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CAGC FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CAGC FOUNDATION INC (EIN 56-1604530)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-09-24
IRS object ID
202432689349301138
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-09-24T13:24:21-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN561688300PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foard and Company PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11347 Harding PlaceAddressLine1Txt
CityCharlotteCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28204ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN561604530EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CAGC Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCAGCBusinessNameControlTxt
Phone7043721450PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14824 Parkway Plaza Blvd Suite 115AddressLine1Txt
CityCharlotteCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28217ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDavid SimpsonPersonNm
Person TitleSecretaryPersonTitleTxt
Signature2024-09-24SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTerry W LancasterPreparerPersonNm
PTINP00096087PTIN
Phone7043721515PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-08-08 14:25:15ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDavid SimpsonPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14824 Parkway Plaza Blvd Suite 115AddressLine1Txt
CityCharlotteCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28217ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,757,836GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1987FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionTO SERVE THE CONSTRUCTION INDUSTRY BY FINANCIALLY SUPPORTING EXCELLENT WORKFORCE DEVELOPMENT.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers18TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$304,613PYContributionsGrantsAmt
CY Contributions Grants$1,386,817CYContributionsGrantsAmt
CY Program Service Revenue$352,792CYProgramServiceRevenueAmt
PY Investment Income$19,937PYInvestmentIncomeAmt
CY Investment Income$15,317CYInvestmentIncomeAmt
CY Other Revenue$2,910CYOtherRevenueAmt
PY Total Revenue$324,550PYTotalRevenueAmt
CY Total Revenue$1,757,836CYTotalRevenueAmt
PY Grants And Similar Paid$366,038PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,388,798CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$50,651PYOtherExpensesAmt
CY Other Expenses$517,464CYOtherExpensesAmt
PY Total Expenses$416,689PYTotalExpensesAmt
CY Total Expenses$1,906,262CYTotalExpensesAmt
PY Revenues Less Expenses-$92,139PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$148,426CYRevenuesLessExpensesAmt
Total Assets BOY$2,351,366TotalAssetsBOYAmt
Total Assets EOY$1,916,798TotalAssetsEOYAmt
Total Liabilities BOY$1,725,707TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,383,587TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$625,659NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$533,211NetAssetsOrFundBalancesEOYAmt
MissionTO SERVE THE CONSTRUCTION INDUSTRY BY FINANCIALLY SUPPORTING EXCELLENT WORKFORCE DEVELOPMENT AND RESEARCH PROGRAMS, ACTIVITIES, AND SERVICES IN THE CAROLINAS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,767,118ExpenseAmt
Grant$1,375,805GrantAmt
DescBUILD YOUR CAREER (BYC) PROGRAM TO GET MORE PEOPLE AWARE OF CONSTRUCTION CAREER OPPORTUNITIES BY LAUNCHING EDUCATION EFFORTS ON THE MIDDLE SCHOOL AND HIGH SCHOOLLEVELS, AS WELL AS IN COMMUNITY COLLEGES, AND WITH INDIVIDUALS WANTINGTO CHANGE CAREERS. 14,000 STUDENTS LEARNED THAT THERE IS A GREATVARIETY OF JOBS IN THIS GREAT INDUSTRY AND THAT CONSTRUCTION IS NOTJUST ERECTING BUILDINGS, IT ALSO INVOLVES CONSTRUCTING BRIDGES,HIGHWAYS AND UTILITIES AS WELL.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$12,993ExpenseAmt
Grant$12,993GrantAmt
