Georgia Highway Contractors Association Inc is located in Alpharetta, GA. The organization was established in 1947. 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 12/2023, Georgia Highway Contractors Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Highway Contractors 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 12/2023, Georgia Highway Contractors Association Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $2.8m during the year ending 12/2023. While expenses have increased by 7.3% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES INDUSTRY INFORMATION AND OTHER SERVICES TO ITS MEMBERS. THE ORGANIZATION ALSO ACTS AS A LIAISON BETWEEN ITS MEMBERS AND VARIOUS GOVERNMENT AGENCIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES INDUSTRY INFORMATION AND OTHER SERVICES TO ITS MEMBERS. THE ORGANIZATION ALSO ACTS AS A LIASON BETWEEN ITS MEMBERS AND VARIOUS GOVERNMENT AGENCIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Reece Akins Board Member | Trustee | 2 | $0 |
Michael Bell Treasurer | OfficerTrustee | 4 | $0 |
Scott Briscoe Chairman | OfficerTrustee | 4 | $0 |
Jarod Cheney Board Member | Trustee | 2 | $0 |
Dan Garcia Board Member | Trustee | 2 | $0 |
Trey Googe Board Member | Trustee | 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 | $2,555,799 |
Investment income | $31,212 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$2,247 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $20,856 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,889,333 |
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 | $739,336 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $92,832 |
Payroll taxes | $38,234 |
Fees for services: Management | $0 |
Fees for services: Legal | $26,672 |
Fees for services: Accounting | $11,475 |
Fees for services: Lobbying | $88,360 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $132,245 |
Advertising and promotion | $0 |
Office expenses | $36,820 |
Information technology | $672 |
Royalties | $0 |
Occupancy | $60,744 |
Travel | $64,196 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $855,654 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,030 |
Insurance | $20,155 |
All other expenses | $195,418 |
Total functional expenses | $2,832,130 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $363,417 |
Savings and temporary cash investments | $254,195 |
Pledges and grants receivable | $8 |
Accounts receivable, net | $509,191 |
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 | $0 |
Net Land, buildings, and equipment | -$50,504 |
Investments—publicly traded securities | $699,169 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $64,260 |
Other assets | $105,456 |
Total assets | $1,945,192 |
Accounts payable and accrued expenses | -$30,000 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $58,603 |
Total liabilities | $28,603 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $1,916,589 |
Total liabilities and net assets/fund balances | $1,945,192 |