Skip to main content

Nonprofit · EIN 82-3521553

BUILD INSTITUTE

Tax-exempt · DETROIT, MI 48216

Financials

$539K$1.7M2023$1.4M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of BUILD INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,416,581$1,498,090-$81,509$893,276$61,315$831,961
December 31, 2023990$538,759$1,685,758-$1,146,999$1,062,595$149,123$913,472
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,338,526
Program service revenue
$64,690
Investment income
$192
Net rental income
$7,334
Net income from fundraising events
$5,408
Other revenue
$13,173

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$102,416
Other salaries and wages
$358,718
Salaries, compensation and benefits (total)
$570,846
Professional fundraising fees
$0
Occupancy
$79,403
Travel
$14,642
Depreciation
$176,160
Program services (functional)
$1,285,341
Management and general (functional)
$143,163
Fundraising (functional)
$69,586

Balance sheet and other

Total assets, start of year
$1,062,595
Total assets, end of year
$893,276
Total liabilities, end of year
$61,315
Net assets, end of year
$831,961
Land, buildings and equipment
$65,318
Net assets without donor restrictions
-$126,382
Net assets with donor restrictions
$958,343
Gross receipts
$1,437,618
Employees
8
Year formed
2017
State of legal domicile
MI

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Regina Ann CampbellPresident and CEO
Highest-paid employee
40$102,416
Camille Walker-BanksChair
Trustee or director, Officer
1$0
Erin BonahoomCo-Chair
Trustee or director, Officer
1$0
Toni BeaubienTreasurer
Trustee or director, Officer
1$0
April AndersonMember
Trustee or director
1$0
Jeff AronoffMember
Trustee or director
1$0
Hassan BazziMember
Trustee or director
1$0
Amy EberlingMember
Trustee or director
1$0
Brandon HodgesMember
Trustee or director
1$0
Melissa JoyMember
Trustee or director
1$0
Portia PowellMember
Trustee or director
1$0
Kimberly WattsMember
Trustee or director
1$0
J Mathew YohannanMember
Trustee or director
1$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
Camille Walker-BanksIn-coming Chair
Trustee or director, Officer
1$0
Erin BonahoomCo-Chair
Trustee or director, Officer
1$0
Toni BeaubienTreasurer
Trustee or director, Officer
1$0
April AndersonMember
Trustee or director
1$0
Jeff AronoffMember
Trustee or director
1$0
Hassan BazziMember
Trustee or director
1$0
Amy EberlingMember
Trustee or director
1$0
Brandon HodgesMember
Trustee or director
1$0
Melissa JoyMember
Trustee or director
1$0
Portia PowellMember
Trustee or director
1$0
Kimberly WattsMember
Trustee or director
1$0
J Mathew YohannanMember
Trustee or director
1$0
Regina Ann CampbellPresident and CEO
Highest-paid employee
40$0

Address and contacts

Address (IRS master file)
1620 MICHIGAN AVE APT 120, DETROIT, MI 48216-1493
In care of
% CAMILLE W BANKS
Principal officer (990 for 2024)
AARON JACKSON, 1620 MICHIGAN AVE, DETROIT, MI 48216
Signed the 990
AARON JACKSON, EXECUTIVE DIRECTOR
Phone
(313) 265-3590
Return prepared by
GREGORY TERRELL & COMPANY

Mission

TO EMPOWER PEOPLE TO LAUNCH IDEAS AND GROW BUSINESSES BY PROVIDING ACCESS TO EDUCATION, RESOURCES AND A SUPPORTIVE ENGAGED COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • Build Institute has graduated over 1800 aspiring and experienced entrepreneurs from our classes, many of whom have gone on to start successful businesses in the city. In addition to classes, we offer networking events, mentorship, connections to resources and a nurturing community that allows ideas to develop and flourish over time. Our programming expands over 100 zip codes across metro Detroit for which 63 of our participants are people of color and 83 female student enrollment at 83 .
    Expenses $1,285,341

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-3521553
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$893,276
Income (IRS master file)
$1,437,618

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,416,581$1,498,090$893,276XML
990December 2023$538,759$1,685,758$1,062,595XML
990December 2022$1,448,828$1,247,630$2,363,910IRS
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 82-3521553).

Questions about BUILD INSTITUTE

What is the EIN of BUILD INSTITUTE?
The employer identification number (EIN) of BUILD INSTITUTE is 82-3521553.
Is BUILD INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to BUILD INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BUILD INSTITUTE 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 BUILD INSTITUTE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BUILD INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BUILD INSTITUTE?
The 990 for the year ended December 31, 2024 names AARON JACKSON.
Who are the officers and directors of BUILD INSTITUTE?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $102,416 (Regina Ann Campbell, President and CEO).
How much revenue does BUILD INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,416,581, expenses of $1,498,090 and total assets of $893,276 at year end.

Other nonprofits in DETROIT

All nonprofits in DETROIT · Michigan · Community improvement and capacity building