Bld Connection
- Assets
- $3.0m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 9
- Location
- Golden Valley, MN
- Founding
- 04/1991
- Data as of
- 09/2023
- EIN
- 41-1676811
Organization Overview
Bld Connection is located in Golden Valley, MN. The organization was established in 1991. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, Bld Connection employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bld Connection 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 09/2023, Bld Connection generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.2m during the year ending 09/2023. While expenses have increased by 2.3% per year over the past 8 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
NORTHWESTERN LUMBER ASSOCIATION'S MISSION IS TO CONNECT ITS MEMBERS TO THE PEOPLE, PROGRAMS, PRODUCTS AND RESOURCES THAT WILL ASSIST THEM TO BE HIGHLY-FUNCTIONING, SALES-DRIVEN BUSINESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROFESSIONAL DEVELOPMENT NLA PROVIDES TARGETED PROGRAMMING FOR RETAIL LUMBER & BUILDING MATERIAL (LBM) DEALERS AND THEIR EMPLOYEES IN THESE KEY AREAS: 1) OWNERS AND GENERAL MANAGERS WILL BE TRAINED IN THE CORE COMPETENCIES: FINANCIAL MANAGEMENT, LEADERSHIP, SUPERVISION, INVENTORY CONTROL, RISK MANAGEMENT, BUILDING CODES, REGULATORY MANDATES AND BUSINESS LAW. 2) SALES PERSONNEL (INSIDE AND OUTSIDE) WILL BE EDUCATED IN THE FOLLOWING CORE COMPETENCIES: PRODUCT KNOWLEDGE, SALES TECHNIQUES, CUSTOMER SERVICE, ESTIMATING, NEGOTIATIONS, AND BASIC FINANCIAL MARGIN MANAGEMENT. 3) YARD PERSONNEL WILL BE EDUCATED IN THE FOLLOWING CORE COMPETENCIES: SAFETY, PRODUCT KNOWLEDGE, PRODUCT HANDLING, AND CUSTOMER SERVICE. 4) FINANCIAL & H.R. PERSONNEL WILL BE EDUCATED IN THE FOLLOWING CORE COMPETENCIES: FINANCIAL MANAGEMENT, COMPLIANCE ISSUES, SAFETY MANAGEMENT AND BUSINESS LAW. ACCOMPLISHED: IN 2022-23, 18 IN-PERSON CLASSES WERE HELD WHILE 1 CLASS WAS CANCELLED DUE TO LACK OF ATTENDANCE. FIVE (5) OWNER/MANAGER ROUNDTABLES WERE ALSO HELD. ADDITIONALLY, A WOMEN IN LBM VIRTUAL ROUNDTABLE CONTINUED ITS WORK/MEETINGS AND MET FIVE (5) TIMES ONLINE OR IN-PERSON. NLA ALSO PARTNERED WITH THE MID-AMERICA LUMBERMENS ASSOCIATION TO OFFER A QUARTERLY INDUSTRY UPDATE/NEWS/PANEL DISCUSSION CALLED LBM MARKET WATCH. THIS WAS HELD THREE (3) TIMES VIRTUALLY IN 2022-23. NLA ALSO HOSTED NUMEROUS WEBINARS AND ONLINE TRAINING PROGRAMS.
BUSINESS DEVELOPMENTNLA PROVIDES BUSINESS SOLUTIONS FOR MEMBERS IN THESE KEY AREAS OF THEIR BUSINESS: OPERATIONS, HUMAN RESOURCES, SALES-MERCHANDISING-MARKETING, MANAGEMENT. ACCOMPLISHED: DURING THE CURRENT YEAR, NLA PUBLISHED A PRINTED MAGAZINE AND DIRECTORY, PROVIDED ONGOING SERVICES SUCH AS LEGAL SERVICE, BANKCARD PROGRAM, 401(K) MULTIPLE EMPLOYER PROGRAM AND REGULAR SURVEYS SUCH AS BUSINESS MANAGEMENT OPERATIONAL COMPARSION SURVEY. WE OFFER MANUALS FOR OSHA AND DOT COMPLIANCE AS WELL AS HUMAN RESOURCE MANUALS AND GENERAL BUSINESS FORMS/STATIONARY. TRADE SHOWS/CONFERENCESTHE ANNUAL TRADE SHOWS RETURNED IN THE WINTER OF 2023 WITH EXPO NORTH (MN), EXPO NEBRASKA AND EXPO IOWA. THE WISCONSIN LUMBER DEALER LEADERSHIP CONFERENCE ALSO RETURNED. ATTENDANCE NUMBERS INCREASED FOLLOWING COVID 19 ISSUES THE YEAR PRIOR.
GOVERNMENT AFFAIRSNLA KEEPS ITS MEMBERSHIP INFORMED ABOUT PROPOSED LEGISLATION AND REGULATORY ISSUES INTRODUCED IN EACH STATE'S LEGISLATURE, FEDERAL LEGISLATION AND REGULATORY ISSUES, AND ISSUE CALLS TO ACTION WHERE APPROPRIATE. ACCOMPLISHED: 8 MEMBERS OF THE ORGANIZATION RETURNED TO WASHINGTON D.C. IN SPRING 2023 TO LOBBY CONGRESS ON BEHALF OF THE MEMBERSHIP. ADDITIONALLY, THE ORGANIZATION BEGAN A NEW RELATIONSHIP WITH ADVOCACY STRATEGIES - CONTRACT LOBBYIST - TO SUPPORT MEMBERS IN THE STATE OF IOWA. ORGANIZATION IS ACTIVELY WORKING WITH IOWA WORKFORCE DEVELOPMENT TO DEVELOP A REGISTERED APPRENTICESHIP PROGRAM FOR ITS MEMBERS TO ATTTRACT AND RETAIN YOUNG EMPLOYEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cody Nuernberg President/secretary | OfficerTrustee | 45 | $0 |
Lynn Trask Chairman Of The Board | OfficerTrustee | 2 | $0 |
Brian Wendt 1st Vice Chairman | OfficerTrustee | 1 | $0 |
Scott Enter 2nd Vice Chairman | OfficerTrustee | 1 | $0 |
Jennifer Leachman Treasurer | OfficerTrustee | 1 | $0 |
Mike Bertrand Past Chair/nli Treasurer | OfficerTrustee | 1 | $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 | $1,126,364 |
| Investment income | $100,003 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $120,123 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$81 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,432,144 |
| 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 | $452,952 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $99,583 |
| Fees for services: Lobbying | $8,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $76,591 |
| Information technology | $22,987 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $18,773 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $233,817 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,113 |
| All other expenses | $3,837 |
| Total functional expenses | $1,195,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $267,654 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,749 |
| 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 | $48,194 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,521,454 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $159,500 |
| Total assets | $3,042,551 |
| Accounts payable and accrued expenses | $91,756 |
| Grants payable | $0 |
| Deferred revenue | $124,191 |
| 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 | $0 |
| Total liabilities | $215,947 |
| Net assets without donor restrictions | $2,826,604 |
| 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 | $3,042,551 |