Civic Intelligence

Watertown Area Home Builders Associ

EIN 27-5006323 • 501(c)6 • Watertown, SD

Profile

Promote the building industry

110 8th Ave SE - Ste 2 PO Box 1271Watertown, SD 57201

watertownhomebuilders.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

66th percentile

0.04x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

58th percentile

0.01x

Higher debt load relative to revenue than 58% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

30th percentile

-11%

Higher net margin than 30% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

88th percentile

$43,686

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 39.4% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

18th percentile

-36%

Faster asset growth than 18% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

29th percentile

-16%

Faster revenue growth than 29% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets66th percentile

Assets

Down

$21,976

Down $12,477 (-36%) from 2023

Liabilities

Up

$777

Up $52 (+7.2%) from 2023

Net Assets

Down

$21,199

Down $12,529 (-37%) from 2023

Operations
Liabilities / Revenue58th percentileNet Margin30th percentile

Revenue

Down

$110,848

Down $20,466 (-16%) from 2023

Expenses

Up

$123,377

Up $1,347 (+1.1%) from 2023

Net Income

Down

-$12,529

Down $21,813 (-235%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2016: $39,980Liabilities 2016: $0Net Assets 2016: $39,9802016Assets 2017: $34,528Liabilities 2017: $1,506Net Assets 2017: $33,0222017Assets 2018: $32,077Liabilities 2018: $309Net Assets 2018: $31,7682018Assets 2019: $37,867Liabilities 2019: $307Net Assets 2019: $37,5602019Assets 2020: $31,074Liabilities 2020: $483Net Assets 2020: $30,5912020Assets 2021: $37,120Liabilities 2021: $518Net Assets 2021: $36,6022021Assets 2022: $24,974Liabilities 2022: $530Net Assets 2022: $24,4442022Assets 2023: $34,453Liabilities 2023: $725Net Assets 2023: $33,7282023Assets 2024: $21,976Liabilities 2024: $777Net Assets 2024: $21,1992024

Highlighted filing

2024

Assets$21,976
Liabilities$777
Net Assets$21,199
Open 2024 Filing

Operations Trend

Revenue Growth29th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2016: $100,175Expenses 2016: $87,083Net Income 2016: $13,0922016Revenue 2017: $97,294Expenses 2017: $104,252Net Income 2017: -$6,9582017Revenue 2018: $92,147Expenses 2018: $93,401Net Income 2018: -$1,2542018Revenue 2019: $87,919Expenses 2019: $82,127Net Income 2019: $5,7922019Revenue 2020: $85,627Expenses 2020: $92,596Net Income 2020: -$6,9692020Revenue 2021: $105,724Expenses 2021: $99,713Net Income 2021: $6,0112021Revenue 2022: $94,337Expenses 2022: $106,495Net Income 2022: -$12,1582022Revenue 2023: $131,314Expenses 2023: $122,030Net Income 2023: $9,2842023Revenue 2024: $110,848Expenses 2024: $123,377Net Income 2024: -$12,5292024

Highlighted filing

2024

Revenue$110,848
Expenses$123,377
Net Income-$12,529
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,976
Liabilities
$777
Net assets
$21,199
Revenue
$110,848
Expenses
$123,377
Net income
-$12,529
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.22$0.01$0.21$1.11$1.23$0.13
2023Detailed filing. Detailed filing data is available for this year.$0.34$0.01$0.34$1.31$1.22$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.25$0.01$0.24$0.94$1.06$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.37$0.01$0.37$1.06$1.00$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.86$0.93$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.88$0.82$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.92$0.93$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.35$0.02$0.33$0.97$1.04$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$1.00$0.87$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 1, 2025
Return Version
2024v5.0
Gross Receipts
$138,505
Mission and Program Overview

Mission

Promote the building industry

Program Services

DescriptionGrantsExpenses
TO PROMOTE THE BUILDING INDUSTRY THROUGH EDUCATION, ADVOCACY AND COMMUNITY INVOLVEMENT-$67,069
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JULIE KNEELANDExecutive DirectorPT$43,686-$43,686
REID PETERSONState Director-$0--
AARON HANSONState Director-$0--
NEIL JENSENPresident-$0--
MARK HARTWIGLocal Director-$0--
CRAIG JOHNSON1st Vice President State Director-$0--
CARRIE BARTSCHERLocal Director-$0--
TIA HUTTTreasurer-$0--
TRENT THEYEState Director-$0--
TRENT THEYEState Director-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournam$33,804$16,547$1,208$15,339
Total Events$39,819$16,547$27,657$-11,110
Filing and Contact Details

