Rochester Area Builders Inc

Organization Overview

Rochester Area Builders Inc is located in Rochester, MN. The organization was established in 1990. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2020, Rochester Area Builders Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rochester Area Builders 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 12/2020, Rochester Area Builders Inc generated $768.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $750.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE ROCHESTER AREA BUILDERS, INC. IS A PROFESSIONAL ORGANIZATION ESTABLISHED IN 1953 CONSISTING OF BUSINESSES INVOLVED IN CONSTRUCTION AND ALL ASPECTS OF HOME IMPROVEMENT THROUGHOUT ROCHESTER, MN AND ALL OF SOUTHEASTERN MINNESOTA. OUR WEBSITE IS DEVOTED TO PUTTING YOU IN TOUCH WITH THE SERVICES OF AREA BUILDING, REMODELING AND HOME IMPROVEMENT PROFESSIONALS IN THE COMMUNITIES WE SERVE. WE ARE COMMITTED TO PROFESSIONALISM WITHIN THE BUILDING AND HOME IMPROVEMENT INDUSTRIES AND TO PROVIDING THE COMMUNITY WITH THE INFORMATION NEEDED IN ORDER TO MAKE SOUND DECISIONS IN HOME BUILDING, COMMERCIAL CONSTRUCTION, REMODELING, RENOVATION AND HOME IMPROVEMENT. AS ROCHESTER MINNESOTA'S AND SOUTHEASTERN MINNESOTA'S LEADER IN CONSTRUCTION, REMODELING AND HOME IMPROVEMENT, RAB ALSO STRIVES TO BENEFIT OUR MEMBERS IN THE PROFESSIONAL GROWTH OF THEIR BUSINESSES THROUGH PARTICIPATION, ADVOCACY, EDUCATION, AND COMMUNITY INVOLVEMENT. ROCHESTER AREA BUILDERS ALSO SERVES AS A RESOURCE FOR THE ROCHESTER, MN AR

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO DEVELOP, ENCOURAGE AND MAINTAIN COOPERATION FOR THE OBJECTIVES AND RESPONSIBILITIES OF AREA HOME BUILDERS, TRADE ASSOC AND RELATED HOMEOWNERS.


TO DEVELOP, ENCOURAGE AND MAINTAIN COOPERATION FOR THE OBJECTIVES AND RESPONSIBILITIES OF AREA HOME BUILDERS, TRADE ASSOC AND RELATED HOME OWNERS.


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Board, Officers & Key Employees

Name (title)Compensation
Luke Stier
President
$0
Jennifer Mitchell
Secretary
$0
Jesse Buhl
Treasurer
$0
Becky Holmen
VP
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$7,784
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$150
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,934
Total Program Service Revenue$519,858
Investment income $1,699
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $238,465
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $767,956

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