Overview

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Est.

1950

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

ASSOCIATED BUILDERS AND CONTRACTORS INC is a business promotion organization advancing the merit shop construction philosophy, which emphasizes open competition and contracts awarded on merit regardless of labor affiliation. For filing year 2024, it reported an operating budget of $28.5M and total revenue of $29.1M, with top funders including CONSTRUCTION LEGAL RIGHTS FOUNDATION, TRIMMER CONSTRUCTION EDUCATION FOUNDATION, and ASSOCIATED BUILDERS & CONTRACTORS INC.

Mission Statement

ABC'S MISSION IS THE ADVANCEMENT OF THE MERIT SHOP CONSTRUCTION PHILOSOPHY, WHICH ENCOURAGES OPEN COMPETITION AND A FREE ENTERPRISE APPROACH THAT AWARDS CONTRACTS BASED SOLELY ON MERIT, REGARDLESS OF LABOR AFFILIATION.
Revenues
$29.1M
Expenses
$31M
Net Income:
-$1.9M
Assets
$28.5M
Liabilities
$20.4M
Net Assets:
+$8M
Operating Budget
$28.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$58.9K
Largest grant received
$110K
M
Michael Bellaman
Board Member
L
Larry May
Board Member
B
Bill McGrath
Board Member
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  • 8 funders
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  • 12 historic 990s & financials
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Frequently Asked Questions

What is ASSOCIATED BUILDERS AND CONTRACTORS INC’s budget?
In 2024, ASSOCIATED BUILDERS AND CONTRACTORS INC reported an annual operating budget of around $28.5 million. More detailed financial information is available to registered users.
What causes does ASSOCIATED BUILDERS AND CONTRACTORS INC support?
ASSOCIATED BUILDERS AND CONTRACTORS INC supports work in Business promotion.
Where does ASSOCIATED BUILDERS AND CONTRACTORS INC operate?
ASSOCIATED BUILDERS AND CONTRACTORS INC is headquartered in Washington, DC.
Who funded ASSOCIATED BUILDERS AND CONTRACTORS INC recently?
In 2024, ASSOCIATED BUILDERS AND CONTRACTORS INC received grants from ASSOCIATED BUILDERS & CONTRACTORS INC, METROPOLITAN WASHINGTON CHAPTER ASSOCIATED BUILDERS AND CONTRACTORS INC, and ASSOCIATED BUILDERS & CONTRACTORS INC. More information on this organization’s funders is available to registered users.
What is the largest grant ASSOCIATED BUILDERS AND CONTRACTORS INC received in 2024?
The largest grant to ASSOCIATED BUILDERS AND CONTRACTORS INC in 2024 exceeds $110 thousand.