EIFS Industry Members Association

EIN: 521281131

Falls Church, VA

Total Revenue
$1,305,080
Total Expenses
$1,112,285
Total Assets
$432,879
Net Assets
$357,525
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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
DC
Principal Officer
Stephen T Sears CEO
Tax Period
2023-01-01 to 2023-12-31

EIFS Industry Members Association, founded in 1982, is a small nonprofit that reported $920K in total revenue in fiscal year 2018. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

The improvement and promotion of exterior finish systems, the advancement of exterior insulation and finish systems, research, and dissemination of technical information. The encouragement of the use of exterior insulation and finish products and education.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,153,940
Program Service Revenue $151,140
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,305,080

Expense Breakdown

Grants Paid $0
Salaries & Benefits $419,029
Fundraising Expenses $0
Program Expenses $889,831
Other Expenses $693,256
TOTAL EXPENSES $1,112,285

Year-over-Year Comparison

2023 2022 Change
Revenue $1,305,080 $969,087 +0.3%
Expenses $1,112,285 $968,891 +0.1%
Net Income $192,795 $196 +982.6%
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
10
Independent Members
10
Employees
2
Volunteers
N/A

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
1
$212,535
Total Directors
11
$0
Key Employees
1
$212,535
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stephen T Sears Chief Executive Officer 40.00
Officer Key Emp
$212,535 $0 $212,535
Rafael Bao Director 1.00
Director
$0 $0 $0
Vanessa Feldkamp Secretary 1.00
Director
$0 $0 $0
Eric Hindson Director 1.00
Director
$0 $0 $0
Chuck Robitaille Director 1.00
Director
$0 $0 $0
Mike Chaney Director - Contractor 1.00
Director
$0 $0 $0
Peter Daechsel Vice President 1.00
Director
$0 $0 $0
Darryl Little Director 1.00
Director
$0 $0 $0
Jose Berlingeri Treasurer 1.00
Director
$0 $0 $0
Chip Blome Director-Distributor 1.00
Director
$0 $0 $0
Steve Smithwick President 1.00
Director
$0 $0 $0
Nate Katz Director-Associate 1.00
Director
$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 $1,305,080 $1,112,285 $432,879 $192,795
2022 $969,087 $968,891 $193,943 $196
2021 $879,318 $1,044,272 $225,988 $-164,954
2021 $876,216 $1,015,956 $245,613 $-139,740
2020 $957,943 $837,315 $335,893 $120,628
2019 $937,442 $868,479 $240,649 $68,963
2018 $920,464 $923,543 $197,986 $-3,079
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