Home Builders Association Of St Louis And Eastern Missouri
- Assets
- $3.5m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 17
- Location
- St Louis, MO
- Founding
- 06/1942
- Data as of
- 10/2020
- EIN
- 43-0199685
Organization Overview
Home Builders Association Of St Louis And Eastern Missouri is located in St Louis, MO. The organization was established in 1942. 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 10/2020, Home Builders Association Of St Louis And Eastern Missouri employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Builders Association Of St Louis And Eastern Missouri 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 10/2020, Home Builders Association Of St Louis And Eastern Missouri generated $2.8m 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 (3.8%) each year. All expenses for the organization totaled $2.9m during the year ending 10/2020. As we would expect to see with falling revenues, expenses have declined by (2.6%) 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
THE HBA EMPOWERS MEMBERS TO SUCCEED BY WORKING TOWARD COMMON SENSE BUILDING REGULATIONS, PROVIDING NETWORKING AND EDUCATIONAL OPPORTUNITIES, AND USING ITS POWER IN NUMBERS TO KEEP THE HOUSING MARKET STRONG.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENT THE BUILDERS AND OTHER SEGMENTS OF THE BUILDING INDUSTRY IN THE DESIGNATED GEOGRAPHIC AREAS OF THE ASSOCIATION THROUGH COMMITTEES, CONFERENCES, SEMINARS, SPECIAL MEETINGS, ETC. AT OCTOBER 31, 2020 THERE WERE 612 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Celeste Banks-Rueter Executive Vice President | OfficerTrustee | 45 | $169,956 |
Tammy Ridgley Staff VP For Home Shows | 45 | $121,202 | |
Tammy Kohlenberger Chief Financial Officer | Officer | 45 | $118,047 |
Bill Wannstedt President | OfficerTrustee | 1.5 | $0 |
Jeremy Roth First Vice President | OfficerTrustee | 1.5 | $0 |
Deanna Helfer Associates Vice President | OfficerTrustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $82,431 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $59,474 |
| Net Gain/Loss on Asset Sales | $36,492 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,766,865 |
| Statement of Expenses | |
|---|---|
| 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. | $324,377 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $876,139 |
| Pension plan accruals and contributions | $28,300 |
| Other employee benefits | $114,485 |
| Payroll taxes | $11,960 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,502 |
| Fees for services: Accounting | $19,200 |
| Fees for services: Lobbying | $100,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,270 |
| Fees for services: Other | $3,054 |
| Advertising and promotion | $0 |
| Office expenses | $70,592 |
| Information technology | $157,791 |
| Royalties | $0 |
| Occupancy | $54,045 |
| Travel | $3,758 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $948,237 |
| Interest | $0 |
| Payments to affiliates | $108,943 |
| Depreciation, depletion, and amortization | $23,815 |
| Insurance | $20,748 |
| All other expenses | $0 |
| Total functional expenses | $2,945,108 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,451 |
| Savings and temporary cash investments | $134,085 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,737 |
| 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 | $73,753 |
| Investments—publicly traded securities | $2,648,064 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,455,460 |
| Accounts payable and accrued expenses | $40,688 |
| Grants payable | $0 |
| Deferred revenue | $249,368 |
| 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 | $465,478 |
| Total liabilities | $755,534 |
| 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 |
| Total liabilities and net assets/fund balances | $2,699,926 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Rental Association Moline, IL | $60,063,193 | $21,216,984 |
Home Builders Association Of St Louis And Eastern Missouri St Louis, MO | $3,455,460 | $2,766,865 |
Kansas Association Of Realtors Topeka, KS | $4,463,853 | $2,571,863 |
Home Builders Association Of Greater Kansas City Kansas City, MO | $3,251,651 | $2,025,305 |
Greater Louisville Association Of Realtors Inc Louisville, KY | $9,529,127 | $1,361,558 |
Nebraska Realtors Association Lincoln, NE | $2,783,155 | $1,717,421 |
Capital Area Association Of Realtors Springfield, IL | $1,975,418 | $1,191,335 |
Williamson County Association Of Realtors Brentwood, TN | $3,282,079 | $1,254,397 |
Realtor Association Of Southwestern Illinois Belleville, IL | $873,858 | $852,796 |
Oklahoma State Home Builders Association Oklahoma City, OK | $1,812,093 | $666,363 |
Tennessee Manufactured Housing Association Mt Juliet, TN | $3,435,002 | $966,909 |
National Association Of Real Estate Boards Fort Smith Board Of Realtor Fort Smith, AR | $1,802,184 | $815,571 |