Home Builders Association Of Western Maryland Inc is located in Cumberland, MD. The organization was established in 1964. 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 Association Of Western Maryland 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 Western Maryland Inc generated $8.2k 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 (26.5%) each year. All expenses for the organization totaled $25.7k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
PROMOTING THE REAL ESTATE TRADE IN THE CUMBERLAND AREA.
PROMOTING THE REAL ESTATE TRADE IN THE CUMBERLAND AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pam Mccusker President | 0 | $0 | |
Kevin Sines Treasurer | 0 | $0 | |
Rick Gornall Vice Preside | 0 | $0 | |
Patty Kunis Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $7,700 |
Investment income | $623 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$146 |
Other Revenue | $0 |
Total Revenue | $8,177 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $3,478 |
Professional fees and other payments to independent contractors | $4,800 |
Occupancy, rent, utilities, and maintenance | $3,004 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $14,409 |
Total expenses | $25,691 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $52,737 |
Other assets | $0 |
Total assets | $103,687 |
Total liabilities | $18,940 |
Net assets or fund balances | $84,747 |
Organization Name | Assets | Revenue |
---|---|---|
Building Owners & Managers Association International Washington, DC | $10,066,199 | $10,463,881 |
Pradera Corporation Philadelphia, PA | $3,527,505 | $9,032,798 |
Association Of Home Appliance Manufacturers Washington, DC | $12,645,555 | $8,881,319 |
Cecelia Housing Inc Bethesda, MD | $234,000 | $4,045,313 |
Kingstowne Residential Owners Corporation Alexandria, VA | $8,910,767 | $6,278,825 |
Burke Centre Conservancy Burke, VA | $14,310,013 | $6,077,723 |
The Fairness Project Washington, DC | $1,253,311 | $5,316,361 |
Aquia Harbour Property Owners Association Inc Stafford, VA | $11,909,044 | $4,683,038 |
Stone Ridge Association Inc Stone Ridge, VA | $6,806,491 | $4,345,999 |
Intellectual Property Owners Association Washington, DC | $8,094,765 | $4,784,749 |
Delaware Standardbred Owners Association Inc Dover, DE | $7,923,561 | $1,227,803 |
National Home Infusion Association Alexandria, VA | $2,376,501 | $3,671,992 |