Form 990 for tax year 2024
Filed by ASSOCIATED BUILDERS AND CONTRACTORS INC.
Totals
- Total revenue
- $1,643,465
- Total expenses
- $1,567,193
- Contributions and grants received
- $763,472
- Grants paid
- $0
- Program service revenue
- $683,087
- Investment income
- $28,381
- Other revenue
- $168,525
- Total assets, end of year
- $1,746,798
- Total liabilities, end of year
- $774,222
- Net assets or fund balances, end of year
- $972,576
- 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.
-
1b · Membership dues
$761,472
-
1f · All other contributions, gifts and grants
$2,000
-
2a · Program service revenue: MEETINGS AND SEMINARS
total $489,073 · related or exempt $489,073
-
2b · Program service revenue: VERMONT APPRENTICESHIP
total $83,664 · related or exempt $83,664
-
2c · Program service revenue: FUTURE LEADERS IN CONS
total $79,745 · related or exempt $79,745
-
2d · Program service revenue: SECTOR PARTNER INITIAT
total $30,605 · related or exempt $30,605
-
3 · Investment income
total $21,823 · excluded $21,823
-
7a · Gross sales of assets other than inventory
securities $265,587
-
7b · Less cost or other basis and sales expenses
securities $259,029
-
7c · Gain or loss
securities $6,558
-
7d · Net gain or loss
total $6,558 · related or exempt $6,558
-
8a · Fundraising events: gross income
$71,653
-
8b · Fundraising events: direct expenses
$51,669
-
8c · Net income from fundraising events
total $19,984 · excluded $19,984
-
11a · Other revenue: TRUST COMPENSATION
total $58,000 · unrelated business $58,000
-
11b · Other revenue: ADVERTISING INCOME
total $53,870 · unrelated business $53,870
-
11c · Other revenue: MISCELLANEOUS INCOME
total $36,671 · related or exempt $36,671
-
11e · Other revenue, total
$148,541
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $178,566
-
7 · Other salaries and wages
total $358,768
-
8 · Pension plan contributions
total $7,176
-
9 · Other employee benefits
total $65,875
-
10 · Payroll taxes
total $39,254
-
11c · Fees: accounting
total $24,359
-
11d · Fees: lobbying
total $16,340
-
11f · Fees: investment management
total $3,563
-
12 · Advertising and promotion
total $52,119
-
13 · Office expenses
total $52,393
-
16 · Occupancy
total $78,016
-
17 · Travel
total $12,586
-
19 · Conferences, conventions and meetings
total $330,965
-
22 · Depreciation, depletion and amortization
total $9,719
-
23 · Insurance
total $8,337
-
24a · Other expenses: NATIONAL DUES
total $189,872
-
24b · Other expenses: VERMOUNT APPRENTICESHIP
total $42,241
-
24c · Other expenses: MISCELLANEOUS EXPENSE
total $32,286
-
24d · Other expenses: FUTURE LEADERS IN CONST
total $25,765
-
24e · All other expenses
total $38,993
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $195,131 · end of year $81,846
-
2 · Savings and temporary cash investments
beginning of year $556,869 · end of year $745,947
-
4 · Accounts receivable
beginning of year $57,669 · end of year $58,362
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $17,717
-
9 · Prepaid expenses and deferred charges
beginning of year $120,507 · end of year $152,818
-
10a · Land, buildings and equipment: cost or other basis
$341,632
-
10b · Land, buildings and equipment: accumulated depreciation
$181,300
-
10c · Land, buildings and equipment, net
beginning of year $170,051 · end of year $160,332
-
11 · Investments: publicly traded securities
beginning of year $457,970 · end of year $487,139
-
15 · Other assets
beginning of year $109,069 · end of year $42,637
-
17 · Accounts payable and accrued expenses
beginning of year $66,458 · end of year $41,704
-
19 · Deferred revenue
beginning of year $601,274 · end of year $696,067
-
25 · Other liabilities
beginning of year $107,869 · end of year $36,451
-
27 · Net assets without donor restrictions
beginning of year $891,665 · end of year $972,576
Mission and programs · 2024
Mission
TO PROVIDE EDUCATIONAL SERVICES AND SUPPORT FOR BUILDERS AND CONTRACTORS IN NEW HAMPSHIRE AND VERMONT AND TO REPRESENT THE CONSTRUCTION INDUSTRY AS A COHESIVE GROUP OF PROFESSIONALS.
-
TRAINING AND EDUCATIONAL SEMINARS ARE HELD FOR MEMBERS TO PROMOTE THE BUILDING AND CONSTRUCTION INDUSTRY. THERE WERE 289 MEMBERS DURING 2024. 95 EDUCATION PROGRAMS WERE PROVIDED TO DEVELOP MEMBERS' SKILLS AND EDUCATE THEM ON INDUSTRY TRENDS. THERE WERE ALSO 14 NETWORKING EVENTS FOR BUSINESS DEVELOPMENT AND AN ANNUAL SAFETY AWARDS BANQUET.
As filed on the 2024 return.
Listed in Part VII
-
Joshua P ReapJOSHUA P REAP
PRESIDENT
- Total calculated
- $178,566
- From this org
- $149,908
- From related orgs
- $0
- Other
- $28,658
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,908
- Bonus
- $0
- Other
- $0
- Deferred
- $6,943
- Nontaxable benefits
- $21,715
- Filer's total
- $178,566
-
Dan SmithDAN SMITH
NATIONAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Matt WheatonMATT WHEATON
NATIONAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Eric HornerERIC HORNER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Kelli D'AmoreKELLI D'AMORE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Matt JohnsonMATT JOHNSON
NATIONAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Greg BairamGREG BAIRAM
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Ron CiottiRON CIOTTI
NATIONAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
William HickeyWILLIAM HICKEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joel PickeringJOEL PICKERING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gary ThomasGARY THOMAS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Tom Sullivan JrTOM SULLIVAN JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ryan FoyeRYAN FOYE
EX-OFFICIO - TRUST ADMIN.
- Total calculated
- $0
- Hours/week
- 1
-
Morgan DunsonMORGAN DUNSON
EX-OFFICIO - YPG REPRESENT
- Total calculated
- $0
- Hours/week
- 1
-
John GilbertJOHN GILBERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff ComeauJEFF COMEAU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike DibaccoMIKE DIBACCO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daryl LuterDARYL LUTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Josh WiseJOSH WISE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jay EdwardsJAY EDWARDS
EX-OFFICIO - 401K ADMINIST
- 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
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 28 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503019349300515
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