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Nonprofit · EIN 54-0154940

BUILDERS & CONTRACTORS EXCHANGE INC

Tax-exempt · NORFOLK, VA 23502

Financials

$498K$473K2023$538K$512K2024$828K$662K2025
Revenue Expenses · by fiscal year end
Financials of BUILDERS & CONTRACTORS EXCHANGE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$828,473$662,355$166,118$1,258,569$0$1,258,569
December 31, 2024990$538,419$511,979$26,440$1,092,451$0$1,092,451
December 31, 2023990$497,843$472,732$25,111$1,066,011$0$1,066,011
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,180
Program service revenue
$705,742
Investment income
$100,572
Net income from fundraising events
$20,979
Other revenue
$20,979

Expenses

Grants and similar amounts paid
$10,000
Compensation of officers, directors and key employees
$86,192
Other salaries and wages
$216,402
Salaries, compensation and benefits (total)
$389,457
Professional fundraising fees
$0
Accounting fees
$12,108
Occupancy
$50,805
Depreciation
$13,364
Program services (functional)
$486,439
Management and general (functional)
$168,851
Fundraising (functional)
$7,065

Balance sheet and other

Total assets, start of year
$1,092,451
Total assets, end of year
$1,258,569
Total liabilities, end of year
$0
Net assets, end of year
$1,258,569
Land, buildings and equipment
$288,259
Publicly traded securities
$577,325
Gross receipts
$841,001
Employees
6
Year formed
1908
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
PAUL HAVELESEXECUTIVE DI
Officer
40$86,192
JUSTIN BALLARDBOARD MEMBER
Trustee or director
–$0
JEFFREY L CASH1ST VICE PRE
Trustee or director, Officer
–$0
TOM GRESHAMSECRETARY
Trustee or director, Officer
–$0
ED JOSTPRESIDENT
Trustee or director, Officer
–$0
KIM KENDZORATREASURER
Trustee or director, Officer
–$0
MICHAEL L STERLING2ND VICE PRE
Trustee or director, Officer
–$0
BRIAN STRANGWAYS3RD VICE PRE
Trustee or director, Officer
–$0
MORGAN WELLSBOARD MEMBER
Trustee or director
–$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensation
PAUL HAVELESEXECUTIVE DI
Trustee or director, Officer
40$86,192
JUSTIN BALLARDDIRECTOR
Trustee or director
–$0
JEFFREY L CASH2ND VICE PRE
Trustee or director, Officer
–$0
TOM GRESHAMDIRECTOR
Trustee or director
–$0
DANIEL J GRYGOPRESIDENT
Trustee or director, Officer
–$0
ED JOST1ST VICE PRE
Trustee or director, Officer
–$0
MICHAEL P KELLAMDIRECTOR
Trustee or director
–$0
KIM KENDZORADIRECTOR
Trustee or director
–$0
MICHAEL L STERLING3RD VICE PRE
Trustee or director, Officer
–$0
BRIAN STRANGWAYSTREASURER
Trustee or director, Officer
–$0
MORGAN WELLSDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
PAUL HAVELESEXECUTIVE DI
Trustee or director, Officer
40$92,423
JUSTIN BALLARDDIRECTOR
Trustee or director
–$0
JEFFREY L CASH3RD VICE PRE
Trustee or director, Officer
–$0
WILLIAM CROCKERPRESIDENT
Trustee or director, Officer
–$0
DANIEL J GRYGO1ST VICE PRE
Trustee or director, Officer
–$0
JAN HALLDIRECTOR
Trustee or director
–$0
ED JOST2ND VICE PRE
Trustee or director, Officer
–$0
MICHAEL P KELLAMDIRECTOR
Trustee or director
–$0
MICHAEL L STERLINGTREASURER
Trustee or director, Officer
–$0
BRIAN STRANGWAYSSECRETARY
Trustee or director, Officer
–$0
MORGAN WELLSDIRECTOR
Trustee or director
–$0
RICHARD WALLER WHITTMOREDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
1118 AZALEA GARDEN RD, NORFOLK, VA 23502-5612
In care of
% THE ORGANIZATION
Principal officer (990 for 2025)
PAUL HAVELES, 1118 AZALEA GARDEN RD, NORFOLK, VA 23502
Signed the 990
PAUL HAVELES, EXECUTIVE DIRECTOR
Phone
(757) 858-0680
Return prepared by
COLBY & COMPANY PLC

