2025-11-14T12:57:25-06:00 2024-12-31 561965804 THOMAS JUDY & TUCKER PA 404 HUNT STREET SUITE 100 DURHAM NC 27701 990 2024-01-01 560891671 NORTH CAROLINA HOME BUILDERS ASSOCIATION INC NORT 9198334613 POST OFFICE BOX 99090 RALEIGH NC 276249090 TIMOTHY L MINTON EXECUTIVE VICE PRESIDENT 9198334613 2025-11-14 1 0 KRISTEN HOYLE CPA P00118964 9195717055 2025-11-14 2024 2025-03-06 01:10:19Z TIMOTHY L MINTON POST OFFICE BOX 99090 RALEIGH NC 276249090 4521409 0 X WWW.NCHBA.ORG X 1964 NC BUILDING PROFESSIONALS WORKING TOGETHER TO PROVIDE SAFE & AFFORDABLE HOUSING FOR THE PEOPLE OF NC. 102 102 14 161 0 0 0 206092 2101420 2291957 92230 195224 1695029 1828136 3888679 4521409 300000 323718 0 0 2235269 2445515 0 0 0 1265597 1739999 3800866 4509232 87813 12177 7505667 7603701 834663 819144 6671004 6784557 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 1 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 19 0 14 1 0 0 0 0 0 0 0 0 0 0 X 102 102 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 ALAN BANKS NCHBA PAST PRESIDENT 2.00 X 0 0 0 ANDI DIRKSCHNEIDER-BLISS NCPWB PRESIDENT 2.00 X X 0 0 0 BENJAMIN MEADS BOARD MEMBER 1.00 X 0 0 0 BILL DALEURE NCHBA PAST PRESIDENT 2.00 X 0 0 0 BRANDON BRYANT NCHBA PAST PRESIDENT 2.00 X X 0 0 0 BRIAN PACE NCHBA PAST PRESIDENT 2.00 X 0 0 0 BRITT WARREN BOARD MEMBER 1.00 X 0 0 0 BUDDY HUGHES NCHBA PAST PRESIDENT 2.00 X 0 0 0 BURL LANCE NCHBA PAST PRESIDENT 2.00 X 0 0 0 CHARLENE ALLEN SECRETARY/TREASURER/CHAIR- 4.00 X X 0 0 0 CHARLES MCLAURIN NCHBA PAST PRESIDENT 2.00 X 0 0 0 CHARLES MULLEN NCHBA PAST PRESIDENT 2.00 X 0 0 0 CHRISTY BECK BOARD MEMBER 1.00 X 0 0 0 CHUCK MILLER NCHBA PAST PRESIDENT 2.00 X 0 0 0 CODY BYRD NCHBA PRESIDENT 4.00 X X 0 0 0 COLT SIMMONS BOARD MEMBER 1.00 X 0 0 0 CRAIG CLENDENIN BOARD MEMBER 1.00 X 0 0 0 DAN TINGEN BOARD MEMBER 1.00 X 0 0 0 DANNY ADAMS NCHBA PAST PRESIDENT 2.00 X 0 0 0 DAVE STORMONT NCHBA PAST PRESIDENT 2.00 X 0 0 0 DAVID BUCHANAN BOARD MEMBER 1.00 X 0 0 0 DAVID PRESSLY NCHBA PAST PRESIDENT 2.00 X 0 0 0 DAVID PRICE REGION II VP 3.00 X X 0 0 0 DAVID WAETCHER BOARD MEMBER 1.00 X 0 0 0 DICKY GEPHART FIRST VICE PRESIDENT 3.00 X X 0 0 0 DIRK SWING BOARD MEMBER 1.00 X 0 0 0 DON BETSWORTH NCHBA PAST PRESIDENT 2.00 X 0 0 0 DON CODY BOARD MEMBER 1.00 X 0 0 0 DON CROOM NCHBA PAST PRESIDENT 2.00 X 0 0 0 DONALD LONG BOARD MEMBER 1.00 X 0 0 0 DOUG BALL REGION III VP 3.00 X X 0 0 0 ERIK ANDERSON NCHBA PAST PRESIDENT 2.00 X 0 0 0 ERIN PIERCE BOARD MEMBER 1.00 X 0 0 0 FRANK WIESNER NCHBA PAST PRESIDENT 2.00 X 0 0 0 GARY EMBLER NCHBA PAST PRESIDENT 2.00 X 0 0 0 GARY HAYES BOARD MEMBER 1.00 X 0 0 0 GEORGE HENSON NCHBA PAST PRESIDENT 2.00 X 0 0 0 GREG ISENHOUR NCHBA PAST PRESIDENT 2.00 X 0 0 0 GUS ADAMS REGION VIII VP 3.00 X X 0 0 0 HARRIS GUPTON NCHBA PAST PRESIDENT 