Form 990 for tax year 2023
Filed by ASSOCIATED BUILDERS AND CONTRACTORS INC.
Totals
- Total revenue
- $877,320
- Total expenses
- $706,872
- Contributions and grants received
- $72,964
- Grants paid
- $3,126
- Program service revenue
- $668,293
- Investment income
- -$7,847
- Other revenue
- $143,910
- Total assets, end of year
- $1,219,938
- Total liabilities, end of year
- $514,653
- Net assets or fund balances, end of year
- $705,285
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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)
$37,662
-
1f · All other contributions, gifts and grants
$35,302
-
2a · Program service revenue: EDUCATION AND TRAINING
total $333,061 · related or exempt $333,061
-
2b · Program service revenue: MEMBERSHIP DUES
total $294,977 · related or exempt $294,977
-
2c · Program service revenue: DIRECTORY INCOME
total $40,255 · related or exempt $40,255
-
3 · Investment income
total $9 · related or exempt $9
-
7a · Gross sales of assets other than inventory
securities $354,043
-
7b · Less cost or other basis and sales expenses
securities $360,209 · other assets $1,690
-
7c · Gain or loss
securities -$6,166 · other assets -$1,690
-
7d · Net gain or loss
total -$7,856 · related or exempt -$7,856
-
8a · Fundraising events: gross income
$289,267
-
8b · Fundraising events: direct expenses
$145,357
-
8c · Net income from fundraising events
total $143,910
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $3,126
-
7 · Other salaries and wages
total $247,703
-
8 · Pension plan contributions
total $3,307
-
10 · Payroll taxes
total $20,149
-
11b · Fees: legal
total $414
-
11c · Fees: accounting
total $39,893
-
11d · Fees: lobbying
total $36,000
-
11g · Fees: other
total $24,175
-
12 · Advertising and promotion
total $749
-
13 · Office expenses
total $57,993
-
16 · Occupancy
total $78,702
-
17 · Travel
total $24,971
-
22 · Depreciation, depletion and amortization
total $47,925
-
23 · Insurance
total $22,256
-
24a · Other expenses: MISCELLANEOUS
total $53,339
-
24b · Other expenses: MEMBERSHIP DEVELOPMENT
total $41,318
-
24c · Other expenses: AUTO
total $4,577
-
24d · Other expenses: TAXES & LICENSES
total $275
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $293,024 · end of year $352,661
-
4 · Accounts receivable
beginning of year $63,442 · end of year $48,955
-
9 · Prepaid expenses and deferred charges
beginning of year $23,991
-
10a · Land, buildings and equipment: cost or other basis
$577,121
-
10b · Land, buildings and equipment: accumulated depreciation
$49,366
-
10c · Land, buildings and equipment, net
beginning of year $169,904 · end of year $527,755
-
11 · Investments: publicly traded securities
beginning of year $339,944 · end of year $180,333
-
15 · Other assets
beginning of year $149,296 · end of year $110,234
-
17 · Accounts payable and accrued expenses
beginning of year $102,606 · end of year $26,760
-
19 · Deferred revenue
beginning of year $279,505 · end of year $299,837
-
25 · Other liabilities
beginning of year $155,811 · end of year $188,056
-
27 · Net assets without donor restrictions
beginning of year $500,699 · end of year $704,305
-
28 · Net assets with donor restrictions
beginning of year $980 · end of year $980
Mission and programs · 2023
Mission
OUR MISSION IS TO PROTECT AND ENHANCE THE FREE ENTERPRISE SYSTEM IN THE CONSTRUCTION INDUSTRY BY PROMOTING AND UTILIZING THE MERIT SHOP PHILOSOPHY.
Activities or mission (Part I)
TO SEE THAT THE NEEDS OF MERIT SHOP CONTRACTORS AND THE CONSTRUCTION INDUSTRY AS A WHOLE ARE MET.
-
MEMBERSHIP FEES PROVIDED MEMBERS WITH BEST-PRACTICE MANAGEMENT TECHNIQUES AND HELPED TO DEVELOP SAFE WORKPLACES AND A HIGH-PERFORMANCE WORKFORCE THROUGH QUALITY EDUCATION AND TRAINING PROGRAMS. THE ORGANIZATION'S PROGRAMS BENEFITED OVER 1,000 PEOPLE AND SERVED OVER 200 MEMBER COMPANIES.
-
NETWORKING, EDUCATION AND TRAINING INCLUDES ANNUAL FUNDRASING EVENT TO GAIN ADDITIONAL FUNDING FOR THE ORGANIZATION'S PROGRAMS THROUGH A CHRISTMAS PARTY AND GOLF TOURNAMENT. THE CHRISTMAS PARTY IS A GREAT CHANCE FOR MEMBERS AND NONMEMBERS TO DISCUSS THE IMPORTANCE OF A SAFE WORK PLACE. THE GOAL OF THE TOURNAMENT IS TO BRING TOGETHER MEMBERS OF THE ORGANIZATION AND PEOPLE THAT ARE INTERESTED IN THE ORGANIZATION TO NETWORK AND BUILD RELATIONSHIPS.
As filed on the 2023 return.
Listed in Part VII
-
FRANTZ BELOT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JOHN BURGGRAF
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JASON COATES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
OLGA DE LA CRUZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
NATHAN GOODRICH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MORGAN GREEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
RICK HIGGINS
PAST CHAIRMA
- Total calculated
- $0
- Hours/week
- 1.5
-
TYSON HORROCKS
GENERAL COUN
- Total calculated
- $0
- Hours/week
- 1.5
-
BRANDON JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JACOB KAPP
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
CRAIG MADSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
GARY PETERSON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
CHRIS REMKES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MIKE SOWBY
CHAIR
- Total calculated
- $0
- Hours/week
- 1.5
-
SAGE THORPE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JUSTIN TORMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
HANNAH WAGNER
AD HOC BOARD
- 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202423209349327292
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