Steel Erectors Association Of America Inc
- Assets
- $328.6k
- Revenue
- $830.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Winston Salem, NC
- Founding
- 07/1996
- Data as of
- 06/2023
- EIN
- 58-2191700
Organization Overview
Steel Erectors Association Of America Inc is located in Winston Salem, NC. The organization was established in 1996. 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 06/2023, Steel Erectors Association Of America Inc employed 3 individuals. This organization is the central organization for a national or regional group of organizations. Steel Erectors Association Of America 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 06/2023, Steel Erectors Association Of America Inc generated $830.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $783.6k during the year ending 06/2023. While expenses have increased by 6.2% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE STEEL ERECTORS ASSOCIATION OF AMERICA (SEAA) IS DEDICATED TO ADVANCING THE COMMON INTERESTS AND NEEDS OF ALL ENGAGED IN BUILDING WITH STEEL. THE ASSOCIATION'S OBJECTIVES IN ACHIEVING THIS GOAL INCLUDE THE PROMOTION OF SAFETY, EDUCATION, AND TRAINING PROGRAMS FOR STEEL ERECTOR TRADES, DEVELOPMENT AND PROMOTION OF BEST PRACTICES AND STANDARDS, AND COOPERATION WITH OTHERS IN ACTIVITIES, WHICH IMPACT THE COMMERCIAL CONSTRUCTION BUSINESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANNUAL CONVENTION IS A TIME OWNERS, MANAGERS, AND FIELD PERSONNEL REPRESENTING STEEL ERECTORS, FABRICATIORS, AND GENERAL CONTRACTORS CAN GATHER WITH COLLEAGUES AND FIND SOLUTIONS TO SHARED CHALLENGES. THE CONVENTION HAS NETWORKING,EDUCATIONAL WORKSHOPS AND SESSIONS,AND INDUSTRY TRADE SHOW. IT IS OPEN TO MEMBERS AND NONMEMBERS.
OSHA RULEMAKING COMMITTEE BENEFITS THE MEMBERS BY PROMOTING TRADE SAFETY COMPLIANCE
THE STEEL ERECTORS ASSOCIATION OF AMERICA IS THE ONLY NATIONAL ASSOCIATION REPRESENTING THE INTEREST OF STEEL ERECTORS, FABRICATORS, AND RELATED SERVICE PROVIDERS. SEAA OFFERS AN IRONWORKER APPRENTICESHIP PROGRAM THAT IS APPROVED BY THE U.S. DEPARTMENT OF LABOR. THEY ARE DEDICATED TO ADVANCING THE COMMON INTERESTS AND NEEDS OF ALL THOSE ENGAGED IN BUILDING WITH STEEL.
SEAA HAS DEVELOPED SAFETY TRAINING PRODUCTS TO ASSIST ORGANIZATIONS WITH OSHA COMPLIANCE, WORKPLACE SAFETY, AND PROFESSIONAL/CRAFT-WORKER DEVELOPMENT IN ENGLISH AND SPANISH. PARTICIPATION IN THE PROGRAM MEANS A COMPANY CAN PROVIDE NATIONALLY RECOGNIZED INDUSTRY CREDENTIALS FOR IRONWORKERS, SETTING THE MEMEBERS APART FROM COMPETIITORS AS A QUALITY EMPLOYER, AND HELPING TO ATTRACT AND RETAIN THE BEST CRAFT PROFESSIONALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pete Gum Executive Di | Officer | 40 | $88,096 |
Richard Bostick Director | Trustee | $0 | |
Dave Brown Director | Trustee | $0 | |
Stephen Burkholder Director | Trustee | $0 | |
Marc Cox Director | Trustee | $0 | |
David Deem President | OfficerTrustee | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $801,226 |
| Investment income | $424 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $28,657 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $830,307 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $191,743 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,000 |
| Payroll taxes | $19,669 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,334 |
| Fees for services: Accounting | $10,107 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,664 |
| Information technology | $39,953 |
| Royalties | $0 |
| Occupancy | $4,628 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $51,777 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,241 |
| All other expenses | $72,805 |
| Total functional expenses | $783,572 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $550 |
| Savings and temporary cash investments | $326,887 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,186 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $328,623 |
| Accounts payable and accrued expenses | $0 |
| 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 | $23,623 |
| Total liabilities | $23,623 |
| Net assets without donor restrictions | $305,000 |
| 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 | $328,623 |