MASTER BUILDERS ASSOCIATION OF KING AND SNOHOMISH COUNTIES

EIN: 910658930 Community Improvement

BELLEVUE, WA

Total Revenue
$12,624,623
Total Expenses
$13,577,786
Total Assets
$45,002,572
Net Assets
$24,572,614
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
WA
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.

Program Service Accomplishments

Program 1

MEMBERSHIP PROGRAMS:- MBAKS IS THE OLDEST AND LARGEST LOCAL HOME BUILDERS ASSOCIATION IN THE US. WE HAVE SERVED OUR MEMBERS FOR MORE THAN 115 YEARS. IN 2024, WE HAD 2,425 (2,781 INCLUDING AFFILIATES)...

Read more

MEMBERSHIP PROGRAMS:- MBAKS IS THE OLDEST AND LARGEST LOCAL HOME BUILDERS ASSOCIATION IN THE US. WE HAVE SERVED OUR MEMBERS FOR MORE THAN 115 YEARS. IN 2024, WE HAD 2,425 (2,781 INCLUDING AFFILIATES) MEMBERS WITH 87% RETENTION.- CONTINUED OPERATION OF STATE LABOR AND INDUSTRIES RETROSPECTIVE RATING PROGRAM. SUCCESSFUL PROGRAM MANAGEMENT, WITH OVER $50M IN PREMIUMS AND $14M REFUNDED TO PARTICIPATING EMPLOYERS. - OVER 30 YEARS OF SPONSORSHIP OF MBAKS HEALTH INSURANCE TRUST, WHICH PROVIDES FULLY INSURED, AFFORDABLE HEALTH CARE COVERAGE TO OVER 17,000 PARTICIPANTS IN KING AND SNOHOMISH COUNTIES.

Program 2

ADVOCACY:- HOUSING ADVOCACY MEETINGS AND EVENTS HOSTED BY MBAKS GATHER OVER 1,500 ATTENDEES THROUGHOUT THE YEAR.- MBAKS TEAM ADVOCATES INDUSTRY ISSUES WITH OVER 300 INDIVIDUAL ELECTED OFFICIALS AND...

Read more

ADVOCACY:- HOUSING ADVOCACY MEETINGS AND EVENTS HOSTED BY MBAKS GATHER OVER 1,500 ATTENDEES THROUGHOUT THE YEAR.- MBAKS TEAM ADVOCATES INDUSTRY ISSUES WITH OVER 300 INDIVIDUAL ELECTED OFFICIALS AND INTERVIEWED 30 INDIVIDUAL CANDIDATES FOR LOCAL OFFICE.- AIMS TO INCREASE COMMUNICATION AND AWARENESS FOR HOUSING ADVOCACY THROUGH SOCIAL MEDIA OUTREACH PROGRAM.

Program 3

COMMUNITY STEWARDSHIP:- PARTNERED WITH MULTIPLE HOUSING RELATED NON-PROFITS WITH SPONSORSHIPS AND CHARITABLE CONTRIBUTIONS IN SUPPORT OF HOUSING RELATED CAUSES.- PROVIDED SCHOLARSHIPS TOTALING OVER...

Read more

COMMUNITY STEWARDSHIP:- PARTNERED WITH MULTIPLE HOUSING RELATED NON-PROFITS WITH SPONSORSHIPS AND CHARITABLE CONTRIBUTIONS IN SUPPORT OF HOUSING RELATED CAUSES.- PROVIDED SCHOLARSHIPS TOTALING OVER 10,000 TO INDIVIDUALS IN CONSTRUCTION RELATED PROGRAMS.- BUILT 26 RAMPS WITH 19 VOLUNTEER TEAMS (330 TOTAL VOUNTEERS).- REPAINTED NON-PROFIT BOYS AND GIRLS CLUB OF BELLEVUE WITH OVER 50 TOTAL VOLUNTEERS.- PARTNERED WITH THE CITY OF FEDERAL WAY TO FUND AND PROVIDE OVER 70 VOLUNTEERS FOR A LARGE TREE PLANTING PROJECT.

🔒

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%)

Sign In — Free (10 views/day)

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

Sign In

Governance

Voting Members
15
Independent Members
15
Employees
51
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
8
$717,256
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
5
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
Explore More Nonprofits
Top 100 Nonprofits in Washington Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MASTER BUILDERS ASSOCIATION OF KING AND SNOHOMISH COUNTIES with other nonprofits in Washington and across the country.