Building Industry Association Of Central Ohio Inc
- Assets
- $1.6m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 6
- Location
- Columbus, OH
- Founding
- 01/1951
- Data as of
- 12/2022
- EIN
- 31-4366381
Organization Overview
Building Industry Association Of Central Ohio Inc is located in Columbus, OH. The organization was established in 1951. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Building Industry Association Of Central Ohio Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Industry Association Of Central Ohio Inc 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 12/2022, Building Industry Association Of Central Ohio Inc generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SPONSOR EDUCATIONAL PROGRAMS AND SPECIAL ACTIVITIES RELATING TO THE CONSTRUCTION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARADE OF HOMES - THE BUILDING INDUSTRY ASSOCIATION PARADE OF HOMES WAS STARTED IN 1951 AS A WAY TO INTRODUCE NEW HOMEBUILDING, INTERIOR DESIGN AND LANDSCAPING OPTIONS TO CONSUMERS. THIS PROGRAM IS BIA'S ANNUAL SUMMER EVENT EXHIBITING THE LATEST TRENDS AND PRODUCTS IN HOME BUILDING AND INTERIOR DESIGN AND SHOWCASES LOCAL BUILDERS' HOMES.
THE BUILDING INDUSTRY ASSOCIATION OFFERS A VARIETY OF OTHER PROGRAMS TO PROMOTE AND ADVANCE THE BUILDING INDUSTRY. THESE PROGRAMS INCLUDE A VARIETY OF EDUCATIONAL SEMINARS FOR MEMBERS, THE BUILDER INSIDER, WHICH PROMOTES AREA BUILDERS, LISTING MEMBERS EACH TIME THEY RENEW THEIR MEMBERSHIP. IT IS PUBLISHED 7 TIMES PER YEAR (BI MONTHLY WITH AN EXTRA ISSUE TO COVER THE PARADE OF HOMES) AND CONTAINS ARTICLES RELATING TO THE RESIDENTIAL CONSTRUCTION INDUSTRY.
CONDOQUEST - CONDOQUEST IS A FREE SCATTERED SITE SHOW THAT FEATURES CONDOMINIUMS, PATIO HOMES, AND TOWNHOMES AS WELL AS MID-RISE AND HIGH-RISE CONDOMINIUM PROJECTS THROUGHOUT CENTRAL OHIO. THIS PROGRAM ALLOWS CONSUMERS TO EXPERIENCE AND LEARN MORE ABOUT THE TRENDS AND WHAT BUILDERS CAN OFFER IN TERMS OF CONDOMINIUMS IN CENTRAL OHIO.
NETWORKING NIGHT - NETWORKING NIGHT IS THE BUILDING INDUSTRY ASSOCIATIONS ANNUAL BUILDING INDUSTRY ASSOCIATION TRADE SHOW FOR BIA MEMBERS THAT BRINGS BIA MEMBERS TOGETHER TO NETWORK, LEARN WHAT DIFFERENT MEMBERS OFFER, AND TO ALLOW MEMBERS TO PROMOTE THEIR PRODUCTS AND SERVICES TO EACH OTHER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Yokham President | OfficerTrustee | 1 | $0 |
Jane Arthur Roslovic Sr. Vice President | OfficerTrustee | 1 | $0 |
Josh Barkan Builder Vice President | OfficerTrustee | 1 | $0 |
Jeff Yates Immediate Past President | OfficerTrustee | 1 | $0 |
Mike Reeves Associate Vice President | OfficerTrustee | 1 | $0 |
Troy Fritz Treasurer | Trustee | 1 | $0 |
Financial Statements
| 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 | $20,660 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,660 |
| Total Program Service Revenue | $1,018,516 |
| Investment income | $20,887 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,163 |
| Net Income from Fundraising Events | $17,070 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,085,296 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $374,032 |
| Pension plan accruals and contributions | $12,134 |
| Other employee benefits | $48,117 |
| Payroll taxes | $32,864 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,351 |
| Fees for services: Accounting | $43,495 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,519 |
| Advertising and promotion | $0 |
| Office expenses | $5,908 |
| Information technology | $23,978 |
| Royalties | $0 |
| Occupancy | $94,061 |
| Travel | $11,311 |
| 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 | $12,324 |
| Insurance | $4,314 |
| All other expenses | $78,739 |
| Total functional expenses | $1,007,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $415,047 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $44,193 |
| 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 | $17,110 |
| Net Land, buildings, and equipment | $31,838 |
| Investments—publicly traded securities | $1,014,518 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $113,205 |
| Total assets | $1,635,911 |
| Accounts payable and accrued expenses | $2,095 |
| Grants payable | $0 |
| Deferred revenue | $276,244 |
| 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 | $278,339 |
| Net assets without donor restrictions | $1,261,081 |
| Net assets with donor restrictions | $96,491 |
| 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 | $1,635,911 |