Mankato Builders Exchange
- Assets
- $80.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mankato, MN
- Founding
- 08/1988
- Data as of
- 12/2020
- EIN
- 41-6160673
Organization Overview
Mankato Builders Exchange is located in Mankato, MN. The organization was established in 1988. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, 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. Mankato Builders Exchange 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, Mankato Builders Exchange generated $51.0k 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 (7.7%) each year. All expenses for the organization totaled $61.2k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
PROMOTE THE CONSTRUCTION INDUSTRY BY PROVIDING A VITAL LINK BETWEEN OWNER, ARCHITECT, ENGINEER, MATERIAL MANUFACTURER, DEALER, AND CONTRACTOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jake Meyer President | 10 | $0 | |
Mike Malterer Vice President | 10 | $0 | |
Jesse Christianson Secretary | 10 | $0 | |
Danny Umhoefer Treasurer | 10 | $0 | |
Jason Hacker Director | 0 | $0 | |
Jason Worrell Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $38,500 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $12,515 |
| Total Revenue | $51,015 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,505 |
| Occupancy, rent, utilities, and maintenance | $12,392 |
| Printing, publications, postage, and shipping | $55 |
| Other expenses | $45,233 |
| Total expenses | $61,185 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,928 |
| Other assets | $0 |
| Total assets | $80,164 |
| Total liabilities | $335 |
| Net assets or fund balances | $79,829 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ifbf Property Management Inc West Des Moines, IA | $66,458,037 | $20,324,859 |
Snow And Ice Management Association Inc Mequon, WI | $2,340,997 | $2,790,176 |
Middle Management Association St Paul, MN | $2,377,760 | $1,336,699 |
Unclaimed Property Professionals Organization Inc Golden Valley, MN | $919,733 | $1,026,456 |
Product Development & Management Association St Paul, MN | $747,589 | $1,073,754 |
Duluth Builders Exchange Duluth, MN | $0 | $690,985 |
Digital Bridge Inc Milwaukee, WI | $399,676 | $1,030,651 |
Society For Human Resource Mgt Cottage Grove, WI | $539,319 | $737,775 |
Twin Cities Society Of Human Resource Management Minneapolis, MN | $500,674 | $464,134 |
La Crosse Builders Exchange Inc La Crosse, WI | $170,152 | $182,703 |
Project Management Institute New Brighton, MN | $1,003,818 | $494,780 |
50th & France Business & Professional Assn Edina, MN | $89,710 | $219,587 |