Builders Association Of Greater Indianapolis Inc is located in Indianapolis, IN. The organization was established in 1946. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Builders Association Of Greater Indianapolis Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Builders Association Of Greater Indianapolis Inc 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 06/2022, Builders Association Of Greater Indianapolis Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $2.8m during the year ending 06/2022. While expenses have increased by 10.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF THE BUILDING TRADE AND HOME CONSTRUCTION INDUSTRY IN THE INDIANAPOLIS AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE RESIDENTIAL CONSTRUCTION INDUSTRY AND BUILDING TRADES IN INDIANAPOLIS AND THE SURROUNDING AREAS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Lains Chief Executive Officer | Officer | 40 | $182,048 |
Rosemary Manifold Chief Financial Officer | Officer | 40 | $95,523 |
Cameron Knox 1st Vice President | OfficerTrustee | 1 | $0 |
Andrew Brindley President | OfficerTrustee | 1 | $0 |
Geoff Horen Treasurer | OfficerTrustee | 1 | $0 |
Kevin Means Secretary | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $311,267 |
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 | $311,267 |
Total Program Service Revenue | $1,016,939 |
Investment income | $22,221 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$12,310 |
Net Income from Fundraising Events | $166,280 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,790,757 |
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. | $296,061 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $281,509 |
Pension plan accruals and contributions | $30,961 |
Other employee benefits | $41,748 |
Payroll taxes | $40,848 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $30,800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $40,340 |
Office expenses | $9,704 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $60,911 |
Travel | $1,000 |
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 | $10,476 |
Insurance | $8,417 |
All other expenses | $184,474 |
Total functional expenses | $2,780,980 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $780,330 |
Savings and temporary cash investments | $25,113 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $253,669 |
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 | $10,635 |
Net Land, buildings, and equipment | $32,068 |
Investments—publicly traded securities | $1,501,803 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $8,052 |
Total assets | $2,611,670 |
Accounts payable and accrued expenses | $589,397 |
Grants payable | $0 |
Deferred revenue | $463,106 |
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 | $128,466 |
Total liabilities | $1,180,969 |
Net assets without donor restrictions | $1,430,701 |
Net assets with donor restrictions | $0 |
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 | $2,611,670 |
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