AISC HOLDINGS INC

EIN: 130432350

CHICAGO, IL

Total Revenue
$31,078,767
Total Expenses
$29,458,656
Total Assets
$42,523,790
Net Assets
$32,784,661
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1921
Legal Domicile
IL
Principal Officer
CHARLES J CARTER
Phone
3126702400
Tax Period
2023-01-01 to 2023-12-31

AISC HOLDINGS INC, founded in 1921, is a mid-sized nonprofit that reported $31.1M in total revenue in fiscal year 2023. Expenses of $29.5M left a modest 5% surplus.

Mission

MAKING STRUCTURAL STEEL THE MATERIAL OF CHOICE. THE AMERICAN INSTITUTE OF STEEL CONSTRUCTION (AISC), A NOT-FOR-PROFIT TECHNICAL INSTITUTE SUPPORTED BY THE STEEL INDUSTRY, PARTNERS WITH THE ARCHITECTURE, ENGINEERING, AND CONSTRUCTION (AEC) COMMUNITY TO DEVELOP SAFE AND EFFICIENT STEEL SPECIFICATIONS AND CODES WHILE DRIVING INNOVATION TO MAKE STEEL THE MOST SUSTAINABLE, ECONOMIC, AND RESILIENT STRUCTURAL MATERIAL. FOR MORE THAN A CENTURY, AISC HAS BEEN A RELIABLE RESOURCE FOR INFORMATION AND ADVICE ON THE DESIGN AND CONSTRUCTION OF DOMESTICALLY FABRICATED STRUCTURAL STEEL BUILDINGS AND BRIDGES.

Program Service Accomplishments

Program 1

QUALITY CERTIFICATION PROGRAMS CONFIRM TO THE CONSTRUCTION INDUSTRY THAT CERTIFIED STRUCTURAL STEEL FABRICATING PLANTS AND ERECTOR COMPANIES HAVE THE PERSONNEL, ORGANIZATION, EXPERIENCE, PROCEDURES...

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QUALITY CERTIFICATION PROGRAMS CONFIRM TO THE CONSTRUCTION INDUSTRY THAT CERTIFIED STRUCTURAL STEEL FABRICATING PLANTS AND ERECTOR COMPANIES HAVE THE PERSONNEL, ORGANIZATION, EXPERIENCE, PROCEDURES, KNOWLEDGE, EQUIPMENT, CAPABILITY AND COMMITMENT TO PRODUCE FABRICATED STEEL OF REQUIRED QUALITY FOR A GIVEN CATEGORY OF STRUCTURAL STEEL. 2,007 AUDITS WERE COMPLETED IN 2023.

Program 2

THE INSTITUTE PUBLISHES PUBLICATIONS THAT ARE ESSENTIAL REFERENCES FOR DRAFTSMEN, CONTRACTORS, ENGINEERS, DETAILERS, ARCHITECTS, BUILDING OFFICIALS AND FABRICATORS. SEVERAL OF THESE PUBLICATIONS ARE...

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THE INSTITUTE PUBLISHES PUBLICATIONS THAT ARE ESSENTIAL REFERENCES FOR DRAFTSMEN, CONTRACTORS, ENGINEERS, DETAILERS, ARCHITECTS, BUILDING OFFICIALS AND FABRICATORS. SEVERAL OF THESE PUBLICATIONS ARE THE PRIMARY TEXT USED IN COLLEGE LEVEL CIVIL ENGINEERING COURSES. IN 2023 19,147 UNITS WERE SOLD

Program 3

THE INSTITUTE SUPPORTS VARIOUS RESEARCH PROJECTS OF INTEREST TO THE STRUCTURAL STEEL INDUSTRY THROUGH GRANTS TO UNIVERSITIES AND OTHER NON-PROFIT ORGANIZATIONS. THE INSTITUTE ALSO ISSUES THE T.R...

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THE INSTITUTE SUPPORTS VARIOUS RESEARCH PROJECTS OF INTEREST TO THE STRUCTURAL STEEL INDUSTRY THROUGH GRANTS TO UNIVERSITIES AND OTHER NON-PROFIT ORGANIZATIONS. THE INSTITUTE ALSO ISSUES THE T.R. HIGGINS LECTURESHIP AWARD TO AN OUTSTANDING LECTURER AND AUTHOR WHOSE TECHNICAL PAPER OR PAPERS PUBLISHED DURING AN ELIGIBILITY PERIOD ARE CONSIDERED AN OUTSTANDING CONTRIBUTION TO THE ENGINEERING LITERATURE ON FABRICATED STRUCTURAL STEEL. THE WINNER WILL RECEIVE A CASH AWARD AND PRESENT HIS/HER LECTURE, UPON REQUEST, AT PROFESSIONAL ASSOCIATION EVENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $341,402
Program Service Revenue $28,751,596
Investment Income $380,060
Other Revenue $1,605,709
TOTAL REVENUE $31,078,767

Expense Breakdown

Grants Paid $2,843,798
Salaries & Benefits $12,165,778
Fundraising Expenses $0
Other Expenses $14,449,080
TOTAL EXPENSES $29,458,656

Year-over-Year Comparison

2023 2022 Change
Revenue $31,078,767 $28,832,643 +0.1%
Expenses $29,458,656 $26,476,538 +0.1%
Net Income $1,620,111 $2,356,105 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
87
Volunteers
600

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
6
$663,549
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BABETTE FREUND CHAIR 2.00
Officer Director
$0 $0 $0
KURT LANGSENKAMP VICE CHAIR 2.00
Officer Director
$0 $0 $0
DAN KADRMAS TREASURER 2.00
Officer Director
$0 $0 $0
GREG BORCHARDT MEMBER 2.00
Director
$0 $0 $0
GARY STEIN MEMBER 2.00
Director
$0 $0 $0
CHARLES J CARTER AUTHORIZED REP 40.00
Officer
$355,892 $72,558 $428,450
MICHAEL MOSPAN VP FINANCE & HUMAN RESOURCES 40.00
Officer
$178,362 $56,737 $235,099
EDWARD SEGLIAS SECRETARY 2.00
Officer
$0 $0 $0
SCOTT L MELNICK SENIOR VICE PRESIDENT 40.00
Highest
$248,014 $66,646 $314,660
MARK S TRIMBLE SENIOR VICE PRESIDENT 40.00
Highest
$232,244 $66,648 $298,892
CHRISTOPHER RAEBEL VP ENGINEERING & RESEARCH 40.00
Highest
$189,422 $65,241 $254,663
CARLY THERESE HURD VP OPERATIONAL ENGAGEMENT 40.00
Highest
$181,937 $63,041 $244,978
BRIAN A RAFF VICE PRESIDENT 40.00
Highest
$176,638 $49,633 $226,271
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 No data No data No data No data
2023 $31,078,767 $29,458,656 $42,523,790 $1,620,111
2022 $28,832,643 $26,476,538 $38,887,410 $2,356,105
2021 $25,378,611 $22,070,170 $39,650,514 $3,308,441
2020 $22,561,384 $22,766,148 $31,803,647 $-204,764
2019 $26,837,565 $30,478,334 $29,825,654 $-3,640,769
2018 $22,203,063 $26,404,503 $29,425,951 $-4,201,440
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