ASSOCIATION OF MINNESOTA BUILDING

EIN: 743085386 Community Improvement

MINNEAPOLIS, MN

Total Revenue
$320,857
Total Expenses
$286,144
Total Assets
$94,515
Net Assets
$94,515
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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
2002
Legal Domicile
MN
Principal Officer
JERRY BACKLUND
Tax Period
2023-01-01 to 2023-12-31

ASSOCIATION OF MINNESOTA BUILDING, founded in 2002, is a small nonprofit in the Community Improvement sector that reported $321K in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $286K left a modest 11% surplus.

Mission

MISSION OF THE ORGANIZATION IS TO ENSURE SAFETY IN THE BUILT ENVIRONMENT THROUGH DEVELOPING, RECOMMENDING, AND PROMOTING UNIFORM REGULATIONS, LEGISLATION, AND PROVIDING TRAINING TO OFFICIALS TO ACCOMPLISH SUCH.

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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 $8,414
Program Service Revenue $312,443
Investment Income $0
Other Revenue $0
TOTAL REVENUE $320,857

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $286,144
TOTAL EXPENSES $286,144

Year-over-Year Comparison

2023 2022 Change
Revenue $320,857 $222,246 +0.4%
Expenses $286,144 $217,881 +0.3%
Net Income $34,713 $4,365 +7.0%
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
15
Independent Members
15
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARRY BRAINARD DIRECTOR AT N/A
Director
$0 $0 $0
JAMES COYLE DIRECTOR N/A
Director
$0 $0 $0
MICHELE ENGBERG VICE CHAIR N/A
Director
$0 $0 $0
DOUG FORTUNE DIRECTOR N/A
Director
$0 $0 $0
SID FOSSAN DIRECTOR N/A
Director
$0 $0 $0
RICK HAUFFE LIAISON OFFI N/A
Director
$0 $0 $0
BRIAN HOFFMAN DIRECTOR N/A
Director
$0 $0 $0
NICK MCNEELY LIAISON OFFI N/A
Director
$0 $0 $0
MATT MUNTER DIRECTOR N/A
Director
$0 $0 $0
LIZ RIEL DIRECTOR N/A
Director
$0 $0 $0
DAVE SKALLET DIRECTOR N/A
Director
$0 $0 $0
JERRY BACKLUND CHAIR N/A
Officer
$0 $0 $0
SILVIA GONZALEZ SECRETARY N/A
Officer
$0 $0 $0
JOANNE HAGER TREASURER N/A
Officer
$0 $0 $0
JIM WILLIAMETTE PAST CHAIR N/A
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
2023 $320,857 $286,144 $94,515 $34,713
2022 $222,246 $217,881 $59,802 $4,365
2021 $163,557 $147,139 $55,437 $16,418
2020 $299,028 $262,232 $39,019 $36,796
2019 $321,854 $330,182 $2,223 $-8,328
2018 $288,371 $344,363 $10,551 $-55,992
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