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Nonprofit · EIN 52-1266885

HOME BUILDERS INSTITUTE

Tax-exempt · WASHINGTON, DC 20005

Financials

$46.8M$45.1M2023$50.4M$46.4M2024
Revenue Expenses · by fiscal year end
Financials of HOME BUILDERS INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$50,413,946$46,449,721$3,964,225$23,978,965$10,865,654$13,113,311
December 31, 2023990$46,773,699$45,132,416$1,641,283$18,481,333$9,439,827$9,041,506
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$50,075,672
of which government grants
$34,175,788
Program service revenue
$0
Investment income
$338,274
Net gain from sales of assets
$11,801
Other revenue
$0

Expenses

Grants and similar amounts paid
$404,800
Compensation of officers, directors and key employees
$2,792,871
Other salaries and wages
$21,345,940
Salaries, compensation and benefits (total)
$32,482,266
Professional fundraising fees
$0
Legal fees
$91,430
Accounting fees
$153,058
Occupancy
$1,660,325
Travel
$2,857,779
Depreciation
$116,354
Program services (functional)
$39,219,941
Management and general (functional)
$6,193,838
Fundraising (functional)
$1,035,942

Balance sheet and other

Total assets, start of year
$18,481,333
Total assets, end of year
$23,978,965
Total liabilities, end of year
$10,865,654
Net assets, end of year
$13,113,311
Land, buildings and equipment
$168,482
Publicly traded securities
$1,827,552
Net assets without donor restrictions
$9,394,055
Net assets with donor restrictions
$3,719,256
Gross receipts
$58,727,171
Employees
387
Volunteers
26
Year formed
1981
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
EDWARD BRADYPRESIDENT AND CEO
Officer
40$699,233$62,812
JEREMY ALBRITTONSR VP, CFO & TREASURER
Officer
40$307,604$27,827
EMILY PRICESVP, DEVELOPMENT AND PARTNERSHIPS
Key employee
40$204,021$48,533
TAMMY JO SCRIVENVP OF HUMAN RESOURCES
Key employee
40$225,589$21,110
JEREMY HURLEYSVP, PROGRAM OPERATIONS
Key employee
40$223,507$16,866
LAUREN SULLIVANCHIEF OF STAFF, CORPORATE SECRETARY
Officer
40$193,818$32,887
GRETCHEN CANTALIVP JOB CORPS
Key employee
40$189,135$13,769
JOHN RODGERSDIRECTOR, PROGRAM MANAGEMENT
Highest-paid employee
40$128,964$59,222
LAUREN JOHNSONAVP PROGRAM PERFORMANCE
Key employee
40$152,685$30,246
MARIJIA BAILEYAVP FINANCE/CONTROLLER
Highest-paid employee
40$168,229$13,269
STEPHEN COUSINSAVP, INDUSTRY RELATIONS
Highest-paid employee
40$145,371$29,391
GREGG ROMANOSVP, PROGRAM OPERATIONS
Key employee
40$164,186$10,371
KEITH ESTLEDIRECTOR, CAREER SERVICES
Highest-paid employee
40$143,929$26,315
MARIO GONZALEZVP, WTE
Key employee
40$157,211$11,461
ARAVIND KUMARAVP, INFORMATION TECHNOLOGY
Highest-paid employee
40$152,445$12,538
26 more people on this return
NameTitleHours / weekCompensation
PAMELA PATENAUDECHAIR
Trustee or director, Officer
0.3$0
BRAD SIMONSVICE CHAIR
Trustee or director, Officer
0.3$0
ADAM ROCKETRUSTEE
Trustee or director
0.3$0
ALFONSO COSTA JRTRUSTEE
Trustee or director
0.3$0
DR BRIAN JOHNSONTRUSTEE
Trustee or director
0.3$0
CARIN MARCY BARTHTRUSTEE
Trustee or director
0.3$0
CARL HARRISTRUSTEE
Trustee or director
0.3$0
DR CASEY SACKSTRUSTEE
