MASTER BUILDERS OF IOWA (EIN 420399720) - 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

1912

Legal Domicile

Principal Officer

CHAD KLEPPE

Phone

5156574397

Tax Period

2023-11-01 to 2024-10-31

MASTER BUILDERS OF IOWA, founded in 1912, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. Expenses of $3.3M exceeded revenue, resulting in a 83% operating deficit.

Mission

MASTER BUILDERS OF IOWA'S MISSION IS TO BE THE ESSENTIAL RESOURCE FOR IMPROVING MEMBER PERFORMANCE AND PROMOTING A BUSINESS ENVIRONMENT FAVORABLE TO THE CONSTRUCTION INDUSTRY.

🔒

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 $1,596,494

Investment Income $48,938

Other Revenue $179,473

TOTAL REVENUE $1,824,905

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,520,830

Fundraising Expenses $0

Other Expenses $1,827,538

TOTAL EXPENSES $3,348,368

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,824,905	$1,897,852	0.0%
Expenses	$3,348,368	$3,107,067	+0.1%
Net Income	$-1,523,463	$-1,209,215	+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

332

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

$453,653

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHAD KLEPPE	PRESIDENT/CEO	25.00	Officer	$262,159	$21,070	$283,229
JOE MELTON	VP INDUSTRY SERVICES	40.00	Highest	$145,146	$28,845	$173,991
LAURIE DELMOTT	COO	36.00	Officer	$154,046	$16,378	$170,424
BEN HAMMES	VP ASSOC AFFAIRS & MBR ENGAGEMENT	39.00	Highest	$147,923	$8,591	$156,514
BRANDON BLACK	DIRECTOR OF EDUCATION AND TRAINING	40.00	Highest	$106,380	$13,600	$119,980
MIKE ESPESET	CHAIRMAN (BEG MAR 24)	1.00	Officer Director	$0	$0	$0
GORDON PARKER	VICE CHAIR (BEG MAR 24)	1.00	Officer Director	$0	$0	$0
MATT THOMPSON	TREASURER (BEG MAR 24)	1.00	Officer Director	$0	$0	$0
RANDY CLARAHAN	PAST CHAIRMAN (BEG MAR 24)	1.00	Officer Director	$0	$0	$0
PAUL KOESTER	PAST CHAIRMAN (THRU FEB 24)	1.00	Officer Director	$0	$0	$0
RUSS ACTON	DIRECTOR (THRU FEB 24)	1.00	Director	$0	$0	$0
ERIC BRIDGEWATER	DIRECTOR	1.00	Director	$0	$0	$0
STEVE FERGUSON	DIRECTOR	1.00	Officer Director	$0	$0	$0
AMY FETTERS	DIRECTOR	1.00	Director	$0	$0	$0
DARRIN GILETT	DIRECTOR	1.00	Director	$0	$0	$0
ERIC HAMMER	DIRECTOR	1.00	Director	$0	$0	$0
FRANK KING	DIRECTOR	1.00	Director	$0	$0	$0
JAMIE RICH	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLE SCHMIDT	DIRECTOR	1.00	Director	$0	$0	$0
BRENT THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
JOEL VEENSTRA	DIRECTOR	1.00	Director	$0	$0	$0
DAN WARD	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2024	$1,824,905	$3,348,368	$8,583,305	$-1,523,463
2023	$1,897,852	$3,107,067	$8,211,711	$-1,209,215
2022	$2,865,317	$3,026,312	$9,347,173	$-160,995
2021	$1,593,986	$2,477,275	$8,112,109	$-883,289
2020	$1,570,333	$2,399,215	$5,594,506	$-828,882
2019	$1,493,196	$7,046,281	$5,570,112	$-5,553,085
2018	$1,741,335	$2,350,855	$9,425,245	$-609,520

MASTER BUILDERS OF IOWA