STRUCTURAL BUILDING COMPONENTS ASS… - Form 990 Financial Data

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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

1983

Legal Domicile

Principal Officer

JESS LOHSE

Phone

6082744849

Tax Period

2024-01-01 to 2024-12-31

STRUCTURAL BUILDING COMPONENTS ASSOCIATION, founded in 1983, is a community nonprofit that reported $7.1M in total revenue in fiscal year 2024. The organization ran a surplus of $2.3M, a strong 32% operating margin.

Mission

SBCA MEMBERS WILL GAIN THE KNOWLEDGE AND POWER TO RUN SUCCESSFUL, GROWING, PROFITABLE COMPANIES OFFERING A COMPELLING COMPETITIVE ADVANTAGE IN THE MARKETPLACE FOR THEIR CUSTOMERS AND PROFESSIONAL GROWTH FOR EMPLOYEES.

Program Service Accomplishments

Program 1

PUBLICATIONS: BUILDING COMPONENT SAFETY INFORMATION (BCSI) - PRODUCED BY SBCA, BCSI IS THE TRUSS INDUSTRY'S GUIDE FOR JOBSITE SAFETY AND TRUSS PERFORMANCE. THIS EDITION INCLUDES THE MOST CURRENT...

PUBLICATIONS: BUILDING COMPONENT SAFETY INFORMATION (BCSI) - PRODUCED BY SBCA, BCSI IS THE TRUSS INDUSTRY'S GUIDE FOR JOBSITE SAFETY AND TRUSS PERFORMANCE. THIS EDITION INCLUDES THE MOST CURRENT INFORMATION REGARDING THE HANDLING, INSTALLATION, RESTRAINING AND BRACING OF COMPONENTS. SUMMARY SHEETS OF EACH CHAPTER ARE ALSO AVAILABLE. JOBSITE PACKAGES - SBCA'S JOBSITE PACKAGES ALLOW COMPONENT MANUFACTURERS TO PROVIDE THEIR CUSTOMERS WITH BEST PRACTICE INFORMATION REGARDING HANDLING AND INSTALLING COMPONENTS WITH EVERY JOBSITE DELIVERY. THIS ECONOMICAL, PRE-ASSEMBLED PACKAGE CONSISTS OF KEY SBCA/TPI PRODUCTS IN A ZIPPERED PLASTIC BAG. ADDITIONAL PUBLICATIONS - SBCA'S ONLINE STORE ALSO FEATURES SRR DOCUMENTS, POSTERS, TRUSS TAGS AND ADDITIONAL RESOURCES.

Program 2

TRUSS KNOWLEDGE ON-LINE (TKO) IS A COLLECTIONS OF COMPONENT INDUSTRY BEST PRACTICES PRODUCED BY SBCA. THESE BEST PRACTICES INCLUDE EDUCATIONAL PROGRAMS FOR EMPLOYEES OF MEMBER COMPANIES THAT ARE...

TRUSS KNOWLEDGE ON-LINE (TKO) IS A COLLECTIONS OF COMPONENT INDUSTRY BEST PRACTICES PRODUCED BY SBCA. THESE BEST PRACTICES INCLUDE EDUCATIONAL PROGRAMS FOR EMPLOYEES OF MEMBER COMPANIES THAT ARE SPECIFIC TO OCCUPATIONS FOUND INSIDE THE COMPONENT INDUSTRY. THEY ARE TYPICALLY DELIVERED VIA ELECTRONIC MEANS WHICH ALLOWS FOR MEMBERS FROM ACROSS THE COUNTRY TO PARTICIPATE VIA THE INTERNET. ADDITIONALLY, TKO INCLUDES A QUALITY CONTROL AGGREGATOR THAT ALLOWS MEMBER COMPANIES THE ABILITY TO CONSOLIDATE INDIVIDUAL QUALITY CONTROL INSPECTIONS TO UNDERSTAND TRENDS AND PERFORMANCE OVER A GIVEN PERIOD OF TIME. SCORE IS AN OPPORTUNITY FOR MEMBER COMPANIES TO BUNDLE A NUMBER OF SERVICES TO SIGNAL THEIR COMMITMENT TO INDUSTRY BEST PRACTICES.

Program 3

SBCRI PROVIDES QUALITY ASSURANCE AUDITS AND OUR STAFF IS ACCREDITED TO AUDIT THE QUALITY ASSURANCE OF WOOD TRUSSES, STEEL TRUSSES, WOOD WALL PANELS AND STEEL WALL PANELS. WE HAVE MAINTAINED ISO /...

