Civic Intelligence

The Associated General Contractors Industry Advancement Fund

990 • Fiscal year 2021 • EIN 32-0607967

Nov 01, 2020 to Oct 31, 2021 • Filed on Dec 15, 2021

3219 Executive Park DriveSpringfield, IL 62703

(217) 789-2650

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

47th percentile

0.13x

Higher debt load relative to assets than 47% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

41st percentile

0.13x

Higher debt load relative to revenue than 41% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Net Margin

90th percentile

36%

Higher net margin than 90% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

75th percentile

$217,066

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 18.8% of source-year revenue.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Asset Growth

87th percentile

38%

Faster asset growth than 87% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

16th percentile

-12%

Faster revenue growth than 16% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,132,140

Up $314,367 (+38%) from 2020

Net Assets

Up

$985,896

Up $421,830 (+75%) from 2020

Liabilities

Down

$146,244

Down $107,463 (-42%) from 2020

Revenue

Down

$1,152,339

Down $161,557 (-12%) from 2020

Expenses

Down

$733,611

Down $16,219 (-2.2%) from 2020

Net Income

Down

$418,728

Down $145,338 (-26%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2020: $817,773Liabilities 2020: $253,707Net Assets 2020: $564,0662020Assets 2021: $1,132,140Liabilities 2021: $146,244Net Assets 2021: $985,8962021Assets 2022: $1,536,649Liabilities 2022: $272,070Net Assets 2022: $1,264,5792022Assets 2025: $3,224,587Liabilities 2025: $535,849Net Assets 2025: $2,688,7382025

Highlighted filing

2021

Assets$1,132,140
Liabilities$146,244
Net Assets$985,896

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0Revenue 2020: $1,313,896Expenses 2020: $749,830Net Income 2020: $564,0662020Revenue 2021: $1,152,339Expenses 2021: $733,611Net Income 2021: $418,7282021Revenue 2022: $1,219,895Expenses 2022: $872,919Net Income 2022: $346,9762022Revenue 2025: $1,716,659Expenses 2025: $984,740Net Income 2025: $731,9192025

Highlighted filing

2021

Revenue$1,152,339
Expenses$733,611
Net Income$418,728
Jump To
Filing Snapshot
Filing Period
Nov 1, 2020 to Oct 31, 2021
Signed
Dec 15, 2021
Return Version
2020v4.1
Gross Receipts
$1,412,049
Mission and Program Overview

Mission

Primary purpose is the advancement of heavy highway industry in the state of illinois.

The advancement of heavy highway contractors and the heavy highway industry in the state of illinois

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$675,940$757,407▲ $81,467
Investments in Publicly Traded Securities$0$253,175▲ $253,175
Accounts Receivable$141,833$121,558▼ $20,275
Total Assets$817,773$1,132,140▲ $314,367
Liabilities
Accounts Payable and Accrued Expenses$253,707$146,244▼ $107,463
Total Liabilities$253,707$146,244▼ $107,463
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$564,066$985,896▲ $421,830
Total Net Assets Fund Balance$564,066$985,896▲ $421,830
Total Liabilities and Net Assets / Fund Balance$817,773$1,132,140▲ $314,367
Compensation and Service Providers

Board Members and Trustees

NameTitle
Art SynderImmediate Past President
David TyroltPast President
William KinneyPast President
Jim DavidsmeyerPresident
Brad BruinsVice President
Matt BennettAssociate Director
Matt RolandAssociate Director
Adam HassDirector
Allan ReyhanDirector
Allen CullinanDirector
Beck SimondsDirector
Bob BrunerDirector
Bob DunnDirector
Brandon MachenDirector
David Stark JrDirector
Everett BellDirector
Gene KeeleyDirector
Jay CallisonDirector
Jeff FuerstDirector
Joseph CowanDirector
Ken KilianDirector
Matt DecapDirector
Russel TobeyDirector
Ryan ClarkDirector
Brian VogtDirector at Large
Greg MillerDirector at Large
William FreyExecutive Director
Matt ReyhanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,150,424
Investment Income
$1,915
Other Revenue
$0
Change in Net Assets
$418,728
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$733,611
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates---$720,525
Other Expenses---$8,309
Fees for Services Legal---$3,999
Fees for Service Investment Mgmnt Fees---$778
Total Functional Expenses$0$0$0$733,611
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of the 990 is provided to the executive director of the board of directors for review and approval before it is filed.

