Tennessee Builders Education Foundation
- Assets
- $1.2m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 2
- Location
- Collierville, TN
- Founding
- 06/2017
- Data as of
- 12/2021
- EIN
- 82-1122075
Organization Overview
Tennessee Builders Education Foundation is located in Collierville, TN. The organization was established in 2017. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Tennessee Builders Education Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tennessee Builders Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Tennessee Builders Education Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 24.0% each year . All expenses for the organization totaled $463.4k during the year ending 12/2021. While expenses have increased by 23.2% per year over the past 3 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO REPRRESENT THE INTERESTS OF THE RESIDENTIAL CONSTRUCTION INDUSTRY BY PROMOTING EDUCATIONAL OPPORTUNITIES THAT LEAD TO CAREERS IN THE RESIDENTIAL CONSTRUCTION INDUSTRY THROUGHOUT TENNESSEE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED TRADE (BUILDING) CLASS IN LOCAL HIGH SCHOOLS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Morgan Vice-Chair O | OfficerTrustee | 6 | $0 |
Jennifer Ransom Chair Of Bod | OfficerTrustee | 10 | $0 |
Davida Cruthird President | OfficerTrustee | 6 | $0 |
Tim Wilson Secretary/tr | OfficerTrustee | 6 | $0 |
Keith Grant Board Member | Trustee | 1 | $0 |
Sondra Howell Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $823,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $274,800 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,098,100 |
| Total Program Service Revenue | $0 |
| Investment income | $1,986 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,132,528 |
| 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. | $199,758 |
| Compensation of current officers, directors, key employees. | $199,758 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,378 |
| Payroll taxes | $15,804 |
| Fees for services: Management | $220 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,985 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $96,420 |
| Advertising and promotion | $15,323 |
| Office expenses | $4,818 |
| Information technology | $7,859 |
| Royalties | $0 |
| Occupancy | $11,136 |
| Travel | $6,298 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $328 |
| Interest | $0 |
| Payments to affiliates | $7,500 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,419 |
| All other expenses | $0 |
| Total functional expenses | $463,428 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,024,505 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $3,155 |
| Net Land, buildings, and equipment | $137,067 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,164,727 |
| Accounts payable and accrued expenses | $2,250 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $140,444 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $142,694 |
| Net assets without donor restrictions | $1,022,033 |
| 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 | $1,164,727 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Tennessee Builders Education Foundation has recieved totaling $30,005.
| Awarding Organization | Amount |
|---|---|
Truist Foundation Inc Orlando, FL PURPOSE: GENERAL OPERATING | $25,000 |
Belz Foundation Memphis, TN PURPOSE: EDUCATION | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Corporate Directors Arlington, VA | $39,765,653 | $29,674,430 |
Association Of The United States Army Inc Arlington, VA | $92,353,784 | $27,615,070 |
American Public Power Assoc Arlington, VA | $27,597,409 | $24,009,237 |
National Association Of Federal Credit Unions Inc Arlington, VA | $31,185,033 | $18,837,903 |
National Telecommunications Cooperative Association Arlington, VA | $35,978,919 | $14,734,223 |
Nreca International Ltd Arlington, VA | $16,103,141 | $13,958,230 |
Georgia Electric Membership Corporation Tucker, GA | $11,625,229 | $14,888,867 |
Tennessee Electric Co-Op Assn Nashville, TN | $3,724,180 | $7,501,409 |
Telecommunications Industry Association Arlington, VA | $9,432,322 | $8,404,450 |
Tennessee Valley Public Power Assocation Inc Chattanooga, TN | $38,455,755 | $10,938,894 |
National Motor Freight Traffic Association Inc Alexandria, VA | $59,067,846 | $11,675,986 |
Missouri One-Call Systems Inc Jefferson City, MO | $6,160,776 | $7,371,611 |