Associated Builders & Contractors Inc
- Assets
- $5.6m
- Revenue
- $2.1m
- Investments
- $166.5k
- Employees
- 79
- Location
- Coconut Creek, FL
- Founding
- 07/1969
- Data as of
- 12/2021
- EIN
- 59-1216595
Organization Overview
Associated Builders & Contractors Inc, operating under the name Abc - Fl East Coast, is located in Coconut Creek, FL. The organization was established in 1969. 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 12/2021, Abc - FL East Coast employed 79 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Abc - FL East Coast 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, Abc - FL East Coast generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 4.8% 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
ABC PROVIDES A UNIFIED VOICE FOR THE CONSTRUCTION INDUSTRY, UTILIZING THE MERIT SHOP PHILOSOPHY TO DELIVER PROFITABLE WORK SAFELY AND ETHICALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP SERVICES - COSTS FOR THE DEVELOPMENT AND IMPLEMENTATION OF THE GOALS OF THE ORGANIZATION INCLUDING THE ESTABLISHMENT OF A BODY RECOGNIZED BY THE MEMBERS OF CONSTRUCTION INDUSTRY AS A CLEARINGHOUSE FOR THE ACCUMULATION AND ARTICULATION OF CONSTRUCTION STANDARDS, TRENDS IN TECHNICAL STANDARDS AND NEW METHODS OF CONSTRUCTION.
GENERAL CHAPTER MEETINGS - COSTS ASSOCIATED WITH CARRYING OUT MONTHLY MEMBERSHIP MEETINGS WHEREBY GENERAL MEMBERSHIP PARTICIPATES IN AND COMMUNICATES TRENDS AND ISSUES IN THE CONSTRUCTION INDUSTRY.
TO PROMOTE CONSTRUCTION INDUSTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Dyga President & | OfficerTrustee | 20 | $202,758 |
Annie Mecias-Murphy Treasurer | OfficerTrustee | 1 | $0 |
Brett Atkinson Immediate Pa | OfficerTrustee | 1 | $0 |
Brian Sudduth Directorsecr | OfficerTrustee | 1 | $0 |
Carl Denunzio Chairman | OfficerTrustee | 1 | $0 |
Charles Ermer Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $512,620 |
| 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 | $512,620 |
| Total Program Service Revenue | $141,154 |
| Investment income | $31,694 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $169,031 |
| Net Gain/Loss on Asset Sales | $2,760 |
| Net Income from Fundraising Events | $155,316 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $836,712 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,123,045 |
| 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 | $441,713 |
| Pension plan accruals and contributions | $35,403 |
| Other employee benefits | $0 |
| Payroll taxes | $44,900 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,400 |
| Fees for services: Lobbying | $151,771 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,014 |
| Advertising and promotion | $106,400 |
| Office expenses | $104,834 |
| Information technology | $36,042 |
| Royalties | $0 |
| Occupancy | $37,339 |
| Travel | $42 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,383 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $85,941 |
| Insurance | $50,474 |
| All other expenses | $74,018 |
| Total functional expenses | $1,692,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,547,219 |
| Savings and temporary cash investments | $2,023,924 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $107,079 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $139,530 |
| Inventories for sale or use | $245,647 |
| Prepaid expenses and deferred charges | $65,227 |
| Net Land, buildings, and equipment | $1,326,698 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $166,463 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,621,787 |
| Accounts payable and accrued expenses | $621,030 |
| Grants payable | $0 |
| Deferred revenue | $358,907 |
| 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 | $54,572 |
| Total liabilities | $1,034,509 |
| Net assets without donor restrictions | $4,587,278 |
| 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 | $5,621,787 |
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