International Staple Nail and Tool Association

EIN: 952774099

Schaumburg, IL

Total Revenue
$615,914
Total Expenses
$500,095
Total Assets
$918,568
Net Assets
$904,113
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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
IL
Phone
8473756454
Tax Period
2023-01-01 to 2023-12-31

International Staple Nail and Tool Association, founded in 1966, is a small nonprofit that reported $616K in total revenue in fiscal year 2023. The organization ran a surplus of $116K, a strong 19% operating margin.

Mission

PROMOTE POWER FASTENING BUSINESS BROADLY TO POTENTIAL USERS/SPECIFIERS. DEVELOP/COORDINATE INDUSTRY STANDARDS REGARDING PRODUCT PERFORMANCE, CODE APPROVAL, SAFETY GUIDELINES, ETC. MAINTAIN APPROPRIATE INDUSTRY DATA BASE OF KEY STATISTICS, PRODUCTS, AND INDUSTRY SEGMENTS. PROVIDE EFFECTIVE LIASON WITH OTHER TRADE ASSOCIATIONS IN DEVELOPING PERFORMANCE CRITERIA, BUILDING CODE APPROVALS, ETC. LIASE WITH INDUSTRY.

Program Service Accomplishments

Program 1

MAINTAIN AN EVALUATION REPORT WITH AN ACCREDITED EVALUATION SERVICE FOR FASTENERS USED IN BUILDING CONSTRUCTION. THE REPORT ENABLES BUILDERS, DESIGNERS, STUCTURAL ENGINEERS, ARCHITECTS AND OTHER...

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MAINTAIN AN EVALUATION REPORT WITH AN ACCREDITED EVALUATION SERVICE FOR FASTENERS USED IN BUILDING CONSTRUCTION. THE REPORT ENABLES BUILDERS, DESIGNERS, STUCTURAL ENGINEERS, ARCHITECTS AND OTHER DESIGN PROFESSIONALS TO DESIGN AND BUILD WITH FASTENERS THAT ARE NOT LISTED IN BUILDING CODES, BUT HAVE BEEN EVALUATED FOR CONFORMANCE WITH BUILDING CODE REQUIREMENTS. EVALUATION CONSISTS OF REVIEW OF PRODUCT TESTING BY INDEPENDENT LABORATORY, AND REVIEW OF A QUALITY CONTROL SYSTEM FOR FUTURE PRODUCTION.

Program 2

TOOL SAFETY. INDUSTRY PARTICIPATION WITH THE SAFETY COMMUNITY, REGULATORS AND STANDARD DEVELOPING ORGANIZATIONS TO IMPROVE SAFE USE OF POWER FASTENING TOOLS. INCLUDES MAINTENANCE OF SAFETY STANDARDS...

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TOOL SAFETY. INDUSTRY PARTICIPATION WITH THE SAFETY COMMUNITY, REGULATORS AND STANDARD DEVELOPING ORGANIZATIONS TO IMPROVE SAFE USE OF POWER FASTENING TOOLS. INCLUDES MAINTENANCE OF SAFETY STANDARDS ON DESIGN, CONSTRUCTION, INSTALLATION, USE AND MAINTENANCE OF TOOLS. INCLUDES DEVELOPMENT AND DISTRIBUTION OF TRAINING MATERIALS FOR USERS AND SAFETY TRAINERS. INCLUDES DEVELOPMENT OF REGULATIONS TO PROMOTE SAFE WORKPLACES AND SAFE TOOL USE. INCLUDES DEVELOPMENT AND MAINTENANCE OF SAFETY STANDARDS ON PRODUCT WARNING LABELS AND SAFETY-RELATED WARNINGS, INSTRUCTONS AND MESSAGES.

Program 3

ANNUAL MEETING. MEETING PROVIDES AN OPPORTUNITY FOR MEMBERS TO DISCUSS DEVELOPMENT, MAINTENANCE AND TRENDS OF STANDARDS, CODES AND PRACTICES, COVERING SAFETY AND PRODUCT PERFORMANCE AND USAGE IN THE...

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ANNUAL MEETING. MEETING PROVIDES AN OPPORTUNITY FOR MEMBERS TO DISCUSS DEVELOPMENT, MAINTENANCE AND TRENDS OF STANDARDS, CODES AND PRACTICES, COVERING SAFETY AND PRODUCT PERFORMANCE AND USAGE IN THE MANY INDUSTRIES USING NAILS AND STAPLES. ALLOWS DEVELOPMENT OF INDUSTRY RESPONSE TO EXISTING AND ANTICIPATED ISSUES AND OPPORTUNITIES. ALLOWS DISCUSSION OF BUSINESS CONDITIONS AND TRENDS AFFECTING FASTENER AND FASTENER DRIVING TOOL INDUSTRIES.

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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 $0
Program Service Revenue $611,218
Investment Income $4,696
Other Revenue $0
TOTAL REVENUE $615,914

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $500,095
TOTAL EXPENSES $500,095

Year-over-Year Comparison

2023 2022 Change
Revenue $615,914 $622,713 0.0%
Expenses $500,095 $511,479 0.0%
Net Income $115,819 $111,234 +0.0%
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
8
Independent Members
8
Employees
N/A
Volunteers
40

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paul Redwood Chair 1.00
Officer Director
$0 $0 $0
David Bertoni Treasurer 1.00
Officer Director
$0 $0 $0
Steve Moore Vice Chair 1.00
Officer Director
$0 $0 $0
David Shumate Director 1.00
Director
$0 $0 $0
Steven Shennum Director 1.00
Director
$0 $0 $0
Jason Kennedy Director 1.00
Director
$0 $0 $0
Matt Conner Director 1.00
Director
$0 $0 $0
Dan Durant Director 1.00
Director
$0 $0 $0
Jeff Henry Executive Dir. 5.00
Officer
$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 $615,914 $500,095 $918,568 $115,819
2022 $622,713 $511,479 $797,347 $111,234
2021 $600,858 $440,318 $685,085 $160,540
2020 $566,507 $410,537 $523,815 $155,970
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