2024-09-26T10:03:19-05:00 2023-12-31 420714325 RSM US LLP 919 EAST MAIN STREET SUITE 1800 RICHMOND VA 23219 990 2023-01-01 844308411 BUILDING TALENT FOUNDATION BUIL 3054917368 1455 PENNSYLVANIA AVENUE NW 400 WASHINGTON DC 20044 BRANKA MINIC CHIEF EXECUTIVE OFFICER 3054917368 2024-09-17 1 1 MEREDITH BELL P01696827 8042822121 2023 2024-08-08 14:25:15Z BRANKA MINIC 1455 PENNSYLVANIA AVENUE NW 400 WASHINGTON DC 20044 2272342 0 X WWW.BUILDINGTF.ORG X 2019 DC TO ADVANCE THE EDUCATION, TRAINING, AND CAREER PROGRESSION OF YOUNG PEOPLE AND PEOPLE FROM UNDERREPRESENTED GROUPS, AS SKILLED TECHNICAL WORKERS AND AS BUSINESS OWNERS IN RESIDENTIAL CONSTRUCTION. 5 4 35 689 0 0 2666303 2263526 0 0 145 691 0 8125 2666448 2272342 0 0 0 0 2017671 2562101 0 5000 310839 1031678 1170104 3049349 3737205 -382901 -1464863 3308070 1999474 1028912 1185179 2279158 814295 X TO ADVANCE THE EDUCATION, TRAINING, AND CAREER PROGRESSION OF YOUNG PEOPLE AND PEOPLE FROM UNDERREPRESENTED GROUPS, AS SKILLED TECHNICAL WORKERS AND AS BUSINESS OWNERS IN RESIDENTIAL CONSTRUCTION. 0 0 721721 2708 BUILDING TALENT PIPELINE - THE FOUNDATION ENGAGES WITH YOUNG PEOPLE, IN SCHOOLS AND IN COMMUNITIES, TO ENCOURAGE THEIR INTEREST AND EXPLORATION OF CAREERS IN RESIDENTIAL CONSTRUCTION. THE FOUNDATION SUPPORTS SCHOOLS AND TRAINING PROVIDERS TO ALIGN THEIR CONSTRUCTION CURRICULA WITH EMPLOYERS' DEMAND FOR SKILLS. THE FOUNDATION AIMS TO SIGNIFICANTLY INCREASE THE NUMBER OF STUDENTS ENROLLING IN CONSTRUCTION PROGRAMS, BY RAISING THEIR AWARENESS OF THE EXCITING OPPORTUNITIES THE INDUSTRY OFFERS. 711181 2708 BUILDING TALENT CONNECTIONS - THE FOUNDATION CONNECTS EMPLOYERS WITH JOB SEEKERS BY SUPPORTING AND STRENGTHENING EDUCATION PARTNERSHIPS WHERE JOB SEEKERS ARE AND THE TRAINING PROGRAMS, TOOLS, AND PLATFORMS WHERE EMPLOYERS SEEK NEW TALENT. THE FOUNDATION'S TALENT CONNECTIONS ARE GEARED TOWARD STRENGTHENING AND SCALING EMPLOYMENT AND BUSINESS OWNERSHIP IN THE INDUSTRY, WHILE IMPROVING COLLABORATION BETWEEN EMPLOYERS, EDUCATORS, AND JOBSEEKERS. 670578 2709 BUILDING TALENT ENGAGEMENT - THE FOUNDATION SUPPORTS THE BUSINESS GROWTH OF ITS TRADE PARTNERS AND THE INDUSTRY'S WORKFORCE BY LEVERAGING INNOVATIVE TALENT MANAGEMENT TECHNOLOGY AND ADVANCING WORKPLACE PRACTICES FOR RECRUITING, HIRING, DEVELOPING, ENGAGING, AND RETAINING WORKERS IN RESIDENTIAL CONSTRUCTION. THE FOUNDATION FOSTERS PROFESSIONAL DEVELOPMENT, ENTREPRENEURSHIP, AND CAREER ADVANCEMENT AMONG THE INDUSTRY'S WORKERS AND BUSINESS OWNERS. 608639 JOBS TO BUILD - THE FOUNDATION'S NATIONAL, CENTRALIZED, CLOUD-BASED EXTENSIBLE PLATFORM, THAT PROVIDES LOCAL CONSTRUCTION OCCUPATIONAL OUTLOOK, CAREER PATHWAYS, JOB SEARCH, AND SCHOLARSHIPS AND EDUCATION/TRAINING PROGRAM SEARCH FOR YOUTH, CAREER CHANGERS, AND JOB SEEKERS. THROUGH THE EMPLOYER TALENT PIPELINE MANAGEMENT PORTAL, EMPLOYERS OF ALL SIZES ARE MATCHED WITH JOB SEEKERS AND STUDENTS, REDUCING RECRUITING COSTS AND INCREASING RETENTION. THIS CONSTRUCTION INDUSTRY-SERVING SITE AIMS TO BECOME THE INDUSTRY MARKETPLACE - A PLACE WHERE BUILDERS GO TO FIND QUALIFIED TRADECONTRACTORS; WHERE TRADE CONTRACTORS GO IN SEARCH OF PROJECT (WORK) OPPORTUNITIES, MATERIALS, AND WORKERS; AND WHERE TALENT GOES TO SEEK OUT EMPLOYMENT AND UPSKILLING OPPORTUNITIES. 