Civic Intelligence

Western Building Material Assoc

EIN 91-0469200 • 501(c)6 • Olympia, WA

Profile

Wbma works as an active force for the exchange of ideas and creates a network for retailers and suppliers, provides education and training, and serves as a group advocate for the building materials distribution industry.

PO Box 1699Olympia, WA 98507

www.wbma.org

Siviq Scores

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

Liabilities / Assets

25th percentile

0.02x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.06x

Higher debt load relative to revenue than 33% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

59th percentile

7.1%

Higher net margin than 59% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

61st percentile

$171,486

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 30.2% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

46th percentile

4.2%

Faster asset growth than 46% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-1.0%

Faster revenue growth than 30% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,718,069

Up $68,776 (+4.2%) from 2023

Liabilities

Down

$32,906

Down $9,955 (-23%) from 2023

Net Assets

Up

$1,685,163

Up $78,731 (+4.9%) from 2023

Revenue

Down

$567,359

Down $6,020 (-1.0%) from 2023

Expenses

Down

$527,208

Down $15,765 (-2.9%) from 2023

Net Income

Up

$40,151

Up $9,745 (+32%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $859,769Liabilities 2011: $99,190Net Assets 2011: $760,5792011Assets 2012: $690,319Liabilities 2012: $70,294Net Assets 2012: $620,0252012Assets 2013: $621,158Liabilities 2013: $61,482Net Assets 2013: $559,6762013Assets 2014: $622,447Liabilities 2014: $92,115Net Assets 2014: $530,3322014Assets 2015: $602,919Liabilities 2015: $98,366Net Assets 2015: $504,5532015Assets 2017: $610,857Liabilities 2017: $52,990Net Assets 2017: $557,8672017Assets 2018: $602,640Liabilities 2018: $61,249Net Assets 2018: $541,3912018Assets 2019: $620,293Liabilities 2019: $65,352Net Assets 2019: $554,9412019Assets 2020: $627,552Liabilities 2020: $62,333Net Assets 2020: $565,2192020Assets 2021: $758,001Liabilities 2021: $84,022Net Assets 2021: $673,9792021Assets 2022: $1,618,686Liabilities 2022: $67,363Net Assets 2022: $1,551,3232022Assets 2023: $1,649,293Liabilities 2023: $42,861Net Assets 2023: $1,606,4322023Assets 2024: $1,718,069Liabilities 2024: $32,906Net Assets 2024: $1,685,1632024

Highlighted filing

2024

Assets$1,718,069
Liabilities$32,906
Net Assets$1,685,163

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $210,115Expenses 2011: $252,058Net Income 2011: -$41,9432011Expenses 2012: $314,6572012Expenses 2013: $301,0952013Revenue 2014: $287,469Expenses 2014: $321,746Net Income 2014: -$34,2772014Revenue 2015: $316,987Expenses 2015: $327,862Net Income 2015: -$10,8752015Revenue 2017: $451,617Expenses 2017: $445,230Net Income 2017: $6,3872017Revenue 2018: $516,841Expenses 2018: $482,974Net Income 2018: $33,8672018Revenue 2019: $533,188Expenses 2019: $512,948Net Income 2019: $20,2402019Revenue 2020: $508,752Expenses 2020: $480,587Net Income 2020: $28,1652020Revenue 2021: $456,670Expenses 2021: $417,851Net Income 2021: $38,8192021Revenue 2022: $1,501,885Expenses 2022: $480,805Net Income 2022: $1,021,0802022Revenue 2023: $573,379Expenses 2023: $542,973Net Income 2023: $30,4062023Revenue 2024: $567,359Expenses 2024: $527,208Net Income 2024: $40,1512024

