Civic Intelligence

North Carolina Home Builders Association

EIN 56-0891671 • 501(c)6 • Raleigh, NC

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Profile

An association of building professionals and related industries working together to provide safe and affordable housing for the people of north carolina. We protect the american dream of home ownership through advocacy, education, and professional business development.

Post Office Box 99090Raleigh, NC 27624-9090

www.nchba.org

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.11x

Higher debt load relative to assets than 33% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

36th percentile

0.18x

Higher debt load relative to revenue than 36% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

34th percentile

0.3%

Higher net margin than 34% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

84th percentile

$490,435

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Asset Growth

34th percentile

1.3%

Faster asset growth than 34% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

78th percentile

16%

Faster revenue growth than 78% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$7,603,701

Up $98,034 (+1.3%) from 2023

Liabilities

Down

$819,144

Down $15,519 (-1.9%) from 2023

Net Assets

Up

$6,784,557

Up $113,553 (+1.7%) from 2023

Operations
Liabilities / Revenue36th percentileNet Margin34th percentile

Revenue

Up

$4,521,409

Up $632,730 (+16%) from 2023

Expenses

Up

$4,509,232

Up $708,366 (+19%) from 2023

Net Income

Down

$12,177

Down $75,636 (-86%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth34th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $5,484,823Liabilities 2011: $433,483Net Assets 2011: $5,051,3402011Assets 2012: $5,460,896Liabilities 2012: $461,229Net Assets 2012: $4,999,6672012Assets 2013: $5,541,275Liabilities 2013: $523,159Net Assets 2013: $5,018,1162013Assets 2014: $5,640,308Liabilities 2014: $418,302Net Assets 2014: $5,222,0062014Assets 2015: $5,901,469Liabilities 2015: $516,059Net Assets 2015: $5,385,4102015Assets 2016: $6,023,008Liabilities 2016: $547,869Net Assets 2016: $5,475,1392016Assets 2017: $6,238,263Liabilities 2017: $598,996Net Assets 2017: $5,639,2672017Assets 2018: $6,404,945Liabilities 2018: $618,794Net Assets 2018: $5,786,1512018Assets 2019: $6,514,022Liabilities 2019: $585,385Net Assets 2019: $5,928,6372019Assets 2020: $7,058,734Liabilities 2020: $742,194Net Assets 2020: $6,316,5402020Assets 2021: $7,309,205Liabilities 2021: $645,605Net Assets 2021: $6,663,6002021Assets 2022: $7,233,567Liabilities 2022: $773,986Net Assets 2022: $6,459,5812022Assets 2023: $7,505,667Liabilities 2023: $834,663Net Assets 2023: $6,671,0042023Assets 2024: $7,603,701Liabilities 2024: $819,144Net Assets 2024: $6,784,5572024

Highlighted filing

2024

Assets$7,603,701
Liabilities$819,144
Net Assets$6,784,557
Open 2024 Filing

Operations Trend

Revenue Growth78th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,915,137Expenses 2011: $2,001,890Net Income 2011: -$86,7532011Revenue 2012: $1,771,102Expenses 2012: $1,831,059Net Income 2012: -$59,9572012Revenue 2013: $1,963,383Expenses 2013: $1,935,778Net Income 2013: $27,6052013Revenue 2014: $2,120,997Expenses 2014: $1,935,048Net Income 2014: $185,9492014Revenue 2015: $2,249,308Expenses 2015: $2,068,550Net Income 2015: $180,7582015Revenue 2016: $2,696,921Expenses 2016: $2,611,798Net Income 2016: $85,1232016Revenue 2017: $2,928,025Expenses 2017: $2,745,088Net Income 2017: $182,9372017Revenue 2018: $3,082,245Expenses 2018: $2,905,991Net Income 2018: $176,2542018Revenue 2019: $3,226,041Expenses 2019: $3,143,092Net Income 2019: $82,9492019Revenue 2020: $3,432,334Expenses 2020: $3,081,037Net Income 2020: $351,2972020Revenue 2021: $3,801,465Expenses 2021: $3,295,162Net Income 2021: $506,3032021Revenue 2022: $3,244,269Expenses 2022: $3,439,749Net Income 2022: -$195,4802022Revenue 2023: $3,888,679Expenses 2023: $3,800,866Net Income 2023: $87,8132023Revenue 2024: $4,521,409Expenses 2024: $4,509,232Net Income 2024: $12,1772024

