Billings Builders Exchange Inc
Nonprofit profile at a glance
- EIN
- 810229688
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Billings, MT, USA
- Phone
- 4066521311
- Rating confidence
- Limited
Reported finances
- Revenue
- $453,538
- Expenses
- $530,389
- Assets
- $1,469,366
- Liabilities
- $630
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- RICH HERMAN (PRESIDENT)
- ZACH CAYTON (OUTGOING PRESIDENT)
- JAKE BRADFORD (VICE PRESIDENT)
Highest reported compensation
- LUKE HUDSON (EXECUTIVE SECRETARY / MANA): $132,769 total reported compensation
- MATT SCHAFER (TREASURER): $3,200 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization services its members by (i) providing accurate, timely reporting on projects being solicited for bids, (ii) encouraging competitive, responsible, and thorough bidding in the construction industry, (iii) providing information about construction projects that the organization's members may otherwise not receive, and (iv) providing a consolidated source of information for project leads.
What it reported doing in 2024
Distribution of weekly bulletins, providing access to blue prints and specifications of projects and advertising projects in the area.
Operating model
- Revenue model
- Membership-supported. 65% of the money available for current operations came from membership dues.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 69
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -16.9%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 2.77; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 25.6%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: 4.7% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: 1.8% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: 2.2% per year; rating input score 100; 34th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 8 of 8 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $133K · 10 people listed
- Consistency: 10 of 10 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Operating margin scored 16/100.
- High — Sustainability: Officer compensation ratio scored 14/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.