2022-10-14T15:44:58-07:00 2021-12-31 990 2021-01-01 352237155 BUILD CHANGE BUIL 3039532563 1001 Bannock Number 467 Denver CO 80204 Elizabeth Hausler CEO with Fiscal Responsibility 3039532563 2022-09-15 1 11 1 AAL2 X 2021 2022-09-23 18:48:47Z Elizabeth Hausler 1001 Bannock Suite 467 Denver CO 80204 3395376 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 18 15 0 0 3346551 3161602 23171 48685 339 440 -13194 184649 3356867 3395376 0 0 0 0 2149118 2239659 0 0 336661 909675 1032873 3058793 3272532 298074 122844 3731599 3719739 683541 486797 3048058 3232942 X Build Change saves lives in earthquakes and windstorms by working with people in emerging nations to build homes and schools that will protect their families. 1 0 584949 0 414079 Latin America: With technical assistance from Build Change, the city of Bogota now has their own in-house permitting agency, dedicated exclusively to upgrades for existing informal housing. This has been instrumental in creating a clear pathway to safer housing in the city. 140 permits were granted for structural strengthening and expansion of homes in 2021 alone, compared to 12 in the previous 7 years. Furthermore, we transferred technical, technological and institutional capacities to the government of Bogota to structure and run the Plan Terazas program, which includes the systematic structural improvement of informal housing. This is the first time such a project has been implemented, both for the country and the region. The approval of a $136M loan by the World Bank marks a watershed moment for progress in Colombia, signaling widespread endorsement for structural home improvements and support for national scaling. Key to this has been Build Change's on-the-ground demonstration and long-term advocacy efforts, with work in Colombia beginning in 2012, and subsequently as part of the World Bank's Global Programs for Resilient Housing. The funding is also a powerful demonstration of how philanthropic capital can unlock public and private investment. Build Change and the Honduran Red Cross are supporting families living in flood zones to build resilient second stories. These safe, autonomous living spaces provide refuge & increase home value. Three demonstration homes are nearing completion, with seven more underway. 271076 123500 320633 Caribbean: Thousands of vulnerable families in the Bahamas are still feeling the impacts of Hurricane Dorian, unable to rebuild their homes. In 2021, a comprehensive needs assessment of the policy, finance and technical environment for housing helped identify some of the key barriers preventing families from rebuilding. Climate-resilient homes in Sint Maarten and Dominica are helping to keep families safe from future threats. More than 100 homes were built or strengthened in 2021 with many more underway. This work was completed by the national government of these countries, to whom Build Change provided services. Embedded in the rebuilding effort are policy change systems, tools, and training to support long-term rebuilding and incentivize resilient construction. By applying permanent solutions rapidly after disasters, we can maximize investments while minimizing reliance on temporary fixes. Six housing retrofits have been completed following the August earthquake in Haiti, with ten more planned. Three years on, the Haitian brickmaking businesses we trained are still producing high-quality materials: Better blocks and local jobs are key to earthquake and economic recovery in Haiti. We are expanding REZO - "Network" in Haitian Creole - to provide technical and business to local businesses, new and old. 129928 0 214400 Indonesia: A key accomplishment of the Indonesia team was the completion of a 12-month consultancy with the World Bank in Central Sulawesi, focusing on 20 school, university, hospital, and government buildings. This work included guidelines for and training on how to strengthen public buildings. More than 5,000 students, teachers, and administrators have indirectly benefitted from our work on this project. 1306023 400000 154082 See Schedule O - Program services for the Philippines, Nepal, Innovations and the United States programs. 1306023 400000 154082 2291976 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 1 0 0 0 0 0 0 0 0 1 0 0 1 18 1 0 1 CO ID NP 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 X Elizabeth Hausler 3039532563 1001 Bannock Number 467 Denver CO 80204 Elizabeth Hausler Founder and CEO 40 X X 192834 0 11856 Diane Datteri Controller 40 X 108620 0 16733 Martin Fisher Board Member 2 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 301454 0 28589 2 0 1 0 0 0 0 0 0 0 3161602 736650 3161602 Program Fees 541330 48685 0 0 48685 0 0 0 0 48685 440 0 0 440 0 0 0 0 0 0 0 0 0 0 0 0 0 Foreign Exchange Loss 541330 -24051 0 0 -24051 Paycheck Protection Program Loan Foregiveness 541330 208700 0 0 208700 0 0 0 0 184649 3395376 0 0 233774 204689 73913 77209 53567 1724701 1157486 