Home Builders Association of Alabama

Nonprofit profile at a glance

EIN
630368798
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Montgomery, AL, USA
Phone
3348343006
Rating
45
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$3,028,004
Expenses
$3,054,687
Assets
$12,170,982
Liabilities
$177,154

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

46 people listed

Executive titles in this filing

  • RUSSELL DAVIS (EXECUTIVE VICE PRESIDENT-OUTGOING)
  • JASON REID (EXECUTIVE VICE PRESIDENT-INCOMING)
  • DEBBIE BAXLEY (ADMINISTRATIVE VICE PRESIDENT)
  • JAMES MATHEWS (2ND VICE PRESIDENT)
  • BEN BYRD (PRESIDENT)
  • GREG LANGSTON (IMMEDIATE PAST PRESIDENT)

Highest reported compensation

  • RUSSELL DAVIS (EXECUTIVE VICE PRESIDENT-OUTGOING): $255,282 total reported compensation
  • JASON REID (EXECUTIVE VICE PRESIDENT-INCOMING): $181,477 total reported compensation
  • KORY BOLING (FOUNDATION DIRECTOR): $136,507 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote the home building industry in Alabama

What it reported doing in 2025

Communications-the association is the home building industry voice in Alabama and interacts on its members behalf with all executive, legislative and regulatory bodies. Hbaa also provides a magazine to its members and an interactive website.

Operating model

Revenue model
Other-operating. 74% 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

MIXED - Most voting board members are independent and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 66
  • Accountability: 99
  • Sustainability: 43
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • 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: 97.6%; rating input score 98; 27th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.9%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 3.98; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 27.2%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 0.6% per year; rating input score 100; 10th percentile among comparable filings
  • Asset growth: 2.5% per year; rating input score 100; 20th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 41 of 42 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $669K in reported program spending
  • Leadership: top reported pay $255K · 46 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 14 of 15 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 23/100.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 9/100.