National Roofing Foundation
- Assets
- $14.0m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Rosemont, IL
- Founding
- 01/1997
- Data as of
- 05/2022
- EIN
- 36-2934435
Organization Overview
National Roofing Foundation, operating under the name Roofing Ind Alliance for Progress, is located in Rosemont, IL. The organization was established in 1997. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roofing Ind Alliance for Progress is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2022, Roofing Ind Alliance for Progress generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $933.1k during the year ending 05/2022. While expenses have increased by 5.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RESEARCH, EDUCATION, AND SCHOLARSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCTION MANAGEMENT: STUDENT TEAMS WHO ARE PURSUING AN EDUCATION IN THE ROOFING INDUSTRY CAN JOIN A COMPETITION TO CREATE AWARENESS AND HELP EDUCATE CONSTRUCTION MANAGEMENT STUDENTS ABOUT THE ROOFING INDUSTRY; THE COMPETITION CHALLENGES THE STUDENTS' ROOFING KNOWLEDGE, CONSTRUCTION MANAGEMENT SKILLS, TIME MANAGEMENT, AND ORGANIZATIONAL AND PRESENTATION SKILLS.
SCHOLARSHIPS AND GRANTS: THE MELVIN KRUGER ENDOWED SCHOLARSHIP PROGRAM IS OPEN TO EMPLOYEES OF NRCA CONTRACTOR AND SUPPLIER MEMBERS, THEIR SPOUSES AND THEIR DEPENDENT CHILDREN. THERE ARE 2 SCHOLARSHIP CATEGORIES. THE ACCREDITED POST-SECONDARY INSTITUTION SCHOLARSHIP: THIS $5,000 SCHOLARSHIP CATEGORY IS FOR INDIVIDUALS PLANNING TO ATTEND POST-SECONDARY COLLEGES AND UNIVERSITIES AND ARE SEEKING CAREERS IN THE ROOFING OR BUILDING CONSTRUCTION INDUSTRIES (WHICH INCLUDES ARCHITECTURE; CIVIL, MECHANICAL OR STRUCTURAL ENGINEERING; CONSTRUCTION MANAGEMENT OR OCCUPATIONAL HEALTH AND SAFETY MAJORS). THE ACCREDITED CAREER TECHNICAL EDUCATION SCHOLARSHIP: STUDENTS WHO ARE PURSUING AN EDUCATION AT A VOCATIONAL OR TECHNICAL TRADE SCHOOL ARE ELIGIBLE TO APPLY. THIS $1,000 SCHOLARSHIP IS DESIGNED TO HELP STUDENTS WHO ARE SEEKING A PROFESSIONAL CAREER INSIDE THE ROOFING INDUSTRY INCLUDING BUT NOT LIMITED TO THOSE SEEKING TO BE ROOFING AND SHEET METAL INSTALLERS/FABRICATORS, CRANE AND EQUIPMENT OPERATORS, FOREMEN AND SUPERINTENDENTS, WAREHOUSE AND INVENTORY SPECIALISTS, AND OTHER ROOFING TRADE SPECIALTIES. THIS SCHOLARSHIP IS NOT DESIGNED FOR THOSE CAREERS THAT REQUIRE A FOUR-YEAR UNDERGRADUATE DEGREE.
CLEMSON UNIVERSITY COURSE RESEARCH: TO DEVELOP AND IMPLEMENT AN UNDERGRADUATE/GRADUATE THREE CREDIT COLLEGE COURSE SPECIFIC TO THE ROOFING INDUSTRY THAT WILL EDUCATE STUDENTS ON THE OVERALL ROOFING INDUSTRY AND MAKE THEM AWARE OF THE ROOFING INDUSTRY AS A POTENTIAL CAREER OPTION AT CLEMSON UNIVERSITY'S CONSTRUCTION SCIENCE AND MANAGEMENT DEPARTMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alison Lavalley Executive Director | Officer | 30 | $128,975 |
Kelly Van Winkle President | OfficerTrustee | 1 | $0 |
Greg Bloom Vice President | OfficerTrustee | 1 | $0 |
Jason Dark Secretary-Treasurer | OfficerTrustee | 1 | $0 |
Geoff Mitchell Nrca Vcl Liaison | OfficerTrustee | 1 | $0 |
Harry Ryder CFO | Officer | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $293,846 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $293,846 |
| Total Program Service Revenue | $2,979 |
| Investment income | $342,098 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,233,212 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,824,396 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $60,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $34,361 |
| Compensation of current officers, directors, key employees. | $34,361 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $187,311 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $77,746 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,446 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $163,824 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $61,775 |
| Total functional expenses | $933,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $323,448 |
| Savings and temporary cash investments | $791,237 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $12,824,117 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,958,802 |
| Accounts payable and accrued expenses | $9,500 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,500 |
| Net assets without donor restrictions | $13,356,399 |
| Net assets with donor restrictions | $592,903 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,958,802 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that National Roofing Foundation has recieved totaling $21,200.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $11,200 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
Iowa Student Loan Liquidity Corp West Des Moines, IA | $1,230,053,718 | $45,688,659 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |