Civic Intelligence

Associated Builders and Contractors

EIN 56-2067083 • 501(c)6 • Charlotte, NC

Profile

The associated builders and contractors, inc. Represents the interest of merit shop contractors and its employees in the protection and enhancement of the free enterprise system within the construction industry policy making process of government provision of educational, marketing and informational programs. Abc contractors strongly believe in their right to manage their companies and job sites free of coercion and artificial restraints. Further, they believe that workers should be hired and paid on the basis of individual merit, that contracts should be awarded to the lowest responsible bidder and that the continuation of craft and safety training is the life blood of the industry. All members have an equal voice in the management of association affairs, regardless of position in the industry. Abc is free enterprise in action.

610 Minuet LaneCharlotte, NC 28217

www.abccarolinas.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.35x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

0.55x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

32nd percentile

-0.7%

Higher net margin than 32% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

26th percentile

-2.0%

Faster asset growth than 26% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-4.0%

Faster revenue growth than 20% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,618,472

Down $53,621 (-2.0%) from 2023

Liabilities

Down

$911,008

Down $166,567 (-15%) from 2023

Net Assets

Up

$1,707,464

Up $112,946 (+7.1%) from 2023

Revenue

Down

$1,671,046

Down $69,520 (-4.0%) from 2023

Expenses

Down

$1,682,865

Down $53,426 (-3.1%) from 2023

Net Income

Down

-$11,819

Down $16,094 (-376%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2010: $679,986Liabilities 2010: $103,031Net Assets 2010: $576,9552010Assets 2011: $540,342Liabilities 2011: $85,732Net Assets 2011: $454,6102011Assets 2012: $1,175,938Liabilities 2012: $635,030Net Assets 2012: $540,9082012Assets 2013: $1,139,784Liabilities 2013: $623,418Net Assets 2013: $516,3662013Assets 2014: $1,316,116Liabilities 2014: $595,242Net Assets 2014: $720,8742014Assets 2015: $1,328,436Liabilities 2015: $610,277Net Assets 2015: $718,1592015Assets 2016: $1,638,418Liabilities 2016: $1,202,058Net Assets 2016: $436,3602016Assets 2017: $2,748,379Liabilities 2017: $2,166,857Net Assets 2017: $581,5222017Assets 2018: $2,318,386Liabilities 2018: $1,816,532Net Assets 2018: $501,8542018Assets 2019: $2,175,980Liabilities 2019: $1,827,755Net Assets 2019: $348,2252019Assets 2020: $2,106,324Liabilities 2020: $726,391Net Assets 2020: $1,379,9332020Assets 2021: $2,148,348Liabilities 2021: $596,165Net Assets 2021: $1,552,1832021Assets 2022: $2,838,283Liabilities 2022: $1,377,163Net Assets 2022: $1,461,1202022Assets 2023: $2,672,093Liabilities 2023: $1,077,575Net Assets 2023: $1,594,5182023Assets 2024: $2,618,472Liabilities 2024: $911,008Net Assets 2024: $1,707,4642024

Highlighted filing

2024

Assets$2,618,472
Liabilities$911,008
Net Assets$1,707,464

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $1,430,390Expenses 2010: $1,340,360Net Income 2010: $90,0302010Revenue 2011: $1,441,928Expenses 2011: $1,564,273Net Income 2011: -$122,3452011Expenses 2012: $1,477,0932012Revenue 2013: $1,589,373Expenses 2013: $1,613,915Net Income 2013: -$24,5422013Revenue 2014: $1,783,978Expenses 2014: $1,579,470Net Income 2014: $204,5082014Revenue 2015: $1,694,640Expenses 2015: $1,697,355Net Income 2015: -$2,7152015Revenue 2016: $1,798,978Expenses 2016: $1,754,531Net Income 2016: $44,4472016Revenue 2017: $2,200,794Expenses 2017: $2,055,632Net Income 2017: $145,1622017Revenue 2018: $1,401,625Expenses 2018: $1,560,679Net Income 2018: -$159,0542018Revenue 2019: $1,044,128Expenses 2019: $1,197,757Net Income 2019: -$153,6292019Revenue 2020: $2,012,489Expenses 2020: $980,781Net Income 2020: $1,031,7082020Revenue 2021: $1,356,343Expenses 2021: $1,229,495Net Income 2021: $126,8482021Revenue 2022: $1,651,559Expenses 2022: $1,574,752Net Income 2022: $76,8072022Revenue 2023: $1,740,566Expenses 2023: $1,736,291Net Income 2023: $4,2752023Revenue 2024: $1,671,046Expenses 2024: $1,682,865Net Income 2024: -$11,8192024