Highlighted filing

2024

Revenue$567,359
Expenses$527,208
Net Income$40,151

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.03$1.69$0.57$0.53$0.04
2023Summary only. Only limited summary data is available for this year.$1.65$0.04$1.61$0.57$0.54$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$0.07$1.55$1.50$0.48$1.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.08$0.67$0.46$0.42$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.06$0.57$0.51$0.48$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.07$0.55$0.53$0.51$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.06$0.54$0.52$0.48$0.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.05$0.56$0.45$0.45$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.60$0.10$0.50$0.32$0.33$0.01
2014Summary only. Only limited summary data is available for this year.$0.62$0.09$0.53$0.29$0.32$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.06$0.56$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.07$0.62$0.31
2011Summary only. Only limited summary data is available for this year.$0.86$0.10$0.76$0.21$0.25$0.04
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2017 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 19, 2018
Return Version
2016v3.0
Gross Receipts
$499,935
Mission and Program Overview

Mission

Wbma works as an active force for the exchange of ideas and creates a network for retailers and suppliers, provides education and training, and serves as a group advocate for the building materials distribution industry.

To connect and educate members, and promote the interests of the lumber and building materials distribution industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$345,023$375,275▲ $30,252
Investments Other Securities$107,908$107,851▼ $57
Land, Buildings, and Equipment, Net$74,706$66,536▼ $8,170
Cash and Non-Interest-Bearing Accounts$26,394$32,617▲ $6,223
Accounts Receivable$6,915$15,536▲ $8,621
Prepaid Expenses and Deferred Charges$700$10,162▲ $9,462
Inventories for Sale or Use-$2,880-
Total Assets$561,646$610,857▲ $49,211
Liabilities
Deferred Revenue$50,585$47,295▼ $3,290
Accounts Payable and Accrued Expenses$43,757$5,695▼ $38,062
Total Liabilities$94,342$52,990▼ $41,352
Net Assets / Fund Balance
Unrestricted Net Assets$467,304$557,867▲ $90,563
Total Net Assets Fund Balance$467,304$557,867▲ $90,563
Total Liabilities and Net Assets / Fund Balance$561,646$610,857▲ $49,211

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$48,099$132,591$180,690
Buildings$0$107,600$107,600
Land$18,437-$18,437
Other Securities$4,360--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Stephanie MastersOffice ManagerFT$63,807$63,807

Board Members and Trustees

NameTitle
Bruce AbelInvestment Commitee Chair
Charley MillerImmediate Past President
Kimberly AkrePresident
Brett LamarVice President
Trent WithersVice President
Ben Nesemeierdirector
Bill KrautDirector
Christina TremperDirector
Dana Cowartdirector
David ShandaDirector
David StordahlDirector
Jason CristDirector
Jeff Manchenidirector
Jeff Newenhofdirector
Justin BoyerDirector
Kelly FoxDirector
Matt Bettilyondirector
Matt PetersenDirector
Phil SchumockDirector
Rick JensenDirector
Rick Lierzdirector
Rod HughesDirector
Ryan Klinedirector
Scott Munsondirector
Tad Vandergrienddirector
Tom BoydDirector
Casey VoorheesExecutive Director

Highest Paid Contractors

ContractorServicesLocationCompensation
Western Association Services INCManagement ServicesPO BOX 1699, Olympia, WA 98507$123,537
Revenue and Support

Revenue Composition

Contributions and Grants
$17,259
Program Service Revenue
$384,521
Investment Income
$19,184
Other Revenue
$30,653
Change in Net Assets
$6,387
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$326,629
Salaries, Compensation, and Employee Benefits$118,601
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$119,426
Fees for Services Management---$106,537
Current Officers, Directors, Trustees, and Key Employees---$104,280
Occupancy---$14,646
Office Expenses---$9,726
Payroll Taxes---$8,495
Fees for Services Legal---$8,244
Other Employee Benefits---$5,826
All Other Expenses---$4,672
Fees for Services Other---$4,300
Insurance---$3,378
Fees for Service Investment Mgmnt Fees---$3,028
Depreciation Depletion---$2,972
Other Expenses---$2,411
Total Functional Expenses$0$0$0$445,230
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

Management of the association has been delegated to a management company- western association services, inc. (related company that is a wholly owned subsidiary of western building material association.)

