Civic Intelligence

Concrete Reinforcing Steel Institute

EIN 36-0940990 • 501(c)6 • Schaumburg, IL

Profile

The mission of the concrete reniforcing steel institute is to maximize the use of steel reinforcement in concrete construction.

933 North Plum Grove RoadSchaumburg, IL 60173

www.crsi.org

Siviq Scores

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

Liabilities / Assets

28th percentile

0.08x

Higher debt load relative to assets than 28% of similar nonprofits.

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

Liabilities / Revenue

23rd percentile

0.09x

Higher debt load relative to revenue than 23% of similar nonprofits.

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

Net Margin

51st percentile

4.8%

Higher net margin than 51% of similar nonprofits.

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

Top Officer Pay

50th percentile

$276,578

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

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

Asset Growth

65th percentile

8.9%

Faster asset growth than 65% of similar nonprofits.

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

Revenue Growth

55th percentile

7.2%

Faster revenue growth than 55% of similar nonprofits.

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

Assets

Up

$5,647,250

Up $462,712 (+8.9%) from 2023

Liabilities

Up

$468,060

Up $137,157 (+41%) from 2023

Net Assets

Up

$5,179,190

Up $325,555 (+6.7%) from 2023

Revenue

Up

$5,330,647

Up $356,424 (+7.2%) from 2023

Expenses

Down

$5,072,635

Down $171,254 (-3.3%) from 2023

Net Income

Up

$258,012

Up $527,678 (+196%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2014: $2,643,845Liabilities 2014: $1,057,260Net Assets 2014: $1,586,5852014Assets 2015: $2,984,272Liabilities 2015: $1,179,656Net Assets 2015: $1,804,6162015Assets 2016: $3,058,936Liabilities 2016: $946,406Net Assets 2016: $2,112,5302016Assets 2017: $3,737,456Liabilities 2017: $1,135,453Net Assets 2017: $2,602,0032017Assets 2018: $3,827,798Liabilities 2018: $850,607Net Assets 2018: $2,977,1912018Assets 2019: $4,606,194Liabilities 2019: $772,615Net Assets 2019: $3,833,5792019Assets 2020: $5,350,106Liabilities 2020: $874,163Net Assets 2020: $4,475,9432020Assets 2021: $5,484,818Liabilities 2021: $269,873Net Assets 2021: $5,214,9452021Assets 2022: $5,159,382Liabilities 2022: $185,824Net Assets 2022: $4,973,5582022Assets 2023: $5,184,538Liabilities 2023: $330,903Net Assets 2023: $4,853,6352023Assets 2024: $5,647,250Liabilities 2024: $468,060Net Assets 2024: $5,179,1902024

Highlighted filing

2024

Assets$5,647,250
Liabilities$468,060
Net Assets$5,179,190

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $4,662,576Expenses 2014: $4,493,374Net Income 2014: $169,2022014Revenue 2015: $4,891,062Expenses 2015: $4,587,168Net Income 2015: $303,8942015Revenue 2016: $4,910,930Expenses 2016: $4,797,336Net Income 2016: $113,5942016Revenue 2017: $4,787,297Expenses 2017: $4,342,317Net Income 2017: $444,9802017Revenue 2018: $4,976,984Expenses 2018: $4,482,957Net Income 2018: $494,0272018Revenue 2019: $5,182,636Expenses 2019: $4,361,572Net Income 2019: $821,0642019Revenue 2020: $4,305,447Expenses 2020: $3,530,241Net Income 2020: $775,2062020Revenue 2021: $4,593,584Expenses 2021: $4,073,211Net Income 2021: $520,3732021Revenue 2022: $4,807,530Expenses 2022: $4,752,432Net Income 2022: $55,0982022Revenue 2023: $4,974,223Expenses 2023: $5,243,889Net Income 2023: -$269,6662023Revenue 2024: $5,330,647Expenses 2024: $5,072,635Net Income 2024: $258,0122024

Highlighted filing

2024

Revenue$5,330,647
Expenses$5,072,635
Net Income$258,012

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 29, 2025
Return Version
2024v5.2
Gross Receipts
$5,597,417
Mission and Program Overview

Mission

The mission of the concrete reniforcing steel institute is to maximize the use of steel reinforcement in concrete construction.

To promote and increase the use of steel reinforced concrete construction

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,428,579$2,511,637▲ $83,058
Investments in Publicly Traded Securities$1,396,108$1,549,835▲ $153,727
Cash and Non-Interest-Bearing Accounts$517,677$696,056▲ $178,379
Accounts Receivable$271,376$343,931▲ $72,555
Inventories for Sale or Use$219,700$235,631▲ $15,931
Prepaid Expenses and Deferred Charges$159,809$126,340▼ $33,469
Land, Buildings, and Equipment, Net$93,485$88,135▼ $5,350
Total Assets$5,184,538$5,647,250▲ $462,712
Other Assets Total$97,804$95,685▼ $2,119
Liabilities
Accounts Payable and Accrued Expenses$134,089$243,270▲ $109,181
Other Liabilities$103,164$147,540▲ $44,376
Deferred Revenue$93,650$77,250▼ $16,400
Total Liabilities$330,903$468,060▲ $137,157
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,802,119$5,130,857▲ $328,738
Net Assets With Donor Restrictions$51,516$48,333▼ $3,183
Total Net Assets Fund Balance$4,853,635$5,179,190▲ $325,555
Total Liabilities and Net Assets / Fund Balance$5,184,538$5,647,250▲ $462,712

