ASSOCIATED BUILDERS & CONTRACTORS OF WISCONSIN INC

EIN: 391158527

MADISON, WI

Total Revenue
$5,447,467
Total Expenses
$4,556,540
Total Assets
$7,476,220
Net Assets
$3,927,732
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
WI
Principal Officer
KELLY TOURDOT
Phone
6082445883
Tax Period
2024-01-01 to 2024-12-31

ASSOCIATED BUILDERS & CONTRACTORS OF WISCONSIN INC, founded in 1972, is a community nonprofit that reported $5.4M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $891K, a strong 16% operating margin.

Mission

ASSOCIATED BUILDERS AND CONTRACTORS OF WISCONSIN, INC. ("ASSOCIATION"), IS A NOT-FOR-PROFIT CORPORATION DEDICATED TO PROVIDING THE BEST TRAINING, GOVERNMENT AND LEGAL REPRESENTATION, AND PROGRAMS TO ENSURE MEMBERS A COMPETITIVE ADVANTAGE, ADD VALUE TO THE INDUSTRY'S CLIENTS, PROMOTE A SAFE WORK PLACE, AND ENHANCE THE LIVES OF THE INDUSTRY'S EMPLOYEES. THE ASSOCIATION'S VISION IS TO LEAD THE CONSTRUCTION INDUSTRY IN PROMOTING AND DEFENDING THE GUIDING PRINCIPLES OF THE MERIT SHOP AND FREE ENTERPRISE WHEREBY ANYONE CAN SUCCEED SOLELY ON MERIT. THE ASSOCIATED BUILDERS AND CONTRACTORS OF WISCONSIN, INC. IS AN AFFILIATE OF THE ASSOCIATED BUILDERS & CONTRACTORS, INC. (THE NATIONAL ASSOCIATION).

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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 $3,056,214
Program Service Revenue $1,669,368
Investment Income $706,885
Other Revenue $15,000
TOTAL REVENUE $5,447,467

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,331,656
Fundraising Expenses $0
Program Expenses $3,512,806
Other Expenses $2,224,884
TOTAL EXPENSES $4,556,540

Year-over-Year Comparison

2024 2023 Change
Revenue $5,447,467 $4,332,053 +0.3%
Expenses $4,556,540 $4,215,895 +0.1%
Net Income $890,927 $116,158 +6.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
28
Volunteers
345

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
$233,757
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA CANNIZZARO CHAIR 50.00
Officer Director
$0 $0 $0
KYLE KRAEMER CHAIR ELECT 1.00
Officer Director
$0 $0 $0
JEFFERY DISHER IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
MARK DUDZINSKI TREASURER 1.00
Officer Director
$0 $0 $0
HOLLY JONES SECRETARY 1.00
Officer Director
$0 $0 $0
SAM DANIELS BOARD MEMBER 1.00
Director
$0 $0 $0
JENNA MILIS BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
JOSHUA LEVY BOARD MEMBER 1.00
Director
$0 $0 $0
CHAD DERRICK BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW KAEHNY BOARD MEMBER 1.00
Director
$0 $0 $0
KELLY TOURDOT PRESIDENT 40.00
Officer
$199,284 $34,473 $233,757
DON MOEN EMPLOYEE 40.00
Highest
$162,347 $28,610 $190,957
BILL STRANBERG EMPLOYEE 40.00
Highest
$166,905 $14,046 $180,951
EVAN BEINE EMPLOYEE 40.00
Highest
$146,807 $32,161 $178,968
JARED WEBER EMPLOYEE 40.00
Highest
$142,094 $30,565 $172,659
DAN PARKS EMPLOYEE 40.00
Highest
$132,035 $31,219 $163,254
JOHN MIELKE FORMER PRESIDENT 40.00
$214,564 $29,351 $243,915
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
2024 $5,447,467 $4,556,540 $7,476,220 $890,927
2023 $4,332,053 $4,215,895 $6,530,557 $116,158
2022 $3,970,836 $4,002,441 $5,897,262 $-31,605
2021 $3,503,036 $3,544,370 $5,869,606 $-41,334
2020 $3,553,744 $3,660,981 $5,515,207 $-107,237
2019 $3,583,045 $3,617,760 $5,501,982 $-34,715
2018 $3,230,466 $3,210,894 $5,104,596 $19,572
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