Rocky Mount Area Home Builders Association Inc is located in Rocky Mount, NC. The organization was established in 1983. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rocky Mount Area Home Builders Association 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 12/2021, Rocky Mount Area Home Builders Association Inc generated $20.6k 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 (16.6%) each year. All expenses for the organization totaled $17.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.1%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
ASSOCIATION OF MEMBERS TO ENHANCE THE BUILDING INDUSTRYTHROUGH SOCIAL INTERACTION WITH VARIOUS SEGMENTS, TO MEETCHANGES IN INDUSTRY PRACTICE
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,589 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $60 |
| Total Revenue | $20,649 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,200 |
| Professional fees and other payments to independent contractors | $400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,811 |
| Total expenses | $17,411 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,335 |
| Other assets | $0 |
| Total assets | $9,335 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,335 |