2024-09-26T11:41:03-05:00 2023-12-31 561965804 THOMAS JUDY & TUCKER PA 404 HUNT STREET SUITE 100 DURHAM NC 27701 990 2023-01-01 560891671 NORTH CAROLINA HOME BUILDERS ASSOCIATION INC NORT 9196769090 POST OFFICE BOX 99090 RALEIGH NC 276249090 TIMOTHY L MINTON EXECUTIVE VICE PRESIDENT 9196769090 2024-09-26 1 0 KRISTEN HOYLE CPA P00118964 9195717055 2024-09-25 2023 2024-08-08 14:25:15Z TIMOTHY L MINTON POST OFFICE BOX 99090 RALEIGH NC 276249090 13793346 0 X WWW.NCHBA.ORG X 1964 NC BUILDING PROFESSIONALS WORKING TOGETHER TO PROVIDE SAFE & AFFORDABLE HOUSING FOR THE PEOPLE OF NC. 140 140 17 140 0 0 0 0 2178939 2101420 -560668 92230 1625998 1695029 3244269 3888679 240000 300000 0 0 2021099 2235269 0 0 0 1178650 1265597 3439749 3800866 -195480 87813 7233567 7505667 773986 834663 6459581 6671004 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. 0 0 THROUGH ITS PROGRAMS AND ACTIVITIES, THE ASSOCIATION ENCOURAGES INDUSTRY PROFESSIONALISM, PROVIDES A FORUM TO CONSOLIDATE INDUSTRY VIEWS, AND SERVES AS A PROACTIVE ADVOCATE FOR THE BUILDING INDUSTRY WHICH, THROUGH THE ASSISTANCE OF NCHBA, PROVIDES HOMES FOR THE CITIZENS OF NORTH CAROLINA.NCHBA PLAYS A KEY ROLE IN HELPING MAINTAIN CONSISTENTLY HIGHER INDUSTRY STANDARDS OF CONDUCT, QUALITY, AND ETHICS. MEMBERSHIP IN NCHBA HELPS CRYSTALLIZE COLLECTIVE OPINIONSIN ORDER TO EFFECT CHANGE IN CONGRESS, THE N.C. GENERAL ASSEMBLY, THE COURTS AND REGULATORY AGENCIES. 0 0 1 1 0 0 0 0 0 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 16 0 17 1 0 0 0 0 0 0 0 0 0 0 X 140 140 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X TIM MINTON 9196769090 POST OFFICE BOX 99090 RALEIGH NC 276249090 BRANDON BRYANT PRESIDENT 5.00 X X 0 0 0 CODY BYRD PRESIDENT-ELECT 4.00 X X 0 0 0 WES CARROLL IMMEDIATE PAST PRESIDENT 4.00 X X 0 0 0 THOMAS MCCLAIN FIRST VICE PRESIDENT 4.00 X X 0 0 0 CHARLENE ALLEN SECRETARY/TREASURER/CHAIR-ASSOCIATE MEMBERS COMMIT 4.00 X X 0 0 0 MARK MERELL REGION I VP 2.00 X X 0 0 0 DAVID PRICE REGION II VP 2.00 X X 0 0 0 DICKY GEPHART REGION III VP 2.00 X X 0 0 0 TOM HALL REGION IV VP 2.00 X X 0 0 0 CHAD COLLINS REGION V VP 2.00 X X 0 0 0 ANDI DIRKSCHNEIDER REGION VI VP/PRESIDENT-NCPWB 2.00 X X 0 0 0 JEFF SMITH REGION VII VP 2.00 X X 0 0 0 GUS ADAMS REGION VIII VP 2.00 X X 0 0 0 PHIL WARRICK NAHB SPECIAL VOTING MEMBER 2.00 X X 0 0 0 JUDY DINELLE PRESIDENTIAL APPOINTEE 2.00 X X 0 0 0 KATIE MARIANI PRESIDENTIAL APPOINTEE 2.00 X X 0 0 0 ALMA JACOBS PRESIDENTIAL APPOINTEE 2.00 X X 0 0 0 MEGAN CARROLL PRESIDENT/EO/ES COUNCIL 2.00 X X 0 0 0 LARRY ADAMS BOARD MEMBER 1.00 X 0 0 0 DANNY ADAMS BOARD MEMBER 1.00 X 0 0 0 JOHNNY AHERON BOARD MEMBER 1.00 X 0 0 0 ERIK ANDERSON BOARD MEMBER 1.00 X 0 0 0 JUDY AVERY BOARD MEMBER 1.00 X 0 0 0 LAURA BAILEY BOARD MEMBER 