Adsc The International Association Of Foundation Drilling

Organization Overview

Adsc The International Association Of Foundation Drilling, operating under the name Assoc Of Drilled Shaft Contractors, is located in Southlake, TX. The organization was established in 2000. 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, Assoc Of Drilled Shaft Contractors employed 12 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Assoc Of Drilled Shaft 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 12/2022, Assoc Of Drilled Shaft Contractors generated $2.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. 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

PROMOTE, FOSTER, AND ADVANCE THE DRILLED SHAFT, ANCHORED EARTH, AND MISCROPILE INDUSTRIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEETING AND SEMINARS - FOUR BOARD MEETINGS PER YEAR ARE OPEN TO ALL MEMBERS AND GUESTS AND PROVIDE EDUCATION SESSIONS. NUMEROUS TECHNICAL SEMINARS ARE SPONSORED, SOME IN CONJUNCTON WITH UNIVERSITIES AND TRADE ASSOCIATIONS.


SAFETY TRAINING SERVICES - THE DIRECTOR OF SAFETY FROM THE ORGANIZATION TEACHES SAFETY CLASSES.


MAGAZINE - "FOUNDATION DRILLING" MAGAZINE IS PUBLISHED FOR GENERAL DISTRIBUTION TO THE DEEP FOUNDATION DRILLING INDUSTRY, PROVIDING TECHNICAL INFORMATION AND RESOURCES.MEMBERSHIP DIRECTORY - PUBLISHED TO ENABLE MEMBERS TO READILY COMMUNICATE WITH ONE ANOTHER AND TO ESTABLISH WHICH PRODUCTS AND SERVICES EACH MEMBER PROVIDES THE INDUSTRY.


MEMBER SERVICES - GET INDUSTRY UPDATES, IMPERATIVE SAFETY INFORMATION, EDUCATIONAL OPPORTUNITIES, AND NETWORKING WITH OTHERS IN THE FOUNDATION DRILLING INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Chris Harris
President
$0
Dave Hicks
Vice President
$0
Travis Parker
Treasurer
$0
Charles Braun
Assoc Chair
$0
Mauro Scanga
Imm Past President
$0
Alissa Maxwell Weiss
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hagerty Engineering Inc
Technical Consultant
$134,660
Parkway Tower Llc
Rents
$114,656
View All Vendors

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$2,209,530
Investment income $10,342
Tax Exempt Bond Proceeds $0
Royalties $8,313
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $13,384
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,338,961

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