Design-Build Institute Of America
- Assets
- $8.8m
- Revenue
- $11.5m
- Investments
- $0.0
- Employees
- 28
- Location
- Washington, DC
- Founding
- 11/2000
- Data as of
- 12/2023
- EIN
- 52-1827718
Organization Overview
Design-Build Institute Of America is located in Washington, DC. The organization was established in 2000. 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 12/2023, Design-Build Institute Of America employed 28 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Design-Build Institute Of America 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 12/2023, Design-Build Institute Of America generated $11.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $11.8m during the year ending 12/2023. While expenses have increased by 5.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
1.DEVELOP WORLD-CLASS KNOWLEDGE BASE FOR INTEGRATED PROJECT DELIVERY2.BROADEN THE MISSION TO INCLUDE ALL ASPECTS OF INTEGRATED PROJECT DELIVERY.3.GLOBALIZE4.DEVELOP A MODEL EDUCATIONAL CURRICULUM5.SUPPORT DEVELOPMENT OF LEADING EDUCATION AND RESEARCH PROGRAMS6.PROMOTE MEMBERSHIP DIVERSITY AND GROWTH.7.CONTINUE EXPANDING THE USE OF DESIGN-BUILD IN ALL MARKETS8.CONTINUE SUPPORT OF LICENSURE AND LEGISLATIVE REFORM9.BUILD UNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO EDUCATE THE PUBLIC ON INTEGRATED PROJECT DELIVERY PROCESS INCLUDING DESIGN-BUILD THROUGH COURSES, CONFERENCES, AND MARKETING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morris Aldridge Director | Trustee | 5 | $0 |
Steve M Grauer Immediate Past Chair | OfficerTrustee | 5 | $0 |
Deb Sheehan Chairman | OfficerTrustee | 5 | $0 |
David D Burton Director | Trustee | 5 | $3,000 |
Dana Pomeroy Vice Chairman | OfficerTrustee | 5 | $0 |
Mark Deaton Director | Trustee | 5 | $3,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gaylord National Resort And Convention C Conference | 12/30/23 | $1,239,852 |
Seattle Convention Center Conference | 12/30/23 | $897,541 |
Mgm Resorts International Conference | 12/30/23 | $635,109 |
The Profitable Association Inc Exhibit/sponsorship Sales | 12/30/23 | $605,928 |
The Trea 1001 Pennsylvania Ave Trust Office Lease | 12/30/23 | $530,399 |
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 | $11,432,571 |
| Investment income | $90,660 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,850 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,530,654 |
| 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. | $373,317 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,586,358 |
| Pension plan accruals and contributions | $161,170 |
| Other employee benefits | $305,695 |
| Payroll taxes | $215,283 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $31,882 |
| Fees for services: Accounting | $30,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,445 |
| Fees for services: Other | $570,709 |
| Advertising and promotion | $80,185 |
| Office expenses | $203,209 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $451,858 |
| Travel | $411,059 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,425,154 |
| Interest | $2,266 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $237,572 |
| Insurance | $0 |
| All other expenses | $421,131 |
| Total functional expenses | $11,777,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,210,529 |
| Savings and temporary cash investments | $108,053 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $452,164 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,714 |
| Prepaid expenses and deferred charges | $339,887 |
| Net Land, buildings, and equipment | $1,339,855 |
| Investments—publicly traded securities | $3,787,247 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,552,831 |
| Total assets | $8,793,280 |
| Accounts payable and accrued expenses | $280,117 |
| Grants payable | $0 |
| Deferred revenue | $2,814,722 |
| 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 | $2,974,091 |
| Total liabilities | $6,068,930 |
| Net assets without donor restrictions | $2,724,350 |
| 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 | $8,793,280 |