2026-04-30T12:35:28-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2024-07-01 391633896 ASSOC BUILDERS & CONTRACTOR OF WI INC APPRENTICESHIP & TRAINING TRUST FUND ASSO 6082446056 5330 WALL STREET MADISON WI 53718 KELLY TOURDOT PRESIDENT 6082446056 2026-04-27 1 0 DOUG BERTOSSI P00637990 6123764500 2026-04-27 2024 2025-03-06 01:10:19Z KELLY TOURDOT 5330 WALL STREET MADISON WI 53718 3587156 0 X WWW.ABCWI.ORG X 1988 WI THE PURPOSE OF THE TRUST IS TO FUND BONA FIDE APPROVED APPRENTICESHIP TRAINING PROGRAMS ESTABLISHED BY ASSOCIATED BUILDERS AND CONTRACTORS OF WISCONSIN, INC. TO ASSIST IN THE TRAINING AND DEVELOPMENT OF INDIVIDUALS WHO DESIRE TO ACQUIRE SKILLS AND INCREASE THEIR CAPABILITIES AS EMPLOYEES OR SUPERVISORS WITHIN THE CONSTRUCTION INDUSTRY. 6 6 0 6 0 0 27975 5250 3061745 3345648 115695 121376 46310 74675 3251725 3546949 0 0 0 0 0 0 0 0 0 3008347 3327490 3008347 3327490 243378 219459 4616970 4927882 764868 760108 3852102 4167774 X THE PURPOSE OF THE TRUST IS TO FUND BONA FIDE APPROVED APPRENTICESHIP TRAINING PROGRAMS ESTABLISHED BY ASSOCIATED BUILDERS AND CONTRACTORS OF WISCONSIN, INC. TO ASSIST IN THE TRAINING AND DEVELOPMENT OF INDIVIDUALS WHO DESIRE TO ACQUIRE SKILLS AND INCREASE THEIR CAPABILITIES AS EMPLOYEES OR SUPERVISORS WITHIN THE CONSTRUCTION INDUSTRY. 0 0 2985065 3420323 THE ORGANIZATION PROVIDES EDUCATIONAL PROGRAMS INCLUDING THOSE ASSOCIATED WITH THE DAVIS BACON ACT AND THE APPRENTICESHIP PROGRAMS FOR CONTRACTORS AND BUILDERS. THE ORGANIZATION SERVED APPROXIMATELY 1,861 APPRENTICES. 2985065 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 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 0 0 1 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X KELLY TOURDOT 6082446056 5330 WALL STREET MADISON WI 53718 GERRY KREBSBACH TRUSTEE, CHAIRMAN 1.00 X X 0 0 0 ROGER THIMM TRUSTEE, TREASURER 1.00 X X 0 0 0 JAY ZAHN TRUSTEE, SECRETARY 1.00 X X 0 0 0 CASEY MALESEVICH TRUSTEE 1.00 X 0 0 0 JOHN ZIGNEGO TRUSTEE 1.00 X 0 0 0 GREGORY REESMAN TRUSTEE 1.00 X 0 0 0 KELLY TOURDOT PRESIDENT 1.00 40.00 X 0 199284 34473 0 199284 34473 0 0 1 0 0 5250 5250 COURSE FEES 611600 2883765 2883765 BOOK SALES 611600 402006 402006 RENTAL-RELATED EXEMPT 532000 59877 59877 3345648 121501 121501 40082 40207 -125 -125 -125 HEO EQUIPMENT INCOME 532000 73500 73500 MISCELLANEOUS 532000 1175 1175 74675 3546949 3420323 0 121376 X 44414 19542 24872 82982 82982 29971 29971 22520 22520 930168 824132 106036 23573 23573 33734 33734 41286 36356 4930 15693 15693 4220 4220 1992 1992 100841 100841 TUITION EXPENSE 1311789 1311789 CLASSROOM BOOKS & SUPPL 421762 421762 REPAIRS AND MAINTENANCE 125366 125366 BANK FEES 59793 59793 77386 72277 5109 3327490 2985065 342425 0 2000 1253757 1474679 15071 11534 2494607 950834 1588345 1543773 1757797 1820603 0 77293 4616970 4927882 133842 172501 13000 13000 618026 574607 764868 760108 X 3711967 4037389 140135 130385 3852102 4167774 4616970 4927882 219459 96213 0 X X 0 1 X 1 0 X 1500 27975 5250 34725 2531210 2684025 2942940 3108055 3420323 14686553 2531210 2684025 2944440 3136030 3425573 14721278 0 0 0 14721278 63440 39773 78446 117317 121376 420352 63440 39773 78446 117317 121376 420352 2594650 2723798 3022886 3253347 3546949 15141630 0.97220 0.97340 0.02780 0.02660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1355166 784858 570308 1020863 105964 914899 34663 23285 11378 83915 36727 47188 1543773 DAVIS BACON FUNDS HELD 364778 AFFILIATE DEPOSITS 155000 FINANCE LEASE LIABILITY, NET OF CURRENT PORTION 54829 574607 X 3620642 96213 96213 3524429 22520 22520 3546949 3304970 0 3304970 22520 22520 3327490 PART IV, LINE 2B: SECURITY DEPOSITS PART X, LINE 2: U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FUND AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FUND HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FUND, AND HAS CONCLUDED THAT AS OF JUNE 30, 2025 AND 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS: HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FUND WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. 0 0 0 0 0 0 0 0 0 KELLY TOURDOT PRESIDENT 0 170984 0 28300 0 0 0 13351 0 21122 0 233757 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS AN AGREEMENT WITH AN AFFILIATE, ASSOCIATED BUILDERS AND CONTRACTORS OF WISCONSIN, INC. TO PROVIDE MANAGEMENT AND EMPLOYEE SERVICES. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RELIES ON THE PRESIDENT AND THE BOARD TREASURER TO REVIEW THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES THAT ALL TRUSTEES FILL OUT A NEW CONFLICT OF INTEREST FORM AT THE FIRST MEETING OF THE YEAR. IF A CONFLICT OF INTEREST ARISES, BOARD MEMBERS WILL RECUSE THEMSELVES AND WILL ABSTAIN FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S SALARY IN 2024 WAS DETERMINED THROUGH A SALARY STUDY REVIEW WITH OVERSIGHT AND APPROVAL FROM THE ORGANIZATION'S BOARD OF DIRECTORS. IN 2025, SALARY WAS BASED ON THE ANNUAL REVIEW. ALL OF THE ORGANIZATION'S LABOR IS CONTRACTED THROUGH A SERVICE AGREEMENT WITH ASSOCIATED BUILDERS & CONTRACTORS OF WISCONSIN, INC. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G COMPUTER CONSULTANT: PROGRAM SERVICE EXPENSES 2,992. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,992. CONTRACTED LABOR: PROGRAM SERVICE EXPENSES 821,140. MANAGEMENT AND GENERAL EXPENSES 106,036. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 927,176. FORM 990, PART IX, LINE 24E SOFTWARE: PROGRAM SERVICE EXPENSES 32,808. MANAGEMENT AND GENERAL EXPENSES 5,109. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,917. GRANT EXPENSE: PROGRAM SERVICE EXPENSES 15,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,000. TRAINING AND DEVELOPMENT: PROGRAM SERVICE EXPENSES 14,965. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,965. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 9,504. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,504. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ASSOCIATED BUILDERS & CONTRACTORS OF WISCONSIN INC 5330 WALL ST MADISON WI 53718 391158527 THE ORGANIZATION PROVIDES MEMBERS WITH EDUCATIONAL PROGRAMS, SUPPORT SERVICE WI 501(C)(6) 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0