Associated Builders & Contractors Of Southern California Inc Merit is located in Anaheim, CA. The organization was established in 2004. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. Associated Builders & Contractors Of Southern California Inc Merit is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Associated Builders & Contractors Of Southern California Inc Merit generated $4.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $3.1m during the year ending 12/2021. While expenses have increased by 6.5% 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
THE ORGANIZATION PROVIDES APPROVED APPRENTICESHIP TRAINING PROGRAMS AND APPROVED JOURNEYMEN UPGRADE TRAINING PROGRAMS IN THE CONSTRUCTION INDUSTRY. IT PROMOTES THE OPEN SHOP CONSTRUCTION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES APPROVED APPRENTICESHIP TRAINING PROGRAMS AND APPROVED JOURNEYMEN UPGRADE TRAINING PROGRAMS IN THE CONSTRUCTION INDUSTRY. IT PROMOTES THE OPEN SHOP CONSTRUCTION INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Vsmiley Trustee | Trustee | 1 | $1,750 |
Richard Deisher Chairman | Trustee | 1 | $0 |
James Kerr Secretary/trustee | Trustee | 1 | $0 |
Doug Lyvers Trustee | Trustee | 1 | $0 |
Jon Krystafik Trustee | Trustee | 1 | $0 |
Joshua Reyes Trustee | Trustee | 1 | $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 | $359,584 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $359,584 |
Total Program Service Revenue | $3,555,398 |
Investment income | $127,047 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $173,020 |
Net Gain/Loss on Asset Sales | $639,597 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,854,646 |
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 | $0 |
Fees for services: Legal | $179,673 |
Fees for services: Accounting | $38,170 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $13,881 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $142,127 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $14,905 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $590 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $181,908 |
Insurance | $23,135 |
All other expenses | $220,686 |
Total functional expenses | $3,085,418 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,641,153 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $254,298 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $52,739 |
Prepaid expenses and deferred charges | $32,639 |
Net Land, buildings, and equipment | $12,928,143 |
Investments—publicly traded securities | $2,941,075 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $17,850,047 |
Accounts payable and accrued expenses | $120,886 |
Grants payable | $0 |
Deferred revenue | $50,900 |
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 | $6,695,275 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $136,503 |
Total liabilities | $7,003,564 |
Net assets without donor restrictions | $10,846,483 |
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 | $17,850,047 |
Organization Name | Assets | Revenue |
---|---|---|
Carpenters Apprenticeship And Training Tr Fund For No Calif Oakland, CA | $171,540,821 | $34,465,200 |
Apprentice & Journeyman Trg Tr Fund Of So Ca Plmg Htg & Piping Indus Van Nuys, CA | $88,595,623 | $30,355,714 |
San Jose Conservation Corps San Jose, CA | $19,791,055 | $20,498,462 |
Ubc National Job Corps Training Fund Inc Las Vegas, NV | $4,409,802 | $17,106,276 |
Operating Engineers And Participating Employers Pre-Appren Alameda, CA | $54,508,711 | $21,288,899 |
Tehama County Opportunity Center Inc Red Bluff, CA | $4,972,535 | $13,091,627 |
Los Angeles Electrical Joint Apprenticeship & Educational Train City of Commerce, CA | $32,592,862 | $16,750,183 |
Downtown Streets Inc San Jose, CA | $3,579,891 | $11,604,871 |
Sheet Metal Workers 104 & Bay Area Industry Training Fund Livermore, CA | $46,216,539 | $11,273,871 |
Apprenticeship & Training Trust Fund Ua Local 342 Concord, CA | $41,675,509 | $8,305,239 |
Northwest Youth Corps Eugene, OR | $6,403,565 | $10,014,381 |
Uaw-Labor Employment And Training Corporation Cerritos, CA | $10,535,605 | $8,720,083 |