Civic Intelligence

Homebuilders Assoc of Cherokee Co

EIN 57-0687835 • 501(c)6 • Gaffney, SC

Profile

Home builders association

PO Box 218Gaffney, SC 29342
Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

42nd percentile

-3.0%

Higher net margin than 42% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

46th percentile

-3.5%

Faster asset growth than 46% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

2.9%

Faster revenue growth than 56% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$22,671

Down $819 (-3.5%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$22,671

Down $819 (-3.5%) from 2023

Operations
Liabilities / Revenue51st percentileNet Margin42nd percentile

Revenue

Up

$27,260

Up $768 (+2.9%) from 2023

Expenses

Down

$28,079

Down $282 (-1.0%) from 2023

Net Income

Up

-$819

Up $1,050 (+56%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth46th percentile

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

$30K$20K$10K$0Assets 2010: $20,732Liabilities 2010: $0Net Assets 2010: $20,7322010Assets 2011: $19,453Liabilities 2011: $0Net Assets 2011: $19,4532011Assets 2012: $19,297Liabilities 2012: $0Net Assets 2012: $19,2972012Assets 2013: $17,336Liabilities 2013: $0Net Assets 2013: $17,3362013Assets 2014: $16,538Liabilities 2014: $0Net Assets 2014: $16,5382014Assets 2015: $18,150Liabilities 2015: $0Net Assets 2015: $18,1502015Assets 2016: $20,688Liabilities 2016: $0Net Assets 2016: $20,6882016Assets 2017: $24,130Liabilities 2017: $0Net Assets 2017: $24,1302017Assets 2018: $27,816Liabilities 2018: $0Net Assets 2018: $27,8162018Assets 2019: $29,978Liabilities 2019: $0Net Assets 2019: $29,9782019Assets 2020: $28,742Liabilities 2020: $0Net Assets 2020: $28,7422020Assets 2021: $25,447Liabilities 2021: $0Net Assets 2021: $25,4472021Assets 2022: $25,359Liabilities 2022: $0Net Assets 2022: $25,3592022Assets 2023: $23,490Liabilities 2023: $0Net Assets 2023: $23,4902023Assets 2024: $22,671Liabilities 2024: $0Net Assets 2024: $22,6712024

Highlighted filing

2024

Assets$22,671
Liabilities$0
Net Assets$22,671
Open 2024 Filing

Operations Trend

Revenue Growth56th percentile

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

$40K$30K$20K$10K$0-$10KExpenses 2010: $32,3092010Expenses 2011: $29,6952011Expenses 2012: $27,3822012Revenue 2013: $27,168Expenses 2013: $29,129Net Income 2013: -$1,9612013Revenue 2014: $28,400Expenses 2014: $29,198Net Income 2014: -$7982014Revenue 2015: $27,981Expenses 2015: $26,369Net Income 2015: $1,6122015Revenue 2016: $29,688Expenses 2016: $27,150Net Income 2016: $2,5382016Revenue 2017: $31,498Expenses 2017: $28,056Net Income 2017: $3,4422017Revenue 2018: $29,095Expenses 2018: $25,409Net Income 2018: $3,6862018Revenue 2019: $33,804Expenses 2019: $31,642Net Income 2019: $2,1622019Revenue 2020: $27,221Expenses 2020: $28,457Net Income 2020: -$1,2362020Revenue 2021: $25,898Expenses 2021: $29,193Net Income 2021: -$3,2952021Revenue 2022: $29,222Expenses 2022: $29,310Net Income 2022: -$882022Revenue 2023: $26,492Expenses 2023: $28,361Net Income 2023: -$1,8692023Revenue 2024: $27,260Expenses 2024: $28,079Net Income 2024: -$8192024

