Associated Builders & Contractors INC

Not tax-deductible

Indianapolis, IN501(c)(6)Since 1973EIN 23-7298705

Promote the building and contracting trade.

Run by 33 volunteers and 31 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
5 of 5
years in the black
Looks good: no deficit in the last 5 filings.
Pt I · Ln 19 · 5 filings
What are leaders paid?
$283K
to officers and key staff · 4% of spending
Looks good: leaders' pay is 4% of spending; 15% or less looks good.
Pt VII · Sec A
Do they have reserves?
5 mo
of spending, in cash
Looks good: 5.1 months of spending in cash; 3 or more looks good.
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
2
named funders · $128K
Worth a look: 2 funders name it on their filings; under 3 is worth a look.
Funders’ Sch. I, 990-PF
Do they carry debt?
$5.7M
liabilities
Concern: debts are 81% of assets; over 80% is a concern.
Pt X · Ln 26
Who oversees it?
31
independent of 31 voting board members
Looks good: 31 of 31 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$8.5M
+16% vs prior year
Spent
$8.0M
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$8.5M
FY2024▲ +16%
Revenue by fiscal year
FY2020$3.1M
FY2021$3.8M
FY2022$4.8M
FY2023$7.4M
FY2024$8.5M
Expenses
$8.0M
FY2024▲ +14%
Expenses by fiscal year
FY2020$2.9M
FY2021$3.7M
FY2022$4.6M
FY2023$7.1M
FY2024$8.0M
Net assets
$1.3M
FY2024▼ -39%
Net assets by fiscal year
FY2020$840K
FY2021$814K
FY2022$924K
FY2023$2.1M
FY2024$1.3M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Status and standing

Is it real, and can you give to it?

Tax-deductible?
No
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CAssociated Builders & Contractors INC
EINHdr · item D23-7298705
Exempt statusHdr · item I501(c)(6) · active
Ruling yearIRS BMFDec 1964
Year of formationHdr · item L1973
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CIndianapolis, IN
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.abc-indy.org

Financial health

Is it on solid ground?

Operating surplus
+6%
revenue over expenses▲ +38% vs prior filing year
Earned revenue
99%
of revenue from program services & dues▲ +0.8% vs prior filing year
Payroll share
23%
of spending is salaries & benefits▲ +11% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$7.1M
FY2024▼ -4%
Total assets by fiscal year
FY2020$2.4M
FY2021$5.2M
FY2022$7.0M
FY2023$7.4M
FY2024$7.1M
Total liabilities
$5.7M
FY2024▲ +10%
Total liabilities by fiscal year
FY2020$1.6M
FY2021$4.4M
FY2022$6.1M
FY2023$5.2M
FY2024$5.7M
Revenue less expensesPt I · Ln 19$500K
Total assetsPt X · Ln 16$7.1M
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 331
Independent voting membersPt I · Ln 431

Balance Sheet

Part X · end of year
CashLn 1$3.4M
Total assetsLn 16$7.1M
Total liabilitiesLn 26$5.7M
Total net assetsLn 32$1.3M
Months of cash on handcomputed5.1

Statement of Revenue

Part VIII
Program service revenue$8.5M · 99%
Investment income$55K · 1%
Program service revenue99%$8.5M
Investment income1%$55K
Other revenue$19K
Total revenueLn 12$8.5M

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.4M · Operating expenses/yr $8.0M
5.1 months
Where the money goes
Program services
Program services — · Total expenses $8.0M
—
Management & General
Management & general — · Total expenses $8.0M
—
Fundraising
Fundraising — · Total expenses $8.0M
—
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $8.5M
0%
Government reliance
Government grants — · Total revenue $8.5M
—
Earned-income share
Program service revenue $8.5M · Total revenue $8.5M
99%
Investment reliance
Investment income $55K · Total revenue $8.5M
+0.6%
Program self-sufficiency
Program service revenue $8.5M · Total expenses $8.0M
105%
Growth & trend
Revenue growth (YoY)
This year $8.5M · Prior year $7.4M
+16%
Revenue CAGR
FY2020 $3.1M · FY2024 $8.5M
+29%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $8.5M · Expenses $8.0M
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $7.1M
—
Net-asset ratio
Net assets $1.3M · Total assets $7.1M
19%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $7.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual JR Gaylor · Reported title PRESIDENT/CEO · Highest reported compensation $283K · Total expenses $8.0M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.9M · Total expenses $8.0M
23%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 16%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/CEO
$283,343Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Past Chairman
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
JR Gaylor$283,343$250,000$226,646$205,000$193,709

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 31Voting board membersPt VI · Ln 1a
  • 31Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Promotes building and contracting trades through education and advocacy.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2024.
01

Provides construction craft training for high school students to prepare them for entry into an apprenticeship program for a variety of trades, ie., electrical, hvac, plumbing, carpentry, sheet metal, etc.

Pt IX · col B
02

Provides administrative services such as billing, collecting, and other general duties required to run the abc insurance trust program.

Pt IX · col B
03

Dinner meetings and seminars are organized and presented by the chapter for the benefit of members.

Pt IX · col B

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 2 funders$128K
Grants paid · 4 grants · $91K · 2021–2024
Unitemized GrantFY2024$33,423
Unitemized GrantFY2023$43,292
Unitemized GrantFY2022$8,100
Unitemized GrantFY2021$6,560

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $8.5M$8.0M+16% 990 PDF
FY2023 $7.4M$7.1M+54% 990 PDF
FY2022 $4.8M$4.6M+25% 990 PDF
FY2021 $3.8M$3.7M+24% 990 PDF
FY2020 $3.1M$2.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2024

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $8,045,220 across 18 lines filed
IX-2 Grants to domestic individuals$32,593
IX-5 Pay of current officers, directors and key staff$347,063
IX-7 Other salaries and wages$1,125,243
IX-8 Pension plan contributions$33,638
IX-9 Other employee benefits$205,970
IX-10 Payroll taxes$168,021
IX-11g Other fees for services$29,722
IX-12 Advertising and promotion$46,727
IX-13 Office expenses$72,417
IX-14 Information technology$60,313
IX-16 Occupancy$83,770
IX-17 Travel$4,570
IX-19 Conferences, conventions and meetings$1,831,526
IX-21 Payments to affiliates$366,718
IX-22 Depreciation, depletion and amortization$77,601
IX-23 Insurance$51,574
IX-24 Other expenses (24a–d)$3,249,373
IX-24e All other expenses$258,381
IX-25 Total functional expenses$8,045,220

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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