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Nonprofit · EIN 54-0681477

HOME BUILDERS ASSOCIATION OF VIRGINIA

Tax-exempt · RICHMOND, VA 23219

Financials

$1.4M$1.2M2023$1.4M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of HOME BUILDERS ASSOCIATION OF VIRGINIA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,393,161$1,225,879$167,282$2,935,433$715,198$2,220,235
December 31, 2023990$1,370,362$1,194,319$176,043$2,646,170$677,808$1,968,362
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$700,049
Membership dues
$700,049
Program service revenue
$439,238
Investment income
$132,779
Net gain from sales of assets
$70,965
Net income from fundraising events
$121,095
Other revenue
$121,095

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$233,305
Other salaries and wages
$340,809
Salaries, compensation and benefits (total)
$664,732
Professional fundraising fees
$0
Legal fees
$61,063
Accounting fees
$14,175
Occupancy
$45,612
Travel
$58,837
Depreciation
$3,451

Balance sheet and other

Total assets, start of year
$2,646,170
Total assets, end of year
$2,935,433
Total liabilities, end of year
$715,198
Net assets, end of year
$2,220,235
Land, buildings and equipment
$21,668
Publicly traded securities
$1,959,409
Net assets without donor restrictions
$2,220,235
Gross receipts
$1,980,553
Employees
5
Volunteers
8
Year formed
1956
State of legal domicile
VA

