Civic Intelligence

American Wire Producers Association

990 • Fiscal year 2018 • EIN 36-3183692

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 23, 2019

PO Box 151387Alexandria, VA 22315-1387

(703) 299-4434

Siviq Scores

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

Liabilities / Assets

54th percentile

0.09x

Higher debt load relative to assets than 54% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

60th percentile

0.11x

Higher debt load relative to revenue than 60% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Net Margin

12th percentile

-12%

Higher net margin than 12% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

42nd percentile

$0

Higher top officer pay than 42% of similar nonprofits.

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

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Asset Growth

9th percentile

-20%

Faster asset growth than 9% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-25%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$663,794

Down $169,973 (-20%) from 2017

Net Assets

Down

$601,818

Down $62,861 (-9.5%) from 2017

Liabilities

Down

$61,976

Down $107,112 (-63%) from 2017

Revenue

Down

$542,271

Down $184,671 (-25%) from 2017

Expenses

Down

$605,458

Down $160,238 (-21%) from 2017

Net Income

Down

-$63,187

Down $24,433 (-63%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $706,008Liabilities 2012: $31,115Net Assets 2012: $674,8932012Assets 2013: $777,618Liabilities 2013: $67,564Net Assets 2013: $710,0542013Assets 2015: $813,723Liabilities 2015: $78,284Net Assets 2015: $735,4392015Assets 2016: $772,219Liabilities 2016: $68,301Net Assets 2016: $703,9182016Assets 2017: $833,767Liabilities 2017: $169,088Net Assets 2017: $664,6792017Assets 2018: $663,794Liabilities 2018: $61,976Net Assets 2018: $601,8182018Assets 2019: $658,877Liabilities 2019: $33,748Net Assets 2019: $625,1292019Assets 2020: $707,625Liabilities 2020: $35,613Net Assets 2020: $672,0122020Assets 2021: $760,786Liabilities 2021: $67,765Net Assets 2021: $693,0212021Assets 2022: $805,018Liabilities 2022: $41,189Net Assets 2022: $763,8292022Assets 2024: $1,114,425Liabilities 2024: $397,642Net Assets 2024: $716,7832024

Highlighted filing

2018

Assets$663,794
Liabilities$61,976
Net Assets$601,818

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $567,9232012Revenue 2013: $565,263Expenses 2013: $529,572Net Income 2013: $35,6912013Revenue 2015: $601,199Expenses 2015: $603,382Net Income 2015: -$2,1832015Revenue 2016: $575,422Expenses 2016: $606,943Net Income 2016: -$31,5212016Revenue 2017: $726,942Expenses 2017: $765,696Net Income 2017: -$38,7542017Revenue 2018: $542,271Expenses 2018: $605,458Net Income 2018: -$63,1872018Revenue 2019: $608,558Expenses 2019: $586,109Net Income 2019: $22,4492019Revenue 2020: $509,934Expenses 2020: $461,700Net Income 2020: $48,2342020Revenue 2021: $433,984Expenses 2021: $412,943Net Income 2021: $21,0412021Revenue 2022: $625,851Expenses 2022: $555,043Net Income 2022: $70,8082022Revenue 2024: $730,732Expenses 2024: $756,908Net Income 2024: -$26,1762024

Highlighted filing

2018

Revenue$542,271
Expenses$605,458
Net Income-$63,187
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 23, 2019
Return Version
2018v3.1
Gross Receipts
$542,271
Mission and Program Overview

Mission

To provide an educational, interactive industry forum and lobby that supports and promotes the global competitiveness, and acts in the best interests, of the north american wire and wire products manufacturers.

