2020-08-03T09:13:15-05:00 2019-09-30 043530932 PAVENTO RATCLIFFE RENZI & CO LLC 391 East Central St Unit 8A Franklin MA 02038 990 2018-10-01 043540147 Build Commonwealth Inc BUIL 6175419066 22 Batterymarch Street No 501 Boston MA 02109 Timothy Flacke Executive Director 6175419065 2020-06-24 1 John A Ratcliffe P00551279 5085533091 2020-06-24 71.184.195.28 2020-06-24 09:19:03 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C3B66D6938D01A4C542A18F926063C86E2E950D 2018 2020-11-19 02:30:22Z Timothy Flacke 22 Batterymarch Street No 501 Boston MA 02109 11363097 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 22 9 0 0 1200715 10937606 258570 396818 10308 28673 72768 0 1542361 11363097 0 0 0 0 1446836 1884965 0 0 76788 600853 1561419 2047689 3446384 -505328 7916713 1981321 9946582 90420 138968 1890901 9807614 See Schedule O Form 990, Part I, Line 1 0 0 3171177 396818 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. 3171177 1 1 0 0 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 30 0 1 22 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 Keith Malbrue Director 2.00 X 0 0 0 Professor Georgia Keohane Director 2.00 X 0 0 0 Professor Peter Tufano Board Chair 2.00 X X 0 0 0 Timothy Flacke Executive Director 40.00 X X 163884 0 3563 Professor Howell Jackson Director 2.00 X 0 0 0 Evelyn Stark Director 2.00 X 0 0 0 Kate McKee Director 2.00 X 0 0 0 Celia Edwards Karam Director 2.00 X 0 0 0 Haydee Moreno Director 2.00 X 2365 0 0 Nicholas Maynard Sr. Vice President 40.00 X 129392 0 2813 Melissa Gopnik Sr. Vice President 40.00 X 117973 0 10958 413614 0 17334 3 0 1 0 0 10937606 10937606 DEVELOP FIN'L ED.GAMES 900099 396818 396818 396818 28673 28673 11363097 396818 0 28673 167447 125585 16745 25117 1453708 1367159 63690 22859 132968 122991 6419 3558 130842 120452 6494 3896 27144 18059 9085 52083 52083 340764 340335 269 160 186978 169462 10999 6517 83488 83284 204 95824 75371 20453 77414 71311 3832 2271 Special Projects 452029 441429 100 10500 Marketing & Materials 111945 111945 Recruiting 63433 63433 Office Operations 34509 28948 4642 919 35808 31413 3404 991 3446384 3171177 198419 76788 142723 374935 1010534 2385421 604870 6948892 76140 3593 18750 22760 635 364905 187375 55386 177530 68908 36826 1981321 9946582 90420 138968 90420 138968 X 1014171 693963 876730 9113651 1890901 9807614 1981321 9946582 7916713 0 X 0 1 X 1 0 X 2568415 1541583 1555135 1200715 10937606 17803454 776237 239900 296898 331338 396818 2041191 3344652 1781483 1852033 1532053 11334424 19844645 0 0 0 19844645 1227 7130 7337 10308 28673 54675 1227 7130 7337 10308 28673 54675 3345879 1788613 1859370 1542361 11363097 19899320 0.99730 0.99700 0.00270 0.00300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 250455 249667 252384 752506 1128759 67447 9717 1424 78588 62614 62417 63096 188127 282191 343 343 90629 40693 49936 182988 56694 126294 91288 89988 1300 177530 11439173 76076 76076 11363097 0 11363097 3522460 76076 76076 3446384 0 3446384 X X X X 0 0 0 0 0 0 0 0 0 Timothy Flacke Executive Director 163884 0 0 0 0 0 0 0 3563 0 167447 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.