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Nonprofiteer
← ASHEVILLE HOME BUILDERS ASSOCIATION

Form 990 for tax year 2023

Filed by ASHEVILLE HOME BUILDERS ASSOCIATION.

Totals

Total revenue
$1,579,259
Total expenses
$867,525
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$739,260
Investment income
$617,693
Other revenue
$222,306
Total assets, end of year
$1,848,994
Total liabilities, end of year
$81,333
Net assets or fund balances, end of year
$1,767,661
Program services expenses (Part IX)
$867,525
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$867,525

Program services were 100.0% 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.

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $590,415 · related or exempt $590,415

  • 2b · Program service revenue: FOUNDATION CLUB

    total $111,825 · excluded $111,825

  • 2c · Program service revenue: APPLICATION FEE

    total $21,400 · related or exempt $21,400

  • 2d · Program service revenue: WEBSITE

    total $15,515 · excluded $15,515

  • 2e · Program service revenue: DUES PAYMENT PLAN FEES

    total $105 · related or exempt $105

  • 3 · Investment income

    total $545 · excluded $545

  • 6a · Gross rents

    real property $37,036

  • 6b · Less rental expenses

    real property $1,527

  • 6c · Rental income or loss

    real property $35,509

  • 6d · Net rental income or loss

    total $35,509 · excluded $35,509

  • 7a · Gross sales of assets other than inventory

    other assets $1,110,000

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

    other assets $492,852

  • 7c · Gain or loss

    other assets $617,148

  • 7d · Net gain or loss

    total $617,148 · related or exempt $617,148

  • 8a · Fundraising events: gross income

    $405,266

  • 8b · Fundraising events: direct expenses

    $255,697

  • 8c · Net income from fundraising events

    total $149,569 · excluded $149,569

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $37,228 · excluded $37,228

  • 11e · Other revenue, total

    $37,228

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $187,083 · program services $187,083

  • 7 · Other salaries and wages

    total $164,833 · program services $164,833

  • 8 · Pension plan contributions

    total $9,322 · program services $9,322

  • 9 · Other employee benefits

    total $18,800 · program services $18,800

  • 10 · Payroll taxes

    total $25,954 · program services $25,954

  • 11b · Fees: legal

    total $1,118 · program services $1,118

  • 11c · Fees: accounting

    total $8,875 · program services $8,875

  • 12 · Advertising and promotion

    total $2,102 · program services $2,102

  • 13 · Office expenses

    total $25,116 · program services $25,116

  • 16 · Occupancy

    total $17,633 · program services $17,633

  • 17 · Travel

    total $3,210 · program services $3,210

  • 19 · Conferences, conventions and meetings

    total $47,129 · program services $47,129

  • 20 · Interest

    total $394 · program services $394

  • 22 · Depreciation, depletion and amortization

    total $27,552 · program services $27,552

  • 23 · Insurance

    total $8,288 · program services $8,288

  • 24a · Other expenses: DUES - NAHB/NCHBA

    total $227,571 · program services $227,571

  • 24b · Other expenses: BANK/CREDIT CARD CHARGES

    total $24,981 · program services $24,981

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $15,212 · program services $15,212

  • 24d · Other expenses: WEBSITE MAINTENANCE

    total $14,803 · program services $14,803

  • 24e · All other expenses

    total $37,549 · program services $37,549

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $126,742 · end of year $160,840

  • 2 · Savings and temporary cash investments

    beginning of year $400,611 · end of year $1,487,852

  • 4 · Accounts receivable

    beginning of year $54,916 · end of year $143,161

  • 9 · Prepaid expenses and deferred charges

    beginning of year $909 · end of year $2,371

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

    $154,704

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

    $105,924

  • 10c · Land, buildings and equipment, net

    beginning of year $386,083 · end of year $48,780

  • 15 · Other assets

    beginning of year $3,716 · end of year $5,990

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,656 · end of year $3,280

  • 25 · Other liabilities

    beginning of year $36,274 · end of year $78,053

  • 27 · Net assets without donor restrictions

    beginning of year $927,047 · end of year $1,767,661

Mission and programs · 2023

Mission

PROFESSIONAL TRADE ORGANIZATION PROVIDING EDUCATION AND PROMOTION OF MEMBERS WITHIN THE CONSTRUCTION INDUSTRY. THE ASSOCIATION STRIVES TO EDUCATE AND SUPPORT MEMBERS, CONTRIBUTE TO THE LOCAL COMMUNITY, AND REPRESENT THE LOCAL, STATE, AND NATIONAL BUILDING INDUSTRY. A. MEMBERSHIP ENROLLMENT FOR 2023 WAS 1,228 MEMBERS. B. ANNUAL PARADE OF HOMES ALLOW MEMBERS TO DISPLAY AND PROMOTE THEIR PRODUCTS AND SERVICES. PARADE OF HOMES IS OPEN TO THE GENERAL PUBLIC FOR VIEWING AS A RESOURCE FOR MEMBERS TO GROW THEIR BUSINESSES, EDUCATE THE PUBLIC, AND EXPLORE OTHER PRODUCTS AND SERVICES AVAILABLE TO THEM. C. THE ASSOCIATION PUBLISHES REGULAR ELECTRONIC AND PRINT COMMUNICATION PIECES FOR MEMBERS AND OTHER BUSINESS/GOVERNMENTAL LEADERS PROVIDING INFORMATION ON THE INDUSTRY AND UPCOMING EVENTS AND EDUCATIONAL OFFERINGS. D. THE ASSOCIATION MAINTAINS A WEBSITE FOR THE ASSOCIATION WHICH LISTS A FULL DIRECTORY OF MEMBERS, PROVIDES UPDATED INFORMATION, MEETING AND EVENT DATES, AS WELL AS EDUCATION OFFERING

  • TO ENHANCE MEMBERS ABILITY TO CONDUCT INDIVIDUAL BUSINESSES WITH COMPETENCE AND INTEGRITY; PROVIDE THE OPPORTUNITY TO UNITE ALL SEGMENTS OF THE INDUSTRY IN CREATING A SUCCESSFUL BUSINESS ENVIRONMENT. TO HELP BRING PROFESSIONALISM TO THE BUILDING INDUSTRY.

    Expenses $867,525 · Revenue $739,260

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Brian Sineath

    PAST PRESIDE

    Total calculated
    $0
    Hours/week
    4

  • Stephanie Chapman

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • Junius Adams IV

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Jay Cope

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2

  • Mark Gould

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Megan Carroll

    EXEC DIRECTO

    Total calculated
    $187,083
    From this org
    $187,083
    From related orgs
    $0
    Other
    $0

    Schedule J breakdown matched by us

    Base
    $187,083
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $187,083

  • Gwen Lanning

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Duane Scholz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jeff Makey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jimmy Penland

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kat McReynolds

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Sarah Cosgrove

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Paul Heathman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Lee Pegram

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Ryan Adair

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • James Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Nicholas Scroggs

    FUTURE PRESI

    Total calculated
    $0

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

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

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.

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

1 distribution to a recipient named as a person, $1,110,000. Counted where the filer named the recipient as a person, as filed. Who received them, and what, are not published.

Provenance

Return type
form_990
Tax year
2023
Filed
17 November 2025
IRS schema version
2023v6.0
Source object
202533219349323693

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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