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
CRAIG TOALSONCHIEF EXEC O
Trustee or director, Officer
40$185,500$47,805
C ANDREW CLARKGOVERNMENT R
Trustee or director, Officer
40$161,000$20,840
BRIAN DAVIDSONIMMED.PAST P
Trustee or director, Officer
1$0$0
SCOTT WILLIAMSPRESIDENT
Trustee or director, Officer
1$0$0
DAN SANDOVALTRUSTEE
Trustee or director
1$0$0
JACKIE BATESTRUSTEE
Trustee or director
1$0$0
JUSTIN BOYLETRUSTEE
Trustee or director
1$0$0
JEFF BRUZZESITRUSTEE
Trustee or director
1$0$0
SHAWN CALLAHANTRUSTEE
Trustee or director
1$0$0
ROB FROGALETRUSTEE
Trustee or director
1$0$0
JEH HICKSTRUSTEE
Trustee or director
1$0$0
SCOTT HINETRUSTEE
Trustee or director
1$0$0
DANIEL JONESTRUSTEE
Trustee or director
1$0$0
HANS KLINGER1ST VP/TREAS
Trustee or director, Officer
1$0$0
KEVIN MCNULTYTRUSTEE
Trustee or director
1$0$0
12 more people on this return
NameTitleHours / weekCompensation
BUTCH JEFFERSONTRUSTEE
Trustee or director
1$0
MIKE SANDKUHLER2ND VP
Trustee or director, Officer
1$0
CARMELA PATRICKTRUSTEE
Trustee or director
1$0
NATHAN TRICETRUSTEE
Trustee or director
1$0
ALICIA SMITHTRUSTEE
Trustee or director
1$0
FRANK BALLIFTRUSTEE
Trustee or director
1$0
DOUG BENNETTTRUSTEE
Trustee or director
1$0
ALICIA COX SKOUGTRUSTEE
Trustee or director
1$0
ZACK SNELLTRUSTEE
Trustee or director
1$0
CAROL CAPORELLITRUSTEE
Trustee or director
1$0
GENE BROWNTRUSTEE
Trustee or director
1$0
JASON KLAUKAASSOC VP
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 62 people
NameTitleHours / weekCompensationOther / benefits
CRAIG TOALSONCHIEF EXEC O
Trustee or director, Officer
40$180,500$47,279
C ANDREW CLARKGOVERNMENT R
Highest-paid employee
40$170,500$31,572
BRIAN DAVIDSONPRESIDENT
Trustee or director, Officer
40$0$0
SCOTT WILLIAMS1ST VICE PRE
Trustee or director, Officer
1$0$0
JOHN AINSLIEIMMED.PAST P
Trustee or director, Officer
1$0$0
MATT ABBITTTRUSTEE
Trustee or director
1$0$0
DAN SANDOVALTRUSTEE
Trustee or director
1$0$0
JACKIE BATESTRUSTEE
Trustee or director
1$0$0
JUSTIN BOYLETRUSTEE
Trustee or director
1$0$0
MITCHELL BODETRUSTEE
Trustee or director
1$0$0
JEFF BRIDGESTRUSTEE
Trustee or director
1$0$0
JEFF BRUZZESITRUSTEE
Trustee or director
1$0$0
SHAWN CALLAHANTRUSTEE
Trustee or director
1$0$0
DREW COMSTOCKTRUSTEE
Trustee or director
1$0$0
TRIPP COSTENTRUSTEE
Trustee or director
1$0$0
JASON CRISMONTRUSTEE
Trustee or director
1$0$0
RICK FURNIVALTRUSTEE
Trustee or director
1$0$0
PETER FIELDSTRUSTEE
Trustee or director
1$0$0
IAN FRIENDTRUSTEE
Trustee or director
1$0$0
ROB FROGALETRUSTEE
Trustee or director
1$0$0
NATE GIBSONTRUSTEE
Trustee or director
1$0$0
CHARLIE GUNTERTRUSTEE
Trustee or director
1$0$0
JEH HICKSTRUSTEE
Trustee or director
1$0$0
SCOTT HINETRUSTEE
Trustee or director
1$0$0
JOHN HOPKINSTRUSTEE
Trustee or director
1$0$0
JOE JACOBSTRUSTEE
Trustee or director
1$0$0
DANIEL JONESTRUSTEE
Trustee or director
1$0$0
MICHAEL JORDANTRUSTEE
Trustee or director
1$0$0
HANS KLINGERTRUSTEE
Trustee or director
1$0$0
KEVIN MCNULTYTRUSTEE
Trustee or director
1$0$0
JIM MINEARTRUSTEE
Trustee or director
1$0$0
TIM HALLTRUSTEE
Trustee or director
1$0$0
LARRY MURPHYTRUSTEE
Trustee or director
1$0$0
BRANDY NICKELTRUSTEE
Trustee or director
1$0$0
BUTCH JEFFERSONTRUSTEE
Trustee or director
1$0$0
JOHN OLIVIERITRUSTEE
Trustee or director
1$0$0
ANDREW PAINTERTRUSTEE
Trustee or director
1$0$0
BRIAN MCLELLONTRUSTEE
Trustee or director
1$0$0
RYAN ROSETRUSTEE
Trustee or director
1$0$0
MIKE SANDKUHLERTRUSTEE
Trustee or director
1$0$0
STEPHEN MOCKTRUSTEE
Trustee or director
1$0$0
HANNAH SHIELDS WOODTRUSTEE
Trustee or director
1$0$0
MARC SIMESTRUSTEE
Trustee or director
1$0$0
CARMELA PATRICKTRUSTEE
Trustee or director
1$0$0
RYAN SCHUETTTRUSTEE
Trustee or director
1$0$0
NATHAN TRICETRUSTEE
Trustee or director
1$0$0
ALICIA SMITHTRUSTEE
Trustee or director
1$0$0
JOE THOMASTRUSTEE
Trustee or director
1$0$0
BRAD BRYANTTRUSTEE
Trustee or director
1$0$0
FRANK BALLIFTRUSTEE
Trustee or director
1$0$0
TROY YANCEYTRUSTEE
Trustee or director
1$0$0
DOUG BENNETTTRUSTEE
Trustee or director
1$0$0
KELLY SCHNEIDERTRUSTEE
Trustee or director
1$0$0
TERESSA TAYLORTRUSTEE
Trustee or director
1$0$0
ALICIA COX SKOUGTRUSTEE
Trustee or director
1$0$0
GARY SCOLATRUSTEE
Trustee or director
1$0$0
TRICIA SMITHTRUSTEE
Trustee or director
1$0$0
STEPHEN BENNETTTRUSTEE
Trustee or director
1$0$0
ANTHONY SLATERTRUSTEE
Trustee or director
1$0$0
ZACK SNELLTRUSTEE
Trustee or director
1$0$0
JM SNELLTRUSTEE
Trustee or director
1$0$0
HORACE WILKINSTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1051 E CARY ST STE 1400, RICHMOND, VA 23219-4045
In care of
% JAMES CENTER
Principal officer (990 for 2024)
CRAIG TOALSON, 1051 EAST CARY ST SUITE 400, RICHMOND, VA 23219
Signed the 990
CRAIG TOALSON, CHIEF EXEC OFFICER
Phone
(804) 643-2797
Return prepared by
MEADOWS URQUHART ACREE & COOK LLP

