Alabama Road Builders Association Inc
- Assets
- $1.0m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Montgomery, AL
- Founding
- 05/1964
- Data as of
- 09/2023
- EIN
- 63-0005340
Organization Overview
Alabama Road Builders Association Inc is located in Montgomery, AL. The organization was established in 1964. 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 09/2023, Alabama Road Builders Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Road Builders 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 09/2023, Alabama Road Builders Association Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $1.2m during the year ending 09/2023. While expenses have increased by 4.6% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER AND PROMOTE THE FINEST IN TRANSPORTATION FOR THE STATE OF ALABAMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANNUAL CONVENTION PROVIDES EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR MEMBERS. GOLF & TENNIS TOURNAMENTS PROVIDE NETWORKING OPPORTUNITIES FOR MEMBERS AND NON-MEMBERS.
TRAVEL & MEETINGS
MEMBERSHIP NEWSLETTERS AND DIRECTORIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Andrews Director | Trustee | 0 | $0 |
Brett Armstrong Director | Trustee | 0 | $0 |
Clinton Berry Director | Trustee | 0 | $0 |
Chris Brown Director | Trustee | 0 | $0 |
Sonny Bunn Director | Trustee | 0 | $0 |
Chris Cannon Director | Trustee | 0 | $0 |
Financial Statements
| 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 | $951,077 |
| Investment income | $32,446 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,225 |
| Net Rental Income | $12,600 |
| Net Gain/Loss on Asset Sales | -$806 |
| Net Income from Fundraising Events | -$685 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,090,063 |
| 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. | $284,662 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,777 |
| Pension plan accruals and contributions | $405 |
| Other employee benefits | $7,888 |
| Payroll taxes | $18,192 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105,208 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,107 |
| Fees for services: Other | $0 |
| Advertising and promotion | $66,445 |
| Office expenses | $26,132 |
| Information technology | $6,476 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $21,080 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $220,037 |
| Interest | $57 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,583 |
| Insurance | $5,814 |
| All other expenses | $55,389 |
| Total functional expenses | $1,156,853 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,772 |
| Savings and temporary cash investments | $606,185 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $138,354 |
| 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 | $155,661 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,158 |
| Total assets | $1,038,130 |
| Accounts payable and accrued expenses | $59,833 |
| Grants payable | $0 |
| Deferred revenue | $34,830 |
| 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 | $10,158 |
| Total liabilities | $104,821 |
| Net assets without donor restrictions | $933,309 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,038,130 |