SLAG CEMENT ASSOCIATION

EIN: 364414498 Community Improvement

Farmington Hills, MI

Total Revenue
$289,770
Total Expenses
$284,016
Total Assets
$320,446
Net Assets
$320,055
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
IL
Principal Officer
Jan Prusinski
Phone
2488483778
Tax Period
2024-01-01 to 2024-12-31

SLAG CEMENT ASSOCIATION, founded in 2001, is a small nonprofit in the Community Improvement sector that reported $290K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

To serve as the leading source of knowledge for slag cement and slag blended cements through continuous research, promotion and education. To communicate the performance and environmental benefits of these cementitious materials in the United States through the support and participation of member companies.

Program Service Accomplishments

Program 1

Promotion/Website/Publications/Presentations - Disseminated industry information on the use of slag cement through association website, social media channels, in-person presentations and industry...

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Promotion/Website/Publications/Presentations - Disseminated industry information on the use of slag cement through association website, social media channels, in-person presentations and industry educational sessions in order to communicate the performance and environmental benefits of these cementitious materials through the support and participation of member companies.

Program 2

Codes and Standards/Technical Support - Participated in ACI, ASTM and AASHTO codes and standards activities to improve specifications for slag cement, slag blended cement and concrete. Responded to...

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Codes and Standards/Technical Support - Participated in ACI, ASTM and AASHTO codes and standards activities to improve specifications for slag cement, slag blended cement and concrete. Responded to member and non-member requests for technical information on use of slag cement in concrete.

Program 3

Industry Partnerships - Participated with concrete industry organizations in various cooperative efforts to advance concrete construction and technology.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $289,770
Investment Income $0
Other Revenue $0
TOTAL REVENUE $289,770

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $284,016
TOTAL EXPENSES $284,016

Year-over-Year Comparison

2024 2023 Change
Revenue $289,770 $267,680 +0.1%
Expenses $284,016 $255,791 +0.1%
Net Income $5,754 $11,889 -0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
48

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
$455
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Donna Halstead Director of Finance 0.10
Officer
$455 $0 $455
Ed Griffith Director 1
Director
$0 $0 $0
Mark Hollett Director 1
Director
$0 $0 $0
Jason Murtha Director 1
Director
$0 $0 $0
William Goodloe Director 1
Director
$0 $0 $0
David Sobczak Director 1
Director
$0 $0 $0
Katie Nelson Director 1
Director
$0 $0 $0
Pete Lucarelli Director 1
Director
$0 $0 $0
Kevin Foody Director 1
Director
$0 $0 $0
Robert Sparacino Director 1
Director
$0 $0 $0
Kelly Ican Director 1
Director
$0 $0 $0
Herbert Moeckel Vice President 1
Officer
$0 $0 $0
Brian Borowski Treasurer 1
Officer
$0 $0 $0
Jan Prusinski President 1
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 $289,770 $284,016 $320,446 $5,754
2023 $267,680 $255,791 $314,730 $11,889
2022 $281,083 $241,529 $307,511 $39,554
2021 $262,790 $238,105 $265,147 $24,685
2020 $253,200 $202,690 $242,427 $50,510
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