BUILDING INDUSTRY ASSOCIATION OF THE RED RIVER VALLEY (EIN 450275981) - Form 990 Financial Analysis & Trantor Score

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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

1962

Legal Domicile

Principal Officer

BRYCE JOHNSON

Phone

7012325846

Tax Period

2023-01-01 to 2023-12-31

BUILDING INDUSTRY ASSOCIATION OF THE RED RIVER VALLEY, founded in 1962, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 6% surplus.

Mission

CULTIVATE A STRONG COMMUNITY BY BEING THE MEANINGFUL RESOURCE AT THE FOREFRONT OF HOMEOWNERSHIP AND PROFESSIONAL DEVELOPMENT TO FOSTER A PROSPEROUS BUILDING INDUSTRY.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $125,049

Program Service Revenue $929,807

Investment Income $4,577

Other Revenue $458,798

TOTAL REVENUE $1,518,231

Expense Breakdown

Grants Paid $0

Salaries & Benefits $708,893

Fundraising Expenses $0

Other Expenses $718,689

TOTAL EXPENSES $1,427,582

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,518,231	$1,168,403	+0.3%
Expenses	$1,427,582	$1,281,930	+0.1%
Net Income	$90,649	$-113,527	-1.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

$143,779

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM SPAETH	DIRECTOR	0.50	Director	$0	$0	$0
TYRONE LESLIE	DIRECTOR	0.50	Director	$0	$0	$0
ERIC MILLER	DIRECTOR	0.50	Director	$0	$0	$0
JASON EID	DIRECTOR	0.50	Director	$0	$0	$0
ELANA CHARLTON	DIRECTOR (RESIGNED 11/2023)	0.50	Director	$0	$0	$0
DAVID REID	PRESIDENT	1.00	Officer Director	$0	$0	$0
ASHLEY MANLY	DIRECTOR (RESIGNED 5/2023)	0.50	Director	$0	$0	$0
SHANNON ROERS JONES	DIRECTOR	0.50	Director	$0	$0	$0
JOHN GUNKELMAN	DIRECTOR	0.50	Director	$0	$0	$0
DAN LINDQUIST	DIRECTOR	0.50	Director	$0	$0	$0
DON DABBERT JR	DIRECTOR	0.50	Director	$0	$0	$0
KIM HOCHHALTER	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
BILL ROTHMAN	TREASURER	0.50	Officer Director	$0	$0	$0
NATE ANDERSON	DIRECTOR	0.50	Director	$0	$0	$0
JOYCE BALSTAD	SECRETARY	1.00	Officer Director	$0	$0	$0
IAN BEATON	ASSOCIATE VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MONICA HART	DIRECTOR	0.50	Director	$0	$0	$0
MIKE LEMKE	PRES ELECT (RESIGNED 10/2023)	1.00	Officer Director	$0	$0	$0
STEVE STACHOWSKI	DIRECTOR	0.50	Director	$0	$0	$0
ADAM OLSON	DIRECTOR	0.50	Director	$0	$0	$0
BROCK GOOSSENS	DIRECTOR	0.50	Director	$0	$0	$0
BOB MILLER	DIRECTOR	0.50	Director	$0	$0	$0
STEVE SCHALL	DIRECTOR (STARTED 11/2023)	0.50	Director	$0	$0	$0
SHELLY ZEIS	DIRECTOR (STARTED 10/2023)	0.50	Director	$0	$0	$0
BRYCE JOHNSON	CHIEF EXECUTIVE OFFICER	40.00	Officer	$123,709	$20,070	$143,779

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	$1,518,231	$1,427,582	$1,663,824	$90,649
2022	$1,168,403	$1,281,930	$1,391,228	$-113,527
2021	$1,284,531	$1,251,057	$1,517,097	$33,474
2020	$1,465,664	$1,362,790	$1,461,325	$102,874
2019	$1,536,484	$1,464,994	$1,567,312	$71,490
2018	$1,544,360	$1,609,041	$1,420,804	$-64,681

BUILDING INDUSTRY ASSOCIATION OF THE RED RIVER VALLEY