Design-Build Institute Of America is located in Ashburn, VA. The organization was established in 2000. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is a subordinate organization within 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 12/2022, Design-Build Institute Of America generated $61.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $36.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE DESIGN BUILD METHOD OF CONSTRUCTION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Meyers President | 3 | $0 | |
Andy Gorecki Vice President | 3 | $0 | |
Kelly Lozano Secretary | 3 | $0 | |
Kevin Phelps Treasurer | 3 | $0 | |
Hugh Cannon Executive Director | 20 | $0 | |
Stephen Benton Education Chair | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $43,266 |
| Membership dues | $8,364 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,097 |
| Other Revenue | $4 |
| Total Revenue | $61,731 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $17,070 |
| Occupancy, rent, utilities, and maintenance | $1,547 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,005 |
| Total expenses | $36,622 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $140,944 |
| Other assets | $0 |
| Total assets | $140,944 |
| Total liabilities | $0 |
| Net assets or fund balances | $140,944 |