Civic Intelligence

Builders Association of Minnesota

EIN 41-6172655 • 501(c)6 • St Paul, MN

Profile

To advance and protect the welfare of the housing industry, to encourage the continual improvement of building techniques and practices and to associate individuals and firms for the purpose of mutual advantages and co-operation.

161 Rondo Ave Suite 823St Paul, MN 55103

www.bamn.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

88th percentile

0.50x

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

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

1.38x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

7th percentile

-26%

Higher net margin than 7% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$125,250

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 43.7% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

19th percentile

-11%

Faster asset growth than 19% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-14%

Faster revenue growth than 13% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$794,693

Down $97,845 (-11%) from 2023

Liabilities

Down

$394,869

Down $24,326 (-5.8%) from 2023

Net Assets

Down

$399,824

Down $73,519 (-16%) from 2023

Revenue

Down

$286,881

Down $47,000 (-14%) from 2023

Expenses

Down

$360,400

Down $46,882 (-12%) from 2023

Net Income

Down

-$73,519

Down $118 (-0.2%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2011: $284,304Liabilities 2011: $30,685Net Assets 2011: $253,6192011Assets 2012: $279,401Liabilities 2012: $32,250Net Assets 2012: $247,1512012Assets 2013: $333,217Liabilities 2013: $36,414Net Assets 2013: $296,8032013Assets 2014: $392,617Liabilities 2014: $15,464Net Assets 2014: $377,1532014Assets 2015: $587,321Liabilities 2015: $31,574Net Assets 2015: $555,7472015Assets 2016: $569,698Liabilities 2016: $23,197Net Assets 2016: $546,5012016Assets 2017: $562,959Liabilities 2017: $30,421Net Assets 2017: $532,5382017Assets 2018: $522,012Liabilities 2018: $15,904Net Assets 2018: $506,1082018Assets 2019: $498,011Liabilities 2019: $19,011Net Assets 2019: $479,0002019Assets 2020: $581,350Liabilities 2020: $14,006Net Assets 2020: $567,3442020Assets 2021: $818,421Liabilities 2021: $213,908Net Assets 2021: $604,5132021Assets 2022: $984,823Liabilities 2022: $438,079Net Assets 2022: $546,7442022Assets 2023: $892,538Liabilities 2023: $419,195Net Assets 2023: $473,3432023Assets 2024: $794,693Liabilities 2024: $394,869Net Assets 2024: $399,8242024

Highlighted filing

2024

Assets$794,693
Liabilities$394,869
Net Assets$399,824

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,465,755Expenses 2011: $761,289Net Income 2011: $704,4662011Revenue 2012: $696,474Expenses 2012: $702,942Net Income 2012: -$6,4682012Revenue 2013: $749,686Expenses 2013: $700,034Net Income 2013: $49,6522013Revenue 2014: $782,897Expenses 2014: $702,547Net Income 2014: $80,3502014Revenue 2015: $746,031Expenses 2015: $567,437Net Income 2015: $178,5942015Revenue 2016: $633,689Expenses 2016: $617,935Net Income 2016: $15,7542016Revenue 2017: $438,514Expenses 2017: $452,477Net Income 2017: -$13,9632017Revenue 2018: $446,571Expenses 2018: $473,001Net Income 2018: -$26,4302018Revenue 2019: $382,584Expenses 2019: $409,690Net Income 2019: -$27,1062019Revenue 2020: $482,421Expenses 2020: $394,077Net Income 2020: $88,3442020Revenue 2021: $372,345Expenses 2021: $335,176Net Income 2021: $37,1692021Revenue 2022: $287,373Expenses 2022: $367,974Net Income 2022: -$80,6012022Revenue 2023: $333,881Expenses 2023: $407,282Net Income 2023: -$73,4012023Revenue 2024: $286,881Expenses 2024: $360,400Net Income 2024: -$73,5192024

