GREATER MONTGOMERY HOME BUILDERS ASSOCIATION INC

EIN: 630333531

MONTGOMERY, AL

Total Revenue
$572,405
Total Expenses
$503,972
Total Assets
$2,193,062
Net Assets
$2,134,503
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
AL
Principal Officer
ANGELA ALLEN
Phone
3342777766
Tax Period
2024-01-01 to 2024-12-31

GREATER MONTGOMERY HOME BUILDERS ASSOCIATION INC, founded in 1983, is a small nonprofit that reported $572K in total revenue in fiscal year 2024. Expenses of $504K left a modest 12% surplus.

Mission

WE ARE A TRUSTED COMMUNITY RESOURCE THAT PROMOTES PROFESSIONALISM IN THE HOME BUILDING INDUSTRY BY PROVIDING EDUCATION, LEGISLATIVE OVERSIGHT, MARKETING AND NETWORKING OPPORTUNITIES TO OUR MEMBERS.

Program Service Accomplishments

Program 1

MONTHLY MEETINGS HELD FOR THE PURPOSE OF MEMBER NETWORKING AND DISSEMINATING INFORMATION TO THE MEMBERS ON ISSUES RELATED TO THE ORGANIZATION'S EXEMPT PURPOSE.

Program 2

PROFESSIONAL WOMEN IN BUILDING - PROGRAM DESIGNED TO FOSTER WOMEN WHO SHARE STRATEGIES AND SOLUTIONS TO PROMOTE, ENHANCE AND SUPPORT PROFESSIONAL WOMEN IN TODAY'S HOME BUILDING INDUSTRY. THIS GROUP...

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PROFESSIONAL WOMEN IN BUILDING - PROGRAM DESIGNED TO FOSTER WOMEN WHO SHARE STRATEGIES AND SOLUTIONS TO PROMOTE, ENHANCE AND SUPPORT PROFESSIONAL WOMEN IN TODAY'S HOME BUILDING INDUSTRY. THIS GROUP MEETS MONTHLY FOR NETWORKING AND EDUCATION OPPORTUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $310,898
Program Service Revenue $42,007
Investment Income $197,913
Other Revenue $21,587
TOTAL REVENUE $572,405

Expense Breakdown

Grants Paid $0
Salaries & Benefits $268,527
Fundraising Expenses $0
Other Expenses $232,024
TOTAL EXPENSES $503,972

Year-over-Year Comparison

2024 2023 Change
Revenue $572,405 $555,766 +0.0%
Expenses $503,972 $454,353 +0.1%
Net Income $68,433 $101,413 -0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
23
Independent Members
23
Employees
4
Volunteers
23

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
6
$87,549
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIMMY ADAMS 1ST VP 0.10
Officer Director
$0 $0 $0
CHAD STEARNS BOARD MEMBER 0.10
Director
$0 $0 $0
DAVID STRICKLAND 2ND VP 0.10
Officer Director
$0 $0 $0
CHRIS KIMBRO BOARD MEMBER 0.10
Director
$0 $0 $0
COLEMAN FARRIOR PAST PRESIDENT 0.10
Director
$0 $0 $0
BEN BYRD BOARD MEMBER 0.10
Director
$0 $0 $0
HUGH COLE BOARD MEMBER 0.10
Director
$0 $0 $0
DOUG FUHRMAN SECRETARY 1.00
Officer Director
$0 $0 $0
JIMMY RUTLAND BOARD MEMBER 0.10
Director
$0 $0 $0
JOE SELLERS BOARD MEMBER 0.10
Director
$0 $0 $0
MICHAEL TOLES BOARD MEMBER 0.10
Director
$0 $0 $0
JIM MATHEWS BOARD MEMBER 0.10
Director
$0 $0 $0
WILLIAM RHODES PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVID LISENBY BOARD MEMBER 0.10
Director
$0 $0 $0
JOSIE YOUNG TREASURER 1.00
Officer Director
$0 $0 $0
ASHLEY ROWE BOARD MEMBER 0.10
Director
$0 $0 $0
NICK GALLOWAY BOARD MEMBER 0.10
Director
$0 $0 $0
GREG MITCHUM BOARD MEMBER 0.10
Director
$0 $0 $0
JASON SMITH BOARD MEMBER 0.10
Director
$0 $0 $0
LANE YOUNG BOARD MEMBER 0.10
Director
$0 $0 $0
FORREST MEADOWS BOARD MEMBER 0.10
Director
$0 $0 $0
HEATHER PHILLIPS BOARD MEMBER 0.10
Director
$0 $0 $0
JOE LISENBY BOARD MEMBER 0.10
Director
$0 $0 $0
ANGELA ALLEN EXECUTIVE DIRECTOR 40.00
Officer
$79,534 $8,015 $87,549
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 $572,405 $503,972 $2,193,062 $68,433
2023 $555,766 $454,353 $2,041,832 $101,413
2022 $455,429 $443,098 $1,899,621 $12,331
2021 $534,042 $420,258 $2,019,923 $113,784
2020 $470,297 $434,078 $1,821,703 $36,219
2019 $548,248 $533,080 $1,730,009 $15,168
2018 $677,359 $527,808 $1,659,677 $149,551
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