Civic Intelligence

Central Oklahoma Home Builders Association Inc

990 • Fiscal year 2021 • EIN 73-0548452

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 02, 2022

420 E Britton RdOklahoma City, OK 73114-7515

(405) 843-1508

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

25th percentile

0.02x

Higher debt load relative to assets than 25% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

37th percentile

0.10x

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

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Net Margin

67th percentile

18%

Higher net margin than 67% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

35th percentile

$92,056

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 14.6% of source-year revenue.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Asset Growth

30th percentile

4.5%

Faster asset growth than 30% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

12th percentile

-19%

Faster revenue growth than 12% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,901,969

Up $125,852 (+4.5%) from 2020

Net Assets

Up

$2,838,958

Up $114,683 (+4.2%) from 2020

Liabilities

Up

$63,011

Up $11,169 (+22%) from 2020

Revenue

Down

$628,803

Down $149,493 (-19%) from 2020

Expenses

Down

$514,021

Down $133,647 (-21%) from 2020

Net Income

Down

$114,782

Down $15,846 (-12%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,008,767Liabilities 2011: $305,419Net Assets 2011: $2,703,3482011Assets 2012: $3,069,067Liabilities 2012: $243,356Net Assets 2012: $2,825,7112012Assets 2013: $3,053,630Liabilities 2013: $197,404Net Assets 2013: $2,856,2262013Assets 2014: $2,924,060Liabilities 2014: $167,978Net Assets 2014: $2,756,0822014Assets 2015: $3,113,269Liabilities 2015: $339,891Net Assets 2015: $2,773,3782015Assets 2016: $2,980,342Liabilities 2016: $155,213Net Assets 2016: $2,825,1292016Assets 2017: $2,967,336Liabilities 2017: $212,556Net Assets 2017: $2,754,7802017Assets 2018: $2,807,988Liabilities 2018: $110,614Net Assets 2018: $2,697,3742018Assets 2019: $2,670,666Liabilities 2019: $75,742Net Assets 2019: $2,594,9242019Assets 2020: $2,776,117Liabilities 2020: $51,842Net Assets 2020: $2,724,2752020Assets 2021: $2,901,969Liabilities 2021: $63,011Net Assets 2021: $2,838,9582021Assets 2022: $2,858,528Liabilities 2022: $42,248Net Assets 2022: $2,816,2802022Assets 2023: $2,850,891Liabilities 2023: $57,847Net Assets 2023: $2,793,0442023Assets 2024: $2,972,473Liabilities 2024: $53,671Net Assets 2024: $2,918,8022024

Highlighted filing

2021

Assets$2,901,969
Liabilities$63,011
Net Assets$2,838,958

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $615,024Expenses 2011: $760,025Net Income 2011: -$145,0012011Revenue 2012: $796,071Expenses 2012: $673,708Net Income 2012: $122,3632012Revenue 2013: $493,929Expenses 2013: $463,414Net Income 2013: $30,5152013Revenue 2014: $494,480Expenses 2014: $594,624Net Income 2014: -$100,1442014Revenue 2015: $566,282Expenses 2015: $547,842Net Income 2015: $18,4402015Revenue 2016: $635,915Expenses 2016: $583,023Net Income 2016: $52,8922016Revenue 2017: $557,663Expenses 2017: $629,220Net Income 2017: -$71,5572017Revenue 2018: $1,109,639Expenses 2018: $1,167,045Net Income 2018: -$57,4062018Revenue 2019: $680,800Expenses 2019: $782,286Net Income 2019: -$101,4862019Revenue 2020: $778,296Expenses 2020: $647,668Net Income 2020: $130,6282020Revenue 2021: $628,803Expenses 2021: $514,021Net Income 2021: $114,7822021Revenue 2022: $848,786Expenses 2022: $836,939Net Income 2022: $11,8472022Revenue 2023: $1,115,531Expenses 2023: $1,157,533Net Income 2023: -$42,0022023Revenue 2024: $1,274,065Expenses 2024: $1,160,860Net Income 2024: $113,2052024

Highlighted filing

2021

Revenue$628,803
Expenses$514,021
Net Income$114,782
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 2, 2022
Return Version
2021v4.2
Gross Receipts
$770,304
Mission and Program Overview

Mission

The Central Oklahoma Home Builders Association Inc. is a professional organization, which promotes the home building industry and its members by improving building techniques, educating its members and the public. COHBA interacts with local, state and federal governments by providing a forum for the exchange of ideas and participating in community activities.

