Sacramento Builders Exchange Inc
- Assets
- $7.7m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 8
- Location
- Sacramento, CA
- Founding
- 09/1939
- Data as of
- 12/2021
- EIN
- 94-0824560
Organization Overview
Sacramento Builders Exchange Inc is located in Sacramento, CA. The organization was established in 1939. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, Sacramento Builders Exchange Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sacramento Builders Exchange Inc 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 12/2021, Sacramento Builders Exchange Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. 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 ENHANCE PUBLIC AWARENESS OF THE ECONOMIC VALUE AND PUBLIC BENEFIT OF THE CONSTRUCTION INDUSTRY; TO ESTABLISH AND MAINTAIN LIASON AMONG MEMBERS OF THE CORPORATION FOR PURPOSES OF INFORMATION, EDUCATION, AND MUTUAL BENEFITS, AND TO COOPERATE WITH ALL SEGMENTS OF THE CONSTRUCTION INDUSTRY IN COMMON GOALS FOR THE BETTERMENT OF THE INDUSTRY. TO FOSTER AND MAINTAIN HIGH STANDARDS OF QUALITY, ETHICS, AND FAIR DEALING BY AND BETWEEN ALL PERSONS ENGAGED IN THE CONSTRUCTION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL & WORKFORCE DEVELOPMENT: THE BUILDERS EXCHANGE OFFERS NUMEROUS CONSTRUCTION CLASSES, SEMINARS AND SAFETY TRAININGS TO HELP OUR MEMBERSHIP GROW THEIR BUSINESS ACUMEN, COMPLY WITH CONTINUALLY-CHANGING REGULATORY ENVIRONMENT AND PROTECT THE HEALTH AND WELFARE OF THEIR EMPLOYEES ON THE CONSTRUCTION JOBSITE. THESE CLASSES COVER A VARIETY OF TOPICS SUCH AS MECHANIC LIENS, PREVAILING WAGE COMPLIANCE, GREEN BUILDING, LEED ACCREDITATION, SWPPP, CONSTRUCTION CONTRACTS AND BONDING, OSHA AND OTHER SAFETY TRAINING CLASSES. OUR FACILITY HAS SEVERAL TRAINING ROOMS WHERE WE UTILIZE OUR PARTNERSHIPS WITH CALIFORNIA'S TOP SAFETY EXPERTS TO EDUCATE MEMBER COMPANIES. THROUGH OUR 501(C)(3) CONSTRUCTION INDUSTRY EDUCATIONAL FOUNDATION, THE EXCHANGE PROMOTES CONSTRUCTION INDUSTRY CAREERS TO HIGH SCHOOL STUDENTS AND PROVIDES TENS OF THOUSANDS OF DOLLARS IN SCHOLARSHIPS ANNUALLY TO THOSE PURSUING PROFESSIONAL AND TRADES CAREER PATHS IN CONSTRUCTION.
INDUSTRY NETWORKING: THE EXCHANGE AND CIEF, ITS RELATED ENTITY, OFFER MORE THAN TWO DOZEN NETWORKING EVENTS ANNUALY, ALLOWING MEMBERS TO NETWORK AND DEVELOP THE BUSINESS RELATIONSHIPS UPON WHICH THEY RELY. OUR MENU OF EVENTS INCLUDES ACTIVITIES SUCH AS: GOLF TOURNAMENTS, CRAB FEED, THE ANNUAL BOARD INSTALLATION DINNER, SUMMER BBQ EVENT, AND THE HOLIDAY MIXER, WHERE SRBX AND OUR WORKFORCE FOUNDATION JOIN TO PROVIDE TOYS AND MONETARY DONATIONS FOR LOCAL CHILDREN'S CHARITIES. EACH YEAR OVER 3,000 ATTENDEES PARTICIPATE IN THESE NETWORKING EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Murphy CEO | Officer | 40 | $168,003 |
Randy Hudson President | OfficerTrustee | 0.5 | $0 |
Craig Sweeney President Elect | OfficerTrustee | 0.5 | $0 |
Frank Radoslovich Vice President | OfficerTrustee | 0.5 | $0 |
Kevin Stillman Secretary | OfficerTrustee | 0.5 | $0 |
Jen Matulich Treasurer | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $88,000 |
| 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 | $88,000 |
| Total Program Service Revenue | $1,058,077 |
| Investment income | $28,907 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $13,071 |
| Net Gain/Loss on Asset Sales | $16,177 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,239,446 |
| 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. | $168,003 |
| Compensation of current officers, directors, key employees. | $33,601 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $343,036 |
| 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 | $11,249 |
| Advertising and promotion | $0 |
| Office expenses | $162,629 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,649 |
| 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 | $163,038 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,309,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $676,575 |
| Savings and temporary cash investments | $2,698,918 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,225 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $101,354 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,494 |
| Net Land, buildings, and equipment | $4,228,882 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,726,448 |
| Accounts payable and accrued expenses | $91,557 |
| Grants payable | $0 |
| Deferred revenue | $193,300 |
| 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 | $382,636 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,786 |
| Total liabilities | $678,279 |
| Net assets without donor restrictions | $7,048,169 |
| 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 | $7,726,448 |