HOME BUILDERS AND REMODELERS ASSOCIATION OF MASSACHUSETTS INC (EIN 042446663) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1959

Legal Domicile

Principal Officer

SUSAN KADILAK

Phone

6177733305

Tax Period

2025-01-01 to 2025-12-31

HOME BUILDERS AND REMODELERS ASSOCIATION OF MASSACHUSETTS INC, founded in 1959, is a small nonprofit that reported $277K in total revenue in fiscal year 2025. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $333K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO RESPONSIBLY PROMOTE AND EXPAND HOUSING OPPORTUNITIES FOR ALL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $162,471

Program Service Revenue $96,325

Investment Income $3,887

Other Revenue $14,070

TOTAL REVENUE $276,753

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $60,176

Fundraising Expenses $0

Program Expenses $267,081

Other Expenses $271,337

TOTAL EXPENSES $332,513

Year-over-Year Comparison

	2025	2024	Change
Revenue	$276,753	$372,429	-0.3%
Expenses	$332,513	$333,773	0.0%
Net Income	$-55,760	$38,656	-2.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$60,176

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID O'SULLIVAN	PRESIDENT, NAHB REP	20.00	Officer Director	$0	$0	$0
MIKE DUFFANY	IMMEDIATE PAST PRESIDENT	10.00	Officer Director	$0	$0	$0
SUSAN KADILAK	PRESIDENT-ELECT	10.00	Officer Director	$0	$0	$0
MATTHEW TEAGUE	1ST VICE CHAIR, TREASURER	10.00	Officer Director	$0	$0	$0
JASON DENONCOURT	VICE PRESIDENT, SECRETARY	10.00	Officer Director	$0	$0	$0
MICHAEL TRAVALINE	GAC CHAIR	10.00	Director	$0	$0	$0
EMERSON J CLAUSS III	DIRECTOR	2.00	Director	$0	$0	$0
JEFFREY BREM	DIRECTOR	2.00	Director	$0	$0	$0
DAVE HAZEL	DIRECTOR	2.00	Director	$0	$0	$0
LAUREN AMUZZINI	DIRECTOR	2.00	Director	$0	$0	$0
UGO DIBIASE	DIRECTOR	2.00	Director	$0	$0	$0
LORI LOUGHLIN	DIRECTOR	2.00	Director	$0	$0	$0
JACK STEVENSON	DIRECTOR	2.00	Director	$0	$0	$0
TONY CHIARELLI	DIRECTOR	2.00	Director	$0	$0	$0
BRUCE LIBBY	DIRECTOR	2.00	Director	$0	$0	$0
TOM SILVA	DIRECTOR	2.00	Director	$0	$0	$0
MIKE CURRAN	DIRECTOR	2.00	Director	$0	$0	$0
CAROL MYOTT	DIRECTOR	2.00	Director	$0	$0	$0
LARRY KADY	DIRECTOR	2.00	Director	$0	$0	$0
KATHY DEMEYER	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW ANDERSON	DIRECTOR	2.00	Director	$0	$0	$0
APRIL DUCOTT	DIRECTOR	2.00	Director	$0	$0	$0
MARK KABLACK	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH LANDERS	EXECUTIVE OFFICER	40.00	Officer	$60,176	$0	$60,176

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$276,753	$332,513	$104,919	$-55,760
2024	$372,429	$333,773	$162,343	$38,656
2023	$397,915	$478,646	$179,031	$-80,731
2022	$521,501	$501,355	$206,596	$20,146
2021	$240,541	$241,598	$187,110	$-1,057
2020	$211,688	$226,120	$185,591	$-14,432
2019	$237,698	$262,363	$202,341	$-24,665

HOME BUILDERS AND REMODELERS ASSOCIATION OF MASSACHUSETTS INC