Overview
What is Northern Illinois Building Contractors Association Inc?
Northern Illinois Building Contractors Association Inc, located in Rockford, Illinois, is a nonprofit organization primarily aimed at uniting building contractors in the region. Their mission is to uphold high standards of conduct within the construction industry and the communities they serve. To achieve this, they provide training for contractors, their supervisors, and employees to ensure compliance with federal, state, and local laws and regulations. Additionally, the association offers administrative services for a fee to related entities and disseminates information and materials regarding construction projects in Northern Illinois. They are primarily supported through membership dues and fees.
Official website here: www.nibca.build
Is Northern Illinois Building Contractors Association Inc legitimate?
Northern Illinois Building Contractors Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Northern Illinois Building Contractors Association Inc 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: $170,399
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,514
For more financial information, click here
Official website here: www.nibca.build
What is the mission statement of Northern Illinois Building Contractors Association Inc?
The Northern Illinois Building Contractors Association Inc's mission is centered around strengthening the construction industry and the communities they serve. Their primary objective is to promote high standards of conduct among building contractors operating in the region. The association provides valuable information and materials related to construction projects in the area. Additionally, they assist contractors in negotiating agreements with labor organizations, thereby enhancing their operational efficiency. Furthermore, the organization undertakes training programs to ensure compliance with federal, state, and local laws and regulations. Lastly, they offer administrative services to related entities, earning compensation for their services.
Official website here: www.nibca.build
What is the revenue of Northern Illinois Building Contractors Association Inc?
Northern Illinois Building Contractors Association Inc's revenue in 2023 was $359,869.
Official website here: www.nibca.build
Who are the executives of Northern Illinois Building Contractors Association Inc and what are their salaries?
The average compensation at Northern Illinois Building Contractors Association Inc during 2023 was $120,956. There are 2 employees and 7 volunteers at Northern Illinois Building Contractors Association Inc.
Here are 10 key members and their salaries:
- Compensation: $147,816
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- Other: $22,583
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Official website here: www.nibca.build
Where can I find the form 990 for Northern Illinois Building Contractors Association Inc?
Northern Illinois Building Contractors Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nibca.build
Learn more at the official website: www.nibca.build
Mission Statement of Northern Illinois Building Contractors Association Inc
The Northern Illinois Building Contractors Association Inc, in its mission, aims to strengthen the construction industry and the communities it serves. The primary objective of this organization is to promote high standards of conduct among building contractors operating in Northern Illinois. To achieve this, it unites contractors engaged in building construction, aiming to exert a beneficial influence upon them and promote ethical practices.
In addition to uniting contractors, the association provides valuable information and materials related to construction projects in Northern Illinois. This service helps contractors stay informed about relevant projects and opportunities within the region. Furthermore, the association assists building contractors in negotiating agreements with labor organizations operating in Northern Illinois, ensuring fair and effective labor relations within the construction industry.
The Northern Illinois Building Contractors Association Inc also takes an active role in training contractors, their supervisors, and other employees to ensure compliance with federal, state, and local laws and regulations. By providing this training, the association helps protect both contractors and their clients from legal and reputational risks associated with non-compliance. Additionally, the association offers administrative services to related entities, providing a valuable support function for the construction industry as a whole.
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Impact
October, 2024
Northern Illinois Building Contractors Association Inc significantly impacts the construction industry and the communities it serves by uniting local contractors to foster a collaborative environment aimed at high standards of conduct. By providing comprehensive training programs, the association ensures that contractors, supervisors, and employees are well-versed in compliance with federal, state, and local regulations, promoting safety and accountability within the industry.
The association actively engages in promoting best practices and offers vital resources and information pertaining to construction projects in Northern Illinois. This support not only strengthens individual businesses but also contributes to the overall enhancement of the construction sector in the region. Additionally, by assisting contractors in negotiating agreements with labor organizations, the association helps create a fair and balanced work environment, benefiting both workers and contractors alike.
Through these efforts, Northern Illinois Building Contractors Association Inc plays a crucial role in fostering community improvement, ensuring economic growth, and enhancing the quality of construction standards in the area.
This information is meant to be a general summary of Northern Illinois Building Contractors Association Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $89,869
- Gross Receipts: $359,869
Assets and Liabilities:
- Total Assets: $290,395
- Total Liabilities: $187,061
- Net Assets: $103,334
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSE
Revenue
$89,869
Organization Details
Founding Year
1918
Principal Officer
David Anspaugh
Website
www.nibca.buildNTEE Category
Code: S41 - Community improvement
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