2024-11-04T17:14:21-08:00 2023-12-31 920143182 ALTMAN ROGERS & CO 3000 C ST STE 201 ANCHORAGE AK 99503 990 2023-01-01 453768154 Associated Builders and Contractors Craft Training Trust of Alaska ASSO 9075655600 301 Arctic Slope Ave Anchorage AK 99518 James Easton Treasurer 2024-11-04 true true Sterling Gillon CPA P02428406 9072742992 2023 2024-10-15 13:58:12Z Alicia Maltby 301 Arctic Slope Ave Anchorage AK 99518 441019 false X www.abcalaska.org X 2012 AK The Trust is organized to train and educate individuals who desire to acquire skills and increase their capabilities as employees within the construction industry in the state of Alaska. 5 5 0 8 0 63409 83010 293495 356916 131 309 743 784 357778 441019 0 0 0 0 0 353367 408157 353367 408157 4411 32862 367373 424361 25942 40600 341431 383761 The Trust is organized to train and educate individuals who desire to acquire skills and increase their capabilities as employees within the construction industry in the state of Alaska. false false 289847 357700 Education and training Includes all functions necessary to allow members to succeed in the construction industry. 289847 true true false false false false false false false true true false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false true false true false true 0 0 true 0 false false false false false false false 0 false false false false false false false false false false X 5 5 false false false false true false false true true false false true true true true true true true false false X Kirstie Gray Gray Services 9079477395 3340 Arctic Blvd Ste 203 Anchorage AK 99503 X Heath Martin Chairman 1.00 0.00 X X 0 0 0 Robert Gardino Director 1.00 0.00 X 0 0 0 James Easton Treasurer 1.00 0.00 X X 0 0 0 Steve Glines Director 1.00 0.00 X 0 0 0 Matt Klebs Director 1.00 0.00 X 0 0 0 Alicia Maltby President & CEO 16.00 29.00 X 0 0 0 0 false false false 0 83010 83010 Apprenticeship Training 611600 356916 356916 356916 309 309 0 0 0 0 0 0 0 CTT Credit Card Processing 611600 784 784 784 441019 357700 309 X 0 0 0 0 0 0 0 0 0 0 0 0 20920 10460 10460 0 0 0 274028 204528 69500 13073 13073 4975 3482 1493 5928 4150 1778 0 43873 30711 13162 6073 4251 1822 0 0 0 0 0 21665 21665 Apprenticeship and craft train 8566 8566 Postage and Shipping 6028 5431 597 Printing and Publications 4241 2969 1272 Bank Fees 1834 1284 550 -3047 942 -3989 408157 289847 118310 0 6525 780 274790 320829 0 66972 70053 0 0 0 16547 32699 0 3044 3044 0 0 0 0 0 2539 0 367373 424361 25942 40600 25942 40600 X 337858 380188 3573 3573 341431 383761 367373 424361 X 32862 9468 X true X false true false X 55481 34492 51914 63409 83010 288306 0 0 55481 34492 51914 63409 83010 288306 0 288306 194 154 111 131 309 899 0 743 784 1527 290732 1599719 0.99170 0.99390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3573 3573 3573 3573 3573 3573 3573 3573 3573 3573 1.00000 false false false 3044 3044 X 441019 441019 441019 408157 408157 408157 Part V, Line 4: Intended uses of the endowment fund. Net assets with donor restrictions are for the purpose of scholarships for training. Part X : FIN48 Footnote The Trust is a not-for-profit organization that is exempt from income taxes under Section 501 (c)(3)of the Internal Revenue Code and is classified by the Internal Revenue Service as other than a private foundation. The Trust did not engage in any significant unrelated business activity for 2023 or 2022, accordingly, no federal or State of Alaska income tax is due for the years ended December 31, 2023 and 2022. The Trust classified all interest and penalties related to tax contingencies as income tax expense. As of December 31, 2023 and 2022, there were no accrued interest or penalties. As of December 31, 2023 and 2022, there were no uncertain tax positions or unrecognized tax benefits for which management believes it is reasonably possible that the total amounts of tax contingencies will significantly increase or decrease within 12 months of the reporting date. With few exceptions, the Trust is not subject to audit of its tax returns prior to December 31, 2020. Form 990, Part VI, Section A, Line 6 Participating employers and apprentices. Employers pay for the services all their memberships are paid through the chapter. Form 990, Part VI, Section B, Line 11b The 990 is reviewed in detail by the Treasurer and is distributed to all Board Members prior to filing. Form 990, Part VI, Section B, Line 12c The Trust holds regular meetings and annual signed disclosures. Form 990, Part VI, Section B, Line 15a The Trust has a management agreement with ABC of ALaska, Inc., a related entity that is approved annually by the Trustees. Form 990, Part VI, Section B, Line 15b The Trust has no officers or key employees that are compensated. Form 990, Part VI, Section C, Line 19 Disclosure of these documents and policies are provided upon request. Form 990, Part XI, Line 9 Addoption of FASB ASC 326 = $9468 Adoption of FASB ASC 326 In June 2016, the FASB issued guidance (FASB ASC 326) which significantly changed how entities will measure credit losses for most financial assets and certain other instruments that aren't measured at fair value through net income. The most significant change in this standard is a shift from the incurred loss model to the expected loss model. Under the standard, disclosures are required to provide users of the financial statements with useful information in analyzing an entity'sexposure to credit risk and the measurement of credit losses. Financial assets held by the organization that are subject to the guidance in FASB ASC 326 were trade accounts receivable. The Organization implemented ASC 326 as of January 1, 2022, the earliest period presented.We adopted the standard effective January 1, 2023, utilizing a cumulative-effect adjustment for all financial assets measured at amortized cost. As a result of the adoption, we recorded a transition adjustment, which included a $4,559 decrease to the allowance for credit losses for accounts receivables, which is presented on the balance sheet as a reduction to the total amount of bad debt expense. In addition, the transition adjustment resulted in an increase of $9,468 to beginning retained earnings as of January 1, 2023, which represents the cumulative effect of adoption FASB ASC 326. ABC of ALaska Inc 1900 W Benson Blvd 201 Anchorage AK 995171973 920163014 Promote merit shop form of construction. AK 501(c)(6) N/A false false false false false true false false false false false false false false false false true false false false ABC of ALaska Inc e 25274 Actual cost ABC of ALaska Inc p 338953 Actual Cost