Form 990 for tax year 2023
Filed by ASSOCIATED GENERAL CONTRACTORS OF AMERICA.
Totals
- Total revenue
- $24,682,691
- Total expenses
- $23,945,949
- Contributions and grants received
- $1,088,115
- Grants paid
- $487,560
- Program service revenue
- $21,131,506
- Investment income
- $1,126,770
- Other revenue
- $1,336,300
- Total assets, end of year
- $38,635,890
- Total liabilities, end of year
- $6,844,004
- Net assets or fund balances, end of year
- $31,791,886
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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)
$162,121
-
1f · All other contributions, gifts and grants
$925,994
-
2a · Program service revenue: MEMBERSHIP DUES
total $10,809,695 · related or exempt $10,809,695
-
2b · Program service revenue: MANAGEMENT CONFERENCES
total $3,900,966 · related or exempt $3,900,966
-
2c · Program service revenue: ANNUAL CONVENTION/CENTENNIAL
total $2,611,739 · related or exempt $2,611,739
-
2d · Program service revenue: AFFINITY PROGRAM
total $1,308,145 · related or exempt $1,308,145
-
2e · Program service revenue: AGC EDGE & ELC REVENUE
total $916,602 · related or exempt $916,602
-
2f · All other program service revenue
total $1,584,359 · related or exempt $796,266 · unrelated business $788,093
-
3 · Investment income
total $832,939 · excluded $832,939
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $2,160,038
-
7b · Less cost or other basis and sales expenses
securities $1,866,207
-
7c · Gain or loss
securities $293,831
-
7d · Net gain or loss
total $293,831 · excluded $293,831
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$2,004,355
-
10b · Cost of goods sold
$668,055
-
10c · Net income from sales of inventory
total $1,336,300 · excluded $1,336,300
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $487,560
-
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 $2,522,540
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $7,709,144
-
8 · Pension plan contributions
total $803,043
-
9 · Other employee benefits
total $945,812
-
10 · Payroll taxes
total $609,472
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $521,389
-
11c · Fees: accounting
total $92,695
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $658,709
-
12 · Advertising and promotion
total $455,720
-
13 · Office expenses
total $66,008
-
14 · Information technology
total $586,136
-
15 · Royalties
total $0
-
16 · Occupancy
total $897,968
-
17 · Travel
total $355,726
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $5,471,488
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $262,281
-
23 · Insurance
total $92,472
-
24a · Other expenses: AGC EDGE
total $622,063
-
24b · Other expenses: MEMBERSHIP DUES
total $280,147
-
24c · Other expenses: EXEC LEADERSHIP COUNCIL
total $287,156
-
24d · Other expenses: AWARDS & PROGRAMS
total $131,651
-
24e · All other expenses
total $86,769
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,537,273 · end of year $1,105,051
-
2 · Savings and temporary cash investments
beginning of year $2,408,491 · end of year $3,166,396
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $1,640,502 · end of year $1,242,448
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $119,042 · end of year $206,696
-
9 · Prepaid expenses and deferred charges
beginning of year $832,722 · end of year $855,475
-
10a · Land, buildings and equipment: cost or other basis
$5,439,305
-
10b · Land, buildings and equipment: accumulated depreciation
$3,784,947
-
10c · Land, buildings and equipment, net
beginning of year $1,890,778 · end of year $1,654,358
-
11 · Investments: publicly traded securities
beginning of year $16,925,689 · end of year $18,370,468
-
12 · Investments: other securities
beginning of year $8,844,828 · end of year $10,361,786
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $1,901,174 · end of year $1,673,212
-
17 · Accounts payable and accrued expenses
beginning of year $1,980,526 · end of year $1,245,104
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $1,945,161 · end of year $2,447,264
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $3,658,378 · end of year $3,151,636
-
27 · Net assets without donor restrictions
beginning of year $28,234,035 · end of year $31,512,604
-
28 · Net assets with donor restrictions
beginning of year $282,399 · end of year $279,282
Mission and programs · 2023
Mission
The Associated General Contractors of America, the voice of the construction industry, is an organization of qualified construction contractors and industry related companies dedicated to skill, integrity, and responsibility. Operating in partnership with its Chapters, the Association provides a full range of services satisfying the needs and concerns of its members, thereby improving the quality of construction, and protecting the public interest.
