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Nonprofit · EIN 61-0488040

HOME BUILDERS ASSOCIATION OF LEXINGTON

Tax-exempt · LEXINGTON, KY 40517

Financials

$1.6M$1.3M2023$1.8M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of HOME BUILDERS ASSOCIATION OF LEXINGTON by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,825,751$1,717,365$108,386$3,450,963$2,121,886$1,329,077
December 31, 2023990$1,588,638$1,344,572$244,066$2,371,861$1,151,170$1,220,691
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$688,530
of which government grants
$28,262
Membership dues
$442,321
Program service revenue
$1,010,156
Investment income
$35,538
Other revenue
$91,527

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$181,085
Other salaries and wages
$490,100
Salaries, compensation and benefits (total)
$804,009
Professional fundraising fees
$0
Legal fees
$6,848
Accounting fees
$25,846
Occupancy
$80,678
Travel
$14,467
Depreciation
$34,313
Program services (functional)
$991,507
Management and general (functional)
$725,858

Balance sheet and other

Total assets, start of year
$2,371,861
Total assets, end of year
$3,450,963
Total liabilities, end of year
$2,121,886
Net assets, end of year
$1,329,077
Land, buildings and equipment
$1,868,405
Net assets without donor restrictions
$1,329,077
Gross receipts
$1,825,751
Employees
8
Volunteers
0
Year formed
1952
State of legal domicile
KY

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
TODD JOHNSONEXECUTIVE DIRECTOR
Officer
40$171,007$10,078
BRENT ANDERSONPRESIDENT
Trustee or director, Officer
5$0$0
KEVIN KERWINPRESIDENT ELECT
Trustee or director, Officer
5$0$0
JOHN ATCHISONVP FINANCE/ GOV AFFAIRS CH
Trustee or director, Officer
5$0$0
JOE PALUMBOIMMEDIATE PAST PRESIDENT
Trustee or director
1$0$0
STEPHEN HOWARDDIRECTOR
Trustee or director
1$0$0
GRAHAM JONESDIRECTOR
Trustee or director
1$0$0
ART HUBBARDDIRECTOR
Trustee or director
1$0$0
EMILY PAYTONDIRECTOR
Trustee or director
1$0$0
TIM SELLDIRECTOR
Trustee or director
1$0$0
NICK KEITZDIRECTOR
Trustee or director
1$0$0
CHRIS MULBERRYDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensationOther / benefits
TODD JOHNSONEXECUTIVE DIRECTOR
Officer
40$175,929$8,222
DREW BRESTERIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
5$0$0
JOE PALUMBOPRESIDENT
Trustee or director, Officer
5$0$0
BRENT ANDERSONPRESIDENT ELECT/ GA
Trustee or director, Officer
5$0$0
STEPHEN HOWARDREGIONAL LIAISON
Trustee or director
1$0$0
CHRISTY HELTONMEMBERSHIP COMMITTEE
Trustee or director
1$0$0
GRAHAM JONESEVENTS/ REVENUE GROWTH
Trustee or director
1$0$0
CHIP FOLEYGTOWN
Trustee or director
1$0$0
KEVIN KERWINVP FINANCE/ GOV AFFAIRS CHAIR
Trustee or director
1$0$0
JOHN ATCHISONLIFE DIRECTOR
Trustee or director
0$0$0
RAY BALLLIFE DIRECTOR
Trustee or director
0$0$0
MAC CRAWFORDLIFE DIRECTOR
Trustee or director
0$0$0
BILL HODGESLIFE DIRECTOR
Trustee or director
0$0$0
TOM KELLEYLIFE DIRECTOR
Trustee or director
0$0$0
DAVID THORNTONLIFE DIRECTOR
Trustee or director
0$0$0
SHIRLEY WISEMANLIFE DIRECTOR
Trustee or director
0$0$0
EMILY PAYTONMEMBERSHIP COMMITTEE
Trustee or director
1$0$0
CRYSTAL GEISBOARD MEMBER
Trustee or director
1$0$0
SCOTT STOVERBUILDING INSTITUTE
Trustee or director
1$0$0
MIKE CRAVENSLIFE DIRECTOR
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
3146 CUSTER DR, LEXINGTON, KY 40517-4000
Principal officer (990 for 2024)
TODD JOHNSON, 3146 CUSTER DRIVE, LEXINGTON, KY 40517
Signed the 990
TODD JOHNSON, EXECUTIVE DIRECTOR
Phone
(859) 273-5117
Return prepared by
BESTEN & DIERUF PLLC

Mission

TO PROMOTE, IN ALL RESPECTS, THE HOME BUILDING INDUSTRY IN CENTRAL KENTUCKY.

990 for the year ended December 31, 2024

Program accomplishments

  • BUILDER CO, LLC - A WHOLLY-OWNED SUBSIDIARY ESTABLISHED FOR THE PURPOSE OF CONSTRUCTING HOMES TO PROMOTE THE MISSION OF THE HOME BUILDERS ASSOCIATION AND TO ASSIST WITH BUILDING, REMODELING & IMPROVEMENT PROJECTS.
    Expenses $78,684 · revenue $91,527
  • BUILDING INSTITUTE OF CENTRAL KENTUCKY - EDUCATION FOR THOSE WHO WISH TO EXCEL IN THE SKILLED TRADES RELATED TO THE RESIDENTIAL AND COMMERCIAL CONSTRUCTION INDUSTRY.
    Expenses $726,974 · revenue $647,214
  • MEETINGS AND CONVENTIONS - HELD TO HELP FURTHER THE PROFESSIONAL DEVELOPMENT OF MEMBERS.
    Expenses $185,849 · revenue $362,942

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
61-0488040
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1968
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,450,963
Income (IRS master file)
$1,825,751

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,825,751$1,717,365$3,450,963XML
990December 2023$1,588,638$1,344,572$2,371,861XML
990December 2022$1,482,248$1,273,096$1,721,394IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 61-0488040).

Questions about HOME BUILDERS ASSOCIATION OF LEXINGTON

What is the EIN of HOME BUILDERS ASSOCIATION OF LEXINGTON?
The employer identification number (EIN) of HOME BUILDERS ASSOCIATION OF LEXINGTON is 61-0488040.
Is HOME BUILDERS ASSOCIATION OF LEXINGTON tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1968.
Are donations to HOME BUILDERS ASSOCIATION OF LEXINGTON tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HOME BUILDERS ASSOCIATION OF LEXINGTON 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 LEXINGTON 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 LEXINGTON 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 LEXINGTON?
The 990 for the year ended December 31, 2024 names TODD JOHNSON.
Who are the officers and directors of HOME BUILDERS ASSOCIATION OF LEXINGTON?
The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $171,007 (TODD JOHNSON, EXECUTIVE DIRECTOR).
How much revenue does HOME BUILDERS ASSOCIATION OF LEXINGTON have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,825,751, expenses of $1,717,365 and total assets of $3,450,963 at year end.

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