Builders Exchange Of Louisville Incorporated
- Assets
- $7.5m
- Revenue
- $1.5m
- Investments
- $5.0m
- Employees
- 14
- Location
- Louisville, KY
- Founding
- 05/1938
- Data as of
- 12/2020
- EIN
- 61-0145980
Organization Overview
Builders Exchange Of Louisville Incorporated is located in Louisville, KY. The organization was established in 1938. 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 12/2020, Builders Exchange Of Louisville Incorporated employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Builders Exchange Of Louisville Incorporated 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 12/2020, Builders Exchange Of Louisville Incorporated generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO OFFER CREATIVE RESOURCES TO FACILITATE THE SUCCESS OF THE CONSTRUCTION INDUSTRY BY PROVIDING VALUED PRODUCTS AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GATHER, SCAN AND ENTER CONSTRUCTION PROJECT INFORMATION AND DOCUMENTS; DAILY UPDATES TO THE WEBSITE WITH SUCH INFORMATION; PUBLISH A WEEKLY ONLINE NEWS LETTER.
PROVIDE ASSISTANCE FOR HIGHER EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Stetson Executive VP | Officer | 60 | $140,920 |
Mike Steilberg President | OfficerTrustee | 0 | $0 |
Jeff Murphy Treasurer | OfficerTrustee | 0 | $0 |
John Schnurr Immediate Past President | OfficerTrustee | 0 | $0 |
Pat Murphy Director | Trustee | 0 | $0 |
Todd Pottlitzer 1st VP | Trustee | 0 | $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 | $1,239,545 |
| Investment income | $64,342 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $152,320 |
| Net Rental Income | $50,350 |
| Net Gain/Loss on Asset Sales | -$19,033 |
| Net Income from Fundraising Events | -$5,318 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,541,435 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $31,103 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $140,920 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $569,027 |
| Pension plan accruals and contributions | $13,511 |
| Other employee benefits | $96,239 |
| Payroll taxes | $52,924 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $63,630 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $32,095 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,180 |
| Office expenses | $69,332 |
| Information technology | $99,665 |
| Royalties | $0 |
| Occupancy | $92,172 |
| Travel | $984 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,998 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $69,692 |
| Insurance | $5,126 |
| All other expenses | $0 |
| Total functional expenses | $1,389,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $733,159 |
| Savings and temporary cash investments | $362,964 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $162,814 |
| 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 | $24,317 |
| Net Land, buildings, and equipment | $1,141,346 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,041,969 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,600 |
| Total assets | $7,468,169 |
| Accounts payable and accrued expenses | $37,119 |
| Grants payable | $0 |
| Deferred revenue | $717,440 |
| 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 | $166,282 |
| Total liabilities | $920,841 |
| Net assets without donor restrictions | $6,547,328 |
| 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 | $7,468,169 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |
Amt-The Association For Manufacturing Technology Mclean, VA | $46,538,427 | $7,983,774 |
Nashville Convention & Visitors Bureau Nashville, TN | $15,667,602 | $21,623,147 |
St John Building Corporation St Louis, MO | $229,726,241 | $17,258,959 |
Appraisal Institute Chicago, IL | $29,125,581 | $19,187,200 |
Responsible Business Alliance Inc Alexandria, VA | $17,217,182 | $20,384,843 |
Asis International Inc Alexandria, VA | $27,323,586 | $13,144,142 |
National Institute For Automotive Service Exellence Leesburg, VA | $25,163,895 | $18,755,834 |
American Massage Therapy Assn Evanston, IL | $43,659,958 | $20,082,192 |
Portland Cement Association Alexandria, VA | $21,852,055 | $18,216,465 |
American College Of Radiology Association Reston, VA | $28,168,186 | $16,951,008 |
Aerospace Industries Association Of America Inc Arlington, VA | $34,239,387 | $18,520,879 |