Civic Intelligence

Masonry Institute of Iowa

EIN 42-1146129 • 501(c)6 • Johnston, IA

Profile

To provide service, leadership, education, and promotion in support of its members and the masonry field.

PO Box 393Johnston, IA 50131

www.masonryinstituteofiowa.org

Siviq Scores

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

Liabilities / Assets

64th percentile

0.03x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.07x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

57th percentile

4.4%

Higher net margin than 57% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$75,734

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 52.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

49th percentile

-2.0%

Faster asset growth than 49% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

5.7%

Faster revenue growth than 61% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$378,097

Down $7,720 (-2.0%) from 2023

Liabilities

Down

$9,611

Down $4,670 (-33%) from 2023

Net Assets

Down

$368,486

Down $3,050 (-0.8%) from 2023

Revenue

Up

$145,754

Up $7,860 (+5.7%) from 2023

Expenses

Down

$139,341

Down $17,450 (-11%) from 2023

Net Income

Up

$6,413

Up $25,310 (+134%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $325,394Liabilities 2011: $1,0332011Assets 2012: $358,956Liabilities 2012: $1,0612012Assets 2013: $357,323Liabilities 2013: $1,1332013Assets 2014: $380,376Liabilities 2014: $10,6612014Assets 2015: $327,830Liabilities 2015: $3,114Net Assets 2015: $324,7162015Assets 2016: $342,746Liabilities 2016: $9,9512016Assets 2017: $361,122Liabilities 2017: $4,645Net Assets 2017: $356,4772017Assets 2018: $386,874Liabilities 2018: $7,695Net Assets 2018: $379,1792018Assets 2019: $389,630Liabilities 2019: $11,522Net Assets 2019: $378,1082019Assets 2020: $443,957Liabilities 2020: $21,731Net Assets 2020: $422,2262020Assets 2021: $447,306Liabilities 2021: $20,553Net Assets 2021: $426,7532021Assets 2022: $401,254Liabilities 2022: $19,146Net Assets 2022: $382,1082022Assets 2023: $385,817Liabilities 2023: $14,281Net Assets 2023: $371,5362023Assets 2024: $378,097Liabilities 2024: $9,611Net Assets 2024: $368,4862024

Highlighted filing

2024

Assets$378,097
Liabilities$9,611
Net Assets$368,486

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $113,825Expenses 2011: $105,538Net Income 2011: $8,2872011Revenue 2012: $118,809Expenses 2012: $102,133Net Income 2012: $16,6762012Revenue 2013: $100,474Expenses 2013: $105,446Net Income 2013: -$4,9722013Revenue 2014: $122,085Expenses 2014: $118,584Net Income 2014: $3,5012014Revenue 2015: $107,298Expenses 2015: $145,076Net Income 2015: -$37,7782015Revenue 2016: $126,811Expenses 2016: $106,335Net Income 2016: $20,4762016Revenue 2017: $140,026Expenses 2017: $121,150Net Income 2017: $18,8762017Revenue 2018: $154,343Expenses 2018: $128,391Net Income 2018: $25,9522018Revenue 2019: $129,960Expenses 2019: $140,303Net Income 2019: -$10,3432019Revenue 2020: $168,497Expenses 2020: $130,232Net Income 2020: $38,2652020Revenue 2021: $142,634Expenses 2021: $138,669Net Income 2021: $3,9652021Revenue 2022: $136,876Expenses 2022: $151,220Net Income 2022: -$14,3442022Revenue 2023: $137,894Expenses 2023: $156,791Net Income 2023: -$18,8972023Revenue 2024: $145,754Expenses 2024: $139,341Net Income 2024: $6,4132024

Highlighted filing

2024

Revenue$145,754
Expenses$139,341
Net Income$6,413

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.78$0.10$3.68$1.46$1.39$0.06
2023Summary only. Only limited summary data is available for this year.$3.86$0.14$3.72$1.38$1.57$0.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.01$0.19$3.82$1.37$1.51$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.47$0.21$4.27$1.43$1.39$0.04
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.44$0.22$4.22$1.68$1.30$0.38
2019Summary only. Only limited summary data is available for this year.$3.90$0.12$3.78$1.30$1.40$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.87$0.08$3.79$1.54$1.28$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.61$0.05$3.56$1.40$1.21$0.19
2016Summary only. Only limited summary data is available for this year.$3.43$0.10$1.27$1.06$0.20
2015Detailed filing. Detailed filing data is available for this year.$3.28$0.03$3.25$1.07$1.45$0.38
2014Summary only. Only limited summary data is available for this year.$3.80$0.11$1.22$1.19$0.04
2013Summary only. Only limited summary data is available for this year.$3.57$0.01$1.00$1.05$0.05
2012Summary only. Only limited summary data is available for this year.$3.59$0.01$1.19$1.02$0.17
2011Summary only. Only limited summary data is available for this year.$3.25$0.01$1.14$1.06$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$145,754
Mission and Program Overview

Mission

To provide service, leadership, education, and promotion in support of its members and the masonry field.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$371,536$368,486▼ $3,050
Savings and Temporary Cash Investments$330,443$344,177▲ $13,734
Cash and Non-Interest-Bearing Accounts$44,461$31,467▼ $12,994
Prepaid Expenses and Deferred Charges$3,008$2,281▼ $727
Land, Buildings, and Equipment, Net$7,905$172▼ $7,733
Total Assets$385,817$378,097▼ $7,720
Liabilities
Accounts Payable and Accrued Expenses$8,981$6,251▼ $2,730
Deferred Revenue$5,300$3,360▼ $1,940
Total Liabilities$14,281$9,611▼ $4,670
Net Assets / Fund Balance
Total Net Assets Fund Balance$371,536$368,486▼ $3,050
Total Liabilities and Net Assets / Fund Balance$385,817$378,097▼ $7,720

