Assoc Builders & Contractors of Se Michigan
Nonprofit profile at a glance
- EIN
- 382400995
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Madison Heights, MI, USA
- Phone
- 2482983600
- Rating confidence
- Limited
Reported finances
- Revenue
- $3,082,570
- Expenses
- $2,844,307
- Assets
- $1,926,215
- Liabilities
- $1,268,583
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- KEITH LEDBETTER (PRESIDENT & CEO)
- DEANNA MORLEY (VICE PRESIDENT)
Highest reported compensation
- KEITH LEDBETTER (PRESIDENT & CEO): $258,436 total reported compensation
- DEANNA MORLEY (VICE PRESIDENT): $149,796 total reported compensation
- DAVID STAUDT (CFO): $147,210 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
In building america, the associated builders and contractors will continue to be a prominent trade association which will champion free enterprise, and will be a leader for positive change in the construction industry.
What it reported doing in 2024
The associated builders and contractors will provide superior programs and services to give its members a competitive advantage, to add value to the industry's clients, and to enhance the lives of the industry's employees. Benefits will include, but are not limited to, workers compensation insurance, vehicle fleet discounts, management education, and employee apprenticeship training. We also provide construction trade specific networking opportunities for which are members can learn from one another and grow their businesses.the organization partners with the construction education trust, d/b/a semca, to provide training to both members and nonmembers of the organization and in the industry.
Operating model
- Revenue model
- Earned-program. 95% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 68
- Accountability: 86
- Sustainability: 38
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 7th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 67.6%; rating input score 68; 18th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 7.7%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 0.68; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0.66; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 19.5%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 20.8% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 6% per year; rating input score 100; 40th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 16 of 16 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $258K · 19 people listed · 1 of 6 pay-setting controls reported
- Consistency: 14 of 15 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes grants and executive pay
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- Review — Sustainability: Operating margin scored 58/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- High — Sustainability: Officer compensation ratio scored 13/100.