Overview
What is Minnesota Builders Exchange?
Minnesota Builders Exchange is a nonprofit organization situated in Minneapolis, Minnesota. Its primary focus is to serve commercial contractors by providing project information through a virtual plan room. This service enables these contractors to submit bids and create estimates for projects, benefiting public plan holders across the region. Beyond this, Minnesota Builders Exchange also aims to foster networking opportunities for firms connected to the building construction industry. Their mission involves designing and offering programs that assist companies in the construction sector and their employees to grow. By exchanging plans, sharing knowledge, and creating industry connections, Minnesota Builders Exchange contributes to a vibrant and inclusive construction industry in the Upper Midwest, ensuring collaborative, safe, and sustainable community building. The organization currently employs 13 individuals.
Official website here: www.mbex.org
Is Minnesota Builders Exchange legitimate?
Minnesota Builders Exchange is a legitimate nonprofit organization registered as a 501(c)(6) entity. Minnesota Builders Exchange 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: $228,947
Professional Fundraising Fees: $0
Other Salaries and Wages: $620,370
For more financial information, click here
Official website here: www.mbex.org
What is the mission statement of Minnesota Builders Exchange?
Minnesota Builders Exchange's mission is centered around providing project information and networking opportunities for companies within the building construction industry. By designing and offering programs, the organization aims to facilitate the growth of these companies and their employees. This is achieved through the exchange of project plans, sharing of knowledge, and fostering powerful industry connections. This mission ultimately contributes to a vibrant and inclusive construction industry that collaboratively, safely, and sustainably builds communities in the upper Midwest.
Official website here: www.mbex.org
Who is the CEO of Minnesota Builders Exchange?
David Siegel is the Secretary of Minnesota Builders Exchange.
Official website here: www.mbex.org
What is the revenue of Minnesota Builders Exchange?
Minnesota Builders Exchange's revenue in 2022 was $1,442,741.
Official website here: www.mbex.org
Who are the executives of Minnesota Builders Exchange and what are their salaries?
The average compensation at Minnesota Builders Exchange during 2022 was $65,332. There are 13 employees and 50 volunteers at Minnesota Builders Exchange.
Here are 17 key members and their salaries:
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- Compensation: $106,770
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Official website here: www.mbex.org
Where can I find the form 990 for Minnesota Builders Exchange?
Minnesota Builders Exchange's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mbex.org
Learn more at the official website: www.mbex.org
Mission Statement of Minnesota Builders Exchange
Minnesota Builders Exchange, a renowned organization within the building construction industry, is dedicated to providing project information and networking opportunities. Their mission is to design and implement programs that aid companies in the construction sector and their employees. By facilitating the exchange of plans, sharing knowledge, and fostering powerful industry connections, Minnesota Builders Exchange strives to foster a vibrant and inclusive construction industry. This collaborative, safe, and sustainable approach ensures that upper Midwest communities are effectively built through the collective efforts of the industry members. The ultimate goal of Minnesota Builders Exchange is to help companies and their employees grow, contributing to a robust and resilient construction sector.
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Impact
October, 2024
The Minnesota Builders Exchange (MBEX) significantly impacts the building construction industry by facilitating essential project information and networking opportunities for firms in the sector. By providing access to a virtual plan room, MBEX enables commercial contractors to efficiently obtain the information necessary for bidding and estimating projects across the region, including those from public plan holders.
This resource fosters collaboration and knowledge sharing among construction professionals, helping to enhance their skills and competencies. By design and offering programs tailored to assist companies and their employees, MBEX promotes a vibrant and inclusive construction industry. Their efforts contribute to the collaborative, safe, and sustainable development of Upper Midwest communities, facilitating a strong network that nurtures growth and innovation within the sector.
This information is meant to be a general summary of Minnesota Builders Exchange. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $21,572
- Program Service Revenue: $1,421,169
- Gross Receipts: $1,442,741
Assets and Liabilities:
- Total Assets: $3,626,154
- Total Liabilities: $1,218,274
- Net Assets: $2,407,880
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRONIC INFORMATION
Revenue
$735,223
MEMBERSHIP DUES
Revenue
$454,658
OTHER
Revenue
$173,517
BULLETIN AND DIRECTORY
Revenue
$57,771
Organization Details
Founding Year
1888
Phone
(612) 381-2625Principal Officer
David Siegel
Main Address
1123 GLENWOOD AVENUE, MINNEAPOLIS, MN, 55405
Website
www.mbex.orgNTEE Category
Code: S41 - Community improvement
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