Associated Builders & Contractors Inc is a 501(c)(6) organization based in Midland, Michigan, registered in 1964, with $971,393 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$971K
▲ 12.3% vs prior year
Expenses (FY2024)
$918K
Net assets
$662K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Associated Builders & Contractors Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Associated Builders & Contractors Inc: 9 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Associated Builders & Contractors Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Associated Builders & Contractors Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $861K (FY2014) to $971K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
5.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$607K
Net assets
$662K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $971,393▲12.3% | $917,741▲8.4% | $661,506▲8.8% | $1,268,385▲8.9% | 990 |
| 2023 | $864,759▼5.9% | $846,908▲2.9% | $607,854▲3.0% | $1,164,729▼16.4% | 990 |
| 2022 | $918,554▼2.3% | $823,429▲10.3% | $590,003▲19.2% | $1,393,012▲3.6% | 990 |
| 2021 | $940,549▲14.9% | $746,337▼9.2% | $494,878▲64.6% | $1,344,439▲10.4% | 990 |
| 2020 | $818,522▼38.9% | $822,104▼41.5% | $300,666▼1.2% | $1,217,551▲3.6% | 990 |
| 2019 | $1,340,726▲2.6% | $1,404,365▲7.7% | $304,248▼17.3% | $1,175,116▼6.8% | 990 |
| 2018 | $1,306,845▲4.2% | $1,304,462▲3.4% | $367,887▲0.7% | $1,260,807▲4.0% | 990 |
| 2017 | $1,253,604▲9.7% | $1,261,863▲13.1% | $365,504▼2.2% | $1,212,465▲1.1% | 990 |
| 2016 | $1,142,259▲59.1% | $1,115,451▲57.4% | $373,763▲13.7% | $1,199,277▼2.2% | 990 |
| 2015 | $717,946▼16.6% | $708,796▼23.4% | $328,628▼10.2% | $1,225,953▼8.2% | 990 |
| 2014 | $860,778 | $924,847 | $365,953 | $1,334,954 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Associated Builders & Contractors Inc (EIN 45-4465356) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.