AMERICAN SUBCONTRACTORS ASSOCIATION INC

EIN: 520880835

ALEXANDRIA, VA

Total Revenue
$1,578,900
Total Expenses
$1,330,649
Total Assets
$3,083,857
Net Assets
$2,535,399
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
DC
Principal Officer
RICHARD BRIGHT
Phone
7036843450
Tax Period
2024-07-01 to 2025-06-30

AMERICAN SUBCONTRACTORS ASSOCIATION INC, founded in 1966, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $248K, a strong 16% operating margin.

Mission

AMPLIFY THE VOICE OF AND LEAD TRADE CONTRACTORS TO IMPROVE THE BUSINESS ENVIRONMENT FOR THE CONSTRUCTION INDUSTRY AND TO SERVE AS A STEWARD FOR THE CONSTRUCTION INDUSTRY.

Program Service Accomplishments

Program 1

ADVOCACY: ADVOCATE TO PROTECT THE RIGHTS OF CONSTRUCTION SUBCONTRACTORS, SPECIALTY TRADE CONTRACTORS AND SUPPLIERS AND IMPROVE THE BUSINESS ENVIRONMENT BEFORE ALL BRANCHES AND LEVELS OF GOVERNMENT...

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ADVOCACY: ADVOCATE TO PROTECT THE RIGHTS OF CONSTRUCTION SUBCONTRACTORS, SPECIALTY TRADE CONTRACTORS AND SUPPLIERS AND IMPROVE THE BUSINESS ENVIRONMENT BEFORE ALL BRANCHES AND LEVELS OF GOVERNMENT AND THE CONSTRUCTION INDUSTRY. ACHIEVEMENTS INCLUDED IMPACTING KEY FEDERAL LEGISLATIVE AND REGULATORY PROPOSALS CONCERNING FUNDING OF CONSTRUCTION, TAXES, IMMIGRATION, SAFETY AND HEALTH, AND GOVERNMENT PROCUREMENT; DEVELOPING MODEL MATERIALS FOR AND COACHING STATE AND LOCAL SUBCONTRACTOR ORGANIZATIONS ON THEIR ADVOCACY AREAS ON ISSUES SUCH AS PAYMENT, BIDDING AND RISK ALLOCATION; FILING AMICUS BRIEFS CONCERNING SUBCONTRACTOR ISSUES BEFORE NUMEROUS APPEALS COURTS; COLLABORATING WITH OTHER INDUSTRY GROUPS ON BEST PRACTICES AND STANDARD DOCUMENTS.

Program 2

COMMUNICATIONS: COMMUNICATE WITH MEMBERS, PROSPECTIVE MEMBERS, CHAPTERS AND INDUSTRY GROUPS IN A TIMELY, FOCUSED, INTERACTIVE AND EFFECTIVE MANNER. ACHIEVEMENTS INCLUDED KEEPING MEMBERS INFORMED OF...

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COMMUNICATIONS: COMMUNICATE WITH MEMBERS, PROSPECTIVE MEMBERS, CHAPTERS AND INDUSTRY GROUPS IN A TIMELY, FOCUSED, INTERACTIVE AND EFFECTIVE MANNER. ACHIEVEMENTS INCLUDED KEEPING MEMBERS INFORMED OF CURRENT EVENTS AND TRENDS THROUGH REGULAR NEWSLETTERS, SPECIAL REPORTS, MAGAZINES, AND WEB SITES; ENCOURAGING COMMUNICATION AMONG MEMBERS AND OTHERS THROUGH THE INTERNET; AND COMMUNICATING WITH AND THROUGH THE MEDIA.

Program 3

EDUCATION: PROVIDE BUSINESS MANAGEMENT EDUCATION TO THE CONSTRUCTION INDUSTRY. ACHIEVEMENTS INCLUDED PROVIDING EDUCATIONAL PROGRAMMING FOR MEMBERS AND NON-MEMBERS THROUGH IN-PERSON EVENTS, WRITTEN...

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EDUCATION: PROVIDE BUSINESS MANAGEMENT EDUCATION TO THE CONSTRUCTION INDUSTRY. ACHIEVEMENTS INCLUDED PROVIDING EDUCATIONAL PROGRAMMING FOR MEMBERS AND NON-MEMBERS THROUGH IN-PERSON EVENTS, WRITTEN AND RECORDED MATERIALS; TELECONFERENCES; AND THE INTERNET, INCLUDING WEBINARS, TELECONFERENCES AND DISCUSSION GROUPS. REPRESENTED SUBCONTRACTORS IN OTHER INDUSTRY GROUPS PROVIDING ACCREDITATION AND CERTIFICATION.

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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 $23,930
Program Service Revenue $1,404,690
Investment Income $96,858
Other Revenue $53,422
TOTAL REVENUE $1,578,900

Expense Breakdown

Grants Paid $18,500
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,312,149
TOTAL EXPENSES $1,330,649

Year-over-Year Comparison

2024 2023 Change
Revenue $1,578,900 $1,440,985 +0.1%
Expenses $1,330,649 $1,061,438 +0.3%
Net Income $248,251 $379,547 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
N/A
Volunteers
250

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
7
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW CHRIST PRESIDENT 5.00
Officer Director
$0 $0 $0
RAYMOND MOYA IMMEDIATE PAST PRESIDENT 5.00
Officer Director
$0 $0 $0
TONY VERMAAS VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
MARNI GOODRICH SECRETARY/TREASURER 5.00
Officer Director
$0 $0 $0
MARTIN PRESS AT LARGE 5.00
Officer Director
$0 $0 $0
KENNETH MOORE AT LARGE 5.00
Officer Director
$0 $0 $0
RICHARD BRIGHT CEO 35.00
Officer
$0 $0 $0
THOMAS FREUND DIRECTOR 1.00
Director
$0 $0 $0
JAMES BOCKHEIM DIRECTOR 1.00
Director
$0 $0 $0
CHIP BACHARA DIRECTOR 1.00
Director
$0 $0 $0
MELISSA ROSSI DIRECTOR 1.00
Director
$0 $0 $0
DICK ROBERTS DIRECTOR 1.00
Director
$0 $0 $0
VAL PERALES DIRECTOR 1.00
Director
$0 $0 $0
RON LARICCI DIRECTOR 1.00
Director
$0 $0 $0
JOHN REYNAL DIRECTOR 1.00
Director
$0 $0 $0
JEREMY PEARCE DIRECTOR 1.00
Director
$0 $0 $0
DREW LEWIS DIRECTOR 1.00
Director
$0 $0 $0
BRYAN TOMPKINS DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER CHURCH DIRECTOR 1.00
Director
$0 $0 $0
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 $1,578,900 $1,330,649 $3,083,857 $248,251
2024 No data No data No data No data
2023 $1,242,621 $1,283,103 $2,486,227 $-40,482
2022 $1,401,738 $1,173,341 $2,324,375 $228,397
2021 $1,245,400 $981,408 $2,279,816 $263,992
2020 $1,362,686 $1,242,586 $2,164,452 $120,100
2019 $1,327,827 $1,279,448 $1,900,691 $48,379
2018 $1,321,419 $1,298,197 $1,925,660 $23,222
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