ASSOCIATED BUILDERS AND CONTRACTORS OF IOWA (EIN 421029016) - Form 990 Financial Analysis & Trantor Score

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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

1974

Legal Domicile

Principal Officer

GREG SPENNER

Phone

5159851160

Tax Period

2025-01-01 to 2025-12-31

ASSOCIATED BUILDERS AND CONTRACTORS OF IOWA, founded in 1974, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2025. Expenses of $2.5M left a modest 13% surplus.

Mission

CONSTRUCTION EDUCATION TRAINING AND SAFETY EDUCATION.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,776,428

Investment Income $129,830

Other Revenue $1,850

TOTAL REVENUE $2,908,108

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,341,042

Fundraising Expenses $0

Program Expenses $2,515,918

Other Expenses $1,174,876

TOTAL EXPENSES $2,515,918

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,908,108	$2,818,910	+0.0%
Expenses	$2,515,918	$2,561,506	0.0%
Net Income	$392,190	$257,404	+0.5%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

$580,944

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WES FULTON	DIRECTOR	2.00	Director	$0	$0	$0
BRAD NATZKE	DIRECTOR	2.00	Director	$0	$0	$0
CURTIS PIKE	DIRECTOR	2.00	Director	$0	$0	$0
TOM PROCTOR	DIRECTOR	2.00	Director	$0	$0	$0
BRET WAGONER	DIRECTOR	2.00	Director	$0	$0	$0
JESSE PRICE	DIRECTOR	2.00	Director	$0	$0	$0
MIKE O'DAY	TREASURER	2.00	Officer	$0	$0	$0
RUSTY ROHE	CHAIR-ELECT	2.00	Officer	$0	$0	$0
ROGER CANNOY	CHAIR	2.00	Officer	$0	$0	$0
JIM ELLIS	IMMEDIATE PAST CHAIR	2.00	Officer	$0	$0	$0
ZACH SIMS	VICE CHAIR	2.00	Officer	$0	$0	$0
GREG SPENNER	PRESIDENT & CEO	50.00	Key Emp	$268,397	$50,037	$318,434
VIRGINNIA SHINDELAR	VICE PRESIDENT	50.00	Key Emp	$218,899	$43,611	$262,510

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	$2,908,108	$2,515,918	$6,035,153	$392,190
2024	$2,818,910	$2,561,506	$5,477,635	$257,404
2023	$2,789,130	$2,451,843	$5,203,109	$337,287
2022	$2,392,209	$2,246,137	$4,861,787	$146,072
2021	$2,333,873	$2,082,076	$4,493,263	$251,797
2020	$2,407,148	$2,043,413	$4,234,908	$363,735
2019	$2,383,817	$1,967,424	$3,838,591	$416,393
2018	$2,249,230	$2,116,330	$3,394,375	$132,900

ASSOCIATED BUILDERS AND CONTRACTORS OF IOWA