Associated Builders & Contractors INC FY2020 filing

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To encourage, develop and protect the building and construction industries.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$179K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
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
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $10K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$179K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
15 mo
of spending, in cash
Looks good: 14.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.2M
34% of total assets
Looks good: liabilities are 34% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.7M
Spent
$1.8M
Net assets
$2.3M
By yearFY2020–FY2024
Revenue
$2.7M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.7M
FY2021$2.0M
FY2022$2.4M
FY2023$2.7M
FY2024$3.1M
Expenses
$1.8M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.8M
FY2021$2.8M
FY2022$2.2M
FY2023$3.0M
FY2024$3.0M
Net assets
$2.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.3M
FY2021$1.6M
FY2022$1.6M
FY2023$1.4M
FY2024$1.6M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1964.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

22 people listed on the 990; $179K paid to officers and key staff.

Part VII, Section A · reportable compensation
President-CEO
$178,640Pt VII · Sec A
Past-Chairman
$0Pt VII · Sec A
Chair-Elect
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Norm Brady——$90,962$120,140$178,640
Greg George$158,100$148,304$53,077——
Jennifer Schottke$156,298$145,723$132,000$123,281—

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.

See Associated Builders & Contractors INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promoting, growing, and safeguarding the building and construction trades.

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Provided by the organization

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3 programs · in their own filed words · FY2020
01

Membership Activities

To promote business relationships among members through membership meetings, leadership development and miosha meetings. The number of persons benefited was approximately 2,550.

Pt IX · col B
02

Merit Shop Action Fund

Provides the membership with support for legal expenses and promotes the business of the association and its members.

Pt IX · col B
03

Excellence in Construction Awards Program

To promote and recognize quality construction. The number of persons benefited was 475.

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.7M
Ln 12
Fees for servicesLn 2g$1.7M
Investment incomeLn 3$605K
Other incomeLn 4–11$362K
Money outPt IX
$1.8M
Ln 25
Owns and owesPt X
$2.3M
net assets · Ln 32
Cash and savingsLn 1–2$2.2M
Total assetsLn 16$3.5M
LiabilitiesLn 26$1.2M
PeoplePt VI, VII
22
listed · VII A
PaidVII A1
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.7M
Investment incomeLn 3$605K
Other incomeLn 4–11$362K
Gains on assetsLn 7$602K
Total revenueLn 12$2.7M
Assets in detailPt X, end of year
CashLn 1$1.6M
SavingsLn 2$632K
Cash and savings togetherLn 1–2$2.2M
InvestmentsLn 11–13$880K
Land, buildings, equipmentLn 10c$5K
Total assetsLn 16$3.5M
LiabilitiesLn 26$1.2M
Net assetsLn 32$2.3M
OperationsPt I, VI
EmployeesI 535
VolunteersI 6250
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.2M$2.2M
InvestmentsLn 11–13$767K$880K
Land, buildings, equipmentLn 10c$236K$5K
Total assetsLn 16$2.4M$3.5M
LiabilitiesLn 26$1.1M$1.2M
Net assetsLn 32$1.3M$2.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$193K
Other salaries and wagesLn 7$223K
Pension plan contributionsLn 8$15K
Other employee benefitsLn 9$27K
Payroll taxesLn 10$29K
Legal feesLn 11b$13K
Accounting feesLn 11c$27K
Other fees for servicesLn 11g$41K
Advertising and promotionLn 12$12K
Office expensesLn 13$58K
OccupancyLn 16$35K
TravelLn 17$4K
Conferences, conventions and meetingsLn 19$129K
Payments to affiliatesLn 21$409K
Depreciation, depletion and amortizationLn 22$28K
Other expenses (24a–d)Ln 24$417K
All other expensesLn 24e$142K
Total functional expensesLn 25$1.8M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.1M$3.0M$141K$1.6M 990 PDF
FY2023 $2.7M$3.0M−$329K$1.4M 990 PDF
FY2022 $2.4M$2.2M$129K$1.6M 990 PDF
FY2021 $2.0M$2.8M−$774K$1.6M 990 PDF
FY2020 Viewing $2.7M$1.8M$882K$2.3M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $2,685,187 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $1,993,639$1,718,229
I-10 Investment incomePrior year $10,691$605,225
I-11 Other revenuePrior year $383,932$361,733
I-12 Total revenuePrior year $2,388,262$2,685,187
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $553,951$487,477
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,878,624$1,315,896
I-18 Total expensesPrior year $2,432,575$1,803,373
I-19 Revenue less expensesPrior year −$44,313$881,814
Part VI · Governance 21 of 21 board members independent, no flags
VI-1a Voting members of the governing body21
VI-1b Independent voting members21
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,685,187 across 7 lines filed
Lines not itemized here account for $30,876 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,687,353$1,687,353
VIII-3 Investment incomeExcluded from tax $3,106$3,106
VIII-5 RoyaltiesExcluded from tax $178,201$178,201
VIII-6 Net rental income or lossExcluded from tax $47,472$47,472
VIII-7 Net gain or loss on sales of assetsExcluded from tax $602,119$602,119
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $66,803 · Unrelated business $69,257$136,060
VIII-12 Total revenueRelated to mission $1,785,032 · Unrelated business $69,257 · Excluded from tax $830,898$2,685,187
Part IX · Statement of functional expenses $1,803,373 across 17 lines filed
IX-5 Pay of current officers, directors and key staff$193,275
IX-7 Other salaries and wages$223,293
IX-8 Pension plan contributions$15,063
IX-9 Other employee benefits$26,840
IX-10 Payroll taxes$29,006
IX-11b Legal fees$13,424
IX-11c Accounting fees$27,434
IX-11g Other fees for services$41,440
IX-12 Advertising and promotion$11,952
IX-13 Office expenses$58,128
IX-16 Occupancy$34,695
IX-17 Travel$4,176
IX-19 Conferences, conventions and meetings$129,040
IX-21 Payments to affiliates$408,747
IX-22 Depreciation, depletion and amortization$28,179
IX-24 Other expenses (24a–d)$416,739
IX-24e All other expenses$141,942
IX-25 Total functional expenses$1,803,373
Part X · Balance sheet $3,494,790 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $686,846$1,564,862
X-2 Savings and temporary cash investmentsStart of year $528,510$631,616
X-9 Prepaid expenses and deferred chargesStart of year $184,943$413,326
X-10c Land, buildings and equipment, netStart of year $235,799$5,035
X-11 Publicly traded securitiesStart of year $766,633$879,951
X-16 Total assetsStart of year $2,402,731$3,494,790
X-17 Accounts payable and accrued expensesStart of year $60,206$213,121
X-19 Deferred revenueStart of year $1,017,564$965,506
X-25 Other liabilitiesStart of year $3,930$0
X-26 Total liabilitiesStart of year $1,081,700$1,178,627
X-27 Net assets without donor restrictionsStart of year $1,321,031$2,316,163
X-32 Total net assets or fund balancesStart of year $1,321,031$2,316,163
X-33 Total liabilities and net assetsStart of year $2,402,731$3,494,790
Part XI · Reconciliation of net assets $2,316,163 net assets at year end
XI-1 Total revenue$2,685,187
XI-2 Total expenses$1,803,373
XI-3 Revenue less expenses$881,814
XI-4 Net assets at start of year$1,321,031
XI-5 Net unrealized gains (losses) on investments$113,318
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,316,163

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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