Associated Building Contractors Of Fort Wayne Inc is located in Fort Wayne, IN. The organization was established in 1937. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Associated Building Contractors Of Fort Wayne Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Associated Building Contractors Of Fort Wayne Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Associated Building Contractors Of Fort Wayne Inc generated $374.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $379.4k during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE REGION'S COMMERCIAL CONSTRUCTION INDUSTRY BY PROVIDING EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR ITS MEMBERS AND THE COMMUNITY AT LARGE WITH A STRONG FOCUS ON WORKFORCE AND ECONOMIC DEVELOPMENT, SAFETY, AND GOVERNMENTAL / REGULATORY AFFAIRS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCEMENT OF THE REGION'S COMMERCIAL CONSTRUCTION INDUSTRY BY PROVIDING EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR ITS MEMBERS AND THE COMMUNITY AT LARGE WITH A STRONG FOCUS ON WORKFORCE AND ECONOMIC DEVELOPMENT, SAFETY, AND GOVERNMENTAL / REGULATORY AFFAIRS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lori Harvey Executive Di | Officer | 40 | $56,770 |
Brad Smith Past Preside | OfficerTrustee | 2 | $0 |
Greg Lynch President | OfficerTrustee | 2 | $0 |
Jake Fetters 1st Vice Pre | OfficerTrustee | 2 | $0 |
Brandon Bushee Treasurer | OfficerTrustee | 2 | $0 |
Gary Voirol 2nd Vice Pre | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $373,018 |
Investment income | $17 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $374,384 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $73,818 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $57,378 |
Pension plan accruals and contributions | $1,350 |
Other employee benefits | $12,809 |
Payroll taxes | $9,002 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,445 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $7,970 |
Information technology | $8,292 |
Royalties | $0 |
Occupancy | $9,296 |
Travel | $3,607 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $148,421 |
Interest | $3,844 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $16,050 |
Insurance | $4,308 |
All other expenses | $0 |
Total functional expenses | $379,350 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $226,885 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $6,218 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $125 |
Net Land, buildings, and equipment | $310,749 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $543,977 |
Accounts payable and accrued expenses | $12,602 |
Grants payable | $0 |
Deferred revenue | $182,273 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $32,590 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $84,882 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $312,347 |
Net assets without donor restrictions | $228,380 |
Net assets with donor restrictions | $3,250 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $543,977 |