Associated Builders And Contractors Inc

Organization Overview

Associated Builders And Contractors Inc is located in North Little Rock, AR. 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 12/2022, Associated Builders And Contractors Inc employed 17 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Associated Builders And 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 And Contractors Inc generated $940.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $911.0k during the year ending 12/2022. While expenses have increased by 5.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE BUSINESS DEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE NUMEROUS PROGRAMS AND SPEAKERS ON A WIDE VARIETY OF TOPICS OF INTEREST IN THE CONSTRUCTION INDUSTRY INCLUDING LABOR ISSUES, MANAGEMENT, BUSINESS DEVELOPMENT, EMPLOYEE TRAINING, SAFETY CONCERNS, AND FINANCIAL PLANNING.


TO PROVIDE A MAGAZINE FOR ITS MEMBERS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$559,521
Fundraising events$40,850
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$22,897
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$623,268
Total Program Service Revenue$289,513
Investment income $15
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $27,245
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 $940,041

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