LOCAL 166 BUILDING CORPORATION

EIN: 351776725

FORT WAYNE, IN

Total Revenue
$1,594,992
Total Expenses
$570,026
Total Assets
$6,690,149
Net Assets
$5,141,681
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
IN
Principal Officer
KENT PROSSER
Phone
2604905696
Tax Period
2025-01-01 to 2025-12-31

LOCAL 166 BUILDING CORPORATION, founded in 1999, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2025. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 64% operating margin.

Mission

BUILDING CORPORATION

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,557,025
Investment Income $35,967
Other Revenue $2,000
TOTAL REVENUE $1,594,992

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $570,026
TOTAL EXPENSES $570,026

Year-over-Year Comparison

2025 2024 Change
Revenue $1,594,992 $1,134,769 +0.4%
Expenses $570,026 $538,233 +0.1%
Net Income $1,024,966 $596,536 +0.7%
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

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
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
6
$214,705
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENT PROSSER PRESIDENT 1.00
Officer
$0 $81,493 $204,612
TRAVIS COBURN DIRECTOR 1.00
Officer
$0 $762 $2,488
BRIAN MORENO RECORDING SECRETARY - PAST 1.00
Officer
$0 $0 $0
KURT PROSSER DIRECTOR 1.00
Officer
$0 $762 $2,647
JESS WAGNER DIRECTOR 1.00
Officer
$0 $932 $2,183
DOUGLAS SPIETH RECORDING SECRETARY - NEW 1.00
Officer
$0 $1,107 $2,775
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 $1,594,992 $570,026 $6,690,149 $1,024,966
2024 $1,134,769 $538,233 $5,520,944 $596,536
2023 $686,043 $553,541 $5,109,885 $132,502
2022 $710,247 $483,695 $5,157,067 $226,552
2021 $661,138 $493,770 $5,104,452 $167,368
2020 $586,459 $451,458 $4,778,757 $135,001
2019 $560,041 $444,659 $4,767,456 $115,382
2018 $539,954 $426,081 $4,731,834 $113,873
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