Builders Of Color Coalition

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

EIN: 833689007 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Builders Of Color Coalition?

Builders of Color Coalition is a nonprofit organization based in Boston, Massachusetts. Established under Chapter 180 of Massachusetts General Laws, this charitable and educational organization primarily focuses on bringing together minority real estate professionals for educational and networking opportunities. They conduct various activities and programs that support these purposes, contributing to the growth and development of this sector. With a small team of two dedicated individuals, Builders of Color Coalition aims to foster a supportive environment and promote the advancement of minority professionals in the real estate field.


Official website here: www.buildersofcolor.com

Is Builders Of Color Coalition legitimate?

Builders Of Color Coalition is a legitimate nonprofit organization registered as a 501(c)(3) entity. Builders Of Color Coalition 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: $161,030
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.buildersofcolor.com

What is the mission statement of Builders Of Color Coalition?

The Builders of Color Coalition is established with charitable and educational purposes in mind. One of its primary objectives is to convene minority real estate professionals for educational and networking events. The organization also carries out various activities and programs in support of these objectives, following the guidelines set by Chapter 180 of Massachusetts General Laws. The Builders of Color Coalition serves to foster a community of minority real estate professionals, providing a platform for learning and networking.


Official website here: www.buildersofcolor.com

Who is the CEO of Builders Of Color Coalition?

Dave Madan is the Treasurer of Builders Of Color Coalition.


Official website here: www.buildersofcolor.com

What is the revenue of Builders Of Color Coalition?

Builders Of Color Coalition's revenue in 2022 was $472,765.


Official website here: www.buildersofcolor.com

Who are the executives of Builders Of Color Coalition and what are their salaries?

The average compensation at Builders Of Color Coalition during 2022 was $80,515. There are 2 employees and 2 volunteers at Builders Of Color Coalition.


Here are 12 key members and their salaries:


Dave Madan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taylor Pederson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Atakelti Desta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Saeed Coates (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Horne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darryl Settles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendin Carr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amarillys Rodriguez (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Lacey Griffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Morisset (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Fonseca (Executive Director)
  • Compensation: $92,308
  • Related: $0
  • Other: $0
Phalgun Sai Boddupalli (Program Administrator)
  • Compensation: $68,723
  • Related: $0
  • Other: $0


Official website here: www.buildersofcolor.com

Where can I find the form 990 for Builders Of Color Coalition?

Builders Of Color Coalition's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.buildersofcolor.com

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

Mission Statement of Builders Of Color Coalition

The Builders of Color Coalition is a nonprofit organization established with charitable and educational purposes in mind. Its primary mission is to convene minority real estate professionals for the purpose of education and networking. The coalition also engages in various activities and programs that support these objectives, as permitted by a corporation organized under Chapter 180 of Massachusetts General Laws. The Builders of Color Coalition aims to bring together professionals from diverse backgrounds in the real estate sector, providing a platform for learning, collaboration, and networking. Through these initiatives, the organization seeks to contribute to the growth and success of minority real estate professionals.

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Impact




July, 2024

Builders Of Color Coalition's impact is empowering minority real estate professionals through education, networking, and community improvement initiatives. By convening individuals from underrepresented backgrounds in the real estate industry, the organization helps them access educational resources, build valuable connections, and contribute to the betterment of their communities. Through its charitable and educational missions, Builders Of Color Coalition is fostering diversity and inclusivity in the real estate sector while making a positive difference in local neighborhoods.




This information is meant to be a general summary of Builders Of Color Coalition. 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
$472,765 (2022)
Expenses
$317,138 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $47,978
  • Gross Receipts: $489,077

Assets and Liabilities:

  • Total Assets: $344,475
  • Total Liabilities: $0
  • Net Assets: $344,475

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Programs

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

PROGRAM SERVICE REVENU

Revenue

$47,978

Organization Details

Founding Year

2019

Principal Officer

Dave Madan

Main Address

PO BOX 990575, BOSTON, MA, 02199

NTEE Category

Code: S01 - Community improvement

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