2025-11-05T14:35:31-06:00 2024-12-31 561965804 THOMAS JUDY & TUCKER PA 4700 FALLS OF NEUSE ROAD STE 400 RALEIGH NC 27609 990 2024-01-01 560849629 HOME BUILDERS ASSOC OF RALEIGH-WAKE CO HOME 9192332033 5580 CENTERVIEW DRIVE 115 RALEIGH NC 27606 ALLISON BANEGAS DIRECTOR OF FINANCE 9192325888 2025-11-05 1 0 MICHAEL A SHUSKO CPA P01314870 9195717055 2025-11-05 2024 2025-03-06 01:10:19Z PAUL KANE 5580 CENTERVIEW DRIVE 115 RALEIGH NC 27606 3049891 0 X WWW.HBAWAKE.COM X 1959 NC TO PROMOTE THE INTERESTS OF THE RESIDENTIAL BUILDING INDUSTRY ON ISSUES THAT AFFECT THEIR ABILITY TO PROVIDE AFFORDABLE HOUSING FOR ALL CIZITENS OF WAKE COUNTY. 40 40 8 200 0 0 24242 36379 2524013 2793057 20168 30771 13160 -57255 2581583 2802952 0 0 0 0 932609 1003029 0 0 0 1637909 1754783 2570518 2757812 11065 45140 1804550 1853690 227878 247291 1576672 1606399 X THE HOME BUILDERS ASSOCIATION OF RALEIGH-WAKE COUNTY REPRESENTS AND PROMOTES THE INTEREST OF THE RESIDENTIAL BUILDING INDUSTRY ON ISSUES THAT AFFECT THEIR ABILITY TO PROVIDE AFFORDABLE HOUSING FOR ALL CITIZENS OF WAKE COUNTY. THE ASSOCIATION SERVES AS THE VOICE OF THE RESIDENTIAL CONSTRUCTION INDUSTRY AT THE LOCAL, STATE AND NATIONAL LEVELS. 0 0 ORGANIZED THE FREE, ANNUAL PARADE OF HOMES EVENT FOR BUILDER MEMBERS TO DISPLAY NEW HOMES TO THE GENERAL PUBLIC. PARADE ENTRIES WERE JUDGED AS PART OF THE PROGRAM TO SEE WHICH ENTRY WAS BEST IN 24 CATEGORIES. APPROXIMATELY 203 HOMES WERE ENTERED IN 2024. OVER 19,000 COPIES OF THE PARADE OF HOMES BOOKS WERE GIVEN OUT BEFORE, DURING AND AFTER THE EVENT. THE HBA HOSTED 3 GOLF TOURNAMENTS IN 2024, WITH A COMBINED TOTAL OF 288 PLAYERS PARTICIPATING IN THE EVENTS. MULTIPLE ORGANZIATIONS SPONSORED THE EVENTS AND SET UP DISPLAYS FOR THE PARTICIPANTS. THE GOLF TOURNAMENTS WERE MONITORED AND RUN BY BOTH STAFF MEMBERS AND VOLUNTEERS. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2 0 8 1 0 0 0 0 0 0 0 0 0 0 X 40 40 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X ALLISON BANEGAS 9192332033 5580 CENTERVIEW DRIVE STE 115 RALEIGH NC 27606 ALEX YOST 2ND VICE PRESIDENT 2.00 X X 0 0 0 AMANDA HOYLE TREASURER 2.00 X X 0 0 0 CAMERON MEDLIN BOARD MEMBER 1.00 X 0 0 0 CHRISTY BECK PRESIDENT 2.00 X X 0 0 0 CRISTI GREEN BOARD MEMBER 1.00 X 0 0 0 CRISTINA HURLEY BOARD MEMBER 1.00 X 0 0 0 DAN CLEM BOARD MEMBER 1.00 X 0 0 0 DAVID COLGAN BOARD MEMBER 1.00 X 0 0 0 DAVID PRICE BOARD MEMBER 1.00 X 0 0 0 DICKY GEPHART BOARD MEMBER 1.00 X 0 0 0 ERICA OLIVER BOARD MEMBER 1.00 X 0 0 0 JAMES CREGGER BOARD MEMBER 1.00 X 0 0 0 JANICE MESBITT MEMBER/TRIANGLE SALES AND MARKETING COUNCIL 2.00 X 0 0 0 JAY UPCHURCH BOARD MEMBER 1.00 X 0 0 0 JEFF LOGSON BOARD MEMBER 1.00 