Asphalt Paving Association Of Iowa
- Assets
- $664.3k
- Revenue
- $870.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Ames, IA
- Founding
- 07/1958
- Data as of
- 01/2023
- EIN
- 42-0774100
Organization Overview
Asphalt Paving Association Of Iowa is located in Ames, IA. The organization was established in 1958. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 01/2023, Asphalt Paving Association Of Iowa employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asphalt Paving Association Of Iowa is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 01/2023, Asphalt Paving Association Of Iowa generated $870.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $887.0k during the year ending 01/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Asphalt Paving Association Of Iowa has awarded 14 individual grants totaling $451,339. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE USE OF HOT MIX ASPHALT CONSTRUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERS ADVANCE THEIR KNOWLEDGE AND THE PUBLIC'S KNOWLEDGE OF USES OF ASPHALTIC ROAD MATERIALS BY THE EXCHANGEOF INFORMATION REGARDING ITS USES, VALUE, AND FUTURE DEVELOPMENTS OF THE PRODUCT.
THE ASSOCIATION HOLDS AN ANNUAL CONVENTION FOR ITS MEMBERS, WHICH IS DESIGNED TO PROVIDE MEMBERS WITH THE LATEST INFORMATION IN THE HOT-MIX ASPHALT (HMA) INDUSTRY, AS WELL AS ALLOW THE MEMBERS TO DEVELOP LEADERSHIP AND NETWORKING OPPORTUNITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Manatt Secretary/treasurer | Trustee | 0.3 | $0 |
Dan Roberts Director | Trustee | 0.3 | $0 |
Brad Blough President | Trustee | 0.3 | $0 |
Matt Barkley Director | Trustee | 0.3 | $0 |
Chris Winkel Vice President | Trustee | 0.3 | $0 |
Derek Assman Director | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $502,593 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $502,593 |
| Total Program Service Revenue | $364,520 |
| Investment income | $1,378 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,378 |
| Net Income from Fundraising Events | $4,024 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $870,137 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $169,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $179,289 |
| Pension plan accruals and contributions | $39,723 |
| Other employee benefits | $0 |
| Payroll taxes | $37,500 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,245 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $56,640 |
| Office expenses | $39,145 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,429 |
| Travel | $1,189 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $292,556 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,025 |
| Insurance | $10,060 |
| All other expenses | $2,740 |
| Total functional expenses | $887,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $492,450 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $32,586 |
| 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 | $11,661 |
| Net Land, buildings, and equipment | $64,608 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $61,461 |
| Other assets | $1,500 |
| Total assets | $664,266 |
| Accounts payable and accrued expenses | $33,791 |
| Grants payable | $0 |
| Deferred revenue | $19,975 |
| 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 | $66,948 |
| Other liabilities | $0 |
| Total liabilities | $120,714 |
| Net assets without donor restrictions | $543,552 |
| Net assets with donor restrictions | $0 |
| 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 | $664,266 |
Grants Awarded
Over the last fiscal year, Asphalt Paving Association Of Iowa has awarded $64,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF IOWA PURPOSE: TO PROVIDE MONETARY ASSITANCE FOR LAB EQUIPMENT FOR STUDENTS IN THE ASPHALT INDUSTRY | $20,500 |
NATIONAL ASPHALT PAVING ASSOCIATION RESEARCH AND EDUCATION FOUNDATION PURPOSE: TO PROVIDE MONETARY ASSISTANCE FOR SCHOLARSHIPS TO STUDENTS IN THE ASPHALT INDUSTRY | $44,000 |