HOME BUILDERS ASSOCIATION OF TENNE… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1960

Legal Domicile

Principal Officer

CHARLOTTE PEAK

Tax Period

2023-01-01 to 2023-12-31

HOME BUILDERS ASSOCIATION OF TENNESSEE, founded in 1960, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $364K, a strong 35% operating margin.

Mission

THE ASSOCIATION EXISTS FOR THE PURPOSE OF IMPROVING CONDITIONS IN THE BUILDING INDUSTRY AND THEREBY ASSISTING TO IMPROVE SOCIAL, POLITICAL, AND ECONOMIC WELFARE OF THE STATE

Program Service Accomplishments

Program 1

THE ASSOCIATION ASSISTS IN THE SPONSORSHIP OF ANNUAL AND STATE CONVENTION/CONFERENCES FOR THE PURPOSE OF EDUCATING ITS MEMBERS REGARDING THE BUILDING INDUSTRY.

Program 2

THE ASSOCIATION SPONSORS LOCAL LOBBYING AND LEGISLATIVE ACTIVITIES IN ORDER TO IMPROVE CONDITIONS IN THE BUIDLING INDUSTRY AND THEREBY IMPROVING THE ECONOMIC WELFARE OF THE STATE AND NATION.

Program 3

SCHOLARSHIP PROGRAM - THE ASSOCIATION SPONSORS A COLLEGE SCHOLARSHIP PROGRAM FOR THE BENEFIT OF ITS MEMBERS AND MEMBERS FAMILIES

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $816,350

Investment Income $1,556

Other Revenue $223,103

TOTAL REVENUE $1,041,009

Expense Breakdown

Grants Paid $0

Salaries & Benefits $296,426

Fundraising Expenses $0

Other Expenses $380,338

TOTAL EXPENSES $676,764

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,041,009	$740,147	+0.4%
Expenses	$676,764	$718,399	-0.1%
Net Income	$364,245	$21,748	+15.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

200

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

Total Directors

$110,944

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANN DOWER	EXECUTIVE DIRECTOR	40.00	Director	$110,944	$0	$110,944
DAVID MCLEMORE	DIRECTOR	1.00	Director	$0	$0	$0
DAN MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
JAMES REID	DIRECTOR	1.00	Director	$0	$0	$0
LISA LUSTER	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN HODGKINS	DIRECTOR	1.00	Director	$0	$0	$0
CHAD DEAN	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS EPPERSON	DIRECTOR	1.00	Director	$0	$0	$0
NATHAN PAUL	DIRECTOR	1.00	Director	$0	$0	$0
TAYLOR BURTON	DIRECTOR	1.00	Director	$0	$0	$0
SETH BILLINGS	DIRECTOR	1.00	Director	$0	$0	$0
DUANE VANHOOK	IMMEDIATE PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
CLAY COCHRAN	ASSOCIATE VP	2.00	Officer Director	$0	$0	$0
DAVE MOORE	VPTREASURER	2.00	Officer Director	$0	$0	$0
JOHN CRABBE	VPSECRETARY	2.00	Officer Director	$0	$0	$0
CHARLOTTE PEAK	PRESIDENT	2.00	Officer 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	$1,041,009	$676,764	$961,966	$364,245
2022	$740,147	$718,399	$638,479	$21,748
2021	$600,593	$562,414	$605,196	$38,179
2020	$512,868	$548,710	$594,673	$-35,842
2019	$599,387	$614,743	$590,754	$-15,356
2018	$623,968	$730,502	$643,538	$-106,534

HOME BUILDERS ASSOCIATION OF TENNESSEE