Trustee or director
0.3$0
CHUCK BAKERTRUSTEE
Trustee or director
0.3$0
CHUCK FOWKETRUSTEE
Trustee or director
0.3$0
DR BRYON L ERNESTTRUSTEE
Trustee or director
0.3$0
ERIN DEWEESETRUSTEE
Trustee or director
0.3$0
EUGENE GRAFTRUSTEE
Trustee or director
0.3$0
FERNANDO GIL-ENSENANTTRUSTEE
Trustee or director
0.3$0
GEORGE HESSTRUSTEE
Trustee or director
0.3$0
GREGORY UGALDETRUSTEE
Trustee or director
0.3$0
JIM TOBINEX-OFFICIO
Trustee or director
0.3$0
JOSEPH LANDERSTRUSTEE
Trustee or director
0.3$0
MEL MARTINEZTRUSTEE UNTIL 04/2024
Trustee or director
0.3$0
PATSY SMITHTRUSTEE EMERITUS
Trustee or director
0.3$0
RENEE ZENTZTRUSTEE
Trustee or director
0.3$0
SCOTT SEDAMTRUSTEE
Trustee or director
0.3$0
SETH APPLETONTRUSTEE
Trustee or director
0.3$0
STEVE DEWITTTRUSTEE
Trustee or director
0.3$0
TIM HOURIGANTRUSTEE
Trustee or director
0.3$0
TOM WINTERSTRUSTEE
Trustee or director
0.3$0
990 for the year ended December 31, 2023: 38 people
NameTitleHours / weekCompensationOther / benefits
EDWARD BRADYPRESIDENT AND CEO
Officer
40$559,026$65,483
JEREMY ALBRITTONSR VP & CFO
Officer
40$278,847$26,393
GREGG ROMANOSVP, PROGRAM OPERATIONS
Key employee
40$224,495$34,505
TAMMY JO SCRIVENVP OF HUMAN RESOURCES
Key employee
40$218,952$18,487
EMILY PRICESVP, DEVELOPMENT AND PARTNERSHIPS
Key employee
40$184,657$45,079
LAUREN SULLIVANCHIEF OF STAFF
Officer
40$178,738$28,279
JEREMY HURLEYVP WTE
Key employee
40$189,373$14,904
BETHANY SHEANVP OF EDUCATION SERVICES
Key employee
40$168,743$21,772
JOHN RODGERSDIRECTOR OF PROGRAM MANAGEMENT
Highest-paid employee
40$123,584$55,750
STEPHEN COUSINSAVP, CUSTOMER ENGAGEMENT
Highest-paid employee
40$132,804$40,306
MARIJIA BAILEYAVP FINANCE/CONTROLLER
Highest-paid employee
40$161,323$9,517
GRETCHEN CANTALIVP JOB CORPS
Highest-paid employee
40$149,732$11,378
LAUREN JOHNSONAVP PROGRAM PERFORMANCE
Highest-paid employee
40$118,663$41,631
PAMELA PATENAUDECHAIR
Trustee or director, Officer
0.3$0$0
KRISTEN AMUNDSONTRUSTEE (THRU 02/23)
Trustee or director
0.3$0$0
CHUCK BAKERTRUSTEE
Trustee or director
0.3$0$0
CARIN MARCY BARTHTRUSTEE
Trustee or director
0.3$0$0
ALFONSO COSTA JRTRUSTEE
Trustee or director
0.3$0$0
ERIN DEWEESETRUSTEE
Trustee or director
0.3$0$0
STEVE DEWITTTRUSTEE
Trustee or director
0.3$0$0
DR BRYON L ERNESTTRUSTEE
Trustee or director
0.3$0$0
CHUCK FOWKETRUSTEE
Trustee or director
0.3$0$0
FERNANDO GIL-ENSENANTTRUSTEE
Trustee or director
0.3$0$0
EUGENE GRAFTRUSTEE
Trustee or director
0.3$0$0
CARL HARRISTRUSTEE
Trustee or director
0.3$0$0
GEORGE HESSTRUSTEE
Trustee or director
0.3$0$0
TIM HOURIGANTRUSTEE
Trustee or director
0.3$0$0
GERALD HOWARDTRUSTEE
Trustee or director
0.3$0$0
BRIAN JOHNSONTRUSTEE
Trustee or director
0.3$0$0
MEL MARTINEZTRUSTEE
Trustee or director
0.3$0$0
ADAM ROCKETRUSTEE
Trustee or director
0.3$0$0
CASEY SACKSTRUSTEE
Trustee or director
0.3$0$0
SCOTT SEDAMTRUSTEE
Trustee or director
0.3$0$0
BRAD SIMONSVICE CHAIR
Trustee or director, Officer
0.3$0$0
GREGORY UGALDETRUSTEE
Trustee or director
0.3$0$0
TOM WINTERSTRUSTEE
Trustee or director
0.3$0$0
RENEE ZENTZTRUSTEE
Trustee or director
0.3$0$0
PATSY SMITHTRUSTEE EMERITUS
Trustee or director
0.3$0$0