353138 214077 154928 87965 48046 18917 155341 106565 29358 19418 17279 15623 1656 0 36616 12791 23825 0 307286 300433 0 6853 8367 8308 0 59 60128 33748 21020 5360 70930 48540 14046 8344 33014 28834 2280 1900 205342 179919 17956 7467 143238 143238 General Business Expenses 63442 7382 55361 699 Training Supplies & Equipment 46975 46975 0 0 Transport & Freight 8097 8097 0 0 Housing Subsidies 32159 32159 0 0 3272532 2291976 643895 336661 2890808 2851591 584081 190765 199345 33918 32626 38127 839068 245655 0 593413 8363 7697 16376 4228 3731599 3719739 542845 257788 140696 33309 195700 0 0 683541 486797 X 1800110 1700294 1247948 1532648 3048058 3232942 3731599 3719739 122844 0 0 0 62040 0 X 0 1 1 0 X 6686306 5573092 5227002 3346551 3161604 23994555 0 0 0 0 0 0 0 0 0 0 0 0 6686306 5573092 5227002 3346551 3161604 23994555 2932980 21061575 303 506 323 339 440 1911 0 0 0 0 0 0 3500 -7550 -18705 -13194 184649 148700 24145166 0.87229 0.79965 X Schedule A, Part II, Line 10 Exchange rate losses or gains and income from forgiveness of a PPP loan RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 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 44086 46546 24 0 0 0 90656 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 839068 245655 593413 593413 0 0 X 3395376 0 0 0 0 0 3395376 0 0 0 3395376 3272532 0 0 0 0 0 3272532 0 0 0 3272532 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 aboce or further disclosure. 1 East Asia and the Pacific 1 13 Program Services Training & Tech Assistance 600116 Central America and the Caribbean 1 5 Program Services Training & Tech Assistance 271076 South America 1 15 Program Services Training & Tech Assistance 584949 South Asia 1 7 Program Services Training & Tech Assistance 34615 4 40 1490756 South America Housing Assistance 31400 Wire disbursement 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 of 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 192834 0 0 0 0 0 3500 0 8355 0 204689 0 0 X Software Licenses 147 736650 Market Value 0 0 0 0 Form 990, Part III, Line 2 Build Change began to expand its services to the United States Form 990, Part III, Line 4d The Philippines: Emerging from a difficult year in 2020, Build Change's Philippines team set out to complete projects that had been delayed in the past year due to challenges posed by the pandemic. Together with our microfinance partners in the Philippines, over 100 women accessed affordable financing options to repair and strengthen their homes - up from 14 loans in 2020. Coupled with this growth was a campaign to raise awareness of housing loans, rolled out across various pilot locations and reaching over 7,500 people, far surpassing the initial target reach of 5,000. Philippines Expenses: $470,188 Revenue $65,662 Nepal: The publication of a series of documents by the National Reconstruction Authority with Build Change and partners, ensures that valuable knowledge and experience from the 2015 earthquake reconstruction is captured. These include a retrofitting manual and a guidance document comprising lessons learned and proposed next steps. Expenses: $34,615 Revenue: $39,588 Innovations: The Engineering and Design team participated in 21 events, delivering 30 presentations across 11 different speakers, covering engineering, humanitarian, governmental and climate topics. The Intelligent Supervision Assistant for Construction leverages open-source AI technology to rapidly assess houses and categorize vulnerable buildings. Scalable, adaptable, cost-effective technology such as this can make it easier, cheaper, and faster to build safety and improve housing resilience around the world. The Build Change Guide ito Resilient Housing: An Essential Handbook for Governments and Practitioners is a comprehensive handbook with practical tools for designing and implementing homeowner-driven resilient housing programs at scale, drawing on our experience in 24 countries. Expenses: $777,454 Grants: $400,000 Revenue: $48,781 United States: The development and needs assessment of a program to assist the vulnerable population based in the United States needs was begun in 2021. Expenses: $23,766 Revenue: $51 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 an/or brought to the Board's attention if deemed significant. Form 990, Part VI, Section B, Line 15 The Board of Directors determines and approves the compensation of the CEO. The Board reviews regional, national and industry salary comparability data including the Mountain States Employers Council compensation survey and the annual Guidestar salary survey 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 management officials. The Board preapproves any new hires and their salary by virtue of approving the budgets. If a top management personell 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 organization posts its financial statements on its own website. The organization's policies and governing documents are available upon request.