Civic Intelligence

Heating Airconditioning & Refrigeration Distributors Int'L

990 • Fiscal year 2024 • EIN 03-0443301

Jan 01, 2024 to Dec 31, 2024 • Filed on Oct 30, 2025

445 Hutchinson Ave Suite 550Columbus, OH 43235

(614) 345-4328

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.28x

Higher debt load relative to assets than 59% of similar nonprofits.

2024 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

50th percentile

0.31x

Higher debt load relative to revenue than 50% of similar nonprofits.

2024 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

61st percentile

7.9%

Higher net margin than 61% of similar nonprofits.

2024 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2024

Asset Growth

76th percentile

15%

Faster asset growth than 76% of similar nonprofits.

2024 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

20%

Faster revenue growth than 83% of similar nonprofits.

2024 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$9,698,680

Up $1,255,122 (+15%) from 2023

Net Assets

Up

$7,001,243

Up $1,431,304 (+26%) from 2023

Liabilities

Down

$2,697,437

Down $176,182 (-6.1%) from 2023

Revenue

Up

$8,685,465

Up $1,464,622 (+20%) from 2023

Expenses

Up

$7,996,085

Up $1,480,365 (+23%) from 2023

Net Income

Down

$689,380

Down $15,743 (-2.2%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $2,458,516Liabilities 2011: $1,189,948Net Assets 2011: $1,268,5682011Assets 2012: $2,093,109Liabilities 2012: $994,509Net Assets 2012: $1,098,6002012Assets 2013: $2,939,545Liabilities 2013: $1,523,764Net Assets 2013: $1,415,7812013Assets 2014: $2,023,172Liabilities 2014: $574,381Net Assets 2014: $1,448,7912014Assets 2015: $2,151,987Liabilities 2015: $572,381Net Assets 2015: $1,579,6062015Assets 2016: $3,139,622Liabilities 2016: $1,509,485Net Assets 2016: $1,630,1372016Assets 2017: $4,223,080Liabilities 2017: $2,240,891Net Assets 2017: $1,982,1892017Assets 2018: $3,682,022Liabilities 2018: $1,233,996Net Assets 2018: $2,448,0262018Assets 2019: $4,789,549Liabilities 2019: $1,733,370Net Assets 2019: $3,056,1792019Assets 2020: $4,593,278Liabilities 2020: $1,274,617Net Assets 2020: $3,318,6612020Assets 2021: $6,263,611Liabilities 2021: $1,941,285Net Assets 2021: $4,322,3262021Assets 2022: $6,554,084Liabilities 2022: $2,290,444Net Assets 2022: $4,263,6402022Assets 2023: $8,443,558Liabilities 2023: $2,873,619Net Assets 2023: $5,569,9392023Assets 2024: $9,698,680Liabilities 2024: $2,697,437Net Assets 2024: $7,001,2432024

Highlighted filing

2024

Assets$9,698,680
Liabilities$2,697,437
Net Assets$7,001,243

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $2,284,878Expenses 2011: $2,338,816Net Income 2011: -$53,9382011Revenue 2012: $2,291,639Expenses 2012: $2,451,424Net Income 2012: -$159,7852012Revenue 2013: $3,069,605Expenses 2013: $2,932,591Net Income 2013: $137,0142013Revenue 2014: $3,200,526Expenses 2014: $3,151,361Net Income 2014: $49,1652014Revenue 2015: $3,780,802Expenses 2015: $3,504,590Net Income 2015: $276,2122015Revenue 2016: $4,057,986Expenses 2016: $4,024,136Net Income 2016: $33,8502016Revenue 2017: $4,647,323Expenses 2017: $4,488,111Net Income 2017: $159,2122017Revenue 2018: $5,147,708Expenses 2018: $4,532,643Net Income 2018: $615,0652018Revenue 2019: $5,165,583Expenses 2019: $4,864,036Net Income 2019: $301,5472019Revenue 2020: $3,181,141Expenses 2020: $3,128,463Net Income 2020: $52,6782020Revenue 2021: $5,587,380Expenses 2021: $4,995,785Net Income 2021: $591,5952021Revenue 2022: $6,371,642Expenses 2022: $5,705,224Net Income 2022: $666,4182022Revenue 2023: $7,220,843Expenses 2023: $6,515,720Net Income 2023: $705,1232023Revenue 2024: $8,685,465Expenses 2024: $7,996,085Net Income 2024: $689,3802024

