Builders Exchange Inc

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

EIN: 540154950 ✦ Henrico, VA ✦ Designated as a 501(c)(6)

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Overview

What is Builders Exchange Inc?

Builders Exchange Inc, based in Henrico, Virginia, is a nonprofit organization primarily dedicated to serving the construction industry. It offers copier services to contractors and subcontractors, facilitating the copying of blueprints for construction sites and buildings. The organization's core mission is to keep its 500+ member firms informed about new developments in Virginia's construction sector. This is achieved through the publication of a weekly bulletin, which lists upcoming public bidding activities in various sectors, such as commercial, industrial, and institutional. The organization also provides its members with plans, specifications, and related materials for these projects. With a small team of three employees, Builders Exchange Inc plays a crucial role in connecting key players within Virginia's construction industry.


Official website here: www.bxava.com

Is Builders Exchange Inc legitimate?

Builders Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Builders Exchange Inc 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.bxava.com

What is the mission statement of Builders Exchange Inc?

Builders Exchange Inc's mission is centered around serving its over 500 member firms. The organization aims to keep them updated on new developments in the construction industry within Virginia. This is achieved through the publication of a weekly bulletin that lists construction projects with comprehensive details, including those in the private, state, local, VDOT, and federal sectors. Beyond this, Builders Exchange Inc also provides its members with the plans and specifications of these projects, along with additional reference materials, thereby offering a comprehensive resource for the construction industry in Virginia.


Official website here: www.bxava.com

Who is the CEO of Builders Exchange Inc?

Adam Foege is the Treasurer of Builders Exchange Inc.


Official website here: www.bxava.com

What is the revenue of Builders Exchange Inc?

Builders Exchange Inc's revenue in 2022 was $628,232.


Official website here: www.bxava.com

Who are the executives of Builders Exchange Inc and what are their salaries?

There are 3 employees at Builders Exchange Inc.


There is 1 key member and their salary:


Adam Foege (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bxava.com

Where can I find the form 990 for Builders Exchange Inc?

Builders Exchange Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bxava.com

Learn more at the official website: www.bxava.com

Mission Statement of Builders Exchange Inc

Builders Exchange Inc, a prominent organization in the field, is dedicated to serving its 500+ member firms by providing them with timely updates on new developments in Virginia's construction industry. This is accomplished through the publication of a weekly bulletin, which meticulously lists construction projects across various sectors such as commercial, industrial, and institutional public bidding activities. The bulletin includes detailed information about these projects, catering to private, state, local, VDOT, and federal sectors.

In addition to this, Builders Exchange Inc goes beyond just providing news by offering its members access to the plans and specifications of these projects. This comprehensive service ensures that its members are well-equipped with all the necessary information, enabling them to make informed decisions and participate effectively in bid opportunities. Furthermore, the organization provides its members with additional reference materials related to these projects, enhancing their understanding and improving their overall performance in the construction industry.

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Impact




October, 2024

Builders Exchange Inc significantly influences Virginia's construction industry by serving over 500 member firms with crucial information and resources. It publishes a weekly bulletin that details new developments and construction projects available for bidding across multiple sectors, including commercial, industrial, and institutional. This service ensures that contractors and subcontractors stay informed about opportunities, enhancing their ability to compete and thrive in a dynamic market.

Additionally, Builders Exchange Inc provides essential copying services for blueprints, allowing members to access and disseminate project specifications efficiently. By facilitating communication and collaboration within the construction community, Builders Exchange Inc fosters an environment where members can optimize their operations, ensuring that they are well-equipped to meet the demands of various construction projects throughout Virginia.




This information is meant to be a general summary of Builders Exchange Inc. 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
$628,232 (2022)
Expenses
$143,512 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $594,962
  • Program Service Revenue: $56
  • Gross Receipts: $772,271

Assets and Liabilities:

  • Total Assets: $641,293
  • Total Liabilities: $0
  • Net Assets: $641,293

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Copier Service

Revenue

$56

Organization Details

Founding Year

1919

Principal Officer

Adam Foege

Main Address

5608 Greendale Rd, Henrico, VA, 23228

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