Civic Intelligence

Central Fabricators Association Inc

990 • Fiscal year 2022 • EIN 36-2684512

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 18, 2023

Organization ProfileWWW.CENTRALFABRICATORS.ORG
PO Box 68518Grand Rapids, MI 49516

(414) 762-7725

Siviq Scores

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

Liabilities / Assets

56th percentile

0.01x

Higher debt load relative to assets than 56% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

68th percentile

0.05x

Higher debt load relative to revenue than 68% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

10th percentile

-38%

Higher net margin than 10% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

32nd percentile

-8.7%

Faster asset growth than 32% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

9th percentile

-34%

Faster revenue growth than 9% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$464,537

Down $44,060 (-8.7%) from 2021

Net Assets

Down

$458,025

Down $50,324 (-9.9%) from 2021

Liabilities

Up

$6,512

Up $6,264 (+2526%) from 2021

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin10th percentile

Revenue

Down

$134,001

Down $69,547 (-34%) from 2021

Expenses

Up

$184,325

Up $64,693 (+54%) from 2021

Net Income

Down

-$50,324

Down $134,240 (-160%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$800K$600K$400K$200K$0Assets 2011: $284,857Liabilities 2011: $4,283Net Assets 2011: $280,5742011Assets 2012: $256,754Liabilities 2012: $52Net Assets 2012: $256,7022012Assets 2013: $215,877Liabilities 2013: $1,200Net Assets 2013: $214,6772013Assets 2014: $231,169Liabilities 2014: $4,193Net Assets 2014: $226,9762014Assets 2015: $244,273Liabilities 2015: $8,538Net Assets 2015: $235,7352015Assets 2016: $227,371Liabilities 2016: $10,327Net Assets 2016: $217,0442016Assets 2017: $246,208Liabilities 2017: $7,267Net Assets 2017: $238,9412017Assets 2018: $303,415Liabilities 2018: $6,215Net Assets 2018: $297,2002018Assets 2019: $364,612Liabilities 2019: $2,028Net Assets 2019: $362,5842019Assets 2020: $432,012Liabilities 2020: $7,579Net Assets 2020: $424,4332020Assets 2021: $508,597Liabilities 2021: $248Net Assets 2021: $508,3492021Assets 2022: $464,537Liabilities 2022: $6,512Net Assets 2022: $458,0252022Assets 2023: $529,624Liabilities 2023: $10,427Net Assets 2023: $519,1972023Assets 2024: $641,803Liabilities 2024: $15,602Net Assets 2024: $626,2012024

Highlighted filing

2022

Assets$464,537
Liabilities$6,512
Net Assets$458,025
Open 2022 Filing

Operations Trend

Revenue Growth9th percentile

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

$400K$200K$0-$200KRevenue 2011: $102,167Expenses 2011: $109,376Net Income 2011: -$7,2092011Revenue 2012: $95,147Expenses 2012: $119,019Net Income 2012: -$23,8722012Revenue 2013: $92,306Expenses 2013: $129,331Net Income 2013: -$37,0252013Revenue 2014: $136,123Expenses 2014: $123,824Net Income 2014: $12,2992014Revenue 2015: $143,021Expenses 2015: $134,262Net Income 2015: $8,7592015Revenue 2016: $143,865Expenses 2016: $162,556Net Income 2016: -$18,6912016Revenue 2017: $190,516Expenses 2017: $171,119Net Income 2017: $19,3972017Revenue 2018: $230,725Expenses 2018: $172,466Net Income 2018: $58,2592018Revenue 2019: $239,736Expenses 2019: $174,352Net Income 2019: $65,3842019Revenue 2020: $168,874Expenses 2020: $107,025Net Income 2020: $61,8492020Revenue 2021: $203,548Expenses 2021: $119,632Net Income 2021: $83,9162021Revenue 2022: $134,001Expenses 2022: $184,325Net Income 2022: -$50,3242022Revenue 2023: $314,204Expenses 2023: $253,032Net Income 2023: $61,1722023Revenue 2024: $395,390Expenses 2024: $288,386Net Income 2024: $107,0042024

Highlighted filing

2022

Revenue$134,001
Expenses$184,325
Net Income-$50,324
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 18, 2023
Return Version
2022v5.0
Gross Receipts
$134,001
Mission and Program Overview

Mission

To promote the business interests of steel fabricators

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$422,662$431,599▲ $8,937
Accounts Receivable$39,000--
Cash and Non-Interest-Bearing Accounts$27,079$21,776▼ $5,303
Prepaid Expenses and Deferred Charges$19,856$11,162▼ $8,694
Total Assets$508,597$464,537▼ $44,060
Liabilities
Accounts Payable and Accrued Expenses$248$6,512▲ $6,264
Total Liabilities$248$6,512▲ $6,264
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$388,499$440,925▲ $52,426
Net Assets With Donor Restrictions$119,850$17,100▼ $102,750
Total Net Assets Fund Balance$508,349$458,025▼ $50,324
Total Liabilities and Net Assets / Fund Balance$508,597$464,537▼ $44,060
Compensation and Service Providers
Top Officer Pay72nd percentile

