Asheville Home Builders Association
Nonprofit profile at a glance
- EIN
- 560900456
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Asheville, NC, USA
- Phone
- 8282997001
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $966,235
- Expenses
- $902,051
- Assets
- $2,051,858
- Liabilities
- $220,013
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- JAY COPE (PRESIDENT)
People named in this filing
- STEPHANIE CHAPMAN (TREASURER)
- JUNIUS ADAMS IV (PAST PRESIDE)
- JAY COPE (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
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 2024 was more than 1,200 members. B. The association delivered a full slate of educational offerings, including ace courses, member seminars, code updates, and workforce development partnerships with schools, colleges, and community organizations. 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 offerings and industry information. E. Special events are held du
What it reported doing in 2024
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.
Operating model
- Revenue model
- Earned-program. 77% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 90
- Accountability: 82
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.7%; rating input score 94
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 6.6%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 2.27; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 8.6% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 8.9% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: 9.2% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 93.7% of revenue deployed · 100% of spending went to programs
- Governance: 15 of 15 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $902K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- Review — Sustainability: Operating margin scored 54/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.