American Subcontractors Association Inc is located in Alexandria, VA. The organization was established in 1969. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Subcontractors Association 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 06/2022, American Subcontractors Association Inc generated $1.4m 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 $1.2m during the year ending 06/2022. 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
AMPLIFY THE VOICE OF AND LEAD TRADE CONTRACTORS TO IMPROVE THE BUSINESS ENVIRONMENT FOR THE CONSTRUCTION INDUSTRY AND TO SERVE AS A STEWARD FOR THE CONSTRUCTION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCACY: ADVOCATE TO PROTECT THE RIGHTS OF CONSTRUCTION SUBCONTRACTORS, SPECIALTY TRADE CONTRACTORS AND SUPPLIERS AND IMPROVE THE BUSINESS ENVIRONMENT BEFORE ALL BRANCHES AND LEVELS OF GOVERNMENT AND THE CONSTRUCTION INDUSTRY. ACHIEVEMENTS INCLUDED IMPACTING KEY FEDERAL LEGISLATIVE AND REGULATORY PROPOSALS CONCERNING FUNDING OF CONSTRUCTION, TAXES, IMMIGRATION, SAFETY AND HEALTH, AND GOVERNMENT PROCUREMENT; DEVELOPING MODEL MATERIALS FOR AND COACHING STATE AND LOCAL SUBCONTRACTOR ORGANIZATIONS ON THEIR ADVOCACY AREAS ON ISSUES SUCH AS PAYMENT, BIDDING AND RISK ALLOCATION; FILING AMICUS BRIEFS CONCERNING SUBCONTRACTOR ISSUES BEFORE NUMEROUS APPEALS COURTS; COLLABORATING WITH OTHER INDUSTRY GROUPS ON BEST PRACTICES AND STANDARD DOCUMENTS.
COMMUNICATIONS: COMMUNICATE WITH MEMBERS, PROSPECTIVE MEMBERS, CHAPTERS AND INDUSTRY GROUPS IN A TIMELY, FOCUSED, INTERACTIVE AND EFFECTIVE MANNER. ACHIEVEMENTS INCLUDED KEEPING MEMBERS INFORMED OF CURRENT EVENTS AND TRENDS THROUGH REGULAR NEWSLETTERS, SPECIAL REPORTS, MAGAZINES, AND WEB SITES; ENCOURAGING COMMUNICATION AMONG MEMBERS AND OTHERS THROUGH THE INTERNET; AND COMMUNICATING WITH AND THROUGH THE MEDIA.
EDUCATION: PROVIDE BUSINESS MANAGEMENT EDUCATION TO THE CONSTRUCTION INDUSTRY. ACHIEVEMENTS INCLUDED PROVIDING EDUCATIONAL PROGRAMMING FOR MEMBERS AND NON-MEMBERS THROUGH IN-PERSON EVENTS, WRITTEN AND RECORDED MATERIALS; TELECONFERENCES; AND THE INTERNET, INCLUDING WEBINARS, TELECONFERENCES AND DISCUSSION GROUPS. REPRESENTED SUBCONTRACTORS IN OTHER INDUSTRY GROUPS PROVIDING ACCREDITATION AND CERTIFICATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rusty Plowman President | OfficerTrustee | 5 | $0 |
Brad Miller Vice President | OfficerTrustee | 5 | $0 |
Brian Carroll Immediate Past President | OfficerTrustee | 5 | $0 |
Raymond Moya Treasurer/secretary | OfficerTrustee | 5 | $0 |
Andrew Christ Director | OfficerTrustee | 1 | $0 |
Richard Bright CEO (see Schedule L) | Officer | 35 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Oscar Policy Group Lobbying Activities | 6/29/22 | $107,995 |
Bright Concepts Coo Services | 6/29/22 | $255,986 |
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 | $51,825 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $51,825 |
Total Program Service Revenue | $1,285,950 |
Investment income | $41,360 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $7,505 |
Net Gain/Loss on Asset Sales | $4,391 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,401,738 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $435,947 |
Fees for services: Legal | $11,251 |
Fees for services: Accounting | $20,790 |
Fees for services: Lobbying | $188,722 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $105,613 |
Advertising and promotion | $0 |
Office expenses | $54,641 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $9,794 |
Travel | $5,408 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $201,800 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,335 |
Insurance | $9,878 |
All other expenses | $12,525 |
Total functional expenses | $1,173,341 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $300 |
Savings and temporary cash investments | $483,543 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,248 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $112,383 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $30,351 |
Net Land, buildings, and equipment | $46,020 |
Investments—publicly traded securities | $1,650,530 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,324,375 |
Accounts payable and accrued expenses | $11,473 |
Grants payable | $0 |
Deferred revenue | $228,769 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $266,256 |
Total liabilities | $506,498 |
Net assets without donor restrictions | $1,541,233 |
Net assets with donor restrictions | $276,644 |
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 | $2,324,375 |
Organization Name | Assets | Revenue |
---|---|---|
Williamsburg Area Chamber Of Commerce Williamsburg, VA | $14,757,466 | $13,076,106 |
House Majority Forward Washington, DC | $4,051,593 | $12,002,258 |
Naiop Inc Herndon, VA | $24,051,800 | $11,820,157 |
Association Of Small Business Development Centers Burke, VA | $3,386,085 | $9,990,521 |
Charlotte Regional Realtor Association Inc Charlotte, NC | $53,438,404 | $12,494,849 |
Real Estate Roundtable Inc Washington, DC | $4,544,529 | $7,445,927 |
North Carolina Association Of Realtors Inc Greensboro, NC | $31,160,587 | $11,391,480 |
The North Carolina Community Action Association Raleigh, NC | $4,811,006 | $8,169,285 |
American Seed Trade Association Alexandria, VA | $7,353,007 | $6,785,185 |
Virginia Association Of Realtors Richmond, VA | $25,601,642 | $9,283,805 |
Raleigh Regional Association Of Realtors Inc Cary, NC | $11,211,879 | $6,674,452 |
Professional Services Council Inc Arlington, VA | $6,239,213 | $6,315,119 |