Olympia Master Builders EIN 91-6056428 Form 990 (PDF) Claim this org

Olympia Master Builders

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Improves construction through professional builders dedicated to quality and affordable housing for all. For fiscal year 2024 it reported $828K in revenue, $881K in expenses, and $1.2M in net assets.Pt I

Type
Business league / trade association · Nonprofit
Location
Olympia, WA
Website
www.omb.org
Filings
5 on file (2020–2024)
Revenue
$828KFY2024
Expenses
$881K
Net assets
$1.2M
People
28
Filings
5
Updates
0
More identity details & actions ⌄
EIN  91-6056428 Business league / trade association Olympia, WA
Form 990 (PDF)
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Size
$100K–1M
What they do
Improves construction through professional builders dedicated to quality and affordable housing for all.
Leadership
Angela White · Executive Officer · $98K
Money in and out
$828K revenue, $881K expenses
Bottom line
-6% operating surplus
Membership & operating revenue · FY2024
Total revenue
$828K
Pt VIII · Ln 12
Total expenses
$881K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$52K
Operating surplus
-6%
revenue over expenses▲ +55% vs prior filing year
Earned revenue
95%
of revenue from program services & dues▼ -2% vs prior filing year
Payroll share
60%
of spending is salaries & benefits▲ +2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$828K
FY2024▲ +10%
Expenses
$881K
FY2024▲ +2%
Total assets
$1.2M
FY2024▼ -5%
Total liabilities
$72K
FY2024▼ -32%
Total revenue
$828K
Pt VIII · Ln 12
Total expenses
$881K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$52K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 326
Independent voting membersPt I · Ln 426

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COlympia Master Builders
EINHdr · item D91-6056428
Principal addressHdr · item COlympia, WA
WebsiteHdr · item Jwww.omb.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 1962

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a26
Independent voting membersPt VI · Ln 1b26
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Officer
$97,624Pt VII · Sec A
First Vice-President
$0Pt VII · Sec A
Second Vice-President/Builder Director
$0Pt VII · Sec A
Associate Vice-President
$0Pt VII · Sec A
Second Assoc. Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary/Associate Director
$0Pt VII · Sec A
Immediate Past President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Angela White$97,624$98,842$101,229$90,562$90,424

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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Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2024.
01

Olympia master builders (omb) publishes seven periodicals which also serve to educate members and the public on residential building issues. Seven includes our 5 members only magazines.

Pt IX · col B
02

Advocacy

Providing a voice before government. Omb works on members' behalf to pass pro-housing legislation and defeat bills harmful to the housing industry.

Pt IX · col B
03

Programs such as the home shows, tour of homes and home builders expo provide educational opportunities for the community and members.

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue$788K · 95%
Investment income$34K · 4%
Other revenue$6K · 1%
Program service revenue95%$788K
Investment income4%$34K
Other revenue1%$6K
Total revenueLn 12$828K

Balance Sheet

Part X · end of year
CashLn 1$325K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$72K
Total net assetsLn 32$1.2M
Months of cash on handcomputed4.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $941K · Operating expenses/yr $881K
12.8 months
Where the money goes
Program services
Program services — · Total expenses $881K
Management & General
Management & general — · Total expenses $881K
Fundraising
Fundraising — · Total expenses $881K
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $828K
0%
Government reliance
Government grants — · Total revenue $828K
Earned-income share
Program service revenue $788K · Total revenue $828K
95%
Investment reliance
Investment income $34K · Total revenue $828K
+4%
Program self-sufficiency
Program service revenue $788K · Total expenses $881K
89%
Growth & trend
Revenue growth (YoY)
This year $828K · Prior year $755K
+10%
Revenue CAGR
FY2020 $734K · FY2024 $828K
+3%
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $828K · Expenses $881K
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $1.2M · Total assets $1.2M
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $615K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
50%
People & payroll
Highest Reported Total Compensation
Individual Angela White · Reported title EXECUTIVE OFFICER · Highest reported compensation $98K · Total expenses $881K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $524K · Total expenses $881K
60%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 10%
Investment management fee ratio 0.5%
Accounting fee ratio 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $24K · 2023–2024
The Washington Affordable Housing CouncilFY2024$7,215
The Affordable Housing Council of Olympia Master BuildersFY2023$10,000
The Washington Affordable Housing CouncilFY2023$6,600

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$828K revenue · viewing · ⤓ 990 PDF
FY2023$755K revenue · ⤓ 990 PDF
FY2022$839K revenue · ⤓ 990 PDF
FY2021$790K revenue · ⤓ 990 PDF
FY2020$734K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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