Form 990 for tax year 2023
Filed by BUILDERS EXCHANGE OF LOUISVILLE INCORPORATED.
Totals
- Total revenue
- $1,615,467
- Total expenses
- $1,524,349
- Contributions and grants received
- $0
- Grants paid
- $26,000
- Program service revenue
- $1,122,017
- Investment income
- $181,356
- Other revenue
- $312,094
- Total assets, end of year
- $8,289,161
- Total liabilities, end of year
- $653,869
- Net assets or fund balances, end of year
- $7,635,292
- Program services expenses (Part IX)
- $881,884
- Management and general expenses
- $642,465
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $881,884
Program services were 57.9% 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.
-
2a · Program service revenue: Membership Dues - Level I
total $702,640 · related or exempt $702,640
-
2b · Program service revenue: Membership Dues - Level II
total $396,867 · related or exempt $396,867
-
2c · Program service revenue: Copying Fees
total $17,710 · related or exempt $17,710
-
2d · Program service revenue: Admission Fees
total $4,800 · related or exempt $4,800
-
3 · Investment income
total $119,095 · excluded $119,095
-
5 · Royalties
total $174,267 · excluded $174,267
-
6a · Gross rents
real property $46,050
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $46,050
-
6d · Net rental income or loss
total $46,050 · related or exempt $46,050
-
7a · Gross sales of assets other than inventory
securities $2,606,698
-
7b · Less cost or other basis and sales expenses
securities $2,544,437
-
7c · Gain or loss
securities $62,261
-
7d · Net gain or loss
total $62,261 · excluded $62,261
-
8a · Fundraising events: gross income
$74,419
-
8b · Fundraising events: direct expenses
$67,176
-
8c · Net income from fundraising events
total $7,243 · excluded $7,243
-
11a · Other revenue: Insurance Admin Fees
total $42,670 · unrelated business $42,670
-
11b · Other revenue: Seminar Income
total $27,889 · excluded $27,889
-
11c · Other revenue: Advertising income
total $13,440 · unrelated business $13,440
-
11d · All other revenue
total $535 · excluded $535
-
11e · Other revenue, total
$84,534
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $26,000 · program services $26,000
-
5 · Compensation of officers, directors and key employees
total $157,046 · program services $157,046
-
7 · Other salaries and wages
total $624,421 · program services $312,430 · management and general $311,991
-
9 · Other employee benefits
total $122,023 · program services $67,852 · management and general $54,171
-
10 · Payroll taxes
total $56,082 · program services $33,353 · management and general $22,729
-
11c · Fees: accounting
total $76,530 · management and general $76,530
-
11f · Fees: investment management
total $40,433 · management and general $40,433
-
12 · Advertising and promotion
total $27,570 · management and general $27,570
-
13 · Office expenses
total $68,748 · program services $60,895 · management and general $7,853
-
14 · Information technology
total $73,422 · program services $73,422
-
16 · Occupancy
total $114,247 · program services $85,685 · management and general $28,562
-
17 · Travel
total $2,231 · management and general $2,231
-
19 · Conferences, conventions and meetings
total $34,482 · program services $17,241 · management and general $17,241
-
22 · Depreciation, depletion and amortization
total $76,599 · program services $45,960 · management and general $30,639
-
23 · Insurance
total $5,415 · management and general $5,415
-
24a · Other expenses: Taxes and licenses
total $10,480 · management and general $10,480
-
24b · Other expenses: Dues and Subscriptions
total $6,620 · management and general $6,620
-
24c · Other expenses: Admininstrative expense
total $2,000 · program services $2,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $279,173 · end of year $283,528
-
2 · Savings and temporary cash investments
beginning of year $579,425 · end of year $262,961
-
4 · Accounts receivable
beginning of year $159,088 · end of year $187,278
-
9 · Prepaid expenses and deferred charges
beginning of year $19,991 · end of year $28,057
-
10a · Land, buildings and equipment: cost or other basis
$2,189,558
-
10b · Land, buildings and equipment: accumulated depreciation
$1,138,371
-
10c · Land, buildings and equipment, net
beginning of year $1,034,812 · end of year $1,051,187
-
11 · Investments: publicly traded securities
beginning of year $5,327,881 · end of year $6,476,150
-
17 · Accounts payable and accrued expenses
beginning of year $43,878 · end of year $37,211
-
19 · Deferred revenue
beginning of year $656,093 · end of year $614,064
-
25 · Other liabilities
beginning of year $2,194 · end of year $2,594
-
27 · Net assets without donor restrictions
beginning of year $6,698,205 · end of year $7,635,292
Mission and programs · 2023
Mission
To offer creative resources to facilitate the success of the construction industry by providing valued products and services.
-
Gather, scan and enter construction project information and documents; daily updates to the website with such information; publish a weekly online news letter.
Expenses $853,884 · Revenue $1,168,067
-
Provide assistance for higher education.
Expenses $28,000 · Grants $26,000
As filed on the 2023 return.
Listed in Part VII
-
Jeff Murphy
Immediate Past President
- Total calculated
- $0
- Hours/week
- 1
-
Terri Albert
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Lynn Stetson
Chief Executive Officer
- Total calculated
- $157,046
- From this org
- $145,404
- From related orgs
- $0
- Other
- $11,642
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $145,404
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $11,642
- Filer's total
- $157,046
-
John Schnurr
Director
- Total calculated
- $0
- Hours/week
- 1
-
Todd Pottlitzer
President
- Total calculated
- $0
- Hours/week
- 1
-
Ed Coy
Director
- Total calculated
- $0
- Hours/week
- 1
-
Patrick Murphy
Director
- Total calculated
- $0
- Hours/week
- 1
-
James Strange
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ryan Dodson
1st VP
- Total calculated
- $0
- Hours/week
- 1
-
Chelsea Ellis-Hogan
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jack Resinger
Director
- Total calculated
- $0
- Hours/week
- 1
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
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 23 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422599349300312
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