ANNUAL REPORT 2022
"MBI's membership grew nearly 15% in 2022. In fact, we achieved a membership number of 450 members, which is the highest membership total in the history of this organization."
- Paul Koester | Koester Construction Co., Inc.
"This year was a mix of innovation, excitement and challenges for the MBI staff. Advancing the Association forward with all the moving pieces was challenging, but definitely one of the most rewarding."
-Chad Kleppe - President/CEO
"The MBI-PAC is one of the best tools available at our disposal for advocating for this membership and our industry. Thank you to all of those that supported the MBI-PAC in 2022."
- Ben Hammes - Director of Public Affairs
"This year has been one of many challenges within the industry that provided amazing opportunities. CSSI (Construction Safety Specialists, Inc.) made tremendous strides in moving all things we do further down the tracks on our Beyond Compliance philosophy. Many members have begun their Journey of Excellence. In the next 12 months, we look forward to many more members partnering with CSSI to achieve being the industry of choice for future talent entering the workforce."
- Joe Melton - Director of Safety Services
ADVANCING THE INDUSTRY
Construction Update Online & Regular Subscribers
Winter Conference Attendees
Industry Personnel Trained - Professional Development Sessions
Industry Field Workers Trained - Certification or Safety Related Training
Social Media Followers
Participants for PAC Golf & PAC Sporting Clays
Enrolled in Master Builder Designation Program
MBI Members who volunteer & serve on committees
MBI Members Who Serve in the Leadership Pool
Job Site Visits By CSSI
TOTAL NUMBER OF MEMBER ENGAGEMENTS
MBI remains in a very strong financial position.
For the fiscal year 2021-2022, MBI finished with income totaling $4,832,426. However, $959,079 of that amount was attributable to the proceeds from the sale of our old headquarters building. By removing that transaction from income, a more realistic income number is $3,873,347. Whereas, the total expenses incurred over this past fiscal year equated to $3,658,668. At year-end, MBI finished with a net operating income of $214,679.
INCOME - $3,873,347
DUES = 26% - $1,016,613
SEMINAR & TRAINING = 27% - $1,034,737
PLAN ROOM = 38% - $1,487,462
OTHER = 9% - $334,535
MBI WORKS ENDOWMENT FUND
MBI RESERVES FUND
SCHOLARSHIP EDUCATION FUND
EXPENSES - $3,658,668
MEMBER SERVICES = 51% - $1,880,861
OVERHEAD = 12% - $436,548
PAYROLL = 35% - $1,265,294
DEPRECIATION = 2% - $75,965
A key highlight of 2022 was the completion of MBI's new headquarters building. We see it as being a hub for Iowa's commercial building industry and being used for networking programs, as well as bringing members together throughout the state through virtual meetings and hybrid training programs.
- Chad Kleppe - President/CEO