Associated Builders And Contractors Inc Rio Grande Chapter is located in Albuquerque, NM. The organization was established in 2000. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Associated Builders And Contractors Inc Rio Grande Chapter is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Associated Builders And Contractors Inc Rio Grande Chapter generated $951.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $819.4k during the year ending 12/2021. While expenses have increased by 9.1% 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
PROVIDE EDUCATIONAL APPRENTICESHIP PROGRAMS TO ASSIST IN THE TRAINING AND DEVELOPMENT OF INDIVIDUALS AS EMPLOYEES WITHIN THE CONSTRUCTION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING VARYING NUMBERS OF APPRENTICES IN THE CONSTRUCTION TRADES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jerry Morgan Vice Chairma | OfficerTrustee | 2 | $0 |
Jim Wilson Chairman | OfficerTrustee | 2 | $0 |
Scott Peck Treasurer | OfficerTrustee | 2 | $0 |
Ron Sisneros Past Chairma | OfficerTrustee | 2 | $0 |
Carla M Kugler President | Officer | 2 | $0 |
Greta Schouman VP Of Appren | Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $215,642 |
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 | $215,642 |
Total Program Service Revenue | $735,468 |
Investment income | $22 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $951,132 |
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 | $0 |
Fees for services: Accounting | $9,532 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $227,144 |
Advertising and promotion | $3,126 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $67,186 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $657 |
Interest | $84,841 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $101,241 |
Insurance | $14,615 |
All other expenses | $9,700 |
Total functional expenses | $819,391 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $914,650 |
Pledges and grants receivable | $5,000 |
Accounts receivable, net | $89,869 |
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 | $13,681 |
Net Land, buildings, and equipment | $3,153,031 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,176,231 |
Accounts payable and accrued expenses | $25,645 |
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 | $1,627,926 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $155,300 |
Total liabilities | $1,808,871 |
Net assets without donor restrictions | $2,358,017 |
Net assets with donor restrictions | $9,343 |
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 | $4,176,231 |
Over the last fiscal year, we have identified 1 grants that Associated Builders And Contractors Inc Rio Grande Chapter has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
North American University Stafford, TX | $17,187,030 | $12,287,470 |
Genesys Works Houston, TX | $3,513,316 | $7,886,001 |
E-Institute Charter School Inc Glendale, AZ | $5,349,223 | $5,255,212 |
Calibre Academy Inc Glendale, AZ | $11,926,641 | $5,251,509 |
Agape Development Ministries Houston, TX | $5,335,198 | $3,787,112 |
Gulf Coast Trades Center New Waverly, TX | $3,594,934 | $4,661,220 |
National Tactical Officers Association Colorado Springs, CO | $2,706,085 | $5,194,177 |
Rgr Industries Inc Weslaco, TX | $113,711 | $4,345,199 |
Local 798 Training Center Tulsa, OK | $15,089,944 | $2,364,355 |
The Texas International Institute Of Health Professions Houston, TX | $1,051,100 | $3,423,750 |
Leaders In Education Houston, TX | $4,759,065 | $5,189,161 |
Valley Grande Institute For Academic Studies Weslaco, TX | $6,074,695 | $3,497,097 |