WASHINGTON ASPHALT PAVEMENT ASSOCIATION

EIN: 910617279

RENTON, WA

Total Revenue
$967,431
Total Expenses
$979,433
Total Assets
$678,968
Net Assets
$642,055
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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
1954
Legal Domicile
WA
Principal Officer
DAVID GENT
Phone
4252078814
Tax Period
2024-01-01 to 2024-12-31

WASHINGTON ASPHALT PAVEMENT ASSOCIATION, founded in 1954, is a small nonprofit that reported $967K in total revenue in fiscal year 2024.

Mission

INFORM/EDUCATE MEMBERS AND OTHERS REGARDING INDUSTRY.

Program Service Accomplishments

Program 1
Expenses: $426,746

TRADE ASSOCIATION MEETINGS, INFORMATION TO MEMBERS, MONITOR INDUSTRY EVENTS, CONDUCT GENERAL AND EDUCATIONAL MEETINGS, SPONSOR INDUSTRY RESEARCH, AND PROMOTE AND SUPPORT 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 (2024)

Revenue Breakdown

Contributions & Grants $722,364
Program Service Revenue $241,010
Investment Income $0
Other Revenue $4,057
TOTAL REVENUE $967,431

Expense Breakdown

Grants Paid $0
Salaries & Benefits $460,922
Fundraising Expenses $0
Program Expenses $426,746
Other Expenses $518,511
TOTAL EXPENSES $979,433

Year-over-Year Comparison

2024 2023 Change
Revenue $967,431 $958,417 +0.0%
Expenses $979,433 $979,218 +0.0%
Net Income $-12,002 $-20,801 -0.4%
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
14
Independent Members
14
Employees
3
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
6
$0
Total Directors
14
$0
Key Employees
1
$198,254
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMIE LEE PRESIDENT 1.00
Officer Director
$0 $0 $0
MIKE STEIN VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
GUNNER GEHRING SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
MICHAEL MCBREEN MEMBER, MEMBER-AT-LARGE 0.50
Officer Director
$0 $0 $0
PAMP MAIERS JR MEMBER, MEMBER-AT-LARGE 1.00
Officer Director
$0 $0 $0
DAVID WARNER MEMBER, MEMBER-AT-LARGE 0.50
Officer Director
$0 $0 $0
JOHN MADDEN MEMBER 0.50
Director
$0 $0 $0
BRETT SCHULTZ MEMBER 0.50
Director
$0 $0 $0
JEFF MOTLEY MEMBER 0.50
Director
$0 $0 $0
NEIL WIRKKALA MEMBER 0.50
Director
$0 $0 $0
MARK POE MEMBER 0.50
Director
$0 $0 $0
SCOTT WILLMS MEMBER 0.50
Director
$0 $0 $0
MIKE HALL MEMBER 0.50
Director
$0 $0 $0
ROB TREECE MEMBER, ASSOCIATE MEMBER CHAIRMAN 1.00
Director
$0 $0 $0
DAVID GENT EXECUTIVE DIRECTOR 40.00
Key Emp
$198,254 $0 $198,254
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 No data No data No data No data
2024 $967,431 $979,433 $678,968 $-12,002
2023 $958,417 $979,218 $735,901 $-20,801
2022 $784,660 $789,838 $840,405 $-5,178
2021 $704,160 $675,765 $909,472 $28,395
2020 $660,468 $680,593 $899,625 $-20,125
2019 $914,914 $950,686 $864,585 $-35,772
2018 $896,052 $810,567 $801,243 $85,485
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