Building Industry Association Of Whatcom County
- Assets
- $1.8m
- Revenue
- $794.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Bellingham, WA
- Founding
- 11/1979
- Data as of
- 12/2023
- EIN
- 91-1056624
Organization Overview
Building Industry Association Of Whatcom County is located in Bellingham, WA. The organization was established in 1979. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Building Industry Association Of Whatcom County employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Industry Association Of Whatcom County 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 12/2023, Building Industry Association Of Whatcom County generated $794.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $805.0k during the year ending 12/2023. While expenses have increased by 2.7% per year over the past 9 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
THE BUILDING INDUSTRY ASSOCIATION OF WHATCOM COUNTY REPRESENTS THOSE CONCERNED WITH THE CURRENT AND FUTURE INTERESTS OF THE BUILDING AND CONSTRUCTION INDUSTRY OF WHATCOM COUNTY, ITS EMPLOYEES AND CONSUMERS. OUR ASSOCIATION IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED IN 1978, IS AFFILIATED WITH THE BUILDING INDUSTRY ASSOCATION OF WASHINGTON AND THE NATIONAL ASSOCIATION OF HOME BUILDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH INSURANCE ASSISTANCE AND RETURN ON INDUSTRIAL INSURANCE (ROII) PROGRAM - MEMBERS CAN OBTAIN A COMPETITIVE HEALTH INSURANCE PLAN THROUGH THE ASSOCIATION'S STATEWIDE HEALTH TRUST. THE ROII SELECT PROGRAM ALLOWS MEMBER COMPANIES TO EARN SOME OF THEIR WORKMAN'S COMPENSATION PREMIUMS BACK WHEN THEY RUN A SAFE, INJURY-FREE OPERATION.
ANNUAL HOME AND GARDEN SHOW - THIS EVENT, THE ASSOCIATON'S LARGEST PUBLIC SERVICE EVENT OF THE YEAR, PROVIDES A SHOWCASE FOR ALL THINGS LOCAL RESIDENTS LOVE ABOUT THEIR HOMES. FOR THREE DAYS, LOCAL EXPERTS PROVIDE FREE EDUCATIONAL SEMINARS, AND VENDORS OFFER THEIR EXPERTISE, SERVICES AND PRODUCTS TO ANY CURIOUS VISITOR.
GOVERNMENTAL AFFAIRS - AS CHAMPIONS OF HOME OWNERSHIP, THE ASSOCIATION REPRESENTS AND SERVES AS THE VOICE FOR THE BUILDING INDUSTRY IN WHATCOM COUNTY BY PROMOTING THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Dunne President | OfficerTrustee | 5 | $0 |
Ben Hancock Treasurer | OfficerTrustee | 5 | $0 |
Dominic Moceri Secretary | OfficerTrustee | 5 | $0 |
Chad Schmitt First Vice President | OfficerTrustee | 5 | $0 |
David Simpson Member At Large | Trustee | 5 | $0 |
Scott Isenhart Past President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $61,065 |
| Fundraising events | $20,611 |
| 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 | $81,676 |
| Total Program Service Revenue | $613,988 |
| Investment income | $4,216 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $61,737 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$5,989 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $794,231 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,508 |
| Grants and other assistance to domestic individuals. | $22,900 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $119,311 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $197,033 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,347 |
| Payroll taxes | $40,102 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,272 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,309 |
| Advertising and promotion | $78,563 |
| Office expenses | $83,045 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $89,738 |
| Travel | $17,919 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,764 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $61,104 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $805,003 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,860 |
| Savings and temporary cash investments | $460,627 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $55,105 |
| 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 | $18,382 |
| Net Land, buildings, and equipment | $1,172,680 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,817,654 |
| Accounts payable and accrued expenses | $44,579 |
| Grants payable | $0 |
| Deferred revenue | $101,224 |
| 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 | $477,128 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $622,931 |
| Net assets without donor restrictions | $1,149,913 |
| Net assets with donor restrictions | $44,810 |
| 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 | $1,817,654 |