Civic Intelligence

The Electrocoat Association

990 • Fiscal year 2024 • EIN 31-1556281

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

6915 Valley AvenueCincinnati, OH 45244

(816) 496-2308

Siviq Scores

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

Liabilities / Assets

79th percentile

0.18x

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

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.04x

Higher debt load relative to revenue than 66% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

76th percentile

16%

Higher net margin than 76% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$80,150

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 34.3% of source-year revenue.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

91st percentile

51%

Faster asset growth than 91% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

34%

Faster revenue growth than 84% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$48,557

Up $16,400 (+51%) from 2023

Net Assets

Up

$39,958

Up $37,308 (+1408%) from 2023

Liabilities

Down

$8,599

Down $20,908 (-71%) from 2023

Revenue

Up

$233,424

Up $58,693 (+34%) from 2023

Expenses

Down

$196,242

Down $952 (-0.5%) from 2023

Net Income

Up

$37,182

Up $59,645 (+266%) from 2023

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2016: $125,453Liabilities 2016: $8,386Net Assets 2016: $117,0672016Assets 2017: $123,877Liabilities 2017: $10,867Net Assets 2017: $113,0102017Assets 2018: $73,066Liabilities 2018: $5,075Net Assets 2018: $67,9912018Assets 2019: $52,363Liabilities 2019: $27,988Net Assets 2019: $24,3752019Assets 2020: $63,710Liabilities 2020: $9,665Net Assets 2020: $54,0452020Assets 2021: $70,634Liabilities 2021: $15,037Net Assets 2021: $55,5972021Assets 2022: $43,626Liabilities 2022: $20,040Net Assets 2022: $23,5862022Assets 2023: $32,157Liabilities 2023: $29,507Net Assets 2023: $2,6502023Assets 2024: $48,557Liabilities 2024: $8,599Net Assets 2024: $39,9582024Assets 2025: $40,491Liabilities 2025: $13,296Net Assets 2025: $27,1952025

Highlighted filing

2024

Assets$48,557
Liabilities$8,599
Net Assets$39,958

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2016: $206,822Expenses 2016: $168,951Net Income 2016: $37,8712016Revenue 2017: $155,521Expenses 2017: $159,359Net Income 2017: -$3,8382017Revenue 2018: $202,348Expenses 2018: $245,748Net Income 2018: -$43,4002018Revenue 2019: $151,366Expenses 2019: $196,879Net Income 2019: -$45,5132019Revenue 2020: $168,786Expenses 2020: $139,768Net Income 2020: $29,0182020Revenue 2021: $179,475Expenses 2021: $177,361Net Income 2021: $2,1142021Revenue 2022: $187,637Expenses 2022: $217,620Net Income 2022: -$29,9832022Revenue 2023: $174,731Expenses 2023: $197,194Net Income 2023: -$22,4632023Revenue 2024: $233,424Expenses 2024: $196,242Net Income 2024: $37,1822024Revenue 2025: $193,092Expenses 2025: $206,162Net Income 2025: -$13,0702025

Highlighted filing

2024

Revenue$233,424
Expenses$196,242
Net Income$37,182
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jan 31, 2025
Return Version
2024v5.0
Gross Receipts
$233,424
Mission and Program Overview

Mission

The electrocoat association is organized as a business league to represent the global electrocoating industry by promoting use of the technology and communicating the benefits of electrocoating to manufacturers, consumers, and government.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,081$21,874▲ $18,793
Investments in Publicly Traded Securities$21,172$21,298▲ $126
Prepaid Expenses and Deferred Charges$7,117$5,385▼ $1,732
Accounts Receivable$787--
Total Assets$32,157$48,557▲ $16,400
Liabilities
Deferred Revenue$14,442$8,397▼ $6,045
Accounts Payable and Accrued Expenses$15,065$202▼ $14,863
Total Liabilities$29,507$8,599▼ $20,908
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,650$39,958▲ $37,308
Total Net Assets Fund Balance$2,650$39,958▲ $37,308
Total Liabilities and Net Assets / Fund Balance$32,157$48,557▲ $16,400

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$3,984$3,984
Other Land Buildings-$625$625
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karen McglothlinExec. DirectFT$80,150$80,150

