Civic Intelligence

Home Builders Assoc of Sw Virginia

EIN 46-1578662 • 501(c)6 • Bristol, VA

Profile

The organization is a trade association of professional builders, developers & associated firms & individuals engaged directly or indirectly in home building.

P O Box 16578Bristol, VA 24209

hbaofswv.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

2nd percentile

-1620%

Higher net margin than 2% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

8th percentile

-100%

Faster asset growth than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

5th percentile

-90%

Faster revenue growth than 5% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$0

Down $7,194 (-100%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

Down

$0

Down $7,194 (-100%) from 2016

Revenue

Down

$444

Down $3,866 (-90%) from 2016

Expenses

Up

$7,638

Up $2,751 (+56%) from 2016

Net Income

Down

-$7,194

Down $6,617 (-1147%) from 2016

Trend Graphs

Balance Sheet Trend

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

$15K$10K$5.0K$0Assets 2013: $5,140Liabilities 2013: $0Net Assets 2013: $5,1402013Assets 2014: $10,633Liabilities 2014: $0Net Assets 2014: $10,6332014Assets 2015: $7,771Liabilities 2015: $0Net Assets 2015: $7,7712015Assets 2016: $7,194Liabilities 2016: $0Net Assets 2016: $7,1942016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$30K$20K$10K$0-$10KRevenue 2013: $13,442Expenses 2013: $8,302Net Income 2013: $5,1402013Revenue 2014: $21,908Expenses 2014: $16,415Net Income 2014: $5,4932014Revenue 2015: $14,950Expenses 2015: $17,812Net Income 2015: -$2,8622015Revenue 2016: $4,310Expenses 2016: $4,887Net Income 2016: -$5772016Revenue 2017: $444Expenses 2017: $7,638Net Income 2017: -$7,1942017

Highlighted filing

2017

Revenue$444
Expenses$7,638
Net Income-$7,194

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$444
Mission and Program Overview

Mission

The organization is a trade association of professional builders, developers & associated firms & individuals engaged directly or indirectly in home building.

The organization was a trade association of professional builders, developers & associated firms & individuals engaged directly or indirectly in home building.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,194--
Total Assets$7,194$0▼ $7,194
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$7,194--
Total Net Assets Fund Balance$7,194$0▼ $7,194
Total Liabilities and Net Assets / Fund Balance$7,194$0▼ $7,194
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark PowersMember
Mike DuckettMember
Stafford StatzerMember
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$444
Change in Net Assets
$-7,194
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,687
Other Expenses$2,951
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$4,687--$4,687
Fees for Services Accounting$2,900--$2,900
Office Expenses$51--$51
Total Functional Expenses$7,638$0$0$7,638
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

Prior to 6/30/2015 the Home Builders Association of Southwest Virginia (the HBA) operated as a trade organization comprised of dues paying members and non-members engaged directly or indirectly in home building and light commercial construction. There are no stockholders. Volunteer members served as unpaid directors and officers. At 6/30/2017, there were no active volunteers or dues paying members. All memberships have lapsed.

Governing body decisions Part VI line 7B

Decisions made on behalf of the HBA by members & volunteer officers were presented to the members by mail twice during the year ended 6/30/2017. Recommendations from members, if any, that affect the decisions made would have been taken into consideration for the good of the organization. But, there was no response from any member or volunteer. Volunteer & member involvement effectively ceased as of 6/30/2015. The HBA has relinquished the charter with National Home Builders Association (NAHB).

Governing body meeting documentation Part VI line 8A

Volunteer members acting as a governing body of the HBA did not meet on a regular basis during the current reporting period. As such, no formal written summary of meetings was prepared. Actions taken affecting the future of the HBA were communicated to the membership via mail & email as considered necessary.

Committee meeting documentation Part VI line 8B

As stated in the explanation to Form 990, Part VI, line 8a, volunteer members acting as the governing body did not meet on a regular basis. The HBA had no committees as of 6/30/2017 or prior to its dissolution.

Form 990 governing body review Part VI line 11

The HBAs 2016 Form 990 was not reviewed by the volunteer board prior to submission to IRS since there has been no member participation prior to the filing of this return. IRS Form 990 was prepared by an independent tax preparer.

Officer director etc mailing address Part VI line 9

The only address for the HBA was a post office box. There was no physical location or office. No one can be reached at the entity address since the post office box rental has lapsed and the entity has been dissolved. Business addresses for the former volunteer members/officers include: Mike Duckett, Atmos Energy, 15440 Lee Highway in Bristol VA, Stafford Statzer, Berry Home Centers, 1090 Ole Berry Drive in Abingdon VA and Mark Powers, Lowes Home Improvement, 401 Cabela Drive in Bristol VA.

Form 990 availability to public Part VI line 18

The HBAs Form 990 can be made available to the general public upon request. There were no requests received during the current fiscal year, therefore no documents were made available to the public.

Governing documents etc available to public Part VI line 19

No request for review of governing documents, etc. was received therefore no reviews were conducted. There were no formal written governing documents.