1.00 X 0 0 0 BRUCE BAKER BOARD MEMBER 1.00 X 0 0 0 MATTHEW BALDWIN BOARD MEMBER 1.00 X 0 0 0 ALAN BANKS BOARD MEMBER 1.00 X 0 0 0 MITCH BATCHELOR BOARD MEMBER 1.00 X 0 0 0 RICK BATCHELOR BOARD MEMBER 1.00 X 0 0 0 DON BETSWORTH BOARD MEMBER 1.00 X 0 0 0 SUSAN BLACK BOARD MEMBER 1.00 X 0 0 0 LEE BOWMAN BOARD MEMBER 1.00 X 0 0 0 LINDA BRANCH BOARD MEMBER 1.00 X 0 0 0 KAREN BREEDLOVE BOARD MEMBER 1.00 X 0 0 0 JEFF BUCHANAN BOARD MEMBER 1.00 X 0 0 0 KAY BUNCH BOARD MEMBER 1.00 X 0 0 0 PAMELA BURBAGE BOARD MEMBER 1.00 X 0 0 0 RENEE CARTER BOARD MEMBER 1.00 X 0 0 0 SHEILA CLARK BOARD MEMBER 1.00 X 0 0 0 SHARON CLENDENIN BOARD MEMBER 1.00 X 0 0 0 DON CODY BOARD MEMBER 1.00 X 0 0 0 KIM CRAWFORD BOARD MEMBER 1.00 X 0 0 0 JAMES CRITZ BOARD MEMBER 1.00 X 0 0 0 DON CROOM BOARD MEMBER 1.00 X 0 0 0 BILL DALEURE BOARD MEMBER 1.00 X 0 0 0 RUSS DAVIS BOARD MEMBER 1.00 X 0 0 0 CHARLES DAWSON BOARD MEMBER 1.00 X 0 0 0 TERI EDWARDS BOARD MEMBER 1.00 X 0 0 0 JENNIFER ELLIS BOARD MEMBER 1.00 X 0 0 0 GARY EMBLER BOARD MEMBER 1.00 X 0 0 0 MICHAEL ENSCORE BOARD MEMBER 1.00 X 0 0 0 KIM FARMER BOARD MEMBER 1.00 X 0 0 0 SHERRILL FAW BOARD MEMBER 1.00 X 0 0 0 JAMES FORD BOARD MEMBER 1.00 X 0 0 0 HOLLY FRACCARO BOARD MEMBER 1.00 X 0 0 0 NATALIE FRYER BOARD MEMBER 1.00 X 0 0 0 ANN GAINEY BOARD MEMBER 1.00 X 0 0 0 SEAN GALLAGHER BOARD MEMBER 1.00 X 0 0 0 CISCO GARCIA BOARD MEMBER 1.00 X 0 0 0 LYLE GARDNER BOARD MEMBER 1.00 X 0 0 0 BETH GLISSON BOARD MEMBER 1.00 X 0 0 0 JAMIE GODWIN BOARD MEMBER 1.00 X 0 0 0 JERRY GOODMAN BOARD MEMBER 1.00 X 0 0 0 WILLIAM GOODRICH BOARD MEMBER 1.00 X 0 0 0 DANIEL GREENE BOARD MEMBER 1.00 X 0 0 0 VAN GROCE JR BOARD MEMBER 1.00 X 0 0 0 HARRIS GUPTON BOARD MEMBER 1.00 X 0 0 0 LARUE HAMBRICK BOARD MEMBER 1.00 X 0 0 0 JOHNNY HARRISON BOARD MEMBER 1.00 X 0 0 0 PATRICIA HEDSPETH BOARD MEMBER 1.00 X 0 0 0 GEORGE HENSON BOARD MEMBER 1.00 X 0 0 0 J GARY HILL BOARD MEMBER 1.00 X 0 0 0 DARLENE HOLMAN BOARD MEMBER 1.00 X 0 0 0 ANN HOPKINS BOARD MEMBER 1.00 X 0 0 0 JEFF HOWARD BOARD MEMBER 1.00 X 0 0 0 ANGELA HUDSON BOARD MEMBER 1.00 X 0 0 0 BRYAN HUFFMAN BOARD MEMBER 1.00 X 0 0 0 LISA HUNTER BOARD MEMBER 1.00 X 0 0 0 JIM HUTCHINS BOARD MEMBER 1.00 X 0 0 0 ROBERT INGRAHAM BOARD MEMBER 1.00 X 0 0 0 GREG ISENHOUR BOARD MEMBER 1.00 X 0 0 0 NORMA JAMES BOARD MEMBER 1.00 X 0 0 0 CRAIG JOHNSON BOARD MEMBER 1.00 X 0 0 0 MIKE JONES BOARD MEMBER 1.00 X 0 0 0 RICK JUDSON BOARD MEMBER 1.00 X 0 0 0 LISA KACZMARCZYK BOARD MEMBER 1.00 X 0 0 0 PAUL KANE BOARD MEMBER 1.00 X 0 0 0 JUDY KEY BOARD MEMBER 1.00 X 0 0 0 BURL LANCE BOARD MEMBER 1.00 X 0 0 0 JAMES LAWSON BOARD MEMBER 1.00 X 0 0 0 JONATHAN LEE BOARD MEMBER 1.00 X 0 0 0 JENNIFER LEWIS BOARD MEMBER 1.00 X 0 0 0 KATHRYN LEWIS BOARD MEMBER 1.00 X 0 0 0 MARSHALL