Associated Builders And Contractors Inc is located in Livermore, CA. The organization was established in 1964. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, Associated Builders And Contractors Inc employed 47 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 12/2023, Associated Builders And Contractors Inc generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $3.4m during the year ending 12/2023. While expenses have increased by 13.8% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE FREE ENTERPRISE BY ADVANCING THE MERIT SHOP PHILOSOPHY IN THE CONSTRUCTION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEMINARS COVERING CONSTRUCTION-RELATED TOPICS ARE BEING PROVIDED FOR PROSPECTIVE MEMBERS, COMMUNITY PARTNERS, MEMBERS, AND MEMBER EMPLOYEES.
CHAPTER MEETINGS ARE HELD PERIODICALLY TO CONDUCT ASSOCIATION BUSINESS AND PROVIDE MEMBERS WITH A NETWORKING OPPORTUNITY AND PROVIDE EDUCATIONAL OPPORTUNITIES THROUGH GUEST SPEAKERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Vasko Director | Trustee | 1 | $0 |
Bart Bruno Director | Trustee | 1 | $0 |
Brian Andrew Director | Trustee | 1 | $0 |
Christian Pellechia Director | Trustee | 1 | $0 |
Craig Brueckner Secretary | OfficerTrustee | 1 | $0 |
Dan Christopher Director | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $3,410,648 |
| Investment income | $81,276 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,430 |
| Net Gain/Loss on Asset Sales | -$32,836 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,466,006 |
| 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. | $89,762 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $1,310,919 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $37,707 |
| Other employee benefits | $125,805 |
| Payroll taxes | $102,679 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,044 |
| Fees for services: Accounting | $69,974 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,145 |
| Fees for services: Other | $14,425 |
| Advertising and promotion | $45,646 |
| Office expenses | $105,485 |
| Information technology | $77,182 |
| Royalties | $0 |
| Occupancy | $53,300 |
| Travel | $26,988 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $19,154 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,363 |
| Insurance | $25,034 |
| All other expenses | $206,729 |
| Total functional expenses | $3,449,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,486,233 |
| Savings and temporary cash investments | $512,203 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,371,984 |
| 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 | $393,948 |
| Net Land, buildings, and equipment | $36,879 |
| Investments—publicly traded securities | $1,630,844 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,130 |
| Total assets | $5,460,221 |
| Accounts payable and accrued expenses | $147,051 |
| Grants payable | $0 |
| Deferred revenue | $1,846,191 |
| 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 | $12,374 |
| Other liabilities | $421,975 |
| Total liabilities | $2,427,591 |
| Net assets without donor restrictions | $3,032,630 |
| 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 | $5,460,221 |