2.00 X 0 0 0 HERSCHEL REDDING NCHBA PAST PRESIDENT 2.00 X 0 0 0 J GARY HILL NCHBA PAST PRESIDENT 2.00 X 0 0 0 J WATTS ROBERSON NCHBA PAST PRESIDENT 2.00 X 0 0 0 JE THOMPSON BOARD MEMBER 1.00 X 0 0 0 JAMES FORD NCHBA PAST PRESIDENT 2.00 X 0 0 0 JASON HELMS BOARD MEMBER 1.00 X 0 0 0 JAY COPE BOARD MEMBER 1.00 X 0 0 0 JEFF KINCAID BOARD MEMBER 1.00 X 0 0 0 JEFF SMITH REGION VII VP 3.00 X X 0 0 0 JEFF THRONEBURG BOARD MEMBER 1.00 X 0 0 0 JENIFER SCHUSTER BOARD MEMBER 1.00 X 0 0 0 JEREMY BERTRAND BOARD MEMBER 1.00 X 0 0 0 JESSI HOGSHIRE BOARD MEMBER 1.00 X 0 0 0 JIM DERRICKSON NCHBA ASSOC MEMBERS COMMITTEE CHAIR 2.00 X 0 0 0 JIMMY LOWE BOARD MEMBER 1.00 X 0 0 0 JIMMY STEPHENS BOARD MEMBER 1.00 X 0 0 0 JOAN SWIFT REGION IV VP 3.00 X X 0 0 0 JOHN HOOPES BOARD MEMBER 1.00 X 0 0 0 JONATHAN ELLIOT NCHBA PAST PRESIDENT 2.00 X 0 0 0 JOSH SCOTT BOARD MEMBER 1.00 X 0 0 0 JUDY DINELLE PRESIDENTIAL APPOINTEE 2.00 X X 0 0 0 JULIE RUSSO BOARD MEMBER 1.00 X 0 0 0 KATIE MARIANI PRESIDENTIAL APPOINTEE 2.00 X X 0 0 0 KAY BUNCH BOARD MEMBER 1.00 X 0 0 0 KEN JONES BOARD MEMBER 1.00 X 0 0 0 KENNETH COMBS BOARD MEMBER 1.00 X 0 0 0 LARUE HAMBRICK NCHBA PAST PRESIDENT 2.00 X 0 0 0 LYLE GARDNER NCHBA PAST PRESIDENT 2.00 X 0 0 0 LYNN CUMMINGS BOARD MEMBER 1.00 X 0 0 0 M DURWOOD STEPHENSON NCHBA PAST PRESIDENT 2.00 X 0 0 0 MARK MARTIN NCHBA PAST PRESIDENT 2.00 X 0 0 0 MARK MERELL REGION I VP 3.00 X X 0 0 0 MARK TIPTON NCHBA PAST PRESIDENT 2.00 X 0 0 0 MEGAN CARROLL PRESIDENT/EO/ES COUNCIL 2.00 X X 0 0 0 MICHAEL ENSCORE NCHBA PAST PRESIDENT 2.00 X 0 0 0 MIKE JONES BOARD MEMBER 1.00 X 0 0 0 NORA SPENCER REGION V VP 3.00 X X 0 0 0 PAUL MULLICAN NCHBA PAST PRESIDENT 2.00 X 0 0 0 PHIL WARRICK NCHBA PAST PRESIDENT 2.00 X X 0 0 0 RANDY WARREN BOARD MEMBER 1.00 X 0 0 0 RAY RHODES NCHBA PAST PRESIDENT 2.00 X 0 0 0 RAYMOND MANN BOARD MEMBER 1.00 X 0 0 0 RICK BATCHELOR NCHBA PAST PRESIDENT 2.00 X 0 0 0 RICK JUDSON NCHBA PAST PRESIDENT 2.00 X 0 0 0 ROBERT INGRAHAM NCHBA PAST PRESIDENT 2.00 X 0 0 0 ROBERT YATKO NCHBA PAST PRESIDENT 2.00 X 0 0 0 RON FOISTER BOARD MEMBER 1.00 X 0 0 0 RONALD WEBER BOARD MEMBER 1.00 X 0 0 0 RUSS DAVIS NCHBA PAST PRESIDENT 2.00 X 0 0 0 SEAN GALLAGHER BOARD MEMBER 1.00 X 0 0 0 SEAN SULLIVAN NCHBA PAST PRESIDENT 2.00 X 0 0 0 SHAWN HORTON BOARD MEMBER 1.00 X 0 0 0 SHERRILL FAW NCHBA PAST PRESIDENT 2.00 X 0 0 0 SHERRILL SMITH BOARD MEMBER 1.00 X 0 0 0 THOMAS BUCK BOARD MEMBER 1.00 X 0 0 0 THOMAS MCCLAIN PRESIDENT-ELECT 4.00 X X 0 0 0 TIM MARION BOARD MEMBER 1.00 X 0 0 0 TODD WHITTENTON BOARD MEMBER 1.00 X 0 0 0 VAN GROCE JR BOARD MEMBER 1.00 X 0 0 0 WES CARROLL NCHBA PAST PRESIDENT 2.00 X X 0 0 0 WILL ADAMS BOARD MEMBER 1.00 X 0 0 0 WILLIAM GOODRICH BOARD MEMBER 1.00 X 0 0 0 CHRISTINE BOWLING CONTROLLER (11/2023-CURREN 40.00 X 133857 0 