West Texas Homebuilders Association Inc
- Assets
- $2.9m
- Revenue
- $990.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Lubbock, TX
- Founding
- 06/1985
- Data as of
- 12/2021
- EIN
- 75-1183851
Organization Overview
West Texas Homebuilders Association Inc is located in Lubbock, TX. The organization was established in 1985. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, West Texas Homebuilders Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Texas Homebuilders 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, West Texas Homebuilders Association Inc generated $990.3k 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 (4.0%) each year. All expenses for the organization totaled $915.1k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION AND EDUCATION OF LUBBOCK AREA BUILDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILDER SERVICES - WORK WITH LOCAL GOVERNMENT INSPECTORS, UTILITY COMPANIES, AND OTHERS WHOSE POLICIES AND PROCEDURES DIRECTLY AFFECT THE BUILDER. SEMINARS AND MEETINGS WHICH PROVIDE EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR MEMBERS. PROMOTION OF INDUSTRY IN THE PUBLIC SECTOR.
DEVELOPERS COUNCIL - THIS GROUP WORKS WITH LOCAL GOVERNMENT ON ZONING AND PLATTING ISSUES IN ADDITION TO PROMOTING MORE AFFORDABLE HOUSING FOR THE COMMUNITY.
REMODELERS & HOME IMPROVEMENT COUNCIL - THE COUNCIL PROVIDES CONSUMER RELATED HOME IMPROVEMENT SEMINARS AND SHOWS ALONG WITH UPHOLDING THE HIGHEST ETHICS OF THE REMODELING SEGMENT. ALSO PUBLISHES A MEMBERSHIP DIRECTORY FREE OF CHARGE TO THE PUBLIC.
PROFESSIONAL WOMEN IN BUILDING - THIS BODY OFFERS EDUCATIONAL PROGRAMS TO ELEMENTARY SCHOOLS ON SAFETY AT CONSTRUCTION SITES IN ADDITION TO AWARDING SCHOLARSHIPS TO COMMUNITY STUDENTS ENGAGED IN THE STUDY OF CONSTRUCTION RELATED FIELDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gena Godinez Executive Officer | Officer | 40 | $113,104 |
Robert Myers President | OfficerTrustee | 5 | $0 |
Keith Toogood Vice President | OfficerTrustee | 2 | $0 |
David Jordan Secretary/treasurer | OfficerTrustee | 2 | $0 |
Bryce Daniel Immediate Past President | OfficerTrustee | 2 | $0 |
Marinda Heinrich Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $40,256 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,256 |
| Total Program Service Revenue | $939,554 |
| Investment income | $4,384 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $6,100 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $990,294 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $33,625 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $113,104 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $105,873 |
| Pension plan accruals and contributions | $13,183 |
| Other employee benefits | $22,057 |
| Payroll taxes | $16,855 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,107 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,044 |
| Advertising and promotion | $6,088 |
| Office expenses | $47,838 |
| Information technology | $5,591 |
| Royalties | $0 |
| Occupancy | $29,905 |
| Travel | $26,820 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $363,606 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $87,798 |
| Insurance | $10,314 |
| All other expenses | $1,092 |
| Total functional expenses | $915,058 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $1,419,563 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $39,624 |
| 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 | $16,798 |
| Net Land, buildings, and equipment | $1,406,526 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,882,711 |
| Accounts payable and accrued expenses | $8,317 |
| Grants payable | $0 |
| Deferred revenue | $274,405 |
| 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 | $113,890 |
| Total liabilities | $396,612 |
| Net assets without donor restrictions | $930,258 |
| Net assets with donor restrictions | $1,555,841 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,882,711 |