Builders and Contractors Exchange Incorporated EIN 54-0154940 Form 990 (PDF) Claim this org

Builders and Contractors Exchange Incorporated

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Offers industry services and information to builders and construction professionals. For fiscal year 2025 it reported $828K in revenue, $662K in expenses, and $1.3M in net assets.Pt I

Founded
1908
Type
Business league / trade association · Nonprofit
Location
Norfolk, VA
Website
www.bceva.com
Filings
6 on file (2020–2025)
Revenue
$828KFY2025
Expenses
$662K
Net assets
$1.3M
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  54-0154940 Business league / trade association Norfolk, VA Founded 1908
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers industry services and information to builders and construction professionals.
Leadership
Paul Haveles · Executive Di · $86K
Money in and out
$828K revenue, $662K expenses
Bottom line
+20% operating surplus
Membership & operating revenue · FY2025
Total revenue
$828K
Pt VIII · Ln 12
Total expenses
$662K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $166K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.25 Fundraising $0.01
Operating surplus
+20%
revenue over expenses▲ +308% vs prior filing year
Earned revenue
85%
of revenue from program services & dues▲ ×65 vs prior filing year
Payroll share
59%
of spending is salaries & benefits▼ -24% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$828K
FY2025▲ +54%
Expenses
$662K
FY2025▲ +29%
Total assets
$1.3M
FY2025▲ +15%
Total liabilities
$0
FY2025
Total revenue
$828K
Pt VIII · Ln 12
Total expenses
$662K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$166K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBuilders and Contractors Exchange Incorporated
EINHdr · item D54-0154940
Principal addressHdr · item CNorfolk, VA
WebsiteHdr · item Jwww.bceva.com
Year of formationHdr · item L1908
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJul 1931

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$86,192Pt VII · Sec A
Board Member
$0Pt VII · Sec A
1st Vice Pre
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
2nd Vice Pre
$0Pt VII · Sec A
3rd Vice Pre
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Paul Haveles$86,192$86,192$92,423$95,846$95,000$95,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2025.
01

Member Services

To improve business conditions, cooperation and goodwill in the construction industry in virginia, and to enhance the human, intellectual and physical assets of the construction industry in virginia through advocacy, education, research, standards and information.

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue$706K · 85%
Investment income$101K · 12%
Other revenue$21K · 3%
Program service revenue85%$706K
Investment income12%$101K
Other revenue3%$21K
Contributions & grants$1K
Total revenueLn 12$828K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.25 Fundraising $0.01
Program services73%$486K
Management & general25%$169K
Fundraising1%$7K
Total functional expensesLn 25$662K

Balance Sheet

Part X · end of year
CashLn 1$389K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.3M
Months of cash on handcomputed7.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $967K · Operating expenses/yr $662K
17.5 months
Where the money goes
Program services
Program services $486K · Total expenses $662K
73%
Management & General
Management & general $169K · Total expenses $662K
25%
Fundraising
Fundraising $7K · Total expenses $662K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $322K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1K · Total revenue $828K
0.1%
Government reliance
Government grants — · Total revenue $828K
Earned-income share
Program service revenue $706K · Total revenue $828K
85%
Investment reliance
Investment income $101K · Total revenue $828K
+12%
Program self-sufficiency
Program service revenue $706K · Total expenses $662K
107%
Growth & trend
Revenue growth (YoY)
This year $828K · Prior year $538K
+54%
Revenue CAGR
FY2020 $591K · FY2025 $828K
+7%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $828K · Expenses $662K
+20%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $1.3M · Total assets $1.3M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $577K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.3M
46%
People & payroll
Highest Reported Total Compensation
Individual Paul Haveles · Reported title EXECUTIVE DI · Highest reported compensation $86K · Total expenses $662K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $389K · Total expenses $662K
59%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 25%
Fundraising cost ratio 599%
Revenue growth 54%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $16K · 2020–2025
Unitemized GrantFY2025$10,000
Unitemized GrantFY2020$6,500

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$828K revenue · viewing · ⤓ 990 PDF
FY2024$538K revenue · ⤓ 990 PDF
FY2023$498K revenue · ⤓ 990 PDF
FY2022$404K revenue · ⤓ 990 PDF
FY2021$521K revenue · ⤓ 990 PDF
FY2020$591K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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