2024-09-15T13:51:29-05:00 2023-12-31 621199757 LBMC PC 325 West Main Street Ste 1600 Louisville KY 40202 990 2023-01-01 610145980 Builders Exchange of Kentucky Inc BUIL 5024599800 2300 Meadow Drive Louisville KY 40218 Lynn Stetson Chief Executive Officer 5024599800 2024-08-23 1 0 William G Meyer III P00171030 5025851600 2023 2024-08-08 14:25:15Z Lynn Stetson 2300 Meadow Drive Louisville KY 40218 4227080 0 X www.bxlou.com X 1982 KY To offer creative resources to facilitate the success of the construction industry by providing valued products and services. 10 10 11 0 56110 0 0 0 1196398 1122017 69617 181356 260216 312094 1526231 1615467 30000 26000 0 0 905569 959572 0 0 0 504196 538777 1439765 1524349 86466 91118 7400370 8289161 702165 653869 6698205 7635292 To offer creative resources to facilitate the success of the construction industry by providing valued products and services. 0 0 853884 1168067 Gather, scan and enter construction project information and documents; daily updates to the website with such information; publish a weekly online news letter. 28000 26000 Provide assistance for higher education. 881884 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 6 0 1 11 1 1 1 0 0 0 0 0 0 0 X 10 10 1 0 0 0 0 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X Lynn Stetson Chief Executive Offic 5024599800 PO Box 5398 Louisville KY 402550398 Jeff Murphy Immediate Past President 1.00 X X 0 0 0 Terri Albert Treasurer 1.00 X X 0 0 0 Lynn Stetson Chief Executive Officer 60.00 X X 145404 0 11642 John Schnurr Director 1.00 X 0 0 0 Todd Pottlitzer President 1.00 X X 0 0 0 Ed Coy Director 1.00 X 0 0 0 Patrick Murphy Director 1.00 X 0 0 0 James Strange Director 1.00 X 0 0 0 Ryan Dodson 1st VP 1.00 X X 0 0 0 Chelsea Ellis-Hogan Director 1.00 X 0 0 0 Jack Resinger Director 1.00 X 0 0 0 145404 0 11642 1 0 1 0 0 Membership Dues - Level I 900099 702640 702640 Membership Dues - Level II 900099 396867 396867 Copying Fees 900099 17710 17710 Admission Fees 900099 4800 4800 1122017 119095 119095 174267 174267 46050 0 46050 46050 46050 2606698 2544437 62261 62261 62261 74419 67176 7243 7243 Insurance Admin Fees 900099 42670 42670 Seminar Income 900099 27889 27889 Advertising income 900099 13440 13440 535 535 84534 1615467 1168067 56110 391290 26000 26000 157046 157046 624421 312430 311991 122023 67852 54171 56082 33353 22729 76530 76530 40433 40433 27570 27570 68748 60895 7853 73422 73422 114247 85685 28562 2231 2231 34482 17241 17241 76599 45960 30639 5415 5415 Taxes and licenses 10480 10480 Dues and Subscriptions 6620 6620 Admininstrative expense 2000 2000 1524349 881884 642465 0 279173 283528 579425 262961 159088 187278 19991 28057 2189558 1138371 1034812 1051187 5327881 6476150 7400370 8289161 43878 37211 656093 614064 2194 2594 702165 653869 X 6698205 7635292 6698205 7635292 7400370 8289161 91118 845969 0 X X 0 1 X 1 0 68630 68630 1835267 935642 899625 285661 202729 82932 1051187 Security Deposits 2594 2594 X 2528612 845969 67176 913145 1615467 0 1615467 1591525 67176 67176 1524349 0 1524349 Part X, Line 2: Generally accepted accounting principles prescribe a comprehensive model for how an organization should measure, recognize, present and disclose in its financial statements uncertain tax positions that an organization has taken or expects to take on a tax return. There is no impact on the Organization's financial statements as a result of the application of these accounting principles. Part XI, Line 2d - Other Adjustments: Fundraising Expenses 67,176. Part XII, Line 2d - Other Adjustments: Fundraising Expenses 67,176. Golf Outing 35429 35429 33729 Annual Membership Event 28400 28400 25152 1 10590 10590 8295 74419 74419 67176 67176 7243 1 Scholarship Expense 12 26000 Part I, Line 2: Scholarship grants are paid directly to schools for credit of enrolled students. 0 0 0 Lynn Stetson Chief Executive Officer 145404 0 0 0 0 0 0 0 11642 0 157046 0 0 0 Vulcan Fire Systems Inc Board Member's Company 17109 Fire alarm and extinguishers inspections 0 Advanced Electrical Systems Board Member's Company 4376 Light fixture repairs 0 Julius Schnurr & Sons Board Member's Company 2550 Energy services 0 Nolan Ray Roofing Board Member's Company 2021 Roofing Services 0 Form 990, Part VI, Section A, line 2 Business relationship between certain board members. Form 990, Part VI, Section A, line 7a Members elect officers. The board is appointed. Form 990, Part VI, Section B, line 11b Organization's process to review Form 990 copies of Form 990 and 990-T are reviewed by executive officer and e-mailed to members of the board for their review prior to filing. Form 990, Part VI, Section B, line 12c Conflict of interest decisions will be made by the board of directors. Form 990, Part VI, Section B, line 15 Executive officer compensation is determined by the board of directors based on their knowledge of the industry and comparable businesses and the value to the organization. Other employee compensation is approved by the directors based on recommendation of the executive officer. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are made available upon request. Form 990, Part XII, Line 2c This process has not changed from prior years.