Highlighted filing

2024

Revenue$27,260
Expenses$28,079
Net Income-$819
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$22,671
Liabilities
$0
Net assets
$22,671
Revenue
$27,260
Expenses
$28,079
Net income
-$819
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.7$0.00$22.7$27.3$28.1$0.82
2023Detailed filing. Detailed filing data is available for this year.$23.5$0.00$23.5$26.5$28.4$1.87
2022Detailed filing. Detailed filing data is available for this year.$25.4$0.00$25.4$29.2$29.3$0.09
2021Detailed filing. Detailed filing data is available for this year.$25.4$0.00$25.4$25.9$29.2$3.30
2020Detailed filing. Detailed filing data is available for this year.$28.7$0.00$28.7$27.2$28.5$1.24
2019Detailed filing. Detailed filing data is available for this year.$30.0$0.00$30.0$33.8$31.6$2.16
2018Detailed filing. Detailed filing data is available for this year.$27.8$0.00$27.8$29.1$25.4$3.69
2017Detailed filing. Detailed filing data is available for this year.$24.1$0.00$24.1$31.5$28.1$3.44
2016Detailed filing. Detailed filing data is available for this year.$20.7$0.00$20.7$29.7$27.2$2.54
2015Detailed filing. Detailed filing data is available for this year.$18.2$0.00$18.2$28.0$26.4$1.61
2014Detailed filing. Detailed filing data is available for this year.$16.5$0.00$16.5$28.4$29.2$0.80
2013Detailed filing. Detailed filing data is available for this year.$17.3$0.00$17.3$27.2$29.1$1.96
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.3$0.00$19.3$27.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.5$0.00$19.5$29.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.7$0.00$20.7$32.3
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 25, 2025
Return Version
2024v5.1
Gross Receipts
$37,147
Mission and Program Overview

Mission

Home builders association

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$23,490$22,671▼ $819
Total Assets$23,490$22,671▼ $819
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$23,490$22,671▼ $819
Total Net Assets Fund Balance$23,490$22,671▼ $819
Total Liabilities and Net Assets / Fund Balance$23,490$22,671▼ $819
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Todd RichardsPresident
Jeff TateAssociates Vice President
John ChasonVice President
Adam HodgeAssociate Board Member
Barbara AllisonAssociate Board Member
Perrin ParkerAssociate Board Member
Randy CarnesAssociate Board Member
Rudy PetersonAssociate Board Member
Will SpearmanAssociate Board Member
Brice CookBuilder Board Member
Jim KiserBuilder Board Member
Tracy McdanielBuilder Board Member
Richard LavenderExecutive Director
Gordon EricksonSecretary
Greg McginnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$12,650
Program Service Revenue
$3,628
Investment Income
$827
Other Revenue
$10,155
Change in Net Assets
$-819
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$18,731
Professional Fundraising Fees$50
Total Fundraising Expense$50
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$9,800--$9,800
Benefits to Members$9,298--$9,298
Office Expenses-$1,413-$1,413
Occupancy$1,080--$1,080
Advertising$1,005--$1,005
Fees for Services Accounting-$520-$520
Conferences and Meetings$419--$419
Other Expenses$192--$192
Fees for Services Professional Fundraising--$50$50
Total Functional Expenses$26,096$1,933$50$28,079
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,561
Fundraising Direct Expenses$9,887
Professional Fundraising Fees$50

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tourney$12,625$12,625$143$12,482
Clay Shoot$5,546$5,546$78$5,468
Total Events$19,561$19,561$9,887$9,674
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
Annual disclosure for covered persons
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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

“The homebuilders association has two membership classes.builder member-licensed by the state of south caroina as a residential home builder or general contractorassociate member-member firm associated with the home building industry”

Member election for additional members Part VI line 7A

“Board member elections are held annually. A nominating committee comprised of the current president, the immediate past president, and 5 current board members submit a proposed slate for the new board of directors at the october meeting. The nomiations along with any other nominations from the floor are voted on by the membership at the november meeting. The new officers and directors are installed at the december meeting.”

Form 990 governing body review Part VI line 11

“The executive officer reviewed the 990 at the accountants office before the return was filed and reported to the board of directors the information discussed during that meeting.”