Address and contacts

Address (IRS master file)
1201 15TH ST NW FL 6, WASHINGTON, DC 20005-2899
Principal officer (990 for 2024)
EDWARD BRADY, 1201 15TH STREET NW 6TH FLOOR, WASHINGTON, DC 20005
Signed the 990
JEREMY ALBRITTON, SR VP AND CFO
Phone
(202) 371-0600
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

WE CHANGE LIVES BY EDUCATING, INSPIRING, AND PREPARING INDIVIDUALS FOR CAREERS IN THE BUILDING INDUSTRY.

990 for the year ended December 31, 2024

Program accomplishments

  • JOB CORPSUNDER 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.
    Expenses $22,915,591
  • WORKFORCE TRAINING & EMPLOYMENTHBI PROVIDES VOCATIONAL INSTRUCTION AND LIFE-CHANGING OPPORTUNITIES THROUGH A VARIETY OF OTHER PROGRAMS INCLUDING:- MILITARY PROGRAMS: FUNDED BY THE HOME DEPOT FOUNDATION, HBI SERVES TRANSITIONING SERVICE MEMBERS ON OR NEAR 10 MILITARY INSTALLATIONS- COMMUNITY & CORRECTIONS: LOCAL PARTNERSHIPS AND TRAINING OPPORTUNITIES FOR JUSTICE-INVOLVED INDIVIDUALS, VETERANS AND THEIR FAMILIES- BUILDSTRONG ACADEMIES: OPEN TO THE PUBLIC AND FREE TO ALL STUDENTS, HBI HAS SEVEN ACADEMIES IN KEY MARKETS THROUGHOUT THE UNITED STATES, INCLUDING THE MOST RECENT ACADEMY IN SAN JUAN, PUERTO RICO.
    Expenses $14,420,124
  • FUTURE BUILDERS OF AMERICA 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 2024, HBI HAD MORE THAN 21,000 STUDENTS ENROLLED ACROSS ALL PROGRAMS AND ISSUED NEARLY 17,000 PRE APPRENTICESHIP CERTIFICATES.
    Expenses $1,722,142 · grants $404,800
  • OTHER PROGRAMS
    Expenses $162,084

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-1266885
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1984
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J220)
Assets (IRS master file)
$23,978,965
Income (IRS master file)
$58,727,171

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$50,413,946$46,449,721$23,978,965XML
990December 2023$46,773,699$45,132,416$18,481,333XML
990December 2022$40,034,347$38,201,673$17,695,686IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1266885).

Questions about HOME BUILDERS INSTITUTE

What is the EIN of HOME BUILDERS INSTITUTE?
The employer identification number (EIN) of HOME BUILDERS INSTITUTE is 52-1266885.
Is HOME BUILDERS INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to HOME BUILDERS INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOME BUILDERS INSTITUTE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HOME BUILDERS INSTITUTE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOME BUILDERS INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HOME BUILDERS INSTITUTE?
The 990 for the year ended December 31, 2024 names EDWARD BRADY.
Who are the officers and directors of HOME BUILDERS INSTITUTE?
The 990 for the year ended December 31, 2024 lists 41 people; 15 received compensation from the organization, the highest $699,233 (EDWARD BRADY, PRESIDENT AND CEO).
How much revenue does HOME BUILDERS INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $50,413,946, expenses of $46,449,721 and total assets of $23,978,965 at year end.

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