Civic Intelligence

Structural Building Components

990 • Fiscal year 2019 • EIN 36-3249685

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 26, 2020

6300 Enterprise LnMadison, WI 53719-1190

(608) 274-4849

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

$3,393,549

No earlier filing loaded for comparison.

Net Assets

$2,058,467

No earlier filing loaded for comparison.

Liabilities

$1,335,082

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

$4,998,559

No earlier filing loaded for comparison.

Expenses

$4,406,882

No earlier filing loaded for comparison.

Net Income

$591,677

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2019: $3,393,549Liabilities 2019: $1,335,082Net Assets 2019: $2,058,4672019Assets 2020: $3,886,610Liabilities 2020: $1,796,878Net Assets 2020: $2,089,7322020Assets 2021: $5,851,412Liabilities 2021: $1,244,901Net Assets 2021: $4,606,5112021Assets 2022: $9,370,736Liabilities 2022: $2,011,020Net Assets 2022: $7,359,7162022Assets 2023: $12,452,243Liabilities 2023: $1,729,412Net Assets 2023: $10,722,8312023Assets 2024: $15,342,841Liabilities 2024: $1,800,600Net Assets 2024: $13,542,2412024

Highlighted filing

2019

Assets$3,393,549
Liabilities$1,335,082
Net Assets$2,058,467

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2019: $4,998,559Expenses 2019: $4,406,882Net Income 2019: $591,6772019Revenue 2020: $3,770,340Expenses 2020: $3,739,075Net Income 2020: $31,2652020Revenue 2021: $5,223,891Expenses 2021: $2,853,035Net Income 2021: $2,370,8562021Revenue 2022: $5,910,076Expenses 2022: $3,355,591Net Income 2022: $2,554,4852022Revenue 2023: $6,650,756Expenses 2023: $3,652,673Net Income 2023: $2,998,0832023Revenue 2024: $7,075,576Expenses 2024: $4,780,722Net Income 2024: $2,294,8542024

Highlighted filing

2019

Revenue$4,998,559
Expenses$4,406,882
Net Income$591,677
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 26, 2020
Return Version
2019v5.1
Gross Receipts
$5,709,427
Mission and Program Overview

Mission

Sbca members will gain the knowledge and power to run successful, growing, profitable companies offering a compelling competitive advantage in the marketplace for their customers and professional growth for employees.

The structural building components association (sbca) is the only international trade association representing manufacturers of structural building components. Its membership also includes truss plate suppliers, original equipment manufacturers and resellers, computer software companies, lumber suppliers, builders and professional individuals in the fields of engineering, marketing and management.we provide the services our membership needs to continue expanding the market share of all structural building components by promoting the common interests of those engaged in manufacturing trusses, wall panels and related structural components to ensure growth, continuity and increased professionalism, which will strengthen the structural building component manufacturing industry's influence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,678,872$2,727,038▲ $1,048,166
Land, Buildings, and Equipment, Net$1,672,731$0▼ $1,672,731
Prepaid Expenses and Deferred Charges$87,160$247,830▲ $160,670
Inventories for Sale or Use$194,865$204,988▲ $10,123
Accounts Receivable$669,504$192,292▼ $477,212
Cash and Non-Interest-Bearing Accounts$65,819$20,421▼ $45,398
Investments Program Related$980$980→ $0
Total Assets$4,369,931$3,393,549▼ $976,382
Liabilities
Deferred Revenue$737,807$782,055▲ $44,248
Accounts Payable and Accrued Expenses$537,875$553,027▲ $15,152
Total Liabilities$1,275,682$1,335,082▲ $59,400
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,094,249$2,058,467▼ $1,035,782
Total Net Assets Fund Balance$3,094,249$2,058,467▼ $1,035,782
Total Liabilities and Net Assets / Fund Balance$4,369,931$3,393,549▼ $976,382
Compensation and Service Providers

