Form 990 for tax year 2024
Filed by BUILDERS EXCHANGE OF LOUISVILLE INCORPORATED.
Totals
- Total revenue
- $1,832,733
- Total expenses
- $1,663,952
- Contributions and grants received
- $0
- Grants paid
- $14,000
- Program service revenue
- $1,125,885
- Investment income
- $349,915
- Other revenue
- $356,933
- Total assets, end of year
- $8,914,669
- Total liabilities, end of year
- $688,114
- Net assets or fund balances, end of year
- $8,226,555
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $920,102
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 $1,106,016 · related or exempt $1,106,016
-
2b · Program service revenue: COPYING FEES
total $12,719 · related or exempt $12,719
-
2c · Program service revenue: ADMISSION FEES
total $7,150 · related or exempt $7,150
-
3 · Investment income
total $146,056 · excluded $146,056
-
5 · Royalties
total $182,793 · excluded $182,793
-
6a · Gross rents
real property $42,044
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $42,044
-
6d · Net rental income or loss
total $42,044 · related or exempt $42,044
-
7a · Gross sales of assets other than inventory
securities $3,587,983
-
7b · Less cost or other basis and sales expenses
securities $3,384,124
-
7c · Gain or loss
securities $203,859
-
7d · Net gain or loss
total $203,859 · excluded $203,859
-
8a · Fundraising events: gross income
$78,299
-
8b · Fundraising events: direct expenses
$67,323
-
8c · Net income from fundraising events
total $10,976 · excluded $10,976
-
11a · Other revenue: INSURANCE ADMIN FEES
total $56,270 · related or exempt $56,270
-
11b · Other revenue: SEMINAR INCOME
total $49,730 · related or exempt $49,730
-
11c · Other revenue: ADVERTISING INCOME
total $15,120 · related or exempt $15,120
-
11e · Other revenue, total
$121,120
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $14,000
-
5 · Compensation of officers, directors and key employees
total $158,340
-
7 · Other salaries and wages
total $676,391
-
9 · Other employee benefits
total $137,400
-
10 · Payroll taxes
total $59,655
-
11a · Fees: management
total $48,250
-
11c · Fees: accounting
total $87,389
-
12 · Advertising and promotion
total $31,307
-
13 · Office expenses
total $103,496
-
14 · Information technology
total $70,618
-
16 · Occupancy
total $88,665
-
17 · Travel
total $12,487
-
19 · Conferences, conventions and meetings
total $85,394
-
22 · Depreciation, depletion and amortization
total $84,965
-
23 · Insurance
total $5,595
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $283,528 · end of year $3,772
-
2 · Savings and temporary cash investments
beginning of year $262,961 · end of year $560,602
-
4 · Accounts receivable
beginning of year $187,278 · end of year $193,908
-
9 · Prepaid expenses and deferred charges
beginning of year $28,057 · end of year $24,896
-
10a · Land, buildings and equipment: cost or other basis
$2,200,252
-
10b · Land, buildings and equipment: accumulated depreciation
$1,223,336
-
10c · Land, buildings and equipment, net
beginning of year $1,051,187 · end of year $976,916
-
11 · Investments: publicly traded securities
beginning of year $6,476,150 · end of year $7,154,575
-
17 · Accounts payable and accrued expenses
beginning of year $37,211 · end of year $52,546
-
19 · Deferred revenue
beginning of year $614,064 · end of year $633,368
-
25 · Other liabilities
beginning of year $2,594 · end of year $2,200
-
27 · Net assets without donor restrictions
beginning of year $7,635,292 · end of year $8,226,555
Mission and programs · 2024
Mission
TO OFFER CREATIVE RESOURCES TO FACILITATE THE SUCCESS OF THE CONSTRUCTION INDUSTRY BY PROVIDING VALUED PRODUCTS AND SERVICES.
Activities or mission (Part I)
OFFERING CREATIVE RESOURCES TO FACILITATE THE SUCCESS OF THE CONSTRUCTION INDUSTRY.
-
BUILDERS EXCHANGE OF KENTUCKY, FOUNDED IN 1927, IS A FULL-SERVICE CONSTRUCTION TRADE ASSOCIATION WITH A MEMBERSHIP CONSISTING OF GENERAL CONTRACTORS, SUBCONTRACTORS, MATERIAL SUPPLIERS, MANUFACTURER REPRESENTATIVES AND OTHERS WHO ARE ENGAGED IN THE COMMERCIAL AND INDUSTRIAL CONSTRUCTION INDUSTRY. OFFERINGS INCLUDE: - ONLINE PLANROOM- GROUP INSURANCE PROGRAMS- EDUCATION AND TRAINING PROGRAMS- NETWORKING EVENTS- JOB BOARD- ACCESS TO OTHER TECHNOLOGY AND SUPPORT SERVICES FOR THE CONSTRUCTION INDUSTRY
Expenses $906,102 · Revenue $1,289,049
-
PROVIDING ASSISTANCE TO MEMBERS OF THE CONSTRUCTION INDUSTRY FOR HIGHER EDUCATION.
Expenses $14,000 · Grants $14,000
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Lynn StetsonLYNN STETSON
CHIEF EXECUTIVE OFFICER
- Total calculated
- $158,340
- From this org
- $145,527
- From related orgs
- $0
- Other
- $12,813
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $145,527
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $12,813
- Filer's total
- $158,340
-
Todd PottlitzerTODD POTTLITZER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Ryan DodsonRYAN DODSON
1ST VP
- Total calculated
- $0
- Hours/week
- 1
-
Terri AlbertTERRI ALBERT
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jeff MurphyJEFF MURPHY
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
James StrangeJAMES STRANGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Patrick MurphyPATRICK MURPHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ed CoyED COY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John SchnurrJOHN SCHNURR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chelsea Ellis-HoganCHELSEA ELLIS-HOGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jack ResingerJACK 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
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
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
- 2024
- Filed
- 28 July 2025
- IRS schema version
- 2024v5.2
- Source object
- 202522099349300797
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