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Nonprofiteer
← ABC INSTITUTE INC

Form 990 for tax year 2022

Filed by ABC INSTITUTE INC.

Totals

Total revenue
$2,546,273
Total expenses
$2,593,770
Contributions and grants received
$728,570
Grants paid
$0
Program service revenue
$1,817,703
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,144,231
Total liabilities, end of year
$170,714
Net assets or fund balances, end of year
$973,517
Program services expenses (Part IX)
$1,480,315
Management and general expenses
$1,113,455
Fundraising expenses
$0
Program service expenses (Part III)
$1,480,315

Program services were 57.1% 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.

  • 1e · Government grants (contributions)

    $595,934

  • 1f · All other contributions, gifts and grants

    $132,636

  • 2a · Program service revenue: APPRENTICESHIP

    total $1,816,303 · related or exempt $1,816,303

  • 2b · Program service revenue: SAFETY TRAINING

    total $1,400 · related or exempt $1,400

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $636,202 · management and general $636,202

  • 8 · Pension plan contributions

    total $19,044 · management and general $19,044

  • 10 · Payroll taxes

    total $71,905 · management and general $71,905

  • 11c · Fees: accounting

    total $11,250 · management and general $11,250

  • 11g · Fees: other

    total $1,470,272 · program services $1,470,272

  • 13 · Office expenses

    total $42,512 · management and general $42,512

  • 16 · Occupancy

    total $59,011 · management and general $59,011

  • 17 · Travel

    total $7,180 · management and general $7,180

  • 19 · Conferences, conventions and meetings

    total $58,992 · management and general $58,992

  • 20 · Interest

    total $7,468 · management and general $7,468

  • 22 · Depreciation, depletion and amortization

    total $10,043 · program services $10,043

  • 23 · Insurance

    total $76,048 · management and general $76,048

  • 24a · Other expenses: CONSULTANT

    total $79,210 · management and general $79,210

  • 24b · Other expenses: AUTOMOBILE & TRUCK

    total $16,715 · management and general $16,715

  • 24c · Other expenses: MAINTENANCE

    total $14,576 · management and general $14,576

  • 24d · Other expenses: TELEPHONE

    total $6,125 · management and general $6,125

  • 24e · All other expenses

    total $7,217 · management and general $7,217

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $899,859 · end of year $905,250

  • 4 · Accounts receivable

    beginning of year $141,477 · end of year $40,595

  • 8 · Inventories for sale or use

    beginning of year $21,127 · end of year $20,900

  • 9 · Prepaid expenses and deferred charges

    beginning of year $24,019 · end of year $46,413

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

    $111,201

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

    $51,834

  • 10c · Land, buildings and equipment, net

    beginning of year $60,565 · end of year $59,367

  • 15 · Other assets

    beginning of year $15,093 · end of year $71,706

  • 17 · Accounts payable and accrued expenses

    beginning of year $112,204 · end of year $89,739

  • 19 · Deferred revenue

    beginning of year $11,081

  • 24 · Unsecured notes and loans payable

    beginning of year $17,841 · end of year $80,975

  • 27 · Net assets without donor restrictions

    beginning of year $1,021,014 · end of year $973,517

Mission and programs · 2022

Mission

TO DEVELOP AND IMPROVE EDUCATION AND TRAINING IN THE CONSTRUCTION INDUSTRY AT ALL LEVELS, IN SOUTH FLORIDA AND BEYOND.

Activities or mission (Part I)

WE RECRUIT, EDUCATE, AND TRAIN THE SKILLED WORKFORCE THAT DRIVES THE CONSTRUCTION INDUSTRY FORWARD.

  • ABC INSTITUTE PROVIDES EDUCATIONAL SERVICES TO THE CONSTRUCTION INDUSTRY THROUGH PRE-APPRENTICESHIPS, APPRENTICESHIPS, CRAFT TRAINING, SAFETY EDUCATION, AND MANAGERIAL TRAINING. THESE PROGRAMS INCREASE THE AVAILABILITY OF QUALIFIED WORKERS IN THE CONSTRUCTION INDUSTRY, EDUCATE WORKERS IN THE INDUSTRY ON OSHA SAFETY STANDARDS AND PROCEDURES, AND PROVIDE CONSTRUCTION INDUSTRY MANAGERS WITH THE REQUIRED C.E.U. CREDITS NEEDED FOR LICENSING AND THE TOOLS TO FURTHER THEIR CAREERS IN THE CONSTRUCTION INDUSTRY.

    Expenses $1,480,315

  • ABC INSTITUTE PROVIDES EDUCATIONAL SERVICES TO THE CONSTRUCTION INDUSTRY THROUGH PRE-APPRENTICESHIPS, APPRENTICESHIPS, CRAFT TRAINING, SAFETY EDUCATION, AND MANAGERIAL TRAINING. THESE PROGRAMS INCREASE THE AVAILABILITY OF QUALIFIED WORKERS IN THE CONSTRUCTION INDUSTRY, EDUCATE WORKERS IN THE INDUSTRY ON OSHA SAFETY STANDARDS AND PROCEDURES, AND PROVIDE CONSTRUCTION INDUSTRY MANAGERS WITH THE REQUIRED C.E.U. CREDITS NEEDED FOR LICENSING AND THE TOOLS TO FURTHER THEIR CAREERS IN THE CONSTRUCTION INDUSTRY.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Peter Dyga

    PRESIDENT &

    Total calculated
    $189,000
    From this org
    $94,500
    From related orgs
    $94,500
    Other
    $0
    Hours/week
    14 + 26 related

    Schedule J breakdown matched by us

    Base
    $94,500 + $94,500 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $94,500 + $94,500 related

  • Nathan Feree

    COO

    Total calculated
    $91,297
    From this org
    $91,297
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Ruth Tirado

    VP OF EDUCAT

    Total calculated
    $6,917
    From this org
    $6,917
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Ashley Russom

    EDUCATION DI

    Total calculated
    $79,640
    From this org
    $79,640
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Dan Paulus

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.25

  • Sebastien Fonnegra

    CHAIR ELECT

    Total calculated
    $0
    Hours/week
    0.25

  • Dennis Lemons

    SECRETARY/TR

    Total calculated
    $0
    Hours/week
    0.25

  • Michael Bond

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Gus Garcia

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Chrissy Healey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Kevin Kornahrens

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Rudy Lierena

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Phil London

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Israel Silva

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Darryl Merigliano

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Jennifer Taka

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

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
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 3
ASSOCIATED BUILDERS & CONTRACTORS FLORIDA EAST COAST CHAPTER, INC.'S BOARD OF DIRECTORS DETERMINES CEO'S SALARY. AN EMPLOYMENT AGREEMENT IS SIGNED.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
25 October 2024
IRS schema version
2022v5.0
Source object
202403059349300925

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

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