Arrowhead Builders Association

Not tax-deductible

Hermantown, MN501(c)(6)EIN 41-0946103

Advancing the building industry to be the regions primary resource by setting the standard for integrity, value and trust, we support, promote and enhance the building industry.

$52K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $12K a year · 8% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$52K
to officers and key staff · 34% of spending
Concern: pay to officers and key staff is 34% of spending; over 30%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$171K
+4% vs prior year
Spent
$152K
To programs
0%
Net assets
$293K
By yearFY2020–FY2024
Revenue
$171K
FY2024▲ +4%
Revenue by fiscal year
FY2020$81K
FY2021$108K
FY2022$177K
FY2023$165K
FY2024$171K
Expenses
$152K
FY2024▲ +34%
Expenses by fiscal year
FY2020$159K
FY2021$103K
FY2022$118K
FY2023$113K
FY2024$152K
Net assets
$293K
FY2024▲ +21%
Net assets by fiscal year
FY2020$122K
FY2021$128K
FY2022$174K
FY2023$242K
FY2024$293K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1987.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

12 people listed on the 990; $52K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$51,829Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Rachelle Eliason————$54,489
Kim Hileman$51,829$37,155$41,771$18,580—

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.

See Arrowhead Builders Association executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports and promotes the building industry, setting standards for integrity, value, and trust.

Provided by the organization

This section is blank until Arrowhead Builders Association claims this page.

Know this organization? Claim it to add your story

1 program service, described in the organization's own filed words · FY2024.
01

Advancing the building industry to be the regions primary resource by setting the standard for integrity, value and trust, we support, promote and enhance the building industry.

Pt IX · col B

Run this program? Claim this org to tell your story

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$171K
Ln 12
Other incomeLn 4–11$110K
Gifts and grantsLn 1h$57K
Investment incomeLn 3$4K
Money outPt IX
$152K
Ln 25
Owns and owesPt X
$293K
net assets · Ln 32
Cash and savingsLn 1–2$34K
Total assetsLn 16$293K
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$57K
Investment incomeLn 3$4K
Other incomeLn 4–11$110K
Total revenueLn 12$171K
Assets in detailPt X, end of year
CashLn 1$29K
SavingsLn 2$5K
Cash and savings togetherLn 1–2$34K
InvestmentsLn 11–13$258K
Land, buildings, equipmentLn 10c$514
Total assetsLn 16$293K
LiabilitiesLn 26$0
Net assetsLn 32$293K
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$18K$34K
InvestmentsLn 11–13$221K$258K
Land, buildings, equipmentLn 10c$877$514
Total assetsLn 16$242K$293K
LiabilitiesLn 26$0$0
Net assetsLn 32$242K$293K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$52K
Payroll taxesLn 10$6K
Accounting feesLn 11c$3K
Investment management feesLn 11f$2K
Advertising and promotionLn 12$9K
Office expensesLn 13$1K
OccupancyLn 16$24K
TravelLn 17$1K
Depreciation, depletion and amortizationLn 22$363
InsuranceLn 23$2K
Other expenses (24a–d)Ln 24$48K
All other expensesLn 24e$4K
Total functional expensesLn 25$152K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $171K$152K$19K$293K 990 PDF
FY2023 $165K$113K$51K$242K 990 PDF
FY2022 $177K$118K$59K$174K 990 PDF
FY2021 $108K$103K$6K$128K 990 PDF
FY2020 $81K$159K−$77K$122K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $170,887 across 7 lines filed
VIII-1b Membership dues$57,151
VIII-1h Total contributions, gifts and grants$57,151
VIII-3 Investment incomeExcluded from tax $3,557$3,557
VIII-6 Net rental income or lossRelated to mission $13,598$13,598
VIII-8 Net income from fundraising events$90,224
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $6,357$6,357
VIII-12 Total revenueRelated to mission $19,955 · Excluded from tax $3,557$170,887
Part IX · Statement of functional expenses $151,889 across 12 lines filed
IX-5 Pay of current officers, directors and key staff$51,829
IX-10 Payroll taxes$5,734
IX-11c Accounting fees$2,735
IX-11f Investment management fees$2,065
IX-12 Advertising and promotion$8,852
IX-13 Office expenses$1,164
IX-16 Occupancy$24,065
IX-17 Travel$1,120
IX-22 Depreciation, depletion and amortization$363
IX-23 Insurance$1,842
IX-24 Other expenses (24a–d)$48,135
IX-24e All other expenses$3,985
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$151,889
Part X · Balance sheet $293,322 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $12,856$29,432
X-2 Savings and temporary cash investmentsStart of year $5,010$5,040
X-10c Land, buildings and equipment, netStart of year $877$514
X-11 Publicly traded securitiesStart of year $221,011$258,336
X-16 Total assetsStart of year $242,348$293,322
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $242,348$293,322
X-32 Total net assets or fund balancesStart of year $242,348$293,322
X-33 Total liabilities and net assetsStart of year $242,348$293,322
Part XI · Reconciliation of net assets $293,322 net assets at year end
XI-1 Total revenue$170,887
XI-2 Total expenses$151,889
XI-3 Revenue less expenses$18,998
XI-4 Net assets at start of year$242,348
XI-5 Net unrealized gains (losses) on investments$31,976
XI-10 Net assets at end of year$293,322

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.