BUILDERS ASSOCIATION OF GREATER INDIANAPOLIS INC

EIN: 350799701

INDIANAPOLIS, IN

Total Revenue
$2,352,320
Total Expenses
$2,150,538
Total Assets
$4,046,275
Net Assets
$2,138,660
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
IN
Principal Officer
CHRIS HANCOCK
Phone
3172366330
Tax Period
2024-07-01 to 2025-06-30

BUILDERS ASSOCIATION OF GREATER INDIANAPOLIS INC, founded in 1946, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $2.2M left a modest 9% surplus.

Mission

TO PROMOTE THE RESIDENTIAL CONSTRUCTION INDUSTRY AND BUILDING TRADES IN INDIANAPOLIS AND THE SURROUNDING AREAS.

Program Service Accomplishments

Program 1

TO PROMOTE THE RESIDENTIAL CONSTRUCTION INDUSTRY AND BUILDING TRADES IN INDIANAPOLIS AND THE SURROUNDING AREAS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $418,357
Program Service Revenue $1,196,195
Investment Income $51,210
Other Revenue $686,558
TOTAL REVENUE $2,352,320

Expense Breakdown

Grants Paid $0
Salaries & Benefits $724,922
Fundraising Expenses $0
Other Expenses $1,425,616
TOTAL EXPENSES $2,150,538

Year-over-Year Comparison

2024 2023 Change
Revenue $2,352,320 $2,623,571 -0.1%
Expenses $2,150,538 $2,763,222 -0.2%
Net Income $201,782 $-139,651 -2.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
25
Independent Members
25
Employees
6
Volunteers
150

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
11
$304,531
Total Directors
31
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE LAINS CEO (RETIRED 4/4/2025) 40.00
Officer
$153,404 $18,333 $171,737
CHRIS HANCOCK CEO (STARTED 3/17/2025) 40.00
Officer
$0 $0 $0
ROSEMARY MANIFOLD CHIEF FINANCIAL OFFICER 40.00
Officer
$107,449 $25,345 $132,794
CHRISTIAN RECTOR PRESIDENT 1.00
Officer Director
$0 $0 $0
TATUM HILL PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
DOUG ELMORE 1ST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
PATRICK GRAY 2ND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
RYAN GELTZ SECRETARY 1.00
Officer Director
$0 $0 $0
GEOFF HOREN TREASURER 1.00
Officer Director
$0 $0 $0
TOM BEDSOLE PARLIAMENTARIAN 1.00
Director
$0 $0 $0
DON CHESNEY EX-OFFICIO 1.00
Director
$0 $0 $0
JOHN LAZARO JR MEMBER 1.00
Director
$0 $0 $0
PENNY SIML MEMBER 1.00
Director
$0 $0 $0
JEREMY ASH MEMBER 1.00
Director
$0 $0 $0
LISA MYERS MEMBER 1.00
Director
$0 $0 $0
ERIK ADAMS MEMBER 1.00
Director
$0 $0 $0
RIQUE MCPHERON MEMBER 1.00
Director
$0 $0 $0
KIM KELLY EX-OFFICIO 1.00
Director
$0 $0 $0
PATRICK SCOTT MEMBER 1.00
Director
$0 $0 $0
KAREN KARR MEMBER 1.00
Director
$0 $0 $0
HELEN METKEN EX-OFFICIO 1.00
Director
$0 $0 $0
JIM MORRIS EX-OFFICIO 1.00
Director
$0 $0 $0
JERROD KLEIN EX-OFFICIO 1.00
Director
$0 $0 $0
JEFF MORGAN MEMBER 1.00
Director
$0 $0 $0
TODD PYATT ADVOCACY REP 1.00
Director
$0 $0 $0
JOHN MCKENZIE MEMBER 1.00
Director
$0 $0 $0
RYAN LEE MEMBER 1.00
Director
$0 $0 $0
MICHAEL MERCHO MEMBER 1.00
Director
$0 $0 $0
TIM ECKERT MEMBER 1.00
Director
$0 $0 $0
GARY MCNUTT MEMBER 1.00
Director
$0 $0 $0
JASON ELLS MEMBER 1.00
Director
$0 $0 $0
ANDREW BRINDLEY MEMBER 1.00
Officer Director
$0 $0 $0
KEVIN MEANS MEMBER 1.00
Director
$0 $0 $0
JEFF LANGSTON MEMBER 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,352,320 $2,150,538 $4,046,275 $201,782
2024 $2,623,571 $2,763,222 $3,287,806 $-139,651
2023 $3,081,104 $2,949,288 $2,961,548 $131,816
2022 $2,790,757 $2,780,980 $2,611,670 $9,777
2021 $2,763,341 $2,304,220 $2,811,453 $459,121
2020 $1,339,671 $1,356,921 $2,183,175 $-17,250
2019 $1,538,080 $1,528,253 $1,954,135 $9,827
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