Building & Construction Workforce Center
- Assets
- $10.8m
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- Data as of
- 06/2022
- EIN
- 84-5019012
Organization Overview
Building & Construction Workforce Center is located in Chattanooga, TN. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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 & Construction Workforce Center 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 06/2022, Building & Construction Workforce Center generated $8.5m in total revenue.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE FOR WHICH THE CORPORATION IS ORGANIZED ARE TO PROVIDE A FACILITY FOR THE OPERATION OF A TRADE SCHOOL FOR THE ADVANCEMENT OF BUILDING AND CONSTRUCTION EDUCATION AND WORKFORCE DEVELOPMENT OPPORTUNITIES CENTERED ON ERECTING OR MAINTANING PUBLIC BUILDINGS, MONUMENTS, OR WORKS.
Describe the Organization's Program Activity:
THE PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED ARE TO PROVIDE A FACILITY FOR THE OPERATION OF A TRADE SCHOOL FOR THE ADVANCEMENT OF BUILDING AND CONSTRUCTION EDUCATION AND WORKFORCE DEVELOPMENT OPPORTUNITIES CENTERED ON ERECTING OR MAINTAINING PUBLIC BUILDINGS, MONUMENTS, OR WORKS; TO LESSEN THE BURDENS OF GOVERNMENT; TO SOLICIT, COLLECT, RECEIVE, ACCUMULATE, ADMINISTER AND DISTRIBUTE FUNDS IN A MANNER WHICH WILL OPERATE TO FURTHER CHARITABLE PURPOSES, EITHER DIRECTLY OR BY CONTRIBUTIONS TO PROPER ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; AND TO TAKE SUCH OTHER AND FURTHER REASONABLE ACTIONS AS MAY BE NECESSARY TO ACHIEVE OR FURTHER ANY ONE OR MORE OF THE PURPOSES ABOVE-STATED ALL WITHIN THE LIMITATIONS INCLUDED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
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 |
|---|---|---|---|
Jim Coppinger Chair | OfficerTrustee | 1 | $0 |
Justin Robertson Vice Chair | OfficerTrustee | 1 | $0 |
Rebecca Ashford Secretary | OfficerTrustee | 1 | $0 |
Nic Cornelison Treasurer | OfficerTrustee | 1 | $0 |
Leslie Gower Vice President | OfficerTrustee | 1 | $0 |
Tim Kelly Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,544,200 |
| Investment income | $2,240 |
| 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 | $8,546,440 |
| Statement of Expenses | |
|---|---|
| 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 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 | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,373,920 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $765,000 |
| 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 | $11,514 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,788,321 |
| Accounts payable and accrued expenses | $1,899,679 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,899,679 |
| Net assets without donor restrictions | $7,637,887 |
| Net assets with donor restrictions | $1,250,755 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $8,888,642 |