Form 990 for tax year 2023
Filed by SACRAMENTO BUILDERS EXCHANGE INC.
Totals
- Total revenue
- $1,561,481
- Total expenses
- $1,847,306
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $1,419,297
- Investment income
- $69,131
- Other revenue
- $73,053
- Total assets, end of year
- $7,142,993
- Total liabilities, end of year
- $769,199
- Net assets or fund balances, end of year
- $6,373,794
- Program services expenses (Part IX)
- $1,623,443
- Management and general expenses
- $223,863
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,623,443
Program services were 87.9% 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
total $892,859 · excluded $892,859
-
2b · Program service revenue: NETWORKING/EDUCATIONAL
total $526,438 · excluded $526,438
-
2c · Program service revenue: SEMINARS
-
3 · Investment income
total $51,657 · related or exempt $51,657
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $231,539
-
6b · Less rental expenses
real property $179,010
-
6c · Rental income or loss
real property $52,529
-
6d · Net rental income or loss
total $52,529 · related or exempt $74,445 · unrelated business -$21,916
-
7a · Gross sales of assets other than inventory
securities $925,109
-
7b · Less cost or other basis and sales expenses
securities $907,635
-
7c · Gain or loss
securities $17,474
-
7d · Net gain or loss
total $17,474 · excluded $17,474
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: OTHER/MISC INCOME
total $20,524 · excluded $20,524
-
11e · Other revenue, total
$20,524
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $175,008 · program services $141,757 · management and general $33,251
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $566,352 · program services $458,745 · management and general $107,607
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $7,500 · management and general $7,500
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $8,972 · program services $6,903 · management and general $2,069
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $225,761 · program services $182,866 · management and general $42,895
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $9,596 · program services $7,773 · management and general $1,823
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $112,778 · program services $91,350 · management and general $21,428
-
23 · Insurance
total $23,231 · program services $18,817 · management and general $4,414
-
24a · Other expenses: MEMBER EVENTS
total $702,972 · program services $702,972
-
24b · Other expenses: OTHERS
total $15,136 · program services $12,260 · management and general $2,876
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $425,849 · end of year $626,533
-
2 · Savings and temporary cash investments
beginning of year $2,263,545 · end of year $1,860,070
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $15,735 · end of year $23,675
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $443,201 · end of year $596,665
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $13,940 · end of year $36,572
-
10a · Land, buildings and equipment: cost or other basis
$5,757,555
-
10b · Land, buildings and equipment: accumulated depreciation
$1,818,445
-
10c · Land, buildings and equipment, net
beginning of year $4,086,596 · end of year $3,939,110
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $60,368
-
17 · Accounts payable and accrued expenses
beginning of year $83,731 · end of year $110,098
-
19 · Deferred revenue
beginning of year $247,765 · end of year $223,390
-
23 · Secured mortgages and notes payable
beginning of year $371,535 · end of year $410,116
-
25 · Other liabilities
beginning of year $11,366 · end of year $25,595
-
27 · Net assets without donor restrictions
beginning of year $6,534,469 · end of year $6,373,794
Mission and programs · 2023
Mission
TO ENHANCE PUBLIC AWARENESS OF THE ECONOMIC VALUE AND PUBLIC BENEFIT OF THE CONSTRUCTION INDUSTRY; TO ESTABLISH AND MAINTAIN LIASON AMONG MEMBERS OF THE CORPORATION FOR PURPOSES OF INFORMATION, EDUCATION, AND MUTUAL BENEFITS, AND TO COOPERATE WITH ALL SEGMENTS OF THE CONSTRUCTION INDUSTRY IN COMMON GOALS FOR THE BETTERMENT OF THE INDUSTRY. TO FOSTER AND MAINTAIN HIGH STANDARDS OF QUALITY, ETHICS, AND FAIR DEALING BY AND BETWEEN ALL PERSONS ENGAGED IN THE CONSTRUCTION INDUSTRY.
