Building Industry Association of the Red River Valley
Nonprofit profile at a glance
- EIN
- 450275981
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Fargo, ND, USA
- Phone
- 7012325846
- Rating confidence
- Limited
Reported finances
- Revenue
- $1,542,376
- Expenses
- $1,534,595
- Assets
- $1,702,417
- Liabilities
- $668,317
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- DAVID REID (PAST PRESIDENT)
- BILL ROTHMAN (PRESIDENT)
- JOYCE BALSTAD (VICE PRESIDENT)
- ADAM OLSON (PRESIDENT ELECT)
- BRYCE JOHNSON (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- BRYCE JOHNSON (CHIEF EXECUTIVE OFFICER): $144,706 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 building industry association of the red river valley (bia-rrv) is a trade association which represents the housing and building industries in several community events and projects throughout fargo-moorhead and the surrounding areas. They aim to nurture thriving, innovative, diverse housing and building industries in our community. Bia-rrv provides a variety of services to members including education, promotion, legislative affairs and public awareness while organizing numerous major events in the community.
What it reported doing in 2024
The home & garden show and parade of homes were created to promote the housing and building industries and, specifically, bia-rrv's members, to area consumers. The red river valley home & garden show offers a one-stop-shop environment for consumers looking to build or remodel their homes or just see what's new in home design, while also promoting the housing building industries to the public. The bia-rrv has strived tomake the show 'fun for the whole family' to make it an event the whole family enjoys with activities for kids while parents shop and talk to exhibitors.the parade of homes is a unique event that allows consumers to see first-hand the products of our builder and remodeler members and talk to them in a low-pressure atmosphere.the golf outings provide members with an opportunity to have some fun and network with their fellow members to further their business connections. Many members have products and services that are used by other members and this is a great opportunity to talk with those members in a social atmosphere.
Operating model
- Revenue model
- Earned-program. 67% of the money available for current operations came from fees and other program revenue.
- 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: 92
- Accountability: 100
- Sustainability: 38
- Growth: 60
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; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.5%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 1.11; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0.39; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 9.4%; rating input score 39; 39th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 1.5% per year; rating input score 100; 21st percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 28th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 18 of 18 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $145K · 20 people listed
- Consistency: 14 of 14 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 37/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.
- Moderate — Sustainability: Officer compensation ratio scored 39/100.