LONG BOARD MEMBER 1.00 X 0 0 0 DONALD LONG BOARD MEMBER 1.00 X 0 0 0 ROBERT LOVIN BOARD MEMBER 1.00 X 0 0 0 SHERYL LOVITT BOARD MEMBER 1.00 X 0 0 0 JIMMY LOWE BOARD MEMBER 1.00 X 0 0 0 MARK MARTIN BOARD MEMBER 1.00 X 0 0 0 CHARLES MCLAURIN BOARD MEMBER 1.00 X 0 0 0 MEGAN MIDDLETON BOARD MEMBER 1.00 X 0 0 0 CHUCK MILLER BOARD MEMBER 1.00 X 0 0 0 CAMERON MOORE BOARD MEMBER 1.00 X 0 0 0 YANCY MORRIS BOARD MEMBER 1.00 X 0 0 0 SUSAN MOWERY BOARD MEMBER 1.00 X 0 0 0 PAUL MULLICAN BOARD MEMBER 1.00 X 0 0 0 PAULA NASH BOARD MEMBER 1.00 X 0 0 0 BRIAN PACE BOARD MEMBER 1.00 X 0 0 0 CHERYL PIERCE BOARD MEMBER 1.00 X 0 0 0 SHERRY PINNEY-PHILLIPS BOARD MEMBER 1.00 X 0 0 0 THERESA PRESSLY BOARD MEMBER 1.00 X 0 0 0 TRACEY RAMSEY BOARD MEMBER 1.00 X 0 0 0 BOB RAMSEY BOARD MEMBER 1.00 X 0 0 0 HERSCHEL REDDING BOARD MEMBER 1.00 X 0 0 0 NANCY REMALEY BOARD MEMBER 1.00 X 0 0 0 RAY RHODES BOARD MEMBER 1.00 X 0 0 0 J WATTS ROBERSON BOARD MEMBER 1.00 X 0 0 0 HOLLIE ROSE-GALLI BOARD MEMBER 1.00 X 0 0 0 LINDA SANDIDGE BOARD MEMBER 1.00 X 0 0 0 DARLENE SAUNDERS BOARD MEMBER 1.00 X 0 0 0 NATHAN SAWYER BOARD MEMBER 1.00 X 0 0 0 COLT SIMMONS BOARD MEMBER 1.00 X 0 0 0 BILL SMITH BOARD MEMBER 1.00 X 0 0 0 DIANE SPENCER BOARD MEMBER 1.00 X 0 0 0 M DURWOOD STEPHENSON BOARD MEMBER 1.00 X 0 0 0 DAVE STORMONT BOARD MEMBER 1.00 X 0 0 0 STONEY STORY BOARD MEMBER 1.00 X 0 0 0 SEAN SULLIVAN BOARD MEMBER 1.00 X 0 0 0 LARRY SUMMER BOARD MEMBER 1.00 X 0 0 0 STEVE SWAIN BOARD MEMBER 1.00 X 0 0 0 DIRK SWING BOARD MEMBER 1.00 X 0 0 0 MARK TIPTON BOARD MEMBER 1.00 X 0 0 0 LEEANN WALKER BOARD MEMBER 1.00 X 0 0 0 RANDY WARREN BOARD MEMBER 1.00 X 0 0 0 BETH WHITE BOARD MEMBER 1.00 X 0 0 0 TODD WHITTENTON BOARD MEMBER 1.00 X 0 0 0 FRANK WIESNER BOARD MEMBER 1.00 X 0 0 0 ANGIE WILSON BOARD MEMBER 1.00 X 0 0 0 TIM WOOD BOARD MEMBER 1.00 X 0 0 0 ROBERT YATKO BOARD MEMBER 1.00 X 0 0 0 TIM MINTON EXECUTIVE VICE PRESIDENT 55.00 X 445024 0 48788 MIKE ELLEDGE CONTROLLER (RETIRED 06/23) 40.00 X 67992 0 8492 BECKY HARGIS CONTROLLER (06/2023-12/2023) 40.00 X 82307 0 580 CHRISTINE BOWLING CONTROLLER (11/2023-CURRENT) 40.00 X 21516 0 917 MIKE CARPENTER GENERAL COUNSEL 40.00 X 185071 0 24308 CHRISTOPHER MILLIS DIRECTOR OF REGULATORY AFF 40.00 X 190756 0 26948 STEVEN WEBB DIRECTOR OF LEGISLATIVE AF 40.00 X 124385 0 21399 CLIFF ISAAC DIRECTOR OF CODES AND CONS 40.00 X 123944 0 10534 TRACIE GARRETT DIRECTOR OF SPECIAL EVENTS 40.00 X 114338 0 20701 1355333 0 162667 6 0 1 0 BUILDERS FIRST LLC 5580 CENTERVIEW DR RALEIGH NC 27606 RENT 134085 1 MEMBERSHIP FEES 900099 1137872 1137872 REGISTRATION FEES 900099 487711 487711 EXPOS 900099 452680 452680 SEMINARS 900099 14250 14250 MEMBER REBATE PROGRAM 900099 8907 8907 2101420 92278 92278 1651859 1651859 43170 0 