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Nonprofit · EIN 64-0536221

HOME BUILDERS ASSOCIATION OF MS

Tax-exempt · RIDGELAND, MS 39157

Financials

$456K$707K2023$516K$484K2024
Revenue Expenses · by fiscal year end
Financials of HOME BUILDERS ASSOCIATION OF MS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$516,355$484,171$32,184$2,554,582$11,156$2,543,426
December 31, 2023990$456,469$706,804-$250,335$2,536,614$25,372$2,511,242
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$127,988
Membership dues
$127,988
Program service revenue
$104,690
Investment income
$126,395
Net rental income
$1,348
Net gain from sales of assets
$53,223
Other revenue
$157,282

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$64,000
Other salaries and wages
$90,721
Salaries, compensation and benefits (total)
$171,595
Professional fundraising fees
$0
Accounting fees
$6,790
Occupancy
$6,089
Travel
$47,291
Depreciation
$15,638
Program services (functional)
$397,382
Management and general (functional)
$86,789

Balance sheet and other

Total assets, start of year
$2,536,614
Total assets, end of year
$2,554,582
Total liabilities, end of year
$11,156
Net assets, end of year
$2,543,426
Land, buildings and equipment
$643,577
Publicly traded securities
$1,610,918
Net assets without donor restrictions
$2,543,426
Gross unrelated business income
$44,862
Gross receipts
$910,716
Employees
2
Volunteers
0
Year formed
1961
State of legal domicile
MS

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 / weekCompensation
SETH HOODEXECUTIVE VP
Officer
10$64,000
JIM MIHALIKSECRETARY/TREASURER
Trustee or director, Officer
2$0
BRAD BAGGETTPRESIDENT
Trustee or director, Officer
2$0
DEBORAH MIGUESASSOCIATE VICE PRESIDENT
Trustee or director, Officer
2$0
JOHN M RAINEYVICE PRESIDENT
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
MILES P NELSONEXECUTIVE VP
Officer
40$100,000
JON MICHAEL RAINEYSECRETARY/TREASURER
Trustee or director, Officer
2$0
CARL SANDBERGPRESIDENT
Trustee or director, Officer
2$0
DEBORAH MIGUESASSOCIATE VICE PRESIDENT
Trustee or director, Officer
2$0
BRAD BAGGETTVICE PRESIDENT
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
447 NORTHPARK DR, RIDGELAND, MS 39157-5109
Principal officer (990 for 2024)
SETH HOOD, 447 NORTHPARK DRIVE, RIDGELAND, MS 39157
Signed the 990
BRAD BAGGETT, PRESIDENT
Phone
(800) 898-4226
Return prepared by
LOTT FULLER & ASSOCIATES PLLC

Mission

THE HOME BUILDERS ASSOCIATION OF MISSISSIPPI (HBAM) IS A TRADE ORGANIZATION WHICH ASSISTS IN "BUILDING A BETTER MISSISSIPPI" BY PROMOTING, ADVANCING, AND PROTECTING THE HOUSING INDUSTRY. HBAM IS THE STATEWIDE ASSOCIATION AFFILIATED WITH THE LOCAL HOME BUILDER ASSOCIATIONS AND THE NATIONAL HOME ASSOCIATION OF HOME BUILDERS. THROUGH ADVOCACY, SAVINGS, KNOWLEDGE AND EXPERTISE, THESE ASSOCIATIONS PROVIDE MEMBERSHIP BENEFITS AND RESOURCES TO FURTHER THE HOUSING INDUSTRY THROUGHOUT THE STATE.

990 for the year ended December 31, 2024

Program accomplishments

  • PROMOTING, ADVANCING, AND PROTECTING THE HOUSING INDUSTRY THROUGH ADVOCACY AND EDUCATION FOR MEMBERS.
    Expenses $397,382 · revenue $389,960

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
64-0536221
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1975
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,554,582
Income (IRS master file)
$910,716

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$516,355$484,171$2,554,582XML
990December 2023$456,469$706,804$2,536,614XML
990December 2022$537,071$536,028$2,775,545IRS
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 64-0536221).

Questions about HOME BUILDERS ASSOCIATION OF MS

What is the EIN of HOME BUILDERS ASSOCIATION OF MS?
The employer identification number (EIN) of HOME BUILDERS ASSOCIATION OF MS is 64-0536221.
Is HOME BUILDERS ASSOCIATION OF MS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1975.
Are donations to HOME BUILDERS ASSOCIATION OF MS tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HOME BUILDERS ASSOCIATION OF MS 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 MS 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 MS 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 MS?
The 990 for the year ended December 31, 2024 names SETH HOOD.
Who are the officers and directors of HOME BUILDERS ASSOCIATION OF MS?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $64,000 (SETH HOOD, EXECUTIVE VP).
How much revenue does HOME BUILDERS ASSOCIATION OF MS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $516,355, expenses of $484,171 and total assets of $2,554,582 at year end.

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