SOUTHEASTERN INSULATION CONTRACTORS ASSOCIATION INC

EIN: 237080642 Community Improvement

HERNDON, VA

Total Revenue
$300,226
Total Expenses
$247,246
Total Assets
$464,121
Net Assets
$326,777
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
NC
Principal Officer
DAVID BICKLEY
Phone
7575368437
Tax Period
2023-10-01 to 2024-09-30

SOUTHEASTERN INSULATION CONTRACTORS ASSOCIATION INC, founded in 1949, is a small nonprofit in the Community Improvement sector that reported $300K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $53K, a strong 18% operating margin.

Mission

THE SOUTHEASTERN INSULATION CONTRACTORS ASSOCIATION (SEICA) IS AN ORGANIZATION INTERESTED IN PROMOTING BETTER RELATIONS BETWEEN PRIVATE OWNERS AND PUBLIC BODIES, THEIR ARCHITECTS, ENGINEERS, MECHANICAL CONTRACTORS, AND INSULATION CONTRACTORS. (CONTINUED ON SCH O)IT IS OUR GOAL TO KEEP MEMBERS INFORMED OF IMPORTANT INFORMATION RELATED TO THE INDUSTRY, AND TO HELP STRENGTHEN THE MECHANICAL INSULATION INDUSTRY.

Program Service Accomplishments

Program 1

SEICA HOLDS ANNUAL SPRING AND FALL MEETINGS WHERE WE PROVIDE VARIOUS EDUCATIONAL SESSIONS FROM NEW INDUSTRY PRODUCTS AND MARKETING YOUR COMPANY TO TODAY'S TECHNOLOGY. THE ASSOCIATION ADDRESSES...

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SEICA HOLDS ANNUAL SPRING AND FALL MEETINGS WHERE WE PROVIDE VARIOUS EDUCATIONAL SESSIONS FROM NEW INDUSTRY PRODUCTS AND MARKETING YOUR COMPANY TO TODAY'S TECHNOLOGY. THE ASSOCIATION ADDRESSES INDUSTRY AND LABOR ISSUES AS WELL AS PROVIDING NEW PRODUCTS TECHNOLOGY FOR ADVANCE PROFESSIONAL GROWTH AND KNOWLEDGE, WHICH ARE IMPORTANT TO BUSINESS AND CUSTOMERS.

Program 2

DUES

Program 3

ADVERTISING

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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 $1,100
Program Service Revenue $245,940
Investment Income $11,211
Other Revenue $41,975
TOTAL REVENUE $300,226

Expense Breakdown

Grants Paid $7,000
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $240,246
TOTAL EXPENSES $247,246

Year-over-Year Comparison

2023 2022 Change
Revenue $300,226 $440,880 -0.3%
Expenses $247,246 $263,354 -0.1%
Net Income $52,980 $177,526 -0.7%
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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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
13

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
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID BICKLEY PRESIDENT 1.00
Officer Director
$0 $0 $0
BRANDON DAMBACH VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
KATIE BURELL PAST PRESIDENT 1.00
Director
$0 $0 $0
BRIAN MIZELL SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
JIMMY ENNIS DIRECTOR 1.00
Director
$0 $0 $0
JONATHAN GRAHAM DIRECTOR 1.00
Director
$0 $0 $0
JOE MACEACHERN DIRECTOR 1.00
Director
$0 $0 $0
DREW OWENS DIRECTOR 1.00
Director
$0 $0 $0
JUAN ROMERO DIRECTOR 1.00
Director
$0 $0 $0
PETE SINGLETARY DIRECTOR 1.00
Director
$0 $0 $0
GREG BUCY ASSOCIATE DIRECTOR 1.00
Director
$0 $0 $0
JOHN HOWERDD ASSOCIATE DIRECTOR 1.00
Director
$0 $0 $0
ERIN PENBERTHY EXECUTIVE DIRECTOR 6.00
Officer
$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 $300,226 $247,246 $464,121 $52,980
2023 $440,880 $263,354 $369,287 $177,526
2022 $219,369 $229,665 $102,701 $-10,296
2021 $166,882 $160,851 $110,620 $6,031
2020 $94,395 $119,513 $110,633 $-25,118
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