2021-10-11T07:41:53-05:00 2020-12-31 340677006 MALONEY NOVOTNY LLC 1105 SCHROCK ROAD STE 510 COLUMBUS OH 43229 990 2020-01-01 311662183 BUILDERS EXCHANGE FOUNDATION BUIL 6144869521 1175 DUBLIN ROAD COLUMBUS OH 43215 MARY TEBEAU EXECUTIVE DIRECTOR 6144869521 2021-09-23 1 MARY TEBEAU 999009999 GREGORY RUBAN P00946304 6147816174 2021-08-31 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z MARY TEBEAU 1175 DUBLIN ROAD COLUMBUS OH 43215 822765 0 X WWW.BX.ORG/FOUNDATION X 1999 OH THE BUILDERS EXCHANGE FOUNDATION WAS ESTABLISHED IN 1999 AS A PHILANTHROPIC ARM OF THE BUILDERS EXCHANGE OF CENTRAL OHIO. THE MISSION OF THE FOUNDATION IS TO ADAVANCE AND SUPPORT THE COMMERCIAL CONSTRUCTION INDUSTRY'S EDUCATION AND RESEARCH ACTIVITIES FOR THE BENEFIT OF EMPLOYERS, EMPLOYEES, CONSUMERS, AND THE COMMUNITY IMPACTED BY THE COMMERCIAL CONSTRUCTION INDUSTRY IN CENTRAL OHIO. THE FOUNDATION IS PRIMARILY DEPENDENT ON THE SUPPORT OF THOSE CLOSELY AFFILIATED WITH THE LOCAL COMMERICAL CONSTRUCTION INDUSTRY 10 10 0 0 0 0 111487 92983 0 0 159984 297318 0 0 271471 390301 200500 202000 0 0 0 0 0 0 3500 105419 43938 305919 245938 -34448 144363 5088488 5644033 4891 0 5083597 5644033 X THE BUILDERS EXCHANGE FOUNDATION WAS ESTABLISHED IN 1999 AS A PHILANTHROPIC ARM OF THE BUILDERS EXCHANGE OF CENTRAL OHIO. THE MISSION OF THE FOUNDATION IS TO ADVANCE AND SUPPORT THE COMMERCIAL CONSTRUCTION INDUSTRY'S EDUCATION AND RESEARCH ACTIVITIES FOR THE BENEFIT OF EMPLOYERS, EMPLOYEES, CONSUMERS AND THE COMMUNITY IMPACTED BY THE COMMERICAL CONSTRUCTION INDUSTRY IN CENTRAL OHIO. THE FOUNDATION IS PRIMARILY DEPENDENT ON THE SUPPORT OF THOSE CLOSELY AFFILIATED WITH THE LOCAL COMMERICAL CONSTRUCTION INDUSTRY. 0 0 227385 202000 THE FOUNDATION SUPPORTS STUDENT OUTREACH AND AWARDS SCHOLARSHIPS TO WORTHY COLLEGE STUDENTS AND UNIVERSITIES. IN ADDITION, THE FOUNDATION SUPPORTED THE BUILDERS EXCHANGE OF CENTRAL OHIO BY PROVIDING GRANTS FOR PROFESSIONAL DEVELOPMENT AND MEMBERSHIP MATERIALS. 227385 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 OH X KURT MOSHER 6144869521 1175 DUBLIN RD COLUMBUS OH 43215 MARK MUTER PAST PRESIDENT 1.00 X X 0 0 0 JIM SMITH PRESIDENT 1.00 X X 0 0 0 GREG SCHMITT BOARD MEMBER 1.00 2.00 X 0 0 0 BRIAN DEW BOARD MEMBER 1.00 X 0 0 0 JOSH CORNA BOARD MEMBER 1.00 X 0 0 0 MARK SETTERLIN BOARD MEMBER 1.00 2.00 X 0 0 0 ED KEENER BOARD MEMBER 1.00 2.00 X 0 0 0 CHRISTIAN ROBERTSON BOARD MEMBER 1.00 X 0 0 0 CASSY SLEEPER BOARD MEMBER 1.00 X 0 0 0 KURT MOSHER DIRECTOR OF FINANCE 1.00 40.00 X 0 111530 11005 MARY TEBEAU EXECUTIVE DIRECTOR 5.00 40.00 X 0 223132 15296 0 334662 26301 0 0 1 0 0 27101 65882 92983 91820 91820 637962 432464 205498 205498 205498 0 27101 0 0 390301 0 0 297318 90500 90500 111500 111500 35000 24500 7000 3500 8000 8000 OTHER EXPENSES 938 885 53 245938 227385 15053 3500 3862 3000 4439 5085488 5635732 5088488 5644033 4891 0 4891 0 X 2449718 2995252 2633879 2648781 5083597 5644033 5088488 5644033 144363 467322 -51249 0 X X 0 1 X 1 0 X 122104 112161 109350 111487 92983 548085 122104 112161 109350 111487 92983 548085 131931 416154 102840 105135 112147 102607 91819 514548 1062633 0.39160 0.44360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 95856 1 1 2633879 55822 80807 121727 2648781 2584467 66503 101233 118324 2633879 2647768 70049 -35600 97750 2584467 2579493 71170 84746 80000 7641 2647768 2548593 75498 31753 70000 6351 2579493 0.76659 0.23341 0 0 0 X 806374 467322 467322 339052 51249 51249 390301 245938 