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$21,487$706,101$727,588
Equipment$21,648$255,886$277,534
Land$45,000-$45,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kleinhans Danielle Left 110424Staff Liason / PresidentFT$236,279$40,299$276,578
Fanella DavidSenior Director of EngineeFT$175,300$42,312$217,612
Trygestad AmyDirector of Codes & StandaFT$173,763$29,882$203,645
Chiappone MikeControllerFT$156,200$29,765$185,965
Kinchler RobertRegion ManagerFT$142,700$20,198$162,898
Bott KevinEig Managing DirectorFT$135,000$19,736$154,736

Board Members and Trustees

NameTitle
Cottrell BradChairman
Estep JeffPast Chairman
Simmet AdamVice-chairman
Anaya JuanaDirector
Belland AndreDirector
Bodily MicahDirector
Brack WilliamDirector
Colarusso LouisDirector
Couturier BillDirector
Dailey RobDirector
Faircloth RobDirector
Johnson ErikDirector
Johnson RonnieDirector
Mcclean RobertDirector
Mccornack ScottDirector
Mcmanus EugeneDirector
Sayers CarrieDirector
Schewe MatthewDirector
Tokos DaveDirector
Peters SpenceDIRECTOR (TERM'D IN 2024)
Alwin Mary ElizabethEx-officio
Hall Jr RobertEx-officio
Hennings BethanySecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$50,000
Program Service Revenue
$4,568,899
Investment Income
$171,093
Other Revenue
$540,655
All Other Contributions
$50,000
Change in Net Assets
$258,012

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,330,647
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$342,535
Total Revenue per Audited Statements
$5,673,182
Total Revenue per Form 990
$5,330,647
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,647,617
Other Expenses$2,425,018
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,866,728
Conferences and Meetings---$699,845
Fees for Services Other---$462,262
Travel---$282,593
Current Officers, Directors, Trustees, and Key Employees---$276,578
Other Employee Benefits---$224,821
Information Technology---$202,426
Payroll Taxes---$168,968
Pension Plan Contributions---$110,522
Advertising---$91,062
Office Expenses---$79,273
Fees for Services Legal---$76,357
Fees for Services Management---$72,500
Depreciation Depletion---$61,661
Occupancy---$48,978
Insurance---$41,257
Fees for Services Accounting---$37,171
Other Expenses---$10,643
All Other Expenses---$7,952
Total Functional Expenses$0$0$0$5,072,635

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,344,405
Expenses per Audited Statements$5,072,635
Total Expenses per Form 990$5,072,635
Expenses Not Reported on Form 990$271,770
Expenses Not Reported on Financial Statements$0
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$13,468
Total Nondeductible Lobbying and Political Cost$13,468
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Others$116,190
Operating Lease Liability$31,350
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Brad cottrell, rob dailey, robert mcclean and matthew schewe have a business relationship. Mary alwin, erik johnson, and ronnie johnson have a business relationship. William brack and eugene mcmanus have a business relationship.

Form 990, Part VI, Section A, Line 6

The institute is supported by membership dues paid by members.

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

Members of the board of directors are elected by a majority of the voting members present in person or in proxy at the annual meeting of members. Each elected director holds office for a period of three years.

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

Form 990 is made available to the members of the audit committee, made up of members of the board of directors, prior to filing.

Form 990, Part VI, Section B, Line 15

The executive committee, on behalf of the board of directors, reviews, discusses and deliberates to determine the president's compensation. The board of directors approves a budget and the president determines compensation for other officers and key employees.

Form 990, Part VI, Section C, Line 19

The institute's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Concrete Reinforcing Steel Institute
EIN
36-0940990
Phone
8475171200
Address
933 NORTH PLUM GROVE ROAD, SCHAUMBURG, IL 60173

Signing Officer

Name
Lou Parous
Title
President & CEO
Phone
8475171200
Signed
2025-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Cottrell
Formed
1924
Legal Domicile
Il
Voting Board Members
21
Independent Board Members
21
Employees
20
Volunteers
289

Preparer

Firm
Selden Fox Ltd
Address
ONE PARKVIEW PLAZA SUITE 710, OAKBROOK TERRACE, IL 60181
Preparer
Paul J Rozek
Phone
6309541400
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 2C, AUDIT COMMITTEE:

The audit committee has responsibility for oversight of the audit and selection of the independent auditors. The audit committee discusses the audit with the independent auditors on at least an annual basis.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of sales reported in form 990, part viii 266,770. Political contributions received by crsi pac which files a separate return 8,222.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of sales reported in form 990, part viii 266,770. Political contributions paid by crsi pac which files a separate return 5,000.

Raw XML AppendixShowing 400 of 710 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/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR (TERM'D IN 2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23STAFF LIASON / PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR OF CODES & STANDA
IRS990/Form990PartVIISectionAGrp/TitleTxt25EIG MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26SENIOR DIRECTOR OF ENGINEE
IRS990/Form990PartVIISectionAGrp/TitleTxt27CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt28REGION MANAGER
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