Home Builders Association Of Midwest Georgia Inc
- Assets
- $224.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Fayetteville, GA
- Founding
- 08/1976
- Data as of
- 08/2022
- EIN
- 58-1200156
Organization Overview
Home Builders Association Of Midwest Georgia Inc is located in Fayetteville, GA. The organization was established in 1976. 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 Midwest Georgia 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 08/2022, Home Builders Association Of Midwest Georgia Inc generated $122.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $144.0k during the year ending 08/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED QUARTERLY NEWSLETTERS TO MEMBERSHIP AND ANNUAL MEMBERSHIP DIRECTORY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paige Hughes Executive Dir. | 0 | $0 | |
Pete Waldrop President | 0 | $0 | |
Kim Waldrop Treasurer | 0 | $0 | |
Chris Bailey Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,259 |
| Total Program Service Revenue | $0 |
| Membership dues | $65,470 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $387 |
| Total Revenue | $122,116 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $70,310 |
| Professional fees and other payments to independent contractors | $28,198 |
| Occupancy, rent, utilities, and maintenance | $5,184 |
| Printing, publications, postage, and shipping | $189 |
| Other expenses | $40,122 |
| Total expenses | $144,003 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,198 |
| Other assets | $0 |
| Total assets | $223,967 |
| Total liabilities | $165,906 |
| Net assets or fund balances | $58,061 |
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