BILLINGS BUILDERS EXCHANGE INC

EIN: 810229688

BILLINGS, MT

Total Revenue
$453,538
Total Expenses
$530,389
Total Assets
$1,469,366
Net Assets
$1,468,736
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
MT
Principal Officer
LUKE HUDSON
Phone
4066521311
Tax Period
2024-12-01 to 2025-11-30

BILLINGS BUILDERS EXCHANGE INC, founded in 1950, is a small nonprofit that reported $454K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $530K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE ORGANIZATION SERVICES ITS MEMBERS BY (I) PROVIDING ACCURATE, TIMELY REPORTING ON PROJECTS BEING SOLICITED FOR BIDS, (II) ENCOURAGING COMPETITIVE, RESPONSIBLE, AND THOROUGH BIDDING IN THE CONSTRUCTION INDUSTRY, (III) PROVIDING INFORMATION ABOUT CONSTRUCTION PROJECTS THAT THE ORGANIZATION'S MEMBERS MAY OTHERWISE NOT RECEIVE, AND (IV) PROVIDING A CONSOLIDATED SOURCE OF INFORMATION FOR PROJECT LEADS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $290,772
Program Service Revenue $104,270
Investment Income $31,273
Other Revenue $27,223
TOTAL REVENUE $453,538

Expense Breakdown

Grants Paid $0
Salaries & Benefits $289,855
Fundraising Expenses $0
Other Expenses $240,534
TOTAL EXPENSES $530,389

Year-over-Year Comparison

2024 2023 Change
Revenue $453,538 $504,827 -0.1%
Expenses $530,389 $534,526 0.0%
Net Income $-76,851 $-29,699 +1.6%
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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Governance

Voting Members
8
Independent Members
8
Employees
3
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
$135,969
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICH HERMAN PRESIDENT 1.00
Officer Director
$0 $0 $0
ZACH CAYTON OUTGOING PRESIDENT 1.00
Officer Director
$0 $0 $0
TODD MCDONALD DIRECTOR 1.00
Director
$0 $0 $0
RYAN THOMSON DIRECTOR 1.00
Director
$0 $0 $0
JAKE BRADFORD VICE PRESIDENT 1.00
Director
$0 $0 $0
NIC TALKMARK DIRECTOR 1.00
Director
$0 $0 $0
KEVIN TITUS DIRECTOR 1.00
Director
$0 $0 $0
PAT SCOTT DIRECTOR 1.00
Director
$0 $0 $0
MATT SCHAFER TREASURER 1.00
Officer
$3,200 $0 $3,200
LUKE HUDSON EXECUTIVE SECRETARY / MANA 40.00
Officer
$114,185 $18,584 $132,769
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 $453,538 $530,389 $1,469,366 $-76,851
2024 $504,827 $534,526 $1,500,938 $-29,699
2023 $416,615 $399,200 $1,713,633 $17,415
2022 $433,235 $389,574 $1,461,542 $43,661
2021 $419,492 $368,556 $1,543,133 $50,936
2020 $414,115 $390,473 $1,490,856 $23,642
2019 $404,045 $359,899 $1,400,372 $44,146
2018 $404,499 $355,792 $1,329,220 $48,707
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