Madison Area Builders Association
- Assets
- $2.2m
- Revenue
- $1.1m
- Investments
- $307.1k
- Employees
- 4
- Location
- Madison, WI
- Founding
- 04/1959
- Data as of
- 12/2023
- EIN
- 39-0768547
Organization Overview
Madison Area Builders Association is located in Madison, WI. The organization was established in 1959. 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 12/2023, Madison Area Builders Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison Area 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 12/2023, Madison Area Builders Association generated $1.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 1.2% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
A NON-PROFIT TRADE ORGANIZATION DEDICATED TO PROMOTING A POSITIVE BUSINESS ENVIRONMENT BY UNITING, SERVING, AND REPRESENTING ALL ASPECTS OF THE BUILDING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARADE OF HOMES - ANNUAL SPRING AND FALL SHOWS EXHIBITING THE LATEST IN NEW HOME DESIGN, CONSTRUCTION AND DECORATING. ALSO PROVIDES THE GENERAL PUBLIC AND MEMBERS WITH AN ORGANIZED OPPORTUNITY TO EXCHANGE INFORMATION REGARDING HOUSING NEEDS/AVAILABILITY.
MEMBERSHIP DEVELOPMENT - THE MADISON AREA BUILDERS ASSOCIATION IS A NON-PROFIT TRADE ORGANIZATION DEDICATED TO PROMOTING A POSITIVE BUSINESS ENVIRONMENT BY UNITING, SERVING, AND REPRESENTING ALL ASPECTS OF THE BUILDING INDUSTRY.THE ASSOCIATION'S SERVICES AND ACTIVITIES FOSTER THE PROFESSIONALISM OF ITS MEMBERS AND PROVIDE A FORUM FOR EDUCATION AND INFORMATION EXCHANGE FOR THE BENEFIT OF THE INDUSTRY AND THE COMMUNITIES ITS MEMBERS SERVE.THE ASSOCIATION MONITORS AND EXERTS INFLUENCE UPON ISSUES AND REGULATIONS AFFECTING THE HOUSING INDUSTRY, PARTICULARLY THOSE RELATED TO AVAILABILITY AND AFFORDABILITY. THE MADISON AREA BUILDERS ASSOCIATION IS AN AFFILIATE OF THE WISCONSIN BUILDERS ASSOCIATION AND THE NATIONAL ASSOCIATION OF HOME BUILDERS (NAHB).ASSOCIATION MEMBERSHIP CURRENTLY CONSISTS OF MORE THAN 400 MEMBERS; NEARLY 100 BUILDER MEMBERS AND OVER 300 ASSOCIATE MEMBERS. OUR MEMBERS ARE SEASONED PROFESSIONALS WHO MEET STRICT REQUIREMENTS TO JOIN THE ASSOCIATION. MEMBERS HAVE MANY YEARS OF EXPERIENCE AND UNDERSTAND THE LOCAL INDUSTRY LANDSCAPE.MADISON AREA BUILDERS ASSOCIATION IS YOUR ADVOCATE; ENSURING MEMBERS MAINTAIN OUR HIGH STANDARDS FOR BUILDING EXCELLENCE, AND STAYING AHEAD OF REGULATIONS AND TRENDS IN THE INDUSTRY TO GUIDE YOU DOWN THE PATH TO YOUR NEW HOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Crary President | OfficerTrustee | 5 | $0 |
Andy Blakey First Vice President | OfficerTrustee | 1 | $0 |
Shaun Scullion President - Elect | OfficerTrustee | 1 | $0 |
Brad Burrs Immediate Past President | Trustee | 1 | $0 |
Ken Nelson Secretary | OfficerTrustee | 1 | $0 |
Keith Batenhorst Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $19,870 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,849 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,719 |
| Total Program Service Revenue | $907,472 |
| Investment income | $49,243 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,548 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,112,438 |
| 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. | $188,162 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $167,859 |
| Pension plan accruals and contributions | $5,209 |
| Other employee benefits | $15,204 |
| Payroll taxes | $34,345 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,260 |
| Fees for services: Lobbying | $858 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,874 |
| Fees for services: Other | $3,500 |
| Advertising and promotion | $91,992 |
| Office expenses | $25,869 |
| Information technology | $3,701 |
| Royalties | $0 |
| Occupancy | $23,385 |
| Travel | $7,147 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,263 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,108 |
| Insurance | $5,513 |
| All other expenses | $21,543 |
| Total functional expenses | $1,081,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,864 |
| Savings and temporary cash investments | $15,204 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,280 |
| 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 | $14,939 |
| Net Land, buildings, and equipment | $17,961 |
| Investments—publicly traded securities | $1,531,252 |
| Investments—other securities | $307,081 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $158,285 |
| Total assets | $2,170,866 |
| Accounts payable and accrued expenses | $31,161 |
| Grants payable | $0 |
| Deferred revenue | $84,245 |
| 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 | $161,795 |
| Total liabilities | $277,201 |
| Net assets without donor restrictions | $1,893,665 |
| 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 | $2,170,866 |