Form 990, Part VI, Section A, line 6

The organization is composed of members.

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

The members elect the board of directors.

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

A copy of the form 990 is approved by the executive director prior to filing with the service. A copy is provided to the board members upon request.

Form 990, Part VI, Section B, line 12

Each board member is required to review the conflict of interest policy when they are first appointed and sign an acknowledgement that they will abide by it.

Form 990, Part VI, Section B, line 15

The executive committee of the board approves the executive director's compensation. The executive director approves the corporate secretary's compensation.

Form 990, Part VI, Section C, line 19

The organization makes its governing documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Western Building Material Assoc
EIN
91-0469200
Phone
8885519262
Address
PO Box 1699, Olympia, WA 98507

Signing Officer

Name
Casey Voorhees
Title
Executive Director
Phone
8885519262
Signed
2018-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Casey Voorhees
Formed
1944
Legal Domicile
Wa
Voting Board Members
26
Independent Board Members
26
Employees
3
Volunteers
0

Preparer

Firm
Vine Dahlen PLLC
Address
3500 188th Street SW Ste 322, Lynnwood, WA 98037
Preparer
Kimberly D Fyfe CPA
Phone
4257716055
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

change in investments in subsidiary -424. Distributions from subsidiary 70,488.

Financial Statement Notes

Part X, Line 2:

WBMA IS A TAX-EXEMPT ORGANIZATION REGISTERED WITH THE INTERNAL REVENUE SERVICE AND HAS BEEN GRANTED EXEMPTION FROM FEDERAL INCOME TAXES UNDER IRS CODE SECTION 501(C)(6). THE SUBSIDIARY IS A FOR-PROFIT CORPORATION AND IS SUBJECT TO FEDERAL INCOME TAXES. INCOME TAXES ARE PROVIDED FOR THE TAX EFFECTS OF TRANSACTIONS REPORTED IN THE FINANCIAL STATEMENTS AND CONSIST OF TAXES CURRENTLY DUE PLUS DEFERRED TAXES RELATED PRIMARILY TO DIFFERENCES BETWEEN THE BASES OF CERTAIN ASSETS AND LIABILITIES FOR FINANCIAL AND TAX REPORTING. THE DEFERRED TAXES REPRESENT THE FUTURE TAX RETURN CONSEQUENCES OF THOSE DIFFERENCES, WHICH WILL EITHER BE TAXABLE OR DEDUCTIBLE WHEN THE ASSETS AND LIABILITIES ARE RECOVERED OR SETTLED. The Association files its tax returns annually which are subject to examination by the Internal Revenue Service. The Association would recognize accrued interest and penalties associated with uncertain tax provisions, if any, as part of the income tax provision.

