Civic Intelligence

Appalachian Hardwood Manufacturers Inc

EIN 31-0202520 • 501(c)6 • High Point, NC

View Organization Page

Profile

The organization began in 1928 for the purpose of promoting the unique qualities of hardwood grown and produced in the appalachian region of the united states. Educational programs to support sound forestry practices, protection of the environment and the use of appalachian hardwoods in manufacturing are focused activities. Membership in the organization is open to producers, distributors, suppliers, foresters and interested consumers.

PO Box 427High Point, NC 27261

www.appalachianhardwood.org

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.00x

Higher debt load relative to assets than 32% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.00x

Higher debt load relative to revenue than 33% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

75th percentile

15%

Higher net margin than 75% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

90th percentile

$168,513

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 26.3% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

69th percentile

12%

Faster asset growth than 69% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

78th percentile

22%

Faster revenue growth than 78% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$633,736

Up $67,361 (+12%) from 2023

Liabilities

Down

$3,026

Down $575 (-16%) from 2023

Net Assets

Up

$630,710

Up $67,936 (+12%) from 2023

Operations
Liabilities / Revenue33rd percentileNet Margin75th percentile

Revenue

Up

$640,953

Up $114,153 (+22%) from 2023

Expenses

Up

$546,503

Up $24,496 (+4.7%) from 2023

Net Income

Up

$94,450

Up $89,657 (+1871%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth69th percentile

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

$800K$600K$400K$200K$0Assets 2015: $481,756Liabilities 2015: $0Net Assets 2015: $481,7562015Assets 2016: $444,218Liabilities 2016: $3,205Net Assets 2016: $441,0132016Assets 2017: $513,433Liabilities 2017: $5,930Net Assets 2017: $507,5032017Assets 2018: $467,180Liabilities 2018: $3,672Net Assets 2018: $463,5082018Assets 2019: $498,715Liabilities 2019: $10,058Net Assets 2019: $488,6572019Assets 2020: $523,689Liabilities 2020: $33,191Net Assets 2020: $490,4982020Assets 2021: $558,348Liabilities 2021: $2,920Net Assets 2021: $555,4282021Assets 2022: $537,427Liabilities 2022: $3,775Net Assets 2022: $533,6522022Assets 2023: $566,375Liabilities 2023: $3,601Net Assets 2023: $562,7742023Assets 2024: $633,736Liabilities 2024: $3,026Net Assets 2024: $630,7102024

Highlighted filing

2024

Assets$633,736
Liabilities$3,026
Net Assets$630,710
Open 2024 Filing

Operations Trend

Revenue Growth78th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2015: $369,555Expenses 2015: $365,689Net Income 2015: $3,8662015Revenue 2016: $367,806Expenses 2016: $420,032Net Income 2016: -$52,2262016Revenue 2017: $423,944Expenses 2017: $379,853Net Income 2017: $44,0912017Revenue 2018: $409,706Expenses 2018: $427,687Net Income 2018: -$17,9812018Revenue 2019: $393,873Expenses 2019: $397,003Net Income 2019: -$3,1302019Revenue 2020: $360,463Expenses 2020: $367,273Net Income 2020: -$6,8102020Revenue 2021: $451,599Expenses 2021: $407,936Net Income 2021: $43,6632021Revenue 2022: $509,005Expenses 2022: $477,978Net Income 2022: $31,0272022Revenue 2023: $526,800Expenses 2023: $522,007Net Income 2023: $4,7932023Revenue 2024: $640,953Expenses 2024: $546,503Net Income 2024: $94,4502024

Highlighted filing

2024

Revenue$640,953
Expenses$546,503
Net Income$94,450
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$633,736
Liabilities
$3,026
Net assets
$630,710
Revenue
$640,953
Expenses
$546,503
Net income
$94,450
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.34$0.03$6.31$6.41$5.47$0.94
2023Detailed filing. Detailed filing data is available for this year.$5.66$0.04$5.63$5.27$5.22$0.05
2022Detailed filing. Detailed filing data is available for this year.$5.37$0.04$5.34$5.09$4.78$0.31
2021Detailed filing. Detailed filing data is available for this year.$5.58$0.03$5.55$4.52$4.08$0.44
2020Detailed filing. Detailed filing data is available for this year.$5.24$0.33$4.90$3.60$3.67$0.07
2019Detailed filing. Detailed filing data is available for this year.$4.99$0.10$4.89$3.94$3.97$0.03
2018Detailed filing. Detailed filing data is available for this year.$4.67$0.04$4.64$4.10$4.28$0.18
2017Detailed filing. Detailed filing data is available for this year.$5.13$0.06$5.08$4.24$3.80$0.44
2016Detailed filing. Detailed filing data is available for this year.$4.44$0.03$4.41$3.68$4.20$0.52
2015Detailed filing. Detailed filing data is available for this year.$4.82$0.00$4.82$3.70$3.66$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$640,953
Mission and Program Overview

Mission

The organization began in 1928 for the purpose of promoting the unique qualities of hardwood grown and produced in the appalachian region of the united states. Educational programs to support sound forestry practices, protection of the environment and the use of appalachian hardwoods in manufacturing are focused activities. Membership in the organization is open to producers, distributors, suppliers, foresters and interested consumers.

