Civic Intelligence

Minneapolis Builders Exchange

990 • Fiscal year 2019 • EIN 41-0414430

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 29, 2020

Organization ProfileWWW.MBEX.ORG

View Organization Page

1123 Glenwood AvenueMinneapolis, MN 55405

(612) 381-2625

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.30x

Higher debt load relative to assets than 68% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

88th percentile

0.61x

Higher debt load relative to revenue than 88% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Net Margin

83rd percentile

17%

Higher net margin than 83% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

51st percentile

$142,874

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Asset Growth

70th percentile

13%

Faster asset growth than 70% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

91st percentile

29%

Faster revenue growth than 91% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$3,748,545

Up $421,996 (+13%) from 2018

Net Assets

Up

$2,637,498

Up $299,335 (+13%) from 2018

Liabilities

Up

$1,111,047

Up $122,661 (+12%) from 2018

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin83rd percentile

Revenue

Up

$1,813,388

Up $412,620 (+29%) from 2018

Expenses

Up

$1,514,053

Up $118,126 (+8.5%) from 2018

Net Income

Up

$299,335

Up $294,494 (+6083%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth70th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,085,832Liabilities 2011: $915,948Net Assets 2011: $2,169,8842011Assets 2012: $3,007,585Liabilities 2012: $904,102Net Assets 2012: $2,103,4832012Assets 2013: $3,071,214Liabilities 2013: $1,123,030Net Assets 2013: $1,948,1842013Assets 2014: $3,170,226Liabilities 2014: $901,043Net Assets 2014: $2,269,1832014Assets 2015: $3,275,659Liabilities 2015: $997,206Net Assets 2015: $2,278,4532015Assets 2016: $3,356,460Liabilities 2016: $1,041,694Net Assets 2016: $2,314,7662016Assets 2017: $3,373,357Liabilities 2017: $1,040,035Net Assets 2017: $2,333,3222017Assets 2018: $3,326,549Liabilities 2018: $988,386Net Assets 2018: $2,338,1632018Assets 2019: $3,748,545Liabilities 2019: $1,111,047Net Assets 2019: $2,637,4982019Assets 2020: $3,534,683Liabilities 2020: $1,089,033Net Assets 2020: $2,445,6502020Assets 2021: $3,729,408Liabilities 2021: $1,117,648Net Assets 2021: $2,611,7602021Assets 2022: $3,626,154Liabilities 2022: $1,218,274Net Assets 2022: $2,407,8802022Assets 2023: $3,583,096Liabilities 2023: $1,207,365Net Assets 2023: $2,375,7312023Assets 2024: $3,539,470Liabilities 2024: $1,216,985Net Assets 2024: $2,322,4852024

Highlighted filing

2019

Assets$3,748,545
Liabilities$1,111,047
Net Assets$2,637,498
Open 2019 Filing

Operations Trend

Revenue Growth91st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2011: $1,117,303Expenses 2011: $1,135,610Net Income 2011: -$18,3072011Expenses 2012: $1,121,8652012Revenue 2013: $1,133,757Expenses 2013: $1,121,209Net Income 2013: $12,5482013Revenue 2014: $1,638,621Expenses 2014: $1,317,622Net Income 2014: $320,9992014Revenue 2015: $1,331,721Expenses 2015: $1,322,451Net Income 2015: $9,2702015Revenue 2016: $1,354,192Expenses 2016: $1,317,879Net Income 2016: $36,3132016Revenue 2017: $1,391,448Expenses 2017: $1,372,892Net Income 2017: $18,5562017Revenue 2018: $1,400,768Expenses 2018: $1,395,927Net Income 2018: $4,8412018Revenue 2019: $1,813,388Expenses 2019: $1,514,053Net Income 2019: $299,3352019Revenue 2020: $1,460,099Expenses 2020: $1,651,947Net Income 2020: -$191,8482020Revenue 2021: $1,644,007Expenses 2021: $1,477,897Net Income 2021: $166,1102021Revenue 2022: $1,442,741Expenses 2022: $1,646,445Net Income 2022: -$203,7042022Revenue 2023: $1,723,099Expenses 2023: $1,755,248Net Income 2023: -$32,1492023Revenue 2024: $1,805,153Expenses 2024: $1,858,399Net Income 2024: -$53,2462024

