Home Builders Assn Of Ames is located in Ames, IA. The organization was established in 1992. 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. Home Builders Assn Of Ames 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 Assn Of Ames generated $199.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $194.7k during the year ending 12/2023. While expenses have increased by 3.7% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
MONTHLY AND SPECIAL MEETINGS AND EVENTS TO KEEP MEMBERS UP TO DATE ON LOCAL ISSUES AFFECTING THE HOME BUILDING INDUSTRY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathon Schroeder Treasurer | 0 | $0 | |
Nathan Buss Past President | 0 | $0 | |
Jenna Fich 2nd V.P. | 0 | $0 | |
Dylan Kline President | 0 | $0 | |
Jake Hanson 1st V.P. | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,535 |
| Total Program Service Revenue | $122,338 |
| Membership dues | $0 |
| Investment income | $186 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $199,059 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,764 |
| Professional fees and other payments to independent contractors | $1,405 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $148,491 |
| Total expenses | $194,660 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,587 |
| Other assets | $0 |
| Total assets | $67,587 |
| Total liabilities | $0 |
| Net assets or fund balances | $67,587 |