PLUMBING-HEATING-COOLING CONTRACTORS OF IOWA

EIN: 421406679

WEST DES MOINES, IA

Total Revenue
$705,998
Total Expenses
$605,311
Total Assets
$1,279,876
Net Assets
$785,642
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
IA
Principal Officer
COREY ACKERMAN
Phone
5152828192
Tax Period
2023-01-01 to 2023-12-31

PLUMBING-HEATING-COOLING CONTRACTORS OF IOWA, founded in 1993, is a small nonprofit that reported $706K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $605K left a modest 14% surplus.

Mission

THE ORGANIZATION IS DEDICATED TO THE PROMOTION, ADVANCEMENT, EDUCATION, AND TRAINING OF THE INDUSTRY, FOR THE PROTECTION OF OUR ENVIRONMENT AND THE HEALTH, SAFETY, AND COMFORT OF SOCIETY.

Program Service Accomplishments

Program 1

CONTINUING EDUCATION - WITH THE STATE LICENSE REQUIREMENT THAT PLUMBERS AND MECHANICAL CONTRACTORS OBTAIN CONTINUING EDUCATION (CE) HOURS DURING THE THREE-YEAR LICENSING CYCLE, WE HAVE EXPANDED OUR...

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CONTINUING EDUCATION - WITH THE STATE LICENSE REQUIREMENT THAT PLUMBERS AND MECHANICAL CONTRACTORS OBTAIN CONTINUING EDUCATION (CE) HOURS DURING THE THREE-YEAR LICENSING CYCLE, WE HAVE EXPANDED OUR CONTINUING EDUCATION OFFERINGS. CLASSES ARE OFFERED TO BOTH MEMBERS AS WELL AS NON-MEMBERS. PHCC'S CONTINUING EDUCATION SESSIONS FULFILL THE NEEDS OF LICENSEES BY OFFERING STATE-APPROVED CE SESSIONS. WE OFFER MULTIPLE TRACKS FOR ATTENDEES TO CHOOSE FROM TO FULFILL THEIR INDIVIDUAL LICENSING NEEDS AND WE OFFER MULTIPLE SESSIONS IN VARIOUS CITIES ACROSS THE STATE. AS WE BEGIN DEVELOPING NEW COURSE OPPORTUNITIES, WE ANTICIPATE CONTINUED SUPPORT AND ATTENDANCE.

Program 2

MEMBERSHIP - THE PLUMBING-HEATING-COOLING CONTRACTORS OF IOWA ASSOCIATION IS A PROFESSIONAL TRADE ASSOCIATION FORMED IN 1993 TO SERVE THE NEEDS OF PLUMBING, HEATING AND COOLING PROFESSIONALS IN THE...

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MEMBERSHIP - THE PLUMBING-HEATING-COOLING CONTRACTORS OF IOWA ASSOCIATION IS A PROFESSIONAL TRADE ASSOCIATION FORMED IN 1993 TO SERVE THE NEEDS OF PLUMBING, HEATING AND COOLING PROFESSIONALS IN THE STATE OF IOWA. MEMBERSHIP IS OPEN TO CONTRACTORS AND TO ANYONE WHO IS CLOSELY ALLIED WITH THE PLUMBING-HEATING-COOLING INDUSTRY. PHCC IS DEDICATED TO THE PROMOTION, ADVANCEMENT, EDUCATION AND TRAINING OF THE INDUSTRY, FOR THE PROTECTION OF OUR ENVIRONMENT AND THE HEALTH, SAFETY, AND COMFORT OF SOCIETY. PHCC STAYS IN TOUCH WITH MEMBERS THROUGH NEWSLETTERS, EMAILS, AND OTHER MAILINGS TO KEEP THEM UPDATED ON THE LATEST INDUSTRY AND LEGISLATIVE INFORMATION. PHCC MEMBERSHIP IS A COMPANY MEMBERSHIP AS OPPOSED TO AN INDIVIDUAL MEMBERSHIP.

Program 3

CONFERENCES/MEETINGS - PHCC'S ANNUAL CONFERENCE IS GEARED TOWARD NETWORKING, BEST PRACTICES FOR MAINTAINING A SUCCESSFUL BUSINESS, AND KEEPING CONTRACTORS UP TO DATE WITH INDUSTRY TRENDS AND...

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CONFERENCES/MEETINGS - PHCC'S ANNUAL CONFERENCE IS GEARED TOWARD NETWORKING, BEST PRACTICES FOR MAINTAINING A SUCCESSFUL BUSINESS, AND KEEPING CONTRACTORS UP TO DATE WITH INDUSTRY TRENDS AND TECHNOLOGY. EACH YEAR'S CONFERENCE BRINGS AN EXCITING LINE UP OF SPEAKERS WITH RELEVANT TOPICS THAT RELATE TO THE CURRENT STATE OF THE INDUSTRY. THE ANNUAL CONFERENCE IS A GOOD OPPORTUNITY FOR CONTRACTORS TO BUILD RELATIONSHIPS AND SHARE KNOWLEDGE ABOUT THEIR FIELD.

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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 $91,550
Program Service Revenue $567,202
Investment Income $20,705
Other Revenue $26,541
TOTAL REVENUE $705,998

Expense Breakdown

Grants Paid $3,500
Salaries & Benefits $87,820
Fundraising Expenses $0
Other Expenses $513,991
TOTAL EXPENSES $605,311

Year-over-Year Comparison

2023 2022 Change
Revenue $705,998 $549,034 +0.3%
Expenses $605,311 $500,171 +0.2%
Net Income $100,687 $48,863 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
8
Employees
6
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
6
$16,400
Total Directors
9
$16,400
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN MILLARD VICE PRESIDE 2.00
Officer Director
$16,400 $0 $16,400
BEN PETERSEN DIRECTOR 1.00
Director
$0 $0 $0
JEFF REICHART DIRECTOR 1.00
Director
$0 $0 $0
TYLER GJERE DIRECTOR 1.00
Director
$0 $0 $0
TIM TROYNA DIRECTOR 1.00
Director
$0 $0 $0
BRYAN DEJONG DIRECTOR 1.00
Director
$0 $0 $0
COREY ACKERMAN PRESIDENT 2.00
Officer Director
$0 $0 $0
JEFF BERNDT SECRETARY/TR 2.00
Officer Director
$0 $0 $0
MICHAEL EVEN PAST PRESIDE 1.00
Officer Director
$0 $0 $0
RANDI MALONE LEFT OCT 2023 EXECUTIVE DI 12.50
Officer
$0 $0 $0
JEANA SCHULTZ EXECUTIVE DI 1.00
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 No data No data No data No data
2023 $705,998 $605,311 $1,279,876 $100,687
2022 $549,034 $500,171 $1,092,813 $48,863
2021 $444,712 $445,514 $1,034,565 $-802
2020 $478,794 $459,378 $991,580 $19,416
2019 $546,659 $539,072 $957,704 $7,587
2018 $449,131 $446,029 $997,838 $3,102
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