SBCRI PROVIDES QUALITY ASSURANCE AUDITS AND OUR STAFF IS ACCREDITED TO AUDIT THE QUALITY ASSURANCE OF WOOD TRUSSES, STEEL TRUSSES, WOOD WALL PANELS AND STEEL WALL PANELS. WE HAVE MAINTAINED ISO / IEC17020 (THIRD PARTY INSPECTION) ACCREDITATION SINCE 2019 AND ARE AUDITED ON AN ANNUAL BASIS BY THE ANSI - ASQ NATIONAL ACCREDITATION BOARD (ANAB) WHICH IS AN INTERNATIONAL ACCREDITATION BODY BASED IN WASHINGTON DC.

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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 $0

Program Service Revenue $4,578,478

Investment Income $587,187

Other Revenue $1,909,911

TOTAL REVENUE $7,075,576

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,758,411

Fundraising Expenses $0

Other Expenses $3,022,311

TOTAL EXPENSES $4,780,722

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,075,576	$6,650,756	+0.1%
Expenses	$4,780,722	$3,652,673	+0.3%
Net Income	$2,294,854	$2,998,083	-0.2%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$516,175

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GENE FROGALE	PAST PRESIDENT - IMMEDIATE	1.00	Officer Director	$0	$0	$0
JEFF TAAKE	PRESIDENT	1.00	Officer Director	$0	$0	$0
LARRY G DIX II	PRESIDENT-ELECT/TREASURER	1.00	Officer Director	$0	$0	$0
ROGER HELGESON	EXECUTIVE COMMITTEE REP	1.00	Director	$0	$0	$0
BJ LOUWS	SECRETARY	1.00	Officer Director	$0	$0	$0
KENT J PAGEL	LEGAL COUNSEL	1.00	Director	$0	$0	$0
MIKE CALLAHAN	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT WARD	DIRECTOR	1.00	Director	$0	$0	$0
GREG DAHLSTORM	DIRECTOR	1.00	Director	$0	$0	$0
HOWARD E GAUGER	DIRECTOR	1.00	Director	$0	$0	$0
GREG GRIGGS	EXECUTIVE COMMITTEE REP	1.00	Director	$0	$0	$0
JOSEPH A HALTEMAN	DIRECTOR	1.00	Director	$0	$0	$0
JOSH HENDRICKSON	DIRECTOR	1.00	Director	$0	$0	$0
JASON HIKEL	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH D HIKEL	DIRECTOR	1.00	Director	$0	$0	$0
PAUL G JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
KEN KUCERA	DIRECTOR	1.00	Director	$0	$0	$0
TOM KUROWSKI	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID J MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
SHAWN OVERHOLTZER	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD P PARRINO	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN RICHARDSON	DIRECTOR	1.00	Director	$0	$0	$0
JERRY VULGARIS	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER TATGE	DIRECTOR	1.00	Director	$0	$0	$0
JAVAN L YODER	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL HOOPS	DIRECTOR	1.00	Director	$0	$0	$0
TOM VALVO	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER GUSTAFSON	DIRECTOR OF FINANCE	35.00	Officer	$102,058	$25,674	$127,732
JESS LOHSE	EXECUTIVE DIRECTOR	35.00	Officer	$345,408	$43,035	$388,443
MOLLY BUTZ	MANAGING DIRECTOR	40.00	Highest	$138,870	$22,047	$160,917
JOHN ARNE	GM INSPECTION SERVICES	40.00	Highest	$120,832	$4,765	$125,597
SEAN SHIELDS	DIRECTOR OF MARKETING	40.00	Highest	$115,012	$4,612	$119,624
GREG GREENLEE	TECHNICAL DIRECTOR	40.00	Highest	$158,496	$2,758	$161,254

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	$7,075,576	$4,780,722	$15,342,841	$2,294,854
2023	$6,650,756	$3,652,673	$12,452,243	$2,998,083
2022	$5,910,076	$3,355,591	$9,370,736	$2,554,485
2021	$5,223,891	$2,853,035	$5,851,412	$2,370,856
2020	$3,770,340	$3,739,075	$3,886,610	$31,265
2019	$4,998,559	$4,406,882	$3,393,549	$591,677

STRUCTURAL BUILDING COMPONENTS ASSOCIATION