Highlighted filing

2024

Revenue$8,685,465
Expenses$7,996,085
Net Income$689,380
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 30, 2025
Return Version
2024v5.0
Gross Receipts
$8,685,465
Mission and Program Overview

Mission

Trade association - to promote the interests of the wholesale heating, airconditioning and refrigeration industry by undertaking such programs, services and activities as are lawful and consistent with its mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,005,691$4,069,822▲ $1,064,131
Savings and Temporary Cash Investments$3,133,405$2,005,447▼ $1,127,958
Investments Other Securities$1,193,961$1,565,366▲ $371,405
Cash and Non-Interest-Bearing Accounts$173,164$669,802▲ $496,638
Land, Buildings, and Equipment, Net$196,010$585,023▲ $389,013
Prepaid Expenses and Deferred Charges$420,248$317,577▼ $102,671
Accounts Receivable$71,123$180,639▲ $109,516
Total Assets$8,443,558$9,698,680▲ $1,255,122
Other Assets Total$249,956$305,004▲ $55,048
Liabilities
Accounts Payable and Accrued Expenses$1,671,818$1,477,896▼ $193,922
Deferred Revenue$884,575$964,655▲ $80,080
Mortgage Notes Payable Secured by Investment Property$140,461$136,583▼ $3,878
Other Liabilities$176,765$118,303▼ $58,462
Total Liabilities$2,873,619$2,697,437▼ $176,182
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,569,939$7,001,243▲ $1,431,304
Total Net Assets Fund Balance$5,569,939$7,001,243▲ $1,431,304
Total Liabilities and Net Assets / Fund Balance$8,443,558$9,698,680▲ $1,255,122

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$471,687$510,559$982,246
Equipment$94,049$88,349$182,398
Leasehold Improvements$19,287$27,001$46,288
Other Securities$1,565,366--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Talbot GeeCEOFT$309,846$143,909$453,755
Zachary PergeVP of Dist.FT$244,402$9,712$254,114
Zachary PergeVP of Dist. Strategi-$215,820$62,832$254,114
Stella Marie KeaneVP of TalentFT$203,717$29,788$233,505
Stella Marie KeaneVP of Talent Develop-$196,500$12,467$233,505
Timothy FisherDirector ofFT$125,321$13,308$138,629
Brian LoftusMarketing anFT$115,331$23,226$138,557
Mihaela Carmen AndreiDirector ofFT$113,747$22,847$136,594
Guitze MessinaExec. DirectFT$106,942$18,794$125,736
Allison GreeneMarketing DiFT$108,395$8,193$116,588

Board Members and Trustees

NameTitle
Loran LiuBoard Chair
Dale NortonDirector
Dewight WallaceDirector
Jeff MingledorffDirector
Lauren RobertsDirector
Layne MillerDirector
Mike GallagherDirector
Randy RobertsDirector
Steve RoeDirector
Todd ShaddenDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Reliant Government RelationsConsulting1356 KENYON ST NW, Washington, DC 20010$220,394
The Distribution TeamConsulting320 SW CENTURY DRIVE STE 405-360, Bend, OR 97702$108,830
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,419,633
Investment Income
$265,832
Other Revenue
$0
Change in Net Assets
$689,380

