Nonprofit · EIN 56-1864518
NORTH CAROLINA HOME BUILDERS ASSOC EDUCATIONAL & CHARITABLE FOUNDATIO
Tax-exempt · RALEIGH, NC 27624
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,530,474 | $3,340,618 | $189,856 | $3,915,587 | $238,316 | $3,677,271 |
| December 31, 2023 | 990 | $1,524,950 | $1,599,794 | -$74,844 | $5,242,086 | $1,766,510 | $3,475,576 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,452,282
- of which government grants
- $2,806,949
- Program service revenue
- $0
- Investment income
- $56,135
- Net gain from sales of assets
- $62
- Net income from fundraising events
- $22,057
- Other revenue
- $22,057
Expenses
- Grants and similar amounts paid
- $196,126
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $22,000
- Depreciation
- $363,750
- Program services (functional)
- $3,169,171
- Management and general (functional)
- $171,447
Balance sheet and other
- Total assets, start of year
- $5,242,086
- Total assets, end of year
- $3,915,587
- Total liabilities, end of year
- $238,316
- Net assets, end of year
- $3,677,271
- Land, buildings and equipment
- $1,521,299
- Net assets without donor restrictions
- $3,433,291
- Net assets with donor restrictions
- $243,980
- Gross receipts
- $4,821,544
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1995
- State of legal domicile
- NC
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRANDON BRYANT | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 2 | $0 |
| CODY BYRD | PRESIDENT Trustee or director, Officer | 2 | $0 |
| RICHARD GEPHART | FIRST VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHARLENE ALLEN | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| THOMAS MCCLAIN | PRESIDENT ELECT Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TIM MINTON | PRESIDENT Trustee or director, Officer | 2 | $0 | $445,024 | $48,788 |
| TRACIE GARRETT | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $114,338 | $20,701 |
| BRANDON BRYANT | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 | $0 |
| CODY BYRD | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 | $0 |
| CHARLENE ALLEN | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| THOMAS MCLEAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 99090, RALEIGH, NC 27624-9090
- In care of
- % MIKE CARPENTER
- Principal officer (990 for 2024)
- TIM MINTON, POST OFFICE BOX 99090, RALEIGH, NC 276249090
- Signed the 990
- TIM MINTON, PRESIDENT
- Phone
- (919) 833-4613
- Website
- WWW.NCHBA.ORG
- Return prepared by
- THOMAS JUDY & TUCKER PA
Mission
THE PURPOSE IS TO PROVIDE EDUCATIONAL SCHOLARSHIPS FOR THE HOME BUILDING INDUSTRY AND TO PROVIDE DISASTER RELIEF AND OTHER CHARITABLE ACTIVITIES.
Program accomplishments
- THE FOUNDATION AWARDS SCHOLARSHIPS BASED ON A COMBINATION OF NEED AND MERIT TO FOUR-YEAR COLLEGE STUDENTS ENTERING THEIR JUNIOR OR SENIOR YEAR AND TECHNICAL SCHOOL STUDENTS ENTERING THEIR SECOND YEAR WHO HAVE DECLARED THEIR MAJOR IN A CONSTRUCTION RELATED FIELD.Expenses $3,169,171 · grants $196,126
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1864518
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B03)
- Assets (IRS master file)
- $3,915,587
- Income (IRS master file)
- $4,821,544
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,530,474 | $3,340,618 | $3,915,587 | XML |
| 990 | December 2023 | $1,524,950 | $1,599,794 | $5,242,086 | XML |
| 990 | December 2022 | $3,791,211 | $748,501 | $5,568,140 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 56-1864518).
Questions about NORTH CAROLINA HOME BUILDERS ASSOC EDUCATIONAL & CHARITABLE FOUNDATIO
- What is the EIN of NORTH CAROLINA HOME BUILDERS ASSOC EDUCATIONAL & CHARITABLE FOUNDATIO?
- The employer identification number (EIN) of NORTH CAROLINA HOME BUILDERS ASSOC EDUCATIONAL & CHARITABLE FOUNDATIO is 56-1864518.
- Is NORTH CAROLINA HOME BUILDERS ASSOC EDUCATIONAL & CHARITABLE FOUNDATIO tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to NORTH CAROLINA HOME BUILDERS ASSOC EDUCATIONAL & CHARITABLE FOUNDATIO tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NORTH CAROLINA HOME BUILDERS ASSOC EDUCATIONAL & CHARITABLE FOUNDATIO 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 NORTH CAROLINA HOME BUILDERS ASSOC EDUCATIONAL & CHARITABLE FOUNDATIO 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 NORTH CAROLINA HOME BUILDERS ASSOC EDUCATIONAL & CHARITABLE FOUNDATIO 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 NORTH CAROLINA HOME BUILDERS ASSOC EDUCATIONAL & CHARITABLE FOUNDATIO?
- The 990 for the year ended December 31, 2024 names TIM MINTON.
- Who are the officers and directors of NORTH CAROLINA HOME BUILDERS ASSOC EDUCATIONAL & CHARITABLE FOUNDATIO?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does NORTH CAROLINA HOME BUILDERS ASSOC EDUCATIONAL & CHARITABLE FOUNDATIO have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,530,474, expenses of $3,340,618 and total assets of $3,915,587 at year end.
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