2024-09-19T14:38:38-05:00 2023-12-31 910189318 MOSS ADAMS LLP 4747 EXECUTIVE DR SUITE 1300 SAN DIEGO CA 92121 990 2023-01-01 951951119 ASSOCIATED GENERAL CONTRACTORS OF AMERICA SAN DIEGO CHAPTER INC ASSO 8585587444 10140 RIVERFORD ROAD LAKESIDE CA 92040 EDDIE SPRECCO CHIEF EXECUTIVE OFFICER 8585587444 2024-09-09 1 0 JANE COLEMAN SENIOR MANAGER P01391236 8586271400 2023 2024-08-08 14:25:15Z AUSTIN CAMERON 10140 RIVERFORD ROAD LAKESIDE CA 92040 6065967 0 X WWW.AGCSD.ORG X 1927 CA TO PROVIDE SERVICES TO MEMBERS IN THE CONSTRUCTION INDUSTRY. 22 22 14 300 21616 0 0 0 4563589 4745872 54320 72922 798021 817427 5415930 5636221 0 0 0 0 1538240 1604852 0 0 0 3871534 3668550 5409774 5273402 6156 362819 15544303 15566854 10670489 10375362 4873814 5191492 X AGC IS DEDICATED TO PROVIDING OPPORTUNITY, FREE ENTERPRISE, SKILL, INTEGRITY AND RESPONSIBILITY AMONG SAN DIEGO'S CONSTRUCTION PROFESSIONALS. 0 0 MEMBER SERVICES PROVIDE ASSISTANCE TO MEMBERS ON ISSUES SUCH AS SAFETY, RESOLVING PROBLEMS WITH AGENCIES, SHARING OF INFORMATION, AND PROMOTING THE CONSTRUCTION INDUSTRY TO THE PUBLIC. CONFERENCES AND MEETINGS PROVIDE UPDATES TO MEMBERS IN AREAS INCLUDING CONTRACTS, LEGAL ISSUES, ACCOUNTING, TAXATION, MARKETING, BUSINESS, AND OTHER AREAS AFFECTING THE CONSTRUCTION INDUSTRY. TECHNICAL SERVICES PROVIDE ASSISTANCE TO MEMBERS IN UNION NEGOTIATIONS. COMMUNICATIONS AND PUBLICATIONS PROVIDE INFORMATION ON ISSUES AFFECTING MEMBERSHIP THROUGH A MAGAZINE, BULLETINS, AND AN INFORMATIONAL BROCHURE. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 21 0 1 14 1 1 1 0 0 0 1 1 0 0 0 X 22 22 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 1 0 0 CA X EDDIE SPRECCO 8585587444 10140 RIVERFORD ROAD LAKESIDE CA 92040 AUSTIN CAMERON PRESIDENT 1.00 X X 0 0 0 NORBERT SCHULTZ VICE PRESIDENT 1.00 X X 0 0 0 GITA MURTHY SR. VICE PRESIDENT 1.00 X X 0 0 0 WES WISE SECRETARY/TREASURER 1.00 X X 0 0 0 MIKE BERRYHILL TRUSTEE 1.00 X 0 0 0 TAMELA BARNHART-REESE TRUSTEE 1.00 X 0 0 0 STEPHEN FRIAR TRUSTEE 1.00 X 0 0 0 SCOTT MASSNER TRUSTEE 1.00 X 0 0 0 ROB BRIENZA TRUSTEE 1.00 X 0 0 0 BILL HAITHCOCK TRUSTEE 1.00 X 0 0 0 MIKE WILLIAMSON TRUSTEE 1.00 X 0 0 0 MIKE SPAIN TRUSTEE 1.00 X 0 0 0 MARK WEIAND TRUSTEE 1.00 X 0 0 0 DAVID NESS TRUSTEE 1.00 X 0 0 0 MARK DOWSING TRUSTEE 1.00 X 0 0 0 BARRY SWAIM TRUSTEE 1.00 X 0 0 0 LARS HERMAN TRUSTEE 1.00 X 0 0 0 KARI KYNE PAST PRESIDENT 1.00 X 0 0 0 JIM SUMMERS TRUSTEE 1.00 X 0 0 0 JEFF HARPER TRUSTEE 1.00 X 0 0 0 JASON MORDHORST TRUSTEE 1.00 X 0 0 0 LAWRENCE MCMAHON TRUSTEE 1.00 X 0 0 0 EDDIE SPRECCO CEO 40.00 X 221810 0 46482 DUSTIN STEINER VP OF GOVT. RELATIONS 40.00 X 162996 0 15009 JOHN HURLEY CONTROLLER 40.00 X 108972 0 18630 RACHELE KRUSHENSKY DIR. M&E, MEMBERSHIP SERVICES 40.00 X 118164 0 19561 JAMES MCMANUS DIR. ENGINEERING CONSTRUCTION 40.00 X 119105 0 11462 731047 0 111144 5 0 1 0 SCHAFFER ENTERPRISES 6870 TRADE WINDS DRIVE CARLSBAD CA 92011 CONSULTANT 278130 POWER SUMMIT 6236 LAKE ALTURAS AVE SAN DIEGO CA 92119 INSTRUCTOR 113214 2 MEMBERSHIP DUES 541900 2318333 2318333 NETWORKING EVENT REV. 541900 821763 821763 EDUCATIONAL SEMINARS 541900 680514 680514 SAFETY PROGRAM 541900 530527 530527 PLAN ROOM 541800 368018 368018 26717 26717 4745872 611 611 1135211 