Associated Builders & Contractors Inc
- Assets
- $5.9m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 26
- Location
- Madison, WI
- Founding
- 12/1964
- Data as of
- 12/2022
- EIN
- 39-1158527
Organization Overview
Associated Builders & Contractors Inc is located in Madison, WI. The organization was established in 1964. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2022, Associated Builders & Contractors Inc employed 26 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Associated Builders & Contractors 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 12/2022, Associated Builders & Contractors Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $4.0m during the year ending 12/2022. While expenses have increased by 6.6% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ASSOCIATED BUILDERS AND CONTRACTORS OF WISCONSIN, INC. ("ASSOCIATION"), IS A NOT-FOR-PROFIT CORPORATION DEDICATED TO PROVIDING THE BEST TRAINING, GOVERNMENT AND LEGAL REPRESENTATION, AND PROGRAMS TO ENSURE MEMBERS A COMPETITIVE ADVANTAGE, ADD VALUE TO THE INDUSTRY'S CLIENTS, PROMOTE A SAFE WORK PLACE, AND ENHANCE THE LIVES OF THE INDUSTRY'S EMPLOYEES. THE ASSOCIATION'S VISION IS TO LEAD THE CONSTRUCTION INDUSTRY IN PROMOTING AND DEFENDING THE GUIDING PRINCIPLES OF THE MERIT SHOP AND FREE ENTERPRISE WHEREBY ANYONE CAN SUCCEED SOLELY ON MERIT. THE ASSOCIATED BUILDERS AND CONTRACTORS OF WISCONSIN, INC. IS AN AFFILIATE OF THE ASSOCIATED BUILDERS & CONTRACTORS, INC. (THE NATIONAL ASSOCIATION).
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES MEMBERS WITH EDUCATIONAL PROGRAMS, SUPPORT SERVICES AND MANAGEMENT RESOURCES IN ACCORDANCE WITH ITS EXEMPT PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denita Schreir Secretary | OfficerTrustee | 1 | $0 |
Jeffrey Disher Chair Elect | OfficerTrustee | 1 | $0 |
John Koch Board Member | Trustee | 1 | $0 |
Casey Malesevich Past Chair | OfficerTrustee | 5 | $0 |
Kyle Kraemer Board Member | Trustee | 1 | $0 |
Jessica Cannizzaro Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,495,290 |
| 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 | $2,495,290 |
| Total Program Service Revenue | $1,352,112 |
| Investment income | $71,777 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $15,000 |
| Net Gain/Loss on Asset Sales | $36,657 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,970,836 |
| 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. | $446,311 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,163,577 |
| Pension plan accruals and contributions | $83,525 |
| Other employee benefits | $180,315 |
| Payroll taxes | $115,090 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,283 |
| Fees for services: Accounting | $34,671 |
| Fees for services: Lobbying | $41,563 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $37,941 |
| Fees for services: Other | $69,920 |
| Advertising and promotion | $123,270 |
| Office expenses | $22,836 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $111,234 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $708,565 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,577 |
| Insurance | $42,844 |
| All other expenses | $70,634 |
| Total functional expenses | $4,002,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,356,320 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $444,926 |
| 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 | $481,035 |
| Net Land, buildings, and equipment | $346,614 |
| Investments—publicly traded securities | $2,775,323 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $493,044 |
| Total assets | $5,897,262 |
| Accounts payable and accrued expenses | $171,102 |
| Grants payable | $0 |
| Deferred revenue | $2,320,635 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $485,833 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,965 |
| Total liabilities | $2,983,535 |
| Net assets without donor restrictions | $2,900,296 |
| Net assets with donor restrictions | $13,431 |
| 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 | $5,897,262 |
Grants Awarded
Over the last fiscal year, Associated Builders & Contractors Inc has awarded $34,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WISCONSIN CIVIL JUSTICE COUNCIL INC PURPOSE: TO ASSIST ORGANIZATION IN ITS GOAL TO ACHIEVE FAIRNESS AND EQUITY WITHIN OUR JUDICIAL SYSTEM TO REDUCE UNNECESSARY LITIGATION COSTS AND ENHANCE WISCONSIN'S IMAGE AS A REWARDING PLACE TO LIVE AND WORK. | $10,000 |
UW-STOUT PURPOSE: PROVIDE SUPPORT FOR STUDENT PARTICIPATION IN THE NATIONAL ASSOCIATED BUILDERS AND CONTRACTORS CONSTRUCTION MANAGEMENT COMPETITION HELD AT THE ANNUAL ABC NATIONAL CONVENTION. | $12,000 |
UW-PLATTEVILLE FOUNDATION PURPOSE: PROVIDE SUPPORT FOR STUDENT PARTICIPATION IN THE NATIONAL ASSOCIATED BUILDERS AND CONTRACTORS CONSTRUCTION MANAGEMENT COMPETITION HELD AT THE ANNUAL ABC NATIONAL CONVENTION. | $12,000 |