Board Members and Trustees

NameTitle
Greg GriggsPast President - Immediate
Michael RuedePresident
Gene FrogalePresident-elect/ Treasurer
April BurtDirector
Barry DixonDirector
Bill BladesDirector
Dallas AustinDirector
David GreenDirector
David MitchellDirector
Howard GaugerDirector
Jack DermerDirector
James FinkenhoeferDirector
Jason HikelDirector
Jason WardDirector
Javan YoderDirector
Jay HaltemanDirector
Jeff SmithDirector
John LouwsDirector
Josh HendricksonDirector
Justin RichardsonDirector
Kenny ShifflettDirector
Larry Dix IiDirector
Michael SchwitterDirector
Richard ParrinoDirector
Roger HelgesonDirector
Steve StromDirector
Tim NoonanDirector
Joseph HikelExecutive Committee Representative
Scott WardExecutive Committee Representative
Steve StroderExecutive Committee Representative
Jeffrey TaakeSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Qualtim INCManagement Services6300 ENTERPRISE LN, Madison, WI 53719$3,600,480
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,602,469
Investment Income
$28,220
Other Revenue
$1,367,870
Change in Net Assets
$591,677
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,406,882
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---$1,412,880
All Other Expenses---$588,379
Other Expenses---$341,671
Advertising---$275,563
Depreciation Depletion---$116,843
Fees for Services Accounting---$114,060
Fees for Services Management---$43,371
Office Expenses---$23,632
Insurance---$3,918
Fees for Services Legal---$2,705
Travel---$1,000
Total Functional Expenses$0$0$0$4,406,882
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
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Joseph and jason hikel have a family relationship.

Form 990, Part VI, Section A, Line 3

Sbca has engaged qualtim, inc. Which is owned by key staff members of sbca, to provide management services. The latest version of the management and services agreement is dated september 21, 2011, with an amendment dated june 7, 2013. The key provisions of this agreement are reviewed annually by the board of directors of sbca. The management fee includes labor performed by qualtim, inc. Employees and the usage of the building and equipment by sbca. Sbca also reimburses certain costs incurred by qualtim, inc. To perform management service duties. These costs included transportation, printing, phone costs, copying, and postage expenses, etc. In addition, qualtim, inc. Provides special project support for sbca.

Form 990, Part VI, Section A, Line 6

Sbca has five categories of membership: regular member, truss plate manufacturer associate member, associate member, professional member, and design professional member. All members in good standing that are present at the annual meeting can elect the members of the governing body and approve significant decisions of the governing body, as needed.

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

The following members can be elected to the governing body: up to four member representatives employed by regular members (component manufacturers) are elected to serve on the executive committee; one regular member representative from any chapter or chapter incorporated association in good standing with the association and requesting representation on the board of directors; member representatives employed by regular members as may be approved by the board of directors as at-large directors; and up to five member representatives of associate members.

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

Members in good standing are able to approve decisions made by the board of directors, as needed.

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

The form 990 is reviewed by the executive committee before it is filed.

Form 990, Part VI, Section C, Line 19

The organization made its governing documents, conflict of interest policy, and financial statements available to the public upon request and during open quarterly board meetings.

Filing and Contact Details

Filer

Filer Name
Structural Building Components
EIN
36-3249685
Phone
6082744849
Address
6300 ENTERPRISE LN, MADISON, WI 53719-1190

Signing Officer

Name
Michael Ruede
Title
President
Phone
6082744849
Signed
2020-06-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Ruede
Formed
1983
Legal Domicile
Il
Voting Board Members
31
Independent Board Members
31
Employees
0
Volunteers
31

