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Nonprofiteer
← NORTH STATE BUILDING INDUSTRYFOUNDATION

Form 990 for tax year 2024

Filed by NORTH STATE BUILDING INDUSTRYFOUNDATION.

Totals

Total revenue
$1,224,921
Total expenses
$1,516,795
Contributions and grants received
$836,953
Grants paid
$0
Program service revenue
$350,974
Investment income
$8,610
Other revenue
$28,384
Total assets, end of year
$207,100
Total liabilities, end of year
$129,903
Net assets or fund balances, end of year
$77,197
Program services expenses (Part IX)
$1,104,423
Management and general expenses
$403,157
Fundraising expenses
$9,215
Program service expenses (Part III)
$1,104,423

Program services were 72.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

  • 1c · Fundraising events

    $18,887

  • 1d · Related organizations

    $15,000

  • 1e · Government grants (contributions)

    $638,941

  • 1f · All other contributions, gifts and grants

    $164,125

  • 2a · Program service revenue: WORKFORCE DEVELOPMENT

    total $350,974 · related or exempt $350,974

  • 3 · Investment income

    total $8,610 · excluded $8,610

  • 8a · Fundraising events: gross income

    $57,047

  • 8a · Fundraising events: contributions included on line 1c

    $18,887

  • 8b · Fundraising events: direct expenses

    $29,552

  • 8c · Net income from fundraising events

    total $27,495 · excluded $27,495

  • 11a · Other revenue: OTHER INCOME

    total $889 · related or exempt $889

  • 11e · Other revenue, total

    $889

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $130,523 · program services $91,272 · management and general $38,849 · fundraising $402

  • 7 · Other salaries and wages

    total $633,053 · program services $442,683 · management and general $188,422 · fundraising $1,948

  • 9 · Other employee benefits

    total $86,922 · program services $60,783 · management and general $25,871 · fundraising $268

  • 10 · Payroll taxes

    total $88,805 · program services $62,100 · management and general $26,432 · fundraising $273

  • 11c · Fees: accounting

    total $37,058 · program services $37,058

  • 11g · Fees: other

    total $89,694 · program services $69,198 · management and general $20,482 · fundraising $14

  • 12 · Advertising and promotion

    total $75,124 · program services $43,720 · management and general $31,204 · fundraising $200

  • 13 · Office expenses

    total $37,436 · program services $32,318 · management and general $4,945 · fundraising $173

  • 14 · Information technology

    total $16,259 · program services $289 · management and general $15,970

  • 16 · Occupancy

    total $75,482 · program services $44,026 · management and general $25,639 · fundraising $5,817

  • 17 · Travel

    total $8,702 · program services $4,812 · management and general $3,804 · fundraising $86

  • 19 · Conferences, conventions and meetings

    total $5,949 · program services $1,316 · management and general $4,633

  • 22 · Depreciation, depletion and amortization

    total $2,342 · management and general $2,342

  • 23 · Insurance

    total $10,974 · program services $7,674 · management and general $3,266 · fundraising $34

  • 24a · Other expenses: PROJECT EXPENSES

    total $206,119 · program services $206,119

  • 24b · Other expenses: STAFF/TRAINING

    total $7,533 · program services $1,055 · management and general $6,478

  • 24c · Other expenses: DUES

    total $4,820 · management and general $4,820

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $150,215 · end of year $61,491

  • 2 · Savings and temporary cash investments

    beginning of year $162,311 · end of year $0

  • 4 · Accounts receivable

    beginning of year $115,423 · end of year $129,492

  • 9 · Prepaid expenses and deferred charges

    beginning of year $12,104 · end of year $13,407

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

    $8,223

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

    $5,513

  • 10c · Land, buildings and equipment, net

    beginning of year $5,050 · end of year $2,710

  • 17 · Accounts payable and accrued expenses

    beginning of year $51,032 · end of year $94,989

  • 19 · Deferred revenue

    beginning of year $25,000 · end of year $34,914

  • 27 · Net assets without donor restrictions

    beginning of year $173,601 · end of year -$8,113

  • 28 · Net assets with donor restrictions

    beginning of year $195,470 · end of year $85,310

Mission and programs · 2024

Mission

THE ORGANIZATION'S MISSION IS TO CREATE A FUTURE-READY HOMEBUILDING WORKFORCE THROUGH TRAINING, UPSKILLING AND PLACEMENT FOR JOB SEEKERS AND CURRENT HOMEBUILDING PROFESSIONALS.

Activities or mission (Part I)

IN 2024, THE ORGANIZATION FULFILLED ITS MISSION TO TRAIN, UPSKILL AND PLACE PEOPLE INTO HOMEBUILDING ROLES BY TRAINING OVER 200 INDIVDUALS FOR THE HOMEBUILDING INDUSTRY AND PLACING OVER 60% INTO THE INDUSTRY. THIS ALLOWS US TO CONTINUE TO REDUCE THE SKILLS GAP IN THE CONSTRUCTION WORKFORCE.

  • CAREER CONSTRUCTION EDUCATION WAS PROVIDED TO YOUTH AND ADULTS THROUGH HIGH SCHOOL INTERNSHIPS AND INDUSTRY DRIVEN SKILLS TRAINING. IN 2024, WE TRAINED OVER 200 PEOPLE FOR THE INDUSTRY AND PLACED OVER 85% INTO JOBS OR FURTHER EDUCATION.

    Expenses $1,104,423 · Revenue $351,863

  • OUR BUILD STRONG ACADEMY OF SACRAMENTO, A PARTNERSHIP WITH THE HOME BUILDERS INSTITUTE, HAS BECOME THE TOP ACADEMY IN THE COUNTRY ENROLLING 140 INDIVIDUALS AND PLACING 85% INTO INDUSTRY RELATED JOBS.

As filed on the 2024 return.

Listed in Part VII

  • CHELSEA RICHARDSON

    CHAIR

    Total calculated
    $0
    Hours/week
    2 + 1 related
  • DUDLEY MALLINSON

    VICE CHAIR & TREASURER

    Total calculated
    $0
    Hours/week
    2
  • LANDON CAPAGLI

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • LINCOLN LEAMAN

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    2
  • ASHU MISHRA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • LAURA BLACK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • WHITNEY SQUIRE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MARIA TRUNZO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BRIAN MOTHERAL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MELISSA SETZER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KRISTIN STUART

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • PATRICK MCPHETRIDGE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ED PEREZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • TINA CRUCE

    BIA REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • JENNIFER POFF

    EXECUTIVE DIRECTOR

    Total calculated
    $130,523
    From this org
    $124,308
    From related orgs
    $0
    Other
    $6,215
    Hours/week
    40
  • TIMOTHY MURPHY

    PRESIDENT/CEO

    Total calculated
    $239,275
    From this org
    $0
    From related orgs
    $233,500
    Other
    $5,775
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $225,000 related
    Bonus
    $0
    Other
    $0 + $8,500 related
    Deferred
    $0 + $5,775 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $239,275 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 · Written employment contract
  • 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
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE PRESIDENT/CEO IS PAID FROM A RELATED ORGANIZATION, NORTH STATE BUILDING INDUSTRY ASSOCIATION. THE RELATED ORGANIZATION USES THE FOLLOWING PROCEDURES TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR/CEO: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
16 November 2025
IRS schema version
2024v5.2
Source object
202523219349300902

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