Fargo-Moorhead Builders & Traders Exchange Inc

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

EIN: 450113110 ✦ Fargo, ND ✦ Designated as a 501(c)(6)

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Overview

What is Fargo-Moorhead Builders & Traders Exchange Inc?

Fargo-Moorhead Builders & Traders Exchange Inc is a nonprofit organization situated in Fargo, North Dakota, specifically at 1010 Page Drive South. Its primary objective is to assist the construction industry by providing a repository of commercial construction plans and specifications, which are crucial during the bidding process. The organization caters to contractors, architects, engineers, material suppliers, and other industry professionals, handling approximately 4,952 projects annually. Their mission is to foster amicable relations within the construction sector, offering services that enrich both social and business interactions. With a staff of four individuals, they aim to support and provide quality resources to their 539 member base.


Official website here: www.fmbx.org

Is Fargo-Moorhead Builders & Traders Exchange Inc legitimate?

Fargo-Moorhead Builders & Traders Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Fargo-Moorhead Builders & Traders Exchange Inc 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: $90,081
Professional Fundraising Fees: $0
Other Salaries and Wages: $125,189

For more financial information, click here


Official website here: www.fmbx.org

What is the mission statement of Fargo-Moorhead Builders & Traders Exchange Inc?

The Fargo-Moorhead Builders & Traders Exchange Inc's mission is focused on serving the construction industry by providing its members with valuable and relevant services. Its primary goal is to foster friendly, social, and business relationships among individuals involved in the construction sector. The organization aims to aid its members, which include contractors, architects, engineers, material suppliers, and others, by offering information, services, and support. The Fargo-Moorhead Builders and Traders Exchange Inc. serves as a hub for commercial construction documents, playing a crucial role in the bidding process for construction plans issuers and/or owners. During the fiscal year, the organization handled 4,952 projects and served 539 members.


Official website here: www.fmbx.org

Who is the CEO of Fargo-Moorhead Builders & Traders Exchange Inc?

Chris Stollenwerk is the Secretary/Executive Director of Fargo-Moorhead Builders & Traders Exchange Inc.


Official website here: www.fmbx.org

What is the revenue of Fargo-Moorhead Builders & Traders Exchange Inc?

Fargo-Moorhead Builders & Traders Exchange Inc's revenue in 2022 was $559,038.


Official website here: www.fmbx.org

Who are the executives of Fargo-Moorhead Builders & Traders Exchange Inc and what are their salaries?

The average compensation at Fargo-Moorhead Builders & Traders Exchange Inc during 2022 was $53,818. There are 4 employees and 10 volunteers at Fargo-Moorhead Builders & Traders Exchange Inc.


Here are 10 key members and their salaries:


Calisa Nickelson (Secretary/Executive Director)
  • Compensation: $29,742
  • Related: $0
  • Other: $13,580
Eric Fischer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Stollenwerk (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Vangerud (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Kleist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Rabideaux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Evert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Austen Ellenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Narveson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fmbx.org

Where can I find the form 990 for Fargo-Moorhead Builders & Traders Exchange Inc?

Fargo-Moorhead Builders & Traders Exchange Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fmbx.org

Learn more at the official website: www.fmbx.org

Mission Statement of Fargo-Moorhead Builders & Traders Exchange Inc

Fargo-Moorhead Builders & Traders Exchange Inc, a nonprofit organization, is devoted to serving individuals associated with the construction industry. Its primary mission is to offer quality and significant services that foster amicable, social, and professional relationships among these individuals. The organization exists to facilitate the utilization and management of construction plans and specifications, thereby providing valuable resources for contractors, subcontractors, architects, engineers, material suppliers, and other industry professionals. During the fiscal year, the organization managed 4,952 projects and served over 500 members, demonstrating its commitment to supporting the construction industry.

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Impact




October, 2024

Fargo-Moorhead Builders & Traders Exchange Inc significantly impacts the construction industry by serving as a vital resource for commercial construction documentation. By maintaining a comprehensive library of plans and specifications, it streamlines the bidding process for contractors, subcontractors, architects, engineers, and material suppliers.

In the past fiscal year, nearly 5,000 projects were processed, demonstrating the organization’s capacity to support its members effectively. With 539 members relying on its services, the Exchange facilitates not just access to crucial construction documents but also fosters relationships among professionals within the industry. Its commitment to improving community relations and enhancing business opportunities contributes to the overall development and efficiency of the construction sector in the Fargo area. Through its dedicated resources and support, the Fargo-Moorhead Builders & Traders Exchange plays a key role in the growth and integrity of the local construction community.




This information is meant to be a general summary of Fargo-Moorhead Builders & Traders Exchange Inc. 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
$559,038 (2022)
Expenses
$557,203 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15,305
  • Program Service Revenue: $534,797
  • Gross Receipts: $602,670

Assets and Liabilities:

  • Total Assets: $1,412,828
  • Total Liabilities: $13,351
  • Net Assets: $1,399,477

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Programs

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

Membership Dues

Revenue

$512,874

Other Supporting Reven

Revenue

$21,923

Organization Details

Founding Year

1905

Principal Officer

Chris Stollenwerk

Main Address

1010 Page Drive South, Fargo, ND, 58103

NTEE Category

Code: S41 - Community improvement

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