Associated Builders And Contractors Inc is located in Tallahassee, FL. The organization was established in 1964. 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 12/2022, Associated Builders And Contractors Inc employed 5 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 12/2022, Associated Builders And Contractors Inc generated $359.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $344.6k during the year ending 12/2022. While expenses have increased by 16.0% per year over the past 8 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
PROVIDE INFORMATION AND TRAINING FOR MEMBERS THROUGH CONTINUING EDUCATION AND SAFETY PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERS ARE SERVED THROUGH MEMBERSHIP MEETINGS (AT LEAST QUARTERLY), NETWORKING EVENTS, PERIODIC PROFESSIONAL DEVELOPMENT/TRAINING PROGRAMS INPERSON AND ONLINE, AND PUBLIC POLICY/POLITICAL AWARENESS ON ISSUES IMPACTING THE COMMERCIAL CONSTRUCTION INDUSTRY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Davisson Dunlap III Chapter Attorney | Trustee | 1 | $0 |
Glen Bishop Director | Trustee | 1 | $0 |
JD James Director | Trustee | 1 | $0 |
Cyndi Knox Director | Trustee | 1 | $0 |
Wayne Mayo Director | Trustee | 1 | $0 |
Kent Simmons Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $69,073 |
All other contributions, gifts, grants, and similar amounts not included above | $30,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $99,073 |
Total Program Service Revenue | $174,381 |
Investment income | $1,627 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $84,713 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $359,794 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $500 |
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. | $87,984 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $123,149 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $16,123 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $25,280 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $578 |
Advertising and promotion | $2,001 |
Office expenses | $17,155 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $19,932 |
Travel | $10,204 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $13,629 |
Interest | $29 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $420 |
Insurance | $3,847 |
All other expenses | $0 |
Total functional expenses | $344,608 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $163,312 |
Savings and temporary cash investments | $35,062 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,615 |
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 | $0 |
Net Land, buildings, and equipment | $570 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $201,559 |
Accounts payable and accrued expenses | $31,089 |
Grants payable | $0 |
Deferred revenue | $87,904 |
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 | $2,250 |
Total liabilities | $121,243 |
Net assets without donor restrictions | $80,316 |
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 | $201,559 |