Form 990 for tax year 2022
Filed by NATIONAL INSULATION ASSOCIATION.
Totals
- Total revenue
- $2,080,380
- Total expenses
- $2,231,093
- Contributions and grants received
- $10,000
- Grants paid
- $64,784
- Program service revenue
- $1,403,616
- Investment income
- $40,895
- Other revenue
- $625,869
- Total assets, end of year
- $1,646,850
- Total liabilities, end of year
- $1,301,637
- Net assets or fund balances, end of year
- $345,213
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$10,000
-
2a · Program service revenue: MEMBERSHIP DUES
total $787,413 · related or exempt $787,413
-
2b · Program service revenue: MEETINGS AND EDUCATION
total $594,896 · related or exempt $594,896
-
2c · Program service revenue: TRAINING AND CERTIFICA
total $15,190 · related or exempt $15,190
-
2d · Program service revenue: SUBSCRIPTIONS
total $6,117 · related or exempt $6,117
-
3 · Investment income
total $20,721 · excluded $20,721
-
7a · Gross sales of assets other than inventory
securities $302,885
-
7b · Less cost or other basis and sales expenses
securities $282,711
-
7c · Gain or loss
securities $20,174
-
7d · Net gain or loss
total $20,174 · excluded $20,174
-
11a · Other revenue: ADVERTISING
total $625,869 · unrelated business $625,869
-
11e · Other revenue, total
$625,869
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $64,784
-
5 · Compensation of officers, directors and key employees
total $428,571
-
7 · Other salaries and wages
total $417,127
-
8 · Pension plan contributions
total $43,193
-
9 · Other employee benefits
total $13,311
-
10 · Payroll taxes
total $57,359
-
11b · Fees: legal
total $30,161
-
11c · Fees: accounting
total $93,445
-
11f · Fees: investment management
total $7,226
-
11g · Fees: other
total $7,449
-
12 · Advertising and promotion
total $120,531
-
13 · Office expenses
total $338,288
-
14 · Information technology
total $45,264
-
16 · Occupancy
total $98,818
-
17 · Travel
total $89,401
-
19 · Conferences, conventions and meetings
total $319,956
-
22 · Depreciation, depletion and amortization
total $2,992
-
23 · Insurance
total $19,999
-
24a · Other expenses: EDUCATION PROGRAMS
total $33,218
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $916,968 · end of year $714,360
-
2 · Savings and temporary cash investments
beginning of year $13,924
-
4 · Accounts receivable
beginning of year $47,448 · end of year $86,333
-
9 · Prepaid expenses and deferred charges
beginning of year $84,112 · end of year $90,759
-
10a · Land, buildings and equipment: cost or other basis
$129,855
-
10b · Land, buildings and equipment: accumulated depreciation
$123,748
-
10c · Land, buildings and equipment, net
beginning of year $4,381 · end of year $6,107
-
11 · Investments: publicly traded securities
beginning of year $789,903 · end of year $695,532
-
15 · Other assets
beginning of year $9,716 · end of year $53,759
-
17 · Accounts payable and accrued expenses
beginning of year $386,996 · end of year $312,390
-
19 · Deferred revenue
beginning of year $640,479 · end of year $453,623
-
25 · Other liabilities
beginning of year $215,326 · end of year $535,624
-
27 · Net assets without donor restrictions
beginning of year $623,651 · end of year $345,213
Mission and programs · 2022
Mission
THE OBJECTIVES OF THE ASSOCIATION SHALL BE:TO PROMOTE THE GENERAL WELFARE OF THE COMMERICAL AND INDUSTRIAL INSULATION INDUSTRY. TO IMPROVE THE SERVICE, DIRECTLY AND OTHERWISE, TO THE GENERAL PUBLIC PERFORMED BY THE COMMERCIAL AND INDUSTRIAL INSULATION INDUSTRY.TO COOPERATE WITH OFFICIALS OF GOVERNMENT AGENCIES IN ANY PROGRAM CONSIDERED ESSENTIAL TO THE NATIONAL WELFARE OR OTHERWISE. TO DO ANYTHING NECESSARY AND PROPER FOR THE ACCOMPLISHMENT OF ANY PURPOSES HEREIN SET FORTH OR WHICH MAY BE RECOGNIZED AS A PROPER AND LAWFUL OBJECTIVE OF A TRADE ASSOCIATION. TO ENGAGE IN ANY LAWFUL ACT OR ACTIVITY FOR WHICH A CORPORATION MAY BE FORMED PURSUANT TO THE ACT, AND TO COMPLY FULLY WITH FEDERAL AND STATE ANTITRUST LAWS, STATUTES, RULES AND REGULATIONS.
Activities or mission (Part I)
TO PROMOTE THE GENERAL WELFARE OF THE COMMERCIAL AND INDUSTRIAL INSULATION INDUSTRY.
-
CONVENTION- THE ASSOCIATION'S ANNUAL CONVENTION IS DESIGNED TO ASSEMBLE INDUSTRY PARTICIPANTS TO EDUCATE THEM ON INDUSTRY DEVELOPMENT, TRENDS, AS WELL AS SOUND BUSINESS PRACTICES, AND TO PROVIDE AN OPPORTUNITY FOR PERSON-TO-PERSON NETWORKING.
-
EDUCATIONAL PROGRAMS- THE ASSOCIATION'S EDUCATIONAL PROGRAMS INCLUDE MANUALS, CDS, BROCHURES, AND TRAINING PROGRAMS SPECIALLY DEVELOPED TO MEET THE NEEDS OF THE COMMERCIAL AND INDUSTRIAL INSULATION INDUSTRY.
-
INSULATION OUTLOOK MAGAZINE, MTL, DIRECTORY, ANNUAL REPORT, NEWSLETTER AND MEMBER PARTICIPATION ON THE INSULATION.ORG WEBSITE
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Joe LeoJOE LEO
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5 + 5 related
-
Laura Wells DoverLAURA WELLS DOVER
PRESIDENT-ELECT
- Total calculated
- $0
- Hours/week
- 0.5
-
Jack BittnerJACK BITTNER
SECRETARY-TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Rick SutphinRICK SUTPHIN
ASSISTANT TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
David J CoxDAVID J COX
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5 + 5 related
-
Brian WillettBRIAN WILLETT
CSIA REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 0.3
-
Rick BaptistaRICK BAPTISTA
ESICA REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 0.3
-
Matt HymerMATT HYMER
MICA REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 0.3 + 5 related
-
Matt CaldwellMATT CALDWELL
SEICA REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 0.3
-
Daniel KingDANIEL KING
SWICA REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 0.3
-
Shawn ReichenbachSHAWN REICHENBACH
WICA REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 0.3
-
Mellanie AskewMELLANIE ASKEW
AT-LARGE REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 0.3
-
John K Freeeman JrJOHN K FREEEMAN JR
AT-LARGE REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 0.3
-
Marc NapolitanoMARC NAPOLITANO
AT-LARGE REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 0.3 + 5 related
-
David B PatrickDAVID B PATRICK
AT-LARGE REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 0.3
-
Jon PerryJON PERRY
AT-LARGE REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 0.3 + 5 related
-
John StevensJOHN STEVENS
AT-LARGE REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 0.3
-
Jake EricksonJAKE ERICKSON
ASSOCIATE REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 0.3
-
Michele M JonesMICHELE M JONES
EXECUTIVE VP/CEO
- Total calculated
- $293,908
- From this org
- $253,018
- From related orgs
- $0
- Other
- $40,890
- Hours/week
- 37.5 + 7 related
Schedule J breakdown matched by us
- Base
- $216,035
- Bonus
- $36,983
- Other
- $0
- Deferred
- $21,628
- Nontaxable benefits
- $19,262
- Filer's total
- $293,908
-
Kristin V DidomenicoKRISTIN V DIDOMENICO
VICE PRESIDENT
- Total calculated
- $152,292
- From this org
- $114,683
- From related orgs
- $0
- Other
- $37,609
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $100,809
- Bonus
- $13,874
- Other
- $0
- Deferred
- $11,600
- Nontaxable benefits
- $26,009
- Filer's total
- $152,292
-
Julie McLaughlinJULIE MCLAUGHLIN
SENIOR DIRECTOR OF PUBLICA
- Total calculated
- $150,410
- From this org
- $131,485
- From related orgs
- $0
- Other
- $18,925
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $118,399
- Bonus
- $13,086
- Other
- $0
- Deferred
- $11,550
- Nontaxable benefits
- $7,375
- Filer's total
- $150,410
-
Erin PenberthyERIN PENBERTHY
SENIOR DIRECTOR MEETINGS AND EDUCATION
- Total calculated
- $111,256
- From this org
- $102,583
- From related orgs
- $0
- Other
- $8,673
- Hours/week
- 37.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
TO HELP ADVANCE AND EXPAND THE COMMERCIAL AND INDUSTRIAL INSULATION INDUSTRY
-
$13,259
TO PROVIDE EDUCATIONAL SCHOLARSHIPS TO THE SPOUSES AND CHILDREN OF MILITARY MEMBERS
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
FOUNDATION FOR MECHANICAL INSULATION EDUCATION TRAINING
501(C)(3) · TO ADVANCE AND EXPAND THE COMMERCIAL AND INDUSTRIAL INSULATION INDUSTRY · VA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303199349315950
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.