608639 2712119 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 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 1 0 0 0 1 8 0 1 35 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 0 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC X BRANKA MINIC 3054917368 1455 PENNSYLVANIA AVENUE NW 400 WASHINGTON DC 20044 SHERYL PALMER CHAIRMAN 2.00 2.00 X X 0 0 0 DOUGLAS BAUER SECRETARY 2.00 2.00 X X 0 0 0 ALAN NORRIS TREASURER 2.00 2.00 X X 0 0 0 KENNETH GEAR ASSISTANT TREASURER 2.00 40.00 X X 0 1077210 0 PHIL THEODORE DIRECTOR 2.00 0.00 X 0 0 0 BRANKA MINIC CEO 50.00 0.00 X 400000 0 125975 400000 1077210 125975 1 0 1 0 FUTURES INC 624 HOLLY SPRINGS ROAD SUITE S-320 HOLLY SPRINGS NC 27540 IT SERVICES 348000 1 2263526 2263526 691 691 MISCELLANEOUS REVENUE 900099 8125 8125 8125 2272342 8125 0 691 400000 136000 132000 132000 1924866 1755716 52200 116950 74114 65204 4839 4071 163121 143091 8552 11478 2644 2644 59835 59835 5000 5000 56865 26646 27718 2501 68025 58210 8133 1682 28544 17804 8912 1828 405874 404428 998 448 122622 90932 31690 6645 4768 1877 2333 2333 2774 2774 BAD DEBT EXPENSE 402772 402772 DUES & SUBSCRIPTIONS 10911 9320 519 1072 FEES 260 18 242 3737205 2712119 714247 310839 543006 415685 2706621 1570911 55526 12296 2917 582 3308070 1999474 553283 709550 475629 475629 1028912 1185179 X 654720 -775705 1624438 1590000 2279158 814295 3308070 1999474 -1464863 0 X 0 1 X 0 0 X 5714308 2666303 2263526 10644137 5714308 2666303 2263526 10644137 6266962 4377175 51 145 691 887 25 8125 8150 10653174 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 25. 2023 AMOUNT: $ 8,125. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO AFFLIATE 475629 475629 X 2272342 0 2272342 0 2272342 3737205 0 3737205 0 3737205 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM PAYMENT OF TAXES ON INCOME OTHER THAN NET UNRELATED BUSINESS INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, THERE WAS NO UNRELATED BUSINESS INCOME AND, ACCORDINGLY, NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED. CONTRIBUTIONS TO THE FOUNDATION ARE DEDUCTIBLE AS PROVIDED IN THE IRC SECTION 170(B)(1)(A)(VI). MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION'S FINANCIAL STATEMENTS DO NOT INCLUDE ANY UNCERTAIN TAX POSITIONS. X X X 0 0 0 0 0 0 0 0 0 KENNETH GEAR ASSISTANT TREASURER 0 504163 0 573047 0 0 0 0 0 0 0 1077210 0 0 BRANKA MINIC CEO 400000 0 0 0 0 0 125000 0 975 0 525975 0 0 0 PART I, LINE 3 MARKET RESEARCH WAS COMPLETED BY THE EXECUTIVE SEARCH FIRM USING NON-PROFIT COMPENSATION DATA. A SALARY RANGE WAS PRESENTED AND DECIDED UPON BY THE LBA COMMITTEE AND A WRITTEN EMPLOYMENT CONTRACT WAS SIGNED. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE MEMBERS. LEADING BUILDERS OF AMERICA ("LBA") SHALL BE THE SOLE MEMBER OF THE CORPORATION. LBA MAY NOT BE REMOVED AS SOLE MEMBER, AND THERE SHALL NOT AT ANY TIME BE ANY ADDITIONAL MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER HAS THE FOLLOWING POWERS (A) APPROVE THE REPEAL, MODIFICATION, OR AMENDMENT OF THE CORPORATION'S ARTICLES OF INCORPORATION OR BYLAWS; (B) TO DETERMINE WHETHER THE CORPORATION SHALL MERGE OR CONSOLIDATE WITH ANY OTHER ENTITY, AND TO APPROVE ANY PLAN OF MERGER OR CONSOLIDATION OF THE CORPORATION; (C) TO DETERMINE WHETHER THE CORPORATION SHALL DISSOLVE, AND TO APPROVE ANY PLAN FOR THE DISSOLUTION OF THE CORPORATION; AND (D) TO APPROVE ANY SALE, LEASE, EXCHANGE, MORTGAGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY OR ASSETS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE PRESENTED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER, BOARD MEMBER AND KEY EMPLOYEE MUST ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND AGREES TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A COMPARABLE SALARY DATA AND MARKET RESEARCH WAS USED IN DETERMINING COMPENSATION FOR THE CEO. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. LEADING BUILDERS OF AMERICA 1455 PENNSYLVANIA AVE NW STE 400 WASHINGTON DC 20004 271284683 PRESERVE HOME AFFORDABILITY FOR AMERICAN FAMILIES DC 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0