Associated Builders And Contractors Inc
- Assets
- $5.0m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 41
- Location
- Livermore, CA
- Founding
- 12/1964
- Data as of
- 12/2021
- EIN
- 94-2331973
Organization Overview
Associated Builders And Contractors Inc is located in Livermore, CA. The organization was established in 1964. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, Associated Builders And Contractors Inc employed 41 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 12/2021, Associated Builders And Contractors Inc generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 12.5% 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
TO PROMOTE FREE ENTERPRISE BY ADVANCING THE MERIT SHOP PHILOSOPHY IN THE CONSTRUCTION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEMINARS COVERING CONSTRUCTION-RELATED TOPICS ARE BEING PROVIDED FOR PROSPECTIVE MEMBERS, COMMUNITY PARTNERS, MEMBERS, AND MEMBER EMPLOYEES.
CHAPTER MEETINGS ARE HELD PERIODICALLY TO CONDUCT ASSOCIATION BUSINESS AND PROVIDE MEMBERS WITH A NETWORKING OPPORTUNITY AND PROVIDE EDUCATIONAL OPPORTUNITIES THROUGH GUEST SPEAKERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Daugherty President | Officer | 26 | $194,303 |
Nicole Goehring Community & Government Rel | 36 | $93,618 | |
Charles Vernocy Vice President | Officer | 15 | $80,186 |
Sergio Cortez Workforce Development Mana | 23 | $75,671 | |
Anne Quick VP Education & Outreach | 16 | $47,120 | |
Indiana Ortega VP Business Development | 19 | $2,260 |
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 | $3,116,530 |
| Investment income | $30,566 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $300 |
| Net Gain/Loss on Asset Sales | $13,072 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$413 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,161,884 |
| 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. | $285,143 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $631,441 |
| Pension plan accruals and contributions | $28,331 |
| Other employee benefits | $111,345 |
| Payroll taxes | $79,738 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,197 |
| Fees for services: Accounting | $45,018 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,642 |
| Fees for services: Other | $0 |
| Advertising and promotion | $38,371 |
| Office expenses | $116,510 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,088 |
| Travel | $5,150 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,661 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,953 |
| Insurance | $22,277 |
| All other expenses | $82,549 |
| Total functional expenses | $2,452,647 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,083,081 |
| Savings and temporary cash investments | $1,536,567 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $579,300 |
| 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 | $46,729 |
| Net Land, buildings, and equipment | $51,421 |
| Investments—publicly traded securities | $1,642,880 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,828 |
| Total assets | $4,959,806 |
| Accounts payable and accrued expenses | $413,406 |
| Grants payable | $0 |
| Deferred revenue | $1,376,388 |
| 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 | $16,041 |
| Other liabilities | $253,492 |
| Total liabilities | $2,059,327 |
| Net assets without donor restrictions | $2,900,479 |
| 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 | $4,959,806 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Associated Builders And Contractors Inc has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Trimmer Construction Education Foundation Washington, DC PURPOSE: PROGRAM SUPPORT | $6,000 |