Civic Intelligence

Steel Framing Industry Association

EIN 27-4448796 • 501(c)6 • Falls Church, VA

Profile

The mission of the steel framing industry association is to provide assistance to companies having interests in the cold-formed steel framing industry to be more successful by unifying the industry to expand the market for the use of cold-formed steel systems through quality assurance, promotion, advocacy, education, innovation, and engendering market confidence in member companies through mandatory third party certified compliance.

513 W Broad St 210Falls Church, VA 22046

www.steelframingassociation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

1.34x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

0.45x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

21st percentile

-4.7%

Higher net margin than 21% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$152,717

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 10.2% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

98th percentile

128%

Faster asset growth than 98% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-3.0%

Faster revenue growth than 25% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$501,880

Up $81,725 (+19%) from 2022

Liabilities

Up

$673,093

Up $303,689 (+82%) from 2022

Net Assets

Down

-$171,213

Down $221,964 (-437%) from 2022

Revenue

Up

$1,499,418

Up $342,467 (+30%) from 2022

Expenses

Up

$1,569,687

Up $282,819 (+22%) from 2022

Net Income

Up

-$70,269

Up $59,648 (+46%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500KAssets 2014: $449,936Liabilities 2014: $803,709Net Assets 2014: -$353,7732014Assets 2015: $204,456Liabilities 2015: $393,114Net Assets 2015: -$188,6582015Assets 2017: $721,736Liabilities 2017: $834,033Net Assets 2017: -$112,2972017Assets 2019: $1,119,810Liabilities 2019: $1,108,932Net Assets 2019: $10,8782019Assets 2020: $587,335Liabilities 2020: $363,354Net Assets 2020: $223,9812020Assets 2021: $371,674Liabilities 2021: $191,006Net Assets 2021: $180,6682021Assets 2022: $420,155Liabilities 2022: $369,404Net Assets 2022: $50,7512022Assets 2024: $501,880Liabilities 2024: $673,093Net Assets 2024: -$171,2132024

Highlighted filing

2024

Assets$501,880
Liabilities$673,093
Net Assets-$171,213

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2014: $155,177Expenses 2014: $611,486Net Income 2014: -$456,3092014Revenue 2015: $716,899Expenses 2015: $551,784Net Income 2015: $165,1152015Revenue 2017: $700,696Expenses 2017: $619,357Net Income 2017: $81,3392017Revenue 2019: $923,108Expenses 2019: $650,922Net Income 2019: $272,1862019Revenue 2020: $1,167,314Expenses 2020: $954,211Net Income 2020: $213,1032020Revenue 2021: $1,182,542Expenses 2021: $1,048,124Net Income 2021: $134,4182021Revenue 2022: $1,156,951Expenses 2022: $1,286,868Net Income 2022: -$129,9172022Revenue 2024: $1,499,418Expenses 2024: $1,569,687Net Income 2024: -$70,2692024

Highlighted filing

2024

Revenue$1,499,418
Expenses$1,569,687
Net Income-$70,269

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$1,156,951
Mission and Program Overview

Mission

The mission of the steel framing industry association is to provide assistance to companies having interests in the cold-formed steel framing industry to be more successful by unifying the industry to expand the market for the use of cold-formed steel systems through quality assurance, promotion, advocacy, education, innovation, and engendering market confidence in member companies through mandatory third party certified compliance.

To provide assistance to companies having interests in the cold-formed steel framing industry

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$85,764$246,426▲ $160,662
Savings and Temporary Cash Investments$277,303$144,171▼ $133,132
Prepaid Expenses and Deferred Charges-$29,183-
Accounts Receivable$8,607$375▼ $8,232
Total Assets$371,674$420,155▲ $48,481
Liabilities
Deferred Revenue$147,841$288,170▲ $140,329
Accounts Payable and Accrued Expenses$43,165$81,234▲ $38,069
Total Liabilities$191,006$369,404▲ $178,398
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$180,668$50,751▼ $129,917
Total Net Assets Fund Balance$180,668$50,751▼ $129,917
Total Liabilities and Net Assets / Fund Balance$371,674$420,155▲ $48,481
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Larry WilliamsExecutive DirectorFT$214,096$35,120$249,216

