NATIONAL ELEVATORS INDUSTRY INC

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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

1934

Legal Domicile

Principal Officer

KEN SCHMID

Phone

7852867599

Tax Period

2024-01-01 to 2024-12-31

NATIONAL ELEVATORS INDUSTRY INC, founded in 1934, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $2.7M left a modest 4% surplus.

Mission

THE NATIONAL ELEVATOR INDUSTRY, INC. (NEII) ADVANCES SAFETY AND INNOVATION IN THE BUILDING TRANSPORTATION INDUSTRY THROUGHOUT NORTH AMERICA.

Program Service Accomplishments

Program 1

Expenses: $1,634,255 Revenue: $2,736,037

THE NATIONAL ELEVATOR INDUSTRY, INC, (NEII) IS A NATIONAL TRADE ASSOCIATION REPRESENTING THE INTEREST OF FIRMS THAT INSTALL, MAINTAIN AND/OR MANUFACTURE (INCLUDING PARTS OR COMPONENTS) ELEVATORS...

THE NATIONAL ELEVATOR INDUSTRY, INC, (NEII) IS A NATIONAL TRADE ASSOCIATION REPRESENTING THE INTEREST OF FIRMS THAT INSTALL, MAINTAIN AND/OR MANUFACTURE (INCLUDING PARTS OR COMPONENTS) ELEVATORS, ESCALATORS, MOVING WALKS, AND OTHER BUILDING TRANSPORTATION PRODUCTS. NEII'S PRIMARY FOCUS IS ADVOCATING FOR LAWS THAT PROMOTE SAFETY AND INNOVATION. NEII ALSO WORKS TO PROMOTE SAFETY BY PARTICIPATING IN THE DEVELOPMENT AND ADOPTION OF CODES AND STANDARDS. NEII STAFF AND MEMBERS PROVIDE EXPERTISE TO THE ASME A17 CODES AS WELL TO THE INTERNATIONAL CODE COUNCIL'S SUITE OF BUILDING CODES. NEII DRIVES WORKFORCE DEVELOPMENT THROUGH TARGETED RECRUITMENT AND RETENTION EFFORTS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,761,037

Program Service Revenue $0

Investment Income $22,386

Other Revenue $0

TOTAL REVENUE $2,783,423

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,451,129

Fundraising Expenses $0

Program Expenses $1,634,255

Other Expenses $1,228,035

TOTAL EXPENSES $2,679,164

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,783,423	$2,472,148	+0.1%
Expenses	$2,679,164	$2,553,871	+0.0%
Net Income	$104,259	$-81,723	-2.3%

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

Governance

Voting Members

Independent Members

Employees

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

$344,547

Total Directors

Key Employees

$406,399

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEN SCHMID	PRESIDENT	2.00	Officer Director	$0	$0	$0
JEREMY RAINWATER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
RAY BISSON	DIRECTOR	1.00	Director	$0	$0	$0
TRACY EMBREE	DIRECTOR	1.00	Director	$0	$0	$0
GARY KRUPP	DIRECTOR	1.00	Director	$0	$0	$0
RICH PARAVESSE	DIRECTOR	1.00	Director	$0	$0	$0
ERIK ZOMMERS	DIRECTOR	1.00	Director	$0	$0	$0
JARED RADABAUGH	TREASURER	2.00	Officer	$0	$0	$0
AMY BLANKENBILLER	EXECUTIVE DIRECTOR/SECRETA	40.00	Officer	$312,412	$32,135	$344,547
PHILLIP GRONE	VP OF GOVERNMENT AFFAIRS	40.00	Key Emp	$200,865	$20,884	$221,749
KEVIN BRINKMAN	VP OF CODES & SAFETY	40.00	Key Emp	$165,492	$19,158	$184,650
NICOLE VAN VELZEN	DIRECTOR OF COMMUNICATIONS	40.00	Highest	$108,977	$21,902	$130,879

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	$2,783,423	$2,679,164	$1,528,043	$104,259
2023	$2,472,148	$2,553,871	$1,417,670	$-81,723
2022	$2,254,770	$2,362,853	$1,440,677	$-108,083
2021	$2,225,866	$2,095,997	$1,571,287	$129,869
2020	$2,493,499	$2,313,902	$1,415,884	$179,597
2019	$2,481,382	$2,370,601	$1,361,062	$110,781
2018	$2,476,296	$2,465,428	$1,345,872	$10,868