The Home Builders Association of Billings Montana Inc

Nonprofit profile at a glance

EIN
810263547
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Billings, MT, USA
Phone
4062527533
Rating confidence
Limited

Official website

Reported finances

Revenue
$953,232
Expenses
$861,664
Assets
$1,530,172
Liabilities
$113,223

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

Leadership & pay

17 people listed

Executive titles in this filing

  • CHAD WAGENHALS (HBA PRESIDENT)
  • CONNER BOKMA (HBA 2ND VICE PRESIDENT)
  • SCOT BONENBERGER (HBA 1ST VICE PRESIDENT)
  • KIMBERLY WELZENBACH (EXECUTIVE DIRECTOR)

Highest reported compensation

  • KIMBERLY WELZENBACH (EXECUTIVE DIRECTOR): $83,415 total reported compensation

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

Overview

Mission

The home builders association of billings is committed to maintaining the highest level of professionalism within the building industry through education, networking, and civic involvement to achieve a positive investment for our members and our community.

What it reported doing in 2025

The home builders association of billings provides the billings school district with a learn-by-doing vocational education forum. Each year 100-plus high school students build a house which is then put on the market and sold to fund the following year's project. The project is funded by the home builders association of billings and all aspects of construction are led by hba volunteer members. The program, in line with the hba's education mission, teaches children valuable career skills they take with them after graduation and helps the industry by providing a source for construction labor. Currently, there are 2 lots - one with current construction, and one for future construction.

Operating model

Revenue model
Earned-program. 71% of the money available for current operations came from fees and other program 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: 92
  • Accountability: 90
  • Sustainability: 53
  • 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; 10th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 64th 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: 9.6%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 1.78; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 9.7%; rating input score 38; 38th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 2.1% per year; rating input score 100; 20th percentile among comparable filings
  • Asset growth: 4.4% per year; rating input score 100; 33rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 16 of 16 board members independent · 6 of 8 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $83K · 17 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 15 filing years from 2010 to 2025
  • 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 — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Operating margin scored 55/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.
  • Moderate — Sustainability: Officer compensation ratio scored 38/100.