To provide support to builders and related trades.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$2,724,275$2,838,958▲ $114,683
Land, Buildings, and Equipment, Net$2,396,380$2,329,047▼ $67,333
Savings and Temporary Cash Investments$370,538$330,496▼ $40,042
Accounts Receivable$2,564$35,084▲ $32,520
Prepaid Expenses and Deferred Charges$6,518$3,231▼ $3,287
Cash and Non-Interest-Bearing Accounts$117$185▲ $68
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$2,776,117$2,901,969▲ $125,852
Other Assets Total$0$203,926▲ $203,926
Liabilities
Accounts Payable and Accrued Expenses$22,722$46,146▲ $23,424
Deferred Revenue$26,620$14,365▼ $12,255
Escrow Account Liability$2,500$2,500→ $0
Total Liabilities$51,842$63,011▲ $11,169
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,724,275$2,838,958▲ $114,683
Total Liabilities and Net Assets / Fund Balance$2,776,117$2,901,969▲ $125,852

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,853,978$746,053$2,600,031
Land$475,069-$475,069
Equipment$0$233,078$233,078
Other Assets Org$203,926--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elisa McAlisterExecutive Vice PresidentFT$85,390$6,666$92,056

Board Members and Trustees

NameTitle
John NailPresident
Dusty HutchisonVice President
Alan SchaeferDirector
Andrew FrenchDirector
Austin CheathamDirector
Bart BartholomewDirector
Becky YoungDirector
Bret GreenDirector
Bryan Kim TurnerDirector
Caleb McCalebDirector
Carter ForeeDirector
Cecilia BridgeDirector
Chad RiceDirector
Christy HowellDirector
Curtis McCartyDirector
David AttawayDirector
David CarrDirector
Denise LockeDirector
Denise PattersonDirector
Don S FryerDirector
Don TerrellDirector
Dustin BashawDirector
Gina CoxDirector
Harlen CoreDirector
Jay JohnstonDirector
Jeff ClickDirector
Jerry HogueDirector
Jilian GardnerDirector
Jim CampbellDirector
Jim McWhirterDirector
Jim SchuffDirector
John AndresDirector
John MattesonDirector
John R BakerDirector
Justin WimberleyDirector
Ken ChambersDirector
Kenyon A WoodsDirector
Kurt DinnesDirector
Laurie MatthewsDirector
Mandy LunsfordDirector
Mark LivingstonDirector
Mark MethvinDirector
Michelle KirbyDirector
Mike GillesDirector
Monique ShortDirector
Nathan VaughnDirector
Patrick VorderlandwehrDirector
Phil BoeversDirector
Phillip ParksDirector
Randy AldridgeDirector
Randy ReitzDirector
Randy SpeegleDirector
Shelly McSparrinDirector
Steve AndrewsDirector
Steve SlaterDirector
Steve SullivanDirector
Titian BurrisDirector
Todd BoozeDirector
Todd EhlersDirector
Tom FrenchDirector
Tommy CrabtreeDirector
Tony FoustDirector
Travis MorelockDirector
Trey SharpDirector
Vanessa ShadixDirector
Wayne LongDirector
Brad YocumDirector (thru April)
Nathan WaltersSecretary
Jason SchuffTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$95,379
Program Service Revenue
$546,977
Investment Income
$2,470
Other Revenue
$-16,023
All Other Contributions
$1,755
Change in Net Assets
$114,782
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$326,046
Salaries, Compensation, and Employee Benefits$182,975
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$92,056
Depreciation Depletion---$67,133
Other Salaries and Wages---$66,629
Occupancy---$39,415
Office Expenses---$37,979
All Other Expenses---$12,210
Payroll Taxes---$12,182
Other Employee Benefits---$10,834
Conferences and Meetings---$9,954
Insurance---$9,426
Advertising---$8,460
Travel---$8,429
Fees for Services Accounting---$7,005
Other Expenses---$6,929
Information Technology---$5,986
Grants to Domestic Orgs---$5,000
Pension Plan Contributions---$1,274
Fees for Services Legal---$282
Total Functional Expenses$0$0$0$514,021
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$68,873
Fundraising Gross Income$62,678
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf tournament$104,522$62,678$15,727$46,951
Total Events$104,522$62,678$68,873$-6,195
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

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

The Executive Committee, which consists of the President, Vice President, Treasurer, and Secretary, may make decisions and approve within the boundaries of the COHBA bylaws. The Executive Committee will inform the Board of Directors of their decision and have those decisions approved by the Board of Directors when necessary.

