Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1966.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
11 people listed on the 990; $124K paid to officers and key staff.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Jennifer Lammi | $66,278 | $59,914 | $51,504 | $47,584 | $49,687 | $44,987 |
| Aric Sundquist | $58,062 | $52,778 | $45,991 | $42,330 | $41,764 | $37,663 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Strengthens Upper Peninsula construction businesses through networking, ethical promotion, and industry support.
Questions for Marquette Builders Exchange
Your first name shows with your question. Marquette Builders Exchange answers here, for everyone.
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To provide a common place where construction plans, specifications and research information are available for members to use to bid on construction projects. Marquette builders exchange serviced 310 members in 2025.
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $112K | $107K |
| InvestmentsLn 11–13 | $484K | $547K |
| Land, buildings, equipmentLn 10c | $14K | $12K |
| Total assetsLn 16 | $609K | $666K |
| LiabilitiesLn 26 | $9K | $6K |
| Net assetsLn 32 | $601K | $660K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $124K | |||
| Pension plan contributionsLn 8 | $4K | |||
| Other employee benefitsLn 9 | $23K | |||
| Payroll taxesLn 10 | $10K | |||
| Accounting feesLn 11c | $865 | |||
| Other fees for servicesLn 11g | $6K | |||
| Advertising and promotionLn 12 | $527 | |||
| Office expensesLn 13 | $12K | |||
| Information technologyLn 14 | $4K | |||
| OccupancyLn 16 | $18K | |||
| TravelLn 17 | $2K | |||
| Depreciation, depletion and amortizationLn 22 | $3K | |||
| InsuranceLn 23 | $4K | |||
| Other expenses (24a–d)Ln 24 | $18K | |||
| All other expensesLn 24e | $6K | |||
| Total functional expensesLn 25 | $235K | $0 | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $244K | $235K | $9K | $660K | 990 PDF |
| FY2024 | $293K | $217K | $76K | $601K | 990 PDF |
| FY2023 | $234K | $195K | $39K | $526K | 990 PDF |
| FY2022 | $187K | $180K | $8K | $429K | 990 PDF |
| FY2021 | $214K | $176K | $37K | $531K | 990 PDF |
| FY2020 | $222K | $157K | $64K | $488K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $243,712 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, 3 to look at
Part VIII · Statement of revenue $243,712 across 5 lines filed
Part IX · Statement of functional expenses $235,201 across 15 lines filed
Part X · Balance sheet $665,981 assets, 10 lines filed
Part XI · Reconciliation of net assets $660,110 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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