43170 43170 43170 9904619 9904667 -48 -48 -48 3888679 2101420 0 1787259 300000 675616 1215635 83476 142252 118290 23164 19350 44931 25695 43639 104028 155176 140239 153175 46277 18438 ANNUAL EXPO COSTS 291109 REPAIRS AND MAINTENANCE 86217 CONTINUING EDUCATION 83357 VEHICLE 12502 18300 3800866 578572 700688 429650 187102 32812 87825 133215 82029 667693 388954 298495 278739 4899251 5249342 702134 681360 159438 238582 7233567 7505667 59216 15149 448372 419773 266398 399741 773986 834663 X 6459581 6671004 6459581 6671004 7233567 7505667 X 87813 136273 -12663 X X 0 1 X 1 0 250000 250000 0 HOME BUILDERS EDUCATION FUND INC PO BOX 99090 RALEIGH NC 27624 475357421 250000 0 0 0 1137872 554949 554949 580315 -25366 233819 60287 173532 369474 264267 105207 64400 64400 0 278739 FIXED INCOME & EQUITY SECURITIES 5249342 F 5249342 BUILDERS FIRST, LLC 681360 F 681360 PREPAID DUES AND DEPOSITS 161159 OPERATING LEASE LIABILITY NET 24440 OPERATING LEASE LIABILITY CURRENT 214142 399741 X 3986594 136273 136273 3850321 25695 12663 38358 3888679 3775171 0 3775171 25695 25695 3800866 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, 2023, THE ASSOCIATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, 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 12,663. 1 HOME BUILDERS EDUCATION FUND INC PO BOX 99090 RALEIGH NC 27624 475357421 501(C)3 250000 0 TO 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. NCHBA EDUCATIONAL & CHARITABLE FOUNDATION PO BOX 99090 RALEIGH NC 27624 561864518 501(C)3 50000 0 FINANCIAL SUPPORT PART I, LINE 2: THE NCHBA MONITORS THE USE OF THE GRANT MONEY GIVEN TO THE HOME BUILDERS EDUCATION FUND, MAKING SURE IT IS USED TO 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. 1 X X X X 0 0 0 TIM MINTON EXECUTIVE VICE PRESIDENT 445024 0 0 0 0 0 27085 0 21703 0 493812 0 0 0 CHRISTOPHER MILLIS DIRECTOR OF REGULATORY AFF 190756 0 0 0 0 0 15344 0 11604 0 217704 0 0 0 MIKE CARPENTER GENERAL COUNSEL 185071 0 0 0 0 0 14430 0 9878 0 209379 0 0 0 SCHEDULE J, PART I, LINE 1A THE NCHBA PROVIDES EXPENSE REIMBURSEMENT FOR THE EXECUTIVE VICE PRESIDENT'S SPOUSAL TRAVEL TO FACILITATE BUSINESS NETWORKING AT SELECTED MEETINGS. 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. FORM 990, PART XI, LINE 9: BOOK/TAX DIFFERENCE - BUILDERS FIRST, LLC K-1 -12,663. 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. NCHBA EDUCATIONAL AND CHARITABLE FOUNDATION PO BOX 99090 RALEIGH NC 27624 561864518 SEE SCHEDULE O NC 170(B)(1) LINE 10 N/A 0 HOME BUILDER EDUCATION FUND INC PO BOX 99090 RALEIGH NC 27624 475357421 SEE SCHEDULE O NC 501(C)(3) LINE 10 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HOME BUILDERS EDUCATION FUND INC B 250000 CASH NCHBA EDUCATIONAL & CHARITABLE FOUNDATION B 50000 CASH