Form 990 for tax year 2023
Filed by ASSOCIATED BUILDERS AND CONTRACTORS INC.
Totals
- Total revenue
- $2,964,901
- Total expenses
- $2,737,229
- Contributions and grants received
- $1,527,410
- Grants paid
- $10,000
- Program service revenue
- $1,188,313
- Investment income
- $37,769
- Other revenue
- $211,409
- Total assets, end of year
- $3,903,487
- Total liabilities, end of year
- $1,255,760
- Net assets or fund balances, end of year
- $2,647,727
- 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
$1,527,410
-
2a · Program service revenue: MEETINGS & SPECIAL EVE
total $981,255 · related or exempt $981,255
-
2b · Program service revenue: SEMINARS
total $207,058 · related or exempt $207,058
-
3 · Investment income
total $37,769 · excluded $37,769
-
6a · Gross rents
real property $66,568
-
6b · Less rental expenses
real property $36,489
-
6c · Rental income or loss
real property $30,079
-
6d · Net rental income or loss
total $30,079 · excluded $30,079
-
7a · Gross sales of assets other than inventory
securities $800,000
-
7b · Less cost or other basis and sales expenses
securities $800,000
-
7c · Gain or loss
securities $0
-
7d · Net gain or loss
total $0
-
11a · Other revenue: ADVERTISING
total $90,779 · unrelated business $90,779
-
11b · Other revenue: MEMBERSHIP DIRECTORY
total $49,115 · related or exempt $49,115
-
11c · Other revenue: MISCELLANEOUS INCOME
total $35,461 · related or exempt $35,461
-
11d · All other revenue
total $5,975 · unrelated business $5,975
-
11e · Other revenue, total
$181,330
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $10,000
-
5 · Compensation of officers, directors and key employees
total $667,685
-
7 · Other salaries and wages
total $327,179
-
9 · Other employee benefits
total $114,841
-
10 · Payroll taxes
total $75,210
-
11b · Fees: legal
total $4,287
-
11c · Fees: accounting
total $17,500
-
11g · Fees: other
total $3,129
-
13 · Office expenses
total $47,819
-
16 · Occupancy
total $165,033
-
17 · Travel
total $14,238
-
19 · Conferences, conventions and meetings
total $37,616
-
20 · Interest
total $473
-
22 · Depreciation, depletion and amortization
total $57,296
-
23 · Insurance
total $6,271
-
24a · Other expenses: MEMBERSHIP MEETINGS & S
total $565,429
-
24b · Other expenses: DUES
total $452,175
-
24c · Other expenses: SEMINARS
total $74,176
-
24d · Other expenses: PUBICATIONS
total $44,089
-
24e · All other expenses
total $52,783
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $371,326 · end of year $669,688
-
2 · Savings and temporary cash investments
beginning of year $931,942 · end of year $444,627
-
4 · Accounts receivable
beginning of year $17,019 · end of year $18,569
-
8 · Inventories for sale or use
beginning of year $3,914 · end of year $17,959
-
9 · Prepaid expenses and deferred charges
beginning of year $315,648 · end of year $334,158
-
10a · Land, buildings and equipment: cost or other basis
$2,764,880
-
10b · Land, buildings and equipment: accumulated depreciation
$1,405,168
-
10c · Land, buildings and equipment, net
beginning of year $1,431,258 · end of year $1,359,712
-
11 · Investments: publicly traded securities
beginning of year $710,654 · end of year $1,058,156
-
15 · Other assets
beginning of year $618 · end of year $618
-
17 · Accounts payable and accrued expenses
beginning of year $157,950 · end of year $29,725
-
19 · Deferred revenue
beginning of year $1,209,770 · end of year $1,216,212
-
23 · Secured mortgages and notes payable
beginning of year $18,090 · end of year $9,563
-
25 · Other liabilities
beginning of year $270 · end of year $260
-
27 · Net assets without donor restrictions
beginning of year $2,396,299 · end of year $2,647,727
Mission and programs · 2023
Mission
OUR MISSION IS TO PROVIDE SERVICES, PROGRAMS AND COMMUNICATIONS WHICH MEET OR EXCEED THE EXPECTATIONS OF OUR MERIT SHOP GENERAL CONTRACTOR, SUBCONTRACTOR, SUPPLIER AND PROFESSIONAL ASSOCIATE MEMBERS.