Highlighted filing

2019

Revenue$1,813,388
Expenses$1,514,053
Net Income$299,335
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 29, 2020
Return Version
2019v5.1
Gross Receipts
$1,813,388
Mission and Program Overview

Mission

The minnesota builders exchange seeks to provide useful services to large and small companies involved in the construction industry. It seeks to design and offer programs that will assist these companies, and their employees, to build more effective businesses and create a strong unified industry.

To provide project information and networking opportunities to firms connected to the building construction industry

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,687,054$1,710,144▲ $23,090
Cash and Non-Interest-Bearing Accounts$1,250,321$1,691,623▲ $441,302
Land, Buildings, and Equipment, Net$383,437$341,075▼ $42,362
Prepaid Expenses and Deferred Charges$5,737$5,703▼ $34
Total Assets$3,326,549$3,748,545▲ $421,996
Liabilities
Deferred Revenue$845,776$989,724▲ $143,948
Accounts Payable and Accrued Expenses$114,940$107,005▼ $7,935
Other Liabilities$27,670$14,318▼ $13,352
Total Liabilities$988,386$1,111,047▲ $122,661
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,338,163$2,637,498▲ $299,335
Total Net Assets Fund Balance$2,338,163$2,637,498▲ $299,335
Total Liabilities and Net Assets / Fund Balance$3,326,549$3,748,545▲ $421,996

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$263,839$520,372$784,211
Equipment$33,309$296,973$330,282
Buildings$0$111,354$111,354
Land$43,500-$43,500
Other Land Buildings$427$8,882$9,309
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Tom GetzkeExecutive Director/secretaryFT$142,874$142,874

Board Members and Trustees

NameTitle
Malia OesterreichPast President
Beth NdePresident
Danielle DziedzicVice President
Adam KuettelDirector
Andrew RistromDirector
Ben NewlinDirector
Chris HauckDirector
Keli LindDirector
Lauren ColbethDirector
Mike CarlsonDirector
Nate SapikDirector
Randy LafaiveDirector
Wally PetersonDirector
Erik MolinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,291,922
Investment Income
$28,592
Other Revenue
$492,874
Change in Net Assets
$299,335
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,007,162
Other Expenses$506,891
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$620,866
Current Officers, Directors, Trustees, and Key Employees---$142,874
Other Employee Benefits---$135,968
All Other Expenses---$131,135
Payroll Taxes---$60,802
Depreciation Depletion---$53,511
Pension Plan Contributions---$46,652
Information Technology---$45,313
Other Expenses---$30,997
Fees for Services Accounting---$26,286
Conferences and Meetings---$25,149
Insurance---$4,824
Interest---$3,107
Advertising---$1,535
Fees for Services Other---$455
Office Expenses---$403
Total Functional Expenses$0$0$0$1,514,053
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligations$14,318
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Organization made up of members who pay dues”

Form 990, Part VI, Section A, Line 7A

“Each member firm has a voting right of 1.”

Form 990, Part VI, Section A, Line 7B

“Changes to the constitution or by-laws must be approved by members”

Form 990, Part VI, Section B, Line 11B

“Board reviews bookkeeping and auditor's annual report before form 990 is filed.”

Form 990, Part VI, Section B, Line 12C

“Directors know of all business dealings and therefore can police one another and themselves”

Form 990, Part VI, Section B, Line 15A

“Executive committee compares salary of the executive director with that of comparable outside sources”

Form 990, Part VI, Section C, Line 19

“Organization invites member firms to the annual meeting and board announces that documents can be reviewed.”

