HOME BUILDERS ASSOCIATION OF GASTON COUNTY INC

EIN: 560945161

CHARLOTTE, NC

Total Revenue
$41,085
Total Expenses
$85,980
Total Assets
N/A
Net Assets
N/A
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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
1966
Legal Domicile
NC
Principal Officer
BOB ZWEIER
Phone
7043768524
Tax Period
2018-01-01 to 2018-12-31

HOME BUILDERS ASSOCIATION OF GASTON COUNTY INC, founded in 1966, is a micro nonprofit that reported $41K in total revenue in fiscal year 2018. Revenue decreased 6% compared to the prior year. Expenses of $86K exceeded revenue, resulting in a 109% operating deficit.

Mission

THE INTERCHANGE OF INFORMATION AND EXPERIENCE FOR THE HOME BUILDERS AND ASSOCIATED BUSINESSES WITH OTHER AFFILIATED ASSOCIATIONS OF HOME BUILDERS IN THE UNITED STATES.

Program Service Accomplishments

Program 1
Expenses: $85,980

EXEMPT PURPOSE OF EXPENSES WAS TO PAY NATIONAL AND STATE DUES AND PROVIDE PROGRAMS, EDUCATION AND OTHER ACTIVITIES TO PROMOTE THE HOME BUILDING INDUSTRY IN THE GREATER GASTON COUNTY AREA.

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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 (2018)

Revenue Breakdown

Contributions & Grants $40,414
Program Service Revenue $0
Investment Income $671
Other Revenue $0
TOTAL REVENUE $41,085

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $85,980
Other Expenses $85,980
TOTAL EXPENSES $85,980

Year-over-Year Comparison

2018 2017 Change
Revenue $41,085 $43,874 -0.1%
Expenses $85,980 $91,820 -0.1%
Net Income $-44,895 $-47,946 -0.1%
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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Governance

Voting Members
17
Independent Members
17
Employees
N/A
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
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CASEY CROUCH ASSOCIATE DI 0.50
Director
$0 $0 $0
KEN BERNADO ASSOCIATE DI 0.50
Director
$0 $0 $0
TOM BRASSE ASSOCIATE DI 0.50
Director
$0 $0 $0
CHRIS KEARNS BUILDER DIRE 0.50
Director
$0 $0 $0
ROBBIE T KORNEGAY ASSOCIATE DI 0.50
Director
$0 $0 $0
WES PIATT BUILDER DIRE 0.50
Director
$0 $0 $0
JOHN TAMMARO BUILDER DIRE 0.50
Director
$0 $0 $0
STEVE WILSON ASSOCIATE DI 0.50
Director
$0 $0 $0
WALTER BRIDGEMAN PRESIDENT AP 0.50
Director
$0 $0 $0
JOSH COSTNER LEGAL COUNSE 0.50
Director
$0 $0 $0
CHAD LITTLE CHAPTER REP 0.50
Director
$0 $0 $0
DAMON COREZ PRESIDENT AP 0.50
Director
$0 $0 $0
RICH DAVIS ASSOCIATE VI 0.50
Officer
$0 $0 $0
TRENT HASTON IMMEDIATE PA 0.50
Officer
$0 $0 $0
ANITA MACNEIL SECRETARY/TR 1.00
Officer
$0 $0 $0
BOB ZWEIER PRESIDENT 1.00
Officer
$0 $0 $0
KATHRYN LEWIS EXECUTIVE VI 1.00
Officer
$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
2018 $41,085 $85,980 No data $-44,895
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