X 0 0 0 JIM DERRICKSON IMMEDIATE PAST PRESIDENT/MEMBERSHIP COUNCIL 2.00 X X 0 0 0 JOEL GENIESSE BOARD MEMBER 1.00 X 0 0 0 JON SHOWALTER BOARD MEMBER 1.00 X 0 0 0 KATHY YOUNG BOARD MEMBER 1.00 X 0 0 0 KEITH HILL BOARD MEMBER 1.00 X 0 0 0 KIMBERLY MICHAEL VICE PRESIDENT ASSOCIATE 2.00 X X 0 0 0 LINDA DICKERT BOARD MEMBER 1.00 X 0 0 0 LISA BALDWIN APPOINTEE TO EXECUTIVE COM 2.00 X X 0 0 0 LOU BAKER BOARD MEMBER 1.00 X 0 0 0 LUKE DOBBINS BOARD MEMBER 1.00 X 0 0 0 MARK ASHBURN BOARD MEMBER 1.00 X 0 0 0 MATT GAULT BOARD MEMBER/REMODELERS COUNCIL 2.00 X 0 0 0 MELISSA ERVIN BOARD MEMBER 1.00 X 0 0 0 MIKE HUNSAKER BOARD MEMBER 1.00 X 0 0 0 MIKKEL THOMPSON 1ST VICE PRESIDENT 2.00 X X 0 0 0 RACHEL WILLIAMS BOARD MEMBER 1.00 X 0 0 0 ROB WEINTRAUB BOARD MEMBER 1.00 X 0 0 0 RYAN JOHNSON BOARD MEMBER/PARADE OF HOMES COUNCIL 2.00 X 0 0 0 SHARON ANDREWS BOARD MEMBER 1.00 X 0 0 0 TOM ANHUT SECRETARY 2.00 X X 0 0 0 TONY FRAZIER BOARD MEMBER 1.00 X 0 0 0 TRIPP LOYD BOARD MEMBER 1.00 X 0 0 0 VANESSA JENKINS BOARD MEMBER 1.00 X 0 0 0 WARREN SMITH BOARD MEMBER 1.00 X 0 0 0 WES CARROLL BOARD MEMBER 1.00 X 0 0 0 PAUL KANE EXECUTIVE VICE PRESIDENT/C 40.00 X 233008 0 41736 SUZANNE HARRIS VP OF GOVERNMENTAL AFFAIRS 40.00 X 136376 0 19011 369384 0 60747 2 0 1 0 BUILDERS FIRST LLC 5580 CENTERVIEW DRIVE RALIEGH NC 27606 OFFICE SPACE LEASE 199450 1 36379 36379 MEMBER SERVICES 900099 1129599 1129599 MEMBERSHIP DUES 900099 999182 999182 TRADE SHOWS/PARADE OF HOMES 900099 629626 629626 EDUCATION 900099 34650 34650 2793057 30771 30771 98456 199450 -100994 -100994 -100994 64820 36379 47489 17331 17331 MISCELLANEOUS INCOME 900099 26408 26408 26408 2802952 2819465 0 -52892 274744 587938 33216 49802 57329 19250 43840 16012 40062 126551 3602 23597 14177 CLUBS AND COMMITTEES 533301 MEMBERSHIP DUES 383156 PARADE OF HOMES EXPENSE 234669 COUNCILS 203525 113041 2757812 12080 18534 533390 598188 79627 91372 37543 36676 471606 322705 160282 148901 981628 960019 1804550 1853690 46908 68483 34340 35045 144457 141590 2173 2173 227878 247291 X 1576672 1606399 1576672 1606399 1804550 1853690 X 45140 -15413 X X 0 1 X 1 0 202620 97683 104937 268986 225022 43964 148901 BUILDERS FIRST, LLC 960019 C 960019 SECURITY DEPOSITS 2173 2173 X 3034478 246939 246939 2787539 15413 15413 2802952 3004751 246939 246939 2757812 0 2757812 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM INCOME TAXES AS A NONPROFIT 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 FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("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 YEAR ENDED DECEMBER 31, 2024, 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 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 199,450. FUNDRAISING EXPENSES 47,489. PART XI, LINE 4B - OTHER ADJUSTMENTS: BOOK/TAX DIFFERENCE - BUILDERS FIRST LLC K-1 15,413. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 199,450. FUNDRAISING EXPENSES 47,489. GOLF TOURNAMENTS 101199 36379 64820 1135 44586 1768 101199 36379 64820 1135 44586 1768 47489 17331 X X 0 0 0 PAUL KANE EXECUTIVE VICE PRESIDENT/C 233008 0 0 0 0 0 14611 0 27125 0 274744 0 0 0 SUZANNE HARRIS VP OF GOVERNMENTAL AFFAIRS 136376 0 0 0 0 0 8674 0 10337 0 155387 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE HOME BUILDERS ASSOCIATION OF RALEIGH-WAKE COUNTY IS A 501(C)(6) NONPROFIT ENTITY. THE ORGANIZATION HAS MEMBERS WHO ARE HOME BUILDERS WHO SPECIALIZE IN THE HOME BUILDING INDUSTRY. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS ARE ENTITLED TO VOTE FOR BOARD MEMBERS AT THE GENERAL MEMBERSHIP MEETING WHICH IS HELD AFTER THE OCTOBER BOARD MEETING. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE HOME BUILDERS ASSOCIATION CONSTITUTION ARE REQUIRED TO BE VOTED ON BY THE GENERAL MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B AUDITORS ARE REQUIRED TO PRESENT THE 990 TO THE EXECUTIVE COMMITTEE WHO WILL REVIEW AND ACCEPT/APPROVE ON BEHALF OF THE ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 12C ALL HOME BUILDERS ASSOCIATION OF RALEIGH-WAKE CO BOARD MEMBERS ARE ASKED ON AN ANNUAL BASIS TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST IN ORDER TO ASSURE APPROPRIATE BUSINESS DISCUSSIONS DURING ALL BOARD RELATED MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE WILL MEET ON AN ANNUAL BASIS TO REVIEW THE PERFORMANCE OF THE EXECUTIVE DIRECTOR IN THE FALL BEFORE THE FINAL DRAFT OF THE ANNUAL BUDGET. THIS ALLOWS THE BUDGET COMMITTEE APPROPRIATE TIME TO MAKE FINAL ADJUSTMENTS TO THE PROPOSED BUDGET BEFORE PRESENTATION TO THE BOARD FOR FINAL APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 ALL DISCLOSURE ARE AVAILABLE FOR ANY MEMBER OF THE ASSOCIATION OR THE GENERAL PUBLIC TO VIEW UPON REQUEST. FORM 990, PART XI, LINE 9: BOOK/TAX DIFFERENCE - BUILDERS FIRST LLC -15,413. FORM 990, PART XII, LINE 1 THE ASSOCIATION USES THE MODIFIED ACCRUAL METHOD OF ACCOUNTING TO MAINTAIN ITS BOOKS. FORM 990, PART XII, LINE 2C AUDITORS ARE REQUIRED TO PRESENT THE AUDITED FINANCIAL STATMENTS TO THE EXECUTIVE COMMITTEE WHO WILL REVIEW AND ACCEPT/APPROVE ON BEHALF OF THE ASSOCIATION. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. HB ASSOC OF RALEIGH-WAKE COUNTY CHARITABLE 5580 CENTERVIEW DRIVE STE 115 RALEIGH NC 27606 141943181 CHARITABLE CONTRIBUTIONS NC 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0