Board Members and Trustees

NameTitle
Tom PorterPresident
Mike BarkerVice President
Brian EdoffDirector
Eric GriswoldDirector
Jim CollinsDirector
Kip CraddickDirector
Max FerenczDirector
Megan WashnieskiDirector
Peter WilhelmsDirector
John WalburgDIRECTOR (FROM MAR '22)
Bj PowellDIRECTOR (FROM MAY '22)
Dan MaroniDIRECTOR (TO APR '22)
Michael TookeyDIRECTOR (TO MAR '22)
Matt PfirmanSecretary
Bill WilsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,136,212
Investment Income
$41
Other Revenue
$20,698
Change in Net Assets
$-129,917
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$921,748
Salaries, Compensation, and Employee Benefits$365,120
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$346,135
Current Officers, Directors, Trustees, and Key Employees---$249,216
Information Technology---$176,947
Other Salaries and Wages---$95,486
Fees for Services Accounting---$74,672
Other Expenses---$65,811
Fees for Services Management---$61,278
Conferences and Meetings---$60,765
Advertising---$44,105
Travel---$35,666
Office Expenses---$32,060
Payroll Taxes---$16,588
Insurance---$15,378
Fees for Services Legal---$8,931
Other Employee Benefits---$2,925
Pension Plan Contributions---$905
Total Functional Expenses$0$0$0$1,286,868
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
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Sfia has retained the association of the wall and ceiling industry to provide management services.

Form 990, Part VI, Section A, Line 6

The membership of sfia consists of several classes of membership spanning the steel framing industry.

Form 990, Part VI, Section A, Line 7A

Manufacturer members, connector & accessory manufacturer members, steel mill members, steel service center or coatings producer members, panel and truss fabricating members, and equipment and tool manufacturer members who are in good standing and with dues current are entitled to vote on any question.

Form 990, Part VI, Section A, Line 7B

Bylaws changes must be approved by the members.

Form 990, Part VI, Section B, Line 11B

The president will review before the 990 is issued.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Steel Framing Industry Association
EIN
27-4448796
Phone
7035381613
Address
513 W BROAD ST 210, FALLS CHURCH, VA 22046

Signing Officer

Name
Larry Williams
Title
Executive Director
Phone
7035381613
Signed
2023-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Williams
Formed
2011
Legal Domicile
Oh
Voting Board Members
13
Independent Board Members
13
Employees
2
Volunteers
15

Preparer

Firm
Johnson Lambert Llp
Address
4242 SIX FORKS ROAD SUITE 1500, RALEIGH, NC 27609
Preparer
J Calvin Marks
Phone
9197196400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting 144,690. Architects outreach 98,612. Technical reports 86,080. Payroll & benefit processing 11,392. Advocacy 2,866. Other professional fees 2,495.

