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← MASTER BUILDERS ASSOCIATION OF KING AND SNOHOMISH COUNTIES

Form 990 for tax year 2025

Filed by MASTER BUILDERS ASSOCIATION OF KING AND SNOHOMISH COUNTIES.

Totals

Total revenue
$12,277,245
Total expenses
$12,983,457
Contributions and grants received
$51,519
Grants paid
$54,000
Program service revenue
$5,704,634
Investment income
$1,312,347
Other revenue
$5,208,745
Total assets, end of year
$46,933,957
Total liabilities, end of year
$21,924,347
Net assets or fund balances, end of year
$25,009,610
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $51,519

  • 1g · Noncash contributions included above

    $48,319

  • 2a · Program service revenue: GROUP RETRO INSURANCE

    total $4,015,284 · related or exempt $4,015,284

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $894,558 · related or exempt $894,558

  • 2c · Program service revenue: BIAW ROII PROGRAM

    total $351,001 · related or exempt $351,001

  • 2d · Program service revenue: NETWORKING EVENTS

    total $307,006 · related or exempt $307,006

  • 2e · Program service revenue: BUILT GREEN PROGRAM

    total $136,785 · related or exempt $136,785

  • 3 · Investment income

    total $492,737 · excluded $492,737

  • 5 · Royalties

    total $5,098,025 · related or exempt $1,162,779 · excluded $3,935,246

  • 6a · Gross rents

    real property $25,360

  • 6b · Less rental expenses

    real property $27,986

  • 6c · Rental income or loss

    real property -$2,626

  • 6d · Net rental income or loss

    total -$2,626 · excluded -$2,626

  • 7a · Gross sales of assets other than inventory

    securities $5,216,282

  • 7b · Less cost or other basis and sales expenses

    securities $4,293,782 · other assets $102,890

  • 7c · Gain or loss

    securities $922,500 · other assets -$102,890

  • 7d · Net gain or loss

    total $819,610 · excluded $819,610

  • 11a · Other revenue: PUBLICATIONS

    total $72,470 · unrelated business $72,470

  • 11b · Other revenue: MBA PURCHASING PRGRM

    total $35,304 · excluded $35,304

  • 11c · Other revenue: CREDIT CARD REWARDS

    total $4,000 · excluded $4,000

  • 11d · All other revenue

    total $1,572 · excluded $1,572

  • 11e · Other revenue, total

    $113,346

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $41,500

  • 2 · Grants to domestic individuals

    total $12,500

  • 5 · Compensation of officers, directors and key employees

    total $710,534

  • 7 · Other salaries and wages

    total $3,990,809

  • 8 · Pension plan contributions

    total $130,111

  • 9 · Other employee benefits

    total $426,637

  • 10 · Payroll taxes

    total $368,458

  • 11b · Fees: legal

    total $391,591

  • 11c · Fees: accounting

    total $60,172

  • 11d · Fees: lobbying

    total $156,000

  • 11f · Fees: investment management

    total $78,116

  • 11g · Fees: other

    total $153,157

  • 12 · Advertising and promotion

    total $380,064

  • 13 · Office expenses

    total $137,097

  • 14 · Information technology

    total $386,957

  • 16 · Occupancy

    total $390,792

  • 17 · Travel

    total $15,156

  • 19 · Conferences, conventions and meetings

    total $89,179

  • 20 · Interest

    total $2,479

  • 22 · Depreciation, depletion and amortization

    total $462,748

  • 23 · Insurance

    total $32,574

  • 24a · Other expenses: GRIP PROGRAM

    total $3,053,780

  • 24b · Other expenses: EVENT EXPENSES

    total $718,842

  • 24c · Other expenses: PAC CONTRIBUTION

    total $300,000

  • 24d · Other expenses: TAXES & LICENSES

    total $157,585

  • 24e · All other expenses

    total $336,619

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $742,371 · end of year $961,131

