American Coatings Association Inc
- Assets
- $40.1m
- Revenue
- $7.6m
- Investments
- $0.0
- Employees
- 90
- Location
- Washington, DC
- Founding
- 09/1935
- Data as of
- 12/2023
- EIN
- 53-0115900
Organization Overview
American Coatings Association Inc is located in Washington, DC. The organization was established in 1935. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, American Coatings Association Inc employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Coatings Association Inc 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 12/2023, American Coatings Association Inc generated $7.6m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $9.0m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 9 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE NEEDS OF THE PAINT AND COATINGS INDUSTRY AND THE PROFESSIONALS WHO WORK IN IT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOVERNMENT AFFAIRS AND ADVOCACY: ACA'S PAINT COUNCILS ARE A NETWORK OF GRASSROOTS ORGANIZATIONS REPRESENTING THE ASSOCIATION IN ITS EFFORTS TO PROMOTE THE INTERESTS OF THE COATINGS INDUSTRY AT THE STATE LEVEL. ACA'S PAINT COUNCILS PROVIDE A FORUM FOR COMPANIES DOING BUSINESS IN THOSE STATES TO INTERACT WITH EACH OTHER AND WITH THEIR ELECTED OFFICIALS. ADMINISTRATION AND COORDINATION OF THE PAINT COUNCIL NETWORK IS OVERSEEN BY THE ASSOCIATION'S GOVERNMENT AFFAIRS COMMITTEE. EXPERIENCE, TO DATE, HAS SHOWN THAT AN ORGANIZED, INFORMED MEMBERSHIP CAN MAKE A SIGNIFICANT DIFFERENCE IN THE OUTCOME OF PUBLIC POLICY DEBATES CONCERNING COATINGS INDUSTRY ISSUES. PAINT COUNCIL MEMBERSHIP AND PARTICIPATION IS AVAILABLE TO ACA CORPORATE MEMBERS ONLY, SINCE IT IS MEMBERSHIP DUES THAT SUPPORT THE WORK OF THE PAINT COUNCILS. ACTIONS TAKEN BY EACH PAINT COUNCIL ARE DETERMINED BY ITS MEMBERSHIP AT REGULARLY SCHEDULED MEETINGS THROUGHOUT THE YEAR. EACH PAINT COUNCIL HAS PROFESSIONAL STAFF FOR LOBBYING AND ASSOCIATION MANAGEMENT.
EVENTS AND COMMUNICATIONS: ACA EVENTS FOCUS ON THE LATEST TECHNOLOGICAL INNOVATIONS IN THE COATINGS FIELD AND ALLIED INDUSTRIES. THEY OFFER DETAILED ANALYSIS ON SPECIFIC AREAS OF COATINGS TECHNOLOGY AND ARE GEARED TO A GLOBAL AUDIENCE. ACA ALSO OFFERS A VARIETY OF PUBLICATIONS THAT HIGHLIGHT AND ADDRESS THE ISSUES IN THE COATINGS INDUSTRY.
GOVERNMENT, HEALTH, SAFETY AND ENVIRONMENTAL AFFAIRS: ACA'S ACCOMPLISHMENTS INCLUDE THE FOLLOWING: PROVIDING TECHNICAL ASSISTANCE TO FEDERAL AND STATE AGENCIES ON AIR QUALITY REQUIREMENTS FOR COATINGS AND COATINGS FACILITIES AS WELL AS GUIDANCE TO THE INDUSTRY TO FACILITATE COMPLIANCE; CONVINCED THE STATE OF ILLINOIS TO ADOPT A PAINT STEWARDSHIP PROGRAM FOR ARCHITECTURAL PAINTS AND IN CALIFORNIA, ASSISTED IN THE PASSAGE OF LEGISLATION ALLOWING THE COLLECTION OF AEROSOL COATINGS IN THE EXISTING PAINT RECOVERY PROGRAM; THE AWARD OF NUMEROUS SAFETY AWARDS TO MEMBER FACILITIES MEETING THE OSHA SAFETY STANDARDS, PROVIDED ASSISTANCE TO SEVERAL STATE AND FEDERAL AGENCIES ON RULEMAKINGS IMPACTING MANUFACTURE, LABELING, TRANSPORT AND DISTRIBUTION OF COATINGS PRODUCTS, AND DEVELOPED GUIDANCE FOR "KEY PERFORMANCE INDICATORS (KPI) FOR SUSTAINABLE DEVELOPMENT GOALS (SDGS)
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 |
|---|---|---|---|
Dan Calkins Chair | OfficerTrustee | 0.5 | $0 |
Jeff Powell Vice Chair | OfficerTrustee | 0.5 | $0 |
Frank Sullivan Past Chair | Trustee | 0.5 | $0 |
David Penichter Isc Chair | Trustee | 0.5 | $0 |
Meika Vogel Pc Chair | Trustee | 0.5 | $0 |
John Milgram Paintpac Chair | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nc State University Faculty Consultation | 12/30/21 | $245,000 |
The Moery Company Llc Consulting | 12/30/21 | $108,792 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,145,598 |
| Investment income | $535,699 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$50,492 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,633,205 |
| 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. | $985,940 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,910,376 |
| Pension plan accruals and contributions | $289,797 |
| Other employee benefits | $533,845 |
| Payroll taxes | $265,657 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $74,906 |
| Fees for services: Accounting | $40,717 |
| Fees for services: Lobbying | $172,389 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $51,851 |
| Fees for services: Other | $1,141,134 |
| Advertising and promotion | $227 |
| Office expenses | $120,387 |
| Information technology | $125,291 |
| Royalties | $0 |
| Occupancy | $454,941 |
| Travel | $176,947 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $404,433 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $381,672 |
| Insurance | $142,052 |
| All other expenses | -$2,490 |
| Total functional expenses | $8,977,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,810,287 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,451,221 |
| 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 | $381,698 |
| Net Land, buildings, and equipment | $1,067,466 |
| Investments—publicly traded securities | $19,715,709 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,658,860 |
| Total assets | $40,085,241 |
| Accounts payable and accrued expenses | $424,323 |
| Grants payable | $0 |
| Deferred revenue | $411,034 |
| 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 | $5,533,334 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,804,195 |
| Total liabilities | $18,172,886 |
| Net assets without donor restrictions | $21,912,355 |
| 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 | $40,085,241 |