Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1998.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
27 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
13 people listed on the 990; $104K paid to officers and key staff.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Sheri Alba | $104,433 | $101,005 | — | — | — | — |
| Sheri Alba | — | — | $96,005 | $93,887 | $83,500 | $80,644 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Promotes the business interests of the local construction industry.
This section is blank until Laredo Builder's Association INC claims this page.
Know this organization? Claim it to add your story
Parade of Homes is an event that is held to help display home builders work to the residents of the city
The annual Golf Tournament was held in 2025 to raise funds for the organization to advocate for the builders industry and promote for them.
Bowling tournament to raise funds for the organization to build relations with builders, realtors, and the general public.
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By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $435K | $454K |
| Land, buildings, equipmentLn 10c | $52K | $49K |
| Total assetsLn 16 | $495K | $524K |
| LiabilitiesLn 26 | $20K | $20K |
| Net assetsLn 32 | $475K | $504K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $104K | $0 | $104K | $0 |
| Other employee benefitsLn 9 | $3K | $0 | $3K | $0 |
| Payroll taxesLn 10 | $12K | $0 | $12K | $0 |
| Office expensesLn 13 | $9K | $0 | $9K | $0 |
| Conferences, conventions and meetingsLn 19 | $2K | $0 | $2K | $0 |
| Depreciation, depletion and amortizationLn 22 | $3K | $0 | $0 | $0 |
| InsuranceLn 23 | $3K | $0 | $3K | $0 |
| Other expenses (24a–d)Ln 24 | $9K | $0 | $9K | $0 |
| All other expensesLn 24e | $177K | $89K | $81K | $8K |
| Total functional expensesLn 25 | $322K | $89K | $222K | $8K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $351K | $322K | $29K | $504K | 990 PDF |
| FY2024 | $305K | $295K | $9K | $475K | 990 PDF |
| FY2023 | $314K | $278K | $37K | $466K | 990 PDF |
| FY2022 | $535K | $315K | $220K | $430K | 990 PDF |
| FY2021 | $206K | $252K | −$46K | $209K | 990 PDF |
| FY2020 | $143K | $184K | −$42K | $259K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $350,816 across 7 lines filed
Part IX · Statement of functional expenses $322,270 across 9 lines filed
Part X · Balance sheet $523,701 assets, 10 lines filed
Part XI · Reconciliation of net assets $504,000 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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