Home Builders Association Of Southern Indiana Inc
- Assets
- $166.2k
- Revenue
- $273.5k
- Investments
- $0.0
- Employees
- 1
- Location
- New Albany, IN
- Founding
- 10/1958
- Data as of
- 12/2023
- EIN
- 35-1377507
Organization Overview
Home Builders Association Of Southern Indiana Inc, operating under the name Building & Development Association, is located in New Albany, IN. The organization was established in 1958. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building & Development Association 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, Building & Development Association generated $273.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $270.4k during the year ending 12/2023. While expenses have increased by 3.7% per year over the past 9 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 ORGANIZATION IS A LOCAL NON-PROFIT MEMBERSHIP ASSOCIATION DEDICATED TO SERVICING THE HOUSING INDUSTRY BY ADVANCING PROFESSIONAL GROWTH AND PROVIDING QUALITY, AFFORDABLE HOUSING FOR OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCE THE PARADE OF HOMES WHERE POTENTIAL HOME BUYERS MAY TOUR NEW HOMES AS A RESOURCE TO DETERMINE THE TYPE OF HOME THEY CAN PURCHASE AND TALK WITH VARIOUS BUILDERS.
GENERAL MEMBERSHIP MEETINGS TO BRING BUILDER MEMBERS AND ASSOCIATE MEMBERS TOGETHER TO CREATE A PLACE WHERE BUSINESS CAN BE CONDUCTED EASILY.
ASSIST THE COMMUNITY TO ENHANCE THE AREA AS A DESTINATION FOR NEW HOME BUYERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Sams Director | Trustee | 1 | $0 |
Ryan Hodskins Chariman | OfficerTrustee | 1 | $0 |
Mark Milliner Director | Trustee | 1 | $0 |
Garrett Smith Treasurer | OfficerTrustee | 1 | $0 |
Dave Miller Director | Trustee | 1 | $0 |
Greg Furnish Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $36,617 |
| Fundraising events | $22,150 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $90,784 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,551 |
| Total Program Service Revenue | $117,972 |
| Investment income | $2,714 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$14,021 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $273,481 |
| 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. | $91,001 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,550 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,998 |
| Office expenses | $9,795 |
| Information technology | $1,177 |
| Royalties | $0 |
| Occupancy | $9,171 |
| Travel | $1,276 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $685 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,164 |
| All other expenses | $0 |
| Total functional expenses | $270,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,440 |
| Savings and temporary cash investments | $67,714 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $166,154 |
| Accounts payable and accrued expenses | $12,840 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $12,840 |
| Net assets without donor restrictions | $153,314 |
| 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 | $166,154 |