Interior Alaska Building Assoc Inc

EIN: 920097736

Fairbanks, AK

Total Revenue
$177,021
Total Expenses
$125,121
Total Assets
$233,283
Net Assets
$229,754
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
AK
Principal Officer
Brannon Richart
Tax Period
2023-07-01 to 2024-06-30

Interior Alaska Building Assoc Inc, founded in 1982, is a small nonprofit that reported $177K in total revenue in fiscal year 2023. The organization ran a surplus of $52K, a strong 29% operating margin.

Mission

To provide education to builders and contractors mainly located in the interior of Alaska and else where upon request.

Program Service Accomplishments

Program 1
Expenses: $112,277 Revenue: $171,696

The Parade of Homes is an end of the season opportunity for contractors to show the public examples of their work, while being available to answer questions and speak to perspective buyers/clients...

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The Parade of Homes is an end of the season opportunity for contractors to show the public examples of their work, while being available to answer questions and speak to perspective buyers/clients. The IABA Home Show provides local building industry related businesses as well as contractors, to speak with the public giving them a chance to line out projects for the upcoming season. The IABA Home Construction Directory provides a booklet that contains all of Interior Alaska Building Associations members information and serves as a reference for builders, lenders and services within the building industry that are available in the Fairbanks area.

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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 $4,154
Program Service Revenue $171,696
Investment Income $1
Other Revenue $1,170
TOTAL REVENUE $177,021

Expense Breakdown

Grants Paid $0
Salaries & Benefits $25,341
Fundraising Expenses $0
Program Expenses $112,277
Other Expenses $99,780
TOTAL EXPENSES $125,121

Year-over-Year Comparison

2023 2022 Change
Revenue $177,021 $184,558 0.0%
Expenses $125,121 $119,494 +0.0%
Net Income $51,900 $65,064 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
1
Volunteers
19

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
3
$0
Total Directors
14
$0
Key Employees
1
$23,200
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Felicia Musick Executive Director 20.00
Key Emp
$23,200 $0 $23,200
Terry Duszynski Director 1.00
Director
$0 $0 $0
Jack Zayon Director 1.00
Director
$0 $0 $0
Lisa Morrow Director 1.00
Director
$0 $0 $0
Aaron Welterien Director 1.00
Director
$0 $0 $0
Dave Miller Director 1.00
Director
$0 $0 $0
Jack Hebert Director 1.00
Director
$0 $0 $0
Jon Lilley Director 1.00
Director
$0 $0 $0
Bridie Bassett Director 1.00
Director
$0 $0 $0
James Ames Director 1.00
Director
$0 $0 $0
Shannon Simpler Director 1.00
Director
$0 $0 $0
Richard Musick Director 1.00
Director
$0 $0 $0
Brannon Richart President 3.00
Officer Director
$0 $0 $0
Stephen Ketzler TreasurerSecretary 3.00
Officer Director
$0 $0 $0
Jason Fails Vice President 2.00
Officer Director
$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
2025 No data No data No data No data
2024 $177,021 $125,121 $233,283 $51,900
2023 $184,558 $119,494 $181,475 $65,064
2022 $144,586 $112,204 $116,206 $32,382
2021 $96,703 $64,973 $81,419 $31,730
2020 $22,358 $181,168 $83,547 $-158,810
2019 $225,253 $238,529 $78,545 $-13,276
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