Activities or mission (Part I)
AGC'S VISION IS TO PROMOTE A BETTER INDUSTRY FOR THE PROFESSIONALS WHO BUILD AMERICA'S FUTURE.
-
TO ADVOCATE ON BEHALF OF THE CONSTRUCTION INDUSTRY BY SUPPORTING PRO CONSTRUCTION FEDERAL LEGISLATION AND REGULATIONS, GETTING INVOLVED IN LITIGATION RELEVANT TO THE CONSTRUCTION INDUSTRY AND EDUCATING MEDIA, ELECTED & APPOINTED OFFICIALS AND THE GENERAL PUBLIC ABOUT THE BROADER BENEFITS TO THE COUNTRY OF A STRONG AND VIBRANT CONSTRUCTION INDUSTRY.
-
TO EDUCATE EMPLOYEES OF MEMBERS FIRMS ABOUT THE LATEST CONSTRUCTION TECHNIQUES, TECHNOLOGIES AND SAFETY PRACTICES. TO MAKE SURE THEY ARE AWARE OF BROADER ECONOMIC TRENDS AND HOW THOSE TRENDS IMPACT DEMAND FOR CONSTRUCTION AND TO HELP THEM UNDERSTAND HOW DECISIONS MADE IN WASHINGTON AFFECT THE WAY THEY MUST DO BUSINESS.
-
TO CONNECT MEMBERS WITH EACH OTHER AND KEY STAKEHOLDERS, INCLUDING CONSTRUCTION OWNERS, REGULATORS, LEGISLATORS AND PARTNERS SUCH AS ENGINEERS, DESIGNERS AND ARCHITECTS. TO ENSURE THESE CONNECTIONS ALLOW MEMBERS TO LEARN FROM, AND TEACH, EACH OTHER ABOUT COMMON INDUSTRY CHALLENGES AND SHARE INFORMATION ABOUT SUCCESS STORIES, PARTICULARLY WHEN IT COMES TO PROTECTING THE HEALTH AND SAFETY OF THE INDUSTRY'S WORKFORCE.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Stephen E SandherrSTEPHEN E SANDHERR
CEO
- Total calculated
- $1,217,855
- From this org
- $1,128,640
- From related orgs
- $0
- Other
- $89,215
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $949,792
- Bonus
- $178,848
- Other
- $0
- Deferred
- $66,000
- Nontaxable benefits
- $23,215
- Filer's total
- $1,217,855
-
Jeffrey ShoafJEFFREY SHOAF
COO
- Total calculated
- $652,229
- From this org
- $577,552
- From related orgs
- $0
- Other
- $74,677
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $487,552
- Bonus
- $90,000
- Other
- $0
- Deferred
- $45,359
- Nontaxable benefits
- $29,318
- Filer's total
- $652,229
-
Jeffrey WilsonJEFFREY WILSON
VICE PRESIDENT
- Total calculated
- $406,543
- From this org
- $347,401
- From related orgs
- $0
- Other
- $59,142
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $327,401
- Bonus
- $20,000
- Other
- $0
- Deferred
- $32,232
- Nontaxable benefits
- $26,910
- Filer's total
- $406,543
-
Brian TurmailBRIAN TURMAIL
VICE PRESIDENT
- Total calculated
- $390,326
- From this org
- $331,359
- From related orgs
- $0
- Other
- $58,967
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $311,359
- Bonus
- $20,000
- Other
- $0
- Deferred
- $32,070
- Nontaxable benefits
- $26,897
- Filer's total
- $390,326
-
Jimmy ChristiansonJIMMY CHRISTIANSON
VICE PRESIDENT
- Total calculated
- $372,978
- From this org
- $335,907
- From related orgs
- $0
- Other
- $37,071
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $315,907
- Bonus
- $20,000
- Other
- $0
- Deferred
- $32,091
- Nontaxable benefits
- $4,980
- Filer's total
- $372,978
-
Christine SoudersCHRISTINE SOUDERS
CFO
- Total calculated
- $344,772
- From this org
- $297,028
- From related orgs
- $0
- Other
- $47,744
- Hours/week
- 30 + 7.5 related
Schedule J breakdown matched by us
- Base
- $283,028
- Bonus
- $14,000
- Other
- $0
- Deferred
- $28,343
- Nontaxable benefits
- $19,401
- Filer's total
- $344,772
-
Carolyn J McFaddenCAROLYN J MCFADDEN
BOARD SECRETARY
- Total calculated
- $307,684
- From this org
- $275,821
- From related orgs
- $0
- Other
- $31,863
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $261,821
- Bonus
- $14,000
- Other
- $0
- Deferred
- $26,487
- Nontaxable benefits
- $5,376
- Filer's total
- $307,684
-
Christi BeattyCHRISTI BEATTY
VICE President
- Total calculated
- $293,635
- From this org
- $250,121
- From related orgs
- $0
- Other
- $43,514
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $237,621
- Bonus
- $12,500
- Other
- $0
- Deferred
- $24,438
- Nontaxable benefits
- $19,076
- Filer's total
- $293,635
-
