Racine Kenosha Builders Association Inc is located in Sturtevant, WI. The organization was established in 1997. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Racine Kenosha 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, Racine Kenosha Builders Association Inc generated $115.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $118.8k during the year ending 12/2023. While expenses have increased by 3.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SUPPORT GROWTH AND EFFECTIVENESS OF ALL LOCAL BUSINESS ASSOCIATIONS. EDUCATE OUR MEMBERSHIP AND THE PUBLIC ON ISSUES THAT AFFECT OUR INDUSTRY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wolf Korndoerfer Director | 1 | $0 | |
Mike Lawrence Director | 1 | $0 | |
Phil Anderson Director | 1 | $0 | |
Chris Ashworth Director | 1 | $0 | |
Susan Liedel Director | 1 | $0 | |
Ashley Doering Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $46,081 |
| Membership dues | $39,150 |
| Investment income | $70 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,118 |
| Other Revenue | $13,290 |
| Total Revenue | $115,709 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,145 |
| Professional fees and other payments to independent contractors | $3,444 |
| Occupancy, rent, utilities, and maintenance | $19,834 |
| Printing, publications, postage, and shipping | $229 |
| Other expenses | $57,615 |
| Total expenses | $118,817 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,295 |
| Other assets | $0 |
| Total assets | $246,173 |
| Total liabilities | $81,328 |
| Net assets or fund balances | $164,845 |