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Building Markets Ltd

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

EIN: 980575195 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is Building Markets Ltd?

Building Markets Ltd is a nonprofit organization situated in Brooklyn, New York. Their primary mission is to foster inclusive economies, particularly for small-to-medium-sized enterprises (SMEs). By providing support, they help these businesses secure contracts and loans, ultimately creating job opportunities. In the past year, their Sustainable Marketplace program in Turkey aided Syrian-owned businesses to integrated better into their host communities, resulting in 12.8 million dollars in revenue and 2,226 new jobs. Building Markets has had a significant impact globally, having assisted over 26,700 SMEs in various markets such as Turkey, Colombia, Jordan, Myanmar, Afghanistan, Liberia, and Haiti, creating over 75,000 jobs and securing $1.36 billion in contracts and $21 million in loans. With a team of 14 individuals, Building Markets Ltd plays a crucial role in fostering economic growth and opportunities worldwide.


Official website here: www.buildingmarkets.org

Is Building Markets Ltd legitimate?

Building Markets Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building Markets Ltd 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.

Here are some key statistics you may want to consider:

Executive Compensation: $685,726
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,180,261

For more financial information, click here


Official website here: www.buildingmarkets.org

What is the mission statement of Building Markets Ltd?

Building Markets Ltd's mission is centered around fostering inclusive economies for small and medium-sized enterprises (SMEs). Through their efforts, they have supported over 26,700 SMEs, aiding these businesses in securing $1.36 billion in contracts and $21 million in loans. As a result, these initiatives have led to the creation of over 75,000 job opportunities across various nations such as Turkey, Colombia, Jordan, Myanmar, Afghanistan, Liberia, and Haiti. Essentially, Building Markets Ltd aims to provide opportunities for all individuals to prosper by empowering SMEs.


Official website here: www.buildingmarkets.org

Who is the CEO of Building Markets Ltd?

Frank H Mcnutt is the Chief Executive Officer of Building Markets Ltd. The CEO's salary of Building Markets Ltd is $67,244 and their total compensation is $74,865.


Official website here: www.buildingmarkets.org

What is the revenue of Building Markets Ltd?

Building Markets Ltd's revenue in 2023 was $4,108,126.


Official website here: www.buildingmarkets.org

Who are the executives of Building Markets Ltd and what are their salaries?

The average compensation at Building Markets Ltd during 2023 was $133,285. There are 14 employees at Building Markets Ltd.

Here are 13 key members and their salaries (Building Markets Ltd's CEO's salary is $67,244 and their total compensation is $74,865):

    Elizabeth Fairfield Brown (Head Of Partnerships)
  • Compensation: $153,705
  • Related: $0
  • Other: $8,378

    • Ainsley F Butler (Global Head Of Programs)
  • Compensation: $142,500
  • Related: $0
  • Other: $12,343

    • Shaniqwa Chapman (Senior Mgr, Finance And Admin)
  • Compensation: $114,917
  • Related: $0
  • Other: $12,149

    • Jennifer Holt (Chief Executive Officer)
  • Compensation: $110,895
  • Related: $0
  • Other: $2,453

    • Radha Rajkotia (Chief Executive Officer) [Trustee/Director]
  • Compensation: $67,244
  • Related: $0
  • Other: $7,621

    • Frank Hamilton Mcnutt (Chief Operating Officer)
  • Compensation: $20,507
  • Related: $0
  • Other: $310

    • Ben Cushman (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Didovic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trent Hoole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Mackie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn Makinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terry Peigh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Saal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.buildingmarkets.org

    Where can I find the form 990 for Building Markets Ltd?

    The Building Markets Ltd’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.buildingmarkets.org

    Learn more at the official website: www.buildingmarkets.org

    Mission Statement of Building Markets Ltd

    Building Markets Ltd, a nonprofit organization, is dedicated to fostering inclusive economies. Their mission is to empower small and medium-sized enterprises (SMEs) globally, enabling them to seize opportunities and create jobs. Through their efforts, Building Markets has supported over 26,700 SMEs, helping these businesses secure over $1.36 billion in contracts and secure $21 million in loans. As a result, these initiatives have led to the creation of over 75,000 jobs across various markets, including Turkey, Colombia, Jordan, Myanmar, Afghanistan, Liberia, and Haiti. By supporting SMEs, Building Markets Ltd is playing a significant role in providing opportunities for people to rise above their circumstances and contribute to their local economies.

    Impact

    This information is meant to be a general summary of Building Markets Ltd. Please take the time to review official sources before making any decisions based upon the content provided here.




    Sunday, July 21, 2024

    Building Markets Ltd has had a significant impact on global economies by supporting over 26,700 SMEs, helping them secure $1.36 billion in contracts and $21 million in loans. This support has resulted in the creation of over 75,000 jobs in countries such as Turkey, Colombia, Jordan, Myanmar, Afghanistan, Liberia, and Haiti. In particular, the Sustainable Marketplace program in Turkey has assisted Syrian-owned businesses in integrating into host communities, fostering long-term livelihoods for refugees and locals. Over the last year, this program has enabled businesses to generate $12.8 million in revenue and create 2,226 jobs, showcasing the tangible difference Building Markets Ltd is making in supporting inclusive economies and opportunities for small businesses worldwide.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $11,371
  • Program Service Revenue: $0
  • Gross Receipts: $4,108,126

    • Assets and Liabilities:
  • Total Assets: $2,032,767
  • Total Liabilities: $1,721,951
  • Net Assets: $310,816
  • Organization Details

    Founding Year

    2008

    Principal Officer

    Frank H Mcnutt

    Main Address

    195 Montague Street, Brooklyn, NY, 11201

    NTEE Category

    Code: Q30 - International

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