Associated Builders & Contractors FY2022 filing

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Business league that unites and serves general Contractors, subcontractors, suppliers and industry professionals in promoting the construction industry and preserving free enterprise.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$173K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2022 · 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
5 of 5
filings with a surplus
Average surplus $88K a year · 8% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$173K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
6 mo
of spending, in cash
Plus $569K in investments, Pt X · Ln 11–13
Looks good: 5.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$352K
27% of total assets
Looks good: liabilities are 27% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+3% vs prior year
Spent
$1.0M
Net assets
$933K
By yearFY2020–FY2024
Revenue
$1.1M
FY2022▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$875K
FY2021$1.1M
FY2022$1.1M
FY2023$1.2M
FY2024$1.3M
Expenses
$1.0M
FY2022▲ +13%
Tap a bar for its year
Expenses by fiscal year
FY2020$802K
FY2021$892K
FY2022$1.0M
FY2023$1.1M
FY2024$1.2M
Net assets
$933K
FY2022▲ +0.9%
Tap a bar for its year
Net assets by fiscal year
FY2020$699K
FY2021$924K
FY2022$933K
FY2023$1.0M
FY2024$1.1M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2022 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

18 people listed on the 990; $173K paid to officers and key staff.

Part VII, Section A · reportable compensation
President/CEO
$172,731Pt VII · Sec A
Past Chairman
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Christopher Garvey’s $206K as President/CEO is at the 68th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2024FY2023FY2022FY2021FY2020
Christopher Garvey$205,904$183,288$172,731$154,225$152,743

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 executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Unites and serves construction professionals to promote the industry and free enterprise.

Questions for Associated Builders & Contractors

Tap to ask. Associated Builders & Contractors sees how many people are interested.

Your first name shows with your question. Associated Builders & Contractors answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · in their own filed words · FY2022
01

The association recognizes and honors members who demonstrate exemplary safety programs and excellence in construction. Events encourage members to network and build professional foundations within the free enterprise system.

Pt IX · col B
02

The association serves its members by providing information pertinent to the construction industry. Monthly events provide an opportunity for business development and industry growth.

Pt IX · col B
03

The association conducts apprentice training classes in conjunction with local vocational schools for employees of members and non-members and journeymen.

Pt IX · col B

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$512K
Fees for servicesLn 2g$339K
Other incomeLn 4–11$221K
Money outPt IX
$1.0M
Ln 25
Owns and owesPt X
$933K
net assets · Ln 32
Cash and savingsLn 1–2$461K
Total assetsLn 16$1.3M
LiabilitiesLn 26$352K
PeoplePt VI, VII
18
listed · VII A
PaidVII A1
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$512K
Fees for servicesLn 2g$339K
Investment incomeLn 3$18K
Other incomeLn 4–11$221K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$461K
Cash and savings togetherLn 1–2$461K
InvestmentsLn 11–13$569K
Land, buildings, equipmentLn 10c$111K
Other assetsLn 15$8K
Total assetsLn 16$1.3M
LiabilitiesLn 26$352K
Net assetsLn 32$933K
OperationsPt I, VI
EmployeesI 50
VolunteersI 628
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 FY22End FY22
Cash and savingsLn 1–2$528K$461K
InvestmentsLn 11–13$532K$569K
Land, buildings, equipmentLn 10c$99K$111K
Total assetsLn 16$1.3M$1.3M
LiabilitiesLn 26$349K$352K
Net assetsLn 32$924K$933K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$188K
Other salaries and wagesLn 7$317K
Pension plan contributionsLn 8$7K
Other employee benefitsLn 9$27K
Payroll taxesLn 10$37K
Accounting feesLn 11c$35K
Office expensesLn 13$46K
OccupancyLn 16$20K
TravelLn 17$12K
Conferences, conventions and meetingsLn 19$127K
Depreciation, depletion and amortizationLn 22$7K
InsuranceLn 23$9K
Other expenses (24a–d)Ln 24$174K
All other expensesLn 24e$598
Total functional expensesLn 25$1.0M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.3M$1.2M$48K$1.1M 990 PDF
FY2023 $1.2M$1.1M$67K$1.0M 990 PDF
FY2022 Viewing $1.1M$1.0M$83K$933K 990 PDF
FY2021 $1.1M$892K$169K$924K 990 PDF
FY2020 $875K$802K$74K$699K 990 PDF

More to add? Claim this org

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 FY2022 990 (6 parts)
Part I · Summary $1,088,748 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $512,867$511,968
I-9 Program service revenuePrior year $335,886$338,637
I-10 Investment incomePrior year $16,451$17,604
I-11 Other revenuePrior year $196,679$220,539
I-12 Total revenuePrior year $1,061,883$1,088,748
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 $496,030$575,671
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $396,359$429,983
I-18 Total expensesPrior year $892,389$1,005,654
I-19 Revenue less expensesPrior year $169,494$83,094
Part VI · Governance 17 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
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 $1,088,748 across 7 lines filed
VIII-1b Membership dues$511,968
VIII-1h Total contributions, gifts and grants$511,968
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $338,637$338,637
VIII-3 Investment incomeExcluded from tax $17,604$17,604
VIII-8 Net income from fundraising eventsExcluded from tax $193,584$193,584
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,576 · Unrelated business $24,379$26,955
VIII-12 Total revenueRelated to mission $341,213 · Unrelated business $24,379 · Excluded from tax $211,188$1,088,748
Part IX · Statement of functional expenses $1,005,654 across 14 lines filed
IX-5 Pay of current officers, directors and key staff$187,501
IX-7 Other salaries and wages$316,891
IX-8 Pension plan contributions$7,194
IX-9 Other employee benefits$26,789
IX-10 Payroll taxes$37,296
IX-11c Accounting fees$34,813
IX-13 Office expenses$46,353
IX-16 Occupancy$19,713
IX-17 Travel$11,637
IX-19 Conferences, conventions and meetings$126,684
IX-22 Depreciation, depletion and amortization$7,297
IX-23 Insurance$9,236
IX-24 Other expenses (24a–d)$173,652
IX-24e All other expenses$598
IX-25 Total functional expenses$1,005,654
Part X · Balance sheet $1,284,656 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $527,980$460,901
X-4 Accounts receivableStart of year $37,466$47,088
X-9 Prepaid expenses and deferred chargesStart of year $76,833$89,228
X-10c Land, buildings and equipment, netStart of year $98,639$110,842
X-12 Other securitiesStart of year $531,659$569,076
X-15 Other assetsStart of year $710$7,521
X-16 Total assetsStart of year $1,273,287$1,284,656
X-17 Accounts payable and accrued expensesStart of year $47,184$23,675
X-19 Deferred revenueStart of year $301,698$326,102
X-25 Other liabilitiesStart of year $0$2,350
X-26 Total liabilitiesStart of year $348,882$352,127
X-27 Net assets without donor restrictionsStart of year $924,405$932,529
X-32 Total net assets or fund balancesStart of year $924,405$932,529
X-33 Total liabilities and net assetsStart of year $1,273,287$1,284,656
Part XI · Reconciliation of net assets $932,529 net assets at year end
XI-1 Total revenue$1,088,748
XI-2 Total expenses$1,005,654
XI-3 Revenue less expenses$83,094
XI-4 Net assets at start of year$924,405
XI-5 Net unrealized gains (losses) on investments−$74,970
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$932,529

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.