  • 2 · Savings and temporary cash investments

    beginning of year $1,089,529 · end of year $1,455,247

  • 4 · Accounts receivable

    beginning of year $347,949 · end of year $432,619

  • 9 · Prepaid expenses and deferred charges

    beginning of year $265,611 · end of year $244,236

  • 10a · Land, buildings and equipment: cost or other basis

    $11,970,666

  • 10b · Land, buildings and equipment: accumulated depreciation

    $8,683,251

  • 10c · Land, buildings and equipment, net

    beginning of year $3,548,385 · end of year $3,287,415

  • 11 · Investments: publicly traded securities

    beginning of year $19,779,343 · end of year $20,293,954

  • 12 · Investments: other securities

    beginning of year $219,172 · end of year $0

  • 14 · Intangible assets

    beginning of year $30,000 · end of year $30,000

  • 15 · Other assets

    beginning of year $18,980,212 · end of year $20,229,355

  • 17 · Accounts payable and accrued expenses

    beginning of year $764,060 · end of year $1,072,547

  • 19 · Deferred revenue

    beginning of year $447,561 · end of year $424,583

  • 25 · Other liabilities

    beginning of year $19,218,337 · end of year $20,427,217

  • 27 · Net assets without donor restrictions

    beginning of year $24,570,329 · end of year $25,009,610

  • 28 · Net assets with donor restrictions

    beginning of year $2,285 · end of year $0

Mission and programs · 2025

Mission

TO PROMOTE AND PROTECT THE VIABILITY OF THE HOME BUILDING INDUSTRY.

  • MEMBERSHIP PROGRAMS:- MBAKS IS THE OLDEST AND LARGEST LOCAL HOME BUILDERS ASSOCIATION IN THE US. WE HAVE SERVED OUR MEMBERS FOR MORE THEN 116 YEARS. IN 2025, WE HAD 2,404 (2,861 INCLUDING AFFILIATES) MEMBERS WITH 87% RETENTION. - CONTINUED OPERATION OF STATE LABOR AND INDUSTRIES RETROSPECTIVE RATING PROGRAM. SUCCESSFUL PROGRAM MANAGEMENT, WITH OVER $49M IN PREMIUMS AND $13M REFUNDED TO PARTICIPATING EMPLOYERS. - OVER 30 YEARS OF SPONSORSHIP OF MBAKS HEALTH INSURANCE TRUST, WHICH PROVIDES FULLY INSURED, AFFORDABLE HEALTH CARE COVERAGE TO OVER 18,000 PARTICIPANTS IN KING AND SNOHOMISH COUNTIES.

  • ADVOCACY: -HOUSING ADVOCACY MEETINGS AND EVENTS HOSTED BY MBAKS GATHER OVER 1,500 ATTENDEES THROUGHOUT THE YEAR. - MBAKS TEAM ADVOCATES INDUSTRY ISSUES WITH OVER 300 INDIVIDUAL ELECTED OFFICIALS AND INTERVIEWED 30 INDIVIDUAL CANDIDATES FOR LOCAL OFFICE. - AIMS TO INCREASE COMMUNICATION AND AWARENESS FOR HOUSING ADVOCACY THROUGH SOCIAL MEDIA OUTREACH PROGRAM.

  • COMMUNITY STEWARDSHIP:- PARTNERED WITH MULTIPLE HOUSING RELATED NON-PROFITS WITH SPONSORSHIPS AND CHARITABLE CONTRIBUTIONS IN SUPPORT OF HOUSING RELATED CAUSES. - PROVIDED SCHOLARSHIPS TOTALING OVER 10,000 TO INDIVIDUALS IN CONSTRUCTION RELATED PROGRAMS - BUILT 27 RAMPS WITH 21 VOLUNTEER TEAMS (437 TOTAL VOUNTEERS) - REPAINTED NONPROFIT DOMESTIC VIOLENCE SERVICES OF SNOHOMISH COUNTIES WITH 50 VOLUNTEERS - PLANTED 64 TREES AT PARAMOUNT PARK IN PARTNERSHIP WITH THE CITY OF SHORELINE (81 TOTAL VOLUNTEERS)