Highlighted filing

2024

Revenue$286,881
Expenses$360,400
Net Income-$73,519

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.79$0.39$0.40$0.29$0.36$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.42$0.47$0.33$0.41$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.44$0.55$0.29$0.37$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.21$0.60$0.37$0.34$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.01$0.57$0.48$0.39$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.02$0.48$0.38$0.41$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.02$0.51$0.45$0.47$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.03$0.53$0.44$0.45$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.02$0.55$0.63$0.62$0.02
2015Summary only. Only limited summary data is available for this year.$0.59$0.03$0.56$0.75$0.57$0.18
2014Summary only. Only limited summary data is available for this year.$0.39$0.02$0.38$0.78$0.70$0.08
2013Summary only. Only limited summary data is available for this year.$0.33$0.04$0.30$0.75$0.70$0.05
2012Summary only. Only limited summary data is available for this year.$0.28$0.03$0.25$0.70$0.70$0.01
2011Summary only. Only limited summary data is available for this year.$0.28$0.03$0.25$1.47$0.76$0.70
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$286,881
Mission and Program Overview

Mission

To advance and protect the welfare of the housing industry, to encourage the continual improvement of building techniques and practices and to associate individuals and firms for the purposes of mutual advantage and co-operation.

To advance and protect the welfare of the housing industry, to encourage the continual improvement of building techniques and practices and to associate individuals and firms for the purposes of mutual advantage and co-operations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$816,551$748,179▼ $68,372
Cash and Non-Interest-Bearing Accounts$16,606$29,176▲ $12,570
Pledges and Grants Receivable$51,854$15,338▼ $36,516
Other Notes and Loans Receivable, Net-$1,000-
Prepaid Expenses and Deferred Charges$33$1,000▲ $967
Land, Buildings, and Equipment, Net$506--
Total Assets$892,538$794,693▼ $97,845
Other Assets Total$6,988--
Liabilities
Mortgage Notes Payable Secured by Investment Property$399,124$388,182▼ $10,942
Accounts Payable and Accrued Expenses$13,742$6,687▼ $7,055
Other Liabilities$6,329--
Total Liabilities$419,195$394,869▼ $24,326
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$473,343$399,824▼ $73,519
Total Net Assets Fund Balance$473,343$399,824▼ $73,519
Total Liabilities and Net Assets / Fund Balance$892,538$794,693▼ $97,845

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$11,045$11,045
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Grace KeliherExec. Vice PFT$125,250$125,250

Board Members and Trustees

NameTitle
Dale JuntunenPresident El
Len PrattBuild Pac Tr
Howie ZetahBuilder Vice
Kurt WelkerNahb Rep
John McguinePast Preside
Kc ChermakSecretary
Steve NobleTreasurer/bd
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$218,123
Investment Income
$57,824
Other Revenue
$10,934
Change in Net Assets
$-73,519
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$182,129
Salaries, Compensation, and Employee Benefits$178,271
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$125,250
Fees for Services Other---$56,758
Other Salaries and Wages---$35,928
Advertising---$23,748
Conferences and Meetings---$22,185
Occupancy---$20,874
Payroll Taxes---$17,093
Fees for Services Accounting---$12,807
Interest---$12,211
Information Technology---$10,558
Insurance---$6,946
Fees for Services Legal---$4,915
Office Expenses---$3,635
Other Expenses---$2,914
Travel---$910
Depreciation Depletion---$506
Total Functional Expenses$0$0$0$360,400
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$50,004
Total Nondeductible Lobbying and Political Cost$50,004
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy will be available for review.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Builders Association of Minnesota
EIN
41-6172655
Phone
6516467959
Address
161 RONDO AVE SUITE 823, ST PAUL, MN 55103

Signing Officer

Name
Grace Keliher
Title
Exec. Vice President
Phone
6516467959
Signed
2025-11-17

Organization Details

Principal Officer
Grace Keliher
Formed
1987
Legal Domicile
Mn
Voting Board Members
14
Independent Board Members
14
Employees
2
Volunteers
30

Preparer

Firm
Ea Accounting Ltd
Address
813 S POKEGAMA AVE STE 1, GRAND RAPIDS, MN 55744-3934
Preparer
Megan M Lefebvre
Phone
2183272474
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To advance and protect the welfare of the housing industry, to encourage the continual improvement of building techniques and practices and to associate individuals and firms for the purpose of mutual advantages and co-operation.

Form 990, Part IX, Line 11G

Legislative monitoring 27,504 0 0 other professional services 27,504 0 0 code consulting 1,750 0 0 total 56,758 0 0

Raw XML Appendix325 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
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXEC. VICE P
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT EL
IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER/BD
IRS990/Form990PartVIISectionAGrp/TitleTxt5BUILD PAC TR
IRS990/Form990PartVIISectionAGrp/TitleTxt6NAHB REP
IRS990/Form990PartVIISectionAGrp/TitleTxt7BUILDER VICE
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IRS990/PYProgramServiceRevenueAmt0263141
IRS990/PYRevenuesLessExpensesAmt0-73401
IRS990/PYSalariesCompEmpBnftPaidAmt0170824
IRS990/PYTotalExpensesAmt0407282
IRS990/PYTotalRevenueAmt0333881
IRS990/ReconcilationRevenueExpnssAmt0-73519
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0816551
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0748179
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AggregateReportedDuesNtcAmt049453
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/DuesAssessmentsAmt0206831
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt050004
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt050004
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleC/TaxableAmt0551
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011045
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011045
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ADVANCE AND PROTECT THE WELFARE OF THE HOUSING INDUSTRY, TO ENCOURAGE THE CONTINUAL IMPROVEMENT OF BUILDING TECHNIQUES AND PRACTICES AND TO ASSOCIATE INDIVIDUALS AND FIRMS FOR THE PURPOSE OF MUTUAL ADVANTAGES AND CO-OPERATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY WILL BE AVAILABLE FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LEGISLATIVE MONITORING 27,504 0 0 OTHER PROFESSIONAL SERVICES 27,504 0 0 CODE CONSULTING 1,750 0 0 TOTAL 56,758 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0892538
IRS990/TotalAssetsEOYAmt0794693
IRS990/TotalAssetsGrp/BOYAmt0892538
IRS990/TotalAssetsGrp/EOYAmt0794693
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0360400
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0419195
IRS990/TotalLiabilitiesEOYAmt0394869
IRS990/TotalLiabilitiesGrp/BOYAmt0419195
IRS990/TotalLiabilitiesGrp/EOYAmt0394869
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0473343
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0399824
IRS990/TotalProgramServiceRevenueAmt0218123
IRS990/TotalReportableCompFromOrgAmt0125250
IRS990/TotalRevenueGrp/ExclusionAmt057824
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0229057
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0286881
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0892538
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0794693
IRS990/TravelGrp/TotalAmt0910
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01096 IVY HILL DRIVE
IRS990/USAddress/CityNm0SAINT PAUL
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055118
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0WWW.BAMN.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GRACE KELIHER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXEC. VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06516467959
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BUILDERS ASSOCIATION OF MINNESOTA
ReturnHeader/Filer/BusinessNameControlTxt0BUIL
ReturnHeader/Filer/EIN0416172655
ReturnHeader/Filer/PhoneNum06516467959
ReturnHeader/Filer/USAddress/AddressLine1Txt0161 RONDO AVE SUITE 823
ReturnHeader/Filer/USAddress/CityNm0ST PAUL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055103
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411506785
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EA ACCOUNTING LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0813 S POKEGAMA AVE STE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRAND RAPIDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0557443934
ReturnHeader/PreparerPersonGrp/PhoneNum02183272474
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MEGAN M LEFEBVRE
ReturnHeader/ReturnTs02025-11-17T15:16:24-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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