A manufacturers trade association providing education and promotion of the use of appalachian grown hardwood.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$102,395$201,186▲ $98,791
Investments in Publicly Traded Securities$305,927$196,209▼ $109,718
Land, Buildings, and Equipment, Net$83,550$122,416▲ $38,866
Cash and Non-Interest-Bearing Accounts$73,897$113,319▲ $39,422
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$566,375$633,736▲ $67,361
Other Assets Total$606$606→ $0
Liabilities
Accounts Payable and Accrued Expenses$3,600$3,025▼ $575
Other Liabilities$1$1→ $0
Total Liabilities$3,601$3,026▼ $575
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$562,774$630,710▲ $67,936
Total Net Assets Fund Balance$562,774$630,710▲ $67,936
Total Liabilities and Net Assets / Fund Balance$566,375$633,736▲ $67,361

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$107,684$2,717$110,401
Equipment$14,732$27,357$42,089
Other Land Buildings-$5,834$5,834
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tom InmanPresidentFT$132,096$36,417$168,513

Board Members and Trustees

NameTitle
Roy ZangariChairman
Tom SheetsPast Chairman
Scott CummingsVice Chair
Andy NufferTrustee
Chris OsbornTrustee
Darryl EslingerTrustee
David PiersonTrustee
Dean AlankoTrustee
Jamie ColemanTrustee
Jeff GowderTrustee
Joe PryorTrustee
John PyshTrustee
Mark VollingerTrustee
Ray White JrTrustee
Sebastian ChurchTrustee
Tony HoneycuttTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$621,806
Investment Income
$19,147
Other Revenue
$0
Change in Net Assets
$94,450

Audited Revenue Reconciliation

Revenue per Audited Statements
$640,953
Revenue Not Reported on Form 990
$-26,514
Total Revenue per Audited Statements
$614,439
Total Revenue per Form 990
$640,953
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$314,729
Salaries, Compensation, and Employee Benefits$231,774
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$179,945
Current Officers, Directors, Trustees, and Key Employees---$168,513
Other Salaries and Wages---$38,929
Office Expenses---$17,130
Payroll Taxes---$13,434
Depreciation Depletion---$11,135
Occupancy---$9,349
Travel---$7,083
Other Employee Benefits---$7,005
Fees for Services Accounting---$4,050
Pension Plan Contributions---$3,893
Other Expenses---$907
Fees for Services Other---$763
Total Functional Expenses$0$0$0$546,503

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$546,503
Total Expenses per Audited Statements$546,503
Total Expenses per Form 990$546,503
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization is a trade association for the hardwood industry. Member companies include hardwood producers, distributors, suppliers, foresters and consumers.”

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

“Board members are volunteers from the hardwood industry and live in various parts of the united states. They attend three to four meetings a year in their official capacity. The 990 is presented to the board members at their annual meeting in july of each year. The board members review and approve the 990 during this meeting and the 990 is filed by the extended due date of august 15th.”

Form 990, Part VI, Section B, Line 12C

“Board members review and accept the conflict of interest policy annually. Board members are reminded of the policy at each meeting of the board.”

Form 990, Part VI, Section B, Line 15A

“The president's salary is determined by the board of directors using industry comparability data. The board documents its discussions and decisions.”

Form 990, Part VI, Section C, Line 19

“Governing documents, 990s, policies and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Appalachian Hardwood Manufacturers Inc
EIN
31-0202520
Phone
3368858315
Address
PO BOX 427, HIGH POINT, NC 27261

Signing Officer

Name
Tom Inman
Title
President
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Inman
Formed
1928
Legal Domicile
Nc
Voting Board Members
16
Independent Board Members
16
Employees
2

