NATIONAL READY MIXED CONCRETE ASSOCIATION

EIN: 530116046

ALEXANDRIA, VA

Total Revenue
$20,912,890
Total Expenses
$20,175,467
Total Assets
$17,538,689
Net Assets
$11,908,413
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Financial Trends

Organization Details

Formation Year
1930
Legal Domicile
PA
Principal Officer
MICHAEL PHILIPPS
Phone
7037064800
Tax Period
2023-01-01 to 2023-12-31

NATIONAL READY MIXED CONCRETE ASSOCIATION, founded in 1930, is a mid-sized nonprofit that reported $20.9M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $20.2M left a modest 4% surplus.

Mission

THE NATIONAL READY MIXED CONCRETE ASSOCIATION IS A NOT-FOR-PROFIT ORGANIZATION FORMED TO PROVIDE A MEANS THROUGH WHICH MEMBERS OF THE READY MIXED CONCRETE INDUSTRY MAY COORDINATE THEIR EFFORTS IN HANDLING ISSUES OF COMMON CONCERN.

Program Service Accomplishments

Program 1

EDUCATIONAL PROGRAMS - CONDUCTED COURSES ON READY MIXED CONCRETE OPERATIONS AND PROCEDURES. THESE COURSES ALSO COVER ISSUES SUCH AS BUDGETING, FORECASTING, ACCOUNTING, TAXATION AND INSURANCE.

Program 2

Engineering laboratory conducted research on concrete materials and construction aggregates. Research reports are issued on specific projects. The laboratory also supports the American society for...

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Engineering laboratory conducted research on concrete materials and construction aggregates. Research reports are issued on specific projects. The laboratory also supports the American society for testing materials, and the American concrete institute.

Program 3

Annual convention provides a forum for association members to exchange information and ideas on a range of issues relating to the industry.

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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 $925,897
Program Service Revenue $15,379,333
Investment Income $135,167
Other Revenue $4,472,493
TOTAL REVENUE $20,912,890

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,702,812
Fundraising Expenses $0
Other Expenses $9,472,655
TOTAL EXPENSES $20,175,467