Highlighted filing

2024

Revenue$1,671,046
Expenses$1,682,865
Net Income-$11,819

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.62$0.91$1.71$1.67$1.68$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.67$1.08$1.59$1.74$1.74$0.00
2022Detailed filing. Detailed filing data is available for this year.$2.84$1.38$1.46$1.65$1.57$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.15$0.60$1.55$1.36$1.23$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.11$0.73$1.38$2.01$0.98$1.03
2019Detailed filing. Detailed filing data is available for this year.$2.18$1.83$0.35$1.04$1.20$0.15
2018Detailed filing. Detailed filing data is available for this year.$2.32$1.82$0.50$1.40$1.56$0.16
2017Detailed filing. Detailed filing data is available for this year.$2.75$2.17$0.58$2.20$2.06$0.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$1.20$0.44$1.80$1.75$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.33$0.61$0.72$1.69$1.70$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.32$0.60$0.72$1.78$1.58$0.20
2013Detailed filing. Detailed filing data is available for this year.$1.14$0.62$0.52$1.59$1.61$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.64$0.54$1.48
2011Summary only. Only limited summary data is available for this year.$0.54$0.09$0.45$1.44$1.56$0.12
2010Summary only. Only limited summary data is available for this year.$0.68$0.10$0.58$1.43$1.34$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 4, 2025
Return Version
2024v5.2
Gross Receipts
$2,012,817
Mission and Program Overview

Mission

To promote and improve the image of construction and address the many issues facing the industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,032,933$1,108,764▲ $75,831
Cash and Non-Interest-Bearing Accounts$1,017,591$924,316▼ $93,275
Prepaid Expenses and Deferred Charges$34,496$43,806▲ $9,310
Land, Buildings, and Equipment, Net$17,845$26,226▲ $8,381
Accounts Receivable$17,350$1,074▼ $16,276
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,672,093$2,618,472▼ $53,621
Other Assets Total$551,878$514,286▼ $37,592
Liabilities
Other Liabilities$556,498$440,915▼ $115,583
Deferred Revenue$445,387$402,696▼ $42,691
Accounts Payable and Accrued Expenses$75,690$67,397▼ $8,293
Total Liabilities$1,077,575$911,008▼ $166,567
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,594,518$1,707,464▲ $112,946
Total Net Assets Fund Balance$1,594,518$1,707,464▲ $112,946
Total Liabilities and Net Assets / Fund Balance$2,672,093$2,618,472▼ $53,621

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,459$87,186$105,645
Leasehold Improvements$7,767$6,618$14,385
Other Assets Org$11,689--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kristen PowellPresident & CEOFT$136,546$38,454$175,000

Board Members and Trustees

NameTitle
Cristi LewisChair-Elect
Allen AmsleChairman
Chris MooreImm. Past Chair
Derek LanningPast Chairman
Scott MayerVice Chairman
Amy SullivanDirector
Andy GraysonDirector
Angela CarterDirector
Chris DarlingDirector
Dan ThomasDirector
Darryl ThorntonDirector
Emory SadlerDirector
Floyd McCabeDirector
Fred AdamsDirector
Greg CarltonDirector
Jason MooreDirector
Josh MauneyDirector
Justin BakerDirector
Scott CutlerDirector
Christi PowellSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$84,215
Program Service Revenue
$1,429,866
Investment Income
$32,086
Other Revenue
$124,879
All Other Contributions
$84,215
Change in Net Assets
$-11,819

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,663,525
Revenue Not Reported on Financial Statements
$7,521
Revenue Not Reported on Form 990
$124,765
Total Revenue per Audited Statements
$1,788,290
Total Revenue per Form 990
$1,671,046
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$852,461
Other Expenses$830,404
Total Fundraising Expense$124,682
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$421,269$119,760$59,004$600,033
Current Officers, Directors, Trustees, and Key Employees$43,750$105,000$26,250$175,000
Travel$50,629$21,579$10,790$82,998
Payroll Taxes$35,993$17,396$6,599$59,988
Occupancy$44,664$5,255$2,627$52,546
Other Expenses$19,676$17,489$6,558$43,723
Office Expenses$13,052$11,289$10,936$35,277
Fees for Services Accounting-$27,620-$27,620
Conferences and Meetings$7,796$11,695-$19,491
Other Employee Benefits$10,464$5,058$1,918$17,440
Insurance$1,557$14,010-$15,567
Fees for Service Investment Mgmnt Fees-$7,521-$7,521
All Other Expenses-$3,112-$3,112
Fees for Services Legal-$268-$268
Total Functional Expenses$1,139,604$418,579$124,682$1,682,865

