ASSOCIATED GENERAL CONTRACTORS OF MAINE

EIN: 010275734

AUGUSTA, ME

Total Revenue
$1,861,079
Total Expenses
$1,722,162
Total Assets
$1,308,770
Net Assets
$931,995
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
ME
Principal Officer
KELLY FLAGG
Phone
2076224741
Tax Period
2024-01-01 to 2024-12-31

ASSOCIATED GENERAL CONTRACTORS OF MAINE, founded in 1951, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Expenses of $1.7M left a modest 7% surplus.

Mission

TO BE AN ASSOCIATION OF CONTRACTORS AND RELATED BUSINESSES COMMITTED TO PROMOTING THE BALANCED INTERESTS OF ITS MEMBERS AND ADVOCATING THE HIGHEST STANDARDS OF QUALITY, PROFESSIONALISM, SAFETY, AND ETHICS. THIS IS ACHIEVED THROUGH THE PROVIDING OF TRAINING, THE DISSEMINATION OF INFORMATION, AND ACTING AS A REPRESENTATIVE AT THE STATE LEVEL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $639,904
Program Service Revenue $1,158,716
Investment Income $31,840
Other Revenue $30,619
TOTAL REVENUE $1,861,079

Expense Breakdown

Grants Paid $0
Salaries & Benefits $541,505
Fundraising Expenses $0
Other Expenses $1,180,657
TOTAL EXPENSES $1,722,162

Year-over-Year Comparison

2024 2023 Change
Revenue $1,861,079 $1,864,110 0.0%
Expenses $1,722,162 $1,728,244 0.0%
Net Income $138,917 $135,866 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
25
Independent Members
25
Employees
9
Volunteers
35

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$147,278
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ACETO DAN COMMITTEE CHAIR - BUILDING 1.00
Director
$0 $0 $0
ADAMS GLENN COMMITTEE CHAIR - GOVERNMENT RELATIONS 1.00
Director
$0 $0 $0
BIRNEY BILL COMMITTEE CHAIR - ENERGY & INUDSTRIAL 1.00
Director
$0 $0 $0
CHADWICK JASON BOARD MEMBER 1.00
Director
$0 $0 $0
COOMBS DARRYL COMMITTEE CHAIR - GOVERNMENT RELATIONS 1.00
Director
$0 $0 $0
CROSS WOODROW BOARD MEMBER 1.00
Director
$0 $0 $0
CUMMINGS BRUCE BOARD MEMBER 1.00
Director
$0 $0 $0
DAYCOOMBS KEVIN BOARD MEMBER 1.00
Director
$0 $0 $0
GADDAR NICK COMMITTEE CHAIR - EMERGING CONTRACTORS 1.00
Director
$0 $0 $0
MAKER CLAY BOARD MEMBER 1.00
Director
$0 $0 $0
MITCHELL GEOFF BOARD MEMBER 1.00
Director
$0 $0 $0
NOYES TRAVIS COMMITTEE CHAIR - TRANSPORTATION & SITEWORK 1.00
Director
$0 $0 $0
OUELLET MIKE BOARD MEMBER 1.00
Director
$0 $0 $0
OUELLETTE TIM BOARD MEMBER 1.00
Director
$0 $0 $0
PLOSSAY BRETT BOARD MEMBER 1.00
Director
$0 $0 $0
SAWYER TODD BOARD MEMBER 1.00
Director
$0 $0 $0
SCHAUB GREG BOARD MEMBER 1.00
Director
$0 $0 $0
THEBARGE JOHN BOARD MEMBER 1.00
Director
$0 $0 $0
THOMPSON THERESA BOARD MEMBER 1.00
Director
$0 $0 $0
WOOD ROBIN COMMITTEE CHAIR - HUMAN RESOURCES 1.00
Director
$0 $0 $0
NASON TOM PRESIDENT 4.50
Officer Director
$0 $0 $0
KENDALL CHRISTINE VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
COSTELLO JOE SECRETARY 2.00
Officer Director
$0 $0 $0
FERGUSON SEAN TREASURER 3.00
Officer Director
$0 $0 $0
RITCHIE ERIC AT LARGE 2.00
Officer Director
$0 $0 $0
FLAGG KELLY EXECUTIVE DIRECTOR 40.00
Officer
$130,938 $16,340 $147,278
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $1,861,079 $1,722,162 $1,308,770 $138,917
2023 $1,864,110 $1,728,244 $1,435,427 $135,866
2022 $1,030,438 $971,968 $998,540 $58,470
2021 $873,963 $814,662 $830,259 $59,301
2019 $809,143 $763,874 $680,926 $45,269
2018 $859,998 $752,769 $544,806 $107,229
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