National Asphalt Pavement Association Research And Education

Organization Overview

National Asphalt Pavement Association Research And Education is located in Greenbelt, MD. The organization was established in 1979. According to its NTEE Classification (S05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Asphalt Pavement Association Research And Education 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 12/2021, National Asphalt Pavement Association Research And Education generated $388.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $446.4k during the year ending 12/2021. While expenses have increased by 7.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE ORGANIZATION IS TO RAISE, MANAGE AND DISBURSE FUNDS TO CONDUCT AND IMPLEMENT RESEARCH AND EDUCATION PROGRAMS TO IMPROVE THE KNOWLEDGE, UNDERSTANDING AND SKILLS IN TECHNICAL AND MANAGEMENT AREAS RELATED TO ASPHALT DESIGN AND CONSTRUCTION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ASPHALT INDUSTRY SCHOLARSHIP PROGRAM: THE ASPHALT INDUSTRY SCHOLARSHIP PROGRAM WAS INITIATED IN 1994 TO ENCOURAGE YOUNG PEOPLE TO TAKE ELECTIVE COURSES IN ASPHALT TECHNOLOGY AND MANAGEMENT, AND TO ENCOURAGE INSTITUTIONS TO MAKE SUCH COURSES AVAILABLE. ASPHALT COMPANIES AND THE INDUSTRY BENEFIT AS STUDENTS WHO GO ON TO FORGE CAREERS IN PUBLIC WORKS AT THE MUNICIPAL, COUNTY, STATE, AND NATIONAL LEVELS ARE WELL ACQUAINTED WITH ASPHALT TECHNOLOGY.


NAPA CARE PROGRAM: THE NAPA CARE EMERGENCY BENEVOLENT FUND PROVIDES IMMEDIATE FINANCIAL ASSISTANCE TO NAPA MEMBER EMPLOYEE FAMILIES WHO HAVE SUFFERED A FATALITY IN AN ASPHALT WORK ZONE OR PLANT SITE.


PROFESSOR TRAINING PROGRAM: THE PROFESSOR TRAINING PROGRAM IS A FIVE-DAY COURSE CONSISTING OF INTENSIVE LECTURES, LABORATORY EXERCISES, AND DISCUSSIONS TO INVESTIGATE ALL PHASES OF ASPHALT TECHNOLOGY IN CIVIL ENGINEERING PROGRAMS. NCAT OFFERS A SIMILAR ASPHALT ENGINEERING WORKSHOP. THE PROFESSOR TRAINING PROGRAM IS HELD EVERY OTHER YEAR AND ROTATES WITH NCAT'S ASPHALT ENGINEERING WORKSHOP.


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Board, Officers & Key Employees

Name (title)Compensation
Peter A Wilson
Chairman
$0
Daniel J Gallagher
Secretary
$0
James Winford
Treasury
$0
Audrey Copeland
President & CEO
$0
Melanie Richardson
VP Of Finance & Operations
$0
John J Keating
Trustee
$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$97,093
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$97,093
Total Program Service Revenue$0
Investment income $143,851
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $137,622
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $10,306
Miscellaneous Revenue$0
Total Revenue $388,872

Grants Recieved

Over the last fiscal year, we have identified 1 grants that National Asphalt Pavement Association Research And Education has recieved totaling $44,000.

Awarding OrganizationAmount
Asphalt Paving Association Of Iowa

Urbandale, IA

PURPOSE: TO PROVIDE MONETARY ASSISTANCE FOR SCHOLARSHIPS TO STUDENTS IN THE ASPHALT INDUSTRY

$44,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,347,312
Earnings$729,608
Net Contributions$97,093
Grants$310,750
Ending Balance$4,863,263

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