Totals
- Total revenue
- $322,044
- Total expenses
- $625,153
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $240,334
- Investment income
- $30,717
- Other revenue
- $50,993
- Total assets, end of year
- $8,493,601
- Total liabilities, end of year
- $21,047,989
- Net assets or fund balances, end of year
- -$12,554,388
- 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.
-
2a · Program service revenue: EXPOSITION/CONVENTION
total $166,335 · excluded $166,335
-
2b · Program service revenue: MEMBERSHIP DUES AND AS
total $73,999 · related or exempt $73,999
-
3 · Investment income
total $30,717 · excluded $30,717
-
6a · Gross rents
real property $8,207
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $8,207
-
6d · Net rental income or loss
total $8,207 · excluded $8,207
-
11a · Other revenue: REIMB SHARED EXPENSES
total $42,786 · unrelated business $42,786
-
11e · Other revenue, total
$42,786
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $207,879
-
8 · Pension plan contributions
total $8,294
-
10 · Payroll taxes
total $11,868
-
11b · Fees: legal
total $2,580
-
11c · Fees: accounting
total $3,003
-
11f · Fees: investment management
total $754
-
11g · Fees: other
total $7,000
-
12 · Advertising and promotion
total $14,782
-
13 · Office expenses
total $21,347
-
14 · Information technology
total $20,960
-
16 · Occupancy
total $33,544
-
17 · Travel
total $505
-
19 · Conferences, conventions and meetings
total $16,378
-
22 · Depreciation, depletion and amortization
total $46,446
-
23 · Insurance
total $15,683
-
24a · Other expenses: EXPOSITION
total $213,081
-
24b · Other expenses: WORKFORCE INITIATIVES
total $1,046
-
24e · All other expenses
total $3
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $222,394 · end of year $535,312
-
2 · Savings and temporary cash investments
beginning of year $826,731 · end of year $831,600
-
4 · Accounts receivable
beginning of year $449,968 · end of year $247,064
-
9 · Prepaid expenses and deferred charges
beginning of year $336,099 · end of year $188,409
-
10a · Land, buildings and equipment: cost or other basis
$6,743,066
-
10b · Land, buildings and equipment: accumulated depreciation
$1,157,362
-
10c · Land, buildings and equipment, net
beginning of year $5,627,341 · end of year $5,585,704
-
12 · Investments: other securities
beginning of year $1,120,772 · end of year $1,105,512
-
17 · Accounts payable and accrued expenses
beginning of year $444,265 · end of year $288,567
-
19 · Deferred revenue
beginning of year $314,051 · end of year $260,756
-
25 · Other liabilities
beginning of year $20,116,940 · end of year $20,498,666
-
27 · Net assets without donor restrictions
beginning of year -$12,291,951 · end of year -$12,554,388
Mission and programs · 2024
Mission
THE PRIMARY OBJECTIVE OF MASTER BUILDERS OF IOWA IS TO DISSEMINATE CONSTRUCTION INDUSTRY INFORMATION FOR THE BENEFIT OF ITS MEMBERS AND THE CONSTRUCTION INDUSTRY, INCLUDING BUT NOT LIMITED TO LABOR AND SAFETY INFORMATION, NEWS, CONSTRUCTION PROJECT BID INFORMATION AND ANY OTHER INFORMATION THAT MAY AFFECT THE CONSTRUCTION INDUSTRY.
Activities or mission (Part I)
MASTER BUILDERS OF IOWA'S MISSION IS TO BE THE ESSENTIAL RESOURCE FOR IMPROVING MEMBER PERFORMANCE AND PROMOTING A BUSINESS ENVIRONMENT FAVORABLE TO THE CONSTRUCTION INDUSTRY.
-
THE MISSION OF MASTER BUILDERS OF IOWA IS TO BE THE ESSENTIAL RESOURCE FOR IMPROVING MEMBER PERFORMANCE AND PROMOTING A BUSINESS ENVIRONMENT FAVORABLE TO THE CONSTRUCTION INDUSTRY. WE OFFER A WIDE RANGE OF EDUCATIONAL, PROFESSIONAL DEVELOPMENT, AND TRAINING OPPORTUNITIES.
-
KEEPING MEMBERS INFORMED IS ONE THE MASTER BUILDERS OF IOWA PRIMARY OBJECTIVES. MBI PROVIDES A NUMBER OF INFORMATION PRODUCTS THAT ENSURE ITS MEMBERS ARE THE BEST INFORMED CONTRACTORS IN THE CONSTRUCTION BUSINESS.
-
MASTER BUILDERS OF IOWA EMPLOYS TWO LABOR RELATIONS SPECIALISTS WHO PROVIDE MEMBERS WITH A FULL RANGE OF SERVICES TO ASSIST THEM IN DEALING WITH WORKFORCE ISSUES. THESE ISSUES INCLUDE SUCH COMPLEX ISSUES AS STATE AND FEDERAL EMPLOYMENT REGULATIONS, LABOR RELATIONS, WAGE NEGOTIATIONS, AFFIRMATIVE ACTION POLICIES AND EMPLOYMENT DISCRIMINATION.