Filer

Filer Name
Watertown Area Home Builders Associ
EIN
27-5006323
In Care Of
% JULIE KNEELAND
Address
110 8TH AVE SE - STE 2 PO BOX 1271, WATERTOWN, SD 57201

Signing Officer

Name
Julie Kneeland
Title
Executive Director
Signed
2025-04-01
Discuss with paid preparer
Yes

Preparer

Firm
Ledgers Inc
Address
PO BOX 1621, WATERTOWN, SD 57201
Preparer
Lisa Boersma CPA
Phone
6058820686
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity SCHOLARSHIPS Grantee LATC FOUNDATION Street 1201 ARROW AVE City, State, Zip Watertown, SD 57201Relationship TECHICAL COLLEGE Amount 1,250”

Description of other expenses Part I line 16

“Description AmountADVERTISING AND PROMOTION 1,204DUES AND SUBSCRIPTIONS 3,217ASSOCIATION DUES 32,210HOME SHOW EXPENSE 16,435TRAVEL 4,909MEETING COSTS 1,110OFFICE EXPENSES 3,475PAYROLL TAXES 3,447TRAINING/CERTIFICATION CLASSES 1,062”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearPAYROLL LIABILITIES 725 777”

Raw XML Appendix183 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum06058783033
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0110 8TH AVE SE - STE 2 PO BOX 1271
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WATERTOWN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd057201
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IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-12529
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02778
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt040980
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt033728
IRS990EZ/NetAssetsOrFundBalancesEOYAmt021199
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt033728
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt021199
IRS990EZ/OccupancyRentUtltsAndMaintAmt07751
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt843686
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0REID PETERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1AARON HANSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NEIL JENSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARK HARTWIG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CRAIG JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CARRIE BARTSCHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6TIA HUTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7TRENT THEYE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JULIE KNEELAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9TRENT THEYE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0STATE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1STATE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3LOCAL DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt41ST VICE PRESIDENT STATE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5LOCAL DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7STATE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9STATE DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
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IRS990EZ/OtherExpensesTotalAmt067069
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE THE BUILDING INDUSTRY
IRS990EZ/PrintingPublicationsPostageAmt0843
IRS990EZ/ProgramServiceRevenueAmt055800
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROMOTE THE BUILDING INDUSTRY THROUGH EDUCATION, ADVOCACY AND COMMUNITY INVOLVEMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt067069
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt043686
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt027657
IRS990EZ/SpecialEventsNetIncomeLossAmt0-11110
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0725
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0777
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0123377
IRS990EZ/TotalProgramServiceExpensesAmt067069
IRS990EZ/TotalRevenueAmt0110848
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WATERTOWNHOMEBUILDERS.COM
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt04050
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt04050
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt023272
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt017257
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt06015
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt027657
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAM
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0128
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0184
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0312
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt033804
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt06015
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt016547
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-11110
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt02675
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesOtherEventsAmt02845
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt05520
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt020
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01228
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01208
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt016547
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt016547
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity SCHOLARSHIPS Grantee LATC FOUNDATION Street 1201 ARROW AVE City, State, Zip Watertown, SD 57201Relationship TECHICAL COLLEGE Amount 1,250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountADVERTISING AND PROMOTION 1,204DUES AND SUBSCRIPTIONS 3,217ASSOCIATION DUES 32,210HOME SHOW EXPENSE 16,435TRAVEL 4,909MEETING COSTS 1,110OFFICE EXPENSES 3,475PAYROLL TAXES 3,447TRAINING/CERTIFICATION CLASSES 1,062
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearPAYROLL LIABILITIES 725 777
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JULIE KNEELAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WATERTOWN AREA HOME BUILDERS ASSOCI
ReturnHeader/Filer/BusinessNameControlTxt0WATE
ReturnHeader/Filer/EIN0275006323
ReturnHeader/Filer/InCareOfNm0% JULIE KNEELAND
ReturnHeader/Filer/USAddress/AddressLine1Txt0110 8TH AVE SE - STE 2 PO BOX 1271
ReturnHeader/Filer/USAddress/CityNm0WATERTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057201
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0432016112
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEDGERS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1621
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WATERTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd057201
ReturnHeader/PreparerPersonGrp/PhoneNum06058820686
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA BOERSMA CPA
ReturnHeader/ReturnTs02025-03-26T13:27:48-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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