Board Members and Trustees

NameTitle
Michael StuhldreherPresident
Aaron LorahDirector
Antonio GallagsDirector
Ben HillDirector
Chris StammerDirector
David GeorgeDirector
Gary OroszDirector
Kirsten KulikDirector
Mike VandenbarkDirector
Suresh PatelPast Preside
Todd LucianoSecretary
Mark RizzoneTreasurer
Rex KrohnVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$103,241
Program Service Revenue
$129,255
Investment Income
$928
Other Revenue
$0
Change in Net Assets
$37,182
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$109,978
Salaries, Compensation, and Employee Benefits$86,264
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$40,050$40,050-$80,100
Conferences and Meetings$19,884--$19,884
Advertising$10,625--$10,625
Fees for Services Accounting-$8,327-$8,327
Payroll Taxes-$6,164-$6,164
Travel$4,545$1,175-$5,720
Other Expenses$6,510$5,651-$5,651
Office Expenses$2,522$3,092-$5,614
Insurance-$3,657-$3,657
Fees for Services Legal-$300-$300
Total Functional Expenses$117,147$79,095$0$196,242
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Backup withholding compliance
No
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
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 9

Todd luciano 6915 valley ave cincinnati, oh 45244 mark rizzone 850 main street wilmington, ma 01887 rex krohn one john deere place moline, il 61265 michael stuhldreher 400 groesbeck highway mt clemens, mi 48043 suresh patel 675 central avenue new providence, nj 07974 david george 32100 stehpenson highway madison heights, mi 48071 ben hill 3933 automation ave. Auburn hills, mi 48326 antonio gallags 10 s. Eleventh avenue evansville, in 47744 mike vandenbark 10225 elizabeth place tampa, fl 33619 chris stammer 1155 s. Neenah avenue sturgeon bay, wi 54235 kirsten kulik 620 boston street laporte, in 46350 gary orosz 151 colfax street springdale, pa 15144 aaron lorah 1340 neubrecht road lima, oh 45801

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

Copies of the tax return and reviewed financial statements are electronically sent to the board members.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
The Electrocoat Association
EIN
31-1556281
Phone
8164962308
Address
6915 VALLEY AVENUE, CINCINNATI, OH 45244

Signing Officer

Name
Michael Stuhldreher
Title
President
Phone
8164962308
Signed
2025-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Stuhldreher
Voting Board Members
13
Independent Board Members
13
Employees
1
Volunteers
13

Preparer

Firm
Shriver & Company Psc
Address
201 EAST FIFTH STREET SUITE 1100, CINCINNATI, OH 45202-4135
Preparer
Douglas C Shriver CPA
Phone
5132411149
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The electrocoat association is organized as a business league to represent the global electrocoating industry by promoting use of the technology and communicating the benefits of electrocoating to manufacturers, consumers, and government.

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

In carrying out the organization's exempt purposes during the year, the electrocoat association focused on educating industries on the costs and benefits of using electrocoating technology. We took down the elm educational video platform and moved the videos to an open platform offering them to our membership in their renewal fees for use in educating and empowering their employees and also to attract new members. We promoted all events and benefits of association participation through the utilization of social media communication (twitter and linkedin) with potential members, members and industry participants as well as email campaigns. We participated in the powder coating institutes powder coating conference held in orlando. The association held two (2) electrocoating boot camps - one in april in orlando, fl and one in september in new boston, mi as a technical training course. We participated in fabtech held in orlando, fl in october which is an industry trade show also held in the fall. Board and committee meetings were held to direct the association's business and marketing strategies for the future. The association continues to sell it's book "electrocoat: a guidebook for finishers." in addition, the website continues to be home for electrocoating information.