Filing and Contact Details

Filer

Filer Name
Minnesota Builders Exchange
EIN
41-0414430
Phone
6123812625
Address
1123 GLENWOOD AVENUE, MINNEAPOLIS, MN 55405

Signing Officer

Name
Tom Getzke
Title
Executive Director
Phone
6123812625
Signed
2020-09-29

Organization Details

Principal Officer
Tom Getzke
Formed
1888
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
13
Employees
15
Volunteers
75

Preparer

Firm
Smith Schafer & Associates Ltd
Address
7500 HIGHWAY 55 SUITE 350, MINNEAPOLIS, MN 55427
Preparer
Dean Richards
Phone
9529201455
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The exchange has been granted an exemption from income taxes under section 501(c)(6) of the internal revenue code. Certain organizational activities are taxable as unrelated business income. There is no provision for income taxes for the years presented, as those activities did not result in taxable income. Management has determined that the exchange does not have any uncertain tax positions and associated unrecognized benefits that materially impact the financial statements or related disclosures. The exchange's federal income tax returns are subject to examination by the irs, generally for three years after they were filed.”

Raw XML AppendixShowing 400 of 422 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0114940
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0107005
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE PROJECT INFORMATION AND NETWORKING OPPORTUNITIES TO FIRMS CONNECTED TO THE BUILDING CONSTRUCTION INDUSTRY
IRS990/AdvertisingGrp/TotalAmt01535
IRS990/AllOtherExpensesGrp/TotalAmt0131135
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TOM GETZKE
IRS990/BooksInCareOfDetail/PhoneNum06123812625
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01123 GLENWOOD
IRS990/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055405
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01250321
IRS990/CashNonInterestBearingGrp/EOYAmt01691623
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0142874
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt025149
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt028592
IRS990/CYOtherExpensesAmt0506891
IRS990/CYOtherRevenueAmt0492874
IRS990/CYProgramServiceRevenueAmt01291922
IRS990/CYRevenuesLessExpensesAmt0299335
IRS990/CYSalariesCompEmpBnftPaidAmt01007162
IRS990/CYTotalExpensesAmt01514053
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01813388
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0845776
IRS990/DeferredRevenueGrp/EOYAmt0989724
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt053511
IRS990/Desc0PROVIDE PROJECT INFORMATION VIA PHYSICAL AND VIRTUAL PLAN ROOMS AND OTHER INFORMATION DISSEMINATION
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt015
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt01514053
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt026286
IRS990/FeesForServicesOtherGrp/TotalAmt0455
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0TOM GETZKE
IRS990/Form990PartVIISectionAGrp/PersonNm1BETH NDE
IRS990/Form990PartVIISectionAGrp/PersonNm2DANIELLE DZIEDZIC
IRS990/Form990PartVIISectionAGrp/PersonNm3ERIK MOLIN
IRS990/Form990PartVIISectionAGrp/PersonNm4BEN NEWLIN
IRS990/Form990PartVIISectionAGrp/PersonNm5ANDREW RISTROM
IRS990/Form990PartVIISectionAGrp/PersonNm6WALLY PETERSON
IRS990/Form990PartVIISectionAGrp/PersonNm7LAUREN COLBETH
IRS990/Form990PartVIISectionAGrp/PersonNm8RANDY LAFAIVE
IRS990/Form990PartVIISectionAGrp/PersonNm9CHRIS HAUCK
IRS990/Form990PartVIISectionAGrp/PersonNm10NATE SAPIK
IRS990/Form990PartVIISectionAGrp/PersonNm11MIKE CARLSON
IRS990/Form990PartVIISectionAGrp/PersonNm12ADAM KUETTEL
IRS990/Form990PartVIISectionAGrp/PersonNm13KELI LIND
IRS990/Form990PartVIISectionAGrp/PersonNm14MALIA OESTERREICH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0142874
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14PAST PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01888
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01813388
IRS990/GrossSalesOfInventoryAmt02125
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt045313
IRS990/InsuranceGrp/TotalAmt04824
IRS990/InterestGrp/TotalAmt03107
IRS990/InvestmentIncomeGrp/ExclusionAmt028592
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt028592
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0937581
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0383437
