Central Susquehanna Builders Assoc FY2021 filing

IRS exemption revoked

Danville, PAUnknown exempt organization EIN 23-2201060Revenue $39K in FY2021Latest return filed Aug 2, 2023

On file with the IRSDanville, PA

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Association for a five county area that promotes and maintains professional standards of its members and to educate its members and the general public concerning home building and its allied trades. Home show is held annually to aid in this purpose.

Mission: Form 990 Part I, line 1

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $22K a year · 43% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
1 mo
of spending, in cash
Plus $125K in investments, Pt X · Ln 11–13
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$111K
40% of total assets
Looks good: liabilities are 40% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$39K
+230% vs prior year
Spent
$105K
To programs
0%
Net assets
$166K
By yearFY2020–FY2022
Revenue
$39K
FY2021▲ +230%
Tap a bar for its year
Revenue by fiscal year
FY2020$12K
FY2021$39K
FY2022$100K
Expenses
$105K
FY2021▲ +440%
Tap a bar for its year
Expenses by fiscal year
FY2020$19K
FY2021$105K
FY2022$92K
Net assets
$166K
FY2021▼ -15%
Tap a bar for its year
Net assets by fiscal year
FY2020$196K
FY2021$166K
FY2022$153K

From the FY2021 Form 990 (year ending September 2021) · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on August 15, 2010
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Central Susquehanna Builders Assoc executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes professional home building standards and educates members and the public through an annual home show.

Questions for Central Susquehanna Builders Assoc

Tap to ask. Central Susquehanna Builders Assoc sees how many people are interested.

Your first name shows with your question. Central Susquehanna Builders Assoc answers here, for everyone.

1 program · in their own filed words · FY2020
01

Association for a five county area that promotes and maintains professional standards of its members and to educate its members and the general public concerning home building and its allied trades. Home show is held annually to aid in this purpose.

Pt IX · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$39K
Ln 12
Gifts and grantsLn 1h$36K
Fees for servicesLn 2g$2K
Other incomeLn 4–11$1K
Money outPt IX
$105K
Ln 25
Owns and owesPt X
$166K
net assets · Ln 32
Cash and savingsLn 1–2$9K
Total assetsLn 16$277K
LiabilitiesLn 26$111K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$36K
Fees for servicesLn 2g$2K
Investment incomeLn 3$15
Other incomeLn 4–11$1K
Total revenueLn 12$39K
Assets in detailPt X, end of year
CashLn 1$9K
SavingsLn 2$5
Cash and savings togetherLn 1–2$9K
Accounts receivableLn 4−$841
Land, buildings, equipmentLn 10c$144K
InvestmentsLn 11–13$125K
Total assetsLn 16$277K
LiabilitiesLn 26$111K
Net assetsLn 32$166K
OperationsPt I, VI
EmployeesI 51
VolunteersI 651
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$14K$9K
InvestmentsLn 11–13$148K$125K
Land, buildings, equipmentLn 10c$148K$144K
Total assetsLn 16$309K$277K
LiabilitiesLn 26$113K$111K
Net assetsLn 32$196K$166K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$4K
Payroll taxesLn 10$532
Management feesLn 11a$2K
Legal feesLn 11b$6K
Accounting feesLn 11c$4K
Investment management feesLn 11f$2K
Office expensesLn 13$2K
Information technologyLn 14$4K
OccupancyLn 16$3K
InterestLn 20$4K
Payments to affiliatesLn 21$27K
Depreciation, depletion and amortizationLn 22$2K
InsuranceLn 23$8K
Other expenses (24a–d)Ln 24$38K
All other expensesLn 24e$132
Total functional expensesLn 25$105K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 LatestFiled with the IRS Aug 2, 2023 $100K$92K$8K$153K 990 PDF
FY2021 ViewingFiled with the IRS Aug 11, 2022 $39K$105K−$66K$166K 990 PDF
FY2020Filed with the IRS Apr 14, 2021 $12K$19K−$8K$196K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $39,329 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,120$35,864
I-9 Program service revenuePrior year $654$2,015
I-10 Investment incomePrior year $3,936$15
I-11 Other revenuePrior year $3,191$1,435
I-12 Total revenuePrior year $11,901$39,329
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$4,213
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $19,434$100,642
I-18 Total expensesPrior year $19,434$104,855
I-19 Revenue less expensesPrior year −$7,533−$65,526
Part VI · Governance 10 of 10 board members independent, 4 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $39,329 across 6 lines filed
VIII-1b Membership dues$35,864
VIII-1h Total contributions, gifts and grants$35,864
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,015$2,015
VIII-3 Investment incomeRelated to mission $15$15
VIII-6 Net rental income or lossUnrelated business $1,435$1,435
VIII-12 Total revenueRelated to mission $2,030 · Unrelated business $1,435$39,329
Part IX · Statement of functional expenses $104,855 across 15 lines filed
IX-7 Other salaries and wages$3,681
IX-10 Payroll taxes$532
IX-11a Management fees$1,639
IX-11b Legal fees$5,681
IX-11c Accounting fees$4,196
IX-11f Investment management fees$2,024
IX-13 Office expenses$1,963
IX-14 Information technology$4,167
IX-16 Occupancy$3,206
IX-20 Interest$3,693
IX-21 Payments to affiliates$26,680
IX-22 Depreciation, depletion and amortization$1,973
IX-23 Insurance$7,765
IX-24 Other expenses (24a–d)$37,523
IX-24e All other expenses$132
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$104,855
Part X · Balance sheet $277,018 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $13,835$8,936
X-2 Savings and temporary cash investmentsStart of year $5$5
X-4 Accounts receivableStart of year −$841−$841
X-10c Land, buildings and equipment, netStart of year $147,547$143,782
X-11 Publicly traded securitiesStart of year $148,254$125,136
X-16 Total assetsStart of year $308,800$277,018
X-17 Accounts payable and accrued expensesStart of year $46$329
X-24 Unsecured notes and loans payableStart of year $112,567$110,262
X-26 Total liabilitiesStart of year $112,613$110,591
X-27 Net assets without donor restrictionsStart of year $196,187$166,427
X-32 Total net assets or fund balancesStart of year $196,187$166,427
X-33 Total liabilities and net assetsStart of year $308,800$277,018
Part XI · Reconciliation of net assets $166,427 net assets at year end
XI-1 Total revenue$39,329
XI-2 Total expenses$104,855
XI-3 Revenue less expenses−$65,526
XI-4 Net assets at start of year$196,187
XI-5 Net unrealized gains (losses) on investments$33,974
XI-9 Other changes in net assets$1,792
XI-10 Net assets at end of year$166,427

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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