Civic Intelligence

Home Builders Association of Winston Salem

EIN 56-6059257 • 501(c)6 • Winston Salem, NC

Profile

The Home Builders Association of Winston-Salem represents its professional membership to promote and support the home building and remodeling industry, and promote trade association of builders and related suppliers.

220 Charlois BlvdWinston Salem, NC 27103

www.hbaws.org

Siviq Scores

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

Liabilities / Assets

30th percentile

0.04x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.06x

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

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

56th percentile

6.3%

Higher net margin than 56% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

38th percentile

$93,249

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 12.5% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

40th percentile

2.1%

Faster asset growth than 40% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

11%

Faster revenue growth than 63% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets30th percentile

Assets

Up

$1,147,652

Up $23,790 (+2.1%) from 2023

Liabilities

Up

$43,973

Up $40,559 (+1188%) from 2023

Net Assets

Down

$1,103,679

Down $16,769 (-1.5%) from 2023

Operations
Liabilities / Revenue33rd percentileNet Margin56th percentile

Revenue

Up

$745,045

Up $70,826 (+11%) from 2023

Expenses

Up

$697,862

Up $103,926 (+17%) from 2023

Net Income

Down

$47,183

Down $33,100 (-41%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth40th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $557,851Liabilities 2010: $87,433Net Assets 2010: $470,4182010Assets 2011: $512,827Liabilities 2011: $81,680Net Assets 2011: $431,1472011Assets 2012: $553,541Liabilities 2012: $81,255Net Assets 2012: $472,2862012Assets 2013: $538,830Liabilities 2013: $69,468Net Assets 2013: $469,3622013Assets 2014: $598,680Liabilities 2014: $69,341Net Assets 2014: $529,3392014Assets 2015: $628,703Liabilities 2015: $87,474Net Assets 2015: $541,2292015Assets 2016: $685,953Liabilities 2016: $67,885Net Assets 2016: $618,0682016Assets 2017: $778,937Liabilities 2017: $77,901Net Assets 2017: $701,0362017Assets 2018: $761,627Liabilities 2018: $61,438Net Assets 2018: $700,1892018Assets 2019: $737,933Liabilities 2019: $61,140Net Assets 2019: $676,7932019Assets 2020: $755,058Liabilities 2020: $2,643Net Assets 2020: $752,4152020Assets 2021: $815,032Liabilities 2021: $35,636Net Assets 2021: $779,3962021Assets 2022: $1,056,875Liabilities 2022: $11,346Net Assets 2022: $1,045,5292022Assets 2023: $1,123,862Liabilities 2023: $3,414Net Assets 2023: $1,120,4482023Assets 2024: $1,147,652Liabilities 2024: $43,973Net Assets 2024: $1,103,6792024

Highlighted filing

2024

Assets$1,147,652
Liabilities$43,973
Net Assets$1,103,679
Open 2024 Filing

Operations Trend

Revenue Growth63rd percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $449,759Expenses 2010: $486,848Net Income 2010: -$37,0892010Expenses 2011: $473,0802011Expenses 2012: $471,1492012Revenue 2013: $458,812Expenses 2013: $461,736Net Income 2013: -$2,9242013Revenue 2014: $1,055,860Expenses 2014: $995,883Net Income 2014: $59,9772014Revenue 2015: $618,821Expenses 2015: $606,931Net Income 2015: $11,8902015Revenue 2016: $616,452Expenses 2016: $540,613Net Income 2016: $75,8392016Revenue 2017: $551,636Expenses 2017: $468,668Net Income 2017: $82,9682017Revenue 2018: $590,537Expenses 2018: $591,384Net Income 2018: -$8472018Revenue 2019: $627,875Expenses 2019: $651,271Net Income 2019: -$23,3962019Revenue 2020: $579,887Expenses 2020: $520,353Net Income 2020: $59,5342020Revenue 2021: $492,181Expenses 2021: $465,200Net Income 2021: $26,9812021Revenue 2022: $862,260Expenses 2022: $595,414Net Income 2022: $266,8462022Revenue 2023: $674,219Expenses 2023: $593,936Net Income 2023: $80,2832023Revenue 2024: $745,045Expenses 2024: $697,862Net Income 2024: $47,1832024

Highlighted filing

2024

Revenue$745,045
Expenses$697,862
Net Income$47,183
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$1,147,652
Liabilities
$43,973
Net assets
$1,103,679
Revenue
$745,045
Expenses
$697,862
Net income
$47,183
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.15$0.04$1.10$0.75$0.70$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.67$0.59$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.06$0.01$1.05$0.86$0.60$0.27
2021Detailed filing. Detailed filing data is available for this year.$0.82$0.04$0.78$0.49$0.47$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.75$0.58$0.52$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.74$0.06$0.68$0.63$0.65$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.76$0.06$0.70$0.59$0.59$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.78$0.08$0.70$0.55$0.47$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.69$0.07$0.62$0.62$0.54$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.63$0.09$0.54$0.62$0.61$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.07$0.53$1.06$1.00$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.54$0.07$0.47$0.46$0.46$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.08$0.47$0.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.08$0.43$0.47
2010Summary only. Only limited summary data is available for this year.$0.56$0.09$0.47$0.45$0.49$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 8, 2025
Return Version
2024v5.1
Gross Receipts
$745,045
Mission and Program Overview

