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Builders Exchange Of Louisville Incorporated

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$1.62M (2023)

Expenses
$1.52M (2023)

Total Assets
$8.29M (2023)

Total Liabilities
$654k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,615,467
Expenses
$1,524,349
Net Income
$91,118
Net Assets
$7,635,292
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,122,017
69.5%
Investment Income $119,095
7.4%
Bond Proceeds $0
Royalties $174,267
10.8%
Rental Property Income $46,050
2.9%
Net Fundraising $7,243
0.4%
Sales of Assets $62,261
3.9%
Net Inventory Sales $0
Other Revenue $84,534
5.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $157,046
10.3%
Professional Fundraising Fees $0
Other Salaries and Wages $624,421
41.0%
Assets/Debt
Total Assets $8,289,161
Total Liabilities $653,869
Net Assets $7,635,292
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lynn Stetson (Chief Executive Officer) $145,404 $0 $11,642
Jeff Murphy (Immediate Past President) $0 $0 $0
Terri Albert (Treasurer) $0 $0 $0
John Schnurr (Director) $0 $0 $0
Todd Pottlitzer (President) $0 $0 $0
Ed Coy (Director) $0 $0 $0
Patrick Murphy (Director) $0 $0 $0
James Strange (Director) $0 $0 $0
Ryan Dodson (1st Vp) $0 $0 $0
Chelsea Ellis Hogan (Director) $0 $0 $0
Jack Resinger (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,526,231
Expenses
$1,439,765
Net Income
$86,466
Net Assets
$6,698,205
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,196,398
78.4%
Investment Income $93,713
6.1%
Bond Proceeds $0
Royalties $149,086
9.8%
Rental Property Income $51,978
3.4%
Net Fundraising $594
0.0%
Sales of Assets -$24,096
Net Inventory Sales $0
Other Revenue $58,558
3.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $157,588
10.9%
Professional Fundraising Fees $0
Other Salaries and Wages $579,162
40.2%
Assets/Debt
Total Assets $7,400,370
Total Liabilities $702,165
Net Assets $6,698,205
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lynn Stetson (Chief Executive Officer) $145,036 $0 $12,552
Jeff Murphy (President) $0 $0 $0
Terri Albert (1st Vp) $0 $0 $0
John Schnurr (Immediate Past President) $0 $0 $0
Todd Pottlitzer (Treasurer) $0 $0 $0
Ed Coy (Director) $0 $0 $0
Pat Murphy (Director) $0 $0 $0
James Strange (Director) $0 $0 $0
Salem Griffin Johnson (Director) $0 $0 $0
Ryan Dodson (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,094,032
Expenses
$1,426,079
Net Income
$667,953
Net Assets
$7,865,416
Notable Sources of Revenue Percent of Total Revenue
Contributions $162,300
7.8%
Program Services $1,215,445
58.0%
Investment Income $80,411
3.8%
Bond Proceeds $0
Royalties $157,479
7.5%
Rental Property Income $53,375
2.5%
Net Fundraising -$4,108
Sales of Assets $385,249
18.4%
Net Inventory Sales $0
Other Revenue $43,881
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $156,747
11.0%
Professional Fundraising Fees $0
Other Salaries and Wages $557,292
39.1%
Assets/Debt
Total Assets $8,589,431
Total Liabilities $724,015
Net Assets $7,865,416
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lynn Stetson (Chief Executive Officer) $143,993 $0 $12,754
Jeff Murphy (President) $500 $0 $0
Terri Albert (1st Vp) $500 $0 $0
John Schnurr (Immediate Past President) $500 $0 $0
Todd Pottlitzer (Treasurer) $500 $0 $0
Ed Coy (Director) $500 $0 $0
Pat Murphy (Director) $500 $0 $0
James Strange Iii (Director) $500 $0 $0
Anna Tatman (Director) $500 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,541,435
Expenses
$1,389,355
Net Income
$152,080
Net Assets
$6,547,328
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,239,545
80.4%
Investment Income $64,342
4.2%
Bond Proceeds $0
Royalties $152,320
9.9%
Rental Property Income $50,350
3.3%
Net Fundraising -$5,318
Sales of Assets -$19,033
Net Inventory Sales $0
Other Revenue $59,229
3.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $140,920
10.1%
Professional Fundraising Fees $0
Other Salaries and Wages $569,027
41.0%
Assets/Debt
Total Assets $7,468,169
Total Liabilities $920,841
Net Assets $6,547,328
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lynn Stetson (Executive Vp) $140,920 $0 $10,499
Mike Steilberg (President) $0 $0 $0
Pat Murphy (Director) $0 $0 $0
Todd Pottlitzer (1st Vp) $0 $0 $0
Ed Coy (Director) $0 $0 $0
Anna Tatman (Director) $0 $0 $0
Jeff Murphy (Treasurer) $0 $0 $0
Sam Tommie (Director) $0 $0 $0
James Strange Iii (Director) $0 $0 $0
Josh Steinrock (Director) $0 $0 $0
Terri Albert (2nd Vp) $0 $0 $0
John Schnurr (Immediate Past President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,606,169