Raw XML AppendixShowing 400 of 407 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/MissionDesc0THE MISSION OF THE STEEL FRAMING INDUSTRY ASSOCIATION IS TO PROVIDE ASSISTANCE TO COMPANIES HAVING INTERESTS IN THE COLD-FORMED STEEL FRAMING INDUSTRY TO BE MORE SUCCESSFUL BY UNIFYING THE INDUSTRY TO EXPAND THE MARKET FOR THE USE OF COLD-FORMED STEEL SYSTEMS THROUGH QUALITY ASSURANCE, PROMOTION, ADVOCACY, EDUCATION, INNOVATION, AND ENGENDERING MARKET CONFIDENCE IN MEMBER COMPANIES THROUGH MANDATORY THIRD PARTY CERTIFIED COMPLIANCE.
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IRS990/ProgramServiceRevenueGrp/Desc0MEMBER DUES
IRS990/ProgramServiceRevenueGrp/Desc1CCRR LISTING FEES
IRS990/ProgramServiceRevenueGrp/Desc2PUBLICATIONS REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01075449
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt166967
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2-6204
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01075449
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt166967
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2-6204
IRS990/ProgSrvcAccomActy2Grp/Desc0INDUSTRY PROMOTION: COLD-FORMED STEEL FRAMING OFFERS ARCHITECTS, BUILDERS AND SPECIFIERS A RANGE OF FEATURES AND BENEFITS THAT ALL CONTRIBUTE TO SHORTER CONSTRUCTION TIMES, LOWER MATERIAL COSTS, SAFER STRUCTURES, AND FASTER REVENUE GENERATION. STEEL IS STRONG, SAFE, DURABLE, VERSATILE AND COST-EFFECTIVE. STEEL HAS THE EXCEPTIONAL ENVIRONMENTAL ADVANTAGE OF BEING HIGHLY RECYCLED AND INFINITELY RECYCLABLE. STEEL IS TOUGH AND DOES NOT ROT, SPAWL, SPLIT OR ABSORB MOISTURE AND IS RESISTANT TO PESTS UNLIKE OTHER BUILDING MATERIALS. AND FROM AN AESTHETIC OR ARCHITECTURAL VIEWPOINT, STEEL STRUCTURES CAN EASILY DELIVER CREATIVE DESIGN OPTIONS AND EXCELLENT VALUE.
IRS990/ProgSrvcAccomActy3Grp/Desc0TECHNICAL PROGRAMS: THE SFIA "TECHNICAL GUIDE FOR COLDFORMED STEEL FRAMING PRODUCTS," PROVIDES A COMPREHENSIVE TOOL FOR DESIGNING WITH COLDFORMED STEEL FRAMING MEMBERS.INCLUDED ARE TABLES FOR SECTION PROPERTIES, ALLOWABLE LIMITING WALL HEIGHTS (COMPOSITE, NON-COMPOSITE, AND CURTAIN WALL), COMBINED AXIAL AND LATERAL LOADS, FLOOR AND ROOF JOIST SPANS, HEADER LOADS, WEB CRIPPLING LOADS, AND CHANNEL PROPERTIES. IN ADDITION, THE TECHNICAL GUIDES PROVIDES NOTES FOR FASTENERS (SCREWS AND WELDS), TYPICAL DETAILS, A GUIDE TO ADDITIONAL TECHNICAL RESOURCES, AS WELL AS A USEFUL EXPLANATION ON READING FIRE RATED ASSEMBLIES.
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/ReportLandBuildingEquipmentInd00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SFIA HAS RETAINED THE ASSOCIATION OF THE WALL AND CEILING INDUSTRY TO PROVIDE MANAGEMENT SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERSHIP OF SFIA CONSISTS OF SEVERAL CLASSES OF MEMBERSHIP SPANNING THE STEEL FRAMING INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANUFACTURER MEMBERS, CONNECTOR & ACCESSORY MANUFACTURER MEMBERS, STEEL MILL MEMBERS, STEEL SERVICE CENTER OR COATINGS PRODUCER MEMBERS, PANEL AND TRUSS FABRICATING MEMBERS, AND EQUIPMENT AND TOOL MANUFACTURER MEMBERS WHO ARE IN GOOD STANDING AND WITH DUES CURRENT ARE ENTITLED TO VOTE ON ANY QUESTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BYLAWS CHANGES MUST BE APPROVED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PRESIDENT WILL REVIEW BEFORE THE 990 IS ISSUED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONSULTING 144,690. ARCHITECTS OUTREACH 98,612. TECHNICAL REPORTS 86,080. PAYROLL & BENEFIT PROCESSING 11,392. ADVOCACY 2,866. OTHER PROFESSIONAL FEES 2,495.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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IRS990/USAddress/AddressLine1Txt0513 W BROAD ST 210
IRS990/USAddress/CityNm0FALLS CHURCH
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022046
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IRS990/WebsiteAddressTxt0WWW.STEELFRAMINGASSOCIATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LARRY WILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07035381613
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STEEL FRAMING INDUSTRY ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0STEE
ReturnHeader/Filer/EIN0274448796
ReturnHeader/Filer/PhoneNum07035381613
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521446779
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHNSON LAMBERT LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04242 SIX FORKS ROAD SUITE 1500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027609
ReturnHeader/PreparerPersonGrp/PhoneNum09197196400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J CALVIN MARKS

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