Civic Intelligence

Home Builders Association of the Upper Peninsula

990 • Fiscal year 2022 • EIN 38-2871665

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 27, 2023

3125 Wright StMarquette, MI 49855

(906) 228-2312

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.02x

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

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

52nd percentile

0.01x

Higher debt load relative to revenue than 52% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

81st percentile

22%

Higher net margin than 81% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$39,724

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 18.4% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

96th percentile

106%

Faster asset growth than 96% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

58th percentile

17%

Faster revenue growth than 58% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$87,570

Up $45,140 (+106%) from 2021

Net Assets

Up

$86,045

Up $47,635 (+124%) from 2021

Liabilities

Down

$1,525

Down $2,495 (-62%) from 2021

Revenue

Up

$215,674

Up $31,858 (+17%) from 2021

Expenses

Up

$168,039

Up $25,097 (+18%) from 2021

Net Income

Up

$47,635

Up $6,761 (+17%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0-$50KAssets 2010: $47,215Liabilities 2010: $56,460Net Assets 2010: -$9,2452010Assets 2011: $29,112Liabilities 2011: $45,510Net Assets 2011: -$16,3982011Assets 2012: $27,781Liabilities 2012: $27,610Net Assets 2012: $1712012Assets 2013: $12,923Liabilities 2013: $8,775Net Assets 2013: $4,1482013Assets 2014: $23,016Liabilities 2014: $3,636Net Assets 2014: $19,3802014Assets 2015: $12,481Liabilities 2015: $0Net Assets 2015: $12,4812015Assets 2016: $11,950Liabilities 2016: $622Net Assets 2016: $11,3282016Assets 2017: $19,620Liabilities 2017: $5,215Net Assets 2017: $14,4052017Assets 2018: $9,085Liabilities 2018: $2,365Net Assets 2018: $6,7202018Assets 2019: $11,028Liabilities 2019: $5,154Net Assets 2019: $5,8742019Assets 2020: $6,772Liabilities 2020: $9,236Net Assets 2020: -$2,4642020Assets 2021: $42,430Liabilities 2021: $4,020Net Assets 2021: $38,4102021Assets 2022: $87,570Liabilities 2022: $1,525Net Assets 2022: $86,0452022Assets 2023: $104,313Liabilities 2023: $1,648Net Assets 2023: $102,6652023Assets 2024: $123,171Liabilities 2024: $2,181Net Assets 2024: $120,9902024

Highlighted filing

2022

Assets$87,570
Liabilities$1,525
Net Assets$86,045

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $154,1872010Expenses 2011: $115,5642011Expenses 2012: $60,5202012Revenue 2013: $79,808Expenses 2013: $79,871Net Income 2013: -$632013Revenue 2014: $72,278Expenses 2014: $55,040Net Income 2014: $17,2382014Revenue 2015: $76,050Expenses 2015: $77,062Net Income 2015: -$1,0122015Revenue 2016: $77,473Expenses 2016: $78,626Net Income 2016: -$1,1532016Revenue 2017: $100,884Expenses 2017: $100,123Net Income 2017: $7612017Revenue 2018: $147,475Expenses 2018: $155,160Net Income 2018: -$7,6852018Revenue 2019: $154,589Expenses 2019: $155,435Net Income 2019: -$8462019Revenue 2020: $142,112Expenses 2020: $150,450Net Income 2020: -$8,3382020Revenue 2021: $183,816Expenses 2021: $142,942Net Income 2021: $40,8742021Revenue 2022: $215,674Expenses 2022: $168,039Net Income 2022: $47,6352022Revenue 2023: $235,732Expenses 2023: $219,112Net Income 2023: $16,6202023Revenue 2024: $257,794Expenses 2024: $239,469Net Income 2024: $18,3252024

Highlighted filing

2022

Revenue$215,674
Expenses$168,039
Net Income$47,635
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 27, 2023
Return Version
2022v5.0
Gross Receipts
$282,100
Mission and Program Overview

Mission

Advance the profession of homebuilding in michigans upper peninsula through education, newsletters and home shows

