Austin Contractors And Engineers Association Inc is located in Austin, TX. The organization was established in 1984. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. As of 12/2022, Austin Contractors And Engineers Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin Contractors And Engineers Association 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, Austin Contractors And Engineers Association Inc generated $393.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $458.9k during the year ending 12/2022. While expenses have increased by 10.5% 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
THE ASSOCIATION PROMOTES THE COMMON BUSINESS INTEREST OF CONTRACTORS & ENGINEERS IN THE CONSTRUCTION INDUSTRY THROUGH SYMPOSIUMS AND NEWSLETTERS TO ITS 219 MEMBER COMPANIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROMOTES THE COMMON BUSINESS INTEREST OF CONTRACTORS & ENGINEERS IN THE CONSTRUCTION INDUSTRY WITH A SYMPOSIUM EVERY AUGUST. THE SYMPOSIUM FOR 2022 WAS HELD AT AUSTIN CONVENTION CENTER, AND HAD 543 ATTENDEES.
NA
SCHOLARSHIP RECIPIENTS ARE ELIGIBLE FOR 2000 AWARDS, AND IF THEY MAINTAIN A 3.0 GPA, THEY'RE ELIGIBLE FOR A SECOND AWARD THE FOLLOWING YEAR OF 3,000. IN 2022, THEY AWARED NINE 2,000 SCHOLARSHIPS TO STUDENTS THAT MET THEIR CRITERIA.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Silvia Pendleton Executive Di | OfficerTrustee | $0 | |
| Darrell Seeds President 1s | Officer | $0 | |
| Frank Castro Vice Preside | Officer | $0 | |
| Garrett Shepperd Treasurer 1s | Officer | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $143,102 | 
| Fundraising events | $40,681 | 
| Related organizations | $0 | 
| Government grants | $0 | 
| All other contributions, gifts, grants, and similar amounts not included above | $3,913 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $187,696 | 
| Total Program Service Revenue | $126,278 | 
| Investment income | $15 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $0 | 
| Net Income from Fundraising Events | $65,970 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $0 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $393,719 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 | 
| Grants and other assistance to domestic individuals. | $11,600 | 
| 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 | $110,036 | 
| Pension plan accruals and contributions | $0 | 
| Other employee benefits | $4,218 | 
| Payroll taxes | $9,618 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $13,338 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $1,675 | 
| Fees for services: Other | $65,282 | 
| Advertising and promotion | $35,075 | 
| Office expenses | $26,490 | 
| Information technology | $21,027 | 
| Royalties | $0 | 
| Occupancy | $40,747 | 
| Travel | $1,045 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $115,233 | 
| Interest | $0 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $0 | 
| Insurance | $3,529 | 
| All other expenses | $0 | 
| Total functional expenses | $458,913 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,522 | 
| Savings and temporary cash investments | $950 | 
| Pledges and grants receivable | $0 | 
| Accounts receivable, net | $0 | 
| 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 | $0 | 
| Investments—publicly traded securities | $289,786 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $5,801 | 
| Total assets | $334,059 | 
| Accounts payable and accrued expenses | $0 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| 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 | $149,000 | 
| Other liabilities | $8,042 | 
| Total liabilities | $157,042 | 
| Net assets without donor restrictions | $0 | 
| 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 | $177,017 | 
| Total liabilities and net assets/fund balances | $334,059 |