ASSOCIATED GENERAL CONTRACTORS OF KENTUCKY INC

EIN: 610263820

FRANKFORT, KY

Total Revenue
$1,452,029
Total Expenses
$1,376,283
Total Assets
$2,501,099
Net Assets
$1,991,895
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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
1954
Legal Domicile
KY
Principal Officer
RICHARD VINCENT
Phone
5022238845
Tax Period
2024-01-01 to 2024-12-31

ASSOCIATED GENERAL CONTRACTORS OF KENTUCKY INC, founded in 1954, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 5% surplus.

Mission

AGC SERVES OUR COMMONWEALTH'S CONSTRUCTION PROFESSIONALS BY PROMOTING THE SKILL, INTEGRITY, AND RESPONSIBILITY OF THOSE WHO BUILD KENTUCKY.

Program Service Accomplishments

Program 1

AGC SERVES OUR COMMONWEALTH'S CONSTRUCTION PROFESSIONALS BY PROMOTING THE SKILL, INTEGRITY, AND RESPONSIBILITY OF THOSE WHO BUILD KENTUCKY.

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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 $1,283,387
Investment Income $154,582
Other Revenue $14,060
TOTAL REVENUE $1,452,029

Expense Breakdown

Grants Paid $0
Salaries & Benefits $703,360
Fundraising Expenses $0
Other Expenses $672,923
TOTAL EXPENSES $1,376,283

Year-over-Year Comparison

2024 2023 Change
Revenue $1,452,029 $1,192,824 +0.2%
Expenses $1,376,283 $1,201,140 +0.1%
Net Income $75,746 $-8,316 -10.1%
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
25
Independent Members
25
Employees
5
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
4
$251,266
Total Directors
26
$251,266
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD VINCENT SECRETARY 40.00
Officer Director
$235,000 $16,266 $251,266
COREY BARD DIRECTOR 1.00
Director
$0 $0 $0
CHRIS BARNETT DIRECTOR 1.00
Director
$0 $0 $0
JOSH BRANSCUM DIRECTOR 1.00
Director
$0 $0 $0
KEITH CAUDILL DIRECTOR 1.00
Director
$0 $0 $0
CASEY DUNN DIRECTOR 1.00
Director
$0 $0 $0
BEN DYCUS DIRECTOR 1.00
Director
$0 $0 $0
JEFF ENGLAND PRESIDENT 2.00
Officer Director
$0 $0 $0
BILL FORD DIRECTOR 1.00
Director
$0 $0 $0
TIM GEEGAN DIRECTOR 1.00
Director
$0 $0 $0
REBEKAH GRAY PRESIDENT-EL 2.00
Officer Director
$0 $0 $0
DOUG HACKER DIRECTOR 1.00
Officer Director
$0 $0 $0
ART WALKER IV DIRECTOR 1.00
Director
$0 $0 $0
JARRETT JACKSON DIRECTOR 1.00
Director
$0 $0 $0
CHRIS MOSLEY DIRECTOR 1.00
Director
$0 $0 $0
PORTER O'BRIEN DIRECTOR 1.00
Director
$0 $0 $0
DAVID OPALKA DIRECTOR 1.00
Director
$0 $0 $0
JOHN PHILLPS TREASURER 2.00
Director
$0 $0 $0
KYLE PLOMIN DIRECTOR 1.00
Director
$0 $0 $0
CASSIDY ROSENTHAL DIRECTOR 1.00
Director
$0 $0 $0
WES SIMPSON DIRECTOR 1.00
Director
$0 $0 $0
COLIN STOUT DIRECTOR 1.00
Director
$0 $0 $0
CHRIS TYLER DIRECTOR 1.00
Director
$0 $0 $0
JOSH WARREN DIRECTOR 1.00
Director
$0 $0 $0
DAVID WEST DIRECTOR 1.00
Director
$0 $0 $0
GREG WILSON 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
2024 $1,452,029 $1,376,283 $2,501,099 $75,746
2023 $1,192,824 $1,201,140 $2,251,229 $-8,316
2022 $1,087,024 $1,129,788 $2,168,303 $-42,764
2021 $1,324,592 $1,103,307 $2,526,145 $221,285
2020 $1,086,385 $929,973 $2,403,796 $156,412
2019 $1,043,239 $1,066,321 $2,110,046 $-23,082
2018 $1,091,675 $1,076,914 $2,045,578 $14,761
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