West Tennessee Home Builders Association

EIN: 620424467

Collierville, TN

Total Revenue
$626,544
Total Expenses
$783,426
Total Assets
$1,432,502
Net Assets
$1,371,988
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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
1945
Legal Domicile
TN
Principal Officer
Larry K Scroggs
Phone
9017564500
Tax Period
2023-07-01 to 2024-06-30

West Tennessee Home Builders Association, founded in 1945, is a small nonprofit that reported $627K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $783K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO PROVIDE SERVICES FOR THE BENEFIT OF THE ORGANIZATIONS MEMBERS AND TO PROMOTE THE HOME BUILDING INDUSTRY.

Program Service Accomplishments

Program 1

Vesta Home Show - Provide displays of new homes that redefined excellence in architecture, design and new home construction. Open to the public, the show spotlights the latest trends in furnishing...

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Vesta Home Show - Provide displays of new homes that redefined excellence in architecture, design and new home construction. Open to the public, the show spotlights the latest trends in furnishing, fixtures and appliances, as well as state-of-the-art technologies.

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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 (2023)

Revenue Breakdown

Contributions & Grants $175,080
Program Service Revenue $409,951
Investment Income $20,921
Other Revenue $20,592
TOTAL REVENUE $626,544

Expense Breakdown

Grants Paid $0
Salaries & Benefits $278,308
Fundraising Expenses $0
Other Expenses $505,118
TOTAL EXPENSES $783,426

Year-over-Year Comparison

2023 2022 Change
Revenue $626,544 $763,839 -0.2%
Expenses $783,426 $750,224 +0.0%
Net Income $-156,882 $13,615 -12.5%
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
19
Independent Members
19
Employees
7
Volunteers
300

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
9
$26,000
Total Directors
13
$118,083
Key Employees
2
$118,083
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY K SCROGGS EXECUTIVE OFFICER 040.00
Director Key Emp Highest
$92,083 $0 $92,083
KANETTE KEOUGH EXECUTIVE OFFICER 040.00
Officer Director Key Emp Highest
$26,000 $0 $26,000
ERIC CATMUR DIRECTOR N/A
Director
$0 $0 $0
KATIE CLARK DIRECTOR N/A
Director
$0 $0 $0
ADAM SKLAR DIRECTOR N/A
Director
$0 $0 $0
ANDRE JONES DIRECTOR N/A
Director
$0 $0 $0
SAMMY STOVER DIRECTOR N/A
Director
$0 $0 $0
REGGIE GARNER DIRECTOR N/A
Director
$0 $0 $0
EDDIE KIRCHER DIRECTOR N/A
Director
$0 $0 $0
SETH BILLINGS JR DIRECTOR N/A
Director
$0 $0 $0
TODD MCLEMORE DIRECTOR N/A
Director
$0 $0 $0
CINDY NORMAN DIRECTOR N/A
Director
$0 $0 $0
DON CONWAY DIRECTOR N/A
Director
$0 $0 $0
DARIN HALFORD PRESIDENT N/A
Officer
$0 $0 $0
DAVID MCLEMORE IMMEDIATE PAST PRESIDENT N/A
Officer
$0 $0 $0
JOHN DUKE PRESIDENTIAL ADVISOR N/A
Officer
$0 $0 $0
GREG BRIDGERS TREASURER N/A
Officer
$0 $0 $0
BLAIR BROWN VICE PRESIDENT N/A
Officer
$0 $0 $0
SCOTT TRIMBLE REMODELERS COUNCIL CHAIRMAN N/A
Officer
$0 $0 $0
DEREK ELLER SECRETARY N/A
Officer
$0 $0 $0
MICHAEL CRISTOFF ASSOCIATES COUNCIL CHAIRMAN N/A
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
2025 No data No data No data No data
2024 $626,544 $783,426 $1,432,502 $-156,882
2023 $763,839 $750,224 $1,467,797 $13,615
2022 $806,600 $777,882 $1,431,738 $28,718
2021 $767,310 $575,784 $1,498,265 $191,526
2020 $598,532 $628,959 $1,603,060 $-30,427
2019 $564,683 $1,018,508 $1,418,997 $-453,825
2018 $750,394 $1,041,913 $1,471,426 $-291,519
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