Home & Building Association of Greater Grand Rapids
501(c)(6)
Only null% goes to programs Strong reserves
Home & Building Association of Greater Grand Rapids is a 501(c)(6) organization based in Grand Rapids, Michigan, registered in 1971, with $596,223 in FY2024 revenue. CharityIndex grades it B.
3959 Clay Ave Sw, Grand Rapids, MI, 49548 EIN 38-1625006 Since 1971
Revenue (FY2024)
$596K
▼ 8.5% vs prior year
Expenses (FY2024)
$516K
Net assets
$597K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Home & Building Association of Greater Grand Rapids— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating14 mo reserves · +13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Home & Building Association of Greater Grand Rapids: 14 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Home & Building Association of Greater Grand Rapids— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Home & Building Association of Greater Grand Rapids: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3959 Clay Ave Sw, Grand Rapids, MI, 49548
- City
- Grand Rapids
- State
- Michigan
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $864K (FY2013) to $596K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $118KNet assets $597K
Operating margin
13.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$714K
Total liabilities
$118K
Net assets
$597K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $596,223▼8.5% | $516,156▼4.7% | $596,576▲15.5% | $714,386▲6.9% | 990 |
| 2023 | $651,524▲22.2% | $541,511▲12.5% | $516,509▲27.1% | $668,011▲17.5% | 990 |
| 2022 | $533,242▼11.1% | $481,439▲3.7% | $406,496▲14.6% | $568,611▲15.8% | 990 |
| 2021 | $599,661 | $464,046▼14.0% | $354,693▲71.1% | $491,012▲50.9% | 990 |
| 2020 | $599,808▼24.2% | $539,838▼17.3% | $207,266▲40.7% | $325,364▲12.9% | 990 |
| 2019 | $791,778▼3.3% | $652,598▼28.3% | $147,296▲1715% | $288,292▼5.8% | 990 |
| 2018 | $818,948▼12.9% | $909,707▼13.8% | $8,116▼91.8% | $306,195▼20.5% | 990 |
| 2017 | $940,703▲1.5% | $1,055,407▼1.4% | $98,875▼53.7% | $385,336▲1.0% | 990 |
| 2016 | $927,151▲2.5% | $1,070,406▲26.7% | $213,579▼40.1% | $381,475▼30.3% | 990 |
| 2015 | $904,756▲1.9% | $845,078▲1.3% | $356,834▲20.1% | $547,406▲9.6% | 990 |
| 2014 | $888,285▲2.8% | $833,930▲2.7% | $297,156▲22.4% | $499,630▲5.7% | 990 |
| 2013 | $864,405 | $811,621 | $242,801 | $472,736 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Home & Building Association of Greater Grand Rapids a legitimate nonprofit?
- Yes. Home & Building Association of Greater Grand Rapids is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 38-1625006, based in Grand Rapids, Michigan.
- What is Home & Building Association of Greater Grand Rapids's EIN?
- Home & Building Association of Greater Grand Rapids's Employer Identification Number (EIN) is 38-1625006.
- How much revenue does Home & Building Association of Greater Grand Rapids report?
- Home & Building Association of Greater Grand Rapids reported $596,223 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Home & Building Association of Greater Grand Rapids have?
- CharityIndex grades Home & Building Association of Greater Grand Rapids B, based on financial health (reserves and operating margin).
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Data for Home & Building Association of Greater Grand Rapids (EIN 38-1625006) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.