Mission

TO ENSURE THE VITALITY OF THE BUILDING INDUSTRY

990 for the year ended December 31, 2024

Program accomplishments

  • LEGISLATIVE AND REGULATORY ACTIVITIES ARE CONDUCTED TO ENSURE THAT LAWS AND POLICIES ARE ADOPTED TO FURTHER PROTECT HOUSING AND HOMEOWNERSHIP IN VIRGINIA. THE ASSOCIATION INFORMS AND EDUCATES THE RESIDENTIAL CONSTRUCTION INDUSTRY ON NEWLY ADOPTED LAWS AND REGULATIONS TO COMPLY.
  • HBAV'S VIRGINIA BUILDERS SUMMIT & EXPO PROVIDES THE RESIDENTIAL CONSTRUCTION INDUSTRY WITH EDUCATION AND ACCESS TO THE LATEST BUILDING PRODUCTS, TECHNIQUES, AND BEST PRACTICES.
  • HBAV'S ANNUAL CONFERENCE AND HOUSING EXCELLENCE PROVIDES MEMBER EDUCATION AND INDUSTRY RECOGNITION FOR LEADERS THAT HAVE ADVANCED THE RESIDENTIAL CONSTRUCTION INDUSTRY IN VIRGINIA.

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
54-0681477
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1959
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,935,433
Income (IRS master file)
$1,980,553

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,393,161$1,225,879$2,935,433XML
990December 2023$1,370,362$1,194,319$2,646,170XML
990December 2022$1,120,405$1,007,204$2,433,732IRS
990December 2021–––IRS
990December 2020–––IRS
990June 2019–––IRS
990June 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 54-0681477).

Questions about HOME BUILDERS ASSOCIATION OF VIRGINIA

What is the EIN of HOME BUILDERS ASSOCIATION OF VIRGINIA?
The employer identification number (EIN) of HOME BUILDERS ASSOCIATION OF VIRGINIA is 54-0681477.
Is HOME BUILDERS ASSOCIATION OF VIRGINIA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1959.
Are donations to HOME BUILDERS ASSOCIATION OF VIRGINIA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HOME BUILDERS ASSOCIATION OF VIRGINIA 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 ASSOCIATION OF VIRGINIA 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 ASSOCIATION OF VIRGINIA 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 ASSOCIATION OF VIRGINIA?
The 990 for the year ended December 31, 2024 names CRAIG TOALSON.
Who are the officers and directors of HOME BUILDERS ASSOCIATION OF VIRGINIA?
The 990 for the year ended December 31, 2024 lists 27 people; 2 received compensation from the organization, the highest $185,500 (CRAIG TOALSON, CHIEF EXEC O).
How much revenue does HOME BUILDERS ASSOCIATION OF VIRGINIA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,393,161, expenses of $1,225,879 and total assets of $2,935,433 at year end.

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