ASSOCIATED BUILDERS & CONTRACTORS OF ALABAMA INC

EIN: 630664243

BIRMINGHAM, AL

Total Revenue
$2,779,926
Total Expenses
$2,877,852
Total Assets
$2,893,992
Net Assets
$1,767,735
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
AL
Principal Officer
JAY REED
Phone
2058709768
Tax Period
2024-01-01 to 2024-12-31

ASSOCIATED BUILDERS & CONTRACTORS OF ALABAMA INC, founded in 1974, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2018.

Mission

TO PROMOTE GENERAL WELFARE OF MEMBERS AND CONSTRUCTION INDUSTRY

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,336,024
Program Service Revenue $1,188,639
Investment Income $56,786
Other Revenue $198,477
TOTAL REVENUE $2,779,926

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,326,478
Fundraising Expenses $0
Other Expenses $1,551,374
TOTAL EXPENSES $2,877,852

Year-over-Year Comparison

2024 2023 Change
Revenue $2,779,926 $2,533,254 +0.1%
Expenses $2,877,852 $2,683,464 +0.1%
Net Income $-97,926 $-150,210 -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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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
64
Independent Members
64
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
2
$690,619
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLIE J REED PRESIDENT 40.00
Officer
$357,468 $0 $357,468
FREDRICK T WALKER VICE PRESIDENT 40.00
Officer
$333,151 $0 $333,151
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 $2,779,926 $2,877,852 $2,893,992 $-97,926
2023 $2,533,254 $2,683,464 $2,714,035 $-150,210
2022 $2,222,374 $2,455,929 $2,865,695 $-233,555
2021 $2,031,131 $1,912,165 $3,056,555 $118,966
2020 $1,704,394 $1,627,647 $2,864,660 $76,747
2019 $1,739,457 $1,700,232 $2,731,526 $39,225
2018 $1,825,984 $1,790,074 $2,756,813 $35,910
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