Highlighted filing

2024

Revenue$4,521,409
Expenses$4,509,232
Net Income$12,177
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$7,603,701
Liabilities
$819,144
Net assets
$6,784,557
Revenue
$4,521,409
Expenses
$4,509,232
Net income
$12,177
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.60$0.82$6.78$4.52$4.51$0.01
2023Detailed filing. Detailed filing data is available for this year.$7.51$0.83$6.67$3.89$3.80$0.09
2022Detailed filing. Detailed filing data is available for this year.$7.23$0.77$6.46$3.24$3.44$0.20
2021Detailed filing. Detailed filing data is available for this year.$7.31$0.65$6.66$3.80$3.30$0.51
2020Detailed filing. Detailed filing data is available for this year.$7.06$0.74$6.32$3.43$3.08$0.35
2019Summary only. Only limited summary data is available for this year.$6.51$0.59$5.93$3.23$3.14$0.08
2018Summary only. Only limited summary data is available for this year.$6.40$0.62$5.79$3.08$2.91$0.18
2017Summary only. Only limited summary data is available for this year.$6.24$0.60$5.64$2.93$2.75$0.18
2016Summary only. Only limited summary data is available for this year.$6.02$0.55$5.48$2.70$2.61$0.09
2015Summary only. Only limited summary data is available for this year.$5.90$0.52$5.39$2.25$2.07$0.18
2014Summary only. Only limited summary data is available for this year.$5.64$0.42$5.22$2.12$1.94$0.19
2013Summary only. Only limited summary data is available for this year.$5.54$0.52$5.02$1.96$1.94$0.03
2012Summary only. Only limited summary data is available for this year.$5.46$0.46$5.00$1.77$1.83$0.06
2011Summary only. Only limited summary data is available for this year.$5.48$0.43$5.05$1.92$2.00$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$4,521,409
Mission and Program Overview

Mission

North carolina home builders association, inc. Is an association of building professionals and related industries working together to provide safe and affordable housing for the people of north carolina. We protect the american dream of home ownership through advocacy, education, and professional business development.

Building professionals working together to provide safe & affordable housing for the people of nc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$5,249,342$5,794,669▲ $545,327
Investments Program Related$681,360$674,041▼ $7,319
Cash and Non-Interest-Bearing Accounts$700,688$525,141▼ $175,547
Land, Buildings, and Equipment, Net$278,739$283,598▲ $4,859
Accounts Receivable$87,825$142,987▲ $55,162
Prepaid Expenses and Deferred Charges$82,029$82,814▲ $785
Savings and Temporary Cash Investments$187,102$65,672▼ $121,430
Total Assets$7,505,667$7,603,701▲ $98,034
Other Assets Total$238,582$34,779▼ $203,803
Liabilities
Deferred Revenue$419,773$505,798▲ $86,025
Accounts Payable and Accrued Expenses$15,149$226,783▲ $211,634
Other Liabilities$399,741$86,563▼ $313,178
Total Liabilities$834,663$819,144▼ $15,519
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,671,004$6,784,557▲ $113,553
Total Net Assets Fund Balance$6,671,004$6,784,557▲ $113,553
Total Liabilities and Net Assets / Fund Balance$7,505,667$7,603,701▲ $98,034

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$171,569$28,963$200,532
Other Land Buildings$92,219$61,967$154,186
Equipment$19,810$38,068$57,878
Investment Program Related Org$674,041--
Other Securities$5,794,669--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tim MintonExecutive Vice PresidentFT$442,626$47,809$490,435
Christopher MillisDirector of Regulatory AffFT$202,485$27,232$229,717
Mike CarpenterGeneral CounselFT$187,526$26,298$213,824
Cliff IsaacDirector of Codes and ConsFT$134,992$23,225$158,217
Steven WebbDirector of Legislative AfFT$134,269$21,614$155,883
Christine BowlingController (11/2023-currenFT$133,857$15,458$149,315
Tracie GarrettDirector of Special EventsFT$121,006$20,574$141,580

