Mid-america Lumbermen's Association

Nonprofit profile at a glance

EIN
440442280
IRS 990 coverage
2019–2022
Forms available
Form 990 2022, Form 990-EZ 2018
Location
Golden Valley, MN, USA
Phone
7635446822
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$307,258
Expenses
$297,442
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • BRETT THORNE (PRESIDENT)
  • THOMAS BAALMAN JR (1ST VICE PRESIDENT)
  • MATT GRAHAM (IMMEDIATE PAST PRESIDENT)
  • CODY NUERNBERG (EXECUTIVE VICE PRESIDENT)

People named in this filing

  • BRETT THORNE (PRESIDENT)
  • THOMAS BAALMAN JR (1ST VICE PRESIDENT)
  • MATT GRAHAM (IMMEDIATE PAST PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To maintain, advance and improve the position of the retail lumber and building materials industry in the midwestern united states.

What it reported doing in 2022

In 2022-23, mla continued to build upon its program and service offerings to provide added value to the association membership. One (1) new educational programs was offered - gross margin mastery: a virtual learning series - while the remainder of mla's educational programming was ehanced but remained very similar to previous years. Estimating, yard & delivery workshop & contractor sales remained on the calendar for 2022-23. Mla continued its partnership with northwestern lumber association to offer its members a quarterly industry update series called market watch. In total, six (6) in-person classes were held with 3 classes being cancelled due to lack of attendance and/or weather. Mla continues to grow its education programming and provide members with new learning modules and opportunities. Numerous webinars were also offered throughout the year. Mla hosted its annual networking events in 2022-23 with both seeing quality attendance numbers. The sunflower shootout golf outing in Kansas had 90+ attendees. The swing into spring (may 2023) hosted over 120 attendees over 2-days.membership remained flat in 2022-23.

Operating model

Revenue model
Earned-program. 100% 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: 88
  • Accountability: 82
  • Sustainability: 31
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 87.5%; rating input score 88; 3rd 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: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3.2%; rating input score 48; 48th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 70; 70th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 16.8% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: -14.9% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 12 of 12 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 9 of 10 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2019 to 2022
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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.

  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • Moderate — Sustainability: Operating margin scored 48/100.