Civic Intelligence

Home Builders Institute

EIN 52-1266885 • 501(c)3 • Washington, DC

View Organization Page

Profile

We change lives by educating, inspiring, and preparing individuals for careers in the building industry.

1201 15th Street NW 6th FloorWashington, DC 20005

www.hbi.org

Siviq Scores

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

Liabilities / Assets

68th percentile

0.45x

Higher debt load relative to assets than 68% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

37th percentile

0.22x

Higher debt load relative to revenue than 37% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

59th percentile

7.9%

Higher net margin than 59% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

90th percentile

30%

Faster asset growth than 90% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

7.8%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$23,978,965

Up $5,497,632 (+30%) from 2023

Liabilities

Up

$10,865,654

Up $1,425,827 (+15%) from 2023

Net Assets

Up

$13,113,311

Up $4,071,805 (+45%) from 2023

Operations
Liabilities / Revenue37th percentileNet Margin59th percentile

Revenue

Up

$50,413,946

Up $3,640,247 (+7.8%) from 2023

Expenses

Up

$46,449,721

Up $1,317,305 (+2.9%) from 2023

Net Income

Up

$3,964,225

Up $2,322,942 (+142%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth90th percentile

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

$30M$20M$10M$0Assets 2010: $5,172,821Liabilities 2010: $4,893,704Net Assets 2010: $279,1172010Assets 2011: $3,989,357Liabilities 2011: $3,737,197Net Assets 2011: $252,1602011Assets 2012: $3,950,646Liabilities 2012: $3,548,815Net Assets 2012: $401,8312012Assets 2013: $3,373,319Liabilities 2013: $2,377,375Net Assets 2013: $995,9442013Assets 2014: $4,582,023Liabilities 2014: $3,702,645Net Assets 2014: $879,3782014Assets 2015: $3,489,386Liabilities 2015: $2,276,045Net Assets 2015: $1,213,3412015Assets 2016: $3,867,069Liabilities 2016: $2,380,450Net Assets 2016: $1,486,6192016Assets 2017: $6,265,870Liabilities 2017: $3,222,667Net Assets 2017: $3,043,2032017Assets 2018: $5,180,120Liabilities 2018: $3,480,521Net Assets 2018: $1,699,5992018Assets 2019: $5,667,599Liabilities 2019: $4,818,252Net Assets 2019: $849,3472019Assets 2020: $9,173,833Liabilities 2020: $7,889,554Net Assets 2020: $1,284,2792020Assets 2021: $13,142,245Liabilities 2021: $7,310,212Net Assets 2021: $5,832,0332021Assets 2022: $17,695,686Liabilities 2022: $10,235,577Net Assets 2022: $7,460,1092022Assets 2023: $18,481,333Liabilities 2023: $9,439,827Net Assets 2023: $9,041,5062023Assets 2024: $23,978,965Liabilities 2024: $10,865,654Net Assets 2024: $13,113,3112024

Highlighted filing

2024

Assets$23,978,965
Liabilities$10,865,654
Net Assets$13,113,311
Open 2024 Filing

Operations Trend

Revenue Growth51st percentile

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

$60M$40M$20M$0-$20MExpenses 2010: $27,723,0472010Expenses 2011: $27,861,6752011Expenses 2012: $27,217,7692012Revenue 2013: $26,011,767Expenses 2013: $25,489,615Net Income 2013: $522,1522013Revenue 2014: $24,375,868Expenses 2014: $24,457,569Net Income 2014: -$81,7012014Revenue 2015: $25,316,264Expenses 2015: $24,950,068Net Income 2015: $366,1962015Revenue 2016: $25,667,251Expenses 2016: $25,425,154Net Income 2016: $242,0972016Revenue 2017: $27,024,616Expenses 2017: $25,527,472Net Income 2017: $1,497,1442017Revenue 2018: $25,081,034Expenses 2018: $26,324,988Net Income 2018: -$1,243,9542018Revenue 2019: $28,427,125Expenses 2019: $29,407,071Net Income 2019: -$979,9462019Revenue 2020: $30,092,738Expenses 2020: $29,766,024Net Income 2020: $326,7142020Revenue 2021: $43,277,759Expenses 2021: $38,814,570Net Income 2021: $4,463,1892021Revenue 2022: $40,034,347Expenses 2022: $38,201,673Net Income 2022: $1,832,6742022Revenue 2023: $46,773,699Expenses 2023: $45,132,416Net Income 2023: $1,641,2832023Revenue 2024: $50,413,946Expenses 2024: $46,449,721Net Income 2024: $3,964,2252024