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0341075
IRS990/LandBldgEquipCostOrOtherBssAmt01278656
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MINNESOTA BUILDERS EXCHANGE SEEKS TO PROVIDE USEFUL SERVICES TO LARGE AND SMALL COMPANIES INVOLVED IN THE CONSTRUCTION INDUSTRY. IT SEEKS TO DESIGN AND OFFER PROGRAMS THAT WILL ASSIST THESE COMPANIES, AND THEIR EMPLOYEES, TO BUILD MORE EFFECTIVE BUSINESSES AND CREATE A STRONG UNIFIED INDUSTRY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02338163
IRS990/NetAssetsOrFundBalancesEOYAmt02637498
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt02125
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt02125
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02338163
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02637498
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt0403
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0135968
IRS990/OtherExpensesGrp/Desc0OTHER OPERATING EXPENSE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2SOCIALS
IRS990/OtherExpensesGrp/Desc3REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/TotalAmt089412
IRS990/OtherExpensesGrp/TotalAmt157256
IRS990/OtherExpensesGrp/TotalAmt237508
IRS990/OtherExpensesGrp/TotalAmt330997
IRS990/OtherLiabilitiesGrp/BOYAmt027670
IRS990/OtherLiabilitiesGrp/EOYAmt014318
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0DULUTH BUILDERS EXCHAN
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0490749
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0490749
IRS990/OtherRevenueTotalAmt0490749
IRS990/OtherSalariesAndWagesGrp/TotalAmt0620866
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt060802
IRS990/PensionPlanContributionsGrp/TotalAmt046652
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05737
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05703
IRS990/PrincipalOfficerNm0TOM GETZKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/BusinessCd3541800
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRONIC INFORMATION
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER
IRS990/ProgramServiceRevenueGrp/Desc3BULLETIN AND DIRECTORY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0628351
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1414764
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2189000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0628351
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1414764
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2189000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt359807
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt059807
IRS990/ProgSrvcAccomActy2Grp/Desc0NEWS OF MEMBERS AND THE BUILDING INDUSTRY: QUARTERLY NEWSLETTER, WEEKLY BULLETIN AND ANNUAL DIRECTORY
IRS990/ProgSrvcAccomActy3Grp/Desc0NETWORKING OPPORTUNITIES INCLUDE PARKING LOT BARBECUE, GOLF TOURNAMENT, SPORTING CLAYS AND DINNER CRUISE.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt019263
IRS990/PYOtherExpensesAmt0451561
IRS990/PYOtherRevenueAmt02775
IRS990/PYProgramServiceRevenueAmt01378730
IRS990/PYRevenuesLessExpensesAmt04841
IRS990/PYSalariesCompEmpBnftPaidAmt0944366
IRS990/PYTotalExpensesAmt01395927
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01400768
IRS990/ReconcilationRevenueExpnssAmt0299335
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01687054
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01710144
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0111354
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0111354
IRS990ScheduleD/EquipmentGrp/BookValueAmt033309
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0296973
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0330282
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt043500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt043500
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0263839
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0520372
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0784211
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0427
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08882
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09309
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014318