DescEDUCATION AND TRAINING - CAROLINAS AGC FOUNDATION OFFERS PROGRESSIVE TRAINING OPPORTUNITIES FOR CONSTRUCTION TRADE CRAFTSMEN, CONSTRUCTION SUPERVISORS, AND EXECUTIVE MANAGEMENT. THE FOUNDATION IS AN ACCREDITED TRAINING SPONSOR FOR THE NATIONAL CENTER FOR CONSTRUCTION EDUCATION AND RESEARCH (NCCER). AS A SPONSOR THE FOUNDATION OFFERS THE NCCER INSTRUCTOR CERTIFICATION TRAINING PROGRAM. CERTIFIED INSTRUCTORS ARE QUALIFIED TO TEACH NCCER CONTREN LEARNING SERIES CURRICULUM. THISCURRICULUM IS MODULE BASED AND TEACHES STUDENTS KNOWLEDGE AND SKILLS ASSOCIATED WITH TASKS RELATED TO A VARIETY OF CRAFT TRADES. TRAINING IS CONDUCTED IN COMMUNITY COLLEGES, TECHNICAL SCHOOLS, HIGH SCHOOLS, AND WITHIN INDIVIDUAL CONSTRUCTION COMPANIES IN NC AND SC. THE FOUNDATION IS AN ACCREDITED ASSESSMENT CENTER FOR NCCER. THE FOUNDATION OFFERS NCCER CERTIFICATION ASSESSMENTS FOR JOURNEY LEVEL CRAFTSMEN IN A VARIETY OF CRAFT TRADES. UPON SUCCESSFUL COMPLETION, CRAFTSMENRECEIVE CERTIFICATION CREDENTIALS FROM NCCER. THE FOUNDATION OFFERS A VARIETY OF SUPERVISORY AND MANAGEMENT CONTINUING EDUCATION OPPORTUNITIES. EDUCATIONAL OFFERINGS ARE DETERMINED FROM CAGC'S MEMBER INPUT AND CHANGE BASED ON THE CHANGING NEEDS OF THE INDUSTRY. THE FOUNDATION OFFERS THESE COURSES TO CAGC'S GENERAL MEMBERSHIP AND AS PRIVATE OFFERINGS TO MEMBER FIRMS. THE FOUNDATION'S PUBLIC OFFERINGS ARE AVAILABLE TO NON CAGC MEMBERS BASED ON SPACE AVAILABILITY. THE FOUNDATION IS COMMITTED TO PROVIDING HIGH QUALITY EDUCATION SERVICES FOR THE BENEFIT OF ITS MEMBERSHIP AND THE CONSTRUCTION INDUSTRY IN A COST EFFECTIVE MANNER TO HELP MAKE ATTENDEES SKILLED AND VALUED REPRESENTATIVES OF THE CONSTRUCTION INDUSTRY.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,780,111TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document18IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Form8282 Filed0Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDavid SimpsonPersonNm
Phone7043721450PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14824 Parkway Plaza Blvd Ste 115AddressLine1Txt
CityCharlotteCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28217ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
David Simpson
Secretary7.5049.00Yes (X)$0$335,000$17,610
Edison Cassels
Chair7.500.00Yes (X)$0$0$0Yes (X)
Melissa Cole
Trustee7.500.00$0$0$0Yes (X)
Evan Sowell
Trustee7.500.00$0$0$0Yes (X)
K Michael Hall
Trustee7.500.00$0$0$0Yes (X)
Ed Roper
Trustee7.500.00$0$0$0Yes (X)
Chad Webb
Treasurer7.500.00Yes (X)$0$0$0Yes (X)
Scott Fant
Trustee7.500.00$0$0$0Yes (X)
Andrew Gardner
Trustee7.500.00$0$0$0Yes (X)
Richard Latorre
Trustee7.500.00$0$0$0Yes (X)
Elizabeth Kovacs
Trustee7.500.00$0$0$0Yes (X)
Kristie Van Auken
Trustee7.500.00$0$0$0Yes (X)
Fiorella Horna
Trustee7.500.00$0$0$0Yes (X)
Claudia Dodgen
Past Chair7.500.00$0$0$0Yes (X)
Kari McCottrey
Trustee7.500.00$0$0$0Yes (X)
Clay Tresher
YL Rep.7.500.00$0$0$0Yes (X)
Mark Johnnie
CAGC Chair7.500.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Tot Reportable Comp Rltd Org$335,000TotReportableCompRltdOrgAmt
Total Other Compensation$17,610TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdCompensationCompensationAmt
Carolinas AGC Inc
4824 Parkway Plaza Blvd Ste 115CharlotteNC28217$364,107
Diverse City Services
PO Box 34617CharlotteNC28234$122,437
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
Government Grants$1,350,776GovernmentGrantsAmt
All Other Contributions$36,041AllOtherContributionsAmt
Total Contributions$1,386,817TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Barry Jenkins Fund$152,500$152,500
Management training and e$65,027$65,027
NCCER$17,145$17,145
NCGC Licensing/Contractor$19,025$19,025
Safety class income$83,650$83,650

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,445TotalRevenueColumnAmt
Related Or Exempt Func Income$15,445RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$352,792TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,317TotalRevenueColumnAmt
