Skip to content
Nonprofiteer
← ASSOCIATED BUILDERS & CONTRACTORS OF IOWA

Form 990 for tax year 2023

Filed by ASSOCIATED BUILDERS & CONTRACTORS OF IOWA.

Totals

Total revenue
$2,789,130
Total expenses
$2,451,843
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$2,688,556
Investment income
$97,624
Other revenue
$2,950
Total assets, end of year
$5,203,109
Total liabilities, end of year
$1,551,849
Net assets or fund balances, end of year
$3,651,260
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$2,451,843

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.

  • 2a · Program service revenue: DUES

    total $1,566,499 · related or exempt $1,566,499

  • 2b · Program service revenue: ADMINISTRATION SERVICE

    total $704,115 · related or exempt $704,115

  • 2c · Program service revenue: MEMBERSHIP EVENTS

    total $222,873 · related or exempt $222,873

  • 2d · Program service revenue: EDUCATION AND TRAINING

    total $142,335 · related or exempt $142,335

  • 2e · Program service revenue: SAFETY

    total $52,734 · related or exempt $52,734

  • 3 · Investment income

    total $105,809 · related or exempt $105,809

  • 7a · Gross sales of assets other than inventory

    securities $337,350

  • 7b · Less cost or other basis and sales expenses

    securities $345,535

  • 7c · Gain or loss

    securities -$8,185

  • 7d · Net gain or loss

    total -$8,185 · related or exempt -$8,185

  • 11a · Other revenue: FLEET MARKETING PROGRA

    total $2,950 · unrelated business $2,950

  • 11e · Other revenue, total

    $2,950

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $543,097

  • 7 · Other salaries and wages

    total $554,040

  • 8 · Pension plan contributions

    total $34,674

  • 9 · Other employee benefits

    total $124,232

  • 10 · Payroll taxes

    total $70,522

  • 11b · Fees: legal

    total $8,511

  • 11c · Fees: accounting

    total $10,356

  • 11d · Fees: lobbying

    total $12,653

  • 11f · Fees: investment management

    total $8,333

  • 12 · Advertising and promotion

    total $3,920

  • 13 · Office expenses

    total $55,429

  • 14 · Information technology

    total $44,967

  • 16 · Occupancy

    total $86,309

  • 17 · Travel

    total $63,400

  • 19 · Conferences, conventions and meetings

    total $34,508

  • 21 · Payments to affiliates

    total $309,832

  • 22 · Depreciation, depletion and amortization

    total $43,474

  • 23 · Insurance

    total $44,584

  • 24a · Other expenses: MEMBER EVENTS

    total $142,827

  • 24b · Other expenses: GOV'T AFFAIR CONTRACT

    total $108,080

  • 24c · Other expenses: PROFESSIONAL DEVELOPMEN

    total $66,892

  • 24d · Other expenses: SPECIAL PROJECTS

    total $65,111

  • 24e · All other expenses

    total $16,092

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $278,687 · end of year $337,011

  • 2 · Savings and temporary cash investments

    beginning of year $3,294,555 · end of year $3,607,247

  • 4 · Accounts receivable

    beginning of year $90,199 · end of year $56,075

  • 9 · Prepaid expenses and deferred charges

    beginning of year $261,971 · end of year $279,413

  • 10a · Land, buildings and equipment: cost or other basis

    $506,703

  • 10b · Land, buildings and equipment: accumulated depreciation

    $424,808

  • 10c · Land, buildings and equipment, net

    beginning of year $125,368 · end of year $81,895

  • 12 · Investments: other securities

    beginning of year $811,007 · end of year $841,468

  • 17 · Accounts payable and accrued expenses

    beginning of year $45,711 · end of year $54,959

  • 19 · Deferred revenue

    beginning of year $1,520,981 · end of year $1,496,890

  • 27 · Net assets without donor restrictions

    beginning of year $3,295,095 · end of year $3,651,260

Mission and programs · 2023

Mission

TO FOSTER THE PRINCIPLES OF FREEDOM OF CHOICE THROUGH THE MERIT CONSTRUCTION PHILOSOPHY.

Activities or mission (Part I)

CONSTRUCTION EDUCATION TRAINING AND SAFETY EDUCATION.

  • PROVIDE CONSTRUCTION EDUCATION CLASSES FOR EMPLOYEES OF MEMBER ORGANIZATIONS. PROVIDE SAFETY TRAINING AND EDUCATION.

    Expenses $2,451,843 · Revenue $2,786,180

As filed on the 2023 return.

Listed in Part VII

  • Rusty Rohe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Cody Benge

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Shane Kline

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Curtis Pike

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Zach Sims

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mike O'Day

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Roger Cannoy

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    2

  • Jim Ellis

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Greg Spenner

    PRESIDENT & CEO

    Total calculated
    $320,955
    From this org
    $274,369
    From related orgs
    $0
    Other
    $46,586
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $193,599
    Bonus
    $80,770
    Other
    $0
    Deferred
    $16,205
    Nontaxable benefits
    $30,381
    Filer's total
    $320,955

  • Virginnia Shindelar

    VICE PRESIDENT

    Total calculated
    $222,142
    From this org
    $181,963
    From related orgs
    $0
    Other
    $40,179
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $132,788
    Bonus
    $49,175
    Other
    $0
    Deferred
    $11,171
    Nontaxable benefits
    $29,008
    Filer's total
    $222,142

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

  • 3 · Approval by the board or compensation committee

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • ASSOCIATED BUILDERS AND CONTRACTORS

    501 (C)(6) · NATIONAL AFFILIATE · DC

  • ASSOCIATED BUILDERS AND CONTRACTORS OF IOWA - APPRENTICESHIP TRUST FUND

    501 (C)(3) · APPRENTICESHIP TRAINING AND EDUCATION · IA

Provenance

Return type
form_990
Tax year
2023
Filed
23 April 2024
IRS schema version
2023v5.0
Source object
202401179349301885

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.