Home Builders Assoc of Greater Tulsa

Nonprofit profile at a glance

EIN
730566979
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Tulsa, OK, USA
Phone
9186635820
Rating confidence
Limited

Official website

Reported finances

Revenue
$2,941,275
Expenses
$2,900,851
Assets
$4,110,846
Liabilities
$2,219,353

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

94 people listed

Executive titles in this filing

  • CRAIG THURMOND (PRESIDENT)
  • BRIAN ROSE (VICE PRESIDENT)
  • MATT EMMONS (IMMEDIATE PAST PRESIDENT)
  • ED MCINTYRE (ASSOC. COUNCIL PRESIDENT/MEMBERSHIP CHAIR)
  • JESSE POWELL (BUILDERS COUNCIL PRESIDENT)
  • JOSH ZAJAC (REMODELERS COUNCIL PRESIDENT)

Highest reported compensation

  • JEFFREY SMITH (EXECUTIVE DIRECTOR/CEO): $202,090 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Home builders association of greater tulsa seeks to promote ethical business practices and standards throughout the industry. The association also seeks to serve the community through education, membership requirements, and philanthropic efforts.

What it reported doing in 2024

General membership activities - monthly meetings and related activities for 1,000-plus members for networking, education, and fellowship. Provides opportunities to meet other members, welcome new members, and hear speakers on industry related topics.the tulsa hba began event ownership of the tulsa designer showcase in 2023. The event showcases 20 designers and new design trends in one home that is open to the public for 2 weeks in april and may. Approximately 2,000 people attend.

Operating model

Revenue model
Other-operating. 75% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 88
  • Accountability: 90
  • Sustainability: 40
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 5th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • 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: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 1.4%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 1.42; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.54; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 7%; rating input score 42; 42nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 1.6% per year; rating input score 100; 18th percentile among comparable filings
  • Asset growth: 2.7% per year; rating input score 100; 23rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 93 of 93 board members independent · 6 of 8 filing controls reported
  • Programs: 4 filed program accomplishments
  • Leadership: top reported pay $202K · 94 people listed · 5 of 6 pay-setting controls reported
  • Consistency: 12 of 13 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 10 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Moderate — Sustainability: Operating margin scored 39/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.
  • Moderate — Sustainability: Officer compensation ratio scored 42/100.