Building Congress & Exchange Of Baltimore Inc
- Assets
- $830.6k
- Revenue
- $248.1k
- Investments
- $618.2k
- Employees
- 0
- Location
- Elkridge, MD
- Founding
- 02/1942
- Data as of
- 12/2021
- EIN
- 52-0258830
Organization Overview
Building Congress & Exchange Of Baltimore Inc is located in Elkridge, MD. The organization was established in 1942. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Congress & Exchange Of Baltimore 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 12/2021, Building Congress & Exchange Of Baltimore Inc generated $248.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $279.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. 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
THE SPECIFIC PURPOSE IS TO PROVIDE A COMMON MEETING GROUND FOR CONTRACTORS AND SUPPLIERS OF GOODS AND SERVICES TO THE CONSTRUCTION INDUSTRY IN THE BALTIMORE, MARYLAND AREA. IT ALSO PROVIDES A MEDIUM FOR INTERCHANGES OF IDEAS LEADING TO THE BETTERMENT OF THE CONSTRUCTION INDUSTRY IN THE REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING BUILDING CONGRESS AND EXCHANGE FOUNDATION, A NOT-FOR-PROFIT 501 (C)(3) ORGANIZATION , WHOSE PURPOSE IS TO CONDUCT, PROMOTE, AND SUPPORT EDUCATION RELATING TO THE BUILDING AND CONSTRUCTION INDUSTRY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Martin President | OfficerTrustee | 5 | $0 |
Ted Bowes Vice President | OfficerTrustee | 5 | $0 |
Rick Scheetz Treasurer | OfficerTrustee | 5 | $0 |
Jeff Hossfeld Secretary | OfficerTrustee | 5 | $0 |
Marianne Crampton Director | Trustee | 5 | $0 |
Fred Marino Director | Trustee | 5 | $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 | $162,631 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,633 |
| Net Income from Fundraising Events | $80,863 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $248,127 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,520 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,714 |
| Fees for services: Other | $223,993 |
| Advertising and promotion | $549 |
| Office expenses | $497 |
| Information technology | $3,288 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,136 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,555 |
| All other expenses | $1,013 |
| Total functional expenses | $279,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,607 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $86,594 |
| 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 | $24,192 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $618,192 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $830,585 |
| Accounts payable and accrued expenses | $13,927 |
| Grants payable | $0 |
| Deferred revenue | $206,228 |
| 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 | $220,155 |
| Net assets without donor restrictions | $610,430 |
| 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 | $830,585 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Building Congress & Exchange Of Baltimore Inc has recieved totaling $13,225.
| Awarding Organization | Amount |
|---|---|
Johns Hopkins University Baltimore, MD PURPOSE: CONTRIBUTION | $13,225 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pharmaceutical Care Management Association Washington, DC | $26,215,317 | $37,563,344 |
Service Corps Of Retired Executives Association Herndon, VA | $11,816,704 | $17,894,443 |
National Community Reinvestment Coalition Inc Washington, DC | $111,740,328 | $10,929,174 |
Tax Executives Institute Inc Washington, DC | $12,071,581 | $6,324,223 |
Lutheran Social Ministries Of Maryland Inc Westminster, MD | $1,453,479 | $5,224,632 |
Service Coordination Resources Inc Erie, PA | $0 | $3,464,640 |
Building Owners & Managers Institute International Inc Annapolis, MD | $3,199,571 | $3,769,079 |
Modular Building Institute Charlottesville, VA | $2,058,716 | $1,866,624 |
Plumbing Manufacturers International Nfp Mclean, VA | $1,816,180 | $1,986,956 |
Wireless Neighborhoods Pittsburgh, PA | $1,102,731 | $1,341,475 |
Innovative Manufacturers Center Inc Williamsport, PA | $2,231,135 | $1,571,341 |
National Classification Management Society Wayne, PA | $1,638,415 | $1,460,567 |