Southwestern Indiana Builders Association Inc
- Assets
- $174.3k
- Revenue
- $271.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Evansville, IN
- Founding
- 03/1955
- Data as of
- 12/2023
- EIN
- 35-1117068
Organization Overview
Southwestern Indiana Builders Association Inc is located in Evansville, IN. The organization was established in 1955. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Southwestern Indiana Builders Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwestern Indiana Builders Association Inc 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 12/2023, Southwestern Indiana Builders Association Inc generated $271.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $312.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AS AN ASSOCIATION OF BUILDING INDUSTRY PROFESSIONALS, TO SERVE SOUTHWEST INDIANA BY PROMOTING SAFE AND AFFORDABLE HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP MEETINGS HELD APPROXIMATELY BI-MONTHLY FOR THE PURPOSE OF FURTHERING THE ORGANIZATIONS EXEMPT PURPOSE.
SEMINARS AND EDUCATION ON BUILDING STANDARDS AND CODES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Pedtke Executive Director | 40 | $148,675 | |
Sean Miller Director | Trustee | 1 | $0 |
Dg Asay Director | Trustee | 1 | $0 |
Jeff Lancaster Director | Trustee | 1 | $0 |
Bryce Martin Director | Trustee | 1 | $0 |
Jim Morley Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $82,268 |
| Investment income | $1,903 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $187,232 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $271,403 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,100 |
| Grants and other assistance to domestic individuals. | $3,650 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $148,675 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,196 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,775 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,000 |
| Fees for services: Accounting | $2,641 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,231 |
| Information technology | $7,688 |
| Royalties | $0 |
| Occupancy | $16,913 |
| Travel | $1,889 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,738 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,003 |
| Insurance | $3,482 |
| All other expenses | $0 |
| Total functional expenses | $312,772 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,808 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $39,497 |
| Investments—publicly traded securities | $56,990 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $174,295 |
| Accounts payable and accrued expenses | $360 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $360 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $173,935 |
| Total liabilities and net assets/fund balances | $174,295 |
Grants Awarded
Over the last fiscal year, Southwestern Indiana Builders Association Inc has awarded $6,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
OPERATION SUPPORT ON THE HOMEF | | | $500 |
HOUSE OF BREAD AND PEACE INC | | | $250 |
MEDIA MINISTRIES DREAM CENTER | | | $250 |
ST JOHN THE BAPTIST CATHOLIC P | | | $1,000 |
UNITED CARING SERVICES | | | $250 |
ST VINCENT DE PAUL | | | $250 |