Highlighted filing

2024

Revenue$50,413,946
Expenses$46,449,721
Net Income$3,964,225
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$23,978,965
Liabilities
$10,865,654
Net assets
$13,113,311
Revenue
$50,413,946
Expenses
$46,449,721
Net income
$3,964,225
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.0$10.9$13.1$50.4$46.4$3.96
2023Detailed filing. Detailed filing data is available for this year.$18.5$9.44$9.04$46.8$45.1$1.64
2022Detailed filing. Detailed filing data is available for this year.$17.7$10.2$7.46$40.0$38.2$1.83
2021Detailed filing. Detailed filing data is available for this year.$13.1$7.31$5.83$43.3$38.8$4.46
2020Detailed filing. Detailed filing data is available for this year.$9.17$7.89$1.28$30.1$29.8$0.33
2019Detailed filing. Detailed filing data is available for this year.$5.67$4.82$0.85$28.4$29.4$0.98
2018Detailed filing. Detailed filing data is available for this year.$5.18$3.48$1.70$25.1$26.3$1.24
2017Detailed filing. Detailed filing data is available for this year.$6.27$3.22$3.04$27.0$25.5$1.50
2016Detailed filing. Detailed filing data is available for this year.$3.87$2.38$1.49$25.7$25.4$0.24
2015Detailed filing. Detailed filing data is available for this year.$3.49$2.28$1.21$25.3$25.0$0.37
2014Detailed filing. Detailed filing data is available for this year.$4.58$3.70$0.88$24.4$24.5$0.08
2013Detailed filing. Detailed filing data is available for this year.$3.37$2.38$1.00$26.0$25.5$0.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.95$3.55$0.40$27.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.99$3.74$0.25$27.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.17$4.89$0.28$27.7
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 20, 2025
Return Version
2024v5.2
Gross Receipts
$58,727,171
Mission and Program Overview

Mission

HBI's mission is to serve the workforce development needs of the building industry. Working through and with state and local HBA's and industry participants, HBI seeks to advance and provide the education, training and placement of men and women in careers serving the workforce needs of the building industry.HBI's mission is guided by a commitment to excellence embodied in thefollowing strategic goals:I. Create a unified HBI - integrate cultures and service delivery models, and restructure the organization for growthII. Develop a robust business development program and function to create and expand new opportunitiesIII. Strengthen HBI brand recognitionIV. Recruit, develop and retain the best talent to deliver our program and services

We change lives by educating, inspiring and preparing individuals for careers in the building industry

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$10,140,342$11,299,785▲ $1,159,443
Accounts Receivable$3,961,156$6,867,939▲ $2,906,783
Investments in Publicly Traded Securities$1,142,269$1,827,552▲ $685,283
Prepaid Expenses and Deferred Charges$323,524$445,131▲ $121,607
Land, Buildings, and Equipment, Net$246,762$168,482▼ $78,280
Total Assets$18,481,333$23,978,965▲ $5,497,632
Other Assets Total$2,667,280$3,370,076▲ $702,796
Liabilities
Mortgage Notes Payable Secured by Investment Property-$4,000,000-
Other Liabilities$3,048,084$3,651,624▲ $603,540
Accounts Payable and Accrued Expenses$3,996,962$3,214,030▼ $782,932
Deferred Revenue$2,394,781--
Total Liabilities$9,439,827$10,865,654▲ $1,425,827
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,237,226$9,394,055▲ $2,156,829
Net Assets With Donor Restrictions$1,804,280$3,719,256▲ $1,914,976
Total Net Assets Fund Balance$9,041,506$13,113,311▲ $4,071,805
Total Liabilities and Net Assets / Fund Balance$18,481,333$23,978,965▲ $5,497,632