Preparer

Firm
Wegner Cpas Llp
Address
2921 LANDMARK PL STE 300, MADISON, WI 53713-4236
Preparer
Jason Stephens CPA
Phone
6082744020
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Truss knowledge on-line/educational programs 250,831. Industry research/testing projects 187,285. Special projects 150,263.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT-ELECT/ TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST PRESIDENT - IMMEDIATE
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE COMMITTEE REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE COMMITTEE REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE COMMITTEE REPRESENTATIVE
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IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
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IRS990/MissionDesc0SBCA MEMBERS WILL GAIN THE KNOWLEDGE AND POWER TO RUN SUCCESSFUL, GROWING, PROFITABLE COMPANIES OFFERING A COMPELLING COMPETITIVE ADVANTAGE IN THE MARKETPLACE FOR THEIR CUSTOMERS AND PROFESSIONAL GROWTH FOR EMPLOYEES.
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IRS990/OtherExpensesGrp/Desc0SBC RESEARCH INSTITUTE
IRS990/OtherExpensesGrp/Desc1MEMBER AND CHAPTER SUPP
IRS990/OtherExpensesGrp/Desc2QUALITY CONTROL
IRS990/OtherExpensesGrp/Desc3ENGINEERING, TECHNICAL,
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IRS990/ProgramServiceRevenueGrp/Desc0BCMC TRADESHOW
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IRS990/ProgramServiceRevenueGrp/Desc2SBC RESEARCH INSTITUTE
IRS990/ProgramServiceRevenueGrp/Desc3TRUSS KNOWLEDGE ON-LINE/QC/SCORE
IRS990/ProgramServiceRevenueGrp/Desc4NATIONAL FRAMERS COUNCIL
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE BUILDING COMPONENT MANUFACTURERS CONFERENCE (BCMC) HAS BECOME A TRUSTED VENUE FOR STRUCTURAL BUILDING COMPONENT MANUFACTURERS TO LEARN ABOUT THE LATEST IDEAS, PRODUCTS AND TRENDS THROUGHOUT THEIR ENTIRE SUPPLY CHAIN. THIS ANNUAL TRADESHOW INCLUDES A DYNAMIC EXHIBIT FLOOR WITH MACHINERY DEMONSTRATIONS, EDUCATIONAL OPPORTUNITIES AND THE CHANCE TO ENJOY THE CAMARADERIE OF AN INDUSTRY THAT SPANS GENERATIONS.SINCE ITS INCEPTION IN 1980, THE OBJECTIVE OF BCMC HAS BEEN TO EDUCATE, INFORM AND ENCOURAGE THE GROWTH OF STRUCTURAL BUILDING COMPONENT MANUFACTURING. OVER THE COURSE OF ITS HISTORY, THE SHOW HAS WELCOMED EXHIBITORS FROM ALL OVER THE WORLD TO SHOWCASE THE CUTTING EDGE TECHNOLOGY, STATE-OF-THE-ART PROCESSES AND INNOVATIVE PRODUCTS AND SERVICES THAT HAVE HELPED BUILD A MULTI-BILLION DOLLAR INDUSTRY AND SHAPE THE FUTURE OF FRAMING.MANAGED BY THE SBCA, BCMC IS TRADITIONALLY HELD IN THE FALL OF THE YEAR IN VARIOUS CITIES ACROSS THE UNITED STATES.
IRS990/ProgSrvcAccomActy3Grp/Desc0THE SBC RESEARCH INSTITUTE HAS ONE GOAL: TO GIVE YOU THE INFORMATION YOU NEED FOR MARKET SUCCESS.THE SBC RESEARCH INSTITUTE WAS FOUNDED BY THE MEMBERS OF THE SBCA WHO WERE INSPIRED BY DEVELOPMENTS IN THE AUTO INDUSTRY WHERE EXTENSIVE TESTING DROVE QUALITY IMPROVEMENTS AND INNOVATION. THE PURPOSE-BUILT RESEARCH FACILITY ALLOWS US TO ANALYZE THE PERFORMANCE OF STRUCTURAL BUILDING COMPONENTS IN FULL-SYSTEM TESTS UNDER REAL-WORLD CONDITIONS. SBCRI BEGAN OPERATIONS IN 2007 AND REMAINS ONE OF THE VERY FEW FACILITIES IN NORTH AMERICA THAT CONSISTENTLY TESTS STRUCTURAL ASSEMBLIES AS THEY ARE ACTUALLY BUILT AND INSTALLED IN THE FIELD. FOR OVER A DECADE, THE EQUIPMENT AND TEST PROCEDURES AT SBCRI HAVE BEEN REFINED TO ENSURE FORCES CAN BE TRACKED AND FAILURE POINTS CAN BE IDENTIFIED WITH UNMATCHED CONSISTENCY AND ACCURACY.SINCE 2009, WE HAVE MAINTAINED ISO/IEC 17025 ACCREDITATION, PROVING THAT WE MEET THE VERY RIGOROUS INTERNATIONAL STANDARDS FOR TESTING AND CALIBRATION LABS CONDUCTING FULL-SCALE LOAD PATH ASSESSMENT TESTS. TODAY, WE OFFER A RANGE OF PRODUCT DEVELOPMENT TESTING AND SPECIALIZE IN FORENSIC AND INDUSTRY FUNDAMENTALS ANALYSIS FOR THOROUGH AND CONFIDENTIAL ANALYSIS OF A WIDE VARIETY OF CONSTRUCTION PRODUCTS. WE THEN CONTINUE TO SUPPORT YOU THROUGH QUALITY ASSURANCE SERVICES.
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