Bld Connection FY2022 filing

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Bld connection's mission is to advance the lumber & building material industry in the midwest and strengthen its members through education, networking, advocacy, and resources.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-1676811) · Dispute this line
501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $120K a year · 10% of revenue · last 6 filings
A surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
3.6 mo
of spending, in cash
Plus $2.3M in investments, Pt X · Ln 11–13
3.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$431K
15% of total assets
Liabilities are 15% of assets.
Pt X · Ln 26
Independent board members
17
of 17 voting members
17 of 17 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.1M
-4% vs prior year
Spent
$947K
Net assets
$2.5M
By yearFY2020–FY2025
Revenue
$1.1M
FY2022▼ -4%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$1.1M
FY2022$1.1M
FY2023$1.4M
FY2024$1.3M
FY2025$1.3M
Expenses
$947K
FY2022▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$947K
FY2021$896K
FY2022$947K
FY2023$1.2M
FY2024$1.2M
FY2025$1.4M
Net assets
$2.5M
FY2022▼ -14%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.5M
FY2021$2.9M
FY2022$2.5M
FY2023$2.8M
FY2024$3.4M
FY2025$3.4M

From the FY2022 Form 990 (year ending September 2022) · figures checked against the IRS filing · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1991.

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

Who runs it and what they're paid

19 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Chairman of the Board
$0Pt VII · Sec A
1st Vice Chairman
$0Pt VII · Sec A
2nd Vice Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Past Chair/Nli Director
$0Pt VII · Sec A
MN Director
$0Pt VII · Sec A
MN Director
$0Pt VII · Sec A
See Bld Connection executive salaries →

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

Connects members to resources for high-functioning, sales-driven businesses.

Questions for Bld Connection

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Your first name shows with your question. Bld Connection answers here, for everyone.

3 programs · in their own filed words · FY2021
01

Professional development nla provides targeted programming for retail lumber & building material (LBM) dealers and their employees in these key areas: 1) owners and general managers will be trained in the core competencies: financial management, leadership, supervision, inventory control, risk management, building codes, regulatory…

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-1676811) · Dispute this line
Pt IX · Ln 25 · col B
02

Business developmentnla provides business solutions for members in these key areas of their business: operations, human resources, sales-merchandising-marketing, management. Accomplished: during the current year, nla published a printed magazine and directory, provided ongoing services such as legal service, bankcard program, 401(k)…

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-1676811) · Dispute this line
Pt IX · Ln 25 · col B
03

Government affairsnla keeps its membership informed about proposed legislation and regulatory issues introduced in each state's legislature, federal legislation and regulatory issues, and issue calls to action where appropriate. Accomplished: 2021-22 focused on cotninuing to operate safely with COVID-19 still lingering.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-1676811) · Dispute this line
Pt IX · Ln 25 · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Fees for servicesLn 2g$891K
Investment incomeLn 3$86K
Other incomeLn 4–11$79K
Money outPt IX
$947K
Ln 25
Owns and owesPt X
$2.5M
net assets · Ln 32
Cash and savingsLn 1–2$283K
Total assetsLn 16$2.9M
LiabilitiesLn 26$431K
PeoplePt VI, VII
19
listed · VII A
PaidVII A0
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$891K
Investment incomeLn 3$86K
Other incomeLn 4–11$79K
Gains on assetsLn 7−$10K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$283K
Cash and savings togetherLn 1–2$283K
Accounts receivableLn 4$113K
Prepaid expenses and deferred chargesLn 9$54K
InvestmentsLn 11–13$2.3M
Other assetsLn 15$203K
Total assetsLn 16$2.9M
LiabilitiesLn 26$431K
Net assetsLn 32$2.5M
OperationsPt I, VI
EmployeesI 50
VolunteersI 660
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$251K$283K
InvestmentsLn 11–13$2.8M$2.3M
Total assetsLn 16$3.4M$2.9M
LiabilitiesLn 26$528K$431K
Net assetsLn 32$2.9M$2.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$475K
Accounting feesLn 11c$6K
Lobbying feesLn 11d$5K
Office expensesLn 13$15K
Information technologyLn 14$12K
TravelLn 17$16K
Conferences, conventions and meetingsLn 19$230K
InsuranceLn 23$7K
Other expenses (24a–d)Ln 24$180K
All other expensesLn 24e$2K
Total functional expensesLn 25$947K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jun 12, 2026 $1.3M$1.4M−$20K$3.4M 990 PDF
FY2024Filed with the IRS Jan 24, 2025 $1.3M$1.2M$118K$3.4M 990 PDF
FY2023Filed with the IRS Feb 1, 2024 $1.4M$1.2M$237K$2.8M 990 PDF
FY2022 ViewingFiled with the IRS Feb 14, 2023 $1.1M$947K$109K$2.5M 990 PDF
FY2021Filed with the IRS Feb 15, 2022 $1.1M$896K$200K$2.9M 990 PDF
FY2020Filed with the IRS Jan 27, 2021 $1.0M$947K$77K$2.5M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $1,055,870 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $579,163$890,877
I-10 Investment incomePrior year $244,756$85,680
I-11 Other revenuePrior year $272,408$79,313
I-12 Total revenuePrior year $1,096,327$1,055,870
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $896,236$947,294
I-18 Total expensesPrior year $896,236$947,294
I-19 Revenue less expensesPrior year $200,091$108,576
Part VI · Governance 17 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,055,870 across 6 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $890,877$890,877
VIII-3 Investment incomeExcluded from tax $95,318$95,318
VIII-5 RoyaltiesExcluded from tax $112,982$112,982
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$9,638−$9,638
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission −$33,669−$33,669
VIII-12 Total revenueRelated to mission $857,208 · Unrelated business $0 · Excluded from tax $198,662$1,055,870
Part IX · Statement of functional expenses $947,294 across 10 lines filed
IX-11a Management fees$474,933
IX-11c Accounting fees$6,000
IX-11d Lobbying fees$5,000
IX-13 Office expenses$14,685
IX-14 Information technology$12,383
IX-17 Travel$16,212
IX-19 Conferences, conventions and meetings$230,469
IX-23 Insurance$6,530
IX-24 Other expenses (24a–d)$179,567
IX-24e All other expenses$1,515
IX-25 Total functional expenses$947,294
Part X · Balance sheet $2,916,463 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $250,682$283,121
X-4 Accounts receivableStart of year $62,132$113,029
X-9 Prepaid expenses and deferred chargesStart of year $35,809$54,446
X-11 Publicly traded securitiesStart of year $2,781,334$2,260,960
X-12 Other securitiesStart of year $2,214$2,214
X-15 Other assetsStart of year $274,003$202,693
X-16 Total assetsStart of year $3,406,174$2,916,463
X-17 Accounts payable and accrued expensesStart of year $223,760$198,604
X-19 Deferred revenueStart of year $304,522$232,389
X-26 Total liabilitiesStart of year $528,282$430,993
X-27 Net assets without donor restrictionsStart of year $2,877,892$2,485,470
X-32 Total net assets or fund balancesStart of year $2,877,892$2,485,470
X-33 Total liabilities and net assetsStart of year $3,406,174$2,916,463
Part XI · Reconciliation of net assets $2,485,470 net assets at year end
XI-1 Total revenue$1,055,870
XI-2 Total expenses$947,294
XI-3 Revenue less expenses$108,576
XI-4 Net assets at start of year$2,877,892
XI-5 Net unrealized gains (losses) on investments−$500,998
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,485,470

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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