2024-11-19T11:41:27-08:00 2024-06-30 461798163 Select ARC LLC 20 Park Vista Ct Silver Spring MD 20906 990 2023-07-01 980575195 BUILDING MARKETS LTD BUIL 2127850400 195 Montague Street Brooklyn NY 11201 Frank H McNutt COO 2127850400 2024-11-19 true true Vivian P Jenkins P01682838 3017414440 2024-11-19 X 2023 2024-10-15 13:58:12Z Frank H McNutt 39 BROADWAY New York NY 10006 5148763 false X www.buildingmarkets.org X 2008 NY 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. 11 11 10 0 0 0 4094608 5067141 0 11371 10738 2147 70884 4108126 5148763 170897 535256 0 2302727 2599798 0 27464 1630942 1337626 4104566 4472680 3560 676083 2032767 2022607 1721951 406761 310816 1615846 Building Markets unleashes the transformational power of small businesses to address pressing social challenges by driving job creation and inclusive growth. Founded in 2004, the organization finds, builds, and connects competitive local Small and Medium-Sized Enterprises (SMEs) to supply chains and investment. Using this data-driven model, 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, Jordan, Myanmar, Afghanistan, Liberia, and Haiti. false false 2377855 1962204 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. 177436 66410 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 Myamnars team helped increase the collection rate of PTEs by 18.6% amongst SMEs with whom we work. 660899 368006 0 Building Markets works with SMEs that are owned or employ Venezuelan refugeesin Colombia. We work with these small businesses to strengthen their service offerings and connect them to new market opportunities. 3216190 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 7 0 10 true false true CO TU BM false false false false false false false false X 11 11 false false false false false false false true true false true true true true true true true true true false false NY X X Shaniqwa Chapman 2127850400 195 Montague St Fl 14 Brooklyn NY 11201 Radha Rajkotia Chief Executive Officer 40.00 X X 252000 0 5040 Frank Hamilton Mcnutt Chief Operating Officer 40.00 X 170000 0 9400 Ben Cushman Director 1.00 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 Annie Duflo Director 1.00 X 0 0 0 Kathrin Frauscher Director 1.00 X 0 0 0 422000 0 14440 2 false true false 2804323 2262818 5067141 10738 0 10738 70378 70378 70378 70378 506 0 0 506 506 5148763 70378 0 11244 535256 535256 859661 294816 544485 20360 1176375 945757 230618 0 20513 0 20307 206 156984 135319 20186 1479 386265 285146 97167 3952 31729 22685 9044 0 57934 18934 39000 0 634654 594813 39841 0 35012 33165 1847 0 46715 20581 24966 1168 192016 94257 97759 0 89005 75367 13638 0 23181 8974 14207 0 4046 0 4046 0 6730 0 6730 0 Program supplies and other expenses 216604 141778 74527 299 Project Overhead Allocation Expense 0 9342 -9342 0 4472680 3216190 1229026 27464 525541 124772 1106577 1536216 113094 980 41222 39740 17580 15150 4627 2430 353820 206355 2032767 2022607 163801 143724 1197905 360245 263037 1721951 406761 X 310816 94196 1521650 310816 1615846 2032767 2022607 X 676083 701709 -72762 X false true X true true true X 0 3254839 3186060 3629304 4094608 5067141 19231952 0 0 3254839 3186060 3629304 4094608 5067141 19231952 0 19231952 284 227 150 11371 12032 74 2449 2523 0 19246507 1835385 0.99920 0.90470 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 14200 11770 2430 3380 3380 0 2430 RIGHT OF USE ASSET 206355 206355 Operating lease liability 263037 263037 X 5271791 123028 123028 5148763 5148763 4668467 123028 72760 195788 4472679 1 1 4472680 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 XII, Line 4b Rounding error true East Asia and Pacific 1 11 PROGRAM SERVICES Small and Medium Enterprise support 205074 Europe 1 27 PROGRAM SERVICES Small and Medium Enterprise support 3112754 South America 1 10 PROGRAM SERVICES Small and Medium Enterprise support 770695 3 48 3 48 4088523 4088523 Europe to support the devel 6555 Milestone Schedule Europe to support the devel 13737 Milestone Schedule Europe to support the devel 10636 Milestone Schedule Europe to support the devel 385884 Milestone Schedule Europe to expand its servic 45939 Milestone Schedule Europe deliver meals prepar 72504 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 BMs 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. false false false false false false false false false Radha Rajkotia 252000 0 0 0 0 0 5040 0 0 0 257040 0 0 0 Frank Hamilton Mcnutt 170000 0 0 0 0 0 3400 0 6000 0 179400 0 0 0 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 Consultants 33146. 33146. Form 990, Part IX, Line 11g Contractual Services 581955. 581955. Form 990, Part IX, Line 11g Professional Development 6793. 2036. 4757. Form 990, Part IX, Line 11g Other Professional Fees 12760. 10822. 1938.