  • MEMBER ENGAGEMENT & PROGRAMS: - PROVIDED OVER 250 EVENTS AND MEETINGS COVERING TOPICS SUCH AS SAFETY, BUSINESS MANAGEMENT, PROFESSIONAL DEVELOPMENT, ECONOMIC AND HOUSING TRENDS, HOUSING POLICY, LEGISLATIVE DEVELOPMENTS, DEVELOPER, BUILDER AND REMODELER ISSUES, SMALL BUSINESS TOPICS, MEMBER BENEFITS, AND HOUSING ADVOCACY. BUILT GREEN PROGRAM: -CERTIFIED OVER 1000 PROJECTS AND OVER 1,300 TOTAL UNITS AS BUILT GREEN

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Trevor Johnson

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related

  • Jennifer Tennyson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1.5 + 0.5 related

  • Vitaliy Gutsalo

    1ST VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Tod Sakai

    2ND VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • Brenda Nunes

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Aaron Hollingbery

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Aaron Golden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Jeff Skall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Jennifer Robnett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Jennifer Vanderbeken

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mark Chriest

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Mirante

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Leo Speaks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Jordan Thayer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Mark Villwock

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jeremy Hall

    EXECUTIVE DIRECTOR

    Total calculated
    $484,918
    From this org
    $460,387
    From related orgs
    $0
    Other
    $24,531
    Hours/week
    50 + 1 related

    Schedule J breakdown matched by us

    Base
    $371,280
    Bonus
    $89,107
    Other
    $0
    Deferred
    $13,959
    Nontaxable benefits
    $10,572
    Filer's total
    $484,918

  • Kevin McCracken

    DIR OF FIN & SHARED SVCS

    Total calculated
    $225,616
    From this org
    $199,728
    From related orgs
    $0
    Other
    $25,888
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $180,600
    Bonus
    $19,078
    Other
    $50
    Deferred
    $8,370
    Nontaxable benefits
    $17,518
    Filer's total
    $225,616

  • Brian Holtzclaw

    GENERAL COUNSEL

    Total calculated
    $323,845
    From this org
    $302,665
    From related orgs
    $0
    Other
    $21,180
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $252,225
    Bonus
    $50,440
    Other
    $0
    Deferred
    $11,808
    Nontaxable benefits
    $9,372
    Filer's total
    $323,845

  • Aaron Adelstein

    VP OF BUSINESS OPS THRU 11/25

    Total calculated
    $217,244
    From this org
    $201,325
    From related orgs
    $0
    Other
    $15,919
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $201,275
    Bonus
    $0
    Other
    $50
    Deferred
    $7,581
    Nontaxable benefits
    $8,338
    Filer's total
    $217,244

  • Jennifer Anderson

    DIRECTOR OF GOV AFFAIRS

    Total calculated
    $251,953
    From this org
    $219,875
    From related orgs
    $0
    Other
    $32,078
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,525
    Bonus
    $21,250
    Other
    $100
    Deferred
    $9,355
    Nontaxable benefits
    $22,723
    Filer's total
    $251,953

  • Colby Goodman

    MEMBERSHIP DIRECTOR

    Total calculated
    $221,619
    From this org
    $211,151
    From related orgs
    $0
    Other
    $10,468
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $174,351
    Bonus
    $36,800
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,468
    Filer's total
    $221,619

  • Russ Vanover

    IT DIRECTOR

    Total calculated
    $173,830
    From this org
    $153,904
    From related orgs
    $0
    Other
    $19,926
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,904
    Bonus
    $0
    Other
    $0
    Deferred
    $6,258
    Nontaxable benefits
    $13,668
    Filer's total
    $173,830

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • MBA-KS AFFORDABLE HOUSING COUNCIL

    527 · POL ACTION COMM-SUPPORTS HOUSING FRIENDLY CANDIDATES · WA

Provenance

Return type
form_990
Tax year
2025
Filed
31 July 2026
IRS schema version
2025v4.2
Source object
202612159349301071

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