Associated Building Contractors Of Fort Wayne Inc is located in Fort Wayne, IN. The organization was established in 1937. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Associated Building Contractors Of Fort Wayne Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Associated Building Contractors Of Fort Wayne 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 12/2022, Associated Building Contractors Of Fort Wayne Inc generated $423.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $422.1k during the year ending 12/2022. While expenses have increased by 2.2% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE REGION'S COMMERCIAL CONSTRUCTION INDUSTRY BY PROVIDING EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR ITS MEMBERS AND THE COMMUNITY AT LARGE WITH A STRONG FOCUS ON WORKFORCE AND ECONOMIC DEVELOPMENT, SAFETY, AND GOVERNMENTAL / REGULATORY AFFAIRS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCEMENT OF THE REGION'S COMMERCIAL CONSTRUCTION INDUSTRY BY PROVIDING EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR ITS MEMBERS AND THE COMMUNITY AT LARGE WITH A STRONG FOCUS ON WORKFORCE AND ECONOMIC DEVELOPMENT, SAFETY, AND GOVERNMENTAL / REGULATORY AFFAIRS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brad Smith Past Preside | OfficerTrustee | 2 | $0 |
Greg Lynch President | OfficerTrustee | 2 | $0 |
Jake Fetters 1st Vice Pre | OfficerTrustee | 2 | $0 |
Brandon Bushee Treasurer | OfficerTrustee | 2 | $0 |
Brian Gerig Director | Trustee | 2 | $0 |
Ryan Hellinger Director | Trustee | 2 | $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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $422,818 |
Investment income | $9 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$73 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $423,442 |
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. | $72,351 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $71,776 |
Pension plan accruals and contributions | $1,559 |
Other employee benefits | $14,040 |
Payroll taxes | $10,003 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,964 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $8,473 |
Information technology | $5,384 |
Royalties | $0 |
Occupancy | $10,139 |
Travel | $3,274 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $176,795 |
Interest | $4,149 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $15,872 |
Insurance | $4,548 |
All other expenses | $0 |
Total functional expenses | $422,101 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $256,141 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $8,635 |
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 | $1,790 |
Net Land, buildings, and equipment | $297,486 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $564,052 |
Accounts payable and accrued expenses | $29,655 |
Grants payable | $0 |
Deferred revenue | $202,030 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $27,346 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $72,050 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $331,081 |
Net assets without donor restrictions | $228,141 |
Net assets with donor restrictions | $4,830 |
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 | $564,052 |