WHAT IS THE TENNESSEE HOUSING ASSOCIATION?
The Tennessee Housing Association is a unique entity because it exists solely to provide a service – not to make money for individuals.
This organization was founded in 1955. Our mission statement is “TO PROMOTE AND PROTECT THE INDUSTRY AND ITS MEMBERS”.
The Tennessee Housing Association is a 501(c)6 trade organization under the Internal Revenue Code. A 501(c)6 organization is exempt from paying income taxes. In order to maintain this tax exemption, we must abide by very stringent IRS guidelines, much different than in your business. Sometimes, it doesn’t always make sense and we encounter a lot of things which we discover we can’t spend our money on. Simply put – everything we spend money on must benefit the entire membership, not a small portion of it… or any one individual.
The Tennessee Housing Association IS NOT EXEMPT from paying sales tax.
WHAT DOES THA DO? – In short, THA offers leadership, legislative action, industry unity, programs, promotions, business contacts, continuing education and the most up-to-date industry information available.
GENERAL – THA’s primary source of income is from membership dues. Each segment of the industry pays annual dues, with the exception of the manufacturers. Manufacturers pay annual dues plus monthly dues of $100 per floor, based on the number of homes shipped from their facility (both in and out-of-state manufacturers) to Tennessee retailers.
THA currently has members in various disciplines. They are as follows:
- Communities and sub-location communities
- Government or Other Agency
- Installer Transporters
- Manufacturers of Manufactured or Modular Homes
- Retailers and sub-location centers
- Utility Industry
Consider joining the Association today!