Mission

The Home Builders Association of Winston-Salem represents its professional membership to promote and support the home building and remodeling industry, and promote trade association of builders and related suppliers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$866,985$766,173▼ $100,812
Land, Buildings, and Equipment, Net$183,215$315,240▲ $132,025
Accounts Receivable$73,662$37,316▼ $36,346
Total Assets$1,123,862$1,147,652▲ $23,790
Other Assets Total-$28,923-
Liabilities
Accounts Payable and Accrued Expenses$3,414$40,005▲ $36,591
Other Liabilities-$3,968-
Total Liabilities$3,414$43,973▲ $40,559
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,120,448$1,103,679▼ $16,769
Total Net Assets Fund Balance$1,120,448$1,103,679▼ $16,769
Total Liabilities and Net Assets / Fund Balance$1,123,862$1,147,652▲ $23,790

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$82,905$145,769$228,674
Leasehold Improvements$161,298$53,248$214,546
Land$71,037-$71,037
Equipment-$66,370$66,370
Compensation and Service Providers
Top Officer Pay38th percentile

Employees

NameTitleBaseTotal
Gisela LopezEmployee$93,249$93,249
Sarah AveryEmployee$49,388$49,388
Meredith BellancaEmployee$36,455$36,455

Board Members and Trustees

NameTitle
Joshua RicciImmediate Past President
Ron FoisterPresident
Aaron LangePresident - Elect
Barry WilsonPresidential Appointee
Michael EnscorePresidential Appointee
Lee Riddle1st Vice President
Heather Bowen2nd Vice President
Andrew ReeceBoard
Beth LawsonBoard
Brian JerseyBoard
Chuck HicksBoard
E Gray BuschBoard
Geoff MitchellBoard
J Chris ThompsonBoard
Jake DentonBoard
Jeff SessomsBoard
Jim DerricksonBoard
John Lewis-godfreyBoard
Jonathan LeeBoard
Julian RobbBoard
Kathy SnodgrassBoard
Kim LillyBoard
Sam MorganBoard
Shane WagonerBoard
Thomas MaierBoard
Keely RichardsonSecretary
Gary Cagle JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$524,923
Program Service Revenue
$197,598
Investment Income
$14,062
Other Revenue
$8,462
All Other Contributions
$40,179
Change in Net Assets
$47,183
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$487,820
Salaries, Compensation, and Employee Benefits$193,356
Total Fundraising Expense$45,770
Grants and Similar Amounts Paid$11,999
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$134,318$44,773-$179,091
All Other Expenses$63,102--$63,102
Advertising--$45,770$45,770
Travel$17,455--$17,455
Conferences and Meetings$16,008--$16,008
Payroll Taxes$10,699$3,566-$14,265
Depreciation Depletion-$14,176-$14,176
Office Expenses$9,780$3,260-$13,040
Information Technology$9,361$3,120-$12,481
Grants to Domestic Orgs$11,999--$11,999
Benefits to Members$4,687--$4,687
Insurance$4,357--$4,357
Fees for Services Accounting-$3,316-$3,316
Other Expenses$107,108$149-$149
Total Functional Expenses$579,732$72,360$45,770$697,862
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf & Other$147,278$147,278$25,996$121,282
Total Events$147,278$147,278$102,935$44,343
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
First Bank Cc$2,344
Simple Ira$972
Nc Wh Payable$652
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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 governing body review Part VI line 11

“990 is reviewed by president and treasurer”

Conflict of interest policy compliance Part VI line 12C

“Board members are required to sign a conflict of interest statement each year. Committees verify the assertions.”

CEO executive director top management comp Part VI line 15A

“Compensation is approved by the board of directors”

Other officer or key employee compensation Part VI line 15B

“Compensation is approved by the board of directors”

Governing documents etc available to public Part VI line 19

“Documents are available for inspection upon request”

Filing and Contact Details

Filer

Filer Name
Home Builders Association of Winston Salem
EIN
56-6059257
In Care Of
% GISELA LOPEZ
Phone
3367685942
Address
220 CHARLOIS BLVD, WINSTON SALEM, NC 27103

Signing Officer

Name
Gisela Lopez
Title
Executive Vice President
Phone
3367685942
Signed
2025-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Foister
Formed
1978
Legal Domicile
Nc
Voting Board Members
27
Independent Board Members
27
Employees
3

Preparer

Firm
CHANDLER & RICHTER PACPAs
Address
PO BOX 711, KERNERSVILLE, NC 27285
Preparer
Terry M Richter CPA
Phone
3369930515
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

“Utilitiesreimbursementsparkingproperty taxesrepairsgiftsrecruitingcontractor wagesdepreciation”

Raw XML AppendixShowing 400 of 561 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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IRS990/Form990PartVIISectionAGrp/TitleTxt25PRESIDENTIAL APPOINTEE
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