Form 990, Part VI, Section A, line 2

Andrew French and Tom French - Family Relationship Caleb McCaleb and Bryan Kim Turner - Family Relationship Jason Schuff and Jim Schuff - Family Relationship Chris Evans and Justin Wimberley - Family Relationship

Form 990, Part VI, Section A, line 4

The bylaws were amended to change from five classes of members to four and to redefine the member classes.

Form 990, Part VI, Section A, line 6

The Association has the following four classes of Members with applicable subclasses. Professional Builder Member Has a minimum of two years experience, completed construction of at least three homes that were sold to, or built on behalf of, three different third parties, and submit at time of application for membership at least three written favorable references from customers of such individual, are of good character and reputation, agree to abide by the Code of Ethics, and agree to abide by the rules, regulations, procedures, and provisions of the Association. The Professional Builder Member class also includes Professional Developer/Commercial Member, Professional Remodeler Member and Apprentice Builder Members who must meet the requirements of Professional Builder membership and in addition to other categories specific qualifications. Associate Member Membership as an Associate Member is open to any individual who does not qualify as a Builder Member, is of good character and reputation, agrees to abide by the Code of Ethics, agrees to abide by the rules, regulations, procedures, and provisions of the Association, if applicable, agrees to warrant such Associate Member's products and/or services to the same extent that the warranty issued by the Professional Builder Member is extended to buyers, and is, or has been, engaged or employed by an Entity engaged in a trade, industry, or profession related to building and not inconsistent with the objective of the Association. Associate Members are entitled to all of the benefits and services of the Association, may attend all meetings of the Association, vote on those matters in such meetings on which Associate Members may vote, except the changing of the By-laws and any other limitations placed upon Associate Members by these By-laws, serve on committees, act as chair of such committees, and serve in other appointive capacities designed to carry out the purposes of the Association. Affiliate Member Membership as an Affiliate Member is open to any employee or co-owner of an Builder or Associate Member who holds a current membership. Affiliate Members shall meet the same qualifications and requirements for a Builder or Associate Member and be entitled to the same benefits and services as a Builder or Associate Member except for holding a position on the Executive Committee, Board or as a committee chair. Honorary Member Membership as an honorary member is limited to a surviving spouse of a deceased member, certain public officials, Past Presidents who have retired from active business; and those individuals recommended by the President. Honorary members have no voting rights, may not hold any office and are not members of NAHB or OKHBA.

Form 990, Part VI, Section A, line 7A

The Nominating Committee submits the names of candidates to be placed on the ballot. The names of at least twelve Builder Members and at least four Associate Members are placed on the ballot for election of Directors. Candidates for Directors in the category of Builder Member may only be nominated by Builder Members, candidates for Directors in the category of Associate Members may be nominated by any Member entitled to vote. Following the election of the President each year, the President shall appoint, subject to approval by the Board, up to a maximum of seven additional Directors for a term of one year. The change of status from a Director to a Life Director constitutes a vacancy on the Board and the new President may appoint a Builder Member or Associate Member to fill the vacancy for a term of one year. In the event of the death, resignation, expulsion, or incapacity of a Director, the President has the right to appoint a Member to serve such unexpired term.

Form 990, Part VI, Section A, line 7B

Changes in the Bylaws are recommended by the Board of Directors and must be approved by the membership. Any action of the Board affecting policies and procedures may be altered, changed, or rescinded by a majority vote of the Builder Members present at the next regular membership meeting.

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

The return is prepared by an outside provider and reviewed by the Executive Officer. It is provided to the Board Members electronically before filing and presented at the next Board of Directors meeting after filing.

Form 990, Part VI, Section B, line 15A

The organization's Executive Vice President compensation is reviewed by the Senior Officers and Budget and Finance Committees. This is performed annually.

Form 990, Part VI, Section C, line 19

Organization documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Central Oklahoma Home Builders
EIN
73-0548452
Phone
4058431508
Address
420 E Britton Rd, Oklahoma City, OK 73114-7515

Signing Officer

Name
Elisa McAlister
Title
Executive Officer
Phone
4058431508
Signed
2022-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dusty Hutchison
Formed
1943
Legal Domicile
Ok
Voting Board Members
68
Independent Board Members
68
Employees
4
Volunteers
125