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE OBLIGATIONS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE EXCHANGE HAS BEEN GRANTED AN EXEMPTION FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. CERTAIN ORGANIZATIONAL ACTIVITIES ARE TAXABLE AS UNRELATED BUSINESS INCOME. THERE IS NO PROVISION FOR INCOME TAXES FOR THE YEARS PRESENTED, AS THOSE ACTIVITIES DID NOT RESULT IN TAXABLE INCOME. MANAGEMENT HAS DETERMINED THAT THE EXCHANGE DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. THE EXCHANGE'S FEDERAL INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0341075
IRS990ScheduleD/TotalLiabilityAmt014318
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION MADE UP OF MEMBERS WHO PAY DUES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER FIRM HAS A VOTING RIGHT OF 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGES TO THE CONSTITUTION OR BY-LAWS MUST BE APPROVED BY MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD REVIEWS BOOKKEEPING AND AUDITOR'S ANNUAL REPORT BEFORE FORM 990 IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DIRECTORS KNOW OF ALL BUSINESS DEALINGS AND THEREFORE CAN POLICE ONE ANOTHER AND THEMSELVES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EXECUTIVE COMMITTEE COMPARES SALARY OF THE EXECUTIVE DIRECTOR WITH THAT OF COMPARABLE OUTSIDE SOURCES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ORGANIZATION INVITES MEMBER FIRMS TO THE ANNUAL MEETING AND BOARD ANNOUNCES THAT DOCUMENTS CAN BE REVIEWED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03326549
IRS990/TotalAssetsEOYAmt03748545
IRS990/TotalAssetsGrp/BOYAmt03326549
IRS990/TotalAssetsGrp/EOYAmt03748545
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/TotalAmt01514053
IRS990/TotalGrossUBIAmt059807
IRS990/TotalLiabilitiesBOYAmt0988386
IRS990/TotalLiabilitiesEOYAmt01111047
IRS990/TotalLiabilitiesGrp/BOYAmt0988386
IRS990/TotalLiabilitiesGrp/EOYAmt01111047
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02338163
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02637498
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01514053
IRS990/TotalProgramServiceRevenueAmt01291922
IRS990/TotalReportableCompFromOrgAmt0142874
IRS990/TotalRevenueGrp/ExclusionAmt028592
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01724989
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01813388
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt059807
IRS990/TotalVolunteersCnt075
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03326549
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03748545
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01123 GLENWOOD AVENUE
IRS990/USAddress/CityNm0MINNEAPOLIS
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055405
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.MBEX.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM GETZKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06123812625
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNESOTA BUILDERS EXCHANGE
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0410414430
ReturnHeader/Filer/PhoneNum06123812625
ReturnHeader/Filer/USAddress/AddressLine1Txt01123 GLENWOOD AVENUE
ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,748,545
Liabilities
$1,111,047
Net assets
$2,637,498
Revenue
$1,813,388
Expenses
$1,514,053
Net income
$299,335
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.54$1.22$2.32$1.81$1.86$0.05
2023Detailed filing. Detailed filing data is available for this year.$3.58$1.21$2.38$1.72$1.76$0.03
2022Detailed filing. Detailed filing data is available for this year.$3.63$1.22$2.41$1.44$1.65$0.20
2021Detailed filing. Detailed filing data is available for this year.$3.73$1.12$2.61$1.64$1.48$0.17
2020Detailed filing. Detailed filing data is available for this year.$3.53$1.09$2.45$1.46$1.65$0.19
2019Detailed filing. Detailed filing data is available for this year.$3.75$1.11$2.64$1.81$1.51$0.30
2018Detailed filing. Detailed filing data is available for this year.$3.33$0.99$2.34$1.40$1.40$0.00
2017Detailed filing. Detailed filing data is available for this year.$3.37$1.04$2.33$1.39$1.37$0.02
2016Detailed filing. Detailed filing data is available for this year.$3.36$1.04$2.31$1.35$1.32$0.04
2015Detailed filing. Detailed filing data is available for this year.$3.28$1.00$2.28$1.33$1.32$0.01
2014Detailed filing. Detailed filing data is available for this year.$3.17$0.90$2.27$1.64$1.32$0.32
2013Summary only. Only limited summary data is available for this year.$3.07$1.12$1.95$1.13$1.12$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.01$0.90$2.10$1.12
2011Summary only. Only limited summary data is available for this year.$3.09$0.92$2.17$1.12$1.14$0.02