Monument Builders Of North America Inc
- Assets
- $734.0k
- Revenue
- $458.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 07/1978
- Data as of
- 06/2021
- EIN
- 36-1464640
Organization Overview
Monument Builders Of North America Inc is located in Rockville, MD. The organization was established in 1978. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monument Builders Of North America 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 06/2021, Monument Builders Of North America Inc generated $458.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $399.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.8%) per year over the past 6 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
TO DEFINE AND PROMOTE PERMANENT MEMORIALIZATION IN A VIABLE, INNOVATIVE AND DIVERSIFIED WAY FOR THE MEMBERSHIP AND TO ENHANCE THE AWARENESS OF PERMANENT MEMORIALIZATION BY THE GENERAL PUBLIC AND THE REMEMBRANCE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONVENTIONS AND MEETINGS - MBNA HOLDS AN INDUSTRY SHOW CONVENTION ON ODD YEARS AND HOLDS AN EDUCATION FOCUSED CONFERENCE ON EVEN YEARS. THE ORGANIZATION ALSO HOLDS OTHER MEETINGS AND PARTICIPATES IN REGIONAL MEETINGS WITH OTHER ORGANIZATIONS ON A REGULAR BASIS. MEMBERS HAVE THE OPPORTUNITY TO LEARN AND NETWORK AND THE INDUSTRY IS PROMOTED AND DISCUSSED.
CERTIFICATION PROGRAM - OPEN TO ALL MEMORIALISTS WHO MEET THE REQUIREMENTS. PROGRAM FOSTERS EDUCATION AND PROFESSIONAL STANDARDS OF THE INDUSTRY.
MEMBER BENEFITS - INCLUDES CONSUMER EDUCATION, ADVOCACY, AND RESPONSE, AS WELL AS THE MEMORIAL PROTECTION PLAN - ADVOCATES FOR MEMBERS FACING NEEDS IN THEIR BUSINESS WITH THE INDUSTRY. ALSO PROMOTES AWARENESS OF THE INDUSTRY TO CONSUMERS AND ENCOURAGES INTERACTION WITH CONSUMERS AND MEMBERS.
PUBLICATIONS - MONTHLY MAGAZINE AVAILABLE TO ALL MEMBERS AND AVAILABLE FOR PURCHASE BY NON-MEMBERS, MONTHLY NEWSLETTER TO MEMBERS, AND ANNUAL DIRECTORY PROVIDED TO MEMBERS ONLY. MEMBERSHIP AND INDUSTRY AWARENESS PROMOTES MEMBERSHIP AND PROMOTES THE AWARENESS OF THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Drontle Treasurer | OfficerTrustee | 3 | $0 |
Jonathan Modlich Cm President Elect | OfficerTrustee | 3 | $0 |
Ken Reeson Aica Immediate Past President | OfficerTrustee | 3 | $0 |
Mark Gherardi President, Manu/wholesaler | OfficerTrustee | 3 | $0 |
Gerard Mascola President, Suppliers/bronz | OfficerTrustee | 3 | $0 |
Katie Gast-Crook Cm Aica Vice President | OfficerTrustee | 3 | $0 |
Financial Statements
| 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 | $457,846 |
| Investment income | $386 |
| 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 | $458,232 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $193,964 |
| Fees for services: Legal | $3,950 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $615 |
| Office expenses | $8,141 |
| Information technology | $2,702 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $78,760 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,506 |
| All other expenses | $0 |
| Total functional expenses | $399,903 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,791 |
| Savings and temporary cash investments | $583,083 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,253 |
| 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 | $26,864 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $733,991 |
| Accounts payable and accrued expenses | $7,143 |
| Grants payable | $0 |
| Deferred revenue | $3,380 |
| 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 | $23,336 |
| Total liabilities | $33,859 |
| Net assets without donor restrictions | $700,132 |
| 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 | $733,991 |
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