Associated Builders & Contractors INC EIN 55-0677947 Form 990 (PDF) Claim this org

Associated Builders & Contractors INC

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Associated Builders & Contractors INC is a business league or trade association based in Charleston, WV. For fiscal year 2024 it reported $584K in revenue, $628K in expenses, and $158K in net assets.Pt I

Type
Business league / trade association · Nonprofit
Location
Charleston, WV
Website
www.abcwv.org
Filings
5 on file (2020–2024)
Revenue
$584KFY2024
Expenses
$628K
Net assets
$158K
People
16
Filings
5
Updates
0
More identity details & actions ⌄
EIN  55-0677947 Business league / trade association Charleston, WV
Form 990 (PDF)
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Size
$100K–1M
What they do
a business league or trade association
Leadership
Bryan Hoylman · President · $99K
Money in and out
$584K revenue, $628K expenses
Bottom line
-8% operating surplus
Membership & operating revenue · FY2024
Total revenue
$584K
Pt VIII · Ln 12
Total expenses
$628K
Pt IX · Ln 25
Net assets
$158K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$44K
Where spending went · Part IX cols B–D
Program services $0.30 Management & general $0.69 Fundraising $0.01
Operating surplus
-8%
revenue over expenses▼ -396% vs prior filing year
Earned revenue
49%
of revenue from program services & dues▲ +6% vs prior filing year
Payroll share
39%
of spending is salaries & benefits▲ +6% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$584K
FY2024▼ -2%
Expenses
$628K
FY2024▲ +8%
Total assets
$917K
FY2024▲ +11%
Total liabilities
$758K
FY2024▲ +17%
Total revenue
$584K
Pt VIII · Ln 12
Total expenses
$628K
Pt IX · Ln 25
Net assets
$158K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$44K
Total assetsPt X · Ln 16$917K
Program-expense ratioPt IX · col B30%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAssociated Builders & Contractors INC
EINHdr · item D55-0677947
Principal addressHdr · item CCharleston, WV
WebsiteHdr · item Jwww.abcwv.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWV
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 1964

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$99,394Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $188K of program spending, described in the organization's own filed words · FY2024.
01

Organization provides traditional trade association services plus training for members' employees, safety information, clearing house for bidding information and contractor availability.

$188Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$289K · 49%
Contributions & grants$268K · 46%
Other revenue$20K · 3%
Investment income$7K · 1%
Program service revenue49%$289K
Contributions & grants46%$268K
Other revenue3%$20K
Investment income1%$7K
— government grantsLn 1e$35K
Total revenueLn 12$584K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.30 Management & general $0.69 Fundraising $0.01
Program services30%$188K
Management & general69%$436K
Fundraising1%$4K
Total functional expensesLn 25$628K

Balance Sheet

Part X · end of year
CashLn 1$358K
Total assetsLn 16$917K
Total liabilitiesLn 26$758K
Total net assetsLn 32$158K
Months of cash on handcomputed6.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $358K · Operating expenses/yr $628K
6.8 months
Where the money goes
Program services
Program services $188K · Total expenses $628K
30%
Management & General
Management & general $436K · Total expenses $628K
69%
Fundraising
Fundraising $4K · Total expenses $628K
0.7%
Cost to raise $1
Fundraising expense (3-yr avg) $5K · Solicited contributions (3-yr avg) $222K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $268K · Total revenue $584K
46%
Government reliance
Government grants $35K · Total revenue $584K
6%
Earned-income share
Program service revenue $289K · Total revenue $584K
49%
Investment reliance
Investment income $7K · Total revenue $584K
+1%
Program self-sufficiency
Program service revenue $289K · Total expenses $628K
46%
Growth & trend
Revenue growth (YoY)
This year $584K · Prior year $594K
-2%
Revenue CAGR
FY2020 $403K · FY2024 $584K
+10%
Net-asset trend (YoY)
End of year $158K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $584K · Expenses $628K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $917K
Net-asset ratio
Net assets $158K · Total assets $917K
17%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $917K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bryan Hoylman · Reported title PRESIDENT · Highest reported compensation $99K · Total expenses $628K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $247K · Total expenses $628K
39%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 30%
Overhead ratio 69%
Fundraising cost ratio 2%
Revenue growth -2%
Legal fee ratio 2%

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.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$26K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$584K revenue · viewing · ⤓ 990 PDF
FY2023$594K revenue · ⤓ 990 PDF
FY2022$559K revenue · ⤓ 990 PDF
FY2021$535K revenue · ⤓ 990 PDF
FY2020$403K revenue · ⤓ 990 PDF

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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
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