Western Wood Products Association
- Assets
- $2.6m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 18
- Location
- Lake Oswego, OR
- Founding
- 02/1935
- Data as of
- 12/2022
- EIN
- 93-0309890
Organization Overview
Western Wood Products Association is located in Lake Oswego, OR. The organization was established in 1935. 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 12/2022, Western Wood Products Association employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Wood Products 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, Western Wood Products Association generated $3.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $3.5m during the year ending 12/2022. While expenses have increased by 0.3% per year over the past 4 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
LUMBER TRADE ASSOCIATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
QUALITY ASSURANCE - SUPPORTS MEMBER COMPANIES BY PROVIDING THIRD-PARTY AUDITING OF MEMBERS' LUMBER QUALITY AND MANUFACTURING PROCESSES. VALUE-ADDED ACTIVITIES INCLUDE GRADER TRAINING, GRADER CERTIFICATION, QUALITY CONTROL FOR MACHINE STRESS-RATED LUMBER AND GLUED PRODUCTS, AND WRITING AND PUBLISHING GRADING RULES.
TECHNICAL SUPPORT - SUPPORTS WESTERN LUMBER IN THE MARKETPLACE WITH TECHNICAL INFORMATION AND DESIGN AIDS MADE AVAILABLE TO ARCHITECTS, ENGINEERS, AND BUILDING CODE OFFICIALS. THE ASSOCIATION ALSO WORKS WITH OTHER ORGANIZATIONS TO ENHANCE SOFTWOOD LUMBER'S PLACE IN CONSTRUCTION MARKETS. VALUE-ADDED ACTIVITIES INCLUDE KILN CERTIFICATION, REVIEWING LUMBER DESIGN VALUES, AND COLLABORATION WITH MEMBERS IN THE DEVELOPMENT OF NEW PRODUCTS.
MARKET SERVICES - PRODUCES AND DISTRIBUTES INDUSTRY REPORTS, INCLUDING INVOICE-BASED BENCHMARKING REPORTS FOR MEMBERS. MAINTAINS A LIBRARY OF LITERATURE ON THE INTERNET ON HOW TO SPECIFY AND USE MEMBER LUMBER PRODUCTS. VALUE-ADDED SERVICES INCLUDE PROVIDING SALES LEADS TO MEMBERS AND CONDUCTING MARKET RESEARCH. WEB CONTENT AND MAINTENANCE ALSO ARE SUPPORTED BY MARKET SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Payne Chairman | OfficerTrustee | 1 | $0 |
Mike Engel First Vice Chairman | OfficerTrustee | 1 | $0 |
Ian Fillinger Second Vice Chairman Elect | OfficerTrustee | 1 | $0 |
Chuck Roady Immediate Past Chairman | OfficerTrustee | 1 | $0 |
Christopher Anderson Member | Trustee | 1 | $0 |
Sherm Anderson Member | Trustee | 1 | $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 | $3,599,854 |
| Investment income | $248 |
| 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 | $3,622,210 |
| 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. | $226,782 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,413,018 |
| Pension plan accruals and contributions | $56,175 |
| Other employee benefits | $347,173 |
| Payroll taxes | $140,215 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,977 |
| Fees for services: Accounting | $79,984 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,331 |
| Advertising and promotion | $0 |
| Office expenses | $116,435 |
| Information technology | $39,638 |
| Royalties | $0 |
| Occupancy | $154,070 |
| Travel | $369,735 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35,409 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,644 |
| Insurance | $39,069 |
| All other expenses | $14,685 |
| Total functional expenses | $3,468,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $602,480 |
| Savings and temporary cash investments | $949,931 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $115,517 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,200 |
| Prepaid expenses and deferred charges | $135,610 |
| Net Land, buildings, and equipment | $66,304 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $681,066 |
| Total assets | $2,553,108 |
| Accounts payable and accrued expenses | $198,503 |
| Grants payable | $0 |
| Deferred revenue | $15,059 |
| 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 | $739,829 |
| Total liabilities | $953,391 |
| Net assets without donor restrictions | $1,599,717 |
| 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 | $2,553,108 |