-
EDUCATIONAL & WORKFORCE DEVELOPMENT: THE BUILDERS EXCHANGE OFFERS NUMEROUS CONSTRUCTION CLASSES, SEMINARS AND SAFETY TRAININGS TO HELP OUR MEMBERSHIP GROW THEIR BUSINESS ACUMEN, COMPLY WITH CONTINUALLY-CHANGING REGULATORY ENVIRONMENT AND PROTECT THE HEALTH AND WELFARE OF THEIR EMPLOYEES ON THE CONSTRUCTION JOBSITE. THESE CLASSES COVER A VARIETY OF TOPICS SUCH AS MECHANIC LIENS, PREVAILING WAGE COMPLIANCE, GREEN BUILDING, LEED ACCREDITATION, SWPPP, CONSTRUCTION CONTRACTS AND BONDING, OSHA AND OTHER SAFETY TRAINING CLASSES. OUR FACILITY HAS SEVERAL TRAINING ROOMS WHERE WE UTILIZE OUR PARTNERSHIPS WITH CALIFORNIA'S TOP SAFETY EXPERTS TO EDUCATE MEMBER COMPANIES. THROUGH OUR 501(C)(3) CONSTRUCTION INDUSTRY EDUCATIONAL FOUNDATION, THE EXCHANGE PROMOTES CONSTRUCTION INDUSTRY CAREERS TO HIGH SCHOOL STUDENTS AND PROVIDES TENS OF THOUSANDS OF DOLLARS IN SCHOLARSHIPS ANNUALLY TO THOSE PURSUING PROFESSIONAL AND TRADES CAREER PATHS IN CONSTRUCTION.
Expenses $1,623,443
-
INDUSTRY NETWORKING: THE EXCHANGE AND CIEF, ITS RELATED ENTITY, OFFER MORE THAN TWO DOZEN NETWORKING EVENTS ANNUALY, ALLOWING MEMBERS TO NETWORK AND DEVELOP THE BUSINESS RELATIONSHIPS UPON WHICH THEY RELY. OUR MENU OF EVENTS INCLUDES ACTIVITIES SUCH AS: GOLF TOURNAMENTS, CRAB FEED, THE ANNUAL BOARD INSTALLATION DINNER, SUMMER BBQ EVENT, AND THE HOLIDAY MIXER, WHERE SRBX AND OUR WORKFORCE FOUNDATION JOIN TO PROVIDE TOYS AND MONETARY DONATIONS FOR LOCAL CHILDREN'S CHARITIES. EACH YEAR OVER 3,000 ATTENDEES PARTICIPATE IN THESE NETWORKING EVENTS.
As filed on the 2023 return.
Listed in Part VII
-
Tim MurphyTIM MURPHY
CEO
- Total calculated
- $177,773
- From this org
- $175,008
- From related orgs
- $0
- Other
- $2,765
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $175,008
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $2,765
- Filer's total
- $177,773
-
Randy HudsonRANDY HUDSON
Past President
- Total calculated
- $0
- Hours/week
- 0.5
-
Craig SweeneyCRAIG SWEENEY
President
- Total calculated
- $0
- Hours/week
- 0.5
-
Frank RadoslovichFRANK RADOSLOVICH
Vice President
- Total calculated
- $0
- Hours/week
- 0.5
-
Kevin StillmanKEVIN STILLMAN
Secretary
- Total calculated
- $0
- Hours/week
- 0.5
-
Jen MatulichJEN MATULICH
Treasurer
- Total calculated
- $0
- Hours/week
- 0.5
-
Kristi RolakKRISTI ROLAK
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Heather BasingerHEATHER BASINGER
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Chad FigelCHAD FIGEL
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Rob BrinzerROB BRINZER
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Tom FordTOM FORD
President-Elect
- Total calculated
- $0
- Hours/week
- 0.5
-
Dina KimbleDINA KIMBLE
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Kelly MavesKELLY MAVES
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Geoff PitzerGEOFF PITZER
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Ed PrimasingED PRIMASING
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Jillian WelchJILLIAN WELCH
Director
- Total calculated
- $0
- Hours/week
- 0.5
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.
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.
-
sacramento builders exchange PAC
527 · POLITICAL · CA · controlled entity
Directly controlled by SACRAMENTO BUILDERS EXCHANGE
-
CONSTRUCTION INDUSTRY EDUCATIONAL
501c3 · Education/community · CA
Directly controlled by sacramento regional builders exchange
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403179349304310
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