The Associated General Contractors Industry Advancement Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 320607967 ✦ Springfield, IL ✦ Designated as a 501(c)(6)

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Overview

What is The Associated General Contractors Industry Advancement Fund?

The Associated General Contractors Industry Advancement Fund is a nonprofit organization situated in Springfield, Illinois, specifically at 3219 Executive Park Drive. Its primary mission is to advance the heavy highway industry within the state, focusing on areas such as legislative and governmental affairs, job security, labor relations, and technical services. The fund's activities are geared towards improving the situation of heavy highway contractors in Illinois, thereby contributing to the overall growth of this industry within the state.


Official website here: www.agcil.org

Is The Associated General Contractors Industry Advancement Fund legitimate?

The Associated General Contractors Industry Advancement Fund is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Associated General Contractors Industry Advancement Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.agcil.org

What is the mission statement of The Associated General Contractors Industry Advancement Fund?

The Associated General Contractors Industry Advancement Fund's primary mission is to foster the progress of the heavy highway industry. This is achieved through various means, including the improvement of legislative and governmental affairs, ensuring industry-wide job security, managing labor relations, and providing technical services. The organization's goal is to advance the heavy highway industry, enhancing its overall growth and stability.


Official website here: www.agcil.org

What is the revenue of The Associated General Contractors Industry Advancement Fund?

The Associated General Contractors Industry Advancement Fund's revenue in 2024 was $1,461,608.


Official website here: www.agcil.org

Who are the executives of The Associated General Contractors Industry Advancement Fund and what are their salaries?

Here are 4 key members and their salaries:


Matt Reyhan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beck Simonds (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Decap (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Frey (Executive Director)
  • Compensation: $0
  • Related: $222,253
  • Other: $16,679


Official website here: www.agcil.org

Where can I find the form 990 for The Associated General Contractors Industry Advancement Fund?

The Associated General Contractors Industry Advancement Fund's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.agcil.org

Learn more at the official website: www.agcil.org

Mission Statement of The Associated General Contractors Industry Advancement Fund

The Associated General Contractors Industry Advancement Fund is dedicated to promoting the progress and enhancement of the heavy highway industry within the state of Illinois. Its primary objective is to elevate this sector, ensuring its longevity and prosperity. To achieve this, the fund focuses on various aspects, including improving legislative and governmental affairs, fostering industry-wide job security, managing labor relations, and providing technical services. This comprehensive approach aims to address the diverse needs of the heavy highway industry in Illinois, ultimately contributing to its overall growth and success.

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Impact




October, 2024

The Associated General Contractors Industry Advancement Fund plays a pivotal role in enhancing the heavy highway industry in Illinois. By focusing on legislative and governmental affairs, the organization works to improve industry standards and practices, ensuring that contractors have the support they need to thrive.

The Fund addresses critical aspects such as job security and labor relations, creating a more stable environment for heavy highway contractors. It provides technical services that are essential for adapting to evolving industry challenges, thereby fostering innovation and efficiency within the sector.

Through these efforts, the Fund significantly contributes to the overall development and sustainability of the heavy highway industry in Illinois, promoting growth and stability for contractors and enhancing employment opportunities within the state.




This information is meant to be a general summary of The Associated General Contractors Industry Advancement Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,461,608 (2024)
Expenses
$1,157,444 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $25,807
  • Program Service Revenue: $1,408,396
  • Gross Receipts: $1,950,763

Assets and Liabilities:

  • Total Assets: $1,544,663
  • Total Liabilities: $170,554
  • Net Assets: $1,374,109

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INDUSTRY ADVANCEMENT F

Revenue

$1,408,396

Organization Details

Founding Year

2019

Principal Officer

Bill Frey

NTEE Category

Code: J01 - Employment

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