Civic Intelligence

Gypsum Association

EIN 36-1177840 • 501(c)6 • Silver Spring, MD

Profile

Provide membership services for businesses in Gypsum industry.

962 Wayne AvenueSilver Spring, MD 20910

www.gypsum.org

Siviq Scores

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

Liabilities / Assets

75th percentile

0.36x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

41st percentile

0.11x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Net Margin

23rd percentile

-3.8%

Higher net margin than 23% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

87th percentile

$296,137

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 15.4% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Asset Growth

5th percentile

-27%

Faster asset growth than 5% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

46th percentile

4.2%

Faster revenue growth than 46% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$568,867

Down $205,297 (-27%) from 2024

Liabilities

Down

$202,692

Down $133,131 (-40%) from 2024

Net Assets

Down

$366,175

Down $72,166 (-16%) from 2024

Revenue

Up

$1,918,532

Up $77,927 (+4.2%) from 2024

Expenses

Up

$1,990,698

Up $245,286 (+14%) from 2024

Net Income

Down

-$72,166

Down $167,359 (-176%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2013: $908,661Liabilities 2013: $712,477Net Assets 2013: $196,1842013Assets 2014: $978,918Liabilities 2014: $605,767Net Assets 2014: $373,1512014Assets 2015: $733,406Liabilities 2015: $226,480Net Assets 2015: $506,9262015Assets 2016: $594,661Liabilities 2016: $58,357Net Assets 2016: $536,3042016Assets 2017: $838,188Liabilities 2017: $35,153Net Assets 2017: $803,0352017Assets 2018: $688,563Liabilities 2018: $102,458Net Assets 2018: $586,1052018Assets 2020: $358,430Liabilities 2020: $154,760Net Assets 2020: $203,6702020Assets 2021: $764,307Liabilities 2021: $335,974Net Assets 2021: $428,3332021Assets 2022: $553,449Liabilities 2022: $119,380Net Assets 2022: $434,0692022Assets 2023: $681,954Liabilities 2023: $338,806Net Assets 2023: $343,1482023Assets 2024: $774,164Liabilities 2024: $335,823Net Assets 2024: $438,3412024Assets 2025: $568,867Liabilities 2025: $202,692Net Assets 2025: $366,1752025

Highlighted filing

2025

Assets$568,867
Liabilities$202,692
Net Assets$366,175

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2013: $1,223,9492013Revenue 2014: $1,430,354Expenses 2014: $1,301,476Net Income 2014: $128,8782014Revenue 2015: $1,491,685Expenses 2015: $1,546,365Net Income 2015: -$54,6802015Revenue 2016: $1,446,122Expenses 2016: $1,294,967Net Income 2016: $151,1552016Revenue 2017: $1,424,605Expenses 2017: $1,192,449Net Income 2017: $232,1562017Revenue 2018: $1,365,665Expenses 2018: $1,449,349Net Income 2018: -$83,6842018Revenue 2020: $1,525,115Expenses 2020: $1,589,264Net Income 2020: -$64,1492020Revenue 2021: $1,624,373Expenses 2021: $1,399,710Net Income 2021: $224,6632021Revenue 2022: $1,608,269Expenses 2022: $1,602,533Net Income 2022: $5,7362022Revenue 2023: $1,632,653Expenses 2023: $1,723,574Net Income 2023: -$90,9212023Revenue 2024: $1,840,605Expenses 2024: $1,745,412Net Income 2024: $95,1932024Revenue 2025: $1,918,532Expenses 2025: $1,990,698Net Income 2025: -$72,1662025

Highlighted filing

2025

Revenue$1,918,532
Expenses$1,990,698
Net Income-$72,166

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2024 to Apr 30, 2025
Signed
Sep 11, 2025
Return Version
2024v5.2
Gross Receipts
$1,918,532
Mission and Program Overview

Mission

Provide membership services for businesses in Gypsum industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$278,719$379,809▲ $101,090
Cash and Non-Interest-Bearing Accounts$171,107$48,037▼ $123,070
Prepaid Expenses and Deferred Charges$32,523$25,561▼ $6,962
Land, Buildings, and Equipment, Net$12,407$8,341▼ $4,066
Accounts Receivable$113,500$5,333▼ $108,167
Total Assets$774,164$568,867▼ $205,297
Other Assets Total$165,908$101,786▼ $64,122
Liabilities
Other Liabilities$190,144$114,629▼ $75,515
Accounts Payable and Accrued Expenses$145,679$88,063▼ $57,616
Total Liabilities$335,823$202,692▼ $133,131
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$438,341$366,175▼ $72,166
Total Net Assets Fund Balance$438,341$366,175▼ $72,166
Total Liabilities and Net Assets / Fund Balance$774,164$568,867▼ $205,297

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,341$25,392$33,733
Other Land Buildings$0$11,677$11,677
Land$0--
Other Assets Org$6,955--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen H Meima--$193,734$103,760$297,494
Stephen H MeimaSecretary/ED (05/01/24 - 04/30/25)FT$247,475$48,662$296,137
Peter M Schmeida--$149,445$34,479$183,924
Peter M SchmeidaDirector of Codes, Standards and Research (05/01/24 - 04/30/25)FT$161,611$21,722$183,333
Susan E Hines--$130,379$42,170$172,549
Susan E HinesDirector, Stewardship and External Affairs (05/01/24 - 03/31/25)FT$144,085$27,220$171,305
Greg Woolley--$131,334$38,864$170,198
Greg WoolleyTechnical and Market Advisor (05/01/24 - 04/30/25)FT$142,270$27,058$169,328