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IRS990/OtherExpensesGrp/Desc0TRAINING & EDUCATION
IRS990/OtherExpensesGrp/Desc1MANAGEMENT FEES
IRS990/OtherExpensesGrp/Desc2BANK SERVICE CHARGES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15651
IRS990/OtherExpensesGrp/ProgramServicesAmt033011
IRS990/OtherExpensesGrp/ProgramServicesAmt16510
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IRS990/OtherExpensesGrp/TotalAmt117189
IRS990/OtherExpensesGrp/TotalAmt25651
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06164
IRS990/PayrollTaxesGrp/TotalAmt06164
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07117
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05385
IRS990/PrincipalOfficerNm0MICHAEL STUHLDREHER
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IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0129255
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IRS990/PYInvestmentIncomeAmt089
IRS990/PYOtherExpensesAmt0109049
IRS990/PYProgramServiceRevenueAmt081080
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IRS990/PYSalariesCompEmpBnftPaidAmt088145
IRS990/PYTotalExpensesAmt0197194
IRS990/PYTotalRevenueAmt0174731
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IRS990/ReportOtherLiabilitiesInd0false
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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03984
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0625
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0625
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ELECTROCOAT ASSOCIATION IS ORGANIZED AS A BUSINESS LEAGUE TO REPRESENT THE GLOBAL ELECTROCOATING INDUSTRY BY PROMOTING USE OF THE TECHNOLOGY AND COMMUNICATING THE BENEFITS OF ELECTROCOATING TO MANUFACTURERS, CONSUMERS, AND GOVERNMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN CARRYING OUT THE ORGANIZATION'S EXEMPT PURPOSES DURING THE YEAR, THE ELECTROCOAT ASSOCIATION FOCUSED ON EDUCATING INDUSTRIES ON THE COSTS AND BENEFITS OF USING ELECTROCOATING TECHNOLOGY. WE TOOK DOWN THE ELM EDUCATIONAL VIDEO PLATFORM AND MOVED THE VIDEOS TO AN OPEN PLATFORM OFFERING THEM TO OUR MEMBERSHIP IN THEIR RENEWAL FEES FOR USE IN EDUCATING AND EMPOWERING THEIR EMPLOYEES AND ALSO TO ATTRACT NEW MEMBERS. WE PROMOTED ALL EVENTS AND BENEFITS OF ASSOCIATION PARTICIPATION THROUGH THE UTILIZATION OF SOCIAL MEDIA COMMUNICATION (TWITTER AND LINKEDIN) WITH POTENTIAL MEMBERS, MEMBERS AND INDUSTRY PARTICIPANTS AS WELL AS EMAIL CAMPAIGNS. WE PARTICIPATED IN THE POWDER COATING INSTITUTES POWDER COATING CONFERENCE HELD IN ORLANDO. THE ASSOCIATION HELD TWO (2) ELECTROCOATING BOOT CAMPS - ONE IN APRIL IN ORLANDO, FL AND ONE IN SEPTEMBER IN NEW BOSTON, MI AS A TECHNICAL TRAINING COURSE. WE PARTICIPATED IN FABTECH HELD IN ORLANDO, FL IN OCTOBER WHICH IS AN INDUSTRY TRADE SHOW ALSO HELD IN THE FALL. BOARD AND COMMITTEE MEETINGS WERE HELD TO DIRECT THE ASSOCIATION'S BUSINESS AND MARKETING STRATEGIES FOR THE FUTURE. THE ASSOCIATION CONTINUES TO SELL IT'S BOOK "ELECTROCOAT: A GUIDEBOOK FOR FINISHERS." IN ADDITION, THE WEBSITE CONTINUES TO BE HOME FOR ELECTROCOATING INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TODD LUCIANO 6915 VALLEY AVE CINCINNATI, OH 45244 MARK RIZZONE 850 MAIN STREET WILMINGTON, MA 01887 REX KROHN ONE JOHN DEERE PLACE MOLINE, IL 61265 MICHAEL STUHLDREHER 400 GROESBECK HIGHWAY MT CLEMENS, MI 48043 SURESH PATEL 675 CENTRAL AVENUE NEW PROVIDENCE, NJ 07974 DAVID GEORGE 32100 STEHPENSON HIGHWAY MADISON HEIGHTS, MI 48071 BEN HILL 3933 AUTOMATION AVE. AUBURN HILLS, MI 48326 ANTONIO GALLAGS 10 S. ELEVENTH AVENUE EVANSVILLE, IN 47744 MIKE VANDENBARK 10225 ELIZABETH PLACE TAMPA, FL 33619 CHRIS STAMMER 1155 S. NEENAH AVENUE STURGEON BAY, WI 54235 KIRSTEN KULIK 620 BOSTON STREET LAPORTE, IN 46350 GARY OROSZ 151 COLFAX STREET SPRINGDALE, PA 15144 AARON LORAH 1340 NEUBRECHT ROAD LIMA, OH 45801
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES OF THE TAX RETURN AND REVIEWED FINANCIAL STATEMENTS ARE ELECTRONICALLY SENT TO THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TravelGrp/TotalAmt05720
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IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0400 GROESBECK HIGHWAY
IRS990/USAddress/CityNm0MT CLEMENS
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048043
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IRS990/WebsiteAddressTxt0WWW.ELECTROCOAT.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL STUHLDREHER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08164962308
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE ELECTROCOAT ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0ELEC
ReturnHeader/Filer/EIN0311556281
ReturnHeader/Filer/PhoneNum08164962308
ReturnHeader/Filer/USAddress/AddressLine1Txt06915 VALLEY AVENUE
ReturnHeader/Filer/USAddress/CityNm0CINCINNATI
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0311048645
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SHRIVER & COMPANY PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 EAST FIFTH STREET SUITE 1100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CINCINNATI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0452024135
ReturnHeader/PreparerPersonGrp/PhoneNum05132411149
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOUGLAS C SHRIVER CPA
ReturnHeader/ReturnTs02025-02-09T11:31:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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