WOOD PRODUCTS MANUFACTURERS ASSOC

EIN: 041985387

Westminster, MA

Total Revenue
$473,442
Total Expenses
$387,370
Total Assets
$788,567
Net Assets
$718,691
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
MA
Principal Officer
Michelle Arsenault
Phone
9788745445
Tax Period
2024-01-01 to 2024-12-31

WOOD PRODUCTS MANUFACTURERS ASSOC, founded in 1967, is a small nonprofit that reported $473K in total revenue in fiscal year 2024. The organization ran a surplus of $86K, a strong 18% operating margin.

Mission

WOOD PRODUCTS TRADE ASSOCIATION

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $198,693
Program Service Revenue $235,115
Investment Income $39,634
Other Revenue $0
TOTAL REVENUE $473,442

Expense Breakdown

Grants Paid $0
Salaries & Benefits $186,056
Fundraising Expenses $0
Program Expenses $352,940
Other Expenses $201,314
TOTAL EXPENSES $387,370

Year-over-Year Comparison

2024 2023 Change
Revenue $473,442 $445,021 +0.1%
Expenses $387,370 $396,696 0.0%
Net Income $86,072 $48,325 +0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
196
Independent Members
196
Employees
3
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$125,802
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE ARSENAULT EXECUTIVE DIRECTOR 40
Officer
$125,802 $0 $125,802
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $473,442 $387,370 $788,567 $86,072
2023 $445,021 $396,696 $674,902 $48,325
2022 $375,685 $437,981 $603,370 $-62,296
2021 $510,816 $430,380 $754,065 $80,436
2020 $410,275 $445,976 $753,565 $-35,701
2019 $460,925 $510,938 $776,080 $-50,013
2018 $472,560 $462,170 $764,883 $10,390
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