Board Members and Trustees

NameTitle
Jim DerricksonNchba Assoc Members Committee Chair
Charlene AllenSecretary/treasurer/chair-
Alan BanksNchba Past President
Bill DaleureNchba Past President
Brandon BryantNchba Past President
Brian PaceNchba Past President
Buddy HughesNchba Past President
Burl LanceNchba Past President
Charles MclaurinNchba Past President
Charles MullenNchba Past President
Chuck MillerNchba Past President
Danny AdamsNchba Past President
Dave StormontNchba Past President
David PresslyNchba Past President
Don BetsworthNchba Past President
Don CroomNchba Past President
Erik AndersonNchba Past President
Frank WiesnerNchba Past President
Gary EmblerNchba Past President
George HensonNchba Past President
Greg IsenhourNchba Past President
Harris GuptonNchba Past President
Herschel ReddingNchba Past President
J Gary HillNchba Past President
J Watts RobersonNchba Past President
James FordNchba Past President
Jonathan ElliotNchba Past President
Larue HambrickNchba Past President
Lyle GardnerNchba Past President
M Durwood StephensonNchba Past President
Mark MartinNchba Past President
Mark TiptonNchba Past President
Michael EnscoreNchba Past President
Paul MullicanNchba Past President
Phil WarrickNchba Past President
Ray RhodesNchba Past President
Rick BatchelorNchba Past President
Rick JudsonNchba Past President
Robert IngrahamNchba Past President
Robert YatkoNchba Past President
Russ DavisNchba Past President
Sean SullivanNchba Past President
Sherrill FawNchba Past President
Wes CarrollNchba Past President
Cody ByrdNchba President
Andi Dirkschneider-blissNcpwb President
Thomas McclainPresident-elect
Megan CarrollPresident/eo/es Council
Judy DinellePresidential Appointee
Katie MarianiPresidential Appointee
Dicky GephartFirst Vice President
Benjamin MeadsBoard Member
Britt WarrenBoard Member
Christy BeckBoard Member
Colt SimmonsBoard Member
Craig ClendeninBoard Member
Dan TingenBoard Member
David BuchananBoard Member
David WaetcherBoard Member
Dirk SwingBoard Member
Don CodyBoard Member
Donald LongBoard Member
Erin PierceBoard Member
Gary HayesBoard Member
Jason HelmsBoard Member
Jay CopeBoard Member
Je ThompsonBoard Member
Jeff KincaidBoard Member
Jeff ThroneburgBoard Member
Jenifer SchusterBoard Member
Jeremy BertrandBoard Member
Jessi HogshireBoard Member
Jimmy LoweBoard Member
Jimmy StephensBoard Member
John HoopesBoard Member
Josh ScottBoard Member
Julie RussoBoard Member
Kay BunchBoard Member
Ken JonesBoard Member
Kenneth CombsBoard Member
Lynn CummingsBoard Member
Mike JonesBoard Member
Randy WarrenBoard Member
Raymond MannBoard Member
Ron FoisterBoard Member
Ronald WeberBoard Member
Sean GallagherBoard Member
Shawn HortonBoard Member
Sherrill SmithBoard Member
Thomas BuckBoard Member
Tim MarionBoard Member
Todd WhittentonBoard Member
Van Groce JrBoard Member
Will AdamsBoard Member
William GoodrichBoard Member
Mark MerellRegion I VP
David PriceRegion Ii VP
Doug BallRegion Iii VP
Joan SwiftRegion Iv VP
Nora SpencerRegion V VP
Jeff SmithRegion Vii VP
Gus AdamsRegion Viii VP

Highest Paid Contractors

ContractorServicesLocationCompensation
Builders First LLCRent5580 CENTERVIEW DR, Raleigh, NC 27606$138,108
Revenue and Support

Revenue Composition

Contributions and Grants
$206,092
Program Service Revenue
$2,291,957
Investment Income
$195,224
Other Revenue
$1,828,136
All Other Contributions
$2,500
Change in Net Assets
$12,177

