Totals
- Total revenue
- $2,666,448
- Total expenses
- $3,049,349
- Contributions and grants received
- $2,666,303
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $145
- Other revenue
- $0
- Total assets, end of year
- $3,308,070
- Total liabilities, end of year
- $1,028,912
- Net assets or fund balances, end of year
- $2,279,158
- Program services expenses (Part IX)
- $2,338,848
- Management and general expenses
- $336,419
- Fundraising expenses
- $374,082
- Program service expenses (Part III)
- $2,338,848
Program services were 76.7% 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.
-
1f · All other contributions, gifts and grants
$2,666,303
-
3 · Investment income
total $145 · excluded $145
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $584,789 · program services $199,750 · management and general $191,164 · fundraising $193,875
-
7 · Other salaries and wages
total $1,288,671 · program services $1,246,575 · fundraising $42,096
-
9 · Other employee benefits
total $26,198 · program services $19,745 · management and general $4,920 · fundraising $1,533
-
10 · Payroll taxes
total $118,013 · program services $105,149 · management and general $4,124 · fundraising $8,740
-
11b · Fees: legal
total $7,071 · management and general $7,071
-
11c · Fees: accounting
total $48,952 · management and general $48,952
-
11g · Fees: other
total $121,877 · program services $63,039 · management and general $46,338 · fundraising $12,500
-
12 · Advertising and promotion
total $177,411 · program services $171,312 · management and general $3,010 · fundraising $3,089
-
13 · Office expenses
total $23,814 · program services $12,343 · management and general $8,131 · fundraising $3,340
-
14 · Information technology
total $390,240 · program services $387,898 · management and general $1,376 · fundraising $966
-
17 · Travel
total $129,661 · program services $102,918 · management and general $6,188 · fundraising $20,555
-
19 · Conferences, conventions and meetings
total $44,539 · program services $30,119 · management and general $10,034 · fundraising $4,386
-
22 · Depreciation, depletion and amortization
total $2,333 · management and general $2,333
-
23 · Insurance
total $2,778 · management and general $2,778
-
24a · Other expenses: BAD DEBT EXPENSE
total $83,002 · fundraising $83,002
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $550,200 · end of year $543,006
-
3 · Pledges and grants receivable
beginning of year $2,831,781 · end of year $2,706,621
-
9 · Prepaid expenses and deferred charges
beginning of year $102,130 · end of year $55,526
-
14 · Intangible assets
beginning of year $5,250 · end of year $2,917
-
17 · Accounts payable and accrued expenses
beginning of year $351,673 · end of year $553,283
-
25 · Other liabilities
beginning of year $475,629 · end of year $475,629
-
27 · Net assets without donor restrictions
beginning of year $604,430 · end of year $654,720
-
28 · Net assets with donor restrictions
beginning of year $2,057,629 · end of year $1,624,438
Mission and programs · 2022
Mission
TO ADVANCE THE EDUCATION, TRAINING, AND CAREER PROGRESSION OF YOUNG PEOPLE AND PEOPLE FROM UNDERREPRESENTED GROUPS, AS SKILLED TECHNICAL WORKERS AND AS BUSINESS OWNERS IN RESIDENTIAL CONSTRUCTION.
-
JOBS TO BUILD - THE FOUNDATION'S NATIONAL, CENTRALIZED, CLOUD-BASED EXTENSIBLE PLATFORM, THAT PROVIDES LOCAL CONSTRUCTION OCCUPATIONAL OUTLOOK, CAREER PATHWAYS, JOB SEARCH, AND SCHOLARSHIPS AND EDUCATION/TRAINING PROGRAM SEARCH FOR YOUTH, CAREER CHANGERS, AND JOB SEEKERS. THROUGH THE EMPLOYER TALENT PIPELINE MANAGEMENT PORTAL, EMPLOYERS OF ALL SIZES ARE MATCHED WITH JOB SEEKERS AND STUDENTS, REDUCING RECRUITING COSTS AND INCREASING RETENTION. THIS CONSTRUCTION INDUSTRY-SERVING SITE AIMS TO BECOME THE INDUSTRY MARKETPLACE - A PLACE WHERE BUILDERS GO TO FIND QUALIFIED TRADE CONTRACTORS; WHERE TRADE CONTRACTORS GO IN SEARCH OF PROJECT (WORK) OPPORTUNITIES, MATERIALS, AND WORKERS; AND WHERE TALENT GOES TO SEEK OUT EMPLOYMENT AND UPSKILLING OPPORTUNITIES.
