Minneapolis Builders Exchange

Organization Overview

Minneapolis Builders Exchange is located in Minneapolis, MN. The organization was established in 1945. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Minneapolis Builders Exchange employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minneapolis Builders 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 12/2021, Minneapolis Builders Exchange generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE PROJECT INFORMATION AND NETWORKING OPPORTUNITIES TO FIRMS CONNECTED TO THE BUILDING CONSTRUCTION INDUSTRY

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE PROJECT INFORMATION VIA PHYSICAL AND VIRTUAL PLAN ROOMS AND OTHER INFORMATION DISSEMINATION


NEWS OF MEMBERS AND THE BUILDING INDUSTRY: QUARTERLY NEWSLETTER, WEEKLY BULLETIN AND ANNUAL DIRECTORY


NETWORKING OPPORTUNITIES INCLUDE PARKING LOT BARBECUE, GOLF TOURNAMENT, SPORTING CLAYS AND DINNER CRUISE.


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Board, Officers & Key Employees

Name (title)Compensation
Tom Getzke
Executive Director/secreta
$141,500
Donald O'connor
Director
$102,308
Danielle Dziedzic
Past President
$0
Erik Molin
President
$0
Andrew Ristrom
Director
$0
Ben Newlin
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $245,698
All other contributions, gifts, grants, and similar amounts not included above$4,185
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$249,883
Total Program Service Revenue$1,364,337
Investment income $29,787
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,644,007

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Minneapolis Builders Exchange has recieved totaling $5,030.

Awarding OrganizationAmount
Duluth Builders Exchange

Duluth, MN

PURPOSE: CONTRIBUTION

$5,030
View Grant Recipient Profile

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