Form 990 for tax year 2022
Filed by ASSOCIATED BUILDERS AND CONTRACTORS INC.
Totals
- Total revenue
- $1,651,559
- Total expenses
- $1,574,752
- Contributions and grants received
- $175,399
- Grants paid
- $0
- Program service revenue
- $1,463,163
- Investment income
- $19,289
- Other revenue
- -$6,292
- Total assets, end of year
- $2,838,283
- Total liabilities, end of year
- $1,377,163
- Net assets or fund balances, end of year
- $1,461,120
- Program services expenses (Part IX)
- $1,126,441
- Management and general expenses
- $341,794
- Fundraising expenses
- $106,517
- Program service expenses (Part III)
- $1,126,441
Program services were 71.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$175,399
-
2a · Program service revenue: Annual Sponsorship
total $229,120 · related or exempt $229,120
-
2b · Program service revenue: Apprenticeship Fee
total $295,000 · related or exempt $295,000
-
2c · Program service revenue: Leadership
total $24,550 · related or exempt $24,550
-
2d · Program service revenue: Membership Dues & Assessments
total $653,682 · related or exempt $653,682
-
2e · Program service revenue: Summer Convention
total $232,900 · related or exempt $232,900
-
2f · All other program service revenue
total $27,911 · related or exempt $27,911
-
3 · Investment income
total $19,455 · excluded $19,455
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $3,000
-
6b · Less rental expenses
real property $13,513
-
6c · Rental income or loss
real property -$10,513
-
6d · Net rental income or loss
total -$10,513 · unrelated business -$10,513
-
7b · Less cost or other basis and sales expenses
other assets $166
-
7c · Gain or loss
other assets -$166
-
7d · Net gain or loss
total -$166 · related or exempt -$166
-
8a · Fundraising events: gross income
$327,702
-
8b · Fundraising events: direct expenses
$327,725
-
8c · Net income from fundraising events
total -$23
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Miscellaneous
total $2,394 · related or exempt $2,394
-
11b · Other revenue: Non-Dues Revenue
total $1,850 · related or exempt $1,850
-
11e · Other revenue, total
$4,244
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $209,756 · program services $52,439 · management and general $125,854 · fundraising $31,463
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $539,580 · program services $398,965 · management and general $91,081 · fundraising $49,534
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $6,461 · management and general $6,461
-
11g · Fees: other
total $16,177 · management and general $16,177
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $34,844 · program services $12,892 · management and general $11,151 · fundraising $10,801
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $42,020 · program services $42,020
-
17 · Travel
total $80,490 · program services $49,341 · management and general $21,218 · fundraising $9,931
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $7,016 · program services $2,806 · management and general $4,210
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $14,543 · program services $1,454 · management and general $13,089
-
24a · Other expenses: Program Expenses
total $517,120 · program services $517,120
-
24b · Other expenses: Bank Fees
total $37,897 · management and general $37,897
-
24c · Other expenses: Political Contributions
total $35,043 · program services $35,043
-
24d · Other expenses: Telecommunications
total $31,915 · program services $14,361 · management and general $12,766 · fundraising $4,788
-
24e · All other expenses
total $1,890 · management and general $1,890
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $955,290 · end of year $1,219,161
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $31,252 · end of year $41,311
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $63,427 · end of year $66,418
-
10a · Land, buildings and equipment: cost or other basis
$152,539
-
10b · Land, buildings and equipment: accumulated depreciation
$136,016
-
10c · Land, buildings and equipment, net
beginning of year $31,799 · end of year $16,523
-
11 · Investments: publicly traded securities
beginning of year $1,065,290 · end of year $813,348
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $1,290 · end of year $681,522
-
17 · Accounts payable and accrued expenses
beginning of year $30,984 · end of year $47,912
-
19 · Deferred revenue
beginning of year $559,756 · end of year $636,302
-
25 · Other liabilities
beginning of year $5,425 · end of year $692,949
-
27 · Net assets without donor restrictions
beginning of year $1,552,183 · end of year $1,461,120
Mission and programs · 2022
Mission
To promote and improve the image of construction and address the many issues facing the industry.
-
The Associated Builders & Contractors of the Carolinas operates service councils within the Carolina region. Through these councils, ABC provides education and training seminars and meeting for the construction industry. Training opportunities are provided in all councils.
Expenses $1,126,441
As filed on the 2022 return.
Listed in Part VII
-
Amy Sullivan Hicks
President & CEO
- Total calculated
- $209,756
- From this org
- $188,500
- From related orgs
- $0
- Other
- $21,256
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $188,500
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $21,256
- Filer's total
- $209,756
-
Allen Amsler
Incoming Chair
- Total calculated
- $0
- Hours/week
- 2
-
Scott Cutler
Director
- Total calculated
- $0
- Hours/week
- 2
-
Josh Mauney
Director
- Total calculated
- $0
- Hours/week
- 2
-
Fred Adams
Director
- Total calculated
- $0
- Hours/week
- 2
-
Justin Baker
Director
- Total calculated
- $0
- Hours/week
- 2
-
Sam Hayes
Director
- Total calculated
- $0
- Hours/week
- 2
-
Angela Carter
Director
- Total calculated
- $0
- Hours/week
- 2
-
Brian Gallagher
Past Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Karen Yoder
Director
- Total calculated
- $0
- Hours/week
- 2
-
Chris Darling
Director
- Total calculated
- $0
- Hours/week
- 2
-
Scott Mayer
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Jason Moore
Director
- Total calculated
- $0
- Hours/week
- 2
-
Chris Moore
Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Emory Sadler
Director
- Total calculated
- $0
- Hours/week
- 2
-
Rob Beale
Imm. Past Chair
- Total calculated
- $0
- Hours/week
- 2
-
Dan Thomas
Director
- Total calculated
- $0
- Hours/week
- 2
-
Greg Carlton
Director
- Total calculated
- $0
- Hours/week
- 2
-
Andy Grayson
Director
- Total calculated
- $0
- Hours/week
- 2
-
Christi Powell
Director
- Total calculated
- $0
- Hours/week
- 2
-
Cristi Lewis
Treasurer
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333189349307918
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