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$38,410$86,045▲ $47,635
Cash and Non-Interest-Bearing Accounts$34,951$81,158▲ $46,207
Accounts Receivable$7,479$5,567▼ $1,912
Total Assets$42,430$87,570▲ $45,140
Other Assets Total-$845-
Liabilities
Other Liabilities$4,020$1,140▼ $2,880
Accounts Payable and Accrued Expenses-$385-
Total Liabilities$4,020$1,525▼ $2,495
Net Assets / Fund Balance
Total Net Assets Fund Balance$38,410$86,045▲ $47,635
Total Liabilities and Net Assets / Fund Balance$42,430$87,570▲ $45,140

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$5,564$5,564
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sarah FosterExecutive DirectorFT$39,724$39,724

Board Members and Trustees

NameTitle
David MartinImmediate Past President
Pat HealyPresident
James GorieskyVice President
Chase PalosaariDirector
Dan PalosaariDirector
Greg DixDirector
Mark PynnonenDirector
Matt AndersonDirector
Nino FogaroliDirector
Rich GleesonDirector
Stig FjeldheimDirector
Tracy HenriksenSecretary
Lynn SwadleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$72,602
Program Service Revenue
$122,391
Investment Income
$59
Other Revenue
$20,622
All Other Contributions
$2,082
Change in Net Assets
$47,635
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$123,026
Salaries, Compensation, and Employee Benefits$42,813
Grants and Similar Amounts Paid$2,200
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$35,087$45,948-$45,948
Current Officers, Directors, Trustees, and Key Employees-$39,725-$39,725
Office Expenses$6,591$4,312-$10,903
Conferences and Meetings$7,208--$7,208
Depreciation Depletion$4,196$1,368-$5,564
Information Technology-$3,740-$3,740
Payroll Taxes-$3,088-$3,088
Occupancy-$2,399-$2,399
Grants to Domestic Individuals$2,200--$2,200
Insurance-$2,177-$2,177
Advertising-$1,744-$1,744
Travel-$1,348-$1,348
Fees for Services Accounting-$990-$990
All Other Expenses-$810-$810
Total Functional Expenses$55,282$112,757$0$168,039
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$87,048
Fundraising Direct Expenses$66,426
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wild Game Dinner$61,052$61,052$8,739$52,313
Golf Outting$13,243$13,243$497$12,746
Total Events$74,295$74,295$51,489$22,806
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$1,140
Payroll taxes-
Hbam Loan-
Oce Payoff - Ahwc Development-
Oce Payoff - Swadley Development-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 12C

Conflict of interest reviewed at annual board meeting

Form 990, Part VI, Section B, Line 11B

Return is reviewed by executive director prior to filing

Form 990, Part VI, Section C, Line 19

Policies are available at the business office for the public to review

Filing and Contact Details

Filer

Filer Name
Home Builders Associaton of the Upper Peninsula
EIN
38-2871665
Phone
9062282312
Address
3125 WRIGHT ST, MARQUETTE, MI 49855

Signing Officer

Name
Sarah E Foster
Title
President
Phone
9062282312
Signed
2023-06-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah E Foster
Formed
1988
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
13
Employees
1
Volunteers
43

Preparer

Firm
Chapman & Myers Cpas Pc
Address
1010 W WASHINGTON ST STE 201, MARQUETTE, MI 49855
Preparer
James E Myers
Phone
9062287616
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Program services not reported on prior year 990 described under each accomplishment

