2024-11-06T15:00:27-06:00 2023-12-31 341310124 REA & ASSOCIATES INC 905 ZANE STREET 2ND FLOOR ZANESVILLE OH 43701 990 2023-01-01 311298911 BUILDING INDUSTRY ASSOCIATION OF CENTRAL OHIO FOUNDATION INC BUIL 6144958927 445 HUTCHINSON AVE SUITE 280 COLUMBUS OH 43235 JON MELCHI EXECUTIVE DIRECTOR 6148910575 2024-11-06 1 1 M KATHERINE BROWN CPA P01439473 7404542461 2023 2024-10-15 13:58:12Z JON MELCHI 445 HUTCHINSON AVE SUITE 280 COLUMBUS OH 43235 20422 0 X N/A X 1990 OH TO CONTRIBUTE MONEY TO CHARITABLE ORGANIZATIONS THAT RELATE TO THE HOUSING INDUSTRY. 19 19 0 100 0 0 0 0 0 0 -22511 18843 55000 0 32489 18843 30000 0 0 0 0 0 0 0 2115 76800 57115 106800 57115 -74311 -38272 881772 984740 0 55000 881772 929740 TO CONTRIBUTE MONEY TO CHARITABLE ORGANIZATIONS THAT RELATE TO THE HOUSING INDUSTRY. 0 0 TO CONTRIBUTE MONEY TO CHARITABLE ORGANIZATIONS THAT RELATE TO THE COMMUNITY AND BUILDING INDUSTRY. 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 OH X JON MELCHI 6148910575 445 HUTCHINSON AVE SUITE 280 COLUMBUS OH 43235 JACK GRAF PRESIDENT 1.00 X X 0 0 0 JANE ARTHUR ROSLOVIC TRUSTEE 1.00 X 0 0 0 JOSH BARKAN TRUSTEE 1.00 X 0 0 0 MIKE REEVES TRUSTEE 1.00 X 0 0 0 JOE THOMAS TRUSTEE 1.00 X 0 0 0 TROY FITZ TREASURER 1.00 X 0 0 0 BOB YOKHAM TRUSTEE 1.00 X 0 0 0 JIM HILZ TRUSTEE 1.00 X 0 0 0 ANN MISIOLEK TRUSTEE 1.00 X 0 0 0 NANETTE OVERLY TRUSTEE 1.00 X 0 0 0 BRUCE H BURKHOLDER TRUSTEE 1.00 X X 0 0 0 JACK R GRAFF JR TRUSTEE 1.00 X 0 0 0 CHERYL GROSSMAN TRUSTEE 1.00 X 0 0 0 DOUG HOUSE TRUSTEE 1.00 X 0 0 0 MICHAEL BENNER TRUSTEE 1.00 X 0 0 0 KENNETH CAMPBELL TRUSTEE 1.00 X 0 0 0 JOHN W KESSLER TRUSTEE 1.00 X 0 0 0 DANIEL M O'BRIEN TRUSTEE 1.00 X 0 0 0 CHARLES J RUMA TRUSTEE 1.00 X 0 0 0 JONATHAN MELCHI EXECUTIVE DIRECTOR 5.00 40.00 X 0 172500 16606 0 172500 16606 0 0 1 0 0 20422 20422 1579 -1579 -1579 -1579 18843 0 0 18843 MISC 57115 0 55000 2115 57115 0 55000 2115 72928 5470 808844 979270 881772 984740 0 55000 0 55000 X 881772 929740 881772 929740 881772 984740 -38272 92014 -5774 0 X X 1 X 1 X 0 0 X 35307 11307 4869 51483 78400 830 4000 83230 113707 12137 8869 134713 0 0 0 134713 12163 35175 22183 20673 20422 110616 12163 35175 22183 20673 20422 110616 125870 47312 31052 20673 20422 245329 0.54910 0.62210 0.45090 0.31610 X 0 X PART V, LINE 4: THE BUILDING INDUSTRY ASSOCIATION OF CENTRAL OHIO FOUNDATION, INC HAS ONE TEMPORARILY RESTRICTED NET ASSET FUND. THIS FUND IS A SCHOLARSHIP FUND THAT IS DESIGNATED TO BE USED TO PROVIDE SCHOLARSHIPS TO STUDENTS WHO ARE STUDYING IN A FIELD RELATED TO THE BUILDING INDUSTRY. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE THE FOUNDATION TO EVALUATE THE LEVEL OF UNCERTAINTY RELATED TO WHETHER TAX POSITIONS TAKEN WILL BE SUSTAINED UPON EXAMINATION. ANY POSITIONS TAKEN THAT DO NOT MEET THE MORE-LIKELY-THAN-NOT THRESHOLD MUST BE QUANTIFIED AND RECORDED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. MANAGEMENT BELIEVES THAT NONE OF THE TAX POSITIONS TAKEN WOULD MATERIALLY IMPACT THE FINANCIAL STATEMENTS AND NO SUCH LIABILITIES HAVE BEEN RECORDED 1 PART I, LINE 2: ALL ORGANIZATIONS RECEIVING GRANTS FROM THE BUILDING INDUSTRY ASSOCIATION OF CENTRAL OHIO FOUNDATION ARE 501(C)(3) ORGANIZATIONS THAT USE THE GRANTS TO FUND ACTIVITIES IN PURSUIT OF THEIR TAX EXEMPT PURPOSE. THE BUILDING INDUSTRY ASSOCIATION OF CENTRAL OHIO FOUNDATION MONITORS THE USE OF THE GRANT FUNDS TO INDIVIDUALS IN THE U.S. BY REQUIRING THE INDIVIDUALS TO GO THROUGH AN APPLICATION PROCESS IN WHICH THE INDIVIDUAL PROVIDES INFORMATION ON THEMSELVES AND THEIR FIELD OF STUDY. THE BOARD OF DIRECTORS FOR THE BUILDING INDUSTRY ASSOCIATION OF CENTRAL OHIO FOUNDATION THEN GOES THROUGH THE APPLICATIONS TO DETERMINE WHO WILL RECEIVE THE SCHOLARSHIPS. THE SCHOLARSHIP MONEY IS THEN PROVIDED TO THE INDIVIDUALS WITH THE SOLE PURPOSE OF HELPING FUND THEIR HIGHER EDUCATION IN FIELDS RELATED TO THE BUILDING INDUSTRY. 1 0 0 0 0 0 0 0 0 0 JONATHAN MELCHI EXECUTIVE DIRECTOR 0 160000 0 12500 0 0 0 5500 0 11106 0 189106 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE FORM 990 IS THEN REVIEWED BY THE EXECUTIVE DIRECTOR. THE FORM 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS AN ANNUAL BOARD OF TRUSTEES ORIENTATION MEETING FOR NEW AND EXISTING TRUSTEES. DURING THIS ORIENTATION MEETING, THE ORGANIZATION DISCUSSES THE FIDUCIARY RESPONSIBILITIES OF THE TRUSTEES, INCLUDING A DISCUSSING OF THE CONFLICT OF INTEREST POLICY. THE TRUSTEES ARE THEN REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST THAT MAY EXIST AND EXCUSE THEMSELVES FROM BOARD MEETINGS IN WHICH THEIR CONFLICT OF INTEREST MAY BE AN ISSUE. FORM 990, PART VI, SECTION B, LINE 15 THE BUILDING INDUSTRY ASSOCIATION OF CENTRAL OHIO FOUNDATION, INC DOES NOT COMPENSATE THE CEO, EXECUTIVE DIRECTOR, OR TOP MANAGEMENT. THESE POSITIONS ARE COMPENSATED THROUGH THE RELATED, TAX-EXEMPT ORGANIZATION, THE BUILDING INDUSTRY ASSOCIATION OF CENTRAL OHIO. FORM 990, PART VI, SECTION C, LINE 19 THE BUILDING INDUSTRY ASSOCIATION OF CENTRAL OHIO FOUNDATION, INC. MAKES THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 2C THE ORGANIZATION DOES NOT HAVE A SEPARATE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OVER THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. RATHER THE ENTIRE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OVER THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. THE BUILDING INDUSTRY ASSOCIATION OF CENTRAL OHIO 495 EXECUTIVE CAMPUS DRIVE WESTERVILLE OH 43082 314366381 PROMOTION OF CONSTRUCTION INDUSTRY OH 501(C)(6) N/A N/A 0 BIA BUILD PAC OF CENTRAL OHIO 495 EXECUTIVE CAMPUS DRIVE WESTERVILLE OH 43082 311282238 STATE AND LOCAL POLITICAL ACTIVITIES OH 527 N/A N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 BUILDING INDUSTRY ASSOCIATION OF CENTRAL OHIO N ACTUAL BUILDING INDUSTRY ASSOCIATION OF CENTRAL OHIO O ACTUAL