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$42,519$892,572$935,091
Leasehold Improvements$125,963$116,274$242,237
Other Assets Org$3,370,076--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edward BradyPresident and CEOFT$566,390$195,655$762,045
Jeremy AlbrittonSr VP, CFO & TreasurerFT$283,305$52,126$335,431
Emily PriceSVP, Development and PartnershipsFT$188,213$64,341$252,554
Tammy Jo ScrivenVP of Human ResourcesFT$211,313$35,386$246,699
Jeremy HurleySVP, Program OperationsFT$205,317$35,056$240,373
Lauren SullivanChief of Staff, Corporate SecretaryFT$178,218$48,487$226,705
Gretchen CantaliVP Job CorpsFT$174,260$28,644$202,904
John RodgersDirector, Program ManagementFT$128,964$59,222$188,186
Lauren JohnsonAvp Program PerformanceFT$139,935$42,996$182,931
Marijia BaileyAvp Finance/controllerFT$166,229$15,269$181,498
Stephen CousinsAvp, Industry RelationsFT$145,371$29,391$174,762
Gregg RomanoSVP, Program OperationsFT$148,895$25,662$174,557
Keith EstleDirector, Career ServicesFT$143,929$26,315$170,244
Mario GonzalezVP, WteFT$143,611$25,061$168,672
Aravind KumarAvp, Information TechnologyFT$150,445$14,538$164,983

Board Members and Trustees

NameTitle
Pamela PatenaudeChair
Brad SimonsVice Chair
Adam RockeTrustee
Alfonso Costa JrTrustee
Carin Marcy BarthTrustee
Carl HarrisTrustee
Chuck BakerTrustee
Chuck FowkeTrustee
Dr Brian JohnsonTrustee
Dr Bryon L ErnestTrustee
Dr Casey SacksTrustee
Erin DeweeseTrustee
Eugene GrafTrustee
Fernando Gil-ensenantTrustee
George HessTrustee
Gregory UgaldeTrustee
Joseph LandersTrustee
Renee ZentzTrustee
Scott SedamTrustee
Seth AppletonTrustee
Steve DewittTrustee
Tim HouriganTrustee
Tom WintersTrustee
Patsy SmithTrustee Emeritus
Mel MartinezTrustee Until 04/2024
Jim TobinEx-officio

Highest Paid Contractors

ContractorServicesLocationCompensation
Grandmasters LLCProfessional Services704 228TH AVE NE SUITE 332, Sammamish, WA 98074$259,107
Bg Solutions LLCProfessional Services1577 SPRING HILL ROAD SUITE 220, Vienna, VA 22182$172,591
Aspen Leadership Group LLCProfessional Services1580 N LOGAN ST STE 660 PMB 9238, Denver, CO 80203$145,074
Litmos US LPProfessional Services2700 CAMINO RAMON SUITE 200, San Ramon, CA 94583$132,828
Marcum LLPProfessional ServicesPO BOX 95000-2288, Philadelphia, PA 19195-0001$111,428
Revenue and Support

Revenue Composition

Contributions and Grants
$50,075,672
Program Service Revenue
$0
Investment Income
$338,274
Other Revenue
$0
All Other Contributions
$15,899,884
Change in Net Assets
$3,964,225

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table5$330,000Book
Other Non Cash Contri Table7$3,550Fair Market Value (FMV)
Total Noncash Contributions12$333,550-

Audited Revenue Reconciliation

Revenue per Audited Statements
$50,390,928
Revenue Not Reported on Financial Statements
$23,018
Revenue Not Reported on Form 990
$107,580
Total Revenue per Audited Statements
$50,498,508
Total Revenue per Form 990
$50,413,946
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$32,482,266
Other Expenses$13,562,655
Total Fundraising Expense$1,035,942
Grants and Similar Amounts Paid$404,800
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$18,445,485$2,522,112$378,343$21,345,940
Other Employee Benefits$4,435,919$382,051$83,229$4,901,199
Travel$2,540,549$260,174$57,056$2,857,779
Current Officers, Directors, Trustees, and Key Employees$2,429,797$307,217$55,857$2,792,871
Payroll Taxes$1,701,846$215,176$39,123$1,956,145
Occupancy$1,412,879$232,307$15,139$1,660,325
Pension Plan Contributions$1,373,815$112,296-$1,486,111
Office Expenses$819,745$582,057$6,673$1,408,475
Fees for Services Other$480,640$363,080$230,440$1,074,160
Information Technology$334,727$423,122$160,482$918,331
Insurance$602,102$193,956$2,393$798,451
Grants to Domestic Orgs$404,800--$404,800
Other Expenses$132,289$67,919$956$201,164
Fees for Services Accounting-$153,058-$153,058
Depreciation Depletion-$116,354-$116,354
Fees for Services Legal-$91,430-$91,430
Advertising$36,266$18,750$165$55,181
Fees for Service Investment Mgmnt Fees-$23,018-$23,018
Interest-$1,467-$1,467
Total Functional Expenses$39,219,941$6,193,838$1,035,942$46,449,721

