Grand Forks Builders And Traders Exchange is located in Grand Forks, ND. The organization was established in 2010. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Forks Builders And Traders Exchange is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Grand Forks Builders And Traders Exchange generated $98.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $100.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chuck Savage President | 5 | $0 | |
Jared Gowan 2nd Vice President | 2 | $0 | |
Lance Monson Vice President | 2 | $0 | |
Scott Dennison Secy Treasurer | 3 | $0 | |
Anne Bryson Director | 2 | $0 | |
Andy Byron Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $61,995 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $36,420 |
Total Revenue | $98,415 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $37,011 |
Professional fees and other payments to independent contractors | $600 |
Occupancy, rent, utilities, and maintenance | $16,288 |
Printing, publications, postage, and shipping | $819 |
Other expenses | $45,356 |
Total expenses | $100,074 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $238,328 |
Other assets | $0 |
Total assets | $245,488 |
Total liabilities | $65,066 |
Net assets or fund balances | $180,422 |
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