Permian Basin Builders Association FY2024 filing

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Association to provide support of and education to the Permian Basin homebuilding and residential remodeling industry.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $36K a year · 20% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
5 mo
of spending, in cash
Looks good: 5.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$171K
38% of total assets
Looks good: liabilities are 38% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$226K
+11% vs prior year
Spent
$179K
To programs
0%
Net assets
$277K
By yearFY2020–FY2025
Revenue
$226K
FY2024▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$155K
FY2021$126K
FY2022$100K
FY2023$203K
FY2024$226K
FY2025$185K
Expenses
$179K
FY2024▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$92K
FY2021$66K
FY2022Not on file
FY2023$170K
FY2024$179K
FY2025$207K
Net assets
$277K
FY2024▲ +20%
Tap a bar for its year
Net assets by fiscal year
FY2020$172K
FY2021$228K
FY2022$199K
FY2023$232K
FY2024$277K
FY2025$250K

From the FY2024 Form 990 · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1999.

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

Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Second Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Immediate Past President
$0Pt VII · Sec A
Director - Pwb President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Permian Basin Builders Association executive salaries →

On this list? Claim this org

Something off? Claim to add context

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 15aYes

Programs and updates

Supports and educates the Permian Basin homebuilding and remodeling industry.

Questions for Permian Basin Builders Association

Tap to ask. Permian Basin Builders Association sees how many people are interested.

Your first name shows with your question. Permian Basin Builders Association answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · in their own filed words · FY2024
01

Membership Relations performed through awards recognition, communication of topics important to the industry, and education programs.

Pt IX · col B
02

Parade of Homes

Pt IX · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$226K
Ln 12
Fees for servicesLn 2g$211K
Other incomeLn 4–11$15K
Money outPt IX
$179K
Ln 25
Owns and owesPt X
$277K
net assets · Ln 32
Cash and savingsLn 1–2$77K
Total assetsLn 16$449K
LiabilitiesLn 26$171K
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$211K
Other incomeLn 4–11$15K
Total revenueLn 12$226K
Assets in detailPt X, end of year
CashLn 1$77K
Cash and savings togetherLn 1–2$77K
Land, buildings, equipmentLn 10c$331K
Other assetsLn 15$800
Total assetsLn 16$449K
LiabilitiesLn 26$171K
Net assetsLn 32$277K
OperationsPt I, VI
EmployeesI 51
VolunteersI 675
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$58K$77K
Land, buildings, equipmentLn 10c$340K$331K
Total assetsLn 16$426K$449K
LiabilitiesLn 26$195K$171K
Net assetsLn 32$232K$277K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$824$0$0$0
Other fees for servicesLn 11g$31K$0$0$0
Advertising and promotionLn 12$101$0$0$0
Office expensesLn 13$11K$0$0$0
Information technologyLn 14$7K$0$0$0
OccupancyLn 16$21K$0$0$0
TravelLn 17$3K$0$0$0
Conferences, conventions and meetingsLn 19$61K$0$0$0
InterestLn 20$72$0$0$0
Payments to affiliatesLn 21$26K$0$0$0
Depreciation, depletion and amortizationLn 22$9K$0$0$0
Other expenses (24a–d)Ln 24$8K$0$0$0
Total functional expensesLn 25$179K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $185K$207K−$22K$250K 990 PDF
FY2024 Viewing $226K$179K$46K$277K 990 PDF
FY2023 $203K$170K$33K$232K 990 PDF
FY2022 $100K$199K 990 PDF
FY2021 $126K$66K$60K$228K 990 PDF
FY2020 $155K$92K$63K$172K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $225,530 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $191,371$210,706
I-10 Investment income$0
I-11 Other revenuePrior year $11,579$14,824
I-12 Total revenuePrior year $202,950$225,530
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $170,097$179,488
I-18 Total expensesPrior year $170,097$179,488
I-19 Revenue less expensesPrior year $32,853$46,042
Part VI · Governance 13 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $225,530 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $49,450 · Excluded from tax $0$210,706
VIII-6 Net rental income or lossRelated to mission $9,440 · Unrelated business $5,384$14,824
VIII-12 Total revenueRelated to mission $170,696 · Unrelated business $54,834 · Excluded from tax $0$225,530
Part IX · Statement of functional expenses $179,488 across 12 lines filed
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$824
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$30,899
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$101
IX-13 Office expensesPrograms $0 · Management $0 · Fundraising $0$11,455
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$7,398
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$21,087
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$3,260
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$61,133
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$72
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$26,226
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$9,329
IX-24 Other expenses (24a–d)Programs $0 · Management $0 · Fundraising $0$7,704
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$179,488
Part X · Balance sheet $448,511 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $57,594$76,817
X-4 Accounts receivableStart of year $28,055$39,807
X-10c Land, buildings and equipment, netStart of year $340,415$331,087
X-15 Other assetsStart of year $250$800
X-16 Total assetsStart of year $426,314$448,511
X-17 Accounts payable and accrued expensesStart of year $2,003$1,858
X-24 Unsecured notes and loans payableStart of year $9,927$2,935
X-25 Other liabilitiesStart of year $2,100$2,100
X-26 Total liabilitiesStart of year $194,737$171,077
X-27 Net assets without donor restrictionsStart of year $231,577$277,434
X-32 Total net assets or fund balancesStart of year $231,577$277,434
X-33 Total liabilities and net assetsStart of year $426,314$448,511
Part XI · Reconciliation of net assets $277,434 net assets at year end
XI-1 Total revenue$225,530
XI-2 Total expenses$179,488
XI-3 Revenue less expenses$46,042
XI-4 Net assets at start of year$231,577
XI-8 Prior period adjustments−$185
XI-10 Net assets at end of year$277,434

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.