To serve the industry and trade related to the production of carbon, alloy and stainless steel wire products.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$685,410$626,678▼ $58,732
Prepaid Expenses and Deferred Charges$10,262$12,845▲ $2,583
Accounts Receivable$59,906$12,530▼ $47,376
Cash and Non-Interest-Bearing Accounts$64,856$11,741▼ $53,115
Total Assets$833,767$663,794▼ $169,973
Other Assets Total$13,333$0▼ $13,333
Liabilities
Accounts Payable and Accrued Expenses$151,175$34,461▼ $116,714
Deferred Revenue$17,783$27,515▲ $9,732
Other Liabilities$130--
Grants Payable$0--
Total Liabilities$169,088$61,976▼ $107,112
Net Assets / Fund Balance
Unrestricted Net Assets$659,151$595,240▼ $63,911
Temporarily Rstr Net Assets$5,528$6,578▲ $1,050
Total Net Assets Fund Balance$664,679$601,818▼ $62,861
Total Liabilities and Net Assets / Fund Balance$833,767$663,794▼ $169,973

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$5,528$1,050-$0$6,578
2017$6,631$200-$1,303$5,528
2016$7,411$600-$1,380$6,631
2015$7,111$300--$7,411
2014$6,461$650--$7,111
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bob MoffittPast President
Ho WoltzPast President
John MartinPast President
Milton MagnusPast President
John T Johnson JrPresident
Paul FromVice President
Timothy W BeckerVice President
Alan LoganDirector
Alex NedergaardDirector
David GillespieDirector
Dominik EndlerDirector
Fernando VillanuevaDirector
Murat AskinDirector
Nancy TaubenseeDirector
Rich SarverDirector
Robert MckinzieDirector
Scott BernsteinDirector
Timothy SelhorstDirector
Tom DuffDirector
Kimberly KorbelExecutive Director
Brian BurrTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Amber Association Partners LLCManagement And Administrative Services7033 STONE INLET DRIVE, Fort Belvoir, VA 22060$271,616
Vorys Sater Seymoure & Pease LLPLegal ServicesPO BOX 73487, Cleveland, OH 44193$126,685
Revenue and Support

Revenue Composition

Contributions and Grants
$1,050
Program Service Revenue
$534,930
Investment Income
$6,226
Other Revenue
$65
All Other Contributions
$1,050
Change in Net Assets
$-63,187

Audited Revenue Reconciliation

Revenue per Audited Statements
$542,271
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$24,953
Total Revenue per Audited Statements
$567,224
Total Revenue per Form 990
$542,271
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$605,458
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---$203,413
Fees for Services Management---$165,000
Fees for Services Accounting---$37,854
Fees for Services Legal---$30,000
Fees for Services Lobbying---$26,393
All Other Expenses---$24,282
Other Expenses---$17,348
Travel---$6,147
Insurance---$1,937
Total Functional Expenses$0$0$0$605,458

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$630,085
Expenses per Audited Statements$605,458
Total Expenses per Form 990$605,458
Expenses Not Reported on Form 990$24,627
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
Total Nondeductible Lobbying and Political Cost$29,334
Current Year Nondeductible Lobbying and Political Cost$650
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

The members of the board of directors share a number of business relationships. The members of the board of directors do not share any family relationships.

Form 990, Part VI, Section A, Line 3

The association entered into an agreement with amber association partners llc for management services.

Form 990, Part VI, Section A, Line 6

Its membership is comprised of active (voting) and associate (non-voting) members. Active members are the us independent wire companies that purchase wire rod as raw materials. Associate memberships include us wire manufacturers (not independent from a raw material source)and wire companies in canada and mexico that include rod manufacturers and suppliers (machinery, equipment, chemicals, etc.)

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

The members elect the governing body based on an annual vote.

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

The executive director will review the form 990.

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

Officers, directors and trustees of the association are required to sign documentation annually stating they are not in violation of the conflict of interest policy.

Form 990, Part VI, Section C, Line 19

American wire producers association's governing documents, policies, and financial statements are available upon request at the office of amber association partners, llc. Form 990 is available at the office of amber association partners, llc.

