Overview
What is Associated Builders & Contractors Inc?
Associated Builders & Contractors Inc, headquartered in Grand Rapids, Michigan, is a nonprofit organization dedicated to championing and encouraging the construction industry. They hold the Excellence in Construction Awards Program, recognizing and promoting quality construction, benefiting over 400 individuals. Their mission is to foster, develop, and safeguard the building and construction sectors, upholding the merit shop philosophy. This philosophy promotes open competition and a free-enterprise approach to construction, regardless of labor affiliations. ABC, with a staff of 15, continuously strives to be a leading voice advocating for free enterprise within the construction industry.
Official website here: www.abcwmc.org
Is Associated Builders & Contractors Inc legitimate?
Associated Builders & Contractors Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Associated Builders & Contractors 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: $329,384
Professional Fundraising Fees: $0
Other Salaries and Wages: $482,920
For more financial information, click here
Official website here: www.abcwmc.org
What is the mission statement of Associated Builders & Contractors Inc?
Associated Builders & Contractors Inc's mission is centered around advocating for the construction industry. The organization continually works to be a prominent advocate for free enterprise within this sector. ABC promotes and defends the merit shop philosophy, which encourages open competition and a free-market approach to construction, irrespective of labor affiliations. Their mission also involves recognizing quality construction through their Excellence in Construction Awards program, benefiting a significant number of individuals.
Official website here: www.abcwmc.org
Who is the CEO of Associated Builders & Contractors Inc?
Greg George is the CEO of Associated Builders & Contractors Inc The CEO's salary of Associated Builders & Contractors Inc is $148,304 and their total compensation is $154,236.
Official website here: www.abcwmc.org
What is the revenue of Associated Builders & Contractors Inc?
Associated Builders & Contractors Inc's revenue in 2023 was $2,682,128.
Official website here: www.abcwmc.org
Who are the executives of Associated Builders & Contractors Inc and what are their salaries?
The average compensation at Associated Builders & Contractors Inc during 2023 was $28,010. There are 29 employees and 200 volunteers at Associated Builders & Contractors Inc.
Here are 20 key members and their salaries (Associated Builders & Contractors Inc's CEO's salary is $148,304 and their total compensation is $154,236):
- Compensation: $148,304
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- Other: $5,932
- Compensation: $145,723
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- Other: $10,635
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Official website here: www.abcwmc.org
Where can I find the form 990 for Associated Builders & Contractors Inc?
Associated Builders & Contractors Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.abcwmc.org
Learn more at the official website: www.abcwmc.org
Mission Statement of Associated Builders & Contractors Inc
Associated Builders & Contractors Inc, in its mission, strives to encourage, develop, and safeguard the building and construction industries. The organization is committed to being the leading advocate for free enterprise within this sector. ABC promotes and defends the merit shop philosophy, a belief that encourages fair competition in construction, irrespective of labor affiliations. This philosophy is based on the principle of awarding projects solely based on merit, ensuring a level playing field for all contractors.
In line with this mission, ABC launched the Excellence in Construction Awards program. The purpose of this program is to promote and recognize high-quality construction work. Through this initiative, 425 individuals have benefited, highlighting ABC's dedication to upholding standards of excellence within the construction industry. The organization's mission reflects its commitment to fostering a competitive and merit-based environment in the construction sector, thereby contributing to the overall growth and development of the industry.
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Impact
October, 2024
Associated Builders & Contractors Inc (ABC) plays a significant role in enhancing the building and construction industries by promoting and recognizing high standards of quality in construction. Through initiatives like the Excellence in Construction Awards Program, ABC acknowledges the achievements of industry professionals, directly benefiting approximately 425 individuals by fostering a culture of excellence and competition.
ABC is committed to advocating for free enterprise within the construction sector. Its mission emphasizes the importance of the merit shop philosophy, which encourages open competition based on merit rather than labor affiliation. This approach not only drives innovation and efficiency but also helps create a more dynamic and competitive marketplace, enabling businesses to thrive.
Located in Grand Rapids, Michigan, ABC contributes to community improvement by empowering construction professionals and companies, ultimately leading to better infrastructure and economic growth in the region. Its efforts ensure that high standards are maintained within the industry, benefiting clients, contractors, and the broader community alike.
This information is meant to be a general summary of Associated Builders & Contractors 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.
- Investment Income: $3,619
- Program Service Revenue: $2,239,253
- Gross Receipts: $2,682,128
Assets and Liabilities:
- Total Assets: $3,467,695
- Total Liabilities: $1,878,250
- Net Assets: $1,589,445
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,298,072
MANAGEMENT FEE REVENUE
Revenue
$514,462
MEMBERSHIP ACTIVITIES
Revenue
$304,111
LEADERSHIP PROGRAM
Revenue
$101,008
MERIT SHOP ACTION FUND
Revenue
$20,500
Organization Details
Founding Year
1956
Principal Officer
Greg George
Website
www.abcwmc.orgNTEE Category
Code: S41 - Community improvement
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