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,469,686
Revenue Not Reported on Financial Statements
$51,723
Revenue Not Reported on Form 990
$112,048
Other Revenue Adjustments
$10,672
Total Revenue per Audited Statements
$4,581,734
Total Revenue per Form 990
$4,521,409
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,445,515
Other Expenses$1,739,999
Grants and Similar Amounts Paid$323,718
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,420,118
Current Officers, Directors, Trustees, and Key Employees---$639,750
Grants to Domestic Orgs---$323,718
Travel---$194,991
Other Employee Benefits---$161,627
Occupancy---$151,736
Other Expenses---$132,501
Payroll Taxes---$119,011
All Other Expenses---$112,898
Pension Plan Contributions---$105,009
Office Expenses---$103,818
Conferences and Meetings---$60,493
Depreciation Depletion---$47,355
Fees for Services Lobbying---$41,123
Fees for Service Investment Mgmnt Fees---$41,051
Fees for Services Other---$26,236
Fees for Services Legal---$24,195
Fees for Services Accounting---$20,000
Advertising---$18,861
Insurance---$10,696
Total Functional Expenses$0$0$0$4,509,232

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,509,232
Expenses per Audited Statements$4,468,181
Total Expenses per Audited Statements$4,468,181
Expenses Not Reported on Financial Statements$41,051
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Home Builders Education Fund IncRaleigh, NC501(c)3To Promote and Educate the General Public as to the Importance of the Home Building Industry in North Carolina, and to Advocate for Legislative Candidates Who Appreciate the Importance of the Home Building Industry to the Economy of North Carolina.$200,000
Nchba Educational & Charitable FoundationRaleigh, NC501(c)3Financial Support$120,718
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
Yes
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$429,813
Total Nondeductible Lobbying and Political Cost$429,813
Total Exempt Function Spending$200,000

Section 527 Organizations

OrganizationLocationAmount
47-5357421Raleigh, NC$200,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Dues and Deposits$51,784
Operating Lease Liability Current$19,171
Operating Lease Liability Net$15,608
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 A, Line 6

“The organization is a 501(c)(6) nonprofit entity. Members are builders and associates (those who sell goods or services to builders) who specialize in the home building industry.”

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

“The 990 is reviewed in its entirety by the budget and finance committee before filing.”

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

“On an annual basis, each member of the board of directors and nchba employees shall be provided with a copy of the conflict of interest policy, and shall complete and sign the acknowledgement and disclosure form.”

Form 990, Part VI, Section B, Line 15

“The nchba board of directors delegates to its approval body the responsibility to approve compensation of any covered individual, defined as chief employed executive, officers, and key employees. Currently, the chief executive officer is the only person meeting the definition of "covered individual." in reviewing and approving the compensation of any covered individual the approval body will utilize impartial decision makers, comparability data, and concurrent documentation.”

Form 990, Part VI, Section C, Line 19

“Governing documents, policies, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
North Carolina Home Builders Association
EIN
56-0891671
Phone
9198334613
Address
POST OFFICE BOX 99090, RALEIGH, NC 27624-9090

Signing Officer

Name
Timothy L Minton
Title
Executive Vice President
Phone
9198334613
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy L Minton
Formed
1964
Legal Domicile
Nc
Voting Board Members
102
Independent Board Members
102
Employees
14
Volunteers
161

Preparer

Firm
Thomas Judy & Tucker Pa
Address
404 HUNT STREET SUITE 100, DURHAM, NC 27701
Preparer
Kristen Hoyle CPA
Phone
9195717055
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Book/tax difference - builders first, llc k-1 -10,672.”

FROM 990, PART XII, LINE 2C:

“This process has not changed from the prior year.”

FORM 990, SCHEDULE R, PART II, COLUMN B:

“The primary activity of the home builder's educational and charitable foundation is to provide scholarships for education and educational support to the members on housing, home building and related matters.”

FORM 990, SCHEDULE R, PART II, COLUMN B:

“The primary activity of the home builders education fund, inc., is to promote and educate the general public as to the importance of the home building industry in north carolina and to advocate for candidates who appreciate the importance of the home building industry to north carolina's economy.”

Financial Statement Notes

PART X, LINE 2:

“The association is exempt from income taxes as a not-for-profit organization under section 501(c)(6) of the internal revenue code. The association has implemented the accounting guidance for uncertainty in income taxes using the provisions of the fasb asc 740-10, income taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more-likely-than-not the position will be sustained upon examination by the tax authorities. As of december 31, 2024, the association had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. For the years ended december 31, 2024 and 2023, there were no interest or penalties recorded or included in the association's financial statements. The association is subject to routine audits by taxing jurisdictions; however there are currently no audits for any tax periods in progress.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Book/tax difference - builders first, llc k-1 10,672.”

Raw XML AppendixShowing 400 of 1,331 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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