Heart of the North Builders Association Inc

The Heart of the North Builders Association Inc is a 501(c)(6) organization classified as a business league. It operates primarily in the housing and shelter sectors, focusing on professional societies and associations. This designation means that donations to the organization are not tax-deductible.

Purpose and Activities

The association serves as a platform for professionals involved in residential and light commercial construction in Barron and Rusk Counties, Wisconsin. It hosts monthly membership meetings and publishes newsletters to foster community engagement and information dissemination among its members. Additionally, the organization conducts educational seminars aimed at enhancing member skills and knowledge in the construction industry.

Financial Overview

As a 501(c)(6) organization, the Heart of the North Builders Association derives its revenue primarily from program services and fundraising events. Over recent years, the organization has reported negligible contributions, zero investment income, and no significant sales of assets or inventory. The primary financial activities involve maintaining the organization's operational expenses through its program services.

Governance and Structure

The association is governed by a board that includes positions such as President Elect and Secretary/Treasurer. These roles are often held by local construction professionals who guide the organization's strategic direction.

Assets and Liabilities

As of recent financial reports, the organization maintains total assets in the range of tens of thousands of dollars, with liabilities amounting to only a few hundred dollars, indicating a stable financial position with minimal debt obligations.

Overall, the Heart of the North Builders Association plays a crucial role in supporting the regional construction industry by promoting collaboration, education, and professional development among its members.