2023-11-14T10:14:35-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2022-01-01 521266885 HOME BUILDERS INSTITUTE HOME 2023710600 1201 15TH STREET NW 601 WASHINGTON DC 20005 JEREMY ALBRITTON CFO 2023710600 2023-11-13 1 JEREMY ALBRITTON 999009999 0 ROBERT WILLIAMS P01345960 5712279500 2023-11-13 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z HBI EDWARD BRADY 1201 15TH STREET NW 601 WASHINGTON DC 20005 40047506 0 X WWW.HBI.ORG X 1981 DC HBI EDUCATES AND PREPARES INDIVIDUALS FOR CAREERS IN THE BUILDING INDUSTRY 22 22 380 22 0 0 43231513 40017647 0 0 46246 16700 0 0 43277759 40034347 0 0 0 0 25835222 27984804 110000 120000 538154 12869348 10096869 38814570 38201673 4463189 1832674 13142245 17695686 7310212 10235577 5832033 7460109 WE CHANGE LIVES EVERYDAY BY EDUCATING, INSPIRING, AND PREPARING INDIVIDUALS FOR CAREERS IN THE BUILDING INDUSTRY. 0 0 18975920 UNDER A FEDERAL AWARD WITH THE U.S. DEPARTMENT OF LABOR, HBI PROVIDES AT-RISK YOUTH WITH REAL-LIFE, HANDS-ON VOCATIONAL TRAINING THROUGH THE JOB CORPS PROGRAM. 11945776 HBI ALSO PROVIDES VOCATIONAL INSTRUCTION THROUGH A VARIETY OF OTHER COMMUNITY PARTNERSHIPS INCLUDING TEN MILITARY INSTALATIONS,FLORIDA'S DEPARTMENT OF JUVENILE JUSTICE, AND THE DEPARTMENT OF CORRECTIONS IN SEVERAL STATES. HBI OPENED ITS FIRST BUILDSTRONG ACADEMY IN ORLANDO IN 2021, AND OPENED THREE ADDITIONAL ACADEMIES IN 2022. 1076330 HBI LICENSES ITS PROPRIETARY PRE-APPRENTICESHIP CURRICULUM TO SCHOOLS AND OTHER INSTITUTIONS AROUND THE COUNTRY. THIS CURRICULUM PROVIDES A FRAMEWORK AND TOOLKIT FOR TEACHING RESIDENTIAL CONSTRUCTION SKILLS FOR ALL TYPES OF LEARNERS. DURING THE YEAR ENDED 2022, HBI HAD 23,766 ACTIVE STUDENTS ACROSS ALL PROGRAMMING AND ISSUED 10,792 PRE-APPRENTICESHIP CERTIFICATES. 446180 446180 32444206 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 1 1 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 59 0 1 380 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X JEREMY ALBRITTON 2023710600 1201 15TH STREET NW WASHINGTON DC 20005 GEORGE HESS CHAIR 0.30 X X 0 0 0 PAMELA PATENAUDE VICE CHAIR 0.30 X X 0 0 0 KRISTEN AMUNDSON TRUSTEE 0.30 X 0 0 0 CHUCK BAKER TRUSTEE 0.30 X 0 0 0 CARIN MARCY BARTH TRUSTEE 0.30 X 0 0 0 ERIN DEWEESE TRUSTEE 0.30 X 0 0 0 STEVE DEWITT TRUSTEE 0.30 X 0 0 0 DEBRA ERB TRUSTEE 0.30 X 0 0 0 CHUCK FOWKE TRUSTEE 0.30 X 0 0 0 FERNANDO GIL-ENSENANT TRUSTEE 0.30 X 0 0 0 EUGENE GRAF TRUSTEE 0.30 X 0 0 0 TIM HOURIGAN TRUSTEE 0.30 X 0 0 0 GERALD HOWARD TRUSTEE 0.30 X 0 0 0 BRIAN JOHNSON TRUSTEE 0.30 X 0 0 0 RON PAINTER TRUSTEE 0.30 X 0 0 0 ADAM ROCKE TRUSTEE 0.30 X 0 0 0 SCOTT SEDAM TRUSTEE 0.30 X 0 0 0 BRAD SIMONS TRUSTEE 0.30 X 0 0 0 GREGORY UGALDE TRUSTEE 0.30 X 0 0 0 TOM WINTERS TRUSTEE 0.30 X 0 0 0 RENEE ZENTZ TRUSTEE 0.30 X 0 0 0 PATSY SMITH TRUSTEE 0.30 X 0 0 0 EDWARD BRADY PRESIDENT AND CEO 40.00 X 486448 0 43483 JEREMY ALBRITTON SR VP & CFO 40.00 X 279597 0 19554 LAUREN SULLIVAN CHIEF OF STAFF 40.00 X 159894 0 21922 JEREMY HURLEY VP WTE 40.00 X 179789 0 12723 GREGG ROMANO SVP, PROGRAM OPERATIONS 40.00 X 209795 0 24426 TAMMY JO SCRIVEN VP OF HUMAN RESOURCES 40.00 X 192755 0 3415 BETHANY SHEAN VP OF EDUCATION SERVICES 40.00 X 202045 0 14738 STEPHEN COUSINS AVP, CUSTOMER ENGAGEMENT 40.00 X 127731 0 26385 EMILY PRICE SVP, DEVELOPMENT AND PARTNERSHIPS 40.00 X 125400 0 14421 JOHN RODGERS DIRECTOR OF PROGRAM MANAGEMENT 40.00 X 110606 0 33806 MICHAEL MANIGAULT AVP OF BUSINESS DEVELOPMENT 40.00 X 152993 0 22602 PAMELA TAYLOR AVP & CONTROLLER 40.00 X 176018 0 20878 2403071 0 258353 12 0 1 0 MYNDSET 418 RAILROAD STREET DANVILLE PA 17821 CONSULTING 130625 HIGHWOOD CAPITAL PO BOX 