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Home Builders Association Of Mississippi

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

EIN: 640536221 ✦ Ridgeland, MS ✦ Designated as a 501(c)(6)

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Overview

What is Home Builders Association Of Mississippi?

The Home Builders Association of Mississippi (HBAM) is a vital nonprofit organization situated in Mississippi, specifically in Ridgeland. With a dedicated team of four individuals, HBAM plays a significant role in promoting, advancing, and protecting the housing industry within the state. As a trade organization, HBAM assists home builders by offering resources, advocacy, and education. Their mission is to contribute positively to Mississippi's housing industry, ensuring its growth and development. By providing membership benefits and resources, HBAM aims to enhance the expertise and savings of its members, thereby fostering a thriving housing sector throughout the state.


Official website here: www.hbam.com

Is Home Builders Association Of Mississippi legitimate?

Home Builders Association Of Mississippi is a legitimate nonprofit organization registered as a 501(c)(6) entity. Home Builders Association Of Mississippi 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $165,511

For more financial information, click here


Official website here: www.hbam.com

What is the mission statement of Home Builders Association Of Mississippi?

The Home Builders Association of Mississippi (HBAM) serves as a trade organization, supporting home builders in the state. Its primary mission is to enhance Mississippi by promoting, advancing, and protecting the housing industry. HBAM, affiliated with local and national home builder associations, achieves this goal through advocacy, savings, knowledge, and expertise. The association offers various membership benefits and resources to further the housing industry across the state. By doing so, HBAM aims to contribute positively to the housing sector and improve living conditions in Mississippi.


Official website here: www.hbam.com

Who is the CEO of Home Builders Association Of Mississippi?

Miles P Nelson is the Executive Vp of Home Builders Association Of Mississippi.


Official website here: www.hbam.com

What is the revenue of Home Builders Association Of Mississippi?

Home Builders Association Of Mississippi's revenue in 2022 was $537,071.


Official website here: www.hbam.com

Who are the executives of Home Builders Association Of Mississippi and what are their salaries?

The average compensation at Home Builders Association Of Mississippi during 2022 was $41,378. There are 4 employees at Home Builders Association Of Mississippi.


Here are 5 key members and their salaries:


Miles P Nelson (Executive Vp)
  • Compensation: $100,000
  • Related: $0
  • Other: $0
Brad Baggett (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Hamlett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Migues (Associates V)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Sandberg (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hbam.com

Where can I find the form 990 for Home Builders Association Of Mississippi?

Home Builders Association Of Mississippi's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hbam.com

Learn more at the official website: www.hbam.com

Mission Statement of Home Builders Association Of Mississippi

The Home Builders Association of Mississippi (HBAM) serves as a trade organization, playing a crucial role in supporting home builders within the state. Their mission is centered around promoting, advancing, and protecting the housing industry. By doing so, HBAM aims to contribute to the betterment of Mississippi as a whole. The association is affiliated with local Home Builder Associations and the National Home Builders Association of Home Builders. Through advocacy, savings, knowledge, and expertise, HBAM provides membership benefits and resources to further the housing industry across Mississippi. These benefits help home builders thrive, ultimately contributing to a stronger and more vibrant housing sector in the state.

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Impact




October, 2024

The Home Builders Association of Mississippi significantly impacts the housing industry and the broader community by promoting, advancing, and protecting housing-related interests in the state. By advocating for policies that benefit home builders, they help create a more favorable environment for construction and development, which can lead to better housing availability and quality.

Through education and resources, they empower members with the knowledge and expertise needed to navigate challenges in the industry. This not only enhances the skills of builders but also elevates the overall standards of construction within Mississippi. The association's collaboration with local home builder associations and the National Home Builders Association strengthens its influence and provides members with access to a wealth of benefits and savings.

Moreover, their efforts contribute to community improvement by ensuring that housing development aligns with the best practices, considering factors such as sustainability and quality of life for residents. In essence, the Home Builders Association of Mississippi plays a crucial role in fostering a robust housing industry that supports economic growth and enhances community well-being.




This information is meant to be a general summary of Home Builders Association Of Mississippi. 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
$537,071 (2022)
Expenses
$536,028 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $134,644
  • Program Service Revenue: $84,726
  • Gross Receipts: $1,466,762

Assets and Liabilities:

  • Total Assets: $2,775,545
  • Total Liabilities: $13,968
  • Net Assets: $2,761,577

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STATE CONVENTION INCOME

Revenue

$84,726

Organization Details

Founding Year

1961

Principal Officer

Miles P Nelson

Main Address

P O BOX 3373, RIDGELAND, MS, 39158

NTEE Category

Code: S41Z - Community improvement

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