HOME BUILDERS ASSOCIATION OF BERKS COUNTY

EIN: 231650655

TEMPLE, PA

Total Revenue
$128,099
Total Expenses
$166,038
Total Assets
$230,743
Net Assets
$118,034
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
PA
Principal Officer
CATHERINE SLOAN
Phone
6107778889
Tax Period
2024-01-01 to 2024-12-31

HOME BUILDERS ASSOCIATION OF BERKS COUNTY, founded in 1967, is a small nonprofit that reported $128K in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $166K exceeded revenue, resulting in a 30% operating deficit.

Mission

TO PROMOTE AND PROTECT THE CONCEPT OF HOME OWNERSHIP, AND TO ASSURE THAT THE BEST HOUSING POSSIBLE IS AVAILABLE TO BERKS COUNTY RESIDENTS.

Program Service Accomplishments

Program 1

HOME BUILDERS SHOW PRESENTED IN READING, PA. SHOWS ARE OPEN TO THE GENERAL PUBLIC. THESE SHOWS ALLOW BUILDER AND ASSOCIATE MEMBERS TO SET UP DISPLAYS TO SHOWCASE THEIR PRODUCTS AND SERVICES.

Program 2

SPONSOR STUDENT CHAPTERS OF THE NATIONAL ASSOCIATION OF HOME BUILDERS AT THE LOCAL CAREER AND TECHNOLOGY CENTERS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $93,629
Program Service Revenue $20,641
Investment Income $8,747
Other Revenue $5,082
TOTAL REVENUE $128,099

Expense Breakdown

Grants Paid $0
Salaries & Benefits $65,484
Fundraising Expenses $0
Other Expenses $100,554
TOTAL EXPENSES $166,038

Year-over-Year Comparison

2024 2023 Change
Revenue $128,099 $332,178 -0.6%
Expenses $166,038 $155,604 +0.1%
Net Income $-37,939 $176,574 -1.2%
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

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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
15

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
4
$60,000
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CATHERINE SLOAN EXECUTIVE OF 40.00
Officer
$60,000 $0 $60,000
PETER J BONARGO IV PRESIDENT N/A
Officer Director
$0 $0 $0
LEE PRUSSMAN SECRETARY TR N/A
Officer Director
$0 $0 $0
KERT E SLOAN PAST PRESIDE N/A
Officer Director
$0 $0 $0
MAUREEN DOLAN BUILDER DIRE N/A
Director
$0 $0 $0
STEPHANIE RICO BUILDER DIRE N/A
Director
$0 $0 $0
DUANE BIALEK BUILDER DIRE N/A
Director
$0 $0 $0
CHRISTOPHER MUVDI ASSOCIATE DI N/A
Director
$0 $0 $0
JESSICA OTT ASSOCIATE DI N/A
Director
$0 $0 $0
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
2024 $128,099 $166,038 $230,743 $-37,939
2023 $245,105 $155,604 $230,469 $89,501
2022 $172,782 $212,090 $770,818 $-39,308
2021 $209,053 $218,240 $829,570 $-9,187
2020 $203,231 $212,315 $870,700 $-9,084
2019 $194,889 $231,200 $772,298 $-36,311
2018 $221,547 $228,986 $798,165 $-7,439
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