Preparer

Firm
Joseph R Listman CPA Pc
Address
5802 STARBOARD DR, GREENSBORO, NC 27410
Preparer
Bradley W Whitley CPA
Phone
3362996061
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12PAST CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt13Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt16Trustee
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IRS990/InsuranceGrp/TotalAmt00
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IRS990/InterestGrp/TotalAmt00
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IRS990/MissionDesc0THE ORGANIZATION BEGAN IN 1928 FOR THE PURPOSE OF PROMOTING THE UNIQUE QUALITIES OF HARDWOOD GROWN AND PRODUCED IN THE APPALACHIAN REGION OF THE UNITED STATES. EDUCATIONAL PROGRAMS TO SUPPORT SOUND FORESTRY PRACTICES, PROTECTION OF THE ENVIRONMENT AND THE USE OF APPALACHIAN HARDWOODS IN MANUFACTURING ARE FOCUSED ACTIVITIES. MEMBERSHIP IN THE ORGANIZATION IS OPEN TO PRODUCERS, DISTRIBUTORS, SUPPLIERS, FORESTERS AND INTERESTED CONSUMERS.
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-26514
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0562774
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0630710
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt09349
IRS990/OfficeExpensesGrp/TotalAmt017130
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt07005
IRS990/OtherExpensesGrp/Desc0PROMOTIONS / MATERIALS
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2DUES / SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/TotalAmt077909
IRS990/OtherExpensesGrp/TotalAmt14889
IRS990/OtherExpensesGrp/TotalAmt21569
IRS990/OtherExpensesGrp/TotalAmt3907
IRS990/OtherLiabilitiesGrp/BOYAmt01
IRS990/OtherLiabilitiesGrp/EOYAmt01
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt038929
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt013434
IRS990/PensionPlanContributionsGrp/TotalAmt03893
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IRS990/PoliticalCampaignActyInd0false
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IRS990/PrincipalOfficerNm0TOM INMAN
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IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES & ASSESSM
IRS990/ProgramServiceRevenueGrp/Desc1PROMOTIONAL MATERIALS
IRS990/ProgramServiceRevenueGrp/Desc2PROMOTIONAL PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc3RESOURCE GUIDE
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1121839
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2134835
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt318350
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1121839
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2134835
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt318350
IRS990/ProgSrvcAccomActy2Grp/Desc0PROMOTIONAL AND EDUCATIONAL MATERIALS RE:HARDWOOD INDUSTRY PROVIDED FOR MEMBERS, EDUCATIONAL UNITS, SCHOOLS, CIVIC AND FRATERNAL ORGANIZATIONS.
IRS990/ProgSrvcAccomActy3Grp/Desc0SUPPORT OF OTHER HARDWOOD AND FORESTRY RELATED ORGANIZATIONS AND FOREST RELATED RESEARCH PROJECTS.
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IRS990/PYRevenuesLessExpensesAmt04793
IRS990/PYSalariesCompEmpBnftPaidAmt0219373
IRS990/PYTotalExpensesAmt0522007
IRS990/PYTotalRevenueAmt0526800
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
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IRS990/RelatedEntityInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt02717
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0110401
IRS990ScheduleD/EquipmentGrp/BookValueAmt014732
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027357
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt042089
IRS990ScheduleD/ExpensesSubtotalAmt0546503
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-26514
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05834
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05834
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/RevenueNotReportedAmt0-26514
IRS990ScheduleD/RevenueSubtotalAmt0640953
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0122416
IRS990ScheduleD/TotalExpensesPerForm990Amt0546503
IRS990ScheduleD/TotalLiabilityAmt01
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IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt036417
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TOM INMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0168513
IRS990ScheduleJ/SeverancePaymentInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A TRADE ASSOCIATION FOR THE HARDWOOD INDUSTRY. MEMBER COMPANIES INCLUDE HARDWOOD PRODUCERS, DISTRIBUTORS, SUPPLIERS, FORESTERS AND CONSUMERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE VOLUNTEERS FROM THE HARDWOOD INDUSTRY AND LIVE IN VARIOUS PARTS OF THE UNITED STATES. THEY ATTEND THREE TO FOUR MEETINGS A YEAR IN THEIR OFFICIAL CAPACITY. THE 990 IS PRESENTED TO THE BOARD MEMBERS AT THEIR ANNUAL MEETING IN JULY OF EACH YEAR. THE BOARD MEMBERS REVIEW AND APPROVE THE 990 DURING THIS MEETING AND THE 990 IS FILED BY THE EXTENDED DUE DATE OF AUGUST 15TH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS REVIEW AND ACCEPT THE CONFLICT OF INTEREST POLICY ANNUALLY. BOARD MEMBERS ARE REMINDED OF THE POLICY AT EACH MEETING OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT'S SALARY IS DETERMINED BY THE BOARD OF DIRECTORS USING INDUSTRY COMPARABILITY DATA. THE BOARD DOCUMENTS ITS DISCUSSIONS AND DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, 990S, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false

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