AI Transparency Report
The Rhode Island Lumber & Building Material Dealers Association demonstrates consistent financial activity, with revenues and expenses generally in the range of $1.5 million to $3 million over the past decade. In the latest filing (202309), the organization reported revenues of $2,352,836 against expenses of $3,010,434, indicating a deficit for that period. This trend of expenses exceeding revenue has been observed in several recent periods, including 202209 and 201909. Despite these operational deficits, the organization maintains substantial assets, reported at $5,811,239 in 202309, which comfortably exceed its liabilities of $1,238,229, suggesting a healthy balance sheet and financial stability. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to minimizing administrative overhead in this area, enhancing its spending efficiency.