Associated General Contractors Of America Inc is located in Anchorage, AK. The organization was established in 1965. 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 07/2024, Associated General Contractors Of America Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Associated General Contractors Of America 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 07/2024, Associated General Contractors Of America Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $2.0m during the year ending 07/2024. While expenses have increased by 0.5% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE ETHICAL BUSINESS PRACTICES AND PUBLIC RELATIONS IN ALASKA'S CONSTRUCTION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTED BETTER RELATIONS BETWEEN CONTRACTORS, PUBLIC AGENCIES, ARCHITECTS, ENGINEERS AND UNIONS. PROMOTED HIGH PROFESSIONAL STANDARDS OF CONDUCT. WORKED TO COMBAT UNFAIR AND UNETHICAL BUSINESS PRACTICES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alicia Amberg Executive Director | Officer | 40 | $231,718 |
Brian Midyett President | OfficerTrustee | 1 | $0 |
Sarah Lefebvre Immediate Past President | OfficerTrustee | 1 | $0 |
Marcus Trivette Vice President | OfficerTrustee | 1 | $0 |
Saigen Harris Secretary | OfficerTrustee | 1 | $0 |
Carrie Jokiel Treasurer | OfficerTrustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $42,500 |
| Government grants | $41,817 |
| 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 | $84,317 |
| Total Program Service Revenue | $1,852,886 |
| Investment income | $61,345 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $37,230 |
| Net Gain/Loss on Asset Sales | $679,573 |
| Net Income from Fundraising Events | $56,834 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,775,813 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $209,043 |
| Grants and other assistance to domestic individuals. | $31,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $276,379 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $383,515 |
| Pension plan accruals and contributions | $32,437 |
| Other employee benefits | $59,661 |
| Payroll taxes | $50,812 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,322 |
| Fees for services: Accounting | $85,908 |
| Fees for services: Lobbying | $40,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,036 |
| Fees for services: Other | $34,695 |
| Advertising and promotion | $0 |
| Office expenses | $92,329 |
| Information technology | $65,381 |
| Royalties | $0 |
| Occupancy | $106,723 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $103,568 |
| Interest | $7,319 |
| Payments to affiliates | $108,638 |
| Depreciation, depletion, and amortization | $86,149 |
| Insurance | $22,262 |
| All other expenses | $0 |
| Total functional expenses | $1,953,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $765,906 |
| Savings and temporary cash investments | $1,502,714 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $170,408 |
| 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 | $21,614 |
| Net Land, buildings, and equipment | $744,642 |
| Investments—publicly traded securities | $2,400,983 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $215,889 |
| Total assets | $5,822,156 |
| Accounts payable and accrued expenses | $330,711 |
| 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 | $0 |
| Other liabilities | $226,384 |
| Total liabilities | $557,095 |
| Net assets without donor restrictions | $5,265,061 |
| 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 | $5,822,156 |
Over the last fiscal year, Associated General Contractors Of America Inc has awarded $265,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF ALASKA FAIRBANKS PURPOSE: SCHOLARSHIPS AND EDUCATIONAL PROGRAM | $117,500 |
LOGISTICS LLC PURPOSE: AK LIQUID NATURAL GAS SUMMIT | $5,000 |
CONSTRUCTION EDUCATION FOUNDATION PURPOSE: SCHOLARSHIP AWARDS CONTRIBUTION | $10,000 |
UNIVERSITY OF ALASKA FAIRBANKS PURPOSE: SCHOLARSHIPS AND EDUCATIONAL PROGRAM | $117,500 |
LOGISTICS LLC PURPOSE: AK LIQUID NATURAL GAS SUMMIT | $5,000 |
CONSTRUCTION EDUCATION FOUNDATION PURPOSE: SCHOLARSHIP AWARDS CONTRIBUTION | $10,000 |