Annual Report
2023
ANNUAL REPORT 2023
MESSAGE
The Chairman
"With the growing membership numbers, MBI is even more focused on creating new and useful engagement opportunities, while enhancing the value proposition for your membership investment."
- Randy Clarahan | Mortenson
"
FROM
"Master Builders of Iowa is constantly working to provide added benefits for the investment made by member companies, while assuring that these efforts are timely, relevant, and address the needs of the industry."
-Chad Kleppe - President/CEO
ADVANCING THE
INDUSTRY
"
MB EYE ON THE FUTURE 2023
"The 2023 Legislature was laser-focused on education reforms and the structure of state government. That afforded MBI the opportunity to pursue a "do no harm " strategy. We have made substantial reforms for Iowa businesses in the past decade, and sometimes it's best to quietly avoid the politicization that comes with the territory. We also took this opportunity to focus on strong MBI-PAC fundraising and increased participation at our events!"
- Ben Hammes - Vice President of Association Affairs and Member Engagement
Advocacy
"
MBI-PAC SPORTING CLAY 2023
“Looking back at 2023, we see an abundant amount of effort, collaboration, and progress in moving the needle closer to our Mission Zero goal of having 0 fatalities in the commercial building industry. The CSSI Staff tripled their qualified trainer certifications, added invaluable pieces of equipment to enhance our training quality, and enhanced the overall learning environment for our craft workers. We have also stengthened our partnerships with key vendors and training contractors to add a more inclusive offering to meet the needs of all of our members, no matter their geographical location.”
- Joe Melton - Vice President of Industry Services
Education
"
BUILDING A SAFETY CHAMPION 2023
MEMBER ENGAGEMENT
MBI Memberships
502
1147
Online Subscribers
Industry Personnel Trained - Professional Development Sessions
2808
4309
Industry Field Workers Trained - Certification or Safety Related Training
PAC Contributors
137
Participants for PAC Golf & PAC Sporting Clays
306
177
MBI Members who volunteer & serve on committees
MBI Members Who Serve in the Leadership Pool
337
1537
Winter Conference Attendees
459
Breakfast Club Attendance
13026
Social Media Followers
3076
Podcast Downloads
Enrolled in Master Builder Designation Program
1291
Exceptional Field Workers Recognized During Construction Week
197
Job Site Visits By CSSI
995
Daily Project Information Subscribers of The Source
1587
TOTAL NUMBER OF MEMBER ENGAGEMENTS
37,445
FINANCIALS
MBI remains in a very strong financial position.
For the fiscal year 2022-2023, MBI finished with income totaling $3,934,307. Whereas, total expenses incurred over this past fiscal year equated to $3,655,845. At year-end, MBI finished with a net operating income of $278,462.
INCOME - $3,934,307
DUES = 28% - $1,100,236
SEMINAR & TRAINING = 28% - $1,108,185
PLAN ROOM = 36% - $1,419,741
OTHER = 8% - $333,145
36%
28%
28%
8%
MBI WORKS ENDOWMENT FUND
As of October 31, 2023
$4,871,103
MBI RESERVES FUND
As of October 31, 2023
$962,577
SCHOLARSHIP EDUCATION FUND
As of October 31, 2023
$561,752
EXPENSES - $3,655,845
MEMBER SERVICES = 46% - $1,688,374
OVERHEAD = 11% - $406,534
PAYROLL = 36% - $1,302,705
DEPRECIATION = 7% - $258,232
46%
7%
11%
36%
"
As an association, we reached new heights on membership, created greater engagement opportunities, expanded educational offerings, accommodated additional networking events, all while concentrating on adding additional returns to your membership investment.
- Chad Kleppe - President/CEO
MESSAGE
THE CEO
FROM
REGIONAL MEETING 2023