Billings Builders Exchange Inc

Organization Overview

Billings Builders Exchange Inc is located in Billings, MT. The organization was established in 1967. 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. As of 11/2022, Billings Builders Exchange Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Billings Builders Exchange 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 11/2022, Billings Builders Exchange Inc generated $433.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $389.6k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION SERVICES ITS MEMBERS BY (I) PROVIDING ACCURATE, TIMELY REPORTING ON PROJECTS BEING SOLICITED FOR BIDS, (II) ENCOURAGING COMPETITIVE, RESPONSIBLE, AND THOROUGH BIDDING IN THE CONSTRUCTION INDUSTRY, (III) PROVIDING INFORMATION ABOUT CONSTRUCTION PROJECTS THAT THE ORGANIZATION'S MEMBERS MAY OTHERWISE NOT RECEIVE, AND (IV) PROVIDING A CONSOLIDATED SOURCE OF INFORMATION FOR PROJECT LEADS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISTRIBUTION OF WEEKLY BULLETINS, PROVIDING ACCESS TO BLUE PRINTS AND SPECIFICATIONS OF PROJECTS AND ADVERTISING PROJECTS IN THE AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Luke Hudson
Executive Secretary / Mana
$102,419
Kevin Titus
President
$0
Jake Finnicum
Outgoing President
$0
Nic Talmark
Vice President
$0
Matt Schafer
Treasurer
$0
Todd Mcdonald
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$253,786
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$253,786
Total Program Service Revenue$122,123
Investment income $39,250
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $3,865
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $433,235

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