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,682,865
Expenses per Audited Statements$1,675,344
Total Expenses per Audited Statements$1,675,344
Expenses Not Reported on Financial Statements$7,521
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$432,588
Fundraising Direct Expenses$341,771
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Regional Events$271,803$271,803$238,602$33,201
EIC Gala$160,785$160,785$103,169$57,616
Total Events$432,588$432,588$341,771$90,817
Political and Lobbying Activity
Political campaign activity
Yes
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$76,010
Total Nondeductible Lobbying and Political Cost$-77,383
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
right of use operating lease liability$426,931
Right of use financing Lease Liability$13,984
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The Organization has the following categories of membership:(A) Contractor members shall be defined to be any person, firm or corporation engaged in any work related to the construction industry as a contractor who provides labor to the construction site. Members of this chapter shall be contractors defined in the bylaws of ABCC, of good reputation, who have their office in the area served by this chapter, and who shall have applied for and been accepted in due form to membership in this chapter, subject to the provisions of the bylaws herein set forth.(B) Multiple members of this chapter sahll be members who qualify as follows: Multiple members shall be defined to be a member of another chapter or a national member at-large who becomes a member under the same name in this chapter.(C) Sustaining members shall be defined to be a member, life member, firm, industry association, foundation, or any other group or individual who agrees to make a voluntary contribution to help defray the costs of furthering the objectives, purposes and programs of the chapter.(D) Supplier, industry professional members of this chapter shall be those who qualify under one of the paragraphs (1) or (2) below. (1) Supplier members shall be defined to be any person, firm or corporation engaged in any work related to the construction industry and who furnishes material, but not construction labor, except for the temporary construction labor, to the construction site. (2) Industry professional members shall be defined to be any person, firm or corporation engaged in any work related to the construction industry who does not furnish labor and/or material to construction sites.(E) Honorary life membership in the chapter may be extended to an individual retired from an active roll in the industry who wishes to continue to participate in furthering the objective, purposes and programs of the chapter. An honorary life member must have contributed an outstanding service to the chapter and be recommended to the local board of directors for approval as a life member of the chapter.(F) There shall be established an honor roll of ABCC members consisting of any ABCC member or employee who has passed away and whom the ABCC board of directors certifies as having been instrumental in shaping the contracting industry for North & South Carolina.

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

The Organization's Form 990 was prepared by an oustide accounting firm. Once completed, the return was reviewed by the Executive Committee.

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

The policy is reviewed annually at the January board meeting, explained to the board members and officers, and discussed to identify any potential conflicts of interest.

Form 990, Part VI, Section B, Line 15A

Compensation is determined annually by a committee consisting of the board of directors. The compensation for the President is established using comparable association data obtained from ABC National, and the president's performance benchmarked against the Chapter's strategic plan.

Form 990, Part VI, Section C, Line 19

The Organization makes its financial statements, governing documents, and conflict of interest policy available upon request at the Organization's office.Recent filings of the Form 990 can also be found at www.guidestar.org

Filing and Contact Details

Filer

Filer Name
Associated Builders and Contractors
EIN
56-2067083
Phone
7043671331
Address
610 Minuet Lane, Charlotte, NC 28217

Signing Officer

Name
Christi Powell
Title
Secretary
Signed
2025-08-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristen Powell
Formed
1998
Legal Domicile
Nc
Voting Board Members
20
Independent Board Members
20
Employees
9
Volunteers
50

Preparer

Firm
Foard and Company PA
Address
1347 Harding Place, Charlotte, NC 28204
Preparer
Garrett Summers
Phone
7043721515
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IRS990/Form990PartVIISectionAGrp/PersonNm7Derek Lanning
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IRS990/Form990PartVIISectionAGrp/PersonNm9Chris Darling
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IRS990/Form990PartVIISectionAGrp/PersonNm12Allen Amsle
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IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
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