Associated Builders and Contractors INC FY2020 filing

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To provide information and training for members by providing continuing education and safety programs.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 59-2372025) · Dispute this line
501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$68K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $40K a year · 12% of revenue · last 5 filings
A surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$68K
to officers and key staff · 46% of spending
Pay to officers and key staff is 46% of spending.
Part VII, Section A
8.2 mo
of spending, in cash
8.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$78K
77% of total assets
Liabilities are 77% of assets.
Pt X · Ln 26
Independent board members
14
of 14 voting members
14 of 14 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$156K
Spent
$147K
Net assets
$23K
By yearFY2020–FY2024
Revenue
$156K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$156K
FY2021$302K
FY2022$360K
FY2023$422K
FY2024$459K
Expenses
$147K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$147K
FY2021$260K
FY2022$345K
FY2023$325K
FY2024$422K
Net assets
$23K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$23K
FY2021$65K
FY2022$80K
FY2023$178K
FY2024$214K

From the FY2020 Form 990 · see the original

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

16 people listed on the 990; $68K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
President/CEO
$67,083Pt VII · Sec A
Past President/CEO
$1,337Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Dorothy D Rasmussen$108,127$86,805$81,864$74,383$67,083
Angela Brooke————$1,337

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 and Contractors INC executive salaries →

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 15aNo

Programs and updates

Offers continuing education and safety programs to members.

Questions for Associated Builders and Contractors INC

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1 program · in their own filed words · FY2020
01

Members served through monthly meetings, periodic continuing education, and legislative representation.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 59-2372025) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$156K
Ln 12
Fees for servicesLn 2g$112K
Other incomeLn 4–11$44K
Investment incomeLn 3$10
Money outPt IX
$147K
Ln 25
Owns and owesPt X
$23K
net assets · Ln 32
Cash and savingsLn 1–2$101K
Total assetsLn 16$101K
LiabilitiesLn 26$78K
PeoplePt VI, VII
16
listed · VII A
PaidVII A2
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$112K
Investment incomeLn 3$10
Other incomeLn 4–11$44K
Total revenueLn 12$156K
Assets in detailPt X, end of year
CashLn 1$81K
SavingsLn 2$20K
Cash and savings togetherLn 1–2$101K
Accounts receivableLn 4$810
Total assetsLn 16$101K
LiabilitiesLn 26$78K
Net assetsLn 32$23K
OperationsPt I, VI
EmployeesI 53
VolunteersI 614
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$70K$101K
Land, buildings, equipmentLn 10c$532$0
Total assetsLn 16$73K$101K
LiabilitiesLn 26$58K$78K
Net assetsLn 32$14K$23K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$68K
Other salaries and wagesLn 7$28K
Payroll taxesLn 10$7K
Accounting feesLn 11c$7K
Advertising and promotionLn 12$79
Office expensesLn 13$8K
OccupancyLn 16$10K
TravelLn 17$2K
Conferences, conventions and meetingsLn 19$3K
InterestLn 20$61
Depreciation, depletion and amortizationLn 22$532
InsuranceLn 23$3K
Other expenses (24a–d)Ln 24$9K
All other expensesLn 24e$340
Total functional expensesLn 25$147K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 14, 2025 $459K$422K$37K$214K 990 PDF
FY2023Filed with the IRS Dec 23, 2024 $422K$325K$97K$178K 990 PDF
FY2022Filed with the IRS Jan 25, 2024 $360K$345K$15K$80K 990 PDF
FY2021Filed with the IRS Sep 22, 2022 $302K$260K$42K$65K 990 PDF
FY2020 ViewingFiled with the IRS Nov 9, 2021 $156K$147K$9K$23K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $156,405 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $129,012$112,212
I-10 Investment incomePrior year $5$10
I-11 Other revenuePrior year $41,784$44,183
I-12 Total revenuePrior year $170,801$156,405
I-13 Grants and similar amounts paidPrior year $2,620$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $103,749$103,486
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $67,569$43,977
I-18 Total expensesPrior year $173,938$147,463
I-19 Revenue less expensesPrior year −$3,137$8,942
Part VI · Governance 14 of 14 board members independent, 2 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $156,405 across 4 lines filed
Lines not itemized here account for $929 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $111,163 · Unrelated business $120$111,283
VIII-3 Investment incomeRelated to mission $10$10
VIII-8 Net income from fundraising eventsExcluded from tax $44,183$44,183
VIII-12 Total revenueRelated to mission $112,102 · Unrelated business $120 · Excluded from tax $44,183$156,405
Part IX · Statement of functional expenses $147,463 across 14 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)$68,421
IX-7 Other salaries and wages$27,740
IX-10 Payroll taxes$7,325
IX-11c Accounting fees$6,975
IX-12 Advertising and promotion$79
IX-13 Office expenses$8,026
IX-16 Occupancy$10,246
IX-17 Travel$2,346
IX-19 Conferences, conventions and meetings$3,368
IX-20 Interest$61
IX-22 Depreciation, depletion and amortization$532
IX-23 Insurance$2,568
IX-24 Other expenses (24a–d)$9,436
IX-24e All other expenses$340
IX-25 Total functional expenses$147,463
Part X · Balance sheet $101,418 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $49,547$80,567
X-2 Savings and temporary cash investmentsStart of year $20,031$20,041
X-4 Accounts receivableStart of year $1,320$810
X-9 Prepaid expenses and deferred chargesStart of year $1,074$0
X-10c Land, buildings and equipment, netStart of year $532$0
X-16 Total assetsStart of year $72,504$101,418
X-17 Accounts payable and accrued expensesStart of year $24,977$9,968
X-19 Deferred revenueStart of year $28,285$67,577
X-25 Other liabilitiesStart of year $5,135$824
X-26 Total liabilitiesStart of year $58,397$78,369
X-27 Net assets without donor restrictionsStart of year $14,107$23,049
X-32 Total net assets or fund balancesStart of year $14,107$23,049
X-33 Total liabilities and net assetsStart of year $72,504$101,418
Part XI · Reconciliation of net assets $23,049 net assets at year end
XI-1 Total revenue$156,405
XI-2 Total expenses$147,463
XI-3 Revenue less expenses$8,942
XI-4 Net assets at start of year$14,107
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$23,049

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

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