NORTH FLORIDA CHAPTER ASSOCIATED BUILDERS & CONTRACTORS INC

EIN: 592372025

TALLAHASSEE, FL

Total Revenue
$458,989
Total Expenses
$422,276
Total Assets
$440,290
Net Assets
$214,234
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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
1984
Legal Domicile
FL
Principal Officer
WALKER BRIDGES CPA
Phone
8503850060
Tax Period
2024-01-01 to 2024-12-31

NORTH FLORIDA CHAPTER ASSOCIATED BUILDERS & CONTRACTORS INC, founded in 1984, is a small nonprofit that reported $459K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $422K left a modest 8% surplus.

Mission

NORTH FLORIDA CHAPTER ASSOCIATED BUILDERS & CONTRACTORS SERVES MEMBER COMPANIES IN THE COMMERCIAL CONSTRUCTION INDUSTRY ACROSS THE PANHANDLE OF FLORIDA BY PROVIDING PROFESSIONAL DEVELOPMENT, WORKFORCE DEVELOPMENT, TRAINING FOR SAFETY AND TOTAL HUMAN HEALTH, NETWORKING, AND POLITICAL ADVOCACY REGARDING THE INDUSTRY.

Program Service Accomplishments

Program 1

MEMBERS ARE SERVED THROUGH MEMBERSHIP MEETINGS (AT LEAST QUARTERLY), NETWORKING EVENTS, PERIODIC PROFESSIONAL DEVELOPMENT/TRAINING PROGRAMS INPERSON AND ONLINE, AND PUBLIC POLICY/POLITICAL AWARENESS...

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MEMBERS ARE SERVED THROUGH MEMBERSHIP MEETINGS (AT LEAST QUARTERLY), NETWORKING EVENTS, PERIODIC PROFESSIONAL DEVELOPMENT/TRAINING PROGRAMS INPERSON AND ONLINE, AND PUBLIC POLICY/POLITICAL AWARENESS ON ISSUES IMPACTING THE COMMERCIAL CONSTRUCTION INDUSTRY.

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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 $0
Program Service Revenue $288,921
Investment Income $2,927
Other Revenue $167,141
TOTAL REVENUE $458,989

Expense Breakdown

Grants Paid $0
Salaries & Benefits $300,229
Fundraising Expenses $0
Other Expenses $122,047
TOTAL EXPENSES $422,276

Year-over-Year Comparison

2024 2023 Change
Revenue $458,989 $421,965 +0.1%
Expenses $422,276 $324,760 +0.3%
Net Income $36,713 $97,205 -0.6%
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

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Governance

Voting Members
12
Independent Members
11
Employees
7
Volunteers
24

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
5
$121,545
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOROTHY D RASMUSSEN PRESIDENT/CE 40.00
Officer
$108,127 $13,418 $121,545
GLEN BISHOP DIRECTOR N/A
Director
$0 $0 $0
JAY BOSTWICK DIRECTOR N/A
Director
$0 $0 $0
AJ BROWN DIRECTOR N/A
Director
$0 $0 $0
TYLER GUATIER DIRECTOR N/A
Director
$0 $0 $0
DAVISSON DUNLAP III CHAPTER ATTO N/A
Director
$0 $0 $0
BRUCE KUHNEL DIRECTOR N/A
Director
$0 $0 $0
WAYNE MAYO DIRECTOR N/A
Director
$0 $0 $0
NORMAN MCMILLAN IMMEDIATE PA N/A
Director
$0 $0 $0
CHAD NEUKIRCH DIRECTOR N/A
Director
$0 $0 $0
BEN WHITE DIRECTOR N/A
Director
$0 $0 $0
WALKER BRIDGES CPA TREASURER N/A
Officer
$0 $0 $0
KELVIN ENFINGER CHAIRMAN N/A
Officer
$0 $0 $0
CYNDI KNOX VICE-CHAIR N/A
Officer
$0 $0 $0
KENT SIMMONS SECRETARY N/A
Officer
$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
2024 $458,989 $422,276 $440,290 $36,713
2024 $458,989 $422,276 $440,290 $36,713
2023 $421,965 $324,760 $340,043 $97,205
2022 $359,794 $344,608 $201,559 $15,186
2021 $301,596 $260,055 $168,588 $41,541
2020 $156,405 $147,463 $101,418 $8,942
2019 $170,801 $173,938 $72,504 $-3,137
2018 $187,538 $179,900 $83,992 $7,638
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