ASHEVILLE HOME BUILDERS ASSOCIATION

EIN: 560900456

ASHEVILLE, NC

Total Revenue
$802,362
Total Expenses
$762,359
Total Assets
$972,977
Net Assets
$927,047
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
NC
Principal Officer
JUNIUS ADAMS IV
Phone
8282997001
Tax Period
2022-01-01 to 2022-12-31

ASHEVILLE HOME BUILDERS ASSOCIATION, founded in 1967, is a small nonprofit that reported $802K in total revenue in fiscal year 2022. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $762K left a modest 5% surplus.

Mission

PROFESSIONAL TRADE ORGANIZATION PROVIDING EDUCATION AND PROMOTION OF MEMBERS WITHIN THE CONSTRUCTION INDUSTRY. THE ASSOCIATION STRIVES TO EDUCATE AND SUPPORT MEMBERS, CONTRIBUTE TO THE LOCAL COMMUNITY, AND REPRESENT THE LOCAL, STATE, AND NATIONAL BUILDING INDUSTRY. A. MEMBERSHIP ENROLLMENT FOR 2022 WAS 1,219 MEMBERS. B. ANNUAL PARADE OF HOMES ALLOW MEMBERS TO DISPLAY AND PROMOTE THEIR PRODUCTS AND SERVICES. PARADE OF HOMES IS OPEN TO THE GENERAL PUBLIC FOR VIEWING AS A RESOURCE FOR MEMBERS TO GROW THEIR BUSINESSES, EDUCATE THE PUBLIC, AND EXPLORE OTHER PRODUCTS AND SERVICES AVAILABLE TO THEM. C. THE ASSOCIATION PUBLISHES REGULAR ELECTRONIC AND PRINT COMMUNICATION PIECES FOR MEMBERS AND OTHER BUSINESS/GOVERNMENTAL LEADERS PROVIDING INFORMATION ON THE INDUSTRY AND UPCOMING EVENTS AND EDUCATIONAL OFFERINGS. D. THE ASSOCIATION MAINTAINS A WEBSITE FOR THE ASSOCIATION WHICH LISTS A FULL DIRECTORY OF MEMBERS, PROVIDES UPDATED INFORMATION, MEETING AND EVENT DATES, AS WELL AS EDUCATION OFFERING

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $623,922
Investment Income $214
Other Revenue $178,226
TOTAL REVENUE $802,362

Expense Breakdown

Grants Paid $0
Salaries & Benefits $307,389
Fundraising Expenses $0
Program Expenses $762,359
Other Expenses $454,970
TOTAL EXPENSES $762,359

Year-over-Year Comparison

2022 2021 Change
Revenue $802,362 $654,736 +0.2%
Expenses $762,359 $615,772 +0.2%
Net Income $40,003 $38,964 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
4
Volunteers
N/A

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
5
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN HACKETT PAST PRESIDE 8.00
Officer
$0 $0 $0
BRIAN SINEATH PRESIDENT 4.00
Officer
$0 $0 $0
STEPHANIE CHAPMAN ASSOCIATE VP 4.00
Officer
$0 $0 $0
DONNA KING TREASURER 4.00
Officer
$0 $0 $0
JUNIUS ADAMS IV VICE PRESIDE 2.00
Officer
$0 $0 $0
PHILIP ANDERSON DIRECTOR 2.00
Director
$0 $0 $0
JAY COPE DIRECTOR 2.00
Director
$0 $0 $0
JIM ROBERTSON DIRECTOR 2.00
Director
$0 $0 $0
MARK GOULD DIRECTOR 2.00
Director
$0 $0 $0
SEAN MINTZ DIRECTOR 2.00
Director
$0 $0 $0
THOMAS MCCLAIN DIRECTOR 2.00
Director
$0 $0 $0
GWEN LANNING DIRECTOR 2.00
Director
$0 $0 $0
DUANE SCHOLZ DIRECTOR 2.00
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 No data No data No data No data
2023 No data No data No data No data
2022 $802,362 $762,359 $972,977 $40,003
2021 $654,736 $615,772 $964,239 $38,964
2020 $625,900 $487,380 $926,285 $138,520
2019 $657,441 $533,444 $798,263 $123,997
2018 $594,802 $502,129 $680,966 $92,673
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ASHEVILLE HOME BUILDERS ASSOCIATION with other nonprofits in North Carolina and across the country.