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Nonprofiteer
← HOME BUILDERS INSTITUTE

Form 990 for tax year 2022

Filed by HOME BUILDERS INSTITUTE.

Totals

Total revenue
$40,034,347
Total expenses
$38,201,673
Contributions and grants received
$40,017,647
Grants paid
$0
Program service revenue
$0
Investment income
$16,700
Other revenue
$0
Total assets, end of year
$17,695,686
Total liabilities, end of year
$10,235,577
Net assets or fund balances, end of year
$7,460,109
Program services expenses (Part IX)
$32,444,206
Management and general expenses
$5,219,313
Fundraising expenses
$538,154
Program service expenses (Part III)
$32,444,206

Program services were 84.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $30,149,774

  • 1f · All other contributions, gifts and grants

    $9,867,873

  • 3 · Investment income

    total $23,279 · excluded $23,279

  • 7a · Gross sales of assets other than inventory

    securities $6,580

  • 7b · Less cost or other basis and sales expenses

    securities $13,159

  • 7c · Gain or loss

    securities -$6,579

  • 7d · Net gain or loss

    total -$6,579 · excluded -$6,579

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,850,582 · program services $1,588,912 · management and general $240,374 · fundraising $21,296

  • 7 · Other salaries and wages

    total $19,298,919 · program services $16,570,079 · management and general $2,506,753 · fundraising $222,087

  • 8 · Pension plan contributions

    total $1,263,171 · program services $1,124,278 · management and general $125,005 · fundraising $13,888

  • 9 · Other employee benefits

    total $4,191,604 · program services $3,721,060 · management and general $424,303 · fundraising $46,241

  • 10 · Payroll taxes

    total $1,380,528 · program services $1,225,261 · management and general $140,032 · fundraising $15,235

  • 11b · Fees: legal

    total $23,109 · management and general $23,109

  • 11c · Fees: accounting

    total $36,778 · management and general $36,778

  • 11e · Fees: professional fundraising services

    total $120,000 · fundraising $120,000

  • 11f · Fees: investment management

    total $11,196 · management and general $11,196

  • 11g · Fees: other

    total $1,396,530 · program services $643,548 · management and general $714,814 · fundraising $38,168

  • 13 · Office expenses

    total $1,418,535 · program services $1,001,137 · management and general $406,433 · fundraising $10,965

  • 16 · Occupancy

    total $1,066,752 · program services $860,021 · management and general $186,439 · fundraising $20,292

  • 17 · Travel

    total $1,847,788 · program services $1,595,342 · management and general $229,351 · fundraising $23,095

  • 24a · Other expenses: TRAINING

    total $3,228,630 · program services $3,207,952 · management and general $15,678 · fundraising $5,000

  • 24b · Other expenses: OTHER EXPENSES

    total $615,184 · program services $502,260 · management and general $112,289 · fundraising $635

  • 24c · Other expenses: COMMUNICATIONS

    total $273,288 · program services $225,277 · management and general $46,759 · fundraising $1,252

  • 24d · Other expenses: PROGRAM DEVELOPMENT

    total $179,079 · program services $179,079

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $5,760,211 · end of year $3,251,779

  • 4 · Accounts receivable

    beginning of year $5,412,377 · end of year $6,923,073

  • 9 · Prepaid expenses and deferred charges

    beginning of year $672,564 · end of year $349,500

  • 10a · Land, buildings and equipment: cost or other basis

    $1,145,938

  • 10b · Land, buildings and equipment: accumulated depreciation

    $930,493

  • 10c · Land, buildings and equipment, net

    beginning of year $64,650 · end of year $215,445

  • 11 · Investments: publicly traded securities

    beginning of year $1,232,443 · end of year $4,033,549

  • 15 · Other assets

    beginning of year $0 · end of year $2,922,340

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,064,519 · end of year $3,871,441

  • 19 · Deferred revenue

    beginning of year $2,802,708 · end of year $3,001,017

  • 25 · Other liabilities

    beginning of year $442,985 · end of year $3,363,119

  • 27 · Net assets without donor restrictions

    beginning of year $5,600,650 · end of year $6,540,877

  • 28 · Net assets with donor restrictions

    beginning of year $231,383 · end of year $919,232

Mission and programs · 2022

Mission

WE CHANGE LIVES EVERYDAY BY EDUCATING, INSPIRING, AND PREPARING INDIVIDUALS FOR CAREERS IN THE BUILDING INDUSTRY.

Activities or mission (Part I)

HBI EDUCATES AND PREPARES INDIVIDUALS FOR CAREERS IN THE BUILDING INDUSTRY

  • UNDER A FEDERAL AWARD WITH THE U.S. DEPARTMENT OF LABOR, HBI PROVIDES AT-RISK YOUTH WITH REAL-LIFE, HANDS-ON VOCATIONAL TRAINING THROUGH THE JOB CORPS PROGRAM.

    Expenses $18,975,920

  • HBI ALSO PROVIDES VOCATIONAL INSTRUCTION THROUGH A VARIETY OF OTHER COMMUNITY PARTNERSHIPS INCLUDING TEN MILITARY INSTALATIONS,FLORIDA'S DEPARTMENT OF JUVENILE JUSTICE, AND THE DEPARTMENT OF CORRECTIONS IN SEVERAL STATES. HBI OPENED ITS FIRST BUILDSTRONG ACADEMY IN ORLANDO IN 2021, AND OPENED THREE ADDITIONAL ACADEMIES IN 2022.

