Overview
What is American Subcontractors Assoc Of The Carolinas Inc?
American Subcontractors Assoc of the Carolinas Inc, often abbreviated as ASAC, is a nonprofit organization situated in Charleston, South Carolina. Its primary mission is to improve the business environment within the construction industry. ASAC accomplishes this by maintaining a database of general contractors across the United States, offering references on payment practices, contract clauses, job organization, and more. They also distribute a monthly newsletter, titled the Carolina Subcontractor, and host an annual convention and trade-show for the subcontracting industry. In addition, ASAC provides educational programs and networking opportunities at eight different Carolina chapter locations, offering seminars, meetings, and social events. The organization also offers financial assistance to subcontractors and suppliers facing lawsuits with excessive legal expenses through the ASAC Legal Assistance Fund Program. Lastly, ASAC works to promote legislation favorable to subcontractors and suppliers in the construction industry. In summary, ASAC serves as a valuable resource and advocate for subcontractors and suppliers in the construction industry, by providing various services, programs, and networking opportunities to improve their business environment.
Is American Subcontractors Assoc Of The Carolinas Inc legitimate?
American Subcontractors Assoc Of The Carolinas Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Subcontractors Assoc Of The Carolinas 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: $41,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,000
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What is the mission statement of American Subcontractors Assoc Of The Carolinas Inc?
American Subcontractors Assoc of the Carolinas Inc aims to enhance the business environment within the construction industry. Acting as a steward for the community, their mission is twofold: to promote the values of the association and to establish themselves as a leading figure in the construction sector. They represent the interests of their members by advocating for favorable laws and legislation, and by upholding a standard of support, quality, and service towards their customers and communities.
Who is the CEO of American Subcontractors Assoc Of The Carolinas Inc?
David Van Maanen is the President of American Subcontractors Assoc Of The Carolinas Inc.
What is the revenue of American Subcontractors Assoc Of The Carolinas Inc?
American Subcontractors Assoc Of The Carolinas Inc's revenue in 2022 was $202,916.
Who are the executives of American Subcontractors Assoc Of The Carolinas Inc and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for American Subcontractors Assoc Of The Carolinas Inc?
American Subcontractors Assoc Of The Carolinas Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Subcontractors Assoc Of The Carolinas Inc
American Subcontractors Assoc of the Carolinas Inc is dedicated to enhancing the business environment within the construction industry. As a steward for the community, this organization seeks to promote the values of the Association of Subcontractors Alliance (ASA) and establish itself as a leader in the construction sector. The association represents the interests of its members by developing laws and legislation, setting high standards of support, quality, and service for their customers and communities. By doing so, American Subcontractors Assoc of the Carolinas Inc aims to create a favorable business environment for the construction industry.
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Impact
October, 2024
The American Subcontractors Association of the Carolinas Inc. (ASAC) significantly enhances the construction industry’s business environment in the Carolinas. By maintaining a comprehensive database of general contractors, ASAC provides invaluable insights into payment practices, contract clauses, and job organization, thereby helping subcontractors make informed decisions.
Their monthly publication, the Carolina Subcontractor newsletter, keeps industry professionals updated on relevant news and trends, further fostering a well-informed community. Through annual conventions and trade shows, ASAC promotes educational programs tailored to the current business climate, while also facilitating networking opportunities that drive collaboration and growth within the industry.
Additionally, ASAC's regional chapters extend their impact by offering educational programs and networking events across the Carolinas, ensuring that subcontractors at various stages have access to resources and support. The organization also addresses financial hardships by providing legal assistance to subcontractors facing excessive legal expenses, which can significantly hinder their operations.
Moreover, ASAC actively advocates for favorable legislation, ensuring that the interests of subcontractors and suppliers are represented and protected. This concerted effort not only enhances the industry’s integrity but also strengthens the overall construction community, positioning ASAC as a crucial player in promoting a thriving business environment.
This information is meant to be a general summary of American Subcontractors Assoc Of The Carolinas 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 2022.
- Investment Income: $169
- Program Service Revenue: $120,493
- Gross Receipts: $267,341
Assets and Liabilities:
- Total Assets: $484,918
- Total Liabilities: $99,560
- Net Assets: $385,358
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$75,861
MEETING REVENUE
Revenue
$15,287
MISC
Revenue
$14,485
CONVENTION INCOME
Revenue
$10,405
SOCIAL REVENUE
Revenue
$4,455
Organization Details
Founding Year
1969
Phone
(803) 542-4043Principal Officer
David Van Maanen
Main Address
PO BOX 13329, CHARLESTON, SC, 29422
NTEE Category
Code: S41 - Community improvement
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