HOME BUILDERS ASSOCIATION OF LOUISVILLE INC

EIN: 610409461

LOUISVILLE, KY

Total Revenue
$1,851,032
Total Expenses
$1,807,085
Total Assets
$2,998,129
Net Assets
$2,762,346
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
KY
Principal Officer
JUVA BARBER
Phone
5024296000
Tax Period
2025-01-01 to 2025-12-31

HOME BUILDERS ASSOCIATION OF LOUISVILLE INC, founded in 1948, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2025.

Mission

TO ASSOCIATE HOME BUILDERS AND ALL OTHER BRANCHES OF THE HOME BUILDING INDUSTRY TO THE BENEFIT OF MEMBERS & THE GENERAL PUBLIC THROUGH THE VARIOUS TRADE SHOWS, PUBLICATIONS AND OTHER MEDIUM THAT THE ASSOCIATION SPONSORS.

Program Service Accomplishments

Program 1

HOMERAMA- IT IS A TRADESHOW OF COMPLETELY DECORATED, FURNISHED & LANDSCAPED HOMES IN SELECTED SUBDIVISIONS THROUGHOUT THE LOUISVILLE AREA. IT IS VISITED BY THOUSANDS FROM THE GENERAL PUBLIC.

Program 2

EDUCATION/WORKFORCE DEVELOPMENT - THE ORGANIZATION CONDUCTS EDUCATION AND TRAINING CLASSES FOR MEMBERS OF THE BUILDING INDUSTRY TO MAINTAIN KNOWLEDGE AND SKILLS IN THE MOST CURRENT BUILDING...

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EDUCATION/WORKFORCE DEVELOPMENT - THE ORGANIZATION CONDUCTS EDUCATION AND TRAINING CLASSES FOR MEMBERS OF THE BUILDING INDUSTRY TO MAINTAIN KNOWLEDGE AND SKILLS IN THE MOST CURRENT BUILDING REQUIREMENTS AND TRENDS.

Program 3

MEMBERSHIP, MEETINGS AND OUTINGS - MONTHLY MEETINGS AND OCCASIONAL OUTINGS TO ALLOW NETWORKING OPPORTUNITIES FOR MEMBERS AND TO PRESENT SPEAKERS ON TIMELY TOPICS IN THE BUILDING INDUSTRY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $689,503
Program Service Revenue $725,863
Investment Income $110,124
Other Revenue $325,542
TOTAL REVENUE $1,851,032

Expense Breakdown

Grants Paid $0
Salaries & Benefits $643,946
Fundraising Expenses $0
Other Expenses $1,163,139
TOTAL EXPENSES $1,807,085

Year-over-Year Comparison

2025 2024 Change
Revenue $1,851,032 $1,734,874 +0.1%
Expenses $1,807,085 $1,779,500 +0.0%
Net Income $43,947 $-44,626 -2.0%
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
31
Independent Members
31
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
7
$267,098
Total Directors
32
$267,098
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUVA BARBER EXECUTIVE VICE-PRESIDENT 40.00
Officer Director
$221,422 $45,676 $267,098
DAVID HOBBS ASSOCIATE VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
RICH HEARETH JR IMMEDIATE PAST PRESIDENT 10.00
Officer Director
$0 $0 $0
BOBBY MCCORMICK ASSOCIATE VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
JOHN WALLER DIRECTOR 4.00
Director
$0 $0 $0
CHASE THIENEMAN VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
DAN HEMPEL DIRECTOR 4.00
Director
$0 $0 $0
MIKE METZKES DIRECTOR 4.00
Director
$0 $0 $0
BRANDON FIELDS DIRECTOR 4.00
Director
$0 $0 $0
MICHAEL GROSS DIRECTOR 4.00
Director
$0 $0 $0
THOMAS WILLIAM MCKECHNIE DIRECTOR 4.00
Director
$0 $0 $0
JASON ORTHOBER SECRETARY, TREASURER 4.00
Officer Director
$0 $0 $0
TREVOR BROWN PRESIDENT 10.00
Officer Director
$0 $0 $0
FRED ANDRES DIRECTOR 4.00
Director
$0 $0 $0
CLIFFORD ASHBURNER DIRECTOR 4.00
Director
$0 $0 $0
HENRY BERROA DIRECTOR 4.00
Director
$0 $0 $0
DAVID BRACHT DIRECTOR 4.00
Director
$0 $0 $0
JESSE BRAY DIRECTOR 4.00
Director
$0 $0 $0
ADRIA BRYANT DIRECTOR 4.00
Director
$0 $0 $0
MARK CHURCH DIRECTOR 4.00
Director
$0 $0 $0
SHAWN CORRIGAN DIRECTOR 4.00
Director
$0 $0 $0
NICK DORSEY DIRECTOR 4.00
Director
$0 $0 $0
TRAVIS JOHNSTON DIRECTOR 4.00
Director
$0 $0 $0
DON KAREM PRESIDENTIAL ADVISOR 4.00
Director
$0 $0 $0
BRENTON KLEIN DIRECTOR 4.00
Director
$0 $0 $0
JOE KROLL DIRECTOR 4.00
Director
$0 $0 $0
ALAN PEAKE DIRECTOR 4.00
Director
$0 $0 $0
ASHLEY PORTER DIRECTOR 4.00
Director
$0 $0 $0
ERIC SENN DIRECTOR 4.00
Director
$0 $0 $0
JOHN TALBOTT DIRECTOR 4.00
Director
$0 $0 $0
CHAD TURNER DIRECTOR 4.00
Director
$0 $0 $0
JAMES WALSER DIRECTOR 4.00
Director
$0 $0 $0
KATHRYN HALLER DIRECTOR OF EVENTS AND MEMBER ENGAGEMENT 40.00
Highest
$105,869 $14,799 $120,668
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 $1,851,032 $1,807,085 $2,998,129 $43,947
2024 $1,734,874 $1,779,500 $2,868,510 $-44,626
2023 $1,680,305 $1,718,758 $2,888,245 $-38,453
2023 $145,626 $161,497 $2,780,602 $-15,871
2022 $3,074,914 $2,505,175 $2,957,184 $569,739
2021 $2,067,778 $1,618,343 $2,331,353 $449,435
2020 $1,818,834 $1,749,670 $2,164,144 $69,164
2019 $2,548,548 $2,512,543 $2,060,167 $36,005
2018 $2,895,910 $3,061,018 $2,482,577 $-165,108
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