2023-11-14T17:39:30-07:00 2022-12-31 990 2022-01-01 352237155 BUILD CHANGE BUIL 3039532563 1001 Bannock Street Suite 467 Denver CO 80204 Elizabeth Hausler CEO with Fiscal Responsibility 3039532563 2023-11-14 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Elizabeth Hausler 1001 Bannock Street Suite 467 Denver CO 80204 3846496 0 X www.buildchange.org X 2004 CA To greatly reduce deaths, injuries, and economic losses caused by housing and school collapses due to earthquakes, extreme weather, and fires. Build Change leaves in place permanent change in construction practice by building local skills and stimulating local demand. 5 4 24 4 0 0 3161602 3615729 48685 240697 440 680 184649 -10610 3395376 3846496 0 156600 0 0 2239659 3119130 0 0 973355 1032873 1264354 3272532 4540084 122844 -693588 3719739 2842330 486797 302976 3232942 2539354 X Our mission is to greatly reduce deaths, injuries, and economic losses caused by housing and school collapses due to earthquakes, extreme weather and fires. 0 0 704584 0 196430 Latin America: Exponential progress in Colombia has led to the improvement of over 110,000 homes nationally to date. Build Change's critical contributions since 2014 have helped develop, implement, and scale housing programs that better incorporate disaster resilience, while driving essential policy changes, permitting and subsidy reforms, and hundreds of millions of dollars in public investment. In 2022, the construction phase of the Build Change-supported program Plan Terrazas got underway, to support 1,250 low-income households in vulnerable informal housing in Bogota with risk management and poverty alleviation through a combination of structural home improvement and expansion. Building on the learning and success of our work in Bogota, we also launched a program with the housing authority of Bucaramanga, a city situated above one of the highest concentrations of seismic activity in the world, Build Change is supporting the city to integrate resilience into its existing home improvement programs, to initially make 560 homes more earthquake resilient. In Honduras, damages from climate hazards are expected to double in the next 20 years. Build Change's program with the Honduran Red Cross has been helping families in the flood-prone Sula Valley to adapt their homes against hurricanes and flooding while also addressing relevant seismic risk. 466399 0 0 Innovations: In 2022, the Engineering, Design and Technology team expanded Build Change's capacity and position as a trusted advisor and innovator for other development agencies, donors, governments, and organizations for resilient housing through excellent, client-focused program solutions. Key achievements include: developing "Resilient Housing in a Box", supporting the Institute for Building Technology and Safety with the development of a regional capacity-building strategy, and providing continued remote system support and technical capacity building to the Dominica Housing Recovery Project. 424374 46419 19124 Philippines: Build Change delivered training to 300 homeowners and 45 builders in Cebu and Bohol provinces as part of our post-Typhoon Odette assistance work with the Philippines Disaster Resilience Foundation (PDRF). Build Change is working with local microfinance partners to incentivize preventative home strengthening and make it accessible to low-income families. In 2022 our innovative home strengthening loans with technical assistance enabled hundreds of women in the Philippines to make critical structural improvements to their homes before the next disaster. 1153743 467534 10408 See Schedule O - Program services for the Caribbean, Indonesia, Nepal, Advocacy, Housing and Finance and the United States programs. 1153743 467534 10408 2749100 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 1 1 1 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 1 0 24 1 0 1 CO ID RP 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X Elizabeth Hausler 3039532563 1001 Bannock Suite 467 Denver CO 80204 Elizabeth Hausler Founder and CEO 40 0 X X X X 197186 0 26512 Diane Datteri Controller 40 0 X 121820 0 29548 Sharon G Cooley Vice President of Development 40 0 X X 119394 0 11395 Mary L Collins Vice President of Engineering 35.0 0 X 111260 0 19417 Sibel Berzeg President 40 0 X X 113332 0 13662 Monica Schroeder Director of Advocacy 40 0 X 105230 0 4438 Martin Fisher Board Member 2 0 X 0 0 0 Grace Hanson Board Member 2 0 X 0 0 0 Hemant Shah Board Member 2 0 X 0 0 0 Erin Bradner Board Member 2 0 X 0 0 0 768222 0 104972 6 1 1 0 0 0 0 0 0 195700 3420029 2821 3615729 Program Fees 541330 240697 240697 0 0 0 0 0 0 240697 680 0 0 680 0 0 0 0 0 0 0 0 0 0 0 0 0 Foreign Exchange Loss 541330 -10610 0 0 -10610 0 0 0 0 -10610 3846496 240697 0 -9930 156600 156600 223697 59884 79374 84439 2457659 1318561 444450 694648 0 259088 152414 48864 57810 178686 90690 44570 43426 11776 11776 36150 12750 23400 235810 164230 44429 27151 85373 47825 26367 11181 98364 62841 20941 14582 15302 11618 3641 43 314717 241447 34431 38839 245550 245550 21971 792 20708 471 Housing Subsidies 121550 121550 0 0 Transport and Freight 10073 9933 34 106 Training Supplies & Equipment 34618 34618 0 0 Business Expenses 33100 6021 26420 659 4540084 2749100 817629 973355 2851591 2336718 190765 67851 33918 22895 38127 59249 839068 491205 593413 347863 7697 7031 4228 723 3719739 2842330 257788 290469 33309 12507 195700 0 0 0 486797 302976 X 1700294 1844247 1532648 695107 3232942 2539354 3719739 2842330 -693588 0 0 0 0 0 X 0 1 X 1 0 X 5573092 5227002 3346551 3161604 3615729 20923978 0 0 0 0 0 0 0 0 0 0 5573092 5227002 3346551 3161604 3615729 20923978 20923978 506 323 339 440 