COLUMBIA, SC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOME BUILDERS ASSOCIATION OF SOUTH CAROLINA GROUP TRUST INSURANCE, founded in 2019, is a community nonprofit in the Mutual Benefit sector that reported $6.3M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.
TO PROVIDE GROUP HEALTH INSURANCE AND OTHER WELFARE BENEFITS TO THE EMPLOYEES OF HOME BUILDERS ASSOCIATION OF SOUTH CAROLINA MEMBER EMPLOYERS BY ISSUANCE OF ONE OR MORE FULLY INSURED INSURANCE POLICIES.
BEGINNING AUGUST 1, 2019, THE HOME BUILDERS ASSOCIATION OF SOUTH CAROLINA GROUP INSURANCE TRUST (THE TRUST) BEGAN OFFERING GROUP HEALTH INSURANCE AND OTHER WELFARE BENEFITS TO THE EMPLOYEES OF THE...
BEGINNING AUGUST 1, 2019, THE HOME BUILDERS ASSOCIATION OF SOUTH CAROLINA GROUP INSURANCE TRUST (THE TRUST) BEGAN OFFERING GROUP HEALTH INSURANCE AND OTHER WELFARE BENEFITS TO THE EMPLOYEES OF THE HOME BUILDERS ASSOCIATION OF SOUTH CAROLINA (HBASC) MEMBER EMPLOYERS BY ISSUANCE OF ONE OR MORE FULLY INSURED INSURANCE POLICIES.THE TRUST PROGRAM IS OVERSEEN BY AN ELECTED BOARD OF TRUSTEES (TRUSTEES). THE TRUSTEES TOGETHER WITH HBASC PERFORM ALL OF THE ACTIVITIES REQUIRED TO ADMINISTER THE TRUST AND MAKE DECISIONS ON THE ON-GOING OPERATIONS OF THE TRUST IN THE BEST INTEREST OF THE PARTICIPANTS. - THE SELECTION OF INSURANCE CARRIERS, BENEFIT PLANS AND BENEFIT LEVELS IN SOME SITUATIONS;- THE SELECTION AND APPOINTMENT OF VENDORS INCLUDING BANKING SERVICES, CONTRACT ADMINISTRATOR, INVESTMENT MANAGER IF NEEDED, AUDITOR, AND ATTORNEY;- THE MARKETING OF THE PROGRAM INCLUDING THE DEVELOPMENT OF COMMUNICATION MATERIALS, AND THE USE OF OUTSIDE AGENTS IF NEEDED; AND- THE GENERAL MANAGEMENT OF TRUST FUNDS AND ASSETS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $6,305,866 | $6,920,282 | -0.1% |
| Expenses | $6,322,332 | $6,957,467 | -0.1% |
| Net Income | $-16,466 | $-37,185 | -0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARK NIX | EXECUTIVE DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| ROB CLEMONS | TRUSTEE | 0.25 |
Director
|
$0 | $0 | $0 |
| EDDIE YANDIE | TRUSTEE | 0.25 |
Director
|
$0 | $0 | $0 |
| DOUG JAMES | TRUSTEE | 0.25 |
Director
|
$0 | $0 | $0 |
| RYAN KAISER | TRUSTEE | 0.25 |
Director
|
$0 | $0 | $0 |
| JAY PINER | TRUSTEE | 0.25 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $6,305,866 | $6,322,332 | $132,562 | $-16,466 |
| 2024 | No data | No data | No data | No data |
| 2023 | $6,420,123 | $6,401,491 | $197,080 | $18,632 |
| 2022 | $5,534,573 | $5,479,537 | $181,067 | $55,036 |
Compare HOME BUILDERS ASSOCIATION OF SOUTH CAROLINA GROUP TRUST INSURANCE with other nonprofits in South Carolina and across the country.