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$46,449,721
Expenses per Audited Statements$46,426,703
Total Expenses per Audited Statements$46,426,703
Expenses Not Reported on Financial Statements$23,018
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
100 Black Men of the Bay Area IncOakland, CA501(c)(3)Give Individual Industry Exposure Activities and Training and Have Individuals Complete and Earn Certification (hbi Pact Core)$350,000
Tennessee Builders Education FundCollierville, TN501(c)(3)Setup Up Schools on Pact Curriculum in Tennessee$30,000
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
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities, Net$3,651,624
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

“The institute has an executive committee, which may exercise the board's authority in between meetings of the board of trustees, and is accountable to the board of trustees for its decisions. The executive committee specifically has the duty to approve the appointment of all attorneys, accountants, and other outside consultants, other than subcontractors hired to perform routine tasks in the field. The executive committee shall be composed of five members, who shall be the chairman, vice chairman, and three other trustees recommended by the chairman with the approval of two-thirds of the board. The president of hbi shall serve as an ex-officio member of the executive committee.”

Form 990, Part VI, Section A, Line 4

“In march 2024, the by-laws were amended to reflect that at least 51% of hbi's nominating committee composition is made up of members of nahb's board of directors or leadership council. In september 2024, the by-laws were updated to reflect that trustees may nominate themselves or others to be chair or vice chair via submission to the chair of the nominating committee.”

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

“After preparation from the provider, the draft is reviewed by the controller and cfo of hbi. Lastly after the form is reviewed by the b&f committee it is sent to the board for final review.”

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

“At the board's initial meeting for the calendar year, the conflict of interest policy is reviewed. They are given a copy for the policy to read and sign a form to indicate that they understand the policy and agree to comply with it.”

Form 990, Part VI, Section B, Line 15

“The executive committee of the board serves, among their duties, as the compensation committee. They review, negotiate and approve changes to the compensation of the ceo. Compensation of officers is based on the discretion of the ceo within the context of the board approved budget. For other staff compensation, the human resources department utilizes third party support and market data to conduct compensation studies and periodically adjusts salary bands accordingly. The human resources team also leads the annual performance review process whereby individuals are plotted within their respective band based on performance factors. Currently, the board has commissioned a marketplace study and an independent consultant to provide data and recommendations to the executive committee related to the ceo's compensation and other relevant data for compensation of the executive team (i.e. Top management). At least annually the executive team (management) reviews the compensation policy to ensure that processes are prudent and being adhered to. The process described here was last completed in 2024.”

Form 990, Part VI, Section C, Line 19

“Hbi's form 990, governing policies, conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Home Builders Institute
EIN
52-1266885
Phone
2023710600
Address
1201 15TH STREET NW 6TH FLOOR, WASHINGTON, DC 20005
Doing Business As
Hbi

Signing Officer

Name
Jeremy Albritton
Title
Sr VP and CFO
Phone
2023710600
Signed
2025-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Brady
Formed
1981
Legal Domicile
Dc
Voting Board Members
25
Independent Board Members
25
Employees
387
Volunteers
26

Preparer

Firm
Cliftonlarsonallen Llp
Address
950 NORTH GLEBE ROAD SUITE 1200, ARLINGTON, VA 22203
Preparer
Robert Williams
Phone
5712279500
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The audit review process has remained unchanged from the prior year.”

Raw XML AppendixShowing 400 of 1,064 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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IRS990/AccountsReceivableGrp/EOYAmt06867939
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0WE CHANGE LIVES BY EDUCATING, INSPIRING AND PREPARING INDIVIDUALS FOR CAREERS IN THE BUILDING INDUSTRY
IRS990/AdvertisingGrp/FundraisingAmt0165
IRS990/AdvertisingGrp/ManagementAndGeneralAmt018750
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE UNTIL 04/2024
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26PRESIDENT AND CEO

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