Activities or mission (Part I)
THE PRINCIPAL PURPOSE OF THE CORPORATION IS TO OPERATE AS A CHAPTER OF THE NATIONAL ASSOCIATION.
-
THE ASSOCIATION REPRESENTS NUMEROUS MEMBER COMPANIES OFFERING BUSINESS DEVELOPMENT EVENTS AND PRESENTATIONS TO BUSINESSES LOCATED PRIMARILY IN FIVE CENTRAL FLORIDA COUNTIES AROUND ORLANDO. EVENTS INCLUDE AWARDS PROGRAMS WHICH RECOGNIZE EXCELLENCE IN CONSTRUCTION PRACTICES, SAFETY AND EDUCATION, EXPOSITIONS, AND SPORTING EVENTS. PRESENTATIONS WERE MADE TO THE CONSTRUCTION INDUSTRY FROM PUBLIC AND PRIVATE SOURCES ON COMPLIANCE WITH REGULATIONS, ON ECONOMIC STATISTICS AND ON UPCOMING CONSTRUCTION OPPORTUNITIES.
-
THE ASSOCIATION PUBLISHES A BI-MONTHLY NEWSLETTER AND ANNUAL MEMBERSHIP DIRECTORY HIGHLIGHTING ISSUES AND BUSINESSES OF INTEREST TO THE COMMERCIAL CONSTRUCTION INDUSTRY. IT ALSO OFFERS INFORMATION AND RESOURCES TO THE CONSTRUCTION INDUSTRY AND GENERAL PUBLIC ON ITS WEBSITE.
-
THE ASSOCIATION OFFERS CONTINUING EDUCATION COURSES AND TRAINS THOUSANDS OF INDIVIDUALS FROM MEMBER AND NONMEMBER COMPANIES IN CRITICAL OSHA SAFETY COURSES, FIRST AID AND CPR, BLUEPRINT READING, CONSTRUCTION LAW, LEADERSHIP AND PRODUCTIVITY. IT ALSO OFFERS COURSES AND PRESENTATIONS ON LABOR RELATIONS AND COMPLIANCE WITH FEDERAL AND STATE LABOR LAWS.
As filed on the 2023 return.
Listed in Part VII
-
CHRIS EVANS
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
THOMAS WERT
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1.5
-
SCOTT SCRUBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
OSKAR TORRES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
ROY L BURKETT
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1.3
-
MATT WALTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
JUAN GARCIA
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1.3
-
JULIE HOLMES PE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1.3
-
KEVIN BRADFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
RAY BASTIN CPA
TREASURER
- Total calculated
- $0
- Hours/week
- 1.3
-
CARLOS VELASCO
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 1.3
-
CHARLES BRACCO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
MICHAEL JORDAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
EARL LOMAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
DAVID SCHULTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
ROXANA HERNANDEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
JONATHAN SHEPPEARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
DEBBIE RODRIGUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
C L JANESKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
WILLIS MILINER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
DERRICK M VALKENBURG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
MICHAEL C SASSO
GENERAL COUNSEL
- Total calculated
- $0
- Hours/week
- 1.3
-
JASON ALBU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
JOHN SMALLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
CHAD TINETTI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
JOHN KURTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3
-
MICHELE DAUGHERTY
PRESIDENT & CEO
- Total calculated
- $240,008
- From this org
- $240,008
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $190,008
- Bonus
- $38,000
- Other
- $12,000
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $240,008
-
CATHERINE WERT
MEMBERSHP DIRECTOR
- Total calculated
- $100,636
- From this org
- $100,636
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $55,000
- Bonus
- $6,000
- Other
- $39,636
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $100,636
-
NANCY WRAY
VICE PRESIDENT
- Total calculated
- $126,000
- From this org
- $126,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
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
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 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
-
$10,000
2023 IBUILD INVITATIONAL PREMIER SPONSORSHIP
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510699349300961
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