Builders Exchange Of Lansing & Central Michigan

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 381224452 ✦ Lansing, MI ✦ Designated as a 501(c)(6)

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Overview

What is Builders Exchange Of Lansing & Central Michigan?

Builders Exchange of Lansing & Central Michigan is a nonprofit organization situated in Lansing, Michigan. Their primary mission is to serve the construction industry and improve its welfare. They achieve this by publishing a weekly bulletin, containing local job information, bid details, and awarded contracts. This service is utilized by 230 individuals. Additionally, they produce an annual construction guide and membership roster. Their core activity is to provide a centralized location and relevant publications, fostering communication among various construction trade sectors. They have a staff of 4 individuals committed to facilitating industry connections.


Official website here: www.bxlansing.com

Is Builders Exchange Of Lansing & Central Michigan legitimate?

Builders Exchange Of Lansing & Central Michigan is a legitimate nonprofit organization registered as a 501(c)(6) entity. Builders Exchange Of Lansing & Central Michigan submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $41,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $149,719

For more financial information, click here


Official website here: www.bxlansing.com

What is the mission statement of Builders Exchange Of Lansing & Central Michigan?

The Builders Exchange Of Lansing & Central Michigan's mission is centered around serving its members and fostering the well-being of the construction industry. It achieves this by offering a centralized platform for communication among various trades within the construction sector. One of its key services is the publication of a weekly bulletin, which contains local construction information, job listings, bid information, and awarded contracts. Additionally, the organization annually produces a construction guide and membership roster. Approximately 230 individuals benefit from these publications.


Official website here: www.bxlansing.com

Who is the CEO of Builders Exchange Of Lansing & Central Michigan?

Michael Nystrom is the Director of Builders Exchange Of Lansing & Central Michigan.


Official website here: www.bxlansing.com

What is the revenue of Builders Exchange Of Lansing & Central Michigan?

Builders Exchange Of Lansing & Central Michigan's revenue in 2022 was $308,014.


Official website here: www.bxlansing.com

Who are the executives of Builders Exchange Of Lansing & Central Michigan and what are their salaries?

The average compensation at Builders Exchange Of Lansing & Central Michigan during 2022 was $47,680. There are 4 employees and 12 volunteers at Builders Exchange Of Lansing & Central Michigan.


Here are 13 key members and their salaries:


Rick Knop (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Chapman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rowland Cornish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Duits (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Granger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Hodges (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Lennemann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Hulbert (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Farhat (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Pytlowany (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Carlson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Nystrom (Executive Director/Secreta)
  • Compensation: $41,000
  • Related: $0
  • Other: $0


Official website here: www.bxlansing.com

Where can I find the form 990 for Builders Exchange Of Lansing & Central Michigan?

Builders Exchange Of Lansing & Central Michigan's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bxlansing.com

Learn more at the official website: www.bxlansing.com

Mission Statement of Builders Exchange Of Lansing & Central Michigan

Builders Exchange Of Lansing & Central Michigan, a prominent entity within the construction industry, is dedicated to serving its members and promoting the welfare of this sector. To achieve this, the organization provides a centralized platform that facilitates communication among various trades within the construction industry. This is accomplished through publications that disseminate information about local jobs, bid details, and awarded contracts. By offering such services, Builders Exchange Of Lansing & Central Michigan plays a significant role in bridging the gap within the construction industry, fostering collaboration and facilitating business opportunities. Additionally, the organization publishes an annual construction guide and membership roster, further aiding in the smooth operation of the construction industry. Approximately 230 individuals benefit from these services, demonstrating the organization's commitment to its members and the industry as a whole.

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Impact




October, 2024

Builders Exchange Of Lansing & Central Michigan plays a crucial role in enhancing the construction industry in the region. By providing essential member services, it promotes collaboration and communication among various trades, ensuring a more cohesive and efficient construction environment.

The weekly bulletin published by the organization serves as a vital resource, keeping stakeholders informed about local job opportunities, bid information, and awarded contracts. This timely dissemination of information supports members in making informed decisions and staying competitive in the market. With 230 recipients receiving these bulletins, the organization fosters a vibrant network of construction professionals.

Furthermore, the annual construction guide and membership roster contribute to building relationships within the industry, encouraging partnerships that can lead to successful projects. Through these initiatives, Builders Exchange facilitates community improvement, ultimately driving economic growth and development in Lansing and Central Michigan.




This information is meant to be a general summary of Builders Exchange Of Lansing & Central Michigan. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$308,014 (2022)
Expenses
$328,693 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,706
  • Program Service Revenue: $297,808
  • Gross Receipts: $607,412

Assets and Liabilities:

  • Total Assets: $578,921
  • Total Liabilities: $75,361
  • Net Assets: $503,560

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$120,393

PLAN ROOM INCOME

Revenue

$106,797

EVENT PLANNING

Revenue

$38,663

PUBLICATION REVENUE

Revenue

$24,475

TRAINING

Revenue

$7,480

Organization Details

Founding Year

1945

Principal Officer

Michael Nystrom

Main Address

1240 E SAGINAW, LANSING, MI, 48906

NTEE Category

Code: S41 - Community improvement

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