387399 747812 747812 -14784 762596 114658 42347 72311 72311 72311 69615 36400 33215 69615 5636221 4745872 21616 868733 268292 1037046 93475 110013 96026 4349 63919 8000 148092 16339 220379 86549 278414 26954 81617 377082 379087 66806 NETWORKING EVENTS 743926 EDUCATIONAL SEMINARS 485516 SAFETY PROGRAM 385802 NATIONAL DUES 215000 80719 5273402 1881969 534630 790116 242755 78073 62906 178435 336700 14299191 3567349 11027460 10731842 840406 3035650 747844 622371 15544303 15566854 856602 693515 944013 956532 8854621 8714826 15253 10489 10670489 10375362 X 4873814 5191492 4873814 5191492 15544303 15566854 X 362819 80332 -125473 X 0 1 X 1 0 THE INFRASTRUCTURE PAC OF THE ASSOCIATED GENERAL CONTRACTORS 7185 NAVAJO ROAD SUITE P SAN DIEGO CA 92119 330806949 34250 0 0 0 2318333 8000 8000 64913 -56913 2796631 2796631 10729949 2898791 7831158 640490 536437 104053 132121 132121 0 10731842 X 6103952 80332 80332 6023620 -387399 -387399 5636221 5786274 512872 512872 5273402 0 5273402 PART X, LINE 2: THE CHAPTER IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(6) AND THE CORRESPONDING PROVISIONS OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE CHAPTER IS SUBJECT TO FEDERAL AND CALIFORNIA INCOME TAXES ON UNRELATED BUSINESS INCOME, AS STIPULATED IN IRC SECTION 511. FOR EACH OF THE YEARS ENDED DECEMBER 31, 2023 AND 2022, TAXES ARE RECORDED WHEN PAID AND NO PROVISION FOR INCOME TAX HAS BEEN MADE. THE CHAPTER HAS NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AS OF DECEMBER 31, 2023 OR 2022. THE CHAPTER FILES AN EXEMPT RETURN IN THE UNITED STATES FEDERAL JURISDICTION AND WITH THE FRANCHISE TAX BOARD IN THE STATE OF CALIFORNIA. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE -387,399. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 387,399. UNREALIZED GAIN ON INTEREST SWAP 125,473. X 1 1 X X 0 0 0 EDDIE SPRECCO CEO 168810 0 53000 0 0 0 18951 0 27531 0 268292 0 0 0 DUSTIN STEINER VP OF GOVT. RELATIONS 142996 0 20000 0 0 0 15009 0 0 0 178005 0 0 0 PART I, LINE 1A VP OF GOVERNMENT RELATIONS RECEIVES BENEFIT OF HEALTH OR SOCIAL CLUB DUES. SUCH BENEFIT IS NOT INCLUDED AS COMPENSATION BECAUSE ACTIVITY IS 100% BUSINESS RELATED. FORM 990, PART VI, SECTION A, LINE 6 ACTIVE MEMBERS AND QUALIFYING CONTRACTOR MEMBERS MAY VOTE. ONE VOTE PER MEMBER. VOTING MEMBERS APPROVE BYLAW CHANGES SUGGESTED BY THE BOARD OF DIRECTORS. CLASSES OF MEMBERS INCLUDE: ACTIVE MEMBERS: "ACTIVE MEMBERS" SHALL INCLUDE GENERAL BUILDING CONTRACTORS AND GENERAL ENGINEERING CONTRACTORS AS DEFINED BY THE CALIFORNIA BUSINESS AND PROFESSIONS CODE AND CONTRACTOR MEMBERS. SPECIALTY MEMBERS: "SPECIALTY MEMBERS" SHALL INCLUDE SPECIALTY CONTRACTORS AS DEFINED BY THE CALIFORNIA BUSINESS AND PROFESSIONS CODE WHO ARE ENGAGED IN THE BUSINESS OF CONSTRUCION CONTRACTING. CONTRACTOR MEMBERS: "CONTRACTOR MEMBERS" SHALL INCLUDE SPECIALTY CONTRACTORS WHO ALSO PARTICIPATE IN ONE OR MORE OF THE CHAPTER'S SERVICE PROGRAMS AND PAY CHAPTER DUES IN THE SAME MANNER AS GENERAL BUILDING CONTRACTOR AND GENERAL ENGINEERING CONTRACTOR MEMBERS AND SHALL BE CONSIDERED AN ACTIVE MEMBER OF THE ASSOCIATION. AFFILIATE MEMBERS: "AFFILIATE MEMBERS" SHALL INCLUDE MEMBERS WHO ARE ENGAGED PRINCIPALLY IN THE MANUFACTURE OR SALE OF