Lake Norman Home Builders Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 561666020 ✦ Mooresville, NC ✦ Designated as a 501(c)(6)

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Overview

What is Lake Norman Home Builders Association Inc?

Lake Norman Home Builders Association Inc is a nonprofit organization committed to supporting the local home building sector. Their principal mission is to foster and promote the growth of area homebuilders, ensuring the success of the home building industry within their community. By providing resources and opportunities for collaboration, the association plays a crucial role in advancing the home building industry and contributing to the overall development of the area.

Is Lake Norman Home Builders Association Inc legitimate?

Lake Norman Home Builders Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lake Norman Home Builders Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $53,052
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lake Norman Home Builders Association Inc?

The Lake Norman Home Builders Association Inc's mission is primarily focused on supporting local home builders. They strive to aid in the development of the home building sector within their area. This support extends to various aspects of home building, ensuring the association is committed to assisting homebuilders in their endeavors. The association's mission can be summarized as an ongoing commitment to bolster the home building industry within its jurisdiction.

Who is the CEO of Lake Norman Home Builders Association Inc?

Sean Gallagher is the President of Lake Norman Home Builders Association Inc.

What is the revenue of Lake Norman Home Builders Association Inc?

Lake Norman Home Builders Association Inc's revenue in 2022 was $157,105.

Who are the executives of Lake Norman Home Builders Association Inc and what are their salaries?

The average compensation at Lake Norman Home Builders Association Inc during 2022 was $53,052. There is 1 employee at Lake Norman Home Builders Association Inc.


Here are 7 key members and their salaries:


Beth White (Exceutive Director)
  • Compensation: $53,052
  • Related: $0
  • Other: $0
Sean Gallagher (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Burger (Assoc Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Needham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Meritt (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alma Jacobs (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lkn Home Builders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lake Norman Home Builders Association Inc?

Lake Norman Home Builders Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lake Norman Home Builders Association Inc

Lake Norman Home Builders Association Inc is committed to supporting the local home builders in their area. The organization's mission is multifaceted, encompassing the support of home building activities and the professionals involved in this sector. By promoting home builders, Lake Norman Home Builders Association Inc aims to foster a thriving home building industry in the area. The association's mission is to assist and empower home builders, ensuring the success of both the industry and its members.

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Impact




October, 2024

Lake Norman Home Builders Association Inc plays a vital role in enhancing the home building landscape in Mooresville, NC. By supporting local home builders, the organization fosters a collaborative environment that benefits both builders and the community. Their efforts contribute to the growth and development of the housing market, ensuring that construction practices remain high-quality and sustainable.

The association's commitment to fostering relationships among builders helps address common challenges in the industry, such as regulatory compliance, access to resources, and best practices. By advocating for the interests of home builders, they help ensure that the housing market in the Lake Norman area remains vibrant and competitive.

Through various initiatives, Lake Norman Home Builders Association Inc promotes community improvement by ensuring that newly constructed homes align with the needs and preferences of residents. This not only enhances the aesthetic of the area but also contributes to the overall economic health of Mooresville and surrounding communities. Their impact resonates throughout the locality, supporting a thriving community built on strong foundations.




This information is meant to be a general summary of Lake Norman Home Builders Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$157,105 (2022)
Expenses
$155,794 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $191,045

Assets and Liabilities:

  • Total Assets: $129,514
  • Total Liabilities: $14,326
  • Net Assets: $115,188

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Organization Details

Founding Year

1991

Principal Officer

Sean Gallagher

Main Address

132 JOE KNOX AVE, Mooresville, NC, 28117

NTEE Category

Code: S41 - Community improvement

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