METROPOLITAN BUILDERS ASSOCIATION OF GREATER MILWAUKEE INC

EIN: 390743789

WAUKESHA, WI

Total Revenue
$1,545,986
Total Expenses
$1,528,537
Total Assets
$2,367,825
Net Assets
$1,564,750
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1945
Legal Domicile
WI
Principal Officer
KATHLEEN RAAB
Phone
2624361122
Tax Period
2023-01-01 to 2023-12-31

METROPOLITAN BUILDERS ASSOCIATION OF GREATER MILWAUKEE INC, founded in 1945, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023.

Mission

THE METROPOLITAN BUILDERS ASSOCIATION SPEAKS WITH A SINGLE VOICE REPRESENTING THE INTERESTS OF MEMBERS IN THE HOME BUILDING INDUSTRY; WE OFFER SERVICES THAT BENEFIT THE MEMBERS' PROFESSIONALISM AND THEIR ABILITY TO PROVIDE THE HIGHEST QUALITY SERVICE TO THEIR CLIENTS.

Program Service Accomplishments

Program 1

THE ASSOCIATION SPONSORS A PARADE OF HOMES EVENT FOR THE GENERAL PUBLIC OFFERING AN OPPORTUNITY TO VIEW MODEL HOMES AT DIFFERENT SITES OVER SEVERAL DAYS AT THE END OF THE SUMMER. APPROXIMATELY 21,000...

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THE ASSOCIATION SPONSORS A PARADE OF HOMES EVENT FOR THE GENERAL PUBLIC OFFERING AN OPPORTUNITY TO VIEW MODEL HOMES AT DIFFERENT SITES OVER SEVERAL DAYS AT THE END OF THE SUMMER. APPROXIMATELY 21,000 ATTENDED THIS YEAR'S PARADE OF HOMES.

Program 2

THE ASSOCIATION SPONSORS A HOME BUILDING & REMODELING SHOW, A WEEKEND EVENT IN JANUARY FOR THE GENERAL PUBLIC OFFERING BOOTHS AND DISPLAYS SHOWCASING VARIOUS ACTIVITIES RELATED TO THE BUILDING TRADE...

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THE ASSOCIATION SPONSORS A HOME BUILDING & REMODELING SHOW, A WEEKEND EVENT IN JANUARY FOR THE GENERAL PUBLIC OFFERING BOOTHS AND DISPLAYS SHOWCASING VARIOUS ACTIVITIES RELATED TO THE BUILDING TRADE. APPROXIMATELY 5,100 ATTENDED THIS YEAR'S HOME BUILDING & REMODELING SHOW.

Program 3

VARIOUS MEMBER FUNCTIONS AND ACTIVITIES ARE PROVIDED TO MEMBERS IN THE MILWAUKEE METROPOLITAN AREA. APPROXIMATELY 162 BUILDER MEMBERS AND 475 ASSOCIATE OR AFFILIATE MEMBERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $18,796
Program Service Revenue $1,259,628
Investment Income $30,236
Other Revenue $237,326
TOTAL REVENUE $1,545,986

Expense Breakdown

Grants Paid $1,563
Salaries & Benefits $570,627
Fundraising Expenses $0
Other Expenses $956,347
TOTAL EXPENSES $1,528,537

Year-over-Year Comparison

2023 2022 Change
Revenue $1,545,986 $1,546,971 0.0%
Expenses $1,528,537 $1,498,900 +0.0%
Net Income $17,449 $48,071 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
8
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
4
$167,397
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID ROEMBKE PRESIDENT 5.00
Officer Director
$0 $0 $0
DEAN FREDERICK PRESIDENT ELECT 5.00
Officer Director
$0 $0 $0
JOSEPH MEYER SECRETARY/TREASURER 5.00
Officer Director
$0 $0 $0
SUSAN KEEL DIRECTOR 5.00
Director
$0 $0 $0
DARYL PRUSOW DIRECTOR 5.00
Director
$0 $0 $0
RYAN KRUEGER DIRECTOR 5.00
Director
$0 $0 $0
GREG SCHAFFER DIRECTOR 5.00
Director
$0 $0 $0
STEVE DECLEENE DIRECTOR 5.00
Director
$0 $0 $0
DAVID MIHALOVICH DIRECTOR 5.00
Director
$0 $0 $0
JOHN JEWELL DIRECTOR 5.00
Director
$0 $0 $0
MATT SEITZ DIRECTOR 5.00
Director
$0 $0 $0
KATHLEEN RAAB EXECUTIVE DIRECTOR 40.00
Officer
$159,012 $8,385 $167,397
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 $1,545,986 $1,528,537 $2,367,825 $17,449
2022 $1,546,971 $1,498,900 $2,200,798 $48,071
2021 $1,607,081 $1,386,049 $2,027,671 $221,032
2020 $1,333,556 $1,372,352 $1,818,847 $-38,796
2019 $1,654,505 $1,715,605 $1,936,298 $-61,100
2018 $1,677,334 $1,708,089 $2,067,180 $-30,755
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