Home Building Association Of Richmond in Henrico, Virginia (VA)

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Home Building Association Of Richmond
Employer Identification Number (EIN)540472979
Name of OrganizationHome Building Association Of Richmond
Address400 N Ridge Rd, Henrico, VA 23229-7404
ActivitiesHousing for the aged (see also 153), Other housing activities, Other services or benefits to members or employees
SubsectionBusiness League
Ruling Date06/1952
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,667,872
Amount of Income$1,734,095
Form 990 Revenue Amount$711,217


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$997,536
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$529,202
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$74,547
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$190,695
Gross amount from sales of assets other than inventory (Securities / Other)$1,955,491 / $0
Less: cost or other basis and sales expenses (Securities / Other)$1,764,796 / $0
Gain or (loss) (Securities / Other)$190,695 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$203,092
Statement of Functional Expenses (for 2012)
Total functional expenses$719,480
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$114,204
Payroll taxes$17,539
Professional fundraising services$0
Other$587,737
Balance Sheet (for 2012)
Total assets$2,397,269
Total liabilities$142,529
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$142,529
Total net assets or fund balances$2,254,740
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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