Associated Builders And Contractors Inc is located in Austin, TX. 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 6 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 $731.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $675.6k during the year ending 12/2022. While expenses have increased by 13.0% 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
TO PROMOTE THE CONSTRUCTION INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLAN ROOM: WE OFFER A FULL PLAN ROOM FOR OUR MEMBERS TO DO TAKE-OFFS OF PLANS FOR BIDS THAT ARE COMING UP. WE OFFER PLANS IN BOTH PRINT AND ELECTRONIC FORMAT.
NETWORKING: WE PROMOTE NETWORKING AND RELATIONSHIP BUILDING THROUGH CHAPTER MEETINGS AND SPECIAL EVENTS.
INFORMATION: WE PROVIDE INFORMATION THROUGH OUR NEWSLETTER ABOUT WHAT IS GOING ON WITHIN THE ASSOCIATION. WE ALSO PROVIDE INFORMATION ABOUT LAWS AND LEGISLATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Ritchie Immed. Past | Officer | 1 | $0 |
Hugh Ayles Treasurer | Officer | 1 | $0 |
Nat Peniston Chairman | Officer | 1 | $0 |
J Foster 2nd Vice Cha | Officer | 1 | $0 |
Eric Gribble 1st Vice Cha | Officer | 1 | $0 |
Crystal Smith President & | Officer | 40 | $122,000 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $403,991 |
| Fundraising events | $129,423 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $99,557 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $632,971 |
| Total Program Service Revenue | $132,285 |
| Investment income | $578 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$35,778 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $731,084 |
| 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 | $273,844 |
| Pension plan accruals and contributions | $3,256 |
| Other employee benefits | $13,243 |
| Payroll taxes | $24,118 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,168 |
| Fees for services: Accounting | $40,155 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $21,166 |
| Office expenses | $32,221 |
| Information technology | $12,523 |
| Royalties | $0 |
| Occupancy | $97,017 |
| Travel | $27,171 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,479 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,558 |
| Insurance | $10,456 |
| All other expenses | $71,249 |
| Total functional expenses | $675,624 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $338,740 |
| Savings and temporary cash investments | $134,731 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $74,760 |
| 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 | $9,089 |
| Net Land, buildings, and equipment | $60,180 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $322,425 |
| Total assets | $939,925 |
| Accounts payable and accrued expenses | $106,129 |
| Grants payable | $0 |
| Deferred revenue | $233,996 |
| 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 | $273,665 |
| Total liabilities | $613,790 |
| Net assets without donor restrictions | $326,135 |
| 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 | $939,925 |