Expenses
$1,437,340
Net Income
$168,829
Net Assets
$5,610,429
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,270,796
79.1%
Investment Income $63,028
3.9%
Bond Proceeds $0
Royalties $159,206
9.9%
Rental Property Income $59,272
3.7%
Net Fundraising -$1,712
Sales of Assets -$46,529
Net Inventory Sales $0
Other Revenue $102,108
6.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $134,341
9.3%
Professional Fundraising Fees $0
Other Salaries and Wages $587,768
40.9%
Assets/Debt
Total Assets $6,373,516
Total Liabilities $763,087
Net Assets $5,610,429
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lynn Stetson (Executive Vp) $134,341 $0 $10,296
Mike Steilberg (President) $0 $0 $0
Pat Murphy (Director) $0 $0 $0
Todd Pottlitzer (1st Vp) $0 $0 $0
Ed Coy (Director) $0 $0 $0
Anna Tatman (Director) $0 $0 $0
Jeff Murphy (Treasurer) $0 $0 $0
Sam Tommie (Director) $0 $0 $0
James Strange Iii (Director) $0 $0 $0
Josh Steinrock (Director) $0 $0 $0
Terri Albert (2nd Vp) $0 $0 $0
John Schnurr (Immediate Past President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,773,552
Expenses
$1,476,564
Net Income
$296,988
Net Assets
$4,667,452
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,284,027
72.4%
Investment Income $150,767
8.5%
Bond Proceeds $0
Royalties $177,666
10.0%
Rental Property Income $56,472
3.2%
Net Fundraising $4,126
0.2%
Sales of Assets $43,800
2.5%
Net Inventory Sales $0
Other Revenue $56,694
3.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $129,859
8.8%
Professional Fundraising Fees $0
Other Salaries and Wages $631,016
42.7%
Assets/Debt
Total Assets $5,648,154
Total Liabilities $980,702
Net Assets $4,667,452
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lynn Stetson (Executive Vp) $129,859 $0 $8,600
John Schnurr (Immediate Past President) $0 $0 $0
Mike Steilberg (President) $0 $0 $0
Pat Murphy (Director) $0 $0 $0
Todd Pottlitzer (1st Vp) $0 $0 $0
Ed Coy (Director) $0 $0 $0
Anna Tatman (Director) $0 $0 $0
Jeff Murphy (Treasurer) $0 $0 $0
Sam Tommie (Director) $0 $0 $0
James Strange Iii (Director) $0 $0 $0
Josh Steinrock (Director) $0 $0 $0
Terri Albert (2nd Vp) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,681,280
Expenses
$1,453,501
Net Income
$227,779
Net Assets
$4,795,278
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,299,230
77.3%
Investment Income $91,001
5.4%
Bond Proceeds $0
Royalties $179,013
10.6%
Rental Property Income $40,507
2.4%
Net Fundraising -$382
Sales of Assets $11,316
0.7%
Net Inventory Sales $0
Other Revenue $60,595
3.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $135,979
9.4%
Professional Fundraising Fees $0
Other Salaries and Wages $589,188
40.5%
Assets/Debt
Total Assets $5,822,667
Total Liabilities $1,027,389
Net Assets $4,795,278
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lynn Stetson (Executive Vp) $126,479 $0 $9,500
John Schnurr (President) $0 $0 $0
Mike Steilberg (Treasurer) $0 $0 $0
Pat Murphy (Director) $0 $0 $0
Roger Pottlitzer (Director) $0 $0 $0
Ed Coy (Director) $0 $0 $0
Anna Tatman (Director) $0 $0 $0
Jeff Murphy (1st Vp) $0 $0 $0
Sam Tommie (Director) $0 $0 $0
James Strange Iii (Immediate Past President) $0 $0 $0
Jack Resinger (Director) $0 $0 $0
Josh Steinrock (Director) $0 $0 $0
Terri Albert (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,675,710
Expenses
$1,498,644
Net Income
$177,066
Net Assets
$4,340,519
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,265,555
75.5%
Investment Income $109,128
6.5%
Bond Proceeds $0
Royalties $179,940
10.7%
Rental Property Income $96,682
5.8%
Net Fundraising -$11,318
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $35,723
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $147,366
9.8%
Professional Fundraising Fees $0
Other Salaries and Wages $561,973
37.5%
Assets/Debt
Total Assets $5,327,990
Total Liabilities $987,471
Net Assets $4,340,519
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lynn Stetson (Executive Vp) $128,844 $0 $18,522
John Schnurr (President) $0 $0 $0
Mike Steilberg (Treasurer) $0 $0 $0
Pat Murphy (Director) $0 $0 $0
Roger Pottlitzer (Director) $0 $0 $0
Ed Coy (Director) $0 $0 $0
Anna Tatman (Director) $0 $0 $0
Jeff Murphy (1st Vp) $0 $0 $0
Sam Tommie (Director) $0 $0 $0
James Strange Iii (Immediate Past President) $0 $0 $0
Jack Resinger (Director) $0 $0 $0
Josh Steinrock (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,779,750
Expenses
$1,585,689
Net Income
$194,061
Net Assets
$4,167,977
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,327,972
74.6%
