BOSTON BUILDING MATERIALS COOP CHARITABLE AND EDUCATIONAL FUND

EIN: 042749815 501(c)(3)

ROXBURY CROSSING, MA

Total Revenue
$950,685
Total Expenses
$1,056,663
Total Assets
$2,738,541
Net Assets
$2,519,854
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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
MA
Principal Officer
KORD H JABLONSKI
Phone
6174422262
Tax Period
2023-01-01 to 2023-12-31

BOSTON BUILDING MATERIALS COOP CHARITABLE AND EDUCATIONAL FUND, founded in 1981, is a small nonprofit that reported $951K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 11% operating deficit.

Mission

THE FUND HELPS LOW- AND MODERATE-INCOME HOMEOWNERS REPAIR AND MAINTAIN HOMES BY PROVIDING REUSED, AFFORDABLE BUILDING MATERIALS, PROMOTING SOCIAL WELFARE WITH COMMUNITY STABILITY, AND REVITALIZING NEIGHBORHOODS

Program Service Accomplishments

Program 1
Expenses: $838,123 Revenue: $919,063

THE FUND SERVED 1,500 LOW- AND MODERATE-INCOME HOMEOWNERS AND GRASSROOTS NONPROFIT ORGANIZATIONS BY PROVIDING USED AND SURPLUS BUILDING MATERIALS AT APPROXIMATELY 25% OF FAIR MARKET VALUE. THE FUND...

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THE FUND SERVED 1,500 LOW- AND MODERATE-INCOME HOMEOWNERS AND GRASSROOTS NONPROFIT ORGANIZATIONS BY PROVIDING USED AND SURPLUS BUILDING MATERIALS AT APPROXIMATELY 25% OF FAIR MARKET VALUE. THE FUND RECEIVED IN-KIND DONATIONS OF BUILDING MATERIALS WITH A FAIR MARKET VALUE OF $2,164,844 IN 2023. DONATIONS CAME FROM MORE THAN 1,000 HOMEOWNERS, CONTRACTORS, RETAILERS AND MANUFACTURERS.

Program 2
Expenses: $18,814 Revenue: $22,367

THE FUNDS WORKSHOPS TEACH SKILLS HOMEOWNERS CAN USE TO MAKE IMPROVEMENTS AND REPAIRS TO THEIR HOMES. TAUGHT BY PROFESSIONAL CONTRACTORS, WORKSHOPS COVER TOPICS SUCH AS WORKING WITH A CONTRACTOR...

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THE FUNDS WORKSHOPS TEACH SKILLS HOMEOWNERS CAN USE TO MAKE IMPROVEMENTS AND REPAIRS TO THEIR HOMES. TAUGHT BY PROFESSIONAL CONTRACTORS, WORKSHOPS COVER TOPICS SUCH AS WORKING WITH A CONTRACTOR, INTRO TO TOOLS FOR WOMEN, USING A ROUTER, TILING, HOME WEATHERIZATION, AND DRYWALL INSTALLATION. DURING 2023, 253 INDIVIDUALS PARTICIPATED IN 50 WORKSHOPS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $865,840
Program Service Revenue $40,451
Investment Income $15,952
Other Revenue $28,442
TOTAL REVENUE $950,685

Expense Breakdown

Grants Paid $0
Salaries & Benefits $696,419
Fundraising Expenses $78,238
Program Expenses $856,937
Other Expenses $360,244
TOTAL EXPENSES $1,056,663

Year-over-Year Comparison

2023 2022 Change
Revenue $950,685 $1,067,197 -0.1%
Expenses $1,056,663 $903,310 +0.2%
Net Income $-105,978 $163,887 -1.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
13
Independent Members
12
Employees
10
Volunteers
168

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$151,181
Total Directors
13
$151,181
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KORD H JABLONSKI PRESIDENT/EXEC DIR 20.00
Officer Director
$67,532 $16,117 $151,181
MICHAEL ORBANK CHAIR 3.00
Officer Director
$0 $0 $0
DEANNE DUPONT TREASURER (FORMER AS OF 6/25/24) 3.00
Officer Director
$0 $0 $0
ALEXANDRA KRAMER CLERK 3.00
Officer Director
$0 $0 $0
RICHARD AMES TRUSTEE 0.50
Director
$0 $0 $0
ANN FINNERTY TRUSTEE 2.00
Director
$0 $0 $0
MARCIA PETERS TRUSTEE 2.00
Director
$0 $0 $0
ABNER BONILLA TRUSTEE 0.50
Director
$0 $0 $0
JANE CAUFIELD TRUSTEE 2.00
Director
$0 $0 $0
JOHN DOUGLASS TRUSTEE 0.50
Director
$0 $0 $0
NICHOLAS PIERI TRUSTEE 0.50
Director
$0 $0 $0
RASHMIMALA RAMASWAMY TRUSTEE 0.50
Director
$0 $0 $0
MARSHA SMITH TRUSTEE 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $950,685 $1,056,663 $2,738,541 $-105,978
2022 $1,067,197 $903,310 $2,809,166 $163,887
2021 $1,647,353 $822,709 $2,743,719 $824,644
2020 $1,234,482 $1,041,464 $1,795,540 $193,018
2019 $1,410,909 $1,320,908 $1,406,483 $90,001
2018 $1,754,982 $1,306,829 $1,330,304 $448,153
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