Associated Builders And Contractors Inc is located in Jackson, MS. As of 12/2022, Associated Builders And Contractors Inc employed 7 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 $2.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 8 years. 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
CONSTRUCTION TRADE ASSOCIATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION DEPARTMENT-SEMINARS AND TRAINING COURSES TO ENHANCE THE CONSTRUCTION INDUSTRY
ANNUAL DIRECTORY-PUBLICATION OF MEMBERSHIP DISTRIBUTED TO MEMBERS
CONVENTIONS AND MEETINGS-TRADE MEETINGS ENHANCING THE CONSTRUCTION INDUSTRY
MS CONTRACTORS PUBLICATION-WEEKLY CONSTRUCTION-ORIENTED PUBLICATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrew Lester Member Services Chair | Trustee | 0.1 | $0 |
Brad Clark Director | Trustee | 0.1 | $0 |
Brad Hawkins Director | Trustee | 0.1 | $0 |
Chris Monsour Director | Trustee | 0.1 | $0 |
Chris Shaidnagle Director | Trustee | 0.1 | $0 |
Christee Holbrook Safety Chair | Trustee | 0.1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $981,195 |
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 | $981,195 |
Total Program Service Revenue | $873,975 |
Investment income | $30,795 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $86,635 |
Net Gain/Loss on Asset Sales | -$2,804 |
Net Income from Fundraising Events | $13,109 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,991,821 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $2,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $254,825 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $379,647 |
Pension plan accruals and contributions | $25,909 |
Other employee benefits | $60,635 |
Payroll taxes | $41,868 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,388 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $10,463 |
Fees for services: Other | $0 |
Advertising and promotion | $100,169 |
Office expenses | $8,563 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $163,077 |
Travel | $30,413 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $450,321 |
Interest | $2,307 |
Payments to affiliates | $256,063 |
Depreciation, depletion, and amortization | $105,993 |
Insurance | $21,633 |
All other expenses | $16,006 |
Total functional expenses | $2,014,412 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,842,141 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $90,832 |
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 | $7,761 |
Net Land, buildings, and equipment | $2,219,086 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,159,820 |
Accounts payable and accrued expenses | $164,047 |
Grants payable | $0 |
Deferred revenue | $880,346 |
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 | $1,289,532 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $89,728 |
Total liabilities | $2,423,653 |
Net assets without donor restrictions | $1,308,028 |
Net assets with donor restrictions | $428,139 |
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 | $4,159,820 |