Form 990, Part VI, Section B, Line 12C

Annually, each board member must disclose any known conflicts of interest. The board monitors that each board member has completed this disclosure.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Associated General Contractors
EIN
32-0607967
Phone
2177892650
Address
3219 EXECUTIVE PARK DRIVE, SPRINGFIELD, IL 62703

Signing Officer

Name
Bill Frey
Title
Executive Director
Phone
2177892650
Signed
2021-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Frey
Formed
2019
Legal Domicile
Il
Voting Board Members
27
Independent Board Members
27
Employees
0
Volunteers
0

Preparer

Firm
Kerber Eck & Braeckel Llp
Address
3200 ROBBINS ROAD STE 200A, SPRINGFIELD, IL 62704
Preparer
Kathleen O Ward
Phone
2177890960
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, QUESTION 2C:

The organization's finance committee reviews and approves the audited financial statements.

Financial Statement Notes

PART X, LINE 2:

The organization has recognized in the financial statements the effects of all tax positions and continually evaluates expiring statutes of limitations, audits, changes in tax law, and new authoritative rulings. The association is not aware of any circumstances or events that make it reasonably possible that unrecognized tax benefits may increase or decrease within 12 months of the date of the statement of financial position. Penalties and interest assessed by taxing authorities are included in miscellaneous expenses, if applicable. There were no interest or penalties paid during 2021.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20ASSOCIATE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21ASSOCIATE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt23PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt24PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt27EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0100
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt027
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0259810
IRS990/GrossReceiptsAmt01412049
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt027
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt01815
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01815
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0253175
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0259710
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PRIMARY PURPOSE IS THE ADVANCEMENT OF HEAVY HIGHWAY INDUSTRY IN THE STATE OF ILLINOIS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0564066
IRS990/NetAssetsOrFundBalancesEOYAmt0985896
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0100
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0100
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt03102
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0564066
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0985896
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/TotalAmt08309
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt0720525
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BILL FREY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0INDUSTRY ADVANCEMENT F
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01150424
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01150424
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0181717
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0811
IRS990/PYOtherExpensesAmt0749830
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01131368
IRS990/PYRevenuesLessExpensesAmt0564066
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0749830
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01313896
IRS990/ReconcilationRevenueExpnssAmt0418728
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS RECOGNIZED IN THE FINANCIAL STATEMENTS THE EFFECTS OF ALL TAX POSITIONS AND CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE ASSOCIATION IS NOT AWARE OF ANY CIRCUMSTANCES OR EVENTS THAT MAKE IT REASONABLY POSSIBLE THAT UNRECOGNIZED TAX BENEFITS MAY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE DATE OF THE STATEMENT OF FINANCIAL POSITION. PENALTIES AND INTEREST ASSESSED BY TAXING AUTHORITIES ARE INCLUDED IN MISCELLANEOUS EXPENSES, IF APPLICABLE. THERE WERE NO INTEREST OR PENALTIES PAID DURING 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0204066
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt013000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WILLIAM FREY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0217066
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE 990 IS PROVIDED TO THE EXECUTIVE DIRECTOR OF THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY, EACH BOARD MEMBER MUST DISCLOSE ANY KNOWN CONFLICTS OF INTEREST. THE BOARD MONITORS THAT EACH BOARD MEMBER HAS COMPLETED THIS DISCLOSURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S FINANCE COMMITTEE REVIEWS AND APPROVES THE AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, QUESTION 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE ASSOCIATED GENERAL CONTRACTORS OF IL EDUCATION FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1THE ASSOCIATED GENERAL CONTRACTORS OF ILLINOIS POLITICAL ACTION COMMITTEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2THE ASSOCIATED GENEREAL CONTRACTORS OF ILLINOIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0237159951
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1371364901
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2370343360
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0SECTION 501(C)(3)

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