Investment Income $138,359
7.8%
Bond Proceeds $0
Royalties $176,702
9.9%
Rental Property Income $111,007
6.2%
Net Fundraising -$18,374
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $44,084
2.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $147,937
9.3%
Professional Fundraising Fees $0
Other Salaries and Wages $581,463
36.7%
Assets/Debt
Total Assets $5,177,757
Total Liabilities $1,009,780
Net Assets $4,167,977
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lynn Stetson (Executive Vp) $127,917 $0 $20,020
John Schnurr (1st Vp) $0 $0 $0
Mike Steilberg (2nd Vp) $0 $0 $0
Pat Murphy (Director) $0 $0 $0
Roger Pottlitzer (Director) $0 $0 $0
Ed Coy (Director) $0 $0 $0
Anna Tatman (Director) $0 $0 $0
Jef Murphy (Director) $0 $0 $0
Sam Tommie (Immediate Past President) $0 $0 $0
James Strange Iii (President) $0 $0 $0
Jack Resinger (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,752,794
Expenses
$1,585,848
Net Income
$166,946
Net Assets
$4,194,663
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,306,547
74.5%
Investment Income $125,969
7.2%
Bond Proceeds $0
Royalties $161,535
9.2%
Rental Property Income $121,907
7.0%
Net Fundraising -$5,357
Sales of Assets -$530
Net Inventory Sales $0
Other Revenue $42,723
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $124,111
7.8%
Professional Fundraising Fees $0
Other Salaries and Wages $606,556
38.2%
Assets/Debt
Total Assets $5,219,329
Total Liabilities $1,024,666
Net Assets $4,194,663
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lynn Stetson (Executive Vp) $118,583 $0 $5,528
Sam Tommie (President) $0 $0 $0
James Strange Iii (1st Vp) $0 $0 $0
Jack Resinger (2nd Vp) $0 $0 $0
Pat Murphy (Immediate Past President) $0 $0 $0
Larry Fisher (Director) $0 $0 $0
Ben Norris (Director) $0 $0 $0
Roger Pottlitzer (Director) $0 $0 $0
Ed Coy (Director) $0 $0 $0
Mike Steilberg (Director) $0 $0 $0
Anna Tatman (Director) $0 $0 $0
John Schnurr (Director) $0 $0 $0
Jack Zehnder (Director Emeritus) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,733,610
Expenses
$1,412,404
Net Income
$321,206
Net Assets
$4,122,778
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,320,888
76.2%
Investment Income $78,872
4.5%
Bond Proceeds $0
Royalties $171,860
9.9%
Rental Property Income $107,815
6.2%
Net Fundraising -$11,520
Sales of Assets $19,847
1.1%
Net Inventory Sales $0
Other Revenue $45,848
2.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $117,928
8.3%
Professional Fundraising Fees $0
Other Salaries and Wages $534,607
37.9%
Assets/Debt
Total Assets $5,188,791
Total Liabilities $1,066,013
Net Assets $4,122,778
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
John Cary (Executive Vp) $84,443 $0 $14,582
Mike Harpring (Director) $19,903 $0 $0
Sam Tommie (President) $0 $0 $0
James Strange Iii (1st Vp) $0 $0 $0
Jack Resinger (2nd Vp) $0 $0 $0
Eugene Brewer (Director) $0 $0 $0
Paul Clements (Director) $0 $0 $0
Larry Fisher (Director) $0 $0 $0
Ben Norris (Director) $0 $0 $0
Roger Pottlitzer (Director) $0 $0 $0
Ed Coy (Director) $0 $0 $0
Mike Steilberg (Director) $0 $0 $0
Anna Tatman (Director) $0 $0 $0
John Schnurr (Director) $0 $0 $0
Jack Zehnder (Director Emeritus) $0 $0 $0
Pat Murphy (Immediate Past President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,693,397
Expenses
$1,397,292
Net Income
$296,105
Net Assets
$3,677,838
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,364,480
80.6%
Investment Income $38,190
2.3%
Bond Proceeds $0
Royalties $167,427
9.9%
Rental Property Income $117,140
6.9%
Net Fundraising -$8,887
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,047
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $141,750
10.1%
Professional Fundraising Fees $0
Other Salaries and Wages $519,229
37.2%
Assets/Debt
Total Assets $4,684,984
Total Liabilities $1,007,146
Net Assets $3,677,838

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,655,948
Expenses
$1,595,732
Net Income
$60,216
Net Assets
$3,337,091
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,382,749
83.5%
Investment Income $49,260
3.0%
Bond Proceeds $0
Royalties $82,617
5.0%
Rental Property Income $119,206
7.2%
Net Fundraising $5,633
0.3%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $16,483
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $208,697
13.1%
Professional Fundraising Fees $0
Other Salaries and Wages $551,471
34.6%
Assets/Debt
Total Assets $4,368,911
Total Liabilities $1,031,820
Net Assets $3,337,091

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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