Nonprofit · EIN 56-2067083
ASSOCIATED BUILDERS AND CONTRACTORS INC
Also known as CAROLINAS CHAPTER
Tax-exempt · CHARLOTTE, NC 28217
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,671,046 | $1,682,865 | -$11,819 | $2,618,472 | $911,008 | $1,707,464 |
| December 31, 2023 | 990 | $1,740,566 | $1,736,291 | $4,275 | $2,672,093 | $1,077,575 | $1,594,518 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $84,215
- Program service revenue
- $1,429,866
- Investment income
- $32,086
- Net income from fundraising events
- $90,817
- Other revenue
- $124,879
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $175,000
- Other salaries and wages
- $600,033
- Salaries, compensation and benefits (total)
- $852,461
- Professional fundraising fees
- $0
- Legal fees
- $268
- Accounting fees
- $27,620
- Occupancy
- $52,546
- Travel
- $82,998
- Program services (functional)
- $1,139,604
- Management and general (functional)
- $418,579
- Fundraising (functional)
- $124,682
Balance sheet and other
- Total assets, start of year
- $2,672,093
- Total assets, end of year
- $2,618,472
- Total liabilities, end of year
- $911,008
- Net assets, end of year
- $1,707,464
- Land, buildings and equipment
- $26,226
- Publicly traded securities
- $1,108,764
- Net assets without donor restrictions
- $1,707,464
- Gross receipts
- $2,012,817
- Employees
- 9
- Volunteers
- 50
- Year formed
- 1998
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Kristen Powell | President & CEO Officer | 40 | $156,546 | $18,454 |
| Scott Cutler | Director Trustee or director | 2 | $0 | $0 |
| Josh Mauney | Director Trustee or director | 2 | $0 | $0 |
| Fred Adams | Director Trustee or director | 2 | $0 | $0 |
| Justin Baker | Director Trustee or director | 2 | $0 | $0 |
| Amy Sullivan | Director Trustee or director | 2 | $0 | $0 |
| Angela Carter | Director Trustee or director | 2 | $0 | $0 |
| Derek Lanning | Past Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Darryl Thornton | Director Trustee or director | 2 | $0 | $0 |
| Chris Darling | Director Trustee or director | 2 | $0 | $0 |
| Christi Powell | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Jason Moore | Director Trustee or director | 2 | $0 | $0 |
| Allen Amsle | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Emory Sadler | Director Trustee or director | 2 | $0 | $0 |
| Chris Moore | Imm. Past Chair Trustee or director | 2 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dan Thomas | Director Trustee or director | 2 | $0 |
| Greg Carlton | Director Trustee or director | 2 | $0 |
| Andy Grayson | Director Trustee or director | 2 | $0 |
| Floyd McCabe | Director Trustee or director | 2 | $0 |
| Cristi Lewis | Chair-Elect Trustee or director, Officer | 2 | $0 |
| Scott Mayer | Vice Chairman Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Kristen Powell | President & CEO Officer | 40 | $128,631 | $18,953 |
| Scott Cutler | Director Trustee or director | 2 | $0 | $0 |
| Josh Mauney | Director Trustee or director | 2 | $0 | $0 |
| Fred Adams | Director Trustee or director | 2 | $0 | $0 |
| Justin Baker | Director Trustee or director | 2 | $0 | $0 |
| Amy Sullivan | Director Trustee or director | 2 | $0 | $0 |
| Angela Carter | Director Trustee or director | 2 | $0 | $0 |
| Derek Lanning | Past Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Darryl Thornton | Director Trustee or director | 2 | $0 | $0 |
| Chris Darling | Director Trustee or director | 2 | $0 | $0 |
| Christi Powell | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Jason Moore | Director Trustee or director | 2 | $0 | $0 |
| Allen Amsle | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Emory Sadler | Director Trustee or director | 2 | $0 | $0 |
| Chris Moore | Imm. Past Chair Trustee or director | 2 | $0 | $0 |
| Dan Thomas | Director Trustee or director | 2 | $0 | $0 |
| Greg Carlton | Director Trustee or director | 2 | $0 | $0 |
| Andy Grayson | Director Trustee or director | 2 | $0 | $0 |
| Floyd McCabe | Director Trustee or director | 2 | $0 | $0 |
| Cristi Lewis | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Scott Mayer | Vice Chairman Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 610 MINUET LN, CHARLOTTE, NC 28217-2723
- Principal officer (990 for 2024)
- Kristen Powell, 610 Minuet Lane, Charlotte, NC 28217
- Signed the 990
- Christi Powell, Secretary
- Phone
- (704) 367-1331
- Website
- www.abccarolinas.org
- Return prepared by
- Foard and Company PA
Mission
To promote and improve the image of construction and address the many issues facing the industry.
Program accomplishments
- The Associated Builders & Contractors of the Carolinas operates service councils within the Carolina region. Through these councils, ABC provides education and training seminars and meeting for the construction industry. Training opportunities are provided in all councils.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-2067083
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1964
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 1695: ASSOCIATED BUILDERS & CONTRACTORS INC
- Assets (IRS master file)
- $2,618,472
- Income (IRS master file)
- $2,012,817
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,671,046 | $1,682,865 | $2,618,472 | XML |
| 990 | December 2023 | $1,740,566 | $1,736,291 | $2,672,093 | XML |
| 990 | December 2022 | $1,651,559 | $1,574,752 | $2,838,283 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2067083).
Questions about ASSOCIATED BUILDERS AND CONTRACTORS INC
- What is the EIN of ASSOCIATED BUILDERS AND CONTRACTORS INC?
- The employer identification number (EIN) of ASSOCIATED BUILDERS AND CONTRACTORS INC is 56-2067083.
- Is ASSOCIATED BUILDERS AND CONTRACTORS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1964.
- Are donations to ASSOCIATED BUILDERS AND CONTRACTORS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ASSOCIATED BUILDERS AND CONTRACTORS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ASSOCIATED BUILDERS AND CONTRACTORS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASSOCIATED BUILDERS AND CONTRACTORS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ASSOCIATED BUILDERS AND CONTRACTORS INC?
- The 990 for the year ended December 31, 2024 names Kristen Powell.
- Who are the officers and directors of ASSOCIATED BUILDERS AND CONTRACTORS INC?
- The 990 for the year ended December 31, 2024 lists 21 people; 1 received compensation from the organization, the highest $156,546 (Kristen Powell, President & CEO).
- How much revenue does ASSOCIATED BUILDERS AND CONTRACTORS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,671,046, expenses of $1,682,865 and total assets of $2,618,472 at year end.
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