6127 BOZEMAN MT 59771 CONSULTING 120000 2 30149774 9867873 40017647 23279 23279 6580 13159 -6579 -6579 -6579 40034347 0 0 16700 1850582 1588912 240374 21296 19298919 16570079 2506753 222087 1263171 1124278 125005 13888 4191604 3721060 424303 46241 1380528 1225261 140032 15235 23109 23109 36778 36778 120000 120000 11196 11196 1396530 643548 714814 38168 1418535 1001137 406433 10965 1066752 860021 186439 20292 1847788 1595342 229351 23095 TRAINING 3228630 3207952 15678 5000 OTHER EXPENSES 615184 502260 112289 635 COMMUNICATIONS 273288 225277 46759 1252 PROGRAM DEVELOPMENT 179079 179079 38201673 32444206 5219313 538154 5760211 3251779 5412377 6923073 672564 349500 1145938 930493 64650 215445 1232443 4033549 0 2922340 13142245 17695686 4064519 3871441 2802708 3001017 442985 3363119 7310212 10235577 X 5600650 6540877 231383 919232 5832033 7460109 13142245 17695686 1832674 -204598 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42000 42000 38159673 38201673 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 38635 42135 42000 122770 250000 250000 250000 250000 1000000 1500000 33443 33443 0 975072 897050 78022 137423 137423 215445 RIGHT-OF-USE ASSETS, NET 2922340 2922340 LEASE LIABILITIES, NET 3363119 3363119 39818553 -204598 -204598 40023151 11196 11196 40034347 38190477 0 38190477 11196 11196 38201673 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 STAFF INFORMS THE STUDENTS THAT WE COMPLY BY A RACIALLY NONDISCRIMINATORY POLICY IN THEIR PROGRAM ORIENTATIONS, OUTREACH AND PRESENTATIONS TO THE COMMUNITY. SCHEDULE E, PART I, LINE 6 HBI RECEIVES DIRECT AND/OR PASS-THROUGH AWARDS FROM THE U.S. DEPARTMENT OF LABOR FOR THE FOLLOWING PROGRAMS: -H-1B JOB TRAINING GRANTS (JOB CORPS) RECOVERY ACT - WORKFORCE INVESTMENT ACT YOUTH ACTIVITIES: -- YOUTH BUILD - PATHSTONE PUERTO RICO WORKFORCE INNOVATION AND OPPORTUNITY ACT (WIOA): -- CAREERSOURCE - CENTRAL FLORIDA HUD --CITY OF HOUSTON X X 1 HIGHWOOD CAPITAL PO BOX 6127 BOZEMAN MT 59771 FUNDRAISING CONSULTANCY 0 0 120000 -120000 120000 -120000 AL AK AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA PR RI SC SD TN TX UT VT VA WA WV WI WY X X X X X 0 0 0 0 0 0 0 0 0 EDWARD BRADY PRESIDENT AND CEO 398948 0 87500 0 0 0 32616 0 10867 0 529931 0 0 0 JEREMY ALBRITTON SR VP & CFO 243897 0 35700 0 0 0 19554 0 0 0 299151 0 0 0 GREGG ROMANO SVP, PROGRAM OPERATIONS 184744 0 25051 0 0 0 15170 0 9256 0 234221 0 0 0 BETHANY SHEAN VP OF EDUCATION SERVICES 176620 0 25425 0 0 0 14738 0 0 0 216783 0 0 0 PAMELA TAYLOR AVP & CONTROLLER 173518 0 2500 0 0 0 12191 0 8687 0 196896 0 0 0 TAMMY JO SCRIVEN VP OF HUMAN RESOURCES 177955 0 14800 0 0 0 3415 0 0 0 196170 0 0 0 JEREMY HURLEY VP WTE 158890 0 20899 0 0 0 12723 0 0 0 192512 0 0 0 LAUREN SULLIVAN CHIEF OF STAFF 140494 0 19400 0 0 0 11554 0 10368 0 181816 0 0 0 MICHAEL MANIGAULT AVP OF BUSINESS DEVELOPMENT 149293 0 3700 0 0 0 12254 0 10348 0 175595 0 0 0 STEPHEN COUSINS AVP, CUSTOMER ENGAGEMENT 126531 0 1200 0 0 0 11135 0 15250 0 154116 0 0 0 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 B, LINE 11B AFTER PREPARATION FROM THE PROVIDER, THE DRAFT IS REVIEWED BY THE CONTROLLER AND CFO OF HBI. NEXT THE BUDGET AND FINANCE COMMITTEE REVIEWS THE DRAFT FORM 990. 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 15A THE EXECUTIVE COMMITTEE OF THE BOARD SERVES, AMONG THEIR DUTIES, AS THE COMPENSATION COMMITTEE. THEY REVIEW, NEGOTIATE AND APPROVE AND 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. 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. FORM 990, PART XII, LINE 2C: THE AUDIT REVIEW PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR.