Colorado Ready Mixed Concrete Association
- Assets
- $402.9k
- Revenue
- $886.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Centennial, CO
- Founding
- 08/1977
- Data as of
- 12/2022
- EIN
- 84-0483910
Organization Overview
Colorado Ready Mixed Concrete Association is located in Centennial, CO. The organization was established in 1977. 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 12/2022, Colorado Ready Mixed Concrete Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Ready Mixed Concrete Association 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 12/2022, Colorado Ready Mixed Concrete Association generated $886.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $967.4k during the year ending 12/2022. While expenses have increased by 5.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES PROGRAMS THROUGHPUT THE YEAR FOR THE AMERICAN CONCRETE INSTITUTE TRAINING AND CERTIFICATION.
THE ORGANIZATION MAINTAINS A STRONG PRESENCE FOR THE INDUSTRY ON LEGISLATIVE MATTERS.
THE ORGANIZATION HOLDS CONFERENCE AND COMMITTEE MEETINGS TO EDUCATE AND PROMOTE THE READY MIXED CONCRETE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Ohlheiser Executive Dir. | OfficerTrustee | 40 | $178,632 |
Stephen Corn Treasurer | OfficerTrustee | 0.5 | $0 |
Tod Knudsen President | OfficerTrustee | 0.5 | $0 |
John Arrellano Trustee | Trustee | 0.5 | $0 |
Dale Brooks Trustee | Trustee | 0.5 | $0 |
Brad Fancher Vice President | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| 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 | $10,000 |
| Total Program Service Revenue | $876,287 |
| Investment income | $8 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $886,295 |
| 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. | $203,129 |
| Compensation of current officers, directors, key employees. | $40,626 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,058 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,748 |
| Payroll taxes | $28,643 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,515 |
| Fees for services: Accounting | $48,555 |
| Fees for services: Lobbying | $18,299 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,945 |
| Advertising and promotion | $1,757 |
| Office expenses | $24,181 |
| Information technology | $14,947 |
| Royalties | $0 |
| Occupancy | $13,651 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $178,435 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $531 |
| Insurance | $2,572 |
| All other expenses | $19,019 |
| Total functional expenses | $967,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,292 |
| Savings and temporary cash investments | $76,250 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $190,074 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $19,293 |
| Prepaid expenses and deferred charges | $34,018 |
| Net Land, buildings, and equipment | $1,992 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $402,919 |
| Accounts payable and accrued expenses | $179,698 |
| Grants payable | $0 |
| Deferred revenue | $14,815 |
| 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 | $83,785 |
| Total liabilities | $278,298 |
| Net assets without donor restrictions | $124,621 |
| 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 | $402,919 |