AMERICAN COMPOSITES MANUFACTURERS ASSOCIATION

EIN: 521144059

ARLINGTON, VA

Total Revenue
$6,179,485
Total Expenses
$6,232,930
Total Assets
$5,222,029
Net Assets
$2,907,258
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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
DC
Principal Officer
CINDY SQUIRES
Phone
7035250511
Tax Period
2024-07-01 to 2025-06-30

AMERICAN COMPOSITES MANUFACTURERS ASSOCIATION, founded in 1979, is a community nonprofit that reported $6.2M in total revenue in fiscal year 2024.

Mission

THE AMERICAN COMPOSITES MANUFACTURES ASSOCIATION IS A TRADE ASSOCIATION THAT ENABLES THE DELIVERY OF LEADING COMPOSITE MATERIAL SOLUTIONS FOR THE GROWTH OF ALL INDUSTRY SEGMENTS THROUGH: EXPERT ADVOCACY AND STRATEGIC COMMUNICATIONS; INSIGHT, EDUCATION, NETWORKING, AND WORKFORCE DEVELOPMENT; AND TECHNICAL EXPERTISE AND STANDARDS DEVELOPMENT.

Program Service Accomplishments

Program 1

MAGAZINE, NEWSLETTERS, AND ONLINE INFORMATION: THE ASSOCIATION IS THE MAJOR SOURCE FOR INFORMATION ON THE COMPOSITES INDUSTRY. IT PUBLISHES A MAGAZINE, MULTIPLE NEWSLETTERS, AND ONLINE INFORMATION TO...

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MAGAZINE, NEWSLETTERS, AND ONLINE INFORMATION: THE ASSOCIATION IS THE MAJOR SOURCE FOR INFORMATION ON THE COMPOSITES INDUSTRY. IT PUBLISHES A MAGAZINE, MULTIPLE NEWSLETTERS, AND ONLINE INFORMATION TO INFORM ITS MEMBERS, THE REST OF THE INDUSTRY, AND THOSE SPECIFYING OR BUYING COMPOSITE MATERIALS ON THE LATEST INNOVATIONS IN COMPOSITES.

Program 2

CONFERENCES AND WEBINARS: THE ASSOCIATION HOSTS CONFERENCES AND WEBINARS TO PROVIDE SEGMENTS OF THE INDUSTRY DEEPER INSIGHTS INTO NEW MARKETS OR MANUFACTURING PROCESSES TO HELP PARTICIPANTS IMPROVE...

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CONFERENCES AND WEBINARS: THE ASSOCIATION HOSTS CONFERENCES AND WEBINARS TO PROVIDE SEGMENTS OF THE INDUSTRY DEEPER INSIGHTS INTO NEW MARKETS OR MANUFACTURING PROCESSES TO HELP PARTICIPANTS IMPROVE THEIR PRODUCTS AND BE MORE SUCCESSFUL IN TAKING THEM TO THE MARKET. ACMA HOLDS AN ANNUAL EXHIBITION, COMPOSITE AND ADVANCE MATERIALS EXPO (CAMX) WITH ANOTHER NONPROFIT ORGANIZATION, SOCIETY FOR THE ADVANCEMENT OF MATERIAL AND PROCESS ENGINEERING (INTERNATIONAL) (SAMPE).

Program 3

COMPOSITE GROWTH INITIATIVE: THE ASSOCIATION'S COMPOSITE GROWTH INITIATIVE (CGI) EXISTS TO PROMOTE AND EXPAND THE USE AND UNDERSTANDING OF COMPOSITE MATERIALS. THE ASSOCIATION IS A SUPPORTING MEMBER...

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COMPOSITE GROWTH INITIATIVE: THE ASSOCIATION'S COMPOSITE GROWTH INITIATIVE (CGI) EXISTS TO PROMOTE AND EXPAND THE USE AND UNDERSTANDING OF COMPOSITE MATERIALS. THE ASSOCIATION IS A SUPPORTING MEMBER OF THE DEPARTMENT OF ENERGY'S INSTITUTE FOR ADVANCE COMPOSITES MANUFACTURING INNOVATION (IACMI), A PUBLIC-PRIVATE PARTNERSHIP CONNECTING LEADING MANUFACTURES ACROSS THE SUPPLY CHAIN WITH UNIVERSITIES AND NATIONAL LABORATORIES PIONEERING ADVANCED COMPOSITES TECHNOLOGY DEVELOPMENT AND RESEARCH. AS PART OF THE CGI INITIATIVE, THE ASSOCIATION IS AN ANSI ACCREDITED STANDARDS DEVELOPER, AND ITS COMMITTEES AND COUNCILS CONTRIBUTE TO THE DEVELOPMENT AND ADOPTION OF STANDARDS OF OTHER ORGANIZATIONS TO SUPPORT THE ADOPTION OF COMPOSITE MATERIALS.