Conflict of interest policy compliance Part VI line 12C

“The board members hold themselves accountable for all decisions made on behalf of the homebuilders association. Any conflict of interest is noted before all votes are made and appropriate action is taken by the board with regards to the confict of interest.”

CEO executive director top management comp Part VI line 15A

“The board of directors determines the compensation for the executive officer. This compensation is based on his knowledge and experience in the construction field. They also receive informtion from the state homebuilders association showing comparable pay scales.”

Governing documents etc available to public Part VI line 19

“All financial reports are available upon request. Anyone wishing to view this information should contact the executive director who will make any and all information requested available for review.”

Filing and Contact Details

Filer

Filer Name
Homebuilders Assoc of Cherokee Co
EIN
57-0687835
In Care Of
% RICHARD LAVENDER
Phone
8644875529
Address
PO BOX 218, GAFFNEY, SC 29342

Signing Officer

Name
Richard Lavender
Title
Executive Director
Phone
8644875529
Signed
2025-06-25
Discuss with paid preparer
Yes

Organization Details

Formed
1979
Legal Domicile
Sc
Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Firm
Kesler Queen & Masters CPAs Inc
Address
P O Box 8040, Gaffney, SC 29341
Preparer
Ruth P Queen
Phone
8644809923
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IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CLAY SHOOT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE HOMEBUILDERS ASSOCIATION HAS TWO MEMBERSHIP CLASSES.BUILDER MEMBER-LICENSED BY THE STATE OF SOUTH CAROINA AS A RESIDENTIAL HOME BUILDER OR GENERAL CONTRACTORASSOCIATE MEMBER-MEMBER FIRM ASSOCIATED WITH THE HOME BUILDING INDUSTRY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBER ELECTIONS ARE HELD ANNUALLY. A NOMINATING COMMITTEE COMPRISED OF THE CURRENT PRESIDENT, THE IMMEDIATE PAST PRESIDENT, AND 5 CURRENT BOARD MEMBERS SUBMIT A PROPOSED SLATE FOR THE NEW BOARD OF DIRECTORS AT THE OCTOBER MEETING. THE NOMIATIONS ALONG WITH ANY OTHER NOMINATIONS FROM THE FLOOR ARE VOTED ON BY THE MEMBERSHIP AT THE NOVEMBER MEETING. THE NEW OFFICERS AND DIRECTORS ARE INSTALLED AT THE DECEMBER MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE OFFICER REVIEWED THE 990 AT THE ACCOUNTANTS OFFICE BEFORE THE RETURN WAS FILED AND REPORTED TO THE BOARD OF DIRECTORS THE INFORMATION DISCUSSED DURING THAT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD MEMBERS HOLD THEMSELVES ACCOUNTABLE FOR ALL DECISIONS MADE ON BEHALF OF THE HOMEBUILDERS ASSOCIATION. ANY CONFLICT OF INTEREST IS NOTED BEFORE ALL VOTES ARE MADE AND APPROPRIATE ACTION IS TAKEN BY THE BOARD WITH REGARDS TO THE CONFICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR THE EXECUTIVE OFFICER. THIS COMPENSATION IS BASED ON HIS KNOWLEDGE AND EXPERIENCE IN THE CONSTRUCTION FIELD. THEY ALSO RECEIVE INFORMTION FROM THE STATE HOMEBUILDERS ASSOCIATION SHOWING COMPARABLE PAY SCALES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL FINANCIAL REPORTS ARE AVAILABLE UPON REQUEST. ANYONE WISHING TO VIEW THIS INFORMATION SHOULD CONTACT THE EXECUTIVE DIRECTOR WHO WILL MAKE ANY AND ALL INFORMATION REQUESTED AVAILABLE FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD LAVENDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08644875529
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOMEBUILDERS ASSOC OF CHEROKEE CO
ReturnHeader/Filer/BusinessNameControlTxt0HOME
ReturnHeader/Filer/EIN0570687835

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