Associated Contractors Of New Mexico
- Assets
- $2.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 7
- Location
- Albuquerque, NM
- Founding
- 09/1961
- Data as of
- 12/2021
- EIN
- 85-0020740
Organization Overview
Associated Contractors Of New Mexico is located in Albuquerque, NM. The organization was established in 1961. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Associated Contractors Of New Mexico employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Associated Contractors Of New Mexico 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 12/2021, Associated Contractors Of New Mexico generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 1.9% 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 ORGANIZATIONS MISSION IS TO PROVIDE ITS MEMBERS WITH THE OPPORTUNITY TO WORK COLLECTIVELY TO DEVELOP INFORMATIONAL AND EDUCATIONAL PROGRAMS TO IMPROVE THE OVERALL WORK PRACTICES OF THE INDUSTRY, AND PROVIDE A FORUM FOR INDUSTRY NETWORKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDUSTRY TRAINING: THE INDUSTRY TRAINING PROGRAM PROVIDES A TRAINING AND CERTIFICATION PROGRAM WHICH IS RUN JOINTLY WITH THE NEW MEXICO DEPARTMENT OF TRANSPORTATION. IT PROVIDES INDUSTRY SPECIFIC MATERIALS TESTING AND CERTIFICATION TRAINING. 1,120 STUDENTS PARTICIPATED IN THE PROGRAM IN 2021.
MEMBER EVENTS: THE ORGANIZATION HAS SOCIAL/NETWORKING EVENTS EACH YEAR TO BENEFIT THE MEMBERS, INDUSTRY, AND COMMUNITY. THE SPORTING CLAY EVENT HAD 146 PARTICIPANTS, THE CLC TOURNAMENT HAD 129 PARTICIPANTS, THE GOLF CLASSIC HAD 133 PARTICIPANTS, THE STATE CONVENTION HAD 195 PARTICIPANTS, AND THE HOLIDAY DINNER EVENT HAD 237 PARTICIPANTS.
INDUSTRY EDUCATION: THE INDUSTRY EDUCATION PROGRAM INCLUDES PROVIDING IN-HOUSE TRAINING PROGRAMS FOR INDUSTRY EMPLOYEES. THREE NEW CLASSES WERE ADDED IN 2020. THERE WERE A TOTAL OF 1,450 STUDENTS IN THIS PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Garcia Executive Director | Officer | 50 | $132,200 |
Patrick Shaw Board Past President | OfficerTrustee | 1 | $0 |
Richard Montoya Board Secretary Treasurer | OfficerTrustee | 2 | $0 |
James Fields Board President | OfficerTrustee | 3 | $0 |
Kyle High Board Vice President | OfficerTrustee | 2 | $0 |
Frank Sanchez Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $874,066 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $139,488 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,013,554 |
| Total Program Service Revenue | $524,951 |
| Investment income | $648 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $26,076 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $56,135 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,641,034 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,367 |
| Grants and other assistance to domestic individuals. | $9,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $132,200 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $239,834 |
| Pension plan accruals and contributions | $9,674 |
| Other employee benefits | $61,533 |
| Payroll taxes | $30,959 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,099 |
| Fees for services: Lobbying | $50,210 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,098 |
| Advertising and promotion | $3,250 |
| Office expenses | $29,078 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,906 |
| Travel | $27,512 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,880 |
| Interest | $0 |
| Payments to affiliates | $34,435 |
| Depreciation, depletion, and amortization | $39,592 |
| Insurance | $5,644 |
| All other expenses | $482,425 |
| Total functional expenses | $1,297,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $191,462 |
| Savings and temporary cash investments | $922,306 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $192,803 |
| 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 | $2,132 |
| Net Land, buildings, and equipment | $955,826 |
| Investments—publicly traded securities | $49,550 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,314,079 |
| Accounts payable and accrued expenses | $14,748 |
| 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 | $0 |
| Total liabilities | $14,748 |
| Net assets without donor restrictions | $2,299,331 |
| 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 | $2,314,079 |
Grants Awarded
Over the last fiscal year, Associated Contractors Of New Mexico has awarded $19,104 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NM APPLESEED PURPOSE: General program | $9,702 |
ALZHEIMERS ASSOCIATION PURPOSE: General program | $9,402 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
City Of Glendale Municipal Property Corporation Glendale, AZ | $246,934,000 | $15,805,000 |
Sun City Oro Valley Community Association Inc Oro Valley, AZ | $28,029,235 | $8,742,643 |
Estrella Joint Committee Inc A Non-Profit Corporation Scottsdale, AZ | $5,462,539 | $8,224,629 |
Villages At Estrella Mountain Ranch Community Association Scottsdale, AZ | $5,670,197 | $7,276,595 |
Communities In Schools Of Brazoria County Inc Alvin, TX | $741,807 | $4,918,013 |
Capacity Builders Inc Farmington, NM | $637,038 | $4,802,457 |
Gleannloch Farms Community Association Inc Houston, TX | $4,874,124 | $3,880,378 |
Rice-Land Lumber Company Houston, TX | $95,161,715 | $3,705,155 |
Wholesale Beer Distributors Of Texas Inc Austin, TX | $8,362,490 | $3,890,764 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Lubbock, TX | $3,575,076 | $4,109,109 |
Homeless Network Of Texas Austin, TX | $911,580 | $2,708,161 |
Downtown Denver Inc Denver, CO | $16,400,414 | $3,557,827 |