Home Builders Association Of Saginaw Inc
- Assets
- $292.2k
- Revenue
- $191.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Saginaw, MI
- Founding
- 05/1981
- Data as of
- 12/2020
- EIN
- 38-1967490
Organization Overview
Home Builders Association Of Saginaw Inc is located in Saginaw, MI. The organization was established in 1981. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2020, Home Builders Association Of Saginaw Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Builders Association Of Saginaw 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 12/2020, Home Builders Association Of Saginaw Inc generated $191.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $207.2k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SERVE HOME BUILDING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION'S HOME SHOW WAS A HOME BUILDING TRADE SHOW SERVING SAGINAW COUNTY. DUE TO THE GLOBAL PANDEMIC THE HOME SHOW WAS POSTPONED TO A FUTURE DATE.
THE ASSOCIATION'S PARADE OF HOMES ALLOWED RESIDENTS OF THE COUNTY TO VIEW RECENTLY BUILT HOMES. IT IS A VALUABLE TOOL TO THE BUILDERS IN SHOWING THEIR SKILLS TO THE PUBLIC.
THE ASSOCIATION PRODUCES A DIRECTORY AND A NEWSLETTER FOR THE MEMBERS TO KEEP THEM INFORMED ON UPCOMING EVENTS AND LEGISLATION THAT AFFECT THE HOME BUILDING INDUSTRY.
HOME BUILDING MEMBERSHIP PROGRAM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Revette Executive Di | Officer | 40 | $56,426 |
Steven Zietz Immediate Pa | OfficerTrustee | 2 | $0 |
James Boufford Treasurer | OfficerTrustee | 2 | $0 |
Jeffrey Nicklyn Vice Preside | OfficerTrustee | 2 | $0 |
Michael Tribble Director | OfficerTrustee | 5 | $0 |
Michele Bueker President | OfficerTrustee | 2 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $176,606 |
| Investment income | $1,441 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $191,307 |
| 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. | $56,426 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,825 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,472 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $820 |
| Fees for services: Accounting | $5,035 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $17,525 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,466 |
| Travel | $664 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,794 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,202 |
| Insurance | $2,310 |
| All other expenses | $22,362 |
| Total functional expenses | $207,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,322 |
| Savings and temporary cash investments | $204,633 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $401 |
| 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 | $3,386 |
| Net Land, buildings, and equipment | $56,458 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $292,200 |
| Accounts payable and accrued expenses | $5,347 |
| Grants payable | $0 |
| Deferred revenue | $53,425 |
| 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 | $58,772 |
| Net assets without donor restrictions | $233,428 |
| 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 | $292,200 |
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