2023-11-13T05:35:56-08:00 2023-06-30 461798163 Select ARC LLC 20 Park Vista Ct Silver Spring MD 20906 990 2022-07-01 980575195 BUILDING MARKETS LTD BUIL 2127850400 195 Montague Street Brooklyn NY 11201 Frank H McNutt COO 2127850400 2023-11-10 true Frank McNutt XXX-XX-XXXX true Vivian P Jenkins P01682838 3017414440 2023-11-13 X 0 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Frank H McNutt 39 BROADWAY New York NY 10006 4108126 false X www.buildingmarkets.org X 2008 NY Building Markets has supported more than 26,700 SMEs, assisted those businesses in winning $1.36 billion in contracts and $21 million in loans, and has helped create over 75,000 jobs across diverse markets like Turkey, Colombia, Jordan, Myanmar, Afghanistan, Liberia, and Haiti. 10 9 14 0 0 0 4094608 0 11371 2147 4108126 170897 0 2302727 0 24556 1630942 4104566 3560 1228180 2032767 932457 1721951 295723 310816 X Building Markets builds inclusive economies for small businesses (SMEs) so that all people have the opportunity to rise. Building Markets has supported more than 26,700 SMEs, assisted those businesses in winning $1.36 billion in contracts and $21 million in loans, and has helped create over 75,000 jobs across diverse markets like Turkey, Colombia, Jordan, Myanmar, Afghanistan, Liberia, and Haiti. true false 2329531 1081822 0 Building Markets' Sustainable Marketplace program in Turkey works with Syrian owned businesses to help them better assimilate into their host communities, and build long term livlihoods for refugees and their host communities. In the last year the program helped businesses generate 12.8 million dollars in revenue and generate 2,226 jobs. 250537 62952 0 Building Markets works with recycling SMEs in Myanmar to help reduce waste and ensure that the collection rate for PTE and alluminium is higher for the market. In the past year Myamnar's team helped increase the collection rate of PTEs by 18.6% amongst SMEs with whom we work. 230259 137949 0 Building Markets works with SMEs that are owned or employe Venezuelan refugees in Colombia. We launched the program in the current tax year, hired staff, and began working with 650 SMEs to improve their access to markets. 2810327 true true false false false false false false false false true false false true true true true false false true true true false false false false false false false true false false false false false false false false false false false false false false false false false true 0 0 14 true false true CO TU BM false false false false false false false false X 10 9 false false false false false false false true true false true true true true true true true true true false false NY X Shaniqwa Chapman 2127850400 195 Montague St Fl 14 Brooklyn NY 11201 Radha Rajkotia Chief Executive Officer 40.00 X X 67244 0 7621 Elizabeth Fairfield Brown Head Of Partnerships 40.00 X 153705 0 8378 Ainsley F Butler Global Head of Programs 40.00 X 142500 0 12343 Shaniqwa Chapman Senior Mgr, Finance and Admin 40.00 X 114917 0 12149 Frank Hamilton Mcnutt Chief Operating Officer 40.00 X 20507 0 310 Ben Cushman Board Chair 1.00 X X 0 0 0 Mike Didovic Director 1.00 X 0 0 0 Trent Hoole Director 1.00 X 0 0 0 John Mackie Director 1.00 X 0 0 0 Carolyn Makinson Director 1.00 X 0 0 0 Terry Peigh Director 1.00 X 0 0 0 Kim Saal Director 1.00 X 0 0 0 Jennifer Holt Chief Executive Officer 40.00 X 110895 0 2453 609768 0 43254 4 true true false 2696572 1398036 19969 4094608 11371 0 11371 2147 0 0 2147 2147 4108126 0 0 13518 170897 170897 685726 215576 451490 18660 1180261 983719 196542 0 15963 0 15963 0 114578 97564 15868 1146 306199 226756 76381 3062 50803 26825 23978 0 62427 17813 44614 0 825450 669232 156218 0 91566 43100 48466 0 42143 15994 26149 0 75536 57070 18466 0 198393 85757 112636 0 145910 97189 48721 0 20070 2285 17785 0 2645 0 2645 0 6646 56 6590 0 VAT 74402 74271 131 0 Training & Development 18866 11826 7040 0 Expensed