Board Members and Trustees

NameTitle
Jason BosscherPresident
Brian WesselDirector
Chris SimonsonDirector
Frieda MaiDirector
Jake ThomasDirector
Jason TurkDirector
Jay StewartDirector
John PeshiaDirector
Margaret HanleyDirector
Mark SelvaggioDirector
Matt McsweeneyDirector
Steve GrandfieldDirector
Steve KnitterDirector
Todd LassanskeDirector
Tony HovengaDirector
Mike Jordan1st Vice Pre
Josh Barten2nd Vice Pre
Peter MetskerExecutive Di
Gary JohnsonSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$107,750
Program Service Revenue
$25,314
Investment Income
$573
Other Revenue
$364
All Other Contributions
$107,750
Change in Net Assets
$-50,324
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$184,325
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$107,177--$107,177
Fees for Services Management-$64,191-$64,191
All Other Expenses-$1,706-$1,706
Other Expenses$4,797$1,439-$1,439
Fees for Services Accounting-$525-$525
Office Expenses-$198-$198
Total Functional Expenses$111,974$72,351$0$184,325
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
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 11B

“Copy of form 990 is provided to governing body and reviewed prior to filing.”

Form 990, Page 6, Part VI, Line 19

“Documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Central Fabricators Association Inc
EIN
36-2684512
Phone
4147627725
Address
PO BOX 68518, GRAND RAPIDS, MI 49516

Signing Officer

Name
Jason Bosscher
Title
President
Phone
4147627725
Signed
2023-04-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Bosscher
Voting Board Members
18
Independent Board Members
18
Employees
0

Preparer

Firm
H&s Companies Pc
Address
PO BOX 9, FREMONT, MI 49412
Preparer
Daniel R Slate
Phone
2319246890
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt025314
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt025314
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0190499
IRS990/PYInvestmentIncomeAmt0359
IRS990/PYOtherExpensesAmt0119632
IRS990/PYOtherRevenueAmt012690
IRS990/PYRevenuesLessExpensesAmt083916
IRS990/PYTotalExpensesAmt0119632
IRS990/PYTotalRevenueAmt0203548
IRS990/ReconcilationRevenueExpnssAmt0-50324
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0422662
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0431599
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY OF FORM 990 IS PROVIDED TO GOVERNING BODY AND REVIEWED PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0508597
IRS990/TotalAssetsEOYAmt0464537
IRS990/TotalAssetsGrp/BOYAmt0508597
IRS990/TotalAssetsGrp/EOYAmt0464537
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0107750
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt072351
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0111974
IRS990/TotalFunctionalExpensesGrp/TotalAmt0184325
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0248
IRS990/TotalLiabilitiesEOYAmt06512
IRS990/TotalLiabilitiesGrp/BOYAmt0248
IRS990/TotalLiabilitiesGrp/EOYAmt06512
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0508349
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0458025
IRS990/TotalProgramServiceRevenueAmt025314
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt026251
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0134001
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0508597
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0464537
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02020 NEWARK SE
IRS990/USAddress/CityNm0GRAND RAPIDS
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049507
IRS990/VotingMembersGoverningBodyCnt018
IRS990/VotingMembersIndependentCnt018
IRS990/WebsiteAddressTxt0WWW.CENTRALFABRICATORS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JASON BOSSCHER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04147627725
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CENTRAL FABRICATORS ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CENT
ReturnHeader/Filer/EIN0362684512
ReturnHeader/Filer/PhoneNum04147627725
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 68518
ReturnHeader/Filer/USAddress/CityNm0GRAND RAPIDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049516
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382563599
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0H&S COMPANIES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 9
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FREMONT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049412
ReturnHeader/PreparerPersonGrp/PhoneNum02319246890
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL R SLATE
ReturnHeader/ReturnTs02023-04-18T09:12:35-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JASON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BOSSCHER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$464,537
Liabilities
$6,512
Net assets
$458,025
Revenue
$134,001
Expenses
$184,325
Net income
-$50,324
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.42$0.16$6.26$3.95$2.88$1.07
2023Detailed filing. Detailed filing data is available for this year.$5.30$0.10$5.19$3.14$2.53$0.61
2022Detailed filing. Detailed filing data is available for this year.$4.65$0.07$4.58$1.34$1.84$0.50
2021Detailed filing. Detailed filing data is available for this year.$5.09$0.00$5.08$2.04$1.20$0.84
2020Detailed filing. Detailed filing data is available for this year.$4.32$0.08$4.24$1.69$1.07$0.62
2019Detailed filing. Detailed filing data is available for this year.$3.65$0.02$3.63$2.40$1.74$0.65
2018Detailed filing. Detailed filing data is available for this year.$3.03$0.06$2.97$2.31$1.72$0.58
2017Detailed filing. Detailed filing data is available for this year.$2.46$0.07$2.39$1.91$1.71$0.19
2016Detailed filing. Detailed filing data is available for this year.$2.27$0.10$2.17$1.44$1.63$0.19
2015Detailed filing. Detailed filing data is available for this year.$2.44$0.09$2.36$1.43$1.34$0.09
2014Detailed filing. Detailed filing data is available for this year.$2.31$0.04$2.27$1.36$1.24$0.12
2013Detailed filing. Detailed filing data is available for this year.$2.16$0.01$2.15$0.92$1.29$0.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$0.00$2.57$0.95$1.19$0.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.85$0.04$2.81$1.02$1.09$0.07