Filing and Contact Details

Filer

Filer Name
American Wire Producers
EIN
36-3183692
Phone
7032994434
Address
PO BOX 151387, ALEXANDRIA, VA 22315-1387

Signing Officer

Name
Kimberly Korbel
Title
Executive Director
Phone
7032990000
Signed
2019-08-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimberly Korbel
Formed
1982
Legal Domicile
Dc
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
20

Preparer

Firm
Renner and Company CPA Pc
Address
700 NORTH FAIRFAX ST SUITE 400, ALEXANDRIA, VA 22314
Preparer
Andrew E Young CPA
Phone
7035351200
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The oversight process and selection process has not changed during the tax year. The executive committee serves as the governing body with responsibility for audit oversight.

Financial Statement Notes

PART V, LINE 4:

The association's restricted funds consist of contributions related to the max moore memorial fund.

PART X, LINE 2:

The association is exempt from income taxes under section 501(c)(6) of the internal revenue code, except for the taxation of unrelated business income. The association conducted no taxable activities for the year ended december 31, 2018. Accordingly, no provision for income taxes has been provided in the financial statements. In accounting for uncertainty in income taxes, accounting standards require an entity to recognize the financial statement impact of a tax position when it is more-likely-than-not that the position will not be sustained upon examination. Management evaluated the association's tax positions and concluded there are no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance.

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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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20EXECUTIVE DIRECTOR
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IRS990/MissionDesc0TO PROVIDE AN EDUCATIONAL, INTERACTIVE INDUSTRY FORUM AND LOBBY THAT SUPPORTS AND PROMOTES THE GLOBAL COMPETITIVENESS, AND ACTS IN THE BEST INTERESTS, OF THE NORTH AMERICAN WIRE AND WIRE PRODUCTS MANUFACTURERS.
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IRS990/OtherExpensesGrp/Desc2WEBSITE
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IRS990/ProgSrvcAccomActy2Grp/Desc0IN 2018, AFTER THE ANNOUNCEMENT OF THE SECTION 232 TARIFFS ON STEEL IMPORTS, AWPA AUTHORIZED FUNDS TO MONITOR AND ASSIST MEMBERS. AFTER THE ANNOUNCEMENT OF TARIFFS ON IMPORTS FROM CHINA, UNDER SECTION 301, FUNDS WERE AUTHORIZED TO ASSEMBLE DATA AND SUBMIT COMMENTS ON THE INCLUSION OF WIRE PRODUCTS. IT WAS APPROVED THAT COSTS WOULD COME FROM INVESTMENT FUNDS, RATHER THAN BE INVOICED TO MEMBERS.
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IRS990ScheduleD/RevenueSubtotalAmt0542271
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION'S RESTRICTED FUNDS CONSIST OF CONTRIBUTIONS RELATED TO THE MAX MOORE MEMORIAL FUND.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, EXCEPT FOR THE TAXATION OF UNRELATED BUSINESS INCOME. THE ASSOCIATION CONDUCTED NO TAXABLE ACTIVITIES FOR THE YEAR ENDED DECEMBER 31, 2018. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THE FINANCIAL STATEMENTS. IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ACCOUNTING STANDARDS REQUIRE AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. MANAGEMENT EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS OF THE BOARD OF DIRECTORS SHARE A NUMBER OF BUSINESS RELATIONSHIPS. THE MEMBERS OF THE BOARD OF DIRECTORS DO NOT SHARE ANY FAMILY RELATIONSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION ENTERED INTO AN AGREEMENT WITH AMBER ASSOCIATION PARTNERS LLC FOR MANAGEMENT SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ITS MEMBERSHIP IS COMPRISED OF ACTIVE (VOTING) AND ASSOCIATE (NON-VOTING) MEMBERS. ACTIVE MEMBERS ARE THE US INDEPENDENT WIRE COMPANIES THAT PURCHASE WIRE ROD AS RAW MATERIALS. ASSOCIATE MEMBERSHIPS INCLUDE US WIRE MANUFACTURERS (NOT INDEPENDENT FROM A RAW MATERIAL SOURCE)AND WIRE COMPANIES IN CANADA AND MEXICO THAT INCLUDE ROD MANUFACTURERS AND SUPPLIERS (MACHINERY, EQUIPMENT, CHEMICALS, ETC.)

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