ASSOCIATED BUILDERS AND CONTRACTORS MERIT SHOP TRAINING PROGRAM INC

EIN: 742468098 501(c)(3) Employment

CORPUS CHRISTI, TX

Total Revenue
$1,866,412
Total Expenses
$1,848,107
Total Assets
$7,220,549
Net Assets
$7,078,835
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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
1987
Legal Domicile
TX
Principal Officer
PATRICK W KELLY
Phone
3612891636
Tax Period
2024-01-01 to 2024-12-31

ASSOCIATED BUILDERS AND CONTRACTORS MERIT SHOP TRAINING PROGRAM INC, founded in 1987, is a community nonprofit in the Employment sector that reported $1.9M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Net assets of $7.1M represent 46 months of operating reserves.

Mission

DESCRIPTION OF ORGANIZATION MISSION THE ASSOCIATED BUILDERS CONTRACTORS MERIT SHOP TRAINING PROGRAM, INC. DBA CRAFT TRAINING CENTER OF THE COASTAL BEND STRIVES TO MEET THE SHARED MANPOWER NEEDS OF THE COMMUNITY, BUSINESS, AND INDUSTRY BY PROVIDING EDUCATION IN THE CRAFTS FOR THE CONSTRUCTION INDUSTRY. OUR GOAL IS TO DEVELOP CRAFT PROFESSIONALS WHO ARE DRUG FREE, TRAINED AND CAPABLE TO WORK UNDER THE HIGHEST PROFESSIONAL STANDARDS.

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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 $778,125
Program Service Revenue $923,458
Investment Income $153,259
Other Revenue $11,570
TOTAL REVENUE $1,866,412

Expense Breakdown

Grants Paid $0
Salaries & Benefits $916,348
Fundraising Expenses $0
Program Expenses $1,552,747
Other Expenses $931,759
TOTAL EXPENSES $1,848,107

Year-over-Year Comparison

2024 2023 Change
Revenue $1,866,412 $2,046,975 -0.1%
Expenses $1,848,107 $1,861,168 0.0%
Net Income $18,305 $185,807 -0.9%
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
8
Independent Members
8
Employees
38
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
$232,612
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK KELLY PRESIDENT 040.00
Officer
$121,635 $5,398 $127,033
JANEL WILSON CONTROLLER 035.00
Officer
$101,116 $4,463 $105,579
CASEY LONG CHAIRMAN 002.00
Director
$0 $0 $0
STEVEN SNYDER VICE-CHAIRMAN 002.00
Director
$0 $0 $0
ROBERT PARKER SECRETARY/TREASURER 002.00
Director
$0 $0 $0
KYLE BUDD MEMBER 002.00
Director
$0 $0 $0
DAVID BURT MEMBER 002.00
Director
$0 $0 $0
JOHN DAVIDSON MEMBER 002.00
Director
$0 $0 $0
SCOTT LEWIS MEMBER 002.00
Director
$0 $0 $0
BRAD WEISS MEMBER 002.00
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 $1,866,412 $1,848,107 $7,220,549 $18,305
2023 $2,046,975 $1,861,168 $7,158,292 $185,807
2022 $1,640,303 $1,994,523 $7,019,618 $-354,220
2021 $1,669,939 $2,006,028 $7,587,065 $-336,089
2020 $5,725,721 $1,941,647 $7,948,060 $3,784,074
2019 $1,827,368 $1,894,151 $3,951,434 $-66,783
2018 $1,943,261 $2,275,853 $4,003,042 $-332,592
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