Year-over-Year Comparison

2023 2022 Change
Revenue $20,912,890 $18,607,848 +0.1%
Expenses $20,175,467 $17,787,243 +0.1%
Net Income $737,423 $820,605 -0.1%
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
85
Independent Members
85
Employees
66
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
$553,475
Total Directors
86
$553,475
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL PHILIPPS President 37.50
Officer Director
$488,328 $65,147 $553,475
Joseph Roche CFO 37.50
$262,127 $56,161 $318,288
Brian Killingsworth EVP, Local Paving 37.50
$221,524 $51,693 $273,217
Greg Lewis CCO 37.50
$239,799 $29,232 $269,031
Nicole Maher COO 37.50
$238,613 $27,859 $266,472
Lionel Lemay EVP, Stuct & Sust 37.50
$212,463 $44,210 $256,673
Adam Manatt Chairman 1.00
Officer Director
$0 $0 $0
Nathan McKean Vice Chairman 1.00
Officer Director
$0 $0 $0
Hall Chaney SEC/TREASURER 1.00
Officer Director
$0 $0 $0
John Holliday Imm Past Chair 1.00
Officer Director
$0 $0 $0
DOUGLAS ANDERSON Director 1.00
Director
$0 $0 $0
ANDREW ARNOLD Director 1.00
Director
$0 $0 $0
SARAH BEASLEY Director 1.00
Director
$0 $0 $0
Thor Becken Director 1.00
Director
$0 $0 $0
Judd Beech Director 1.00
Director
$0 $0 $0
STEVEN BISHOP Director 1.00
Director
$0 $0 $0
JASON BLASE Director 1.00
Director
$0 $0 $0
SCOTT BREWER Director 1.00
Director
$0 $0 $0
Oliver Brooks Director 1.00
Director
$0 $0 $0
Daryn Bundtrock Director 1.00
Director
$0 $0 $0
EDILSON CHIMILOVSKI Director 1.00
Director
$0 $0 $0
Herbert Burton Director 1.00
Director
$0 $0 $0
Alex Car Director 1.00
Director
$0 $0 $0
Bob Chandler Director 1.00
Director
$0 $0 $0
Brendan Clemente Director 1.00
Director
$0 $0 $0
John Cook Director 1.00
Director
$0 $0 $0
Kurt Croell Director 1.00
Director
$0 $0 $0
Craig Dauphinais Director 1.00
Director
$0 $0 $0
G Carlton Golden Jr Director 1.00
Director
$0 $0 $0
Derek Gordon Director 1.00
Director
$0 $0 $0
Brian Gray Director 1.00
Director
$0 $0 $0
Ron Hall Director 1.00
Director
$0 $0 $0
Jarod Hendricks Director 1.00
Director
$0 $0 $0
Les Howell Director 1.00
Director
$0 $0 $0
Bart Jones Director 1.00
Director
$0 $0 $0
Pete Knight Director 1.00
Director
$0 $0 $0
Toby Lee Director 1.00
Director
$0 $0 $0
Michael LeMonds Director 1.00
Director
$0 $0 $0
Pete Lyons Director 1.00
Director
$0 $0 $0
Rebecca McCollum Director 1.00
Director
$0 $0 $0
Victor McMillan Director 1.00
Director
$0 $0 $0
William Mullen Director 1.00
Director
$0 $0 $0
David Nabavi Director 1.00
Director
$0 $0 $0
Robert O'Brien Director 1.00
Director
$0 $0 $0
Scott Olin Director 1.00
Director
$0 $0 $0
TJ Oneglia Director 1.00
Director
$0 $0 $0
Michael O'Regan Director 1.00
Director
$0 $0 $0
Justin Ozinga Director 1.00
Director
$0 $0 $0
Louis Petrillo Director 1.00
Director
$0 $0 $0
Stephen Render Director 1.00
Director
$0 $0 $0
Scott Reynolds Director 1.00
Director
$0 $0 $0
Jay Ritchie Director 1.00
Director
$0 $0 $0
Charles Rohde Director 1.00
Director
$0 $0 $0
Terrence Savage Director 1.00
Director
$0 $0 $0
James Schelzi Director 1.00
Director
$0 $0 $0
Camilla Schroeder Director 1.00
Director
$0 $0 $0
Cherish Schwenn Director 1.00
Director
$0 $0 $0
Miles Shiver Director 1.00
Director
$0 $0 $0
Larry Silvi III Director 1.00
Director
$0 $0 $0
Brad Slabaugh Director 1.00
Director
$0 $0 $0
D Van Smith Director 1.00
Director
$0 $0 $0
Kirk Taylor Director 1.00
Director
$0 $0 $0
Marc Tyson Director 1.00
Director
$0 $0 $0
Rich Umbel Director 1.00
Director
$0 $0 $0
Robb Vanderschaaff Director 1.00
Director
$0 $0 $0
Tim Vaughn Director 1.00
Director
$0 $0 $0
Joel Waters Director 1.00
Director
$0 $0 $0
Kent Webber Director 1.00
Director
$0 $0 $0
Chip Wildman Director 1.00
Director
$0 $0 $0
TOM ZAIS Director 1.00
Director
$0 $0 $0
TIM ZYNDA Director 1.00
Director
$0 $0 $0
ALLEN HAMBLEN Past Chairman 1.00
Director
$0 $0 $0
TED CHANDLER Past Chairman 1.00
Director
$0 $0 $0
SCOTT PARSON Past Chairman 1.00
Director
$0 $0 $0
Abbott Lawrence Past Chairman 1.00
Director
$0 $0 $0
HENRY BATTEN Past Chairman 1.00
Director
$0 $0 $0
TIMOTHY BECKEN Past Chairman 1.00
Director
$0 $0 $0
RIC SUZIO Past Chairman 1.00
Director
$0 $0 $0
Rodney Grogan Past Chairman 1.00
Director
$0 $0 $0
John Carew Past Chairman 1.00
Director
$0 $0 $0
JEFF BRYAN Ex-officio vote 1.00
Director
$0 $0 $0
DAVID OJEDA Ex-officio vote 1.00
Director
$0 $0 $0
Pierre Villere Ex-officio vote 1.00
Director
$0 $0 $0
Matthew Walter Ex-officio vote 1.00
Director
$0 $0 $0
Steve Antonoff Ex-off non-vote 1.00
Director
$0 $0 $0
Duane Coy Ex-off non-vote 1.00
Director
$0 $0 $0
DREW TURNER Ex-off non-vote 1.00
Director
$0 $0 $0
Mike Brekken Ex-off non-vote 1.00
Director
$0 $0 $0
Albert Romanach Ex-off non-vote 1.00
Director
$0 $0 $0
Melissa Verwest Ex-off non-vote 1.00
Director
$0 $0 $0
Corey Zollinger Ex-off non-vote 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 $20,912,890 $20,175,467 $17,538,689 $737,423
2022 $18,607,848 $17,787,243 $16,593,136 $820,605
2021 $17,293,907 $15,942,189 $12,636,357 $1,351,718
2020 $16,969,360 $15,688,109 $11,563,707 $1,281,251
2019 $15,604,293 $16,278,027 $10,391,111 $-673,734
2018 $14,706,022 $13,780,286 $8,252,809 $925,736
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