Preparer

Firm
Eide Bailly LLP
Address
800 Nicollet Mall Ste 1300, Minneapolis, MN 55402-7033
Preparer
Kim Hunwardsen CPA
Phone
6122536500
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt630
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt640
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt650
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt660
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt670
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt680
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt696666
IRS990/Form990PartVIISectionAGrp/PersonNm0John Nail
IRS990/Form990PartVIISectionAGrp/PersonNm1Dusty Hutchison
IRS990/Form990PartVIISectionAGrp/PersonNm2Jason Schuff
IRS990/Form990PartVIISectionAGrp/PersonNm3Nathan Walters
IRS990/Form990PartVIISectionAGrp/PersonNm4Alan Schaefer
IRS990/Form990PartVIISectionAGrp/PersonNm5Andrew French
IRS990/Form990PartVIISectionAGrp/PersonNm6Austin Cheatham
IRS990/Form990PartVIISectionAGrp/PersonNm7Bart Bartholomew
IRS990/Form990PartVIISectionAGrp/PersonNm8Becky Young
IRS990/Form990PartVIISectionAGrp/PersonNm9Brad Yocum
IRS990/Form990PartVIISectionAGrp/PersonNm10Bret Green
IRS990/Form990PartVIISectionAGrp/PersonNm11Bryan Kim Turner
IRS990/Form990PartVIISectionAGrp/PersonNm12Caleb McCaleb
IRS990/Form990PartVIISectionAGrp/PersonNm13Carter Foree
IRS990/Form990PartVIISectionAGrp/PersonNm14Cecilia Bridge
IRS990/Form990PartVIISectionAGrp/PersonNm15Chad Rice
IRS990/Form990PartVIISectionAGrp/PersonNm16Christy Howell
IRS990/Form990PartVIISectionAGrp/PersonNm17Curtis McCarty
IRS990/Form990PartVIISectionAGrp/PersonNm18David Attaway
IRS990/Form990PartVIISectionAGrp/PersonNm19David Carr
IRS990/Form990PartVIISectionAGrp/PersonNm20Denise Locke
IRS990/Form990PartVIISectionAGrp/PersonNm21Denise Patterson
IRS990/Form990PartVIISectionAGrp/PersonNm22Don S Fryer
IRS990/Form990PartVIISectionAGrp/PersonNm23Don Terrell
IRS990/Form990PartVIISectionAGrp/PersonNm24Dustin Bashaw
IRS990/Form990PartVIISectionAGrp/PersonNm25Gina Cox
IRS990/Form990PartVIISectionAGrp/PersonNm26Harlen Core
IRS990/Form990PartVIISectionAGrp/PersonNm27Jay Johnston
IRS990/Form990PartVIISectionAGrp/PersonNm28Jeff Click
IRS990/Form990PartVIISectionAGrp/PersonNm29Jerry Hogue
IRS990/Form990PartVIISectionAGrp/PersonNm30Jilian Gardner
IRS990/Form990PartVIISectionAGrp/PersonNm31Jim Campbell
IRS990/Form990PartVIISectionAGrp/PersonNm32Jim McWhirter
IRS990/Form990PartVIISectionAGrp/PersonNm33Jim Schuff
IRS990/Form990PartVIISectionAGrp/PersonNm34John Andres
IRS990/Form990PartVIISectionAGrp/PersonNm35John Matteson
IRS990/Form990PartVIISectionAGrp/PersonNm36John R Baker
IRS990/Form990PartVIISectionAGrp/PersonNm37Justin Wimberley
IRS990/Form990PartVIISectionAGrp/PersonNm38Ken Chambers
IRS990/Form990PartVIISectionAGrp/PersonNm39Kenyon A Woods
IRS990/Form990PartVIISectionAGrp/PersonNm40Kurt Dinnes

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$0.05$2.92$1.27$1.16$0.11
2023Detailed filing. Detailed filing data is available for this year.$2.85$0.06$2.79$1.12$1.16$0.04
2022Detailed filing. Detailed filing data is available for this year.$2.86$0.04$2.82$0.85$0.84$0.01
2021Detailed filing. Detailed filing data is available for this year.$2.90$0.06$2.84$0.63$0.51$0.11
2020Detailed filing. Detailed filing data is available for this year.$2.78$0.05$2.72$0.78$0.65$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.67$0.08$2.59$0.68$0.78$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.81$0.11$2.70$1.11$1.17$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.97$0.21$2.75$0.56$0.63$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.98$0.16$2.83$0.64$0.58$0.05
2015Detailed filing. Detailed filing data is available for this year.$3.11$0.34$2.77$0.57$0.55$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.92$0.17$2.76$0.49$0.59$0.10
2013Summary only. Only limited summary data is available for this year.$3.05$0.20$2.86$0.49$0.46$0.03
2012Summary only. Only limited summary data is available for this year.$3.07$0.24$2.83$0.80$0.67$0.12
2011Summary only. Only limited summary data is available for this year.$3.01$0.31$2.70$0.62$0.76$0.15