Columbus, OH | $1,027,645 | $505,320 |