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IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03088
IRS990/PayrollTaxesGrp/TotalAmt03088
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0SARAH E FOSTER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0BUILDERS SHOW
IRS990/ProgramServiceRevenueGrp/Desc1NEWSLETTER, DIRECTORY, ADVERTS
IRS990/ProgramServiceRevenueGrp/Desc2REBATES
IRS990/ProgramServiceRevenueGrp/Desc3EDUCATION TRAINING
IRS990/ProgramServiceRevenueGrp/Desc4BLUEPRINTS MAPPING PRINTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0102736
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1600
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23949
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt38478
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt46628
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0102736
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23949
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt38478
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt46628
IRS990/ProgSrvcAccomActy2Grp/Desc0DONATIONS TO CHARITABLE BUSINESS AND SCHOLARSHIPS FOR TRADE SCHOOL INDIVIDUALS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02200
IRS990/ProgSrvcAccomActy3Grp/Desc0CONTINUED TO MAINTAIN A PRINTING ROOM THAT IS AVAILABLE FOR MEMBERS TO USE, PROVIDING USERS WITH THE RESOURCES, SUPPLIES, AND TECHNOLOGY TO PRINT PLANS, BLUEPRINTS, ETC.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt010787
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt084959
IRS990/PYGrantsAndSimilarPaidAmt01000
IRS990/PYInvestmentIncomeAmt031
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0101366
IRS990/PYOtherRevenueAmt03850
IRS990/PYProgramServiceRevenueAmt094976
IRS990/PYRevenuesLessExpensesAmt040874
IRS990/PYSalariesCompEmpBnftPaidAmt040576
IRS990/PYTotalExpensesAmt0142942
IRS990/PYTotalRevenueAmt0183816
IRS990/ReconcilationRevenueExpnssAmt047635
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt038410
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt086045
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05564
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05564
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01140
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Payroll taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2HBAM LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3OCE PAYOFF - AHWC DEVELOPMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4OCE PAYOFF - SWADLEY DEVELOPMENT
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalLiabilityAmt01140
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt051489
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0WILD GAME DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF OUTTING
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01323
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt01908
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt03231
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt061052
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt013243
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt074295
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt061052
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt013243
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt074295
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt022806
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt017888
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt01517
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt019405
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09236
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08739
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0497
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt013843
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt05774
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt019617
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAVID MARTIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0IMMEDIATE PAST PRESIDENT
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CONFLICT OF INTEREST REVIEWED AT ANNUAL BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RETURN IS REVIEWED BY EXECUTIVE DIRECTOR PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2POLICIES ARE AVAILABLE AT THE BUSINESS OFFICE FOR THE PUBLIC TO REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROGRAM SERVICES NOT REPORTED ON PRIOR YEAR 990 DESCRIBED UNDER EACH ACCOMPLISHMENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part III, Line 2
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0true
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt042430
IRS990/TotalAssetsEOYAmt087570
IRS990/TotalAssetsGrp/BOYAmt042430
IRS990/TotalAssetsGrp/EOYAmt087570
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt072602
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0112757
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt055282
IRS990/TotalFunctionalExpensesGrp/TotalAmt0168039
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04020
IRS990/TotalLiabilitiesEOYAmt01525
IRS990/TotalLiabilitiesGrp/BOYAmt04020
IRS990/TotalLiabilitiesGrp/EOYAmt01525
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt038410
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt086045
IRS990/TotalProgramServiceExpensesAmt055282
IRS990/TotalProgramServiceRevenueAmt0122391

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.02$1.21$2.58$2.39$0.18
2023Detailed filing. Detailed filing data is available for this year.$1.04$0.02$1.03$2.36$2.19$0.17
2022Detailed filing. Detailed filing data is available for this year.$0.88$0.02$0.86$2.16$1.68$0.48
2021Detailed filing. Detailed filing data is available for this year.$0.42$0.04$0.38$1.84$1.43$0.41
2020Detailed filing. Detailed filing data is available for this year.$0.07$0.09$0.02$1.42$1.50$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.11$0.05$0.06$1.55$1.55$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.09$0.02$0.07$1.47$1.55$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.20$0.05$0.14$1.01$1.00$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.12$0.01$0.11$0.77$0.79$0.01
2015Summary only. Only limited summary data is available for this year.$0.12$0.00$0.12$0.76$0.77$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.23$0.04$0.19$0.72$0.55$0.17
2013Detailed filing. Detailed filing data is available for this year.$0.13$0.09$0.04$0.80$0.80$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.28$0.00$0.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.46$0.16$1.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.56$0.09$1.54