Mission

THIS EXCHANGE PROVIDES THE BUILDING AND CONSTRUCTION INDUSTRY RELEVANT SERVICES AND INFORMATION TO MEMBERS THROUGH PERIODICALS, WEB-BASED AND OTHER ELECTRONIC MEANS.

990 for the year ended December 31, 2025

Program accomplishments

  • MEMBER SERVICES - TO IMPROVE BUSINESS CONDITIONS, COOPERATION AND GOODWILL IN THE CONSTRUCTION INDUSTRY IN VIRGINIA, AND TO ENHANCE THE HUMAN, INTELLECTUAL AND PHYSICAL ASSETS OF THE CONSTRUCTION INDUSTRY IN VIRGINIA THROUGH ADVOCACY, EDUCATION, RESEARCH, STANDARDS AND INFORMATION. THIS INCLUDES, BUT IS NOT LIMITED TO, COOPERATION WITH OTHER GROUPS, ASSOCIATIONS, OR PROFESSIONAL SOCIETIES EXISTING, OR FORMED FOR LIKE PURPOSES, ANNOUNCEMENT OF NEW DEVELOPMENTS IN THE INDUSTRY, AND PROVISION OF ACCESS TO PLANS, SPECIFICATIONS AND OTHER INFORMATION FOR CONSTRUCTION PROJECTS.
  • ALL OTHER ACCOMPLISHMENTS MEMBER SERVICES - TO IMPROVE BUSINESS CONDITIONS, COOPERATION AND GOODWILL IN THE CONSTRUCTION INDUSTRY IN VIRGINIA, AND TO ENHANCE THE HUMAN, INTELLECTUAL AND PHYSICAL ASSETS OF THE CONSTRUCTION INDUSTRY IN VIRGINIA THROUGH ADVOCACY, EDUCATION, RESEARCH, STANDARDS AND INFORMATION. THIS INCLUDES, BUT IS NOT LIMITED TO, COOPERATION WITH OTHER GROUPS, ASSOCIATIONS, OR PROFESSIONAL SOCIETIES EXISTING, OR FORMED FOR LIKE PURPOSES, ANNOUNCEMENT OF NEW DEVELOPMENTS IN THE INDUSTRY, AND PROVISION OF ACCESS TO PLANS, SPECIFICATIONS AND OTHER INFORMATION FOR CONSTRUCTION PROJECTS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-0154940
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1931
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,258,569
Income (IRS master file)
$841,001

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$828,473$662,355$1,258,569XML
990December 2024$538,419$511,979$1,092,451XML
990December 2023$497,843$472,732$1,066,011XML
990December 2022$404,223$468,179$1,130,682IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-0154940).

Questions about BUILDERS & CONTRACTORS EXCHANGE INC

What is the EIN of BUILDERS & CONTRACTORS EXCHANGE INC?
The employer identification number (EIN) of BUILDERS & CONTRACTORS EXCHANGE INC is 54-0154940.
Is BUILDERS & CONTRACTORS EXCHANGE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1931.
Are donations to BUILDERS & CONTRACTORS EXCHANGE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BUILDERS & CONTRACTORS EXCHANGE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BUILDERS & CONTRACTORS EXCHANGE INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BUILDERS & CONTRACTORS EXCHANGE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of BUILDERS & CONTRACTORS EXCHANGE INC?
The 990 for the year ended December 31, 2025 names PAUL HAVELES.
Who are the officers and directors of BUILDERS & CONTRACTORS EXCHANGE INC?
The 990 for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $86,192 (PAUL HAVELES, EXECUTIVE DI).
How much revenue does BUILDERS & CONTRACTORS EXCHANGE INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $828,473, expenses of $662,355 and total assets of $1,258,569 at year end.

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