Exclusion$15,317ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescAffinityDesc
Total Revenue Column$2,910TotalRevenueColumnAmt
Related Or Exempt Func Income$2,910RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,910OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,757,836TotalRevenueColumnAmt
Related Or Exempt Func Income$355,702RelatedOrExemptFuncIncomeAmt
Exclusion$15,317ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,375,805TotalAmt
Program Services$1,375,805ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$12,993TotalAmt
Program Services$12,993ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$20,892TotalAmt
Program Services$11,443ProgramServicesAmt
Management And General$9,449ManagementAndGeneralAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Family injury$152,519$152,519
Administration$128,243$13,725$114,518
Training$77,614$75,430$2,184
Safety$75,512$75,512

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$62,684TotalAmt
Program Services$62,684ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,906,262TotalAmt
Program Services$1,780,111ProgramServicesAmt
Management And General$126,151ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,807,975BOYAmt
EOY$1,420,235EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,988BOYAmt
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$833BOYAmt
EOY$9,891EOYAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$540,570BOYAmt
EOY$486,672EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,351,366BOYAmt
EOY$1,916,798EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$35,116BOYAmt
EOY$359,202EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$6,775EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,690,591BOYAmt
EOY$1,017,610EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,725,707BOYAmt
EOY$1,383,587EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$602,979BOYAmt
EOY$510,531EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$22,680BOYAmt
EOY$22,680EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$625,659BOYAmt
EOY$533,211EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,351,366BOYAmt
EOY$1,916,798EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$148,426ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$55,978NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1Carolinas AGC INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN560126510EIN
Organization Type10OrganizationTypeCd
Governing Document ListedfalseGoverningDocumentListedInd
Support$0SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (true)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationfalseSuprtOrgNoIRSDeterminationInd
Supported Org Section C456Yes (true)SupportedOrgSectionC456Ind
Supported Org QualifiedYes (true)SupportedOrgQualifiedInd
Suprt Exclusively Sec170c2 BYes (true)SuprtExclusivelySec170c2BInd
Supported Org Not Organized USfalseSupportedOrgNotOrganizedUSInd
Organization Change Suprt OrgfalseOrganizationChangeSuprtOrgInd
Support Non Supported OrgfalseSupportNonSupportedOrgInd
Payment Substantial ContribtrfalsePaymentSubstantialContribtrInd
Loan Disqualified PersonfalseLoanDisqualifiedPersonInd
Controlled Disqualified PrsnfalseControlledDisqualifiedPrsnInd
Disqualified Prsn Controll IntfalseDisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr IntfalseDisqualifiedPrsnOwnrIntInd
Excess Business Holdings RulesfalseExcessBusinessHoldingsRulesInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (true)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt OrgfalseOperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part IV, Section A, Line 3b: Description Of When and How Organization Made The DeterminationCAGC FOUNDATION, INC. CONFIRMED THAT CAGC, INC. MET THE PUBLIC SUPPORT TEST BY HAVING THEIR TAX PREPARER MAKE THE CALCULATION FOR THE YEAR.