Expenses $674,980
-
BUILDING TALENT CONNECTIONS - BTF CONNECTS EMPLOYERS WITH JOB SEEKERS BY SUPPORTING AND STRENGTHENING EDUCATION PARTNERSHIPS WHERE JOB SEEKERS ARE AND THE TRAINING PROGRAMS, TOOLS AND PLATFORMS WHERE OUR EMPLOYERS SEEK NEW TALENT. BTF'S TALENT CONNECTIONS ARE GEARED TOWARDS STRENGTHENING AND SCALING EMPLOYMENT AND BUSINESS OWNERSHIP IN OUR INDUSTRY, WHILE IMPROVING COLLABORATION BETWEEN EMPLOYERS, EDUCATORS AND JOBSEEKERS.
Expenses $559,004
-
BUILDING TALENT PIPELINE - BTF ENGAGES WITH YOUNG PEOPLE, IN SCHOOLS AND IN COMMUNITIES, TO ENCOURAGE THEIR INTEREST AND EXPLORATION OF CAREERS IN RESIDENTIAL CONSTRUCTION. BTF SUPPORTS SCHOOLS AND TRAINING PROVIDERS TO ALIGN THEIR CONSTRUCTION CURRICULA WITH EMPLOYERS' DEMAND FOR SKILLS. BTF AIMS TO SIGNIFICANTLY INCREASE THE NUMBER OF STUDENTS ENROLLING IN CONSTRUCTION PROGRAMS, BY RAISING THEIR AWARENESS OF THE EXCITING OPPORTUNITIES OUR INDUSTRY OFFERS.
Expenses $557,384
-
BUILDING TALENT ENGAGEMENT - THE FOUNDATION SUPPORTS THE BUSINESS GROWTH OF ITS TRADE PARTNERS AND THE INDUSTRY'S WORKFORCE BY LEVERAGING INNOVATIVE TALENT MANAGEMENT TECHNOLOGY AND ADVANCING WORKPLACE PRACTICES FOR RECRUITING, HIRING, DEVELOPING, ENGAGING, AND RETAINING WORKERS IN RESIDENTIAL CONSTRUCTION. THE FOUNDATION FOSTERS PROFESSIONAL DEVELOPMENT, ENTREPRENEURSHIP, AND CAREER ADVANCEMENT AMONG THE INDUSTRY'S WORKERS AND BUSINESS OWNERS.
Expenses $547,480
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sheryl PalmerSHERYL PALMER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Douglas BauerDOUGLAS BAUER
SECRETARY
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Alan NorrisALAN NORRIS
TREASURER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Kenneth GearKENNETH GEAR
ASSISTANT TREASURER
- Total calculated
- $1,205,315
- From this org
- $0
- From related orgs
- $1,205,315
- Other
- $0
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $549,996 related
- Bonus
- $0 + $655,319 related
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $1,205,315 related
-
Phil TheodorePHIL THEODORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Branka MinicBRANKA MINIC
CEO
- Total calculated
- $653,622
- From this org
- $400,000
- From related orgs
- $0
- Other
- $253,622
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $400,000
- Bonus
- $0
- Other
- $0
- Deferred
- $250,000
- Nontaxable benefits
- $3,622
- Filer's total
- $653,622
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
The filer's explanations (Part III)
- PART I, LINE 3
- MARKET RESEARCH WAS COMPLETED BY THE EXECUTIVE SEARCH FIRM USING NON-PROFIT COMPENSATION DATA. A SALARY RANGE WAS PRESENTED AND DECIDED UPON BY THE LBA COMMITTEE AND A WRITTEN EMPLOYMENT CONTRACT WAS SIGNED.
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.
-
501(C)(6) · PRESERVE HOME AFFORDABILITY FOR AMERICAN FAMILIES · DC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 24 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202311789349301356
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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