Billings Builders Exchange Inc

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

EIN: 810229688 ✦ Billings, MT ✦ Designated as a 501(c)(6)

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Overview

What is Billings Builders Exchange Inc?

Billings Builders Exchange Inc is a nonprofit organization situated in Billings, Montana. With a modest workforce of three individuals, its primary mission is to serve its members in the construction industry. The organization achieves this by providing accurate, timely reports on projects up for bids, encouraging competitive and thorough bidding practices, disseminating information about construction projects that might otherwise be unavailable to its members, and serving as a consolidated source of information for project leads. In essence, Billings Builders Exchange Inc facilitates a platform for its members to stay informed about potential projects and bid competitively, thereby fostering a responsible and efficient construction industry environment in the area.


Official website here: www.billingsplanroom.com

Is Billings Builders Exchange Inc legitimate?

Billings Builders Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Billings Builders 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $81,603

For more financial information, click here


Official website here: www.billingsplanroom.com

What is the mission statement of Billings Builders Exchange Inc?

Billings Builders Exchange Inc serves its members by providing several key services. Firstly, it ensures accurate and timely reporting on construction projects up for bids. Secondly, it encourages competitive, responsible, and thorough bidding practices within the industry. Thirdly, it offers valuable information about construction projects that its members might otherwise miss out on. Lastly, it acts as a consolidated source of information for project leads, making it easier for them to access relevant data. By offering these services, Billings Builders Exchange Inc aims to foster a competitive and well-informed construction industry.


Official website here: www.billingsplanroom.com

Who is the CEO of Billings Builders Exchange Inc?

Luke Hudson is the Outgoing President of Billings Builders Exchange Inc.


Official website here: www.billingsplanroom.com

What is the revenue of Billings Builders Exchange Inc?

Billings Builders Exchange Inc's revenue in 2022 was $433,235.


Official website here: www.billingsplanroom.com

Who are the executives of Billings Builders Exchange Inc and what are their salaries?

The average compensation at Billings Builders Exchange Inc during 2022 was $27,201. There are 3 employees at Billings Builders Exchange Inc.


Here are 8 key members and their salaries:


Jake Finnicum (Outgoing President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Titus (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nic Talmark (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Schafer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Mcdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zach Cayton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Herman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Hudson (Executive Secretary / Mana)
  • Compensation: $102,419
  • Related: $0
  • Other: $17,051


Official website here: www.billingsplanroom.com

Where can I find the form 990 for Billings Builders Exchange Inc?

Billings Builders Exchange Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.billingsplanroom.com

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

Mission Statement of Billings Builders Exchange Inc

Billings Builders Exchange Inc serves its member companies in the construction industry by carrying out several key functions. Primarily, the organization ensures the provision of accurate and timely reporting on projects that are up for bids. This service helps members stay informed and competitive in the bidding process. Billings Builders Exchange Inc also encourages responsible and thorough bidding practices, fostering a sense of accountability within the industry.

In addition to these services, Billings Builders Exchange Inc acts as a central hub of information for its members, providing them with details about construction projects that they may not have been aware of otherwise. By consolidating this information, the organization simplifies the process of identifying potential projects for its members. This service not only promotes efficiency but also encourages healthy competition within the industry.

In essence, Billings Builders Exchange Inc serves its member companies by providing them with vital information and tools that help them navigate the competitive landscape of the construction industry. By fostering accurate reporting, responsible bidding, and the consolidation of project information, the organization plays a crucial role in ensuring that its members remain informed and competitive in their field.

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Impact




October, 2024

Billings Builders Exchange Inc significantly enhances the construction industry in Billings, Montana, by delivering timely and accurate reporting on projects available for bidding. This service not only encourages competitive and responsible bidding practices but also ensures that its members, including contractors, subcontractors, and suppliers, have access to critical information that may not be readily available elsewhere.

The organization distributes weekly bulletins that keep members informed about upcoming projects, providing access to blueprints and specifications, which are vital for contractors looking to stay competitive. By acting as a centralized source for project leads, Billings Builders Exchange Inc fosters a collaborative environment that promotes community improvement through efficient construction practices and informed decision-making. Overall, its impact extends beyond individual members to benefit the entire construction ecosystem in the region.




This information is meant to be a general summary of Billings Builders 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
$433,235 (2022)
Expenses
$389,574 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $39,250
  • Program Service Revenue: $122,123
  • Gross Receipts: $465,370

Assets and Liabilities:

  • Total Assets: $1,461,542
  • Total Liabilities: $2,148
  • Net Assets: $1,459,394

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Programs

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

BLUEPRINT COPIES

Revenue

$106,098

BULLETIN ADVERTISING

Revenue

$16,025

Organization Details

Founding Year

1950

Principal Officer

Luke Hudson

Main Address

2050 BROADWATER AVENUE, BILLINGS, MT, 59102

NTEE Category

Code: S41 - Community improvement

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