Board Members and Trustees

NameTitle
Michelle IvyChair (05/01/24 - 04/30/25)
Curt LoringVice Chair (05/01/24 - 04/30/25)
Craig RobertsonAt-Large (05/01/24 - 04/30/25)
Marcel GirouardAt-Large (05/01/24 - 04/30/25)
Nicolas Alverde VillarealAt-Large (05/01/24 - 04/30/25)
Peter BauerAt-Large (05/01/24 - 04/30/25)
Phil BonnellAt-Large (05/01/24 - 04/30/25)
Gregory McCownTreasurer (05/01/24 - 04/30/25)

Highest Paid Contractors

ContractorServicesLocationCompensation
Baker McKenzieLegal Services815 Connecticut Ave NW, Washington, DC 20006$125,036
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,885,495
Investment Income
$33,037
Other Revenue
$0
Change in Net Assets
$-72,166

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,918,532
Total Revenue per Audited Statements
$1,918,532
Total Revenue per Form 990
$1,918,532
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,112,875
Other Expenses$877,823
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$516,371$99,582$0$615,953
Fees for Services Other$383,473$1,372$0$384,845
Current Officers, Directors, Trustees, and Key Employees$158,359$158,360$0$316,719
Fees for Services Legal$95,178$34,122$0$129,300
Travel$73,064$0$0$73,064
Office Expenses$52,598$18,857$0$71,455
Occupancy$51,741$18,550$0$70,291
Payroll Taxes$46,794$16,776$0$63,570
Other Employee Benefits$49,481$9,453$0$58,934
Pension Plan Contributions$48,182$9,517$0$57,699
Conferences and Meetings$0$39,742$0$39,742
Fees for Services Lobbying$31,500$0$0$31,500
Advertising$30,283$0$0$30,283
Fees for Services Accounting$1,508$20,360$0$21,868
Insurance$10,187$3,652$0$13,839
Other Expenses$7,318$252$0$7,570
Depreciation Depletion$2,993$1,073$0$4,066
Total Functional Expenses$1,559,030$431,668$0$1,990,698

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,990,698
Total Expenses per Audited Statements$1,990,698
Total Expenses per Form 990$1,990,698
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$31,500
Total Nondeductible Lobbying and Political Cost$31,500
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating lease liability$114,629
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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
Filing and Contact Details

Filer

Filer Name
Gypsum Association
EIN
36-1177840
Phone
3012778686
Address
962 Wayne Avenue, Silver Spring, MD 20910

Signing Officer

Name
Stephen H Meima
Title
Secretary/Executive Director
Phone
3012778686
Signed
2025-09-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen H Meima
Formed
1961
Legal Domicile
Md
Voting Board Members
6
Independent Board Members
6
Employees
6
Volunteers
0

Preparer

Firm
Kronzek Fisher & Lopez PLLC
Address
607 2nd Street NE, Washington, DC 20002
Preparer
Jerry Lopez
Phone
2028539060
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

Every regular member appoints one individual to the Board of Directors.

Pt VI, Line 11B

The Executive Director receives a copy of the Form 990 from the auditors, which is forwarded electronically to the Board of Directors for review and comments.

Pt VI, Line 12C

The Gypsum Association Conflict of Interest Policy statement and related disclosure form will be distributed to staff members on an annual basis. Staff is requested to return a signed disclosure form to the Executive Director.

Pt VI, Line 15A

The Executive Directors compensation review is conducted by an internal three-person panel and confirmed by the Board of Directors. National compensation reports are purchased by the organization and used to benchmark the compensation package. Compensation of all employees is established by the Executive Director. Salary pool for all employees is confirmed by the Board of Directors during its annual budget preparation.

Pt VI, Line 19

Currently all policies and financial information are made available upon request.

Form 990, Part IX, Line 11G

Technical research 68163. 68163. 0. 0.

Form 990, Part IX, Line 11G

EIC programs 216379. 216379. 0. 0.

Form 990, Part IX, Line 11G

Other professional fees 100303. 98931. 1372. 0.

Financial Statement Notes

Pt X, Line 2

The Association is exempt from income taxes under the Internal Revenue Code 501(c)(6) and applicable MD statutes. The Association does have a tax liability for proxy tax on lobbying activities. The Association follows FASB ASC 740 Income Taxes the authoritative guidance relating to accounting for uncertainty in income taxes recognized in an entitys financial statements and prescribe a threshold of more likely than not for recognition and derecognition of tax positions taken or expected to be taken in a tax return. The Association performed an evaluation of uncertain tax positions for the year ended April 30, 2025, and determined that there were no matters that would require recognition in the financial statements or which may have any effect on its tax exempt status. As of April 30, 2025, the statue of limitations for the tax years 2021 through 2023 remains open with Federal and state authorities.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Secretary/ED (05/01/24 - 04/30/25)
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Director, Stewardship and External Affairs (05/01/24 - 03/31/25)
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chair (05/01/24 - 04/30/25)
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice Chair (05/01/24 - 04/30/25)
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Association is exempt from income taxes under the Internal Revenue Code 501(c)(6) and applicable MD statutes. The Association does have a tax liability for proxy tax on lobbying activities. The Association follows FASB ASC 740 Income Taxes the authoritative guidance relating to accounting for uncertainty in income taxes recognized in an entitys financial statements and prescribe a threshold of more likely than not for recognition and derecognition of tax positions taken or expected to be taken in a tax return. The Association performed an evaluation of uncertain tax positions for the year ended April 30, 2025, and determined that there were no matters that would require recognition in the financial statements or which may have any effect on its tax exempt status. As of April 30, 2025, the statue of limitations for the tax years 2021 through 2023 remains open with Federal and state authorities.
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