Raw XML AppendixShowing 400 of 599 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt043757
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05695
IRS990/AccountsReceivableGrp/BOYAmt06915
IRS990/AccountsReceivableGrp/EOYAmt015536
IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO CONNECT AND EDUCATE MEMBERS, AND PROMOTE THE INTERESTS OF THE LUMBER AND BUILDING MATERIALS DISTRIBUTION INDUSTRY.
IRS990/AllOtherExpensesGrp/TotalAmt04672
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0The Organization
IRS990/BooksInCareOfDetail/PhoneNum03609433054
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 1699
IRS990/BooksInCareOfDetail/USAddress/CityNm0Olympia
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd098507
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt026394
IRS990/CashNonInterestBearingGrp/EOYAmt032617
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0104280
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt0119426
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0123537
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 1699
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0OLYMPIA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0WA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd098507
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0WESTERN ASSOCIATION SERVICES INC
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT SERVICES
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IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt017259
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt019184
IRS990/CYOtherExpensesAmt0326629
IRS990/CYOtherRevenueAmt030653
IRS990/CYProgramServiceRevenueAmt0384521
IRS990/CYRevenuesLessExpensesAmt06387
IRS990/CYSalariesCompEmpBnftPaidAmt0118601
IRS990/CYTotalExpensesAmt0445230
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0451617
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt050585
IRS990/DeferredRevenueGrp/EOYAmt047295
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/TotalAmt02972
IRS990/Desc0PROVIDES EDUCATION, INSURANCE, MANAGEMENT CONSULTING SUPPORT, AND LITERATURE FOR MEMBERS WHICH ARE COMPANIES IN THE BUILDING MATERIALS SUPPLY INDUSTRY. APPROXIMATELY 359 MEMBERS SERVED.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/TotalAmt08244
IRS990/FeesForServicesManagementGrp/TotalAmt0106537
IRS990/FeesForServicesOtherGrp/TotalAmt04300
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt03028
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IRS990/ForeignFinancialAccountInd00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd24X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2614567
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt276187
IRS990/Form990PartVIISectionAGrp/PersonNm0Charley Miller
IRS990/Form990PartVIISectionAGrp/PersonNm1Kimberly Akre
IRS990/Form990PartVIISectionAGrp/PersonNm2Bruce Abel
IRS990/Form990PartVIISectionAGrp/PersonNm3David Shanda
IRS990/Form990PartVIISectionAGrp/PersonNm4Tom Boyd
IRS990/Form990PartVIISectionAGrp/PersonNm5Justin Boyer
IRS990/Form990PartVIISectionAGrp/PersonNm6Christina Tremper
IRS990/Form990PartVIISectionAGrp/PersonNm7Jason Crist
IRS990/Form990PartVIISectionAGrp/PersonNm8Kelly Fox
IRS990/Form990PartVIISectionAGrp/PersonNm9Rod Hughes
IRS990/Form990PartVIISectionAGrp/PersonNm10Rick Jensen
IRS990/Form990PartVIISectionAGrp/PersonNm11Bill Kraut
IRS990/Form990PartVIISectionAGrp/PersonNm12Brett Lamar
IRS990/Form990PartVIISectionAGrp/PersonNm13Jeff Mancheni
IRS990/Form990PartVIISectionAGrp/PersonNm14Scott Munson
IRS990/Form990PartVIISectionAGrp/PersonNm15Jeff Newenhof
IRS990/Form990PartVIISectionAGrp/PersonNm16Matt Petersen
IRS990/Form990PartVIISectionAGrp/PersonNm17Phil Schumock
IRS990/Form990PartVIISectionAGrp/PersonNm18David Stordahl
IRS990/Form990PartVIISectionAGrp/PersonNm19Trent Withers
IRS990/Form990PartVIISectionAGrp/PersonNm20Ryan Kline
IRS990/Form990PartVIISectionAGrp/PersonNm21Rick Lierz
IRS990/Form990PartVIISectionAGrp/PersonNm22Ben Nesemeier
IRS990/Form990PartVIISectionAGrp/PersonNm23Dana Cowart
IRS990/Form990PartVIISectionAGrp/PersonNm24Tad Vandergriend
IRS990/Form990PartVIISectionAGrp/PersonNm25Matt Bettilyon
IRS990/Form990PartVIISectionAGrp/PersonNm26Casey Voorhees
IRS990/Form990PartVIISectionAGrp/PersonNm27STEPHANIE MASTERS
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Immediate Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Investment Commitee Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
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/TitleTxt12Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt13director
IRS990/Form990PartVIISectionAGrp/TitleTxt14director
IRS990/Form990PartVIISectionAGrp/TitleTxt15director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt20director
IRS990/Form990PartVIISectionAGrp/TitleTxt21director
IRS990/Form990PartVIISectionAGrp/TitleTxt22director
IRS990/Form990PartVIISectionAGrp/TitleTxt23director
IRS990/Form990PartVIISectionAGrp/TitleTxt24director
IRS990/Form990PartVIISectionAGrp/TitleTxt25director
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