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← HOME BUILDERS ASSN OF METROPOLITAN PORTLAND

Form 990 for tax year 2022

Filed by HOME BUILDERS ASSN OF METROPOLITAN PORTLAND.

Totals

Total revenue
$3,373,315
Total expenses
$3,554,201
Contributions and grants received
$826,699
Grants paid
$0
Program service revenue
$2,594,780
Investment income
$18,001
Other revenue
-$66,165
Total assets, end of year
$4,088,646
Total liabilities, end of year
$2,591,536
Net assets or fund balances, end of year
$1,497,110
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% 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.

  • 1b · Membership dues

    $809,524

  • 1f · All other contributions, gifts and grants

    $17,175

  • 2a · Program service revenue: OTHER PROGRAM REVENUES

    total $1,001,269 · related or exempt $1,001,269

  • 2b · Program service revenue: STREET OF DREAMS

    total $775,775 · related or exempt $775,775

  • 2c · Program service revenue: SPRING &FALL HOME/GARDEN SHOW

    total $612,381 · related or exempt $612,381

  • 2d · Program service revenue: HPC

    total $153,895 · related or exempt $153,895

  • 2e · Program service revenue: MIDSUMMER NIGHTS DREAM

    total $51,460 · related or exempt $51,460

  • 3 · Investment income

    total $18,001 · excluded $18,001

  • 6a · Gross rents

    real property $167,555

  • 6b · Less rental expenses

    real property $162,398

  • 6c · Rental income or loss

    real property $5,157

  • 6d · Net rental income or loss

    total $5,157 · unrelated business $5,157

  • 10a · Gross sales of inventory

    $475,990

  • 10b · Cost of goods sold

    $569,841

  • 10c · Net income from sales of inventory

    total -$93,851 · unrelated business -$93,851

  • 11a · Other revenue: HOME BUILDING NEWS

    total $22,529 · unrelated business $22,529

  • 11e · Other revenue, total

    $22,529

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $408,518

  • 7 · Other salaries and wages

    total $542,651

  • 8 · Pension plan contributions

    total $32,565

  • 9 · Other employee benefits

    total $83,099

  • 10 · Payroll taxes

    total $93,337

  • 12 · Advertising and promotion

    total $336,746

  • 13 · Office expenses

    total $15,181

  • 17 · Travel

    total $11,582

  • 22 · Depreciation, depletion and amortization

    total $94,820

  • 23 · Insurance

    total $29,070

  • 24a · Other expenses: GOVERNMENTAL ACTIVITIES

    total $271,428

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $240,681

  • 24c · Other expenses: SPONSOR EXPENSE

    total $209,803

  • 24d · Other expenses: FOOD AND BEVERAGE COSTS

    total $168,962

  • 24e · All other expenses

    total $1,015,758

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $781,007 · end of year $685,553

  • 4 · Accounts receivable

    beginning of year $364,113 · end of year $235,777

  • 8 · Inventories for sale or use

    beginning of year $26,822 · end of year $12,239

  • 9 · Prepaid expenses and deferred charges

    beginning of year $18,750 · end of year $64,529

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

    $4,977,209

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

    $3,054,927

  • 10c · Land, buildings and equipment, net

    beginning of year $2,039,353 · end of year $1,922,282

  • 12 · Investments: other securities

    beginning of year $100 · end of year $100

  • 14 · Intangible assets

    beginning of year $1,185,666 · end of year $1,168,166

  • 15 · Other assets

    beginning of year $21,824

  • 17 · Accounts payable and accrued expenses

    beginning of year $595,248 · end of year $336,765

  • 19 · Deferred revenue

    beginning of year $20,000 · end of year $233,331

  • 23 · Secured mortgages and notes payable

    beginning of year $2,004,391 · end of year $1,875,836

  • 24 · Unsecured notes and loans payable

    beginning of year $140,000 · end of year $140,000

  • 25 · Other liabilities

    end of year $5,604

  • 27 · Net assets without donor restrictions

    beginning of year $1,460,568 · end of year $1,497,110

  • 28 · Net assets with donor restrictions

    beginning of year $217,428

Mission and programs · 2022

Mission

THE PURPOSES OF THE ASSOCIATION ARE TO REPRESENT THE PORTLAND METROPOLITAN AREA HOME BUILDING INDUSTRY, TO SERVE THE PUBLIC BY PROMOTING EDUCATIONAL PROGRAMS AND TO CONTINUOUSLY IMPROVE THE ETHICAL STANDARDS OF THE INDUSTRY.

  • SHOWS: THE ORGANIZATION OF VARIOUS SHOWS DEMONSTRATING THE PRODUCTS AND SERVICES OF THE ASSOCIATION MEMBERS (STREET OF DREAMS, HOME AND GARDEN SHOW, TOUR OF REMODELED HOMES AND THE ULTIMATE OPEN HOUSE.

  • CONTINUING EDUCATION CLASSES, SEMINARS, WORKSHOPS AND CERTIFICATION PROGRAMS AIMED AT EDUCATING AND ADVANCING THE KNOWLEDGE, WORK PRODUCT, SAFETY AND PROFESSIONALISM OF ASSOCIATION MEMBERS AND THE INDUSTRY.

  • INDUSTRY REPRESENTATION: PROVIDE A PRESENSE AT LOCAL, COUNTY AND METRO GOVERNMENTS TO HELP REPRESENT THE INTERESTS OF THE INDUSTRY AND HOUSING IN GENERAL.

  • BUSINESS DEVELOPMENT: COORDINATE VARIOUS NETWORKING AND MARKETING OPPORTUNITIES FOR MEMBERS TO CREATE AN ENVIRONMENT THAT ALLOWS THEM TO DEVELOP AND PROMOTE THEIR BUSINESSES. INDUSTRY VISIBILITY: ENSURE THE ISSUES AND POSITIVE CONTRIBUTIONS OF THE HOUSING INDUSTRY AND OUR MEMBERSHIP ARE EFFECTIVELY PROMOTED IN THE PORTLAND AREA. BUSINESS BENEFITS: DEVELOP AND/OR PARTNER WITH PROVIDERS OF PROGRAMS, SERVICES AND PRODUCTS THAT WILL PROVIDE BENEFITS TO OUR MEMBERS.

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

Listed in Part VII

  • Dave Nielsen

    CEO

    Total calculated
    $277,644
    From this org
    $247,608
    From related orgs
    $0
    Other
    $30,036
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $247,608
    Bonus
    not reported
    Other
    not reported
    Deferred
    $9,976
    Nontaxable benefits
    $20,060
    Filer's total
    $277,644

  • David Rice

    COO

    Total calculated
    $130,266
    From this org
    $118,413
    From related orgs
    $0
    Other
    $11,853
    Hours/week
    40

  • Rachel Trice

    MEMBERSHIP/M

    Total calculated
    $128,184
    From this org
    $118,532
    From related orgs
    $0
    Other
    $9,652
    Hours/week
    40

  • See Attached

    BOARD MEMBER

    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

  • 3 · Compensation committee
  • 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

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • PAC HOUSE INC

    C CORP · OTHER ACTI · OR

Provenance

Return type
form_990
Tax year
2022
Filed
15 April 2024
IRS schema version
2022v5.0
Source object
202432889349302288

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