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Builders Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 470844890 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

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Overview

What is Builders Foundation?

The Builders Foundation is a benevolent organization with a charitable and educational mission situated in Omaha, Nebraska. They primarily focus on encouraging young individuals to venture into the construction industry by offering educational resources, practical training, and hands-on experiences. Their primary activity involves sponsoring high school students enrolled in construction courses at a local community college and granting scholarships to those pursuing degrees in the field. This nonprofit organization aims to foster growth and development in the construction sector by nurturing the future generation of skilled professionals.


Official website here: www.thebuilderfoundation.org

Is Builders Foundation legitimate?

Builders Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Builders Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.thebuilderfoundation.org

What is the mission statement of Builders Foundation?

The Builders Foundation serves as a charitable and educational organization, actively encouraging young individuals to pursue careers in the construction trade. They accomplish this by offering education, training, and practical experience. The foundation sponsors high school students in local community college construction courses and provides scholarships to those seeking degrees in the construction industry. The primary goal of the Builders Foundation is to foster a new generation of skilled workers in the construction sector.


Official website here: www.thebuilderfoundation.org

Who is the CEO of Builders Foundation?

Ken Sorensen is the President of Builders Foundation.


Official website here: www.thebuilderfoundation.org

What is the revenue of Builders Foundation?

Builders Foundation's revenue in 2023 was $137,358.


Official website here: www.thebuilderfoundation.org

Who are the executives of Builders Foundation and what are their salaries?


Here are 12 key members and their salaries:


Ken Sorensen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Hartman (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Grace (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Stalnaker (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denny Van Moorleghem (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Westergard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Hansen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Rieker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Riedmann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maline Staben (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Christensen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Bowder (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thebuilderfoundation.org

Where can I find the form 990 for Builders Foundation?

Builders Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.thebuilderfoundation.org

Learn more at the official website: www.thebuilderfoundation.org

Mission Statement of Builders Foundation

The Builders Foundation, a charitable and educational organization, is committed to inspiring young individuals to embark on a career in the construction trade. It achieves this goal by offering education, training, and hands-on experience. The organization's mission is to encourage and support these young aspirants, providing them with the necessary tools to succeed in the construction industry.

To accomplish this, the Builders Foundation sponsors high school students to enroll in construction courses at a local community college. Additionally, it grants scholarships to those who are pursuing degrees in the construction field. By offering these opportunities, the organization aims to foster a new generation of skilled and motivated construction professionals.

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Impact




October, 2024

Builders Foundation significantly impacts the community by encouraging young individuals to enter the construction trade. By providing valuable educational resources, training, and practical experience, it helps students gain the skills necessary for success in the industry. The foundation sponsors high school students at a local community college, funding their construction courses and offering scholarships to those pursuing degrees in construction-related fields. This initiative not only equips students with critical skills but also contributes to the development of a skilled workforce, ultimately benefiting the local economy and fostering community improvement in Omaha, NE.




This information is meant to be a general summary of Builders Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$137,358 (2023)
Expenses
$180,721 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $146,639

Assets and Liabilities:

  • Total Assets: $950,293
  • Total Liabilities: $1,970
  • Net Assets: $948,323

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Organization Details

Founding Year

2001

Principal Officer

Ken Sorensen

Main Address

17445 ARBOR STREET 200, OMAHA, NE, 68130

NTEE Category

Code: S99 - Community improvement

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