Totals
- Total revenue
- $257,528
- Total expenses
- $396,896
- Contributions and grants received
- $150,431
- Grants paid
- $274,359
- Program service revenue
- $0
- Investment income
- $107,097
- Other revenue
- $0
- Total assets, end of year
- $5,256,456
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $5,256,456
- Program services expenses (Part IX)
- $318,604
- Management and general expenses
- $73,792
- Fundraising expenses
- $4,500
- Program service expenses (Part III)
- $318,604
Program services were 80.3% 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
$38,653
-
1f · All other contributions, gifts and grants
$111,778
-
3 · Investment income
total $95,103 · excluded $95,103
-
7a · Gross sales of assets other than inventory
securities $1,208,965
-
7b · Less cost or other basis and sales expenses
securities $1,196,971
-
7c · Gain or loss
securities $11,994
-
7d · Net gain or loss
total $11,994 · excluded $11,994
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$38,653
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $133,359 · program services $133,359
-
2 · Grants to domestic individuals
total $141,000 · program services $141,000
-
11a · Fees: management
total $45,000 · program services $31,500 · management and general $9,000 · fundraising $4,500
-
11c · Fees: accounting
total $6,375 · management and general $6,375
-
11f · Fees: investment management
total $58,295 · management and general $58,295
-
24a · Other expenses: PUBLIC RELATIONS
total $11,516 · program services $11,516
-
24b · Other expenses: MISCELLANEOUS
total $1,351 · program services $1,229 · management and general $122
Balance sheet
Part X, book values.
-
4 · Accounts receivable
beginning of year $14,712 · end of year $12,233
-
9 · Prepaid expenses and deferred charges
beginning of year $4,439 · end of year $3,000
-
11 · Investments: publicly traded securities
beginning of year $6,534,698 · end of year $5,241,223
-
27 · Net assets without donor restrictions
beginning of year $3,753,648 · end of year $2,648,091
-
28 · Net assets with donor restrictions
beginning of year $2,800,201 · end of year $2,608,365
Mission and programs · 2022
Mission
THE BUILDERS EXCHANGE FOUNDATION WAS ESTABLISHED IN 1999 AS A PHILANTHROPIC ARM OF THE BUILDERS EXCHANGE OF CENTRAL OHIO. THE MISSION OF THE FOUNDATION IS TO ADVANCE AND SUPPORT THE COMMERCIAL CONSTRUCTION INDUSTRY'S EDUCATION AND RESEARCH ACTIVITIES FOR THE BENEFIT OF EMPLOYERS, EMPLOYEES, CONSUMERS AND THE COMMUNITY IMPACTED BY THE COMMERICAL CONSTRUCTION INDUSTRY IN CENTRAL OHIO. THE FOUNDATION IS PRIMARILY DEPENDENT ON THE SUPPORT OF THOSE CLOSELY AFFILIATED WITH THE LOCAL COMMERCIAL CONSTRUCTION INDUSTRY.
Activities or mission (Part I)
THE BUILDERS EXCHANGE FOUNDATION WAS ESTABLISHED IN 1999 AS A PHILANTHROPIC ARM OF THE BUILDERS EXCHANGE OF CENTRAL OHIO. THE MISSION OF THE FOUNDATION IS TO ADVANCE AND SUPPORT THE COMMERCIAL CONSTRUCTION INDUSTRY'S EDUCATION AND RESEARCH ACTIVITIES FOR THE BENEFIT OF EMPLOYERS, EMPLOYEES, CONSUMERS, AND THE COMMUNITY IMPACTED BY THE COMMERCIAL CONSTRUCTION INDUSTRY IN CENTRAL OHIO. THE FOUNDATION IS PRIMARILY DEPENDENT ON THE SUPPORT OF THOSE CLOSELY AFFILIATED WITH THE LOCAL COMMERCIAL CONSTRUCTION INDUSTRY.
-
THE FOUNDATION SUPPORTS STUDENT OUTREACH AND AWARDS SCHOLARSHIPS TO WORTHY COLLEGE STUDENTS AND UNIVERSITIES. IN ADDITION, THE FOUNDATION SUPPORTED THE BUILDERS EXCHANGE OF CENTRAL OHIO BY PROVIDING GRANTS FOR PROFESSIONAL DEVELOPMENT AND MEMBERSHIP MATERIALS.
Expenses $318,604 · Grants $274,359
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jim SmithJIM SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Josh CornaJOSH CORNA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jerome BucknerJEROME BUCKNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brian DewBRIAN DEW
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ed KeenerED KEENER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Charles LoebCHARLES LOEB
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Christian RobertsonCHRISTIAN ROBERTSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Greg SchmittGREG SCHMITT
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Eric BullERIC BULL
EXECUTIVE VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Denise Doczy-DelongDENISE DOCZY-DELONG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mary TebeauMARY TEBEAU
EXECUTIVE DIRECTOR
- Total calculated
- $241,347
- From this org
- $0
- From related orgs
- $220,941
- Other
- $20,406
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $183,028 related
- Bonus
- $0 + $29,699 related
- Other
- $0 + $8,214 related
- Deferred
- $0 + $11,981 related
- Nontaxable benefits
- $0 + $8,425 related
- Filer's total
- $0 + $241,347 related
-
Kurt MosherKURT MOSHER
DIRECTOR OF FINANCE
- Total calculated
- $139,039
- From this org
- $0
- From related orgs
- $124,069
- Other
- $14,970
- Hours/week
- 5 + 40 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
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
- THE EXECUTIVE DIRECTOR IS COMPENSATED BY THE BUILDERS EXCHANGE OF CENTRAL OHIO. THAT ORGANIZATION UTILIZES A COMPENSATION COMMITTEE, COMPENSATION STUDIES, AND APPROVAL BY THE COMPENSATION COMMITTEE TO DETERMINE THE EXECUTIVE DIRECTOR'S COMPENSATION.
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
-
$65,000
PROVIDE TRAINING IN THE CONSTRUCTION TRADES TO UNDERPRIVLEDGED YOUTH IN ORDER TO GAIN JOB SKILLS.
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.
-
BUILDERS EXCHANGE OF CENTRAL OHIO
501(C)(6) · TO ADVANCE THE COMMERCIAL CONSTRUCTION INDUSTRY · OH
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 27 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202322769349300807
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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