Timber Framers Guild Inc
- Assets
- $545.6k
- Revenue
- $620.6k
- Investments
- $0.0
- Employees
- 7
- Location
- Alstead, NH
- Founding
- 03/2017
- Data as of
- 03/2022
- EIN
- 81-4201896
Organization Overview
Timber Framers Guild Inc is located in Alstead, NH. The organization was established in 2017. According to its NTEE Classification (J19) the organization is classified as: Support N.E.C., under the broad grouping of Employment and related organizations. As of 03/2023, Timber Framers Guild Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Timber Framers Guild Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Timber Framers Guild Inc generated $620.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $616.3k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 5 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ACTIVE SINCE THE 1980S, THE GUILD ADVANCES TIMBER FRAMING AND ENRICHES (SEE SCHEDULE O) OUR COMMUNITY THROUGH RESEARCH, EDUCATION, AND INDUSTRY. THROUGH OUR PROGRAMMING, WE SUPPORT SUSTAINABLE COMMUNITIES, JOBS CREATION, EFFECTIVE INFRASTRUCTURE, AND RESPONSIBLE CONSUMPTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GUILD HOSTS AN ANNUAL CONFERENCE, WHICH INCLUDES EDUCATIONAL PRESENTATIONS, TOURS, DEMONSTRATIONS, A TRADE SHOW, AND OTHER SPECIAL EVENTS. THE GUILD ALSO HOSTS ONLINE WEBINARS AND GATHERINGS. MANY PROGRAMS ARE CENTERED ON NORTH AMERICA; HOWEVER, WE ORGANIZE AND PARTICIPATE IN PROGRAMS ON OTHER CONTINENTS. DUE TO THE COVID EPIDEMIC AND LEADERSHIP CHANGES, THERE WERE NO INTERNATIONAL PROGRAMS DURING THE YEAR ENDED MARCH 31, 2023.
MEMBER SERVICES AND PUBLICATIONS, INCLUDING THE SALE OF MERCHANDISE.
THE GUILD AND ITS MEMBERS DESIGN AND BUILD STRUCTURES IN PARTNERSHIP WITH PUBLIC AGENCIES AND NONPROFIT ORGANIZATIONS, WITH SUPPORT FROM GUILD MEMBERS, COMMUNITY VOLUNTEERS, AND OTHER STAKEHOLDERS. THESE PROJECTS ARE DONE TO EDUCATE OUR MEMBERS AND THE PUBLIC, DEMONSTRATE THE VALUE OF TIMBER FRAME STRUCTURES, AND PROVIDE LASTING BENEFITS TO THE COMMUNITIES THAT UNDERWRITE THEM. DUE TO THE COVID EPIDEMIC AND LEADERSHIP CHANGES, THERE WERE NO INTERNATIONAL PROGRAMS DURING THE YEAR ENDED MARCH 31, 2023.
REGIONAL EVENTS AND OTHER SEMINARS TO INFORM, TRAIN AND EDUCATE OUR MEMBERS REGARDING TIMBER FRAMING. DUE TO THE COVID EPIDEMIC AND LEADERSHIP CHANGES, THERE WERE NO INTERNATIONAL PROGRAMS DURING THE YEAR ENDED MARCH 31, 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bo Foard Past President | OfficerTrustee | 10 | $0 |
Autumn Peterson Vice President (until 12/2022) | OfficerTrustee | 10 | $0 |
Michael Cuba Clerk (from 1/2023) | Trustee | 10 | $9,696 |
Jackson Dubois President | OfficerTrustee | 10 | $0 |
Rene Allen Treasurer | OfficerTrustee | 5 | $0 |
Grigg Mullen III Director (from 1/2023) | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $216,429 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,000 |
| Noncash contributions included in lines 1a–1f | $14,650 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $243,429 |
| Total Program Service Revenue | $376,833 |
| Investment income | $24 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $293 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $620,579 |
| 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. | $47,828 |
| Compensation of current officers, directors, key employees. | $16,740 |
| Compensation to disqualified persons | $31,354 |
| Other salaries and wages | $114,856 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,302 |
| Payroll taxes | $30,581 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,332 |
| Fees for services: Accounting | $12,653 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,217 |
| Advertising and promotion | $2,488 |
| Office expenses | $4,221 |
| Information technology | $15,938 |
| Royalties | $0 |
| Occupancy | $10,395 |
| Travel | $1,108 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,373 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $21,272 |
| All other expenses | $6,935 |
| Total functional expenses | $616,348 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $383,280 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,250 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $90,000 |
| Intangible assets | $0 |
| Other assets | $70,061 |
| Total assets | $545,591 |
| Accounts payable and accrued expenses | $13,848 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $155,900 |
| Other liabilities | $0 |
| Total liabilities | $169,748 |
| Net assets without donor restrictions | $321,134 |
| Net assets with donor restrictions | $54,709 |
| 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 | $545,591 |