Associated Builders & Contractors FY2022 filing

Not tax-deductible

North Salt Lake, UT501(c)(6)EIN 87-0343604

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

$106K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · 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
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
$106K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.2 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
$538K
52% of total assets
Fine: liabilities are 52% of assets; 50% to 65%.
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
$811K
+31% vs prior year
Spent
$674K
To programs
0%
Net assets
$502K
By yearFY2020–FY2024
Revenue
$811K
FY2022▲ +31%
Revenue by fiscal year
FY2020$628K
FY2021$618K
FY2022$811K
FY2023$877K
FY2024$774K
Expenses
$674K
FY2022▲ +9%
Expenses by fiscal year
FY2020$626K
FY2021$619K
FY2022$674K
FY2023$707K
FY2024$695K
Net assets
$502K
FY2022▲ +13%
Net assets by fiscal year
FY2020$394K
FY2021$442K
FY2022$502K
FY2023$705K
FY2024$790K

From the FY2022 Form 990 · see the original

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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

17 people listed on the 990; $106K paid to officers and key staff.

Part VII, Section A · reportable compensation
$106,050Pt 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.

Provided by the organization

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2 program services, described in the organization's own filed words · FY2022.
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

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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 FY2022 990, line by line.

1The main four
Money inPt VIII
$811K
Ln 12
Fees for servicesLn 2g$501K
Other incomeLn 4–11$174K
Gifts and grantsLn 1h$135K
Money outPt IX
$674K
Ln 25
Owns and owesPt X
$502K
net assets · Ln 32
Cash and savingsLn 1–2$293K
Total assetsLn 16$1.0M
LiabilitiesLn 26$538K
PeoplePt VI, VII
17
listed · VII A
PaidVII A1
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$135K
Government grantsLn 1e$18K
Fees for servicesLn 2g$501K
Investment incomeLn 3$2K
Other incomeLn 4–11$174K
Gains on assetsLn 7$2K
Total revenueLn 12$811K
Assets in detailPt X, end of year
CashLn 1$293K
Cash and savings togetherLn 1–2$293K
InvestmentsLn 11–13$340K
Land, buildings, equipmentLn 10c$170K
Other assetsLn 15$149K
Total assetsLn 16$1.0M
LiabilitiesLn 26$538K
Net assetsLn 32$502K
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 FY22End FY22
Cash and savingsLn 1–2$288K$293K
InvestmentsLn 11–13$464K$340K
Land, buildings, equipmentLn 10c$8K$170K
Total assetsLn 16$815K$1.0M
LiabilitiesLn 26$373K$538K
Net assetsLn 32$442K$502K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$28K
Pay of current officers, directors and key staffLn 5$106K
Other salaries and wagesLn 7$201K
Pension plan contributionsLn 8$6K
Payroll taxesLn 10$21K
Accounting feesLn 11c$31K
Lobbying feesLn 11d$36K
Other fees for servicesLn 11g$8K
Advertising and promotionLn 12$10K
Office expensesLn 13$50K
OccupancyLn 16$73K
TravelLn 17$25K
Depreciation, depletion and amortizationLn 22$4K
InsuranceLn 23$26K
Other expenses (24a–d)Ln 24$49K
Total functional expensesLn 25$674K$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 Viewing $811K$674K$137K$502K 990 PDF
FY2021 $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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $811,017 across 9 lines filed
VIII-1e Government grants$17,727
VIII-1f All other contributions, gifts and grants$117,003
VIII-1h Total contributions, gifts and grants$134,730
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $500,927$500,927
VIII-3 Investment incomeRelated to mission $13$13
VIII-7 Net gain or loss on sales of assetsRelated to mission $1,795$1,795
VIII-8 Net income from fundraising events$96,738
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $76,814$76,814
VIII-12 Total revenueRelated to mission $579,549$811,017
Part IX · Statement of functional expenses $674,468 across 15 lines filed
IX-2 Grants to domestic individuals$27,573
IX-5 Pay of current officers, directors and key staff$106,050
IX-7 Other salaries and wages$200,595
IX-8 Pension plan contributions$5,715
IX-10 Payroll taxes$20,962
IX-11c Accounting fees$31,214
IX-11d Lobbying fees$36,000
IX-11g Other fees for services$8,418
IX-12 Advertising and promotion$10,247
IX-13 Office expenses$49,823
IX-16 Occupancy$72,960
IX-17 Travel$25,412
IX-22 Depreciation, depletion and amortization$4,411
IX-23 Insurance$26,425
IX-24 Other expenses (24a–d)$48,663
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$674,468
Part X · Balance sheet $1,039,601 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $288,310$293,024
X-4 Accounts receivableStart of year $35,912$63,442
X-9 Prepaid expenses and deferred chargesStart of year $19,641$23,991
X-10c Land, buildings and equipment, netStart of year $7,867$169,904
X-11 Publicly traded securitiesStart of year $463,754$339,944
X-15 Other assets$149,296
X-16 Total assetsStart of year $815,484$1,039,601
X-17 Accounts payable and accrued expensesStart of year $120,056$102,606
X-19 Deferred revenueStart of year $252,932$279,505
X-25 Other liabilitiesStart of year $6,014$155,811
X-26 Total liabilitiesStart of year $373,441$537,922
X-27 Net assets without donor restrictionsStart of year $441,063$500,699
X-28 Net assets with donor restrictionsStart of year $980$980
X-32 Total net assets or fund balancesStart of year $442,043$501,679
X-33 Total liabilities and net assetsStart of year $815,484$1,039,601
Part XI · Reconciliation of net assets $501,679 net assets at year end
XI-1 Total revenue$811,017
XI-2 Total expenses$674,468
XI-3 Revenue less expenses$136,549
XI-4 Net assets at start of year$442,043
XI-5 Net unrealized gains (losses) on investments−$76,913
XI-10 Net assets at end of year$501,679

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

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