Central Minnesota Builders Association is located in St Cloud, MN. The organization was established in 1980. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Central Minnesota Builders Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Minnesota Builders Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Central Minnesota Builders Association generated $248.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $263.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CMBA STRIVES TO IMPROVE THE CENTRAL MINNESOTA BUILING INDUSTRY BY ADVOCATING FOR THE INDUSTRY AT THE LOCAL, STATE AND NATIONAL LEVELS; EDUCATING OUR MEMBERS ABOUT BUILDING INDUSTRY BEST PRACTICES; AND ENGAGING OUR MEMBERS IN ACTIVITIES THAT STRENGTHEN COMPETITIVENESS, PROFESSIONALISM, AND THE PUBLIC'S CONFIDENCE IN OUR INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jack Brandes 2nd Vice Pre | Officer | $0 | |
Marty Czech Associate VP | Officer | $0 | |
Jeremy Salzburn 1st Vice Pre | Officer | $0 | |
Nate Moeller President | Officer | $0 | |
Tony Steinemann Past Presid | Officer | $0 | |
Stuart Swenson Secretary | Officer | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $236,876 |
Investment income | $50,665 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $248,184 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $159,392 |
Pension plan accruals and contributions | $2,250 |
Other employee benefits | $687 |
Payroll taxes | $9,088 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,518 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $37,200 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $23,074 |
Total functional expenses | $263,614 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $72,820 |
Savings and temporary cash investments | $716,708 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $10,481 |
Net Land, buildings, and equipment | $33,699 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $833,708 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $37,536 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2 |
Total liabilities | $37,538 |
Net assets without donor restrictions | $752,771 |
Net assets with donor restrictions | $43,399 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $833,708 |
Over the last fiscal year, we have identified 1 grants that Central Minnesota Builders Association has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Initiative Foundation Little Falls, MN PURPOSE: SMALL BUSINESS RELIEF GRANT (DEED) | $10,000 |