Associated Builders And Contractors is located in Charleston, WV. The organization was established in 1964. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Associated Builders And Contractors employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Associated Builders And Contractors 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 Builders And Contractors generated $535.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $495.0k during the year ending 12/2021. While expenses have increased by 9.8% 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
TRADE ASSOCIATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION PROVIDES TRADITIONAL TRADE ASSOCIATION SERVICES PLUS TRAINING FOR MEMBERS' EMPLOYEES, SAFETY INFORMATION, CLEARING HOUSE FOR BIDDING INFORMATION AND CONTRACTOR AVAILABILITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jason Asbury Vice-Chair | Officer | 2 | $0 |
Jack Merinar Secretary | Officer | 2 | $0 |
Lynn Flink Treasurer | Officer | 5 | $0 |
Greg Hadjis Chairman | Officer | 2 | $0 |
Hollie Massie Board Member | Trustee | 2 | $0 |
Ryan Boyle Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $199,921 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $28,600 |
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 | $228,521 |
Total Program Service Revenue | $283,427 |
Investment income | $124 |
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 | $535,452 |
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 | $155,947 |
Pension plan accruals and contributions | $9,964 |
Other employee benefits | $3,134 |
Payroll taxes | $8,564 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,750 |
Fees for services: Lobbying | $1,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $28,540 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $21,000 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,279 |
Insurance | $38,030 |
All other expenses | $2,772 |
Total functional expenses | $494,977 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $237,483 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $152,107 |
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 | $37,625 |
Net Land, buildings, and equipment | $131,166 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $558,381 |
Accounts payable and accrued expenses | $46,893 |
Grants payable | $0 |
Deferred revenue | $277,455 |
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 | $32,130 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $356,478 |
Net assets without donor restrictions | $161,766 |
Net assets with donor restrictions | $40,137 |
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 | $558,381 |
Over the last fiscal year, we have identified 1 grants that Associated Builders And Contractors has recieved totaling $25,500.
Awarding Organization | Amount |
---|---|
Americans For Prosperity Arlington, VA PURPOSE: GENERAL SUPPORT | $25,500 |
Organization Name | Assets | Revenue |
---|---|---|
Packaging Machinery Manufacturers Institute Inc Herndon, VA | $71,869,344 | $62,733,082 |
Consumer Technology Association Arlington, VA | $357,760,838 | $25,474,279 |
Mexican Haas Avocado Importers Association Fallston, MD | $10,238,623 | $43,648,629 |
Fs-Isac Inc Reston, VA | $27,418,346 | $31,957,295 |
National Association Of Convenience Stores Inc Alexandria, VA | $81,131,547 | $56,800,862 |
Air-Conditioning Heating And Refrigeration Institute Arlington, VA | $58,066,234 | $32,390,159 |
Go Rving Inc Reston, VA | $28,984,123 | $37,260,082 |
National Milk Producers Federation Arlington, VA | $39,144,677 | $53,985,808 |
American Association Of Airport Executives Alexandria, VA | $31,151,300 | $20,490,750 |
National Electrical Manufacturers Association Rosslyn, VA | $26,880,642 | $22,525,604 |
National Automated Clearing House Association Herndon, VA | $25,037,618 | $23,028,572 |
Regional Industrial Development Corporation Of Sw Pa Pittsburgh, PA | $178,323,730 | $33,758,702 |