Composite Panel Association

EIN: 530258451

Leesburg, VA

Total Revenue
$4,220,844
Total Expenses
$4,483,673
Total Assets
$4,858,062
Net Assets
$4,030,194
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
IL
Principal Officer
Andrew T O'Hare
Phone
7037241128
Tax Period
2024-01-01 to 2024-12-31

Composite Panel Association, founded in 1960, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2018. Expenses of $3.7M left a modest 6% surplus.

Mission

To advance the wood-based panel and decorative surfacing industries- See Schedule O

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,072,415
Investment Income $148,429
Other Revenue $0
TOTAL REVENUE $4,220,844

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,302,071
Fundraising Expenses $0
Other Expenses $2,181,602
TOTAL EXPENSES $4,483,673

Year-over-Year Comparison

2024 2023 Change
Revenue $4,220,844 $4,116,291 +0.0%
Expenses $4,483,673 $4,249,031 +0.1%
Net Income $-262,829 $-132,740 +1.0%
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
30
Independent Members
30
Employees
15
Volunteers
30

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
$666,656
Total Directors
30
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marla Chappell Chair 1.00
Officer Director
$0 $0 $0
Steve Carroll Vice Chairman 1.00
Officer Director
$0 $0 $0
Mike Reardon Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Dan Beaty Immediate Past Chair 1.00
Officer Director
$0 $0 $0
Matt Swinnie Director 1.00
Director
$0 $0 $0
Larry Broadfoot Director 1.00
Director
$0 $0 $0
Al Stobbart Director 1.00
Director
$0 $0 $0
Emilio Ayub Director 1.00
Director
$0 $0 $0
Johannes Eder Director 1.00
Director
$0 $0 $0
JP Maultsby Director 1.00
Director
$0 $0 $0
James Juska Director 1.00
Director
$0 $0 $0
Pat Aldred Director 1.00
Director
$0 $0 $0
Steve Sauter Director 1.00
Director
$0 $0 $0
Peter Stasiowski Director 1.00
Director
$0 $0 $0
Ray Chaaraoui Director 1.00
Director
$0 $0 $0
Kyle Kennedy Director 1.00
Director
$0 $0 $0
Rossen Marinov Director 1.00
Director
$0 $0 $0
Shane Brannan Director 1.00
Director
$0 $0 $0
Mike Mai Director 1.00
Director
$0 $0 $0
Matthew Peterson Director 1.00
Director
$0 $0 $0
Elliott Savage Director 1.00
Director
$0 $0 $0
Dirk Koltze Director 1.00
Director
$0 $0 $0
Todd Wegman Director 1.00
Director
$0 $0 $0
Doug Hart Director 1.00
Director
$0 $0 $0
Louis Brassard Director 1.00
Director
$0 $0 $0
Randy Tallman Director 1.00
Director
$0 $0 $0
David Smith Director 1.00
Director
$0 $0 $0
James Hogg Director 1.00
Director
$0 $0 $0
Ric Aikman Director 1.00
Director
$0 $0 $0
James Laundry Director 1.00
Director
$0 $0 $0
Andrew T O'Hare President 37.50
Officer
$352,608 $75,301 $427,909
Jeanne E Ervin Chief Operating Officer 37.50
Officer
$179,303 $59,444 $238,747
Connie Klinkam Sr Director, Technical Services 37.50
Highest
$152,737 $20,367 $173,104
Allyson O'Sullivan VP Marketing & Meetings 37.50
Highest
$157,998 $59,061 $217,059
Brian Sause Director, Certification & Industry Affairs 37.50
Highest
$135,400 $25,651 $161,051
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 $4,220,844 $4,483,673 $4,858,062 $-262,829
2023 $4,116,291 $4,249,031 $5,004,574 $-132,740
2022 $4,282,229 $3,881,367 $5,193,800 $400,862
2021 $3,754,623 $3,330,824 $5,282,758 $423,799
2020 $3,603,124 $3,198,949 $4,875,396 $404,175
2019 $4,171,975 $3,814,195 $4,582,167 $357,780
2018 $3,883,864 $3,651,416 $4,155,700 $232,448
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