Home Builders Association of Fayetteville
2018 Annual Report
Jay Johnson, 2018 President Remarks
I was honored to serve as the 55
President of the Home Builders Association of Fayetteville. I am appreciative to the board of directors and committee members who made this year a financial success. Building and selling the Idea House was our largest project. This collaborative event brings our members, our vendors and our community together to promote new home sales. The current board of directors will make decisions on how to best use the proceeds to further member services. We are in our second year with FTCC to endow a scholarship in the Construction Management Program. I encourage you to get involved at the HBAF. Your involvement will help your business grow and you will make some friends along the way. All the best to you in the New Year.
Operating Gross Profit: $643,280
Operating Expenses: $523, 119
Operating Net Income:$ 120,162
Total Members: 378
New Members: 48
Retention Rate: 86%
HBAF hosted 8 Member Mixers and 5 Thumbs up Thursday’s to give members an opportunity to socialize and hear speakers discuss the housing industry. In addition, we held a Cornhole Tournament, Golf Tournament, Casino Night and built an Idea House. All of these events allow a variety of members to join together to promote our industry, give back to our community and to have some fun!
The following organizations received financial contributions from the HBAF: Boy Scouts of America, Fayetteville Animal Protection Society and FTCC Construction Management Program.