Form 990 for tax year 2024
Filed by CALIFORNIA HOMEBUILDING FOUNDATION.
Totals
- Total revenue
- $1,820,261
- Total expenses
- $1,701,804
- Contributions and grants received
- $1,224,683
- Grants paid
- $320,297
- Program service revenue
- $130,424
- Investment income
- $435,573
- Other revenue
- $29,581
- Total assets, end of year
- $13,578,705
- Total liabilities, end of year
- $249,110
- Net assets or fund balances, end of year
- $13,329,595
- Program services expenses (Part IX)
- $1,164,634
- Management and general expenses
- $384,995
- Fundraising expenses
- $152,175
- Program service expenses (Part III)
- $1,164,634
Program services were 68.4% 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.
-
1c · Fundraising events
$246,450
-
1f · All other contributions, gifts and grants
$978,233
-
2a · Program service revenue: CIRB
total $130,424 · related or exempt $130,424
-
3 · Investment income
total $435,573 · excluded $435,573
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$344,597
-
8a · Fundraising events: contributions included on line 1c
$246,450
-
8b · Fundraising events: direct expenses
$315,016
-
8c · Net income from fundraising events
total $29,581
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $63,444 · program services $63,444
-
2 · Grants to domestic individuals
total $256,853 · program services $256,853
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $173,755 · program services $125,104 · management and general $30,407 · fundraising $18,244
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $606,935 · program services $436,993 · management and general $106,214 · fundraising $63,728
-
8 · Pension plan contributions
total $28,168 · program services $20,281 · management and general $4,929 · fundraising $2,958
-
9 · Other employee benefits
total $57,213 · program services $41,194 · management and general $10,012 · fundraising $6,007
-
10 · Payroll taxes
total $59,754 · program services $43,023 · management and general $10,457 · fundraising $6,274
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $1,138 · management and general $1,138
-
11c · Fees: accounting
total $60,420 · management and general $60,420
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $86,610 · management and general $49,466 · fundraising $37,144
-
11g · Fees: other
total $61,978 · program services $61,978
-
12 · Advertising and promotion
total $28,623 · program services $20,146 · management and general $8,477
-
13 · Office expenses
total $46,982 · program services $8,734 · management and general $26,346 · fundraising $11,902
-
14 · Information technology
total $89,325 · program services $31,454 · management and general $57,871
-
15 · Royalties
total $0
-
16 · Occupancy
total $8,041 · program services $5,790 · management and general $1,407 · fundraising $844
-
17 · Travel
total $26,984 · program services $18,887 · management and general $3,247 · fundraising $4,850
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $2,757 · management and general $2,757
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $34,175 · program services $29,216 · management and general $4,959
-
23 · Insurance
total $5,116 · program services $1,537 · management and general $3,355 · fundraising $224
-
24a · Other expenses: Miscellaneous
total $3,533 · management and general $3,533
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $316,165 · end of year $287,178
-
2 · Savings and temporary cash investments
beginning of year $1,776,400 · end of year $2,127,043
-
3 · Pledges and grants receivable
beginning of year $1,118,031 · end of year $617,396
-
4 · Accounts receivable
beginning of year $986 · end of year $7,315
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $42,000 · end of year $3,496
-
10a · Land, buildings and equipment: cost or other basis
$186,644
-
10b · Land, buildings and equipment: accumulated depreciation
$82,598
-
10c · Land, buildings and equipment, net
beginning of year $133,408 · end of year $104,046
-
11 · Investments: publicly traded securities
beginning of year $9,328,338 · end of year $10,432,231
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $181,215 · end of year $202,292
-
19 · Deferred revenue
beginning of year $43,160 · end of year $46,818
-
27 · Net assets without donor restrictions
beginning of year $954,398 · end of year $897,369
-
28 · Net assets with donor restrictions
beginning of year $11,536,555 · end of year $12,432,226
Mission and programs · 2024
Mission
To promote the homebuilding industry through scholarship, research, education and professional recognition.
-
RESEARCHAs Californias primary grant funding source for housing policy and affordability research, the California Homebuilding Foundation is a crucial player in this field. Our funding enables timely analysis and data-driven research to support policymakers, experts, and advocates in addressing the states housing affordability challenges and inequities. Through strategic initiatives, we work to ensure affordable, sustainable homes and communities across California.The Foundations research department includes the Construction Industry Research Board (CIRB), which offers valuable services such as real-time permit analysis and detailed property reports. These resources provide essential insights to help you stay competitive and anticipate industry trends.
Expenses $461,792 · Grants $15,000 · Revenue $130,424
-
EDUCATIONThe Donald Chaiken Building Industry Technology Academy (BITA) is a four-year, project-based high school construction curriculum designed to introduce students to a range of careers in construction. BITA equips students with the knowledge, skills, and confidence needed for success in the building industry.By developing a qualified workforce to meet industry demands, offset retirements, and prevent labor shortages, BITA also elevates public perception of the building industry, highlighting its diverse career paths and dedicated professionals.
Expenses $418,058 · Grants $38,297
-
SCHOLARSHIPSAt the California Homebuilding Foundation, we are proud to manage a diverse portfolio of over 125 scholarship endowments, generously established by homebuilding professionals, families, businesses, and organizations dedicated to advancing the building industry. Our post-secondary scholarships provide financial support and recognition for students pursuing higher education. Whether aspiring to become skilled tradespeople, architects, engineers, or industry leaders, our scholarships help students achieve their varied educational and career goals.
Expenses $284,784 · Grants $267,000
As filed on the 2024 return.
Listed in Part VII
-
Terri Brunson
Executive Dir.
- Total calculated
- $173,755
- From this org
- $157,700
- From related orgs
- $0
- Other
- $16,055
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $122,700
- Bonus
- $35,000
- Other
- not reported
- Deferred
- $12,828
- Nontaxable benefits
- $3,227
- Filer's total
- $173,755
-
Colleen Edwards
Life Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael Balsamo
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Mark Hoover
Life Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Josh Santos
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
John Norman
Vice-Chair
- Total calculated
- $0
- Hours/week
- 0.5
-
Laura Barber
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Chris Neighbor
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Barbie Davis
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Cyndi Fazzio
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
John Orr
Life Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Dan Dunmoyer
Secretary
- Total calculated
- $0
- Hours/week
- 0.5
-
Joan Webb
Chair
- Total calculated
- $0
- Hours/week
- 0.5
-
Layne Marceau
Imm. Past Chair
- Total calculated
- $0
- Hours/week
- 0.5
-
CJ Ametrano
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Sarah Breen
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
John Thatch
Treasurer
- Total calculated
- $0
- Hours/week
- 0.5
-
Donna Wetzel
Life Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Kevin Carson
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Thomas Grable
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael Cortney
Life Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Patrick Costanzo Jr
Life Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Harry Elliott III
Life Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Justin Deknoblough
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Wes Keusder
Life Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Kent Aden
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Kile Morgan
Life Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert Rivinius
Life Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeff Roos
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Dick Willhoit
Life Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Mike Winn
Life Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Linda Sandusky
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeff Schroeder
Im Pst Chr CBIA
- Total calculated
- $0
- Hours/week
- 0.5
-
Alan Boudreau
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
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
- 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
-
San Diego State University
$15,000
Department donation
-
$15,000
Research
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543189349313509
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