STRUCTURAL INSULATED PANEL ASSOCIATION

EIN: 521700230

FORT LAUDERDALE, FL

Total Revenue
$572,268
Total Expenses
$678,805
Total Assets
$732,108
Net Assets
$423,892
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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
1990
Legal Domicile
DC
Phone
2538587472
Tax Period
2025-01-01 to 2025-12-31

STRUCTURAL INSULATED PANEL ASSOCIATION, founded in 1990, is a small nonprofit that reported $572K in total revenue in fiscal year 2025. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $679K exceeded revenue, resulting in a 19% operating deficit.

Mission

PUBLISH PERIODICALS, NEWSLETTERS, AND DISTRIBUTE TO MEMBERSHIP AND OTHER INTEREST PARTIES. CONDUCT INFORMATIONAL MEETING/CONFERENCE REGARDING INDUSTRY TRENDS AND DEVELOPMENTS.

Program Service Accomplishments

Program 1
Expenses: $643,035

PUBLISH PERIODICALS, NEWSLETTERS, AND DISTRIBUTE TO MEMBERSHIP AND OTHER INTEREST PARTIES. CONDUCT INFORMATIONAL MEETING/CONFERENCE REGARDING INDUSTRY TRENDS AND DEVELOPMENTS.PROVIDE A SIP INDUSTRY...

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PUBLISH PERIODICALS, NEWSLETTERS, AND DISTRIBUTE TO MEMBERSHIP AND OTHER INTEREST PARTIES. CONDUCT INFORMATIONAL MEETING/CONFERENCE REGARDING INDUSTRY TRENDS AND DEVELOPMENTS.PROVIDE A SIP INDUSTRY CODE REPORT THAT HELPS INDIVIDUAL MANUFACTURERS MAINTAIN CONSISTENTLY HIGH QUALITY STANDARDS BY SHARING ENGINEERING TEST DATA.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $563,908
Investment Income $3,427
Other Revenue $4,933
TOTAL REVENUE $572,268

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $643,035
Other Expenses $678,805
TOTAL EXPENSES $678,805

Year-over-Year Comparison

2025 2024 Change
Revenue $572,268 $742,618 -0.2%
Expenses $678,805 $613,624 +0.1%
Net Income $-106,537 $128,994 -1.8%
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

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Governance

Voting Members
20
Independent Members
20
Employees
N/A
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
5
$0
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDY ROEHL BOARD MEMBER 1.00
Director
$0 $0 $0
JOE PASMA BOARD MEMBER 1.00
Director
$0 $0 $0
JOE FORTIER President 4.00
Officer Director
$0 $0 $0
CHRIS WISCHMANN BOARD MEMBER 1.00
Director
$0 $0 $0
NATE DERINGER BOARD MEMBER 1.00
Director
$0 $0 $0
BRYAN WALSH BOARD MEMBER 1.00
Director
$0 $0 $0
JON MEYER BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN EARLY BOARD MEMBER 1.00
Director
$0 $0 $0
JEREMY DIEKEN 1st VP 2.00
Officer Director
$0 $0 $0
JAMES HODGSON BOARD MEMBER 1.00
Director
$0 $0 $0
COREY NIGH BOARD MEMBER 1.00
Director
$0 $0 $0
JON SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN BARROWS BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT WATSON Secretary/Treas 4.00
Officer Director
$0 $0 $0
AMANDA GEHRKE BOARD MEMBER 1.00
Director
$0 $0 $0
TOM MOORE 2nd VP 2.00
Officer Director
$0 $0 $0
BRIAN STRAKA BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL KNAPP BOARD MEMBER 1.00
Director
$0 $0 $0
JAMIE JENKINS BOARD MEMBER 1.00
Director
$0 $0 $0
DAMIAN PATALUNA Past President 1.00
Officer 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
2025 $572,268 $678,805 $732,108 $-106,537
2024 $742,618 $613,624 $805,010 $128,994
2023 $608,889 $573,348 $665,356 $35,541
2022 $533,853 $550,792 $604,259 $-16,939
2021 $404,671 $414,420 $564,433 $-9,749
2020 $466,535 $516,115 $491,324 $-49,580
2019 $550,283 $520,164 $582,711 $30,119
2018 $536,470 $538,915 $561,815 $-2,445
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