Builders Exchange Inc
- Assets
- $11.8m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 42
- Location
- Valley View, OH
- Founding
- 09/1950
- Data as of
- 06/2021
- EIN
- 34-0121870
Organization Overview
Builders Exchange Inc is located in Valley View, OH. The organization was established in 1950. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Builders Exchange Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Builders Exchange Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, Builders Exchange Inc generated $4.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $3.3m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUSINESS TRADE ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SPONSORS & CONDUCTS VARIOUS EDUCATIONAL PROGRAMS TO DISSEMINATE NEW IDEAS AND ADVANCEMENTS AMONG THE VARIOUS CONSTRUCTION TRADES.
THE ORGANIZATION PROVIDES A CONSTRUCTION REPORTING SERVICE THAT ASSISTS MEMBERS. THE ORGANIZATION'S PLAN ROOM ALLOWS ALL CONTRACTORS ACCESS TO THE BLUEPRINTS FOR VARIOUS CONSTRUCTION PROJECTS. IN CONJUNCTION WITH THIS, THE ORGANIZATION MAINTAINS A CONSTRUCTION INDUSTRY WEB SITE THAT PROVIDES THE ABOVE INFORMATION TO ALL CONTRACTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregg Mazurek Executive Di | OfficerTrustee | 60 | $231,854 |
Michael Hunter Dir Of Softw | 40 | $154,410 | |
James Chevraux Infor Servic | 40 | $148,356 | |
Laurel Screptock Operations M | Officer | 40 | $142,398 |
Jeffery Molchan Board - Pres | OfficerTrustee | $0 | |
Marty Weber Board - Vice | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,563,037 |
| Investment income | $113,365 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,390,966 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $374,252 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,575,137 |
| Pension plan accruals and contributions | $107,382 |
| Other employee benefits | $303,208 |
| Payroll taxes | $114,319 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,625 |
| Fees for services: Accounting | $8,580 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $137,028 |
| Information technology | $65,230 |
| Royalties | $0 |
| Occupancy | $285,566 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,670 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,110 |
| Insurance | $43,401 |
| All other expenses | $11,315 |
| Total functional expenses | $3,294,253 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $9,568,561 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,415 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $60,449 |
| Net Land, buildings, and equipment | $180,578 |
| Investments—publicly traded securities | $2,014,060 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,848,163 |
| Accounts payable and accrued expenses | $13,798 |
| Grants payable | $0 |
| Deferred revenue | $1,817,398 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,831,196 |
| Net assets without donor restrictions | $10,016,967 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,848,163 |
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