Interlocking Concrete Pavement Inst Itute
- Assets
- $5.2m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 11
- Location
- Herndon, VA
- Founding
- 10/1996
- Data as of
- 06/2022
- EIN
- 54-1678062
Organization Overview
Interlocking Concrete Pavement Inst Itute is located in Herndon, VA. The organization was established in 1996. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Interlocking Concrete Pavement Inst Itute employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interlocking Concrete Pavement Inst Itute 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 06/2022, Interlocking Concrete Pavement Inst Itute generated $3.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $3.5m during the year ending 06/2022. While expenses have increased by 1.6% 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 DELIVER EDUCATION AND TECHNICAL GUIDANCE LEADING TO AWARENESS, ACCEPTANCE AND USE OF SEGMENTAL CONCRETE PAVEMENT SYSTEMS IN THE UNITED STATES AND CANADA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS & EXHIBITS - PRODUCES HARDSCAPE NORTH AMERICA A TRADE SHOW AND EDUCATIONAL CONFERENCE FOR DISTRIBUTORS AND CONTRACTORS AND HOLDS TWO BUSINESS MEETINGS TO DEVELOP TECHNICAL, CONSTRUCTION AND MARKETING STRATEGIES FOR THE INDUSTRY.
EDUCATION - CONDUCTS EDUCATIONAL PROGRAMS FOR CONTRACTORS, DESIGN PROFESSIONALS AND MANUFACTURERS ON BEST PRACTICES FOR CONSTRUCTION AND DESIGN OF INTERLOCKING CONCRETE PAVEMENT AND PERMEABLE INTERLOCKING CONCRETE PAVEMENT SYSTEMS.
PUBLICATIONS - DEVELOPS TECHNICAL LITERATURE AND PUBLISHES A DIGITAL QUARTERLY MAGAZINE, INTERLOCK DESIGN, WITH A CIRCULATION OF 12,000 PROVIDING CASE STUDIES, TECHNICAL RESEARCH AND INFORMATION FOR DESIGN PROFESSIONALS AND CONTRACTORS RELATING TO THE INTERLOCKING CONCRETE PAVEMENT INDUSTRY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Mcgrath Executive Director | Officer | 40 | $251,178 |
David Smith Technical Director | 40 | $174,676 | |
Robert Bowers Director Of Engineering | 40 | $125,429 | |
Merry Beth Hall Director Of Education & Workforce Development | 40 | $120,819 | |
Steven Hawkins Director Of Marketing & Membership | 40 | $115,382 | |
Frank Gandora Board Member | Trustee | 1 | $2,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $193,090 |
| 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 | $193,090 |
| Total Program Service Revenue | $3,679,412 |
| Investment income | $34,785 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,087 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,906,200 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,933 |
| 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. | $357,504 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $944,201 |
| Pension plan accruals and contributions | $43,481 |
| Other employee benefits | $91,470 |
| Payroll taxes | $81,744 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,354 |
| Fees for services: Accounting | $106,066 |
| Fees for services: Lobbying | $24,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $230,307 |
| Advertising and promotion | $57,978 |
| Office expenses | $66,968 |
| Information technology | $75,763 |
| Royalties | $0 |
| Occupancy | $48,867 |
| Travel | $87,938 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,189,759 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,337 |
| Insurance | $26,963 |
| All other expenses | $0 |
| Total functional expenses | $3,516,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $715,544 |
| Savings and temporary cash investments | $1,339,514 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $112,854 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,752 |
| Prepaid expenses and deferred charges | $314,187 |
| Net Land, buildings, and equipment | $671,550 |
| Investments—publicly traded securities | $1,605,128 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $406,102 |
| Total assets | $5,176,631 |
| Accounts payable and accrued expenses | $113,437 |
| Grants payable | $0 |
| Deferred revenue | $1,901,873 |
| 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 | $252,142 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $387,149 |
| Total liabilities | $2,654,601 |
| Net assets without donor restrictions | $2,522,030 |
| 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 | $5,176,631 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Interlocking Concrete Pavement Inst Itute has recieved totaling $7,980.
| Awarding Organization | Amount |
|---|---|
Icpi Foundation For Education And Research Herndon, VA PURPOSE: Grant to fund the purchase of a Light Weight Deflectometer (LWD). | $7,980 |
Endowment Analysis
| Beg. Balance | $5,731,421 |
| Net Contributions | $288,385 |
| Other Expense | $161,272 |
| Ending Balance | $5,858,534 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amt-The Association For Manufacturing Technology Mclean, VA | $46,538,427 | $7,983,774 |
Personal Care Products Council Washington, DC | $26,566,920 | $19,071,135 |
American Hotel & Lodging Association Directory Corporation Washington, DC | $39,158,961 | $23,973,024 |
Nashville Convention & Visitors Bureau Nashville, TN | $15,667,602 | $21,623,147 |
Responsible Business Alliance Inc Alexandria, VA | $17,217,182 | $20,384,843 |
Asis International Inc Alexandria, VA | $27,323,586 | $13,144,142 |
National Institute For Automotive Service Exellence Leesburg, VA | $25,163,895 | $18,755,834 |
International Masonry Institute Bowie, MD | $25,662,049 | $19,254,775 |
Association For Financial Professionals Inc Bethesda, MD | $30,134,135 | $15,069,162 |
Portland Cement Association Alexandria, VA | $21,852,055 | $18,216,465 |
American College Of Radiology Association Reston, VA | $28,168,186 | $16,951,008 |
Plastics Industry Association Inc Washington, DC | $19,265,703 | $12,261,158 |