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$-6,464$45,408$38,944
Other Land Buildings$6,636-$6,636
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer IrlmeierExecutive DirectorFT$66,485$9,249$75,734

Board Members and Trustees

NameTitle
Matt BansePresident
Andy WardVice President
Brad BunnDirector
Jim CappaertDirector
John ThieleDirector
Nick BuschDirector
Ray LemkeDirector
Rob Van HeeswykDirector
Scott EllingsonDirector
Ed ElyAdvisor
Jason AtwoodAdvisor
Jon VanceAdvisor
Zach StuartAdvisor
Ron HopkinsSecretary
Alan BoddickerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$131,517
Investment Income
$13,912
Other Revenue
$325
Change in Net Assets
$6,413
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$80,904
Other Expenses$58,437
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$66,485--$66,485
Fees for Services Accounting$8,950--$8,950
All Other Expenses$8,073--$8,073
Depreciation Depletion$7,735--$7,735
Other Employee Benefits$6,974--$6,974
Conferences and Meetings$6,534--$6,534
Travel$6,226--$6,226
Other Expenses$5,201--$5,201
Payroll Taxes$5,170--$5,170
Office Expenses$5,076--$5,076
Pension Plan Contributions$2,275--$2,275
Insurance$1,326--$1,326
Advertising$424--$424
Total Functional Expenses$139,341$0$0$139,341
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes

Governance Explanations

Management duties delegation Part VI line 3

The Organization has delegated control of management duties to Diversified Management Services, Inc

Members or stockholder classes and rights Part VI line 6

The Organization shall have three classes of membership: Active Members, Associate Members, and Design Partner Members. Active Members shall include any masonry contractors, brick manufacturers, brick distributors, block manufacturers, stone manufacturers, or mortar material suppliers performing business or trade under division four in the state of Iowa. Associate Members shall be any other person, firm, corporation, trust, or association having an interest in the purpose and objectives of the Institute.

Member election for additional members Part VI line 7A

Every member admitted by the Institute shall be duly notified to that effect by the Institute adn shall be enrolled by the executive director of the Institute and such membership shall be announced at the next regular meeting of the Institute and in its next official publication.

Governing body decisions Part VI line 7B

During meetings all decision are decided by a majority vote of those present and eligible to vote, unless otherwise required by the Institutes bylaws.

Form 990 governing body review Part VI line 11

The 990 is presented during a meeting where the board reviews and approves the 990 prior to filing.

Conflict of interest policy compliance Part VI line 12C

The conflict of interest policy is read through at every meeting and is also included in the board packets. Once a year, the board members update their conflicts of interest statement.

CEO executive director top management comp Part VI line 15A

Compensation for the executive director is approved by the board of directors, who are all independent for compensation purposes. Comparable outside information is used when determining compensation and dicussion and deliberation is documented in the minutes.

Governing documents etc available to public Part VI line 19

The bylaws are posted on the Masonry Institute of Iowa website. This document is available for the same period of time as described in Internal Revenue code section 6104(D) for other public disclosure documents.

Filing and Contact Details

Filer

Filer Name
Masonry Institute of Iowa
EIN
42-1146129
In Care Of
% Matt Banse
Phone
5152520637
Address
PO Box 393, Johnston, IA 50131

Signing Officer

Name
Matt Banse
Title
President
Phone
5152520637
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
1978
Legal Domicile
Ia
Voting Board Members
0
Independent Board Members
0
Employees
1

Preparer

Firm
Abacus Accounting LLC
Address
3839 Merle Hay Rd Ste 252, Des Moines, IA 50310
Preparer
Mirna Ruby CPA
Phone
5152007831
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
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IRS990/MissionDesc0To provide service, leadership, education, and promotion in support of its members and the masonry field.
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization has delegated control of management duties to Diversified Management Services, Inc
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization shall have three classes of membership: Active Members, Associate Members, and Design Partner Members. Active Members shall include any masonry contractors, brick manufacturers, brick distributors, block manufacturers, stone manufacturers, or mortar material suppliers performing business or trade under division four in the state of Iowa. Associate Members shall be any other person, firm, corporation, trust, or association having an interest in the purpose and objectives of the Institute.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Every member admitted by the Institute shall be duly notified to that effect by the Institute adn shall be enrolled by the executive director of the Institute and such membership shall be announced at the next regular meeting of the Institute and in its next official publication.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3During meetings all decision are decided by a majority vote of those present and eligible to vote, unless otherwise required by the Institutes bylaws.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The 990 is presented during a meeting where the board reviews and approves the 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The conflict of interest policy is read through at every meeting and is also included in the board packets. Once a year, the board members update their conflicts of interest statement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Compensation for the executive director is approved by the board of directors, who are all independent for compensation purposes. Comparable outside information is used when determining compensation and dicussion and deliberation is documented in the minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The bylaws are posted on the Masonry Institute of Iowa website. This document is available for the same period of time as described in Internal Revenue code section 6104(D) for other public disclosure documents.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Management duties delegation Part VI line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Governing documents etc available to public Part VI line 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Masonry Instutute of Iowa
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Iowa Masonry Educational Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0710952912
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Education
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO Box 393
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Johnston
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd050131
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IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Iowa Masonry Educational Foundation
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1Iowa Masonry Educational Foundation
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2Iowa Masonry Educational Foundation
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