Eqpt Purchases 14397 14397 0 0 Pmt Processing Fees 1688 0 0 1688 4104566 2810327 1269683 24556 75242 525541 650469 1106577 2000 1787 980 7351 4802 19827 15200 5473 4627 485858 390240 1228180 2032767 130831 163801 1197905 801626 360245 932457 1721951 X 295723 310816 295723 310816 1228180 2032767 X 3560 9537 1996 X false true X true true true X 0 2718105 3254839 3186060 3629304 4094608 16882916 0 0 2718105 3254839 3186060 3629304 4094608 16882916 1596601 15286315 284 227 150 11371 12032 74 2449 2523 0 16897471 0 0.90470 0.90450 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 19827 15200 4627 4627 SECURITY DEPOSIT 36420 RIGHT OF USE ASSET 353820 390240 Operating lease liability 360245 360245 X 4106438 4106438 1688 1688 4108126 4100878 4100878 3688 3688 4104566 Pt X, Line 2 For the years ended June 30, 2023 and 2022, the Organization has documented its consideration of FASB ASC 740-10, Income Taxes, that provides guidance for reporting uncertainty in income taxes and has determined that no material uncertain tax positions qualify for either recognition or disclosure in the financial statements. Pt XI, Line 4b Payment processing fees netted against revenue Pt XII, Line 4b Foreign Currency Exchange Gain/Loss $2,000; payment processing fees netted against revenue $1,688 true East Asia and Pacific 1 9 PROGRAM SERVICES Driving Economic & Environmental Su 306306 Europe 1 27 PROGRAM SERVICES Provides ongoing livelihood and bus 3030229 South America 1 10 PROGRAM SERVICES Serve refugee-owned and/or employin 281483 3 46 3 46 3618018 3618018 Europe to support the devel 10923 Milestone Schedule Europe to support the devel 29038 Milestone Schedule Europe to support the devel 15817 Milestone Schedule Europe to support the devel 31960 Milestone Schedule Europe to expand its servic 90925 Milestone Schedule Europe customized advisory 45000 Milestone Schedule 6 false false false false false false Pt I Line 2 Our grant monitoring process observed monthly activity reporting and financial and milestone progress reports from grantees. The grants signed by grantees often describe a payment schedule based on milestones to ensure grantees are paid against the delivery of their technical responsibilities. An MPR (Milestone Progress Report) form is filled by the SGA and sent for BM's MEAL and Finance approval before any payment is made. The SGAs with a substantial amountof contract value (above $100k) BM conducts monthly and ad-hoc meetings along with quarterly internal financial audits. X X X false false false false false false false false false Elizabeth Fairfield Brown 138705 0 15000 0 0 0 0 0 8378 0 162083 0 0 0 Ainsley F Butler 142500 0 0 0 0 0 0 0 12343 0 154843 0 0 0 Jennifer Holt 110895 0 0 0 0 0 0 0 2453 0 113348 0 0 0 Pt III, Line 2 New project in Colombia: We are seeking to adapt and contextualize this successful model to serve refugee-owned and/or employing SMEs in Colombia and/or Ecuador in order to improve the lives and livelihoods of refugees through increased job creation and access to procurement opportunities. At the conclusion of the project, we will successfully have produced new market research on refugee-owned and employing small businesses, opened up Building Markets digital services to new partners, and identified a partnership with a local organization in order to transition future implementation to local leadership. Pt XI Foreign Currency Exchange Gain/Loss $2,000; Rounding Error $2 Pt VI, Line 11b Audit Committee reviews the 990, and recomends its acceptance of the 990 to the board. Pt VI, Line 12c Employees are required to review the policy and sign they have read it. Pt VI, Line 15a The board reviews and approves salary of top management official. Form 990, Part IX, Line 11g Consulting Fees 775937. 648905. 127032. Form 990, Part IX, Line 11g Other Contractual Costs 1479. 1479. Form 990, Part IX, Line 11g Other Professional Fees 48034. 18848. 29186.