-
GOVERNMENT/LEGISLATIVE AFFAIRSCONVENTION/EXPOSITIONINDUSTRY RELATIONSRECOGNITION PROGRAMS/AWARDS
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Chad KleppeCHAD KLEPPE
PRESIDENT/CEO
- Total calculated
- $289,420
- From this org
- $260,461
- From related orgs
- $0
- Other
- $28,959
- Hours/week
- 25 + 15 related
Schedule J breakdown matched by us
- Base
- $207,511
- Bonus
- $42,750
- Other
- $10,200
- Deferred
- $12,913
- Nontaxable benefits
- $16,046
- Filer's total
- $289,420
-
Laurie DelmottLAURIE DELMOTT
COO
- Total calculated
- $187,297
- From this org
- $168,080
- From related orgs
- $0
- Other
- $19,217
- Hours/week
- 36 + 4 related
Schedule J breakdown matched by us
- Base
- $134,830
- Bonus
- $33,250
- Other
- $0
- Deferred
- $8,231
- Nontaxable benefits
- $10,986
- Filer's total
- $187,297
-
Joe MeltonJOE MELTON
VP INDUSTRY SERVICES
- Total calculated
- $182,759
- From this org
- $153,750
- From related orgs
- $0
- Other
- $29,009
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $111,956
- Bonus
- $32,794
- Other
- $9,000
- Deferred
- $7,697
- Nontaxable benefits
- $21,312
- Filer's total
- $182,759
-
Ben HammesBEN HAMMES
VP ASSOC AFFAIRS & MBR ENGAGEMENT
- Total calculated
- $165,756
- From this org
- $156,973
- From related orgs
- $0
- Other
- $8,783
- Hours/week
- 39 + 1 related
Schedule J breakdown matched by us
- Base
- $121,523
- Bonus
- $28,250
- Other
- $7,200
- Deferred
- $7,291
- Nontaxable benefits
- $1,492
- Filer's total
- $165,756
-
Kim HodneKIM HODNE
MANAGING DIRECTOR
- Total calculated
- $130,520
- From this org
- $122,253
- From related orgs
- $0
- Other
- $8,267
- Hours/week
- 40
-
Tara RinehartTARA RINEHART
VP OF INDUSTRY EDUCATION
- Total calculated
- $125,128
- From this org
- $117,555
- From related orgs
- $0
- Other
- $7,573
- Hours/week
- 40
-
Brandon BlackBRANDON BLACK
DIRECTOR OF EDUCATION AND TRAINING
- Total calculated
- $123,035
- From this org
- $111,442
- From related orgs
- $0
- Other
- $11,593
- Hours/week
- 40
-
Mike EspesetMIKE ESPESET
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Gordon ParkerGORDON PARKER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Matt ThompsonMATT THOMPSON
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Randy ClarahanRANDY CLARAHAN
PAST CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Eric BridgewaterERIC BRIDGEWATER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Steve FergusonSTEVE FERGUSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Amy FettersAMY FETTERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Darrin GilettDARRIN GILETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Eric HammerERIC HAMMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Frank KingFRANK KING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Jamie RichJAMIE RICH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Nichole SchmidtNICHOLE SCHMIDT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Brent ThompsonBRENT THOMPSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Joel VeenstraJOEL VEENSTRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Dan WardDAN WARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
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 · 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
The filer's explanations (Part III)
- PART II
- CHAD KLEPPE'S TIME IS DEDICATED 14 HOURS TO THE ORGANIZATION, 15 HOURS TO RELATED ORGANIZATIONS, AND 11 HOURS TO AN AFFILIATED BUT UNRELATED ORGANIZATION. LAURIE DELMOTT'S TIME IS DEDICATED 35 HOURS TO THE ORGANIZATION, 4 HOURS TO RELATED ORGANIZATIONS AND 1 HOUR TO AN AFFILIATED BUT UNRELATED ORGANIZATION.
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
No itemized grants to organizations 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.
-
CONSTRUCTION UPDATE PLAN ROOM NETWORK
501(C)(6) · PROVIDE PLAN ROOMS FOR CONTRACTORS · IA
-
IOWA CONSTRUCTION CAREER INSTITUTE
501(C)(3) · PROVIDING INFORMATION TO THE CONSTRUCTION INDUSTRY · IA
-
MASTER BUILDERS OF IOWA PAC
527 · RAISE CAMPAIGN FUNDS AT THE STATE AND LOCAL LEVEL · IA
-
501(C)(4) · ADVOCATING ISSUES ON COMMERICAL CONSTRUCTION INDUSTRY · IA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
CONSTRUCTION HEALTH LLC
GROUP HEALTH INSURANCE · IA
Directly controlled by MASTER BUILDERS OF IOWA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 7 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543169349305254
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