MASTER BUILDERS ASSOCIATION OF KING AND SNOHOMISH COUNTIES (EIN 910658930) - 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

1956

Legal Domicile

Principal Officer

JEREMY HALL

Phone

4254517920

Tax Period

2024-01-01 to 2024-12-31

MASTER BUILDERS ASSOCIATION OF KING AND SNOHOMISH COUNTIES, founded in 1956, is a mid-sized nonprofit in the Community Improvement sector that reported $12.6M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO PROMOTE AND PROTECT THE VIABILITY OF THE HOME BUILDING 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 (2024)

Revenue Breakdown

Contributions & Grants $58,089

Program Service Revenue $6,120,903

Investment Income $806,495

Other Revenue $5,639,136

TOTAL REVENUE $12,624,623

Expense Breakdown

Grants Paid $78,871

Salaries & Benefits $5,594,621

Fundraising Expenses $0

Other Expenses $7,904,294

TOTAL EXPENSES $13,577,786

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,624,623	$11,395,135	+0.1%
Expenses	$13,577,786	$13,434,130	+0.0%
Net Income	$-953,163	$-2,038,995	-0.5%

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

550

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

$717,256

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRACY TENHULZEN	IMMEDIATE PAST PRESIDENT	10.00	Officer Director	$0	$0	$0
TREVOR JOHNSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
JENNIFER TENNYSON	1ST VICE PRESIDENT	8.00	Officer Director	$0	$0	$0
VITALIY GUTSALO	2ND VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BRENDA NUNES	SECRETARY	4.00	Officer Director	$0	$0	$0
LUELLEN SMITH	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MIRANTE	DIRECTOR	1.00	Director	$0	$0	$0
KURT WILSON	DIRECTOR	1.00	Director	$0	$0	$0
LEO SPEAKS	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER ROBNETT	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER VANDERBEKEN	DIRECTOR	0.50	Director	$0	$0	$0
ARON GOLDEN	DIRECTOR	1.00	Director	$0	$0	$0
JEFF SKALL	DIRECTOR	1.00	Director	$0	$0	$0
TROY SCHMEIL	DIRECTOR	5.00	Director	$0	$0	$0
AARON HOLLIGBERY	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY HALL	EXECUTIVE DIRECTOR	40.00	Officer	$424,320	$23,261	$447,581
JACOB BROWNFIELD	VP OF FIN & SHARED SVCS THRU 11/24	40.00	Officer	$160,453	$15,310	$175,763
KEVIN MCCRACKEN	DIR OF FIN & SHARED SVCS FROM 07/24	40.00	Officer	$90,365	$3,547	$93,912
BRIAN HOLTZCLAW	GENERAL COUNSEL	40.00	Highest	$286,800	$22,704	$309,504
JENNIFER ANDERSON	DIRECTOR OF GOVERNMENT AFFAIRS	40.00	Highest	$209,130	$30,482	$239,612
AARON ADELSTEIN	VP OF BUSINESS OPERATIONS	40.00	Highest	$217,985	$18,291	$236,276
COLBY GOODMAN	MEMBERSHIP DIRECTOR	50.00	Highest	$204,676	$10,010	$214,686
RUSSEL VANOVER	IT DIRECTOR	40.00	Highest	$152,145	$15,817	$167,962

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	$12,624,623	$13,577,786	$45,002,572	$-953,163
2023	$11,395,135	$13,434,130	$43,881,006	$-2,038,995
2022	$11,568,439	$12,198,222	$43,190,775	$-629,783
2021	$12,586,024	$9,857,189	$50,140,289	$2,728,835
2020	$11,487,048	$9,643,512	$41,965,886	$1,843,536
2019	$12,738,318	$10,218,214	$40,733,652	$2,520,104
2018	$11,522,742	$10,819,233	$34,425,192	$703,509

MASTER BUILDERS ASSOCIATION OF KING AND SNOHOMISH COUNTIES