Home Builders Association Of Southside Virginia Inc is located in Petersburg, VA. The organization was established in 1977. 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 12/2023, Home Builders Association Of Southside Virginia 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 Southside Virginia 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 12/2023, Home Builders Association Of Southside Virginia Inc generated $4.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (28.4%) each year. All expenses for the organization totaled $29.4k during the year ending 12/2023. 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
MAINTAINED HIGH PROFESSIONAL STANDARDS IN THE CONSTRUCTION INDUSTRY, SERVICED ITS MEMBER FIRMS AND THE GENERAL PUBLIC WITH VARIOUS EDUCATIONAL MEETINGS AND OPPORTUNITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Comstock President | 1 | $0 | |
James Adkins Director | 1 | $0 | |
Jeff Camden Secretary | 1 | $0 | |
Horace Wilkins Director | 1 | $0 | |
Larry Murphy Vice President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100 |
| Total Program Service Revenue | $1,304 |
| Membership dues | $2,111 |
| Investment income | $950 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,465 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $25 |
| Occupancy, rent, utilities, and maintenance | $17,928 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,399 |
| Total expenses | $29,352 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $251 |
| Other assets | $0 |
| Total assets | $3,436 |
| Total liabilities | $55,740 |
| Net assets or fund balances | -$52,304 |