Associated Builders & Contractors FY2021 filing

Not tax-deductible

North Salt Lake, UT501(c)(6)EIN 87-0343604Revenue $618K in FY2021

On file with the IRSabcutah.org660 W 900 N No B, 84054-0000 · North Salt Lake, UTTax-exempt since Dec 1964

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To see that the needs of merit shop Contractors and the construction industry as a whole are met.

$94K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2021 · 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
4 of 5
filings with a surplus
Average surplus $78K a year · 10% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$94K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $30K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$373K
46% of total assets
Looks good: liabilities are 46% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$618K
-2% vs prior year
Spent
$619K
To programs
0%
Net assets
$442K
By yearFY2020–FY2024
Revenue
$618K
FY2021▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$628K
FY2021$618K
FY2022$811K
FY2023$877K
FY2024$774K
Expenses
$619K
FY2021▼ -1%
Tap a bar for its year
Expenses by fiscal year
FY2020$626K
FY2021$619K
FY2022$674K
FY2023$707K
FY2024$695K
Net assets
$442K
FY2021▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2020$394K
FY2021$442K
FY2022$502K
FY2023$705K
FY2024$790K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 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

17 people listed on the 990; $94K paid to officers and key staff.

Part VII, Section A · reportable compensation
$93,725Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Past Chairma
$0Pt VII · Sec A

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

NameFY2022FY2021FY2020
Chris Deherrera$106,050$93,725$137,528
Scott M McKinnon——$129,238

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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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

Ensures merit shop contractors and the construction industry have their needs met.

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Provided by the organization

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2 programs · in their own filed words · FY2021
01

Networking, education and training includes annual fundraising event to gain additional funding for the organization's programs through a christmas party and golf tournament. The christmas party is a great chance for members and nonmembers to discuss the importance of a safe work place.

Pt IX · col B
02

Membership fees provided members with best-practice management techniques and helped to develop safe workplaces and a high-performance workforce through quality education and training programs. The organization's programs benefited over 1,000 people and served over 200 member companies.

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 · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$30K
Grants paid · 2 grants · $28K · 2022–2022
Unitemized GrantFY2022$27,010
Unitemized GrantFY2022$563

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$618K
Ln 12
Fees for servicesLn 2g$598K
Gifts and grantsLn 1h$46K
Investment incomeLn 3$2K
Money outPt IX
$619K
Ln 25
Owns and owesPt X
$442K
net assets · Ln 32
Cash and savingsLn 1–2$288K
Total assetsLn 16$815K
LiabilitiesLn 26$373K
PeoplePt VI, VII
17
listed · VII A
PaidVII A1
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$46K
Government grantsLn 1e$26K
Fees for servicesLn 2g$598K
Investment incomeLn 3$2K
Gains on assetsLn 7$2K
Total revenueLn 12$618K
Assets in detailPt X, end of year
CashLn 1$288K
Cash and savings togetherLn 1–2$288K
InvestmentsLn 11–13$464K
Land, buildings, equipmentLn 10c$8K
Total assetsLn 16$815K
LiabilitiesLn 26$373K
Net assetsLn 32$442K
OperationsPt I, VI
EmployeesI 54
VolunteersI 645
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 FY21End FY21
Cash and savingsLn 1–2$230K$288K
InvestmentsLn 11–13$414K$464K
Land, buildings, equipmentLn 10c$21K$8K
Total assetsLn 16$713K$815K
LiabilitiesLn 26$319K$373K
Net assetsLn 32$394K$442K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$4K
Pay of current officers, directors and key staffLn 5$94K
Other salaries and wagesLn 7$233K
Pension plan contributionsLn 8$7K
Other employee benefitsLn 9$21K
Payroll taxesLn 10$25K
Legal feesLn 11b$7K
Accounting feesLn 11c$24K
Lobbying feesLn 11d$26K
Other fees for servicesLn 11g$22K
Advertising and promotionLn 12$4K
Office expensesLn 13$35K
OccupancyLn 16$36K
TravelLn 17$27K
Depreciation, depletion and amortizationLn 22$8K
InsuranceLn 23$6K
Other expenses (24a–d)Ln 24$41K
Total functional expensesLn 25$619K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $774K$695K$80K$790K 990 PDF
FY2023 $877K$707K$170K$705K 990 PDF
FY2022 $811K$674K$137K$502K 990 PDF
FY2021 Viewing $618K$619K−$1K$442K 990 PDF
FY2020 $628K$626K$2K$394K 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
See the full FY2021 990 (6 parts)
Part I · Summary $617,809 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $43,975$46,315
I-9 Program service revenuePrior year $579,066$597,564
I-10 Investment incomePrior year −$7,379$1,502
I-11 Other revenuePrior year $12,264−$27,572
I-12 Total revenuePrior year $627,926$617,809
I-13 Grants and similar amounts paidPrior year $1,920$3,990
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $456,909$379,584
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $166,939$235,560
I-18 Total expensesPrior year $625,768$619,134
I-19 Revenue less expensesPrior year $2,158−$1,325
Part VI · Governance 16 of 16 board members independent, 1 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
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
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $617,809 across 8 lines filed
VIII-1e Government grants$25,748
VIII-1f All other contributions, gifts and grants$20,567
VIII-1h Total contributions, gifts and grants$46,315
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $597,564$597,564
VIII-3 Investment incomeRelated to mission $1$1
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,501$1,501
VIII-8 Net income from fundraising events−$27,572
VIII-12 Total revenueRelated to mission $597,565 · Excluded from tax $1,501$617,809
Part IX · Statement of functional expenses $619,134 across 17 lines filed
IX-2 Grants to domestic individuals$3,990
IX-5 Pay of current officers, directors and key staff$93,725
IX-7 Other salaries and wages$232,851
IX-8 Pension plan contributions$6,958
IX-9 Other employee benefits$21,265
IX-10 Payroll taxes$24,785
IX-11b Legal fees$7,100
IX-11c Accounting fees$23,769
IX-11d Lobbying fees$26,060
IX-11g Other fees for services$22,162
IX-12 Advertising and promotion$3,890
IX-13 Office expenses$34,632
IX-16 Occupancy$36,379
IX-17 Travel$27,306
IX-22 Depreciation, depletion and amortization$7,665
IX-23 Insurance$5,730
IX-24 Other expenses (24a–d)$40,867
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$619,134
Part X · Balance sheet $815,484 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $229,911$288,310
X-4 Accounts receivableStart of year $27,272$35,912
X-9 Prepaid expenses and deferred chargesStart of year $21,013$19,641
X-10c Land, buildings and equipment, netStart of year $21,032$7,867
X-11 Publicly traded securitiesStart of year $413,728$463,754
X-16 Total assetsStart of year $712,956$815,484
X-17 Accounts payable and accrued expensesStart of year $55,102$120,056
X-18 Grants payable−$5,561
X-19 Deferred revenueStart of year $258,036$252,932
X-25 Other liabilitiesStart of year $5,461$6,014
X-26 Total liabilitiesStart of year $318,599$373,441
X-27 Net assets without donor restrictionsStart of year $391,677$441,063
X-28 Net assets with donor restrictionsStart of year $2,680$980
X-32 Total net assets or fund balancesStart of year $394,357$442,043
X-33 Total liabilities and net assetsStart of year $712,956$815,484
Part XI · Reconciliation of net assets $442,043 net assets at year end
XI-1 Total revenue$617,809
XI-2 Total expenses$619,134
XI-3 Revenue less expenses−$1,325
XI-4 Net assets at start of year$394,357
XI-5 Net unrealized gains (losses) on investments$49,011
XI-10 Net assets at end of year$442,043

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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