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Nonprofiteer
← THE BUILDER COALITION INC

Form 990 for tax year 2022

Filed by THE BUILDER COALITION INC.

Totals

Total revenue
$472,765
Total expenses
$317,138
Contributions and grants received
$412,731
Grants paid
$0
Program service revenue
$47,978
Investment income
$0
Other revenue
$12,056
Total assets, end of year
$344,475
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$344,475
Program services expenses (Part IX)
$189,913
Management and general expenses
$120,645
Fundraising expenses
$6,580
Program service expenses (Part III)
$189,913

Program services were 59.9% 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.

  • 1e · Government grants (contributions)

    $45,000

  • 1f · All other contributions, gifts and grants

    $367,731

  • 2a · Program service revenue: PROGRAM SERVICE REVENU

    total $47,978 · related or exempt $47,978

  • 8a · Fundraising events: gross income

    $24,605

  • 8b · Fundraising events: direct expenses

    $16,312

  • 8c · Net income from fundraising events

    total $8,293 · excluded $8,293

  • 11a · Other revenue: POSTINGS & MEMBERSHIPS

    total $3,763 · related or exempt $3,763

  • 11e · Other revenue, total

    $3,763

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $161,030 · program services $80,515 · management and general $80,515

  • 9 · Other employee benefits

    total $41,475 · program services $20,738 · management and general $20,737

  • 11b · Fees: legal

    total $1,909 · management and general $1,909

  • 11c · Fees: accounting

    total $500 · management and general $500

  • 13 · Office expenses

    total $8,216 · program services $4,108 · management and general $4,108

  • 23 · Insurance

    total $1,531 · program services $766 · management and general $765

  • 24a · Other expenses: PROGRM EXPENSES

    total $72,449 · program services $72,449

  • 24b · Other expenses: GRANT WRITER

    total $13,300 · program services $4,389 · management and general $4,389 · fundraising $4,522

  • 24c · Other expenses: CONSULTANTS

    total $9,900 · program services $4,950 · management and general $4,950

  • 24d · Other expenses: COMMUNICATIONS

    total $6,054 · program services $1,998 · management and general $1,998 · fundraising $2,058

  • 24e · All other expenses

    total $774 · management and general $774

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $188,848 · end of year $344,475

  • 27 · Net assets without donor restrictions

    beginning of year $188,848 · end of year $344,475

Mission and programs · 2022

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES INCLUDING CONVENING MINORITY REAL ESTATE PROFESSIONALS FOR THE PURPOSE OD EDUCATION AND NETWORKING AND CONDUCTING SUCH OTHER ACTIVITIES AND PROGRAM IN SUPPORT OF THE FORGOING PURPOSES AS MAY BE CARRIED OUT BY A CORPORATION ORGANIZED UNDER CHAPTER 180 OF MASSACHUSETTS GENERAL LAWS.

Activities or mission (Part I)

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES INCLUDING CONVENING MINORITY REAL ESTATE PROFESSIONALS FOR THE PURPOSE OF EDUCATION AND NETWORKING AND CONDUCTING SUCH OTHER ACTIVITIES AND PROGRAMS IN SUPPORT OF THE FOREGOING PURPOSES AS MAY BE CARRIED OUT BY A CORPORATION ORGANIZED UNDER CHAPTER 180 OF MASSACHUSETTS GENERAL LAWS.

  • THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONALPURPOSES INCLUDING CONVENING MINORITY REAL ESTATE PROFESSIONALS FOR THE PURPOSE OF EDUCATION AND NETWORKING AND CONDUCTING SUCH OTHER ACTIVITIES AND PROGRAMS IN SUPPORT OF THE FOREGOING PURPOSES AS MAY BE CARRIED OUT BY A CORPORATION ORGANIZED UNDER CHAPTER 180 OF MASSACHUSETTS GENERAL LAWS.

    Expenses $189,913 · Revenue $51,741

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dave Madan

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Taylor Pederson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Atakelti Desta

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Saeed Coates

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Aaron Horne

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Darryl Settles

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kendin Carr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Amarillys Rodriguez

    CLERK

    Total calculated
    $0
    Hours/week
    2

  • Jill Lacey Griffin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Marie Morisset

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Colleen Fonseca

    EXECUTIVE DIRECTOR

    Total calculated
    $92,308
    From this org
    $92,308
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $92,308
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $92,308

  • Phalgun Sai Boddupalli

    PROGRAM ADMINISTRATOR

    Total calculated
    $68,723
    From this org
    $68,723
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $68,723
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $68,723

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
  • 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

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
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202303199349321905

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