Kenneth SimonsonKENNETH SIMONSON
CHIEF ECONOMIST
- Total calculated
- $291,805
- From this org
- $263,263
- From related orgs
- $0
- Other
- $28,542
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $263,263
- Bonus
- $0
- Other
- $0
- Deferred
- $26,326
- Nontaxable benefits
- $2,216
- Filer's total
- $291,805
-
Lester C Snyder IIILESTER C SNYDER III
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Thomas BrownTHOMAS BROWN
SR VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Todd RobertsTODD ROBERTS
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Shea De LutisSHEA DE LUTIS
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Mac CaddellMAC CADDELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nora DegnanNORA DEGNAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tc Edmondson IIITC EDMONDSON III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff FirthJEFF FIRTH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff ForbesJEFF FORBES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Greg FordGREG FORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dan K Fordice IIIDAN K FORDICE III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Katherine FreemanKATHERINE FREEMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth GonyaKENNETH GONYA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Amy HallAMY HALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rachel HarveyRACHEL HARVEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Maura HesdonMAURA HESDON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert C Lanham JrROBERT C LANHAM JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brendan LynamBRENDAN LYNAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Trey PebleyTREY PEBLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kyle PhillipsKYLE PHILLIPS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Meloni RaneyMELONI RANEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Felipe A SerranoFELIPE A SERRANO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stephen ShapiroSTEPHEN SHAPIRO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Phil ThodenPHIL THODEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott WinsteadSCOTT WINSTEAD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
- 1a · First-class or charter travel
- 1a · Travel for companions
- 1a · Tax indemnification and gross-up payments
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- SCHEDULE J, PART I, LINE 1A:
- AGC OF AMERICA PAYS FOR SPOUSES OF OFFICERS, CEO AND COO TO TRAVEL TO RELATED AGC EVENTS. AGC OF AMERICA PAYS SOCIAL CLUB DUES FOR THE CEO TO ENABLE THEM TO ENTERTAIN GUESTS AND MEMBERS AND EDUCATE THEM ON AGC MATTERS AND INITIATIVES. THESE REIMBURSEMENTS ARE INCLUDED IN THE EXECUTIVE'S TAXABLE COMPENSATION AND ARE GROSSED-UP FOR INCOME TAX PURPOSES.
- SCHEDULE J, PART I, LINE 4B:
- CEO, COO, CFO and Vice President of Public Affairs & Workforce participate in the nonqualified deferred compensation plan.
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
-
$80,000
ADVOCACY & EDUCATION
-
$50,000
CHARITABLE DONATION
-
$25,000
CHARITABLE DONATION
-
CHARITABLE DONATION
-
$20,000
CHARITABLE DONATION
-
CHARITABLE DONATION
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.
-
AGC CONSTRUCTION ADVOCACY FUND
501(c)(6) · See Part VII · DE
Directly controlled by na
-
AGC Education and Research FDN
501(c)(3) · See Part VII · DC
Directly controlled by na
-
501(c)(3) · See Part VII · DE
Directly controlled by na
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
ConsensusDocs LLC
See Part VII · VA · income $0 · assets $0
Directly controlled by na
-
Project Modeling LLC
See Part VII · VA · income $0 · assets $0
Directly controlled by na
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403209349323260
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