Form 990 for tax year 2023
Filed by KENTUCKY ASSOCIATION OF MASTER CONTRACTORS INC.
Totals
- Total revenue
- $351,874
- Total expenses
- $380,216
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $235,469
- Investment income
- $21,009
- Other revenue
- $95,396
- Total assets, end of year
- $604,248
- Total liabilities, end of year
- $254,517
- Net assets or fund balances, end of year
- $349,731
- Program services expenses (Part IX)
- $154,349
- Management and general expenses
- $225,867
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $154,349
Program services were 40.6% 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.
-
2a · Program service revenue: MEMBERSHIP DUES
total $219,147 · related or exempt $219,147
-
2b · Program service revenue: CONTINUING EDUCATION
total $13,245 · related or exempt $13,245
-
2c · Program service revenue: CONVENTION
total $3,077 · related or exempt $3,077
-
3 · Investment income
total $20,941 · excluded $20,941
-
7a · Gross sales of assets other than inventory
securities $370
-
7b · Less cost or other basis and sales expenses
securities $302
-
7c · Gain or loss
securities $68
-
7d · Net gain or loss
total $68 · related or exempt $68
-
11a · Other revenue: SERVICE INCOME
total $82,004 · unrelated business $82,004
-
11b · Other revenue: OTHER INCOME
total $13,392 · related or exempt $13,392
-
11e · Other revenue, total
$95,396
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $70,000 · management and general $70,000
-
7 · Other salaries and wages
total $35,896 · management and general $35,896
-
9 · Other employee benefits
total $17,115 · management and general $17,115
-
10 · Payroll taxes
total $7,986 · management and general $7,986
-
11c · Fees: accounting
total $20,478 · management and general $20,478
-
11g · Fees: other
total $52,405 · program services $52,405
-
12 · Advertising and promotion
total $2,605 · program services $2,605
-
13 · Office expenses
total $30,476 · management and general $30,476
-
16 · Occupancy
total $15,488 · program services $15,488
-
17 · Travel
total $3,686 · management and general $3,686
-
19 · Conferences, conventions and meetings
total $49,373 · program services $49,373
-
20 · Interest
total $1,527 · management and general $1,527
-
22 · Depreciation, depletion and amortization
total $11,362 · management and general $11,362
-
23 · Insurance
total $15,041 · management and general $15,041
-
24a · Other expenses: CONFERENCE
total $19,036 · program services $19,036
-
24b · Other expenses: TAXES
total $11,000 · management and general $11,000
-
24c · Other expenses: CONTINUING EDUCATION
total $10,723 · program services $10,723
-
24d · Other expenses: BOARD MEETINGS
total $4,719 · program services $4,719
-
24e · All other expenses
total $1,300 · management and general $1,300
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $48,350 · end of year $50,746
-
4 · Accounts receivable
beginning of year $64,634 · end of year $47,016
-
9 · Prepaid expenses and deferred charges
beginning of year $130 · end of year $82
-
10a · Land, buildings and equipment: cost or other basis
$452,344
-
10b · Land, buildings and equipment: accumulated depreciation
$91,625
-
10c · Land, buildings and equipment, net
beginning of year $371,970 · end of year $360,719
-
11 · Investments: publicly traded securities
beginning of year $34,539 · end of year $33,576
-
12 · Investments: other securities
beginning of year $110,195 · end of year $110,195
-
14 · Intangible assets
beginning of year $2,024 · end of year $1,914
-
17 · Accounts payable and accrued expenses
beginning of year $31,662 · end of year $48,455
-
25 · Other liabilities
beginning of year $220,456 · end of year $206,062
-
27 · Net assets without donor restrictions
beginning of year $379,724 · end of year $349,731
Mission and programs · 2023
Mission
TO PROMOTE THE PLUMBING AND HEATING INDUSTRY.
-
REPRESENT THE INTERESTS OF THE MEMBERS WITH ALL LEVELS OF GOVERNMENT.
Expenses $52,405
-
EDUCATIONAL & TRAINING PROGRAMS FOR MEMBERS AND EMPLOYEES.
Expenses $10,723
-
EDUCATE MEMBERS ABOUT CURRENT ISSUES THAT AFFECT THEIR BUSINESSES.
Expenses $91,221
As filed on the 2023 return.
Listed in Part VII
-
Brian TharpeBRIAN THARPE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim McBeeJIM MCBEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stephen StrongSTEPHEN STRONG
MEMBER AT LA
- Total calculated
- $0
- Hours/week
- 1
-
Bill WoodardBILL WOODARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ron FaulknerRON FAULKNER
EXECUTIVE DI
- Total calculated
- $70,000
- From this org
- $70,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jerry PriceJERRY PRICE
SECRETARY/TR
- Total calculated
- $0
- Hours/week
- 1
-
Charlie PratherCHARLIE PRATHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jenny QuinlanJENNY QUINLAN
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Randy VanhookRANDY VANHOOK
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Doug MinixDOUG MINIX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike WagnerMIKE WAGNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Raymond KilbyRAYMOND KILBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Julie AmburgeyJULIE AMBURGEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike TeasleyMIKE TEASLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Boyce ElzaBOYCE ELZA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Derek BoschertDEREK BOSCHERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kyle StackhouseKYLE STACKHOUSE
INDUSTRY LIA
- Total calculated
- $0
- Hours/week
- 1
-
Angie CaudillANGIE CAUDILL
ALLIANCE PRE
- 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
- 14 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202433209349309638
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