Filing and Contact Details

Filer

Filer Name
Home Builders Assoc of SW Virginia
EIN
46-1578662
Address
P O Box 16578, Bristol, VA 24209

Signing Officer

Name
Georgeanne B Mullins
Title
Tax Preparer
Phone
4237647445
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
Va
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Georgeanne B Mullins
Address
1715 Clifton Road, Bristol, TN 37620
Preparer
Georgeanne B Mullins
Phone
4237647445
Supplemental Narrative

Additional Explanations

Cessation of or significant change to any program service Part III line 3

In August 2016, the HBA was effectively dissolved & their charter with National Association of Home Builders was revoked. Activity basically ceased following the March 2015 Home Show. The driving force of the HBA was a key volunteer member who began to suffer with poor health. He became inactive & as a result there was no member or volunteer that stepped up to take the members place. There was a written plea for member involvement sent to the members by mail in September 2015 but there was no response. Two more written pleas were made in January 2016 & March 2016 but again no response was received. Notification to National Association of Home Builders & Home Builders Association of Virginia of the intent to dissolve was made on 6/27/2016 and 7/1/2016 and was accepted.

List of other fees for services expenses Part IX line 11G

Fees for professional services, specifically monthly bookkeeping & preparation of Form 990 ($2,900) and disbursements to 3 other local non-profit organizations ($4,687) both exceeded 10% of total expense. The disbursements to 3 other local non-profit organizations were made to properly distribute the remaining cash in bank since the HBA has ceased to exist, as was their intention to do so upon dissolution of the entity.

Raw XML Appendix301 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.

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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm1Boys Girls Clubs of Mtn Empire
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm2Bristol Emergency Food Pantry
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Prior to 6/30/2015 the Home Builders Association of Southwest Virginia (the HBA) operated as a trade organization comprised of dues paying members and non-members engaged directly or indirectly in home building and light commercial construction. There are no stockholders. Volunteer members served as unpaid directors and officers. At 6/30/2017, there were no active volunteers or dues paying members. All memberships have lapsed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Decisions made on behalf of the HBA by members & volunteer officers were presented to the members by mail twice during the year ended 6/30/2017. Recommendations from members, if any, that affect the decisions made would have been taken into consideration for the good of the organization. But, there was no response from any member or volunteer. Volunteer & member involvement effectively ceased as of 6/30/2015. The HBA has relinquished the charter with National Home Builders Association (NAHB).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Volunteer members acting as a governing body of the HBA did not meet on a regular basis during the current reporting period. As such, no formal written summary of meetings was prepared. Actions taken affecting the future of the HBA were communicated to the membership via mail & email as considered necessary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3As stated in the explanation to Form 990, Part VI, line 8a, volunteer members acting as the governing body did not meet on a regular basis. The HBA had no committees as of 6/30/2017 or prior to its dissolution.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The HBAs 2016 Form 990 was not reviewed by the volunteer board prior to submission to IRS since there has been no member participation prior to the filing of this return. IRS Form 990 was prepared by an independent tax preparer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The only address for the HBA was a post office box. There was no physical location or office. No one can be reached at the entity address since the post office box rental has lapsed and the entity has been dissolved. Business addresses for the former volunteer members/officers include: Mike Duckett, Atmos Energy, 15440 Lee Highway in Bristol VA, Stafford Statzer, Berry Home Centers, 1090 Ole Berry Drive in Abingdon VA and Mark Powers, Lowes Home Improvement, 401 Cabela Drive in Bristol VA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The HBAs Form 990 can be made available to the general public upon request. There were no requests received during the current fiscal year, therefore no documents were made available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7No request for review of governing documents, etc. was received therefore no reviews were conducted. There were no formal written governing documents.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8In August 2016, the HBA was effectively dissolved & their charter with National Association of Home Builders was revoked. Activity basically ceased following the March 2015 Home Show. The driving force of the HBA was a key volunteer member who began to suffer with poor health. He became inactive & as a result there was no member or volunteer that stepped up to take the members place. There was a written plea for member involvement sent to the members by mail in September 2015 but there was no response. Two more written pleas were made in January 2016 & March 2016 but again no response was received. Notification to National Association of Home Builders & Home Builders Association of Virginia of the intent to dissolve was made on 6/27/2016 and 7/1/2016 and was accepted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Fees for professional services, specifically monthly bookkeeping & preparation of Form 990 ($2,900) and disbursements to 3 other local non-profit organizations ($4,687) both exceeded 10% of total expense. The disbursements to 3 other local non-profit organizations were made to properly distribute the remaining cash in bank since the HBA has ceased to exist, as was their intention to do so upon dissolution of the entity.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body meeting documentation Part VI line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Officer director etc mailing address Part VI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Cessation of or significant change to any program service Part III line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9List of other fees for services expenses Part IX line 11g
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Tax Preparer
ReturnHeader/BusinessOfficerGrp/PhoneNum04237647445
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Home Builders Assoc of SW Virginia
ReturnHeader/Filer/BusinessNameControlTxt0HOME
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ReturnHeader/Filer/USAddress/AddressLine1Txt0P O Box 16578
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ReturnHeader/FilingSecurityInformation/IPTm022:28:18
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Georgeanne B Mullins
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ReturnHeader/ReturnTs02018-05-15T22:24:41-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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