Home Builders Association of Northwest Iowa

Nonprofit profile at a glance

EIN
421212623
IRS 990-EZ coverage
2011–2021
Forms available
Form 990-EZ 2021
Location
Spirit Lake, IA, USA
Phone
7123363901
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$13,740
Expenses
$8,450
Assets
$23,405

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • SHELLY GUSTIN (Vice President)
  • DEREK LEE (President)

People named in this filing

  • PAUL ROBERTS (DIRECTOR)
  • BRYAN BARGEN (Director)
  • SHELLY GUSTIN (Vice 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-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the association is to provide an organization for contractors and vendors of home products and services in northwest Iowa to collaborate without profit with all fields related to the building industry for the benefit of the industry as a whole. The home builders association promotes the products and services of all contractors in the industry amongst themselves and to consumers.

What it reported doing in 2021

Home show - the association maintains a booth at home shows held each year in communities in northwest Iowa. These shows are usually held in shopping malls or community buildings and many contractors, vendors, retailers and organizations are represented. Many consumers visit the home show as it promotes the sale of all types of home products. This is an excellent opportunity for the association to enhance the climate for housing and the building industry as well as meet consumers in the area who are interested in building homes and/or purchasing home products. The association collaborates to benefit all areas of the building industry.parade of homes - the parade of homes is an event sponsored in part by the home builders association. Several new homes, recently built, by the area's contractors are put on display in a parade of homes. The general public purchases a ticket in order to view each home in the parade. This program is an excellent opportunity for area contractors to display their product to prospective customers and the community in general. Approximately 5,000 people attend the parade of homes.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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: 82
  • Sustainability: 64
  • Growth: 0

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 38.5%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 2.77; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -36.3% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: -13.1% per year; rating input score 0; 24th percentile among comparable filings
  • Asset growth: -3.4% per year; rating input score 0; 26th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 11 filing years from 2011 to 2021
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.