MATERIALS, EQUIPMENT OR SERVICES TO CONTRACTORS. DEVELOPER MEMBERS: "DEVELOPER MEMBERS" SHALL INCLUDE MEMBERS ENGAGED IN PROPERTY DEVELOPMENT ACTIVITIES AND WHICH DO NOT PERFORM WORK AS A CONTRACTOR OR CONSTRUCTION MANAGER FOR THEMSELVES OR OTHERS. INACTIVE MEMBERS: "INACTIVE MEMBERS" SHALL INCLUDE MEMBERS NO LONGER ACTIVELY ENGAGED IN THE CONSTRUCTION INDUSTRY BUT WHO, FOR A CONTINUOUS PERIOD OF TEN OR MORE YEARS, HAD BEEN A MEMBER OF THE CHAPTER IN ONE OR MORE OF THE PRECEDING CLASSIFICATIONS. EMERGING BUSINESS MEMBER: "EMERGING BUSINESS MEMBER" SHALL BE LIMITED TO FIRST TIME AGC MEMBERS WITH A MAXIMUM ANNUAL BUSINESS VOLUME NOT TO EXCEED $500,000. MEMBERSHIP IN THIS CLASSIFICATION SHALL BE FOR A MAXIMUM OF THREE YEARS. FORM 990, PART VI, SECTION A, LINE 7A ACTIVE MEMBERS AND QUALIFYING CONTRACTOR MEMBERS ELECT THE BOARD OF DIRECTORS PROPOSED BY THE NOMINATING COMMITTEE. ONE VOTE PER MEMBER. FORM 990, PART VI, SECTION A, LINE 7B PROPOSED CHANGES TO THE BYLAWS PROVIDED BY THE BOARD OF DIRECTORS MUST BE APPROVED BY ACTIVE MEMBERS AND CONTRACTOR MEMBERS (QUALIFYING AS ACTIVE MEMBERS). CORPORATE POWERS AND BUSINESS AFFAIRS OF THE CORPORATION ARE CONTROLLED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S STAFF AND AN OUTSIDE CPA FIRM PREPARE THE FORM 990. THE RETURN IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE THE FORM 990 IS SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, BOARD MEMBERS AND KEY EMPLOYEES ARE COVERED UNDER THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. IF A CONFLICT OF INTEREST IS IN EXISTENCE, IT IS REVIEWED AT THE EXECUTIVE COMMITTEE LEVEL. RESTRICTIONS ARE THEN IMPOSED ON SUCH PERSONS WITH A CONFLICT OF INTEREST AS NECESSARY. ANY BOARD MEMBER WITH A CONFLICT OF INTEREST WOULD NOT BE ABLE TO VOTE ON THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A TOTAL COMPENSATION FOR THE CEO IS PRESENTED BEFORE THE BOARD FOR APPROVAL. THE COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY INDEPENDENT PERSONS; COMPARABILITY DATA IS USED TO DETERMINE COMPENSATION; THE APPROVAL PROCESS AND SOURCE OF COMPARABLE DATA USED FOR APPROVING COMPENSATION IS DOCUMENTED IN THE MINUTES. THIS PROCESS WAS JUST DONE DURING BUDGET COMMITTEE MEETINGS IN FEB 2022. THE ORGANIZATION HAS NO OTHER PAID DIRECTORS, OFFICERS OR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON INTEREST-RATE SWAP -125,473. AGC OF AMERICA SD CHAPTER INC APPRENT & TRAINING TRUST 404 CAMINO DEL RIO SOUTH 608 SAN DIEGO CA 92108 330330244 APPRENTICESHIP TRAINING CA 501(C)(5) N/A AGC OF AMERICA SAN DIEGO CHAPTER INC 1 AGC OF AMERICA SD CHAPTER INC HEALTH & WELFARE TRUST 404 CAMINO DEL RIO SOUTH 608 SAN DIEGO CA 92108 330078759 HEALTH BENEFITS FOR PARTICIPANTS CA 501(C)(9) N/A AGC OF AMERICA SAN DIEGO CHAPTER INC 0 AGC EDUCATIONAL FOUNDATION 10140 RIVERFORD ROAD LAKESIDE CA 92040 330485056 EDUCATIONAL & TRAINING SCHOLARSHIPS CA 501(C)(3) 9 AGC OF AMERICA SAN DIEGO CHAPTER INC 0 AGC OF AMERICA SAN DIEGO CHAPTER INC BENEFITS PLUS TRUST FUND 404 CAMINO DEL RIO SOUTH 608 SAN DIEGO CA 92108 336162794 EMPLOYEE BENEFITS CA N/A T 0 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 AGC SD CHAPTER INC - APPRENTICESHIP AND TRAINING TRUST A 736943 MARKET VALUE