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
41 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
14 people listed on the 990; $94K paid to officers and key staff.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Sheri Alba | $104,433 | $101,005 | $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.
Questions for Laredo Builder's Association INC
Your first name shows with your question. Laredo Builder's Association INC answers here, for everyone.
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The cornerstone banquet and awards honors an individual or individuals that have had a positive impact on the building industry in laredo.
A parade of homes was held in 2022. This activity gives laredoans an opportunity to see many styles and prices of homes.
Laredo builders association home fundraiser event was started in 2021 and was completed in 2022. It involves the construction of a home which was sold.
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $157K | $381K |
| Land, buildings, equipmentLn 10c | $62K | $59K |
| Total assetsLn 16 | $219K | $440K |
| LiabilitiesLn 26 | $10K | $10K |
| Net assetsLn 32 | $209K | $430K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $94K | $0 | $94K | $0 |
| Pension plan contributionsLn 8 | $2K | $0 | $2K | $0 |
| Payroll taxesLn 10 | $7K | $0 | $7K | $0 |
| Office expensesLn 13 | $6K | $0 | $6K | $0 |
| Information technologyLn 14 | $2K | $0 | $2K | $0 |
| TravelLn 17 | $894 | $0 | $894 | $0 |
| Conferences, conventions and meetingsLn 19 | $1K | $0 | $1K | $0 |
| Depreciation, depletion and amortizationLn 22 | $3K | $0 | $3K | $0 |
| InsuranceLn 23 | $735 | $0 | $735 | $0 |
| Other expenses (24a–d)Ln 24 | $9K | $0 | $9K | $0 |
| All other expensesLn 24e | $189K | $130K | $59K | $0 |
| Total functional expensesLn 25 | $315K | $130K | $184K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $351K | $322K | $29K | $504K | 990 PDF |
| FY2024 | $305K | $295K | $9K | $475K | 990 PDF |
| FY2023 | $314K | $278K | $37K | $466K | 990 PDF |
| FY2022 Viewing | $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 FY2022 990 (6 parts)
Part I · Summary $534,882 revenue, 12 lines filed
Part VI · Governance 12 of 12 board members independent, 5 to look at
Part VIII · Statement of revenue $534,882 across 8 lines filed
Part IX · Statement of functional expenses $314,553 across 11 lines filed
Part X · Balance sheet $440,093 assets, 11 lines filed
Part XI · Reconciliation of net assets $429,705 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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