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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 $407,580
Program Service Revenue $5,626,715
Investment Income $73,936
Other Revenue $71,254
TOTAL REVENUE $6,179,485

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,037,282
Fundraising Expenses $0
Other Expenses $3,195,648
TOTAL EXPENSES $6,232,930

Year-over-Year Comparison

2024 2023 Change
Revenue $6,179,485 $6,339,214 0.0%
Expenses $6,232,930 $6,063,961 +0.0%
Net Income $-53,445 $275,253 -1.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
21
Independent Members
21
Employees
28
Volunteers
21

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
7
$395,242
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEGAN MULTANEN CHAIR OF BOARD 1.00
Officer Director
$0 $0 $0
MIKE GROMACKI CHAIR-ELECT/TREAURER 1.00
Officer Director
$0 $0 $0
FRED SANFORD IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
LEON GAROUFALIS VICE CHAIR 1.00
Officer Director
$0 $0 $0
JAKE AXEL SECRETARY 1.00
Officer Director
$0 $0 $0
TONY MARTIN SUPPLIER AT LARGE 1.00
Officer Director
$0 $0 $0
SCOTT BALOGH DIRECTOR 1.00
Director
$0 $0 $0
DAVID DUVALL DIRECTOR 1.00
Director
$0 $0 $0
GORAN HAAG DIRECTOR 1.00
Director
$0 $0 $0
LUCY HOUCHIN DIRECTOR 1.00
Director
$0 $0 $0
TREVOR HUMPHREY DIRECTOR 1.00
Director
$0 $0 $0
MIKE MOSLEY DIRECTOR 1.00
Director
$0 $0 $0
SCOTT PFLUGHOEFT DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL RAMBO DIRECTOR 1.00
Director
$0 $0 $0
MARK SICKELS DIRECTOR 1.00
Director
$0 $0 $0
LEE STAELGRAEVE DIRECTOR 1.00
Director
$0 $0 $0
JASON TAKAC DIRECTOR 1.00
Director
$0 $0 $0
JANE THOMAS DIRECTOR 1.00
Director
$0 $0 $0
HAROLD VISSER DIRECTOR 1.00
Director
$0 $0 $0
SHANE WEYANT DIRECTOR 1.00
Director
$0 $0 $0
BEN WILTSIE DIRECTOR 1.00
Director
$0 $0 $0
CINDY L SQUIRES CEO & PRESIDENT 40.00
Officer
$377,351 $17,891 $395,242
JOHN SCHWEITZER VP, EHS 40.00
Highest
$185,826 $37,168 $222,994
JOHN BUSEL VP, CGI 40.00
Highest
$178,001 $37,284 $215,285
JOHN CATAPANO DIRECTOR, BUSINESS DEVELOPMENT 40.00
Highest
$155,066 $12,294 $167,360
DAN NEUMANN VP, GOVT RELATIONS 40.00
Highest
$150,275 $15,797 $166,072
CARMAN LONG VP, EVENTS & EDUCATION 40.00
Highest
$148,038 $16,137 $164,175
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
2025 $6,179,485 $6,232,930 $5,222,029 $-53,445
2024 $6,339,214 $6,063,961 $5,484,008 $275,253
2023 $5,689,304 $5,204,201 $5,549,163 $485,103
2022 $5,458,761 $4,973,011 $4,120,869 $485,750
2021 $4,532,009 $4,306,107 $4,195,731 $225,902
2020 $6,056,220 $6,134,079 $3,295,873 $-77,859
2019 $6,130,954 $6,239,392 $3,772,160 $-108,438
2018 $5,207,530 $5,459,429 $3,745,744 $-251,899
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