PENNSYLVANIA ASPHALT PAVEMENT ASSOC

EIN: 231549195

HARRISBURG, PA

Total Revenue
$1,112,423
Total Expenses
$949,231
Total Assets
$1,134,248
Net Assets
$958,206
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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
1932
Legal Domicile
PA
Principal Officer
CHARLES C GOODHART
Phone
7176571881
Tax Period
2023-01-01 to 2023-12-31

PENNSYLVANIA ASPHALT PAVEMENT ASSOC, founded in 1932, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $949K left a modest 15% surplus.

Mission

THE PURPOSE OF THE ASSOCIATION IS TO PROVIDE AN INSTRUMENT, THROUGH WHICH THE MEMBERS OF THE ASPHALT INDUSTRY MAY COOR- DINATE THEIR EFFORTS IN THE HANDLING OF MATTERS OF COMMON CONCERN; TO ESTABLISH AND MAINTAIN HIGH STANDARDS OF BUSI- NESS PRACTICES, CUSTOMS AND USAGE AMONG ITS MEMBERS; TO REPRESENT AND ACT FOR ITS MEMBERS BEFORE ALL DIVISIONS OF GOVERNMENT AND BEFORE THOSE ORGANIZATIONS WHOSE WORK AFFECTS ITS MEMBERS, AND IN GENERAL PERFORM SUCH ACTS AND SERVICE FOR ITS MEMBERS WHERE GROUP RATHER THAN INDIVIDUAL ACTION IS A MORE EFFECTIVE METHOD OF PROCEDURE.

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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 $0
Program Service Revenue $1,101,473
Investment Income $10,950
Other Revenue $0
TOTAL REVENUE $1,112,423

Expense Breakdown

Grants Paid $0
Salaries & Benefits $528,192
Fundraising Expenses $0
Program Expenses $800,702
Other Expenses $421,039
TOTAL EXPENSES $949,231

Year-over-Year Comparison

2023 2022 Change
Revenue $1,112,423 $852,344 +0.3%
Expenses $949,231 $878,723 +0.1%
Net Income $163,192 $-26,379 -7.2%
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
21
Independent Members
18
Employees
5
Volunteers
25

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
4
$177,754
Total Directors
21
$177,754
Key Employees
1
$207,422
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN R KIBBLEHOUSE JR PRESIDENT 2.00
Officer Director
$0 $0 $0
DAN GANOE VICE PRESIDE 2.00
Officer Director
$0 $0 $0
PAUL DETWILER III TREASURER 2.00
Officer Director
$0 $0 $0
CHARLES C GOODHART SECRETARY/EX 40.00
Officer Director
$155,000 $22,754 $177,754
C DOUGLAS BROWN DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINA EDGERTON DIRECTOR 1.00
Director
$0 $0 $0
JEFFREY FRANTZ DIRECTOR 1.00
Director
$0 $0 $0
DAVID GARRETT DIRECTOR 1.00
Director
$0 $0 $0
SCOTT GRANNAS IMMEDIATE PA 1.00
Director
$0 $0 $0
CURTIS HALL DIRECTOR 1.00
Director
$0 $0 $0
DANIEL R HAWBAKER EX-OFFICIO 1.00
Director
$0 $0 $0
MICHAEL HAWBAKER EX-OFFICIO 1.00
Director
$0 $0 $0
MARK E KENDRICK EX-OFFICIO 1.00
Director
$0 $0 $0
JEFFREY C LAMB DIRECTOR 1.00
Director
$0 $0 $0
OWEN J MCCORMICK DIRECTOR 1.00
Director
$0 $0 $0
BROCK MYERS EX-OFFICIO 1.00
Director
$0 $0 $0
DONALD C OVERDORFF DIRECTOR 1.00
Director
$0 $0 $0
BRAD REGNER DIRECTOR 1.00
Director
$0 $0 $0
MARY ROBBINS DIRECTOR OF N/A
Key Emp
$150,968 $56,454 $207,422
BOB SEDON DIRECTOR 1.00
Director
$0 $0 $0
ROBERT STEWART DIRECTOR 1.00
Director
$0 $0 $0
VINCENT TUTINO EX-OFFICIO 1.00
Director
$0 $0 $0
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 $1,112,423 $949,231 $1,134,248 $163,192
2022 $852,344 $878,723 $917,092 $-26,379
2021 $666,805 $577,022 $1,072,232 $89,783
2020 $783,681 $697,382 $775,060 $86,299
2019 $762,511 $719,144 $758,225 $43,367
2018 $748,898 $687,322 $658,211 $61,576
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