2023-07-28T07:46:10-05:00 2022-09-30 043530932 PAVENTO RATCLIFFE RENZI & CO LLC 391 East Central St Unit 8A Franklin MA 02038 990 2021-10-01 043540147 Build Commonwealth Inc BUIL 6175419066 22 Batterymarch Street 501 Boston MA 02109 Timothy Flacke Executive Director 6175419065 2023-06-22 1 Timothy Flacke 999009999 John A Ratcliffe P00551279 5085533091 2023-06-21 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Timothy Flacke 22 Batterymarch Street 501 Boston MA 02109 7626258 0 X www.buildcommonwealth.org X 2000 MA Build Commonwealth, Inc. strengthens the financial opportunity and security of low-and moderate-income consumers by innovating, incubating and stimulating new financial products and policies. Build Commonwealth, Inc. envisions a world where the financial system promotes lasting social and economic prosperity for every family. 10 9 33 9 0 0 1551924 7522509 355422 96279 9805 7470 0 0 1917151 7626258 0 0 0 0 2627732 2981541 0 0 228065 1769124 1702499 4396856 4684040 -2479705 2942218 4562136 7488336 120618 177551 4441518 7310785 See Schedule O Form 990, Part I, Line 1 0 0 4243621 96279 All of Build Commonwealth's work is focused on improving the economic well-being of millions of financially vulnerable Americans through innovation. Build Commonwealth generates practical ideas for financial products, services and policies, pilot tests its ideas, and pursues scale strategies to reach millions of households. 4243621 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 44 0 1 33 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X Timothy Flacke 8776423167 Build Commonwealth Inc 22 Batteryma Boston MA 02109 Fred T Goldberg Jr Director 2.00 X 0 0 0 Dr Kelli Keough Director 2.00 X 0 0 0 Professor Georgia Keohane Director 2.00 X 0 0 0 Professor Peter Tufano President 2.00 X X 0 0 0 Timothy Flacke Exec Dir, Secy & Treasurer 40.00 X X 168039 0 19645 Professor Howell Jackson Director 2.00 X 0 0 0 Evelyn Stark Director 2.00 X 0 0 0 Celia Edwards Karam Director 2.00 X 0 0 0 Mary Dent Director 2.00 X 0 0 0 Haydee Moreno Director 2.00 X 0 0 0 Nicholas Maynard Sr. Vice President 40.00 X 164086 0 3524 Melissa Gopnik Sr. Vice President 40.00 X 134947 0 19085 Paula Grieco Sr. Vice President 40.00 X 173004 0 3524 Brian Gilmore Director 40.00 X 105500 0 12296 745576 0 58074 5 0 1 0 Nonprofit HR Solutions LLC 1441 L Street NW Suite 620 Washington DC 20005 HR Resources 104160 1 7522509 7522509 DEV FINL SEC INITIATIV 900099 96279 96279 96279 7470 7470 7626258 96279 0 7470 229373 172030 22937 34406 2177525 2001161 54306 122058 382105 336188 26006 19911 192538 175579 5653 11306 72222 63451 8771 52740 52740 418182 417363 269 550 260895 235913 8217 16765 51756 30673 21083 124597 124467 130 34230 30952 1078 2200 Special Projects 331940 318874 0 13066 Marketing & Materials 221576 219787 1789 0 Small Equipment 77653 70217 2446 4990 Office Operations 46050 37760 5607 2683 10658 9206 1452 4684040 4243621 212354 228065 388954 395253 3755977 2097142 265000 4105800 2706 28155 16875 0 22805 319 389429 350666 72993 38763 786078 36826 36826 4562136 7488336 120618 177551 120618 177551 X 1110616 1651519 3330902 5659266 4441518 7310785 4562136 7488336 2942218 -72951 0 X 0 1 X 1 0 X 1200715 10937606 678557 1532608 7522509 21871995 331338 396818 150500 355422 96279 1330357 1532053 11334424 829057 1888030 7618788 23202352 0 0 0 23202352 10308 28673 35331 9805 7470 91587 10308 28673 35331 9805 7470 91587 330370 19316 349686 1542361 11363097 1194758 1917151 7626258 23643625 0.98130 0.97530 0.00390 0.00510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2955 2955 4683515 4686470 384324 96081 0 0 369843 384324 754167 1131251 25000 2955 27955 92461 96081 188542 282813 90629 64306 26323 207512 195072 12440 91288 91288 0 38763 7553307 -72951 -72951 7626258 0 7626258 4684040 0 4684040 0 4684040 X X X X 0 0 0 0 0 0 0 0 0 Timothy Flacke Exec Dir, Secy & Treasurer 168039 0 0 0 0 0 0 0 19645 0 187684 0 0 0 Paula Grieco Sr. Vice President 173004 0 0 0 0 0 0 0 3524 0 176528 0 0 0 Nicholas Maynard Sr. Vice President 164086 0 0 0 0 0 0 0 3524 0 167610 0 0 0 Melissa Gopnik Sr. Vice President 134947 0 0 0 0 0 0 0 19085 0 154032 0 0 0 Part I, Line 3 See Schedule O - Form 990, Part VI, Section B, Line 15 explanation Form 990, Part VI, Section B, line 11b The tax return is reviewed by the Audit Committee; once approved it is sent electronically to all members of the Board of Directors and any questions forwarded to the appropriate staff. Form 990, Part VI, Section B, line 12c All Directors understand their obligations with regard to disclosing potential conflicts of interest and are encouraged to do so when such potential conflicts arise throughout the year, particularly during quarterly board meetings. Form 990, Part VI, Section B, line 15 The Executive Director's compensation is determined by a Board of Directors' committee after reviewing performance, comparable data and determining what would be equitable for both the organization and the Executive Director. Staff compensation is determined by the Executive Director following annual reviews and self-reviews by each employee. Consideration is given to comparisons of salaries of similar nonprofit Organizations. All compensation decisions are supported with written documentation that is stored in office files. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.