    Expenses $11,945,776

  • HBI LICENSES ITS PROPRIETARY PRE-APPRENTICESHIP CURRICULUM TO SCHOOLS AND OTHER INSTITUTIONS AROUND THE COUNTRY. THIS CURRICULUM PROVIDES A FRAMEWORK AND TOOLKIT FOR TEACHING RESIDENTIAL CONSTRUCTION SKILLS FOR ALL TYPES OF LEARNERS. DURING THE YEAR ENDED 2022, HBI HAD 23,766 ACTIVE STUDENTS ACROSS ALL PROGRAMMING AND ISSUED 10,792 PRE-APPRENTICESHIP CERTIFICATES.

    Expenses $1,076,330

  • Expenses $446,180

As filed on the 2022 return.

Listed in Part VII

  • GEORGE HESS

    CHAIR

    Total calculated
    $0
    Hours/week
    0.3

  • PAMELA PATENAUDE

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.3

  • KRISTEN AMUNDSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • CHUCK BAKER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • CARIN MARCY BARTH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • ERIN DEWEESE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • STEVE DEWITT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • DEBRA ERB

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • CHUCK FOWKE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • FERNANDO GIL-ENSENANT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • EUGENE GRAF

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • TIM HOURIGAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • GERALD HOWARD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • BRIAN JOHNSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • RON PAINTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • ADAM ROCKE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • SCOTT SEDAM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • BRAD SIMONS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • GREGORY UGALDE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • TOM WINTERS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • RENEE ZENTZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • PATSY SMITH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • EDWARD BRADY

    PRESIDENT AND CEO

    Total calculated
    $529,931
    From this org
    $486,448
    From related orgs
    $0
    Other
    $43,483
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $398,948
    Bonus
    $87,500
    Other
    $0
    Deferred
    $32,616
    Nontaxable benefits
    $10,867
    Filer's total
    $529,931

  • JEREMY ALBRITTON

    SR VP & CFO

    Total calculated
    $299,151
    From this org
    $279,597
    From related orgs
    $0
    Other
    $19,554
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $243,897
    Bonus
    $35,700
    Other
    $0
    Deferred
    $19,554
    Nontaxable benefits
    $0
    Filer's total
    $299,151

  • LAUREN SULLIVAN

    CHIEF OF STAFF

    Total calculated
    $181,816
    From this org
    $159,894
    From related orgs
    $0
    Other
    $21,922
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,494
    Bonus
    $19,400
    Other
    $0
    Deferred
    $11,554
    Nontaxable benefits
    $10,368
    Filer's total
    $181,816

  • JEREMY HURLEY

    VP WTE

    Total calculated
    $192,512
    From this org
    $179,789
    From related orgs
    $0
    Other
    $12,723
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,890
    Bonus
    $20,899
    Other
    $0
    Deferred
    $12,723
    Nontaxable benefits
    $0
    Filer's total
    $192,512

  • GREGG ROMANO

    SVP, PROGRAM OPERATIONS

    Total calculated
    $234,221
    From this org
    $209,795
    From related orgs
    $0
    Other
    $24,426
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,744
    Bonus
    $25,051
    Other
    $0
    Deferred
    $15,170
    Nontaxable benefits
    $9,256
    Filer's total
    $234,221

  • TAMMY JO SCRIVEN

    VP OF HUMAN RESOURCES

    Total calculated
    $196,170
    From this org
    $192,755
    From related orgs
    $0
    Other
    $3,415
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,955
    Bonus
    $14,800
    Other
    $0
    Deferred
    $3,415
    Nontaxable benefits
    $0
    Filer's total
    $196,170

  • BETHANY SHEAN

    VP OF EDUCATION SERVICES

    Total calculated
    $216,783
    From this org
    $202,045
    From related orgs
    $0
    Other
    $14,738
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $176,620
    Bonus
    $25,425
    Other
    $0
    Deferred
    $14,738
    Nontaxable benefits
    $0
    Filer's total
    $216,783

  • STEPHEN COUSINS

    AVP, CUSTOMER ENGAGEMENT

    Total calculated
    $154,116
    From this org
    $127,731
    From related orgs
    $0
    Other
    $26,385
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $126,531
    Bonus
    $1,200
    Other
    $0
    Deferred
    $11,135
    Nontaxable benefits
    $15,250
    Filer's total
    $154,116

  • EMILY PRICE

    SVP, DEVELOPMENT AND PARTNERSHIPS

    Total calculated
    $139,821
    From this org
    $125,400
    From related orgs
    $0
    Other
    $14,421
    Hours/week
    40

  • JOHN RODGERS

    DIRECTOR OF PROGRAM MANAGEMENT

    Total calculated
    $144,412
    From this org
    $110,606
    From related orgs
    $0
    Other
    $33,806
    Hours/week
    40

  • MICHAEL MANIGAULT

    AVP OF BUSINESS DEVELOPMENT

    Total calculated
    $175,595
    From this org
    $152,993
    From related orgs
    $0
    Other
    $22,602
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,293
    Bonus
    $3,700
    Other
    $0
    Deferred
    $12,254
    Nontaxable benefits
    $10,348
    Filer's total
    $175,595

  • PAMELA TAYLOR

    AVP & CONTROLLER

    Total calculated
    $196,896
    From this org
    $176,018
    From related orgs
    $0
    Other
    $20,878
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,518
    Bonus
    $2,500
    Other
    $0
    Deferred
    $12,191
    Nontaxable benefits
    $8,687
    Filer's total
    $196,896

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202323189349304687

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