SOUTHWESTERN INDIANA BUILDERS ASSN INC (EIN 351117068) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1951

Legal Domicile

Principal Officer

SCOTT BOWMAN

Tax Period

2023-01-01 to 2023-12-31

SOUTHWESTERN INDIANA BUILDERS ASSN INC, founded in 1951, is a small nonprofit that reported $271K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $313K exceeded revenue, resulting in a 15% operating deficit.

Mission

AS AN ASSOCIATION OF BUILDING INDUSTRY PROFESSIONALS, TO SERVE SOUTHWEST INDIANA BY PROMOTING SAFE AND AFFORDABLE HOUSING

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $82,268

Investment Income $1,903

Other Revenue $187,232

TOTAL REVENUE $271,403

Expense Breakdown

Grants Paid $4,750

Salaries & Benefits $219,646

Fundraising Expenses $0

Program Expenses $31,846

Other Expenses $88,376

TOTAL EXPENSES $312,772

Year-over-Year Comparison

	2023	2022	Change
Revenue	$271,403	$243,119	+0.1%
Expenses	$312,772	$304,352	+0.0%
Net Income	$-41,369	$-61,233	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM PEDTKE	EXECUTIVE DIRECTOR	40.00	Highest	$148,675	$0	$148,675
SEAN MILLER	DIRECTOR	1.00	Director	$0	$0	$0
DG ASAY	DIRECTOR	1.00	Director	$0	$0	$0
JEFF LANCASTER	DIRECTOR	1.00	Director	$0	$0	$0
BRYCE MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
JIM MORLEY	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER WHITFIELD	DIRECTOR	1.00	Director	$0	$0	$0
MATT REINBRECHT	DIRECTOR	1.00	Director	$0	$0	$0
DANNY BAYER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID FINNERTY	DIRECTOR	1.00	Director	$0	$0	$0
MIKE CONTI	DIRECTOR	1.00	Director	$0	$0	$0
ROCHELLE FICHTER	DIRECTOR	1.00	Director	$0	$0	$0
CHIP DORMEIER	DIRECTOR	1.00	Director	$0	$0	$0
MARK MAYFIELD	VICE PRESIDENT	2.00	Officer	$0	$0	$0
SCOTT BOWMAN	PRESIDENT	5.00	Officer	$0	$0	$0
COUGAR MARTIN	IMMEDIATE PAST PRESIDENT	2.00	Officer	$0	$0	$0
MACKENSEY MAYER	SECRETARY	1.00	Officer	$0	$0	$0
MIKE ZEHNER	IBA LIAISON	1.00	Officer	$0	$0	$0
MARK MERKEL	TREASURER	2.00	Officer	$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
2024	No data	No data	No data	No data
2023	$271,403	$312,772	$174,295	$-41,369
2022	$243,119	$304,352	$215,585	$-61,233
2021	$310,219	$289,773	$276,792	$20,446
2020	$246,336	$277,746	$256,616	$-31,410
2019	$383,831	$385,823	$288,032	$-1,992
2018	$395,286	$372,610	$290,021	$22,676

SOUTHWESTERN INDIANA BUILDERS ASSN INC