0 245938 0 245938 PART V, LINE 4: THE FOUNDATION USES ENDOWMENT FUNDS TO GRANT SCHOLARSHIPS AND SUPPORT WORKFORCE DEVELOPMENT PROGRAMS THAT ALIGN WITH ITS MISSION PART X, LINE 2: MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT BELIEVE THAT ANY REASONABLY POSSIBLE CHANGES IN TAX POSITIONS WILL OCCUR WITHIN THE NEXT TWELVE MONTHS THAT WILL HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. GOLF OUTING 20501 20501 SILENT AUCTION 6600 6600 27101 27101 1 COLUMBUS 2020 150 SOUTH FRONT SUITE 200 COLUMBUS OH 43215 271509190 501(C)(6) 5000 BUILDING COLUMBUS/CENTRAL OHIO FRANKLINTON RISING 4653 TRUEMAN BLVD 100 HILLIARD OH 43026 471508832 501(C)(3) 82500 PROVIDE TRAINING IN THE CONSTRUCTION TRADES TO UNDERPRIVLEDGED YOUTH IN ORDER TO GAIN JOB SKILLS. 1 1 SCHOLARSHIPS 42 111500 PART I, LINE 2: THE FOUNDATION REVIEWS AND APPROVES GRANT EXPENSES PRIOR TO DISTRIBUTING GRANT FUNDING. 0 0 0 0 0 0 0 0 0 MARY TEBEAU EXECUTIVE DIRECTOR 0 180399 0 34219 0 8514 0 7987 0 7309 0 238428 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR IS COMPENSATED BY THE BUILDERS EXCHANGE OF CENTRAL OHIO. THAT ORGANIZATION UTILIZES A COMPENSATION COMMITTEE, COMPENSATION STUDIES, AND APPROVAL BY THE COMPENSATION COMMITTEE TO DETERMINE THE EXECUTIVE DIRECTOR'S COMPENSATION. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE FOUNDATION HAS RECEIVED A COPY OF THE FORM 990, IT IS REVIEWED BY THE DIRECTOR OF FINANCE AND EXECUTIVE DIRECTOR PRIOR TO SUBMISSION TO ALL MEMBERS OF THE GOVERNING BODY FOR APPROVAL PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWER SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON A HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY B HAS RED AND UNDERSTANDS THE POLICY C HAS AGREED TO COMPLY WITH THE POLICY D UNDERSTANDS THAT THE BX FOUNDATION IS A NON PROFIT ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL OR OTHER INTERESTS AND ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTIONS OR ARRANGEMENT. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS AND FOLLOW THE EXISTING PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST TO ENSURE THAT ANY DECISION REGARDING A PROPOSED TRANSACTION OR ARRANGEMENT IS IN THE BEST INTEREST OF THE BX FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON THE REQUEST OF THE PUBLIC PART XII, LINE 1 EXPLANATION THE FOUNDATION'S FINANCIAL STATEMENTS WERE PREPARED USING THE MODIFIED CASH BASIS OF ACCOUNTING, WHICH IS ANOTHER COMPREHENSIVE BASIS OF ACCOUNTING DIFFERENT FROM GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP). ACCORDINGLY, REVENUE IS RECOGNIZED IN THE PERIOD WHEN FUNDS ARE RECEIVED RATHER THAN THE PERIOD WHEN EARNED BY PERFORMANCE, WHICH DIFFERS FROM GAAP IN THAT A RECEIVABLE WOULD BE REOCRDED IF REVENUE HAD BEEN EARNED BUT THE FUNDS HAD NOT BEEN RECEIVED AS OF THAT PERIOD END. EXPENSES ARE RECOGNIZED WHEN PAID RATHER THAN WHEN THE OBLIGATION IS INCURRED, WHICH DIFFERS FROM GAAP IN THAT IF THE OBLIGATION WAS INCURRED AND PAYMENT HAD NOT BEEN MADE AS OF THAT PERIOD END, THEN A LIABILITY WOULD BE RECORDED. THE FOUNDATION DID NOT CHANGE ITS ACCOUNTING METHOD DURING YEAR ENDED DECEMBER 31, 2020. PART XII, LINE 2C EXPLANATION THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. BUILDERS EXCHANGE OF CENTRAL OHIO 1175 DUBLIN RD COLUMBUS OH 43215 314137970 TO ADVANCE THE COMMERCIAL CONSTRUCTION INDUSTRY OH 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 BUILDERS EXCHANGE OF CENTRAL OHIO P 120000 COST BASIS