Form 990 for tax year 2022

Totals

Total revenue

$1,788,302

Total expenses

$1,841,864

Contributions and grants received

$1,129,405

Grants paid

$0

Program service revenue

$625,063

Investment income

$7,851

Other revenue

$25,983

Total assets, end of year

$1,439,027

Total liabilities, end of year

$566,131

Net assets or fund balances, end of year

$872,896

Program services expenses (Part IX)

— not reported

Management and general expenses

— not reported

Fundraising expenses

— not reported

Program service expenses (Part III)

— not reported

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.

Mission and programs · 2022

• IN 2022 THE HBA OF METRO DENVER RECEIVED MOST OF ITS REVENUE FROM ASSESSING BUILDER MEMBERS FOR EACH BUILDING PERMIT ISSUED AND MEMBER DUES. THESE ITEMS GENERATED $ 1,079,405 IN REVENUE. THE ASSOCIATION HOSTS SEVERAL NETWORKING, TRAINING AND EDUCATIONAL EVENTS AS BENEFITS TO THE MEMBERSHIP. THE THREE LARGEST EVENTS CONTRIBUTED $117,784 IN NET PROFIT TO THE ASSOCIATION. A DESCRIPTION OF THESE EVENTS AND THE ASSOCIATED REVENUES AND EXPENSES ARE AS FOLLOWS:PARADE OF HOMES: THIS EVENT ALLOWS BUILDER MEMBERS THAT CHOOSE TO PARTICIPATE THE OPPORTUNITY TO SHOWCASE A SELECT NUMBER OF THEIR HOMES TO THE PUBLIC IN THE COMMUNITIES WHERE THEY BUILD HOMES. THE ASSOCIATION OBTAINS SPONSORSHIPS FROM ITS ASSOCIATE MEMBERS (NON-BUILDER MEMBERS) AND BUILDER MEMBERS PAY ENTRY FEES TO THE ASSOCIATION FOR THE RIGHT TO HAVE THEIR HOMES PROMOTED TO THE PUBLIC BY THE ASSOCIATION. IN RETURN THE ASSOCIATION PROMOTES THE EVENT TO THE PUBLIC THROUGH VARIOUS MEDIA CHANNELS TO ACHIEVE THE WIDEST POSSIBLE ATTENDANCE BY THE PUBLIC. AN "INDUSTRY NIGHT" IS HELD AS PART OF THE POH EXCLUSIVELY FOR ASSOCIATION MEMBERS TO "KICK-OFF" THE POH. THE ASSOCIATION OBTAINS SPONSORSHIP FROM ASSOCIATE MEMBERS AND CHARGES ALL MEMBERS A FEE TO ATTEND THE EVENT. THE POH AND INDUSTRY NIGHT EVENTS GENERATED $183,545 IN REVENUE AND INCURRED $119,571 IN EXPENSE FOR A NET CONTRIBUTION OF $63,974.MARKETING AND MERCHANDISING EXCELLENCE (MAME) AWARDS: THIS EVENT RECOGNIZES MEMBERS FOR MARKETING, PRODUCT AND SALES EXCELLENCE IN VARIOUS CATEGORIES, BASED ON THE PRICE RANGE OF THEIR HOMES. ASSOCIATION MEMBERS PROVIDE SPONSORSHIP DOLLARS IN RETURN FOR PROMOTION OF THEIR SPONSORSHIP AT THE EVENT AND BUILDER MEMBERS PAY A FEE TO ENTER THEIR PRODUCTS IN THE COMPETITION. ATTENDEES OF THE EVENT PAY AN ENTRY FEE. THIS EVENT GENERATED $186,393 IN REVENUE AND INCURRED $156,656 IN EXPENSES FOR A NET CONTRIBUTION OF $29,737.GOLF OUTING FUNDRAISER: THIS EVENT IS A NETWORKING FUNDRAISER EVENT IN THE FORM OF A GOLF OUTING. THE ASSOCIATION RECEIVES SPONSORSHIP DOLLARS FROM ITS MEMBERS, CHARGES ATTENDEES A FEE TO PARTICIPATE AND GATHERS MISCELLANEOUS REVENUE FROM VARIOUS EVENTS DURING THE OUTING. THE EVENT GENERATED $57,507 IN REVENUE AND INCURRED $34,874 IN EXPENSES FOR A NET CONTRIBUTION OF $22,633.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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

7 November 2023

IRS schema version

2022v5.0

Source object

202333179349311863

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