680 2288 0 0 0 0 0 -7550 -18705 -13194 184649 -10610 134590 21060856 0.99350 0.87229 X Schedule A, Part II, Line 10 Foreign exchange difference and miscellaneous revenue RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 216947 125879 0 0 0 0 342826 184576 32371 0 0 0 0 216947 180765 3811 0 0 0 0 184576 148846 31896 23 0 0 0 180765 90656 58152 38 0 0 0 148846 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 839068 0 491205 347863 0 0 0 0 347863 0 0 X 3846496 0 0 0 0 0 3846496 0 0 0 3846496 4540084 0 0 0 0 0 4540084 0 0 0 4540084 Schedule D, Part V, Line 4 Funds set aside for future use as determined by the Board of Directors. Schedule D, Part X, Line 2 In accordance with generally accepted accounting principles, a private entity is required to disclose any material uncertain tax positions that management believes does not meet a "more-likely-than-not" standard of being sustained under an income tax audit and to record a liability for any such taxes including penalty and interest. Management of the organization has not identified any uncertain tax positions that require the recording of a liability mentioned above or further disclosure. 1 East Asia and the Pacific 2 11 Program Services Training & Tech Assistance 567146 Central America and the Caribbean 1 1 Program Services Training & Tech Assistance 329852 South America 1 12 Program Services Technology & Tech Services 704584 South Asia 1 6 Program Services Training & Tech Assistance 35512 5 30 1637094 South America Housing Assistance 156600 Wire transfer 0 Book 1 0 0 0 0 0 0 0 Schedule F, Part I, Line 2 All funds are used for the purposes agreed to in the variety of grant agreements and contracts entered into with our funders. We have management staff situated in all our country programs to track what the funds are used for, and detailed financial reports, including all financial transactions are submitted to headquarters at a minimum on a monthly basis. X X 0 0 0 0 0 0 0 0 0 Elizabeth Hausler Founder and CEO 197186 0 0 0 0 0 0 0 26512 0 223698 0 0 Sharon G Cooley Vice President of Development 119394 0 0 0 0 0 0 0 11395 0 130789 0 0 Sibel Berzeg President 113332 0 0 0 0 0 0 0 13662 0 126994 0 0 0 Form 990, Part III (Cont. 4) Caribbean: In what remains a challenging political and economic environment, in 2022 Build Change was one of the only organizations successfully rebuilding housing in Haiti following the 7.2-magnitude earthquake of August 2021 - a testament to our homeowner-led model, 100% local team, and our experience working in Haiti over a decade. Indonesia: A new partnership with microfinance institution KOMIDA will enable us to start offering similar financial and technical support for resilient housing to families in Indonesia. A pilot phase was completed in 2022. Build Change has restarted its Safer Schools Program to strengthen vulnerable schools so that children can learn and play in safer environments, with one school retrofit already underway. This decision comes following the devastating earthquake in the Cianjur region of the West Java province in November, which revealed the significant vulnerability that continues to prevail in school infrastructure across Indonesia. Nepal: Build Change partnered with the National Disaster Risk Reduction and Management Authority to provide continued technical assistance for resilient housing in Nepal. As part of this, we carried out critical risk assessments for homes at risk of landslides following two magnitude-6+ earthquakes in Khotan and Doti in 2022. We continue to provide materials, training, and technical support that help the government to prevent buildings from collapsing in future disasters. Advocacy: Build Change lead discussions on climate-resilient housing. Build Change hosted "Driving Policy Action for Climate Resilient Housing", a discussion around issues of global policy. Build Change Founder & CEO, Elizabeth Hausler spoke at FEMA's "Alliances for Inclusive Resilience" annual forum. Build Change's VP of Engineering Lizzie Collins, presented before the Florida Housing Coalition following Hurricane Ian in September on "Integrating disaster prevention and resilience into the housing ecosystem at the household level for Florida's frontline communities." Housing and Finance: Build Change continues to partner with Airbnb to provide housing for those in need. Form 990, Part VI, Section B, Line 11b The Controller prepares the tax return with review and approval by the CEO. It is then presented to the Board of Directors for final review prior to filing. Form 990, Part VI, Section B, Line 12c All employees, including the CEO, signs a conflict of interest document. Conflicts of interest are disclosed and those with any conflicts are not involved in decision making relevant to the conflict in question. Should a conflict arise it would be noted in the minutes and/or brought to the Board's attention if deemed signficiant. Form 990, Part VI, Section B, Line 15 The Board of Directors determines and approves the compensation of the CEO. The Board reviews salary comparability data when determining the salary of the CEO. The approval of the CEO's compensation is documented in the Board minutes. The CEO reviews and approves the salary of top executive employees. The Board preapproves any new hires and their salary by virtue of approving the budgets. If a executive employee is hired outside of the previously approved budgets, the Board is informed of the details and approval is requested. Form 990, Part VI, Section C, Line 19 The organizations posts its financial statements on its own website. The organization's policies and governing documents are available upon request.