15458 TIM MINTON EXECUTIVE VICE PRESIDENT 55.00 X 442626 0 47809 MIKE CARPENTER GENERAL COUNSEL 40.00 X 187526 0 26298 CHRISTOPHER MILLIS DIRECTOR OF REGULATORY AFF 40.00 X 202485 0 27232 CLIFF ISAAC DIRECTOR OF CODES AND CONS 40.00 X 134992 0 23225 STEVEN WEBB DIRECTOR OF LEGISLATIVE AF 40.00 X 134269 0 21614 TRACIE GARRETT DIRECTOR OF SPECIAL EVENTS 40.00 X 121006 0 20574 1356761 0 182210 7 0 1 0 BUILDERS FIRST LLC 5580 CENTERVIEW DR RALEIGH NC 27606 RENT 138108 1 203592 2500 206092 MEMBERSHIP FEES 900099 1367351 1367351 EXPOS 900099 398473 398473 REGISTRATION FEES 900099 380361 380361 SEMINARS 900099 97772 97772 MANAGEMENT FEE INCOME 900099 48000 48000 2291957 195224 195224 1780797 1780797 47339 0 47339 47339 47339 4521409 2291957 0 2023360 323718 639750 1420118 105009 161627 119011 24195 20000 41123 41051 26236 18861 103818 151736 194991 60493 47355 10696 ANNUAL EXPO COSTS 298634 CONTINUING EDUCATION 281411 NCBI MANAGEMENT FEES 174000 MEMBER PROGRAM 132501 112898 4509232 700688 525141 187102 65672 87825 142987 82029 82814 412596 128998 278739 283598 5249342 5794669 681360 674041 238582 34779 7505667 7603701 15149 226783 419773 505798 399741 86563 834663 819144 X 6671004 6784557 6671004 6784557 7505667 7603701 X 12177 112048 -10672 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 200000 200000 0 HOME BUILDERS EDUCATION FUND INC PO BOX 99090 RALEIGH NC 27624 475357421 200000 0 0 0 1367351 429813 429813 451226 -21413 200532 28963 171569 57878 38068 19810 154186 61967 92219 283598 FIXED INCOME & EQUITY SECURITIES 5794669 F 5794669 BUILDERS FIRST, LLC 674041 F 674041 PREPAID DUES AND DEPOSITS 51784 OPERATING LEASE LIABILITY NET 15608 OPERATING LEASE LIABILITY CURRENT 19171 86563 X 4581734 112048 112048 4469686 41051 10672 51723 4521409 4468181 0 4468181 41051 41051 4509232 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, 2024, THE ASSOCIATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, 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 10,672. 1 HOME BUILDERS EDUCATION FUND INC PO BOX 99090 RALEIGH NC 27624 475357421 501(C)3 200000 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 120718 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 442626 0 0 0 0 0 27600 0 20209 0 490435 0 0 0 CHRISTOPHER MILLIS DIRECTOR OF REGULATORY AFF 202485 0 0 0 0 0 16259 0 10973 0 229717 0 0 0 MIKE CARPENTER GENERAL COUNSEL 187526 0 0 0 0 0 15093 0 11205 0 213824 0 0 0 CLIFF ISAAC DIRECTOR OF CODES AND CONS 134992 0 0 0 0 0 12296 0 10929 0 158217 0 0 0 STEVEN WEBB DIRECTOR OF LEGISLATIVE AF 134269 0 0 0 0 0 10802 0 10812 0 155883 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 -10,672. 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 200000 CASH NCHBA EDUCATIONAL & CHARITABLE FOUNDATION B 120718 CASH