Home Builders Association of Northwest Michigan
Nonprofit profile at a glance
- EIN
- 800678950
- IRS 990-EZ coverage
- 2015–2017
- Forms available
- Form 990 2014, Form 990-EZ 2017
- Location
- Cadillac, MI, USA
- Phone
- 2318329017
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $11,216
- Expenses
- $64,079
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- RICHARD CLOUSE (PRESIDENT)
People named in this filing
- RICHARD CLOUSE (PRESIDENT)
- NICK NOWLIN (VICE PRESIDE)
- KRIS KARLSON (TREASURER)
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 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Membership association organized to encourage & promote cooperation between area building contractors in the exchange of information through meetings, committees & through newletters. Local members are eligible for benefits that are available through the national & Michigan associations of home builders.
What it reported doing in 2017
Member vendor trade rebates scholarships to students entering building trades green built classes
Operating model
- Revenue model
- Membership-supported. 83% of the money available for current operations came from membership dues.
- Distribution model
- Grant intermediary. The nonprofit sent 88% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 43
- Transparency & Controls: 82
- Sustainability: 8
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.4%; rating input score 62
- Program expense ratio: 10.9%; rating input score 11
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -471.3%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd 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: -15.5% per year; rating input score 0; 22nd percentile among comparable filings
- Revenue growth: -40.9% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -35.2% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 62.4% of revenue deployed · 10.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $7K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2015 to 2017
- 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.
- High — Financial Efficiency: Program expense ratio scored 11/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.