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,685,465
Total Revenue per Audited Statements
$8,685,465
Total Revenue per Form 990
$8,685,465
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,638,724
Salaries, Compensation, and Employee Benefits$3,357,361
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$1,983,028--$1,983,028
Other Salaries and Wages$1,476,837$408,197-$1,885,034
Current Officers, Directors, Trustees, and Key Employees$678,980$187,669-$866,649
Other Expenses$339,252$374,211-$339,252
Other Employee Benefits$250,737$69,303-$320,040
Information Technology$202,250$64,931-$267,181
Travel$133,154$71,362-$204,516
Payroll Taxes$149,417$41,299-$190,716
Depreciation Depletion$103,082$34,361-$137,443
Occupancy$96,431$32,144-$128,575
Pension Plan Contributions$74,367$20,555-$94,922
Fees for Services Other-$90,403-$90,403
Fees for Services Legal$88,188--$88,188
Fees for Services Lobbying$79,499--$79,499
Advertising$9,021$29,990-$39,011
Fees for Services Accounting$23,975--$23,975
Insurance-$16,873-$16,873
Office Expenses-$13,756-$13,756
Interest-$3,814-$3,814
Total Functional Expenses$6,537,217$1,458,868$0$7,996,085

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,996,085
Total Expenses per Audited Statements$7,996,085
Total Expenses per Form 990$7,996,085
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$79,499
Total Nondeductible Lobbying and Political Cost$79,499
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Obligations$118,303
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization is made up of members who elect to become members on a yearly basis.

Form 990, Page 6, Part VI, Line 7A

Voting members elect the board of directors and officers of the association at the annual meeting.

Form 990, Page 6, Part VI, Line 7B

The board of directors sets policies and supervises the business and affairs of the association; action by the members is required where the law or bylaws require authorization by the members.

Form 990, Page 6, Part VI, Line 11B

Governing members receive and review a copy of the return prior to filing. Any comments or changes are communicated to the chief executive officer and incorporated into the return before filing.

Form 990, Page 6, Part VI, Line 12C

If any officer or director has a conflict of interest with the association, he or she shall call such conflict to the attention of the board of directors. After indentifying the issue, matter or transaction to which a conflict exists, an officer or director shall withdraw from any further involvement in that issue, unless the board of directors determine the conflict is immaterial or not adverse to the association.

Form 990, Page 6, Part VI, Line 15A

The chief executive officer's compensation is negotiated by the president of the board of directors subject to the approval of the executive committee.

Form 990, Page 6, Part VI, Line 15B

Other key employees' compensation is negotiated by the chief executive officer.

Form 990, Page 6, Part VI, Line 19

The association's governing documents, conflict of interest policy and financial statements are available upon request and for inspection at the association's office.

Filing and Contact Details

Filer

Filer Name
Heating Airconditioning &
EIN
03-0443301
Phone
6143454328
Address
445 HUTCHINSON AVE SUITE 550, COLUMBUS, OH 43235

Signing Officer

Name
Talbot Gee
Title
CEO
Phone
6143454328
Signed
2025-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Talbot Gee
Formed
1949
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
10
Employees
24

Preparer

Firm
Mccurdy & Associates Inc
Address
4800 ROBERTS RD, COLUMBUS, OH 43228
Preparer
Robert D Mccurdy CPA
Phone
6149512284
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

All other expenses related to program services to members for heating, air- conditioning, refrigeration, distributors international (hardi)

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.70$2.70$7.00$8.69$8.00$0.69
2023Detailed filing. Detailed filing data is available for this year.$8.44$2.87$5.57$7.22$6.52$0.71
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.55$2.29$4.26$6.37$5.71$0.67
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.26$1.94$4.32$5.59$5.00$0.59
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.59$1.27$3.32$3.18$3.13$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.79$1.73$3.06$5.17$4.86$0.30
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.68$1.23$2.45$5.15$4.53$0.62
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.22$2.24$1.98$4.65$4.49$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.14$1.51$1.63$4.06$4.02$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.15$0.57$1.58$3.78$3.50$0.28
2014Detailed filing. Detailed filing data is available for this year.$2.02$0.57$1.45$3.20$3.15$0.05
2013Detailed filing. Detailed filing data is available for this year.$2.94$1.52$1.42$3.07$2.93$0.14
2012Summary only. Only limited summary data is available for this year.$2.09$0.99$1.10$2.29$2.45$0.16
2011Summary only. Only limited summary data is available for this year.$2.46$1.19$1.27$2.28$2.34$0.05
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)6 • $5M-$10M nonprofits