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Nonprofit · EIN 47-0844890

THE BUILDER FOUNDATION

Tax-exempt · OMAHA, NE 68130

Financials

$202K$222K2023$348K$289K2024
Revenue Expenses · by fiscal year end
Financials of THE BUILDER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$347,722$288,778$58,944$987,453$0$987,453
June 30, 2024990$202,449$222,216-$19,767$937,184$8,648$928,536
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$338,215
Program service revenue
$650
Investment income
$0
Net income from fundraising events
$8,857
Other revenue
$8,857

Expenses

Grants and similar amounts paid
$41,406
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$197,557
Management and general (functional)
$85,723
Fundraising (functional)
$5,498

Balance sheet and other

Total assets, start of year
$937,184
Total assets, end of year
$987,453
Total liabilities, end of year
$0
Net assets, end of year
$987,453
Net assets without donor restrictions
$503,620
Net assets with donor restrictions
$483,833
Gross receipts
$357,025
Employees
0
Volunteers
0
Year formed
2001
State of legal domicile
NE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARK BOWDEREXECUTIVE DIRECTOR
Trustee or director, Officer
1$0
MIKE RIEDMANNPRESIDENT/CHAIRMAN
Trustee or director, Officer
1$0
KRAIG WILLIAMSTREASURER
Trustee or director, Officer
1$0
KEN SORENSENPAST-PRESIDENT/SECRETARY
Trustee or director
1$0
CHAD CHRISTENSENBOARD MEMBER
Trustee or director
1$0
JAYLENE EILENSTINEBOARD MEMBER
Trustee or director
1$0
ELLEN GRACEBOARD MEMBER
Trustee or director
1$0
TED GRACEBOARD MEMBER/CO-FOUNDER
Trustee or director
1$0
JOHN PROSOSKIBOARD MEMBER
Trustee or director
1$0
JOHN STALNAKERBOARD MEMBER
Trustee or director
1$0
WENDY WALKERBOARD MEMBER
Trustee or director
1$0
ROB WOODLINGBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensation
KEN SORENSENPRESIDENT
Trustee or director, Officer
1$0
TED GRACEBOARD MEMBER
Trustee or director
1$0
MARK WESTERGARDBOARD MEMBER
Trustee or director
1$0
SARA HANSENBOARD MEMBER
Trustee or director
1$0
MIKE RIEDMANNBOARD MEMBER
Trustee or director
1$0
MALINE STABENTREASURER
Trustee or director, Officer
1$0
TOM CHRISTENSENVICE PRESIDENT
Trustee or director, Officer
1$0
MARK BOWDEREXECUTIVE DIRECTOR
Trustee or director
1$0
JAYLENE EILENSTINEBOARD MEMBER
Trustee or director
1$0
WENDY WALKERBOARD MEMBER
Trustee or director
1$0
BILL SAUTERBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
17445 ARBOR ST STE 200, OMAHA, NE 68130-4645
In care of
% 1
Principal officer (990 for 2024)
KEN SORENSEN, 17445 ARBOR STREET STE 200, OMAHA, NE 68130
Signed the 990
KEN SORENSEN, CHAIRMAN
Phone
(402) 333-0110
Return prepared by
BLACKMAN & ASSOCIATES PC

Mission

CHARITABLE AND EDUCATIONAL ORGANIZATION TO ENCOURAGE YOUNG INDIVIDUALS TO ENTER THE CONSTRUCTION TRADE BY PROVIDING EDUCATION, TRAINING, AND PRACTICAL EXPERIENCE

990 for the year ended June 30, 2025

Program accomplishments

  • THE BUILDER FOUNDATION SPONSORS HIGH SCHOOL STUDENTS AT A LOCAL COMMUNITY COLLEGE IN THE CONSTRUCTION COURSES AS WELL AS PROVIDING SCHOLARSHIPS TO THOSE YOUNG INDIVIDUALS WHO ARE SEEKING DEGREES IN THE CONSTRUCTION INDUSTRY
    Expenses $197,557 · grants $10,000
  • THE BUILDER FOUNDATION PROVIDES GRANTS TO INSTRUCTORS WHO PROVIDE TRAINING TO HIGH SCHOOL STUDENTS WITH INTEREST IN THE CONSTRUCTION INDUSTRY
    grants $31,406 · revenue $650
  • THE BOARD HAS DEVELOPED 48 AFFORDABLE RENTAL UNITS WHICH PRODUCED DEVELOPER FEES AND POTENTIALLY AN ONGOING INCOME STREAM FROM RENTAL AGREEMENTS IN AN EFFORT TO SUPPORT AND EXPAND THE MISSION OF THE BUILDER FOUNDATION TO HELP ASSIST INDIVIDUALS ENTERING INTO THE CONSTRUCTION TRADE.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
47-0844890
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$987,453
Income (IRS master file)
$357,025

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$347,722$288,778$987,453XML
990June 2024$202,449$222,216$937,184XML
990June 2023$137,358$180,721$950,293IRS
990June 2022$188,589$149,450$996,350IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-0844890).

Questions about THE BUILDER FOUNDATION

What is the EIN of THE BUILDER FOUNDATION?
The employer identification number (EIN) of THE BUILDER FOUNDATION is 47-0844890.
Is THE BUILDER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to THE BUILDER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE BUILDER FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE BUILDER FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE BUILDER FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THE BUILDER FOUNDATION?
The 990 for the year ended June 30, 2025 names KEN SORENSEN.
Who are the officers and directors of THE BUILDER FOUNDATION?
The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does THE BUILDER FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $347,722, expenses of $288,778 and total assets of $987,453 at year end.

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