Part IV, Section A, Line 3c: Explain What Controls The Organization Put In PlaceGRANTS ARE NOT MADE TO CAGC, INC., INSTEAD THE CAGC FOUNDATION, INC.MAKES SCHOLARSHIP GRANTS TO INDIVIDUALS

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$22,680BeginningYearBalanceAmt
End Year Balance$22,680EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$22,680BeginningYearBalanceAmt
End Year Balance$22,680EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$22,680BeginningYearBalanceAmt
End Year Balance$22,680EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$22,680BeginningYearBalanceAmt
End Year Balance$22,680EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$22,680BeginningYearBalanceAmt
End Year Balance$22,680EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd
Related Org List Sch RfalseRelatedOrgListSchRInd

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
Due to Affiliates$100,407
Refundable Advance$917,203
FieldValueIRS element (for citing)
Total Liability$1,017,610TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$1,813,814TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$55,978NetUnrealizedGainsInvstAmt
Revenue Not Reported$55,978RevenueNotReportedAmt
Revenue Subtotal$1,757,836RevenueSubtotalAmt
Total Revenue Per Form990$1,757,836TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,906,262TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$1,906,262ExpensesSubtotalAmt
Total Expenses Per Form990$1,906,262TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart V, Line 4: Intended uses of the endowment fund.FormAndLineReferenceDesc
ExplanationPERMANENTLY RESTRICTED NET ASSETS AT YEAR END REPRESENT DONOR-RESTRICTED FUNDS THAT WERE CONTRIBUTED TO THE FOUNDATION TO ESTABLISH AN ENDOWMENT FUND IN THE HONOR OF A FORMER EMPLOYEE. THE FOUNDATION HAS CLASSIFIED, AS PERMANENTLY RESTRICTED, THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT. THE FOUNDATION HASESTABLISHED FORMAL INVESTMENT AND SPENDING POLICIES RELATED TO THEMANAGEMENT OF THESE FUNDS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1See Attached ListBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14824 Parkway Plaza Blvd SuitAddressLine1Txt
CityCharlotteCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28217ZIPCd
FieldValueIRS element (for citing)
Cash Grant$1,375,805CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
FieldValueIRS element (for citing)
Total501c3 Org0Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeScholarshipsGrantTypeTxt
Recipient4RecipientCnt
Cash Grant$12,993CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceGrantmaker's Description of How Grants are UsedFormAndLineReferenceDesc
ExplanationPAYMENTS ARE MADE DIRECTLY TO THE COLLEGES THAT RECIPIENTS ARE ATTENDING. NO ADDITIONAL MONITORING IS DONE.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonDavid SimpsonPersonNm
TitleSecretaryTitleTxt
Compensation Based On Rltd Orgs$335,000CompensationBasedOnRltdOrgsAmt
Nontaxable Benefits Rltd Orgs$17,610NontaxableBenefitsRltdOrgsAmt
Total Compensation Rltd Orgs$352,610TotalCompensationRltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart III, Additional InformationFormAndLineReferenceDesc
ExplanationThe CEO is paid by Carolinas AGC, INC.,a related 501(c)(6).ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, Line 7aCAGC FOUNDATION BOARD OF TRUSTEES, INCLUDING OFFICERS, IS APPOINTED BY CAROLINAS AGC, INC. BOARD OF DIRECTORS. THE BOARD OF TRUSTEES' TERMS OF OFFICE FOLLOWS THESAME TERM YEAR AS THE CAROLINAS AGC, INC BOARD OF DIRECTORS.
Form 990, Part VI, Section A, Line 7bTHE CAROLINAS AGC, INC. BOARD OF DIRECTORS MUST APPROVE ALL BYLAW CHANGES OF THE FOUNDATION.
Form 990, Part VI, Section B, Line 11bDIRECTORS AND OFFICERS ARE E-MAILED A COPY OF THE FORM 990 FOR REVIEW AND POSITIVE ACKNOWLEDGEMENT PRIOR TO FILING.
Form 990, Part VI, Section B, Line 12cTHE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY WITH THE BOARD AND MEMBERS ARE REQUIRED TO NOTIFY THE FOUNDATION IF THEIR STATUS RELATED TO THE CONFLICT OF INTEREST POLICY CHANGES DURING MEETINGS THROUGHOUT THE YEAR. IF THERE IS A DISCLOSURE OF A POTENTIAL CONFLICT OF INTEREST AND RELATED MATERIAL FACTS BY A BOARD MEMBER, THAT PERSON SHALL RECUSE HIMSELF/HERSELF FROM THE MEETING AND/OR VOTE.
Form 990, Part VI, Section C, Line 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
Carolinas AGC INC
4824 Parkway Plaza Blvd Suite 115CharlotteNC28217560126510Promote common business interestNC501(c)(6)N/Afalse
Carolinas AGC INC North Carolina PAC
4824 Parkway Plaza Blvd Suite 115CharlotteNC28217561457783State Political Action CommitteeNC527(F)(3)falseCarolinas AGC INC
Carolinas AGC INC South Carolina PAC
4824 Parkway Plaza Blvd Suite 115CharlotteNC28217912077571State Political Action CommitteeSC527(F)(3)falseCarolinas AGC INC
SC Construction Advocacy Fund
4824 Parkway Plaza Blvd Suite 115CharlotteNC28217932547010State Political Action CommitteeSC501 (C) (4)N/Afalse
NC Construction Advocacy Fund
4824 Parkway Plaza Blvd Suite 115CharlotteNC28217932529418State Political Action CommitteeNC501 (c) (4)N/Afalse
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd