Master Builders Of Iowa
- Assets
- $8.2m
- Revenue
- $1.9m
- Investments
- $951.8k
- Employees
- 19
- Location
- West Des Moines, IA
- Founding
- 06/1958
- Data as of
- 10/2023
- EIN
- 42-0399720
Organization Overview
Master Builders Of Iowa is located in West Des Moines, IA. The organization was established in 1958. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 10/2023, Master Builders Of Iowa employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Master Builders Of Iowa 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 10/2023, Master Builders Of Iowa generated $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $3.1m during the year ending 10/2023. While expenses have increased by 4.6% 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.
Since 2017, Master Builders Of Iowa has awarded 15 individual grants totaling $5,174,570. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MASTER BUILDERS OF IOWA'S MISSION IS TO BE THE ESSENTIAL RESOURCE FOR IMPROVING MEMBER PERFORMANCE AND PROMOTING A BUSINESS ENVIRONMENT FAVORABLE TO THE CONSTRUCTION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF MASTER BUILDERS OF IOWA IS TO BE THE ESSENTIAL RESOURCE FOR IMPROVING MEMBER PERFORMANCE AND PROMOTING A BUSINESS ENVIRONMENT FAVORABLE TO THE CONSTRUCTION INDUSTRY. WE OFFER A WIDE RANGE OF EDUCATIONAL, PROFESSIONAL DEVELOPMENT, AND TRAINING OPPORTUNITIES.
GOVERNMENT/LEGISLATIVE AFFAIRSCONVENTION/EXPOSITIONINDUSTRY RELATIONSRECOGNITION PROGRAMS/AWARDS
KEEPING MEMBERS INFORMED IS ONE THE MASTER BUILDERS OF IOWA PRIMARY OBJECTIVES. MBI PROVIDES A NUMBER OF INFORMATION PRODUCTS THAT ENSURE ITS MEMBERS ARE THE BEST INFORMED CONTRACTORS IN THE CONSTRUCTION BUSINESS.
MASTER BUILDERS OF IOWA EMPLOYS TWO LABOR RELATIONS SPECIALISTS WHO PROVIDE MEMBERS WITH A FULL RANGE OF SERVICES TO ASSIST THEM IN DEALING WITH WORKFORCE ISSUES. THESE ISSUES INCLUDE SUCH COMPLEX ISSUES AS STATE AND FEDERAL EMPLOYMENT REGULATIONS, LABOR RELATIONS, WAGE NEGOTIATIONS, AFFIRMATIVE ACTION POLICIES AND EMPLOYMENT DISCRIMINATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Kleppe President/ceo | Officer | 25 | $252,991 |
Laurie Delmott COO | Officer | 36 | $152,846 |
Ben Hammes Manager | 39 | $141,396 | |
Joe Melton Key Employee | 40 | $124,695 | |
Randy Clarahan Chairman (beg Mar 23) | OfficerTrustee | 1 | $0 |
Mike Espeset Vice Chairman | 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 | $1,494,634 |
| Investment income | $78,440 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $50,000 |
| Net Gain/Loss on Asset Sales | $98,451 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,897,852 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,500 |
| 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. | $455,568 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $798,903 |
| Pension plan accruals and contributions | $28,105 |
| Other employee benefits | $76,638 |
| Payroll taxes | $86,763 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,879 |
| Fees for services: Accounting | $41,320 |
| Fees for services: Lobbying | $60,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,470 |
| Fees for services: Other | $194,572 |
| Advertising and promotion | $150,022 |
| Office expenses | $149,374 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $101,535 |
| Travel | $40,718 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $61,516 |
| Interest | $51,855 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $261,283 |
| Insurance | $0 |
| All other expenses | $1,445 |
| Total functional expenses | $3,107,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $547,800 |
| Savings and temporary cash investments | $400,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $304,094 |
| 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 | $164,561 |
| Net Land, buildings, and equipment | $5,843,499 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $951,757 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,211,711 |
| Accounts payable and accrued expenses | $450,600 |
| Grants payable | $0 |
| Deferred revenue | $129,965 |
| 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 | $18,541,715 |
| Total liabilities | $19,122,280 |
| Net assets without donor restrictions | -$10,910,569 |
| 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 | $8,211,711 |
Grants Awarded
Over the last fiscal year, Master Builders Of Iowa has awarded $41,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
IOWA JOBS FOR AMERICAS GRADUATES INC PURPOSE: GENERAL FUND | $25,000 |
HARVESTING OPPORTUNITY PURPOSE: GENERAL FUND | $15,000 |
ACE MENTOR PROGRAM OF CENTRAL IOWA PURPOSE: GENERAL FUND | $1,000 |