Civic Intelligence

National Ready Mixed Concrete Association

EIN 53-0116046 • 501(c)6 • Alexandria, VA

View Organization Page

Profile

The national ready mixed concrete association is a not-for-profit organization formed to provide a means through which members of the ready mixed concrete industry may coordinate their efforts in handling issues of common concern.

66 Canal Center Plaza 250Alexandria, VA 22314

www.nrmca.org

Siviq Scores

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

Liabilities / Assets

58th percentile

0.29x

Higher debt load relative to assets than 58% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

37th percentile

0.27x

Higher debt load relative to revenue than 37% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Net Margin

47th percentile

3.4%

Higher net margin than 47% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

49th percentile

5.7%

Faster asset growth than 49% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-6.4%

Faster revenue growth than 13% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$18,541,391

Up $1,002,702 (+5.7%) from 2023

Liabilities

Down

$5,302,112

Down $328,164 (-5.8%) from 2023

Net Assets

Up

$13,239,279

Up $1,330,866 (+11%) from 2023

Operations
Liabilities / Revenue37th percentileNet Margin47th percentile

Revenue

Down

$19,577,742

Down $1,335,148 (-6.4%) from 2023

Expenses

Down

$18,913,744

Down $1,261,723 (-6.3%) from 2023

Net Income

Down

$663,998

Down $73,425 (-10.0%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth49th percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $5,176,090Liabilities 2011: $2,469,453Net Assets 2011: $2,706,6372011Assets 2012: $4,559,301Liabilities 2012: $2,366,590Net Assets 2012: $2,192,7112012Assets 2013: $4,889,607Liabilities 2013: $2,781,288Net Assets 2013: $2,108,3192013Assets 2014: $5,070,634Liabilities 2014: $2,435,786Net Assets 2014: $2,634,8482014Assets 2015: $5,066,747Liabilities 2015: $2,208,106Net Assets 2015: $2,858,6412015Assets 2016: $6,779,998Liabilities 2016: $2,361,620Net Assets 2016: $4,418,3782016Assets 2017: $7,446,326Liabilities 2017: $1,579,064Net Assets 2017: $5,867,2622017Assets 2018: $8,252,809Liabilities 2018: $1,341,658Net Assets 2018: $6,911,1512018Assets 2019: $10,391,111Liabilities 2019: $3,516,487Net Assets 2019: $6,874,6242019Assets 2020: $11,563,707Liabilities 2020: $3,284,397Net Assets 2020: $8,279,3102020Assets 2021: $12,636,357Liabilities 2021: $2,539,714Net Assets 2021: $10,096,6432021Assets 2022: $16,593,136Liabilities 2022: $6,171,469Net Assets 2022: $10,421,6672022Assets 2023: $17,538,689Liabilities 2023: $5,630,276Net Assets 2023: $11,908,4132023Assets 2024: $18,541,391Liabilities 2024: $5,302,112Net Assets 2024: $13,239,2792024

Highlighted filing

2024

Assets$18,541,391
Liabilities$5,302,112
Net Assets$13,239,279
Open 2024 Filing

Operations Trend

Revenue Growth13th percentile

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

$30M$20M$10M$0-$10MRevenue 2011: $6,261,717Expenses 2011: $7,095,040Net Income 2011: -$833,3232011Revenue 2012: $6,251,108Expenses 2012: $7,086,421Net Income 2012: -$835,3132012Revenue 2013: $7,030,137Expenses 2013: $7,270,267Net Income 2013: -$240,1302013Revenue 2014: $7,919,864Expenses 2014: $7,716,730Net Income 2014: $203,1342014Revenue 2015: $8,203,727Expenses 2015: $8,010,993Net Income 2015: $192,7342015Revenue 2016: $11,798,573Expenses 2016: $10,451,848Net Income 2016: $1,346,7252016Revenue 2017: $14,595,776Expenses 2017: $13,259,250Net Income 2017: $1,336,5262017Revenue 2018: $14,706,022Expenses 2018: $13,780,286Net Income 2018: $925,7362018Revenue 2019: $15,604,293Expenses 2019: $16,278,027Net Income 2019: -$673,7342019Revenue 2020: $16,969,360Expenses 2020: $15,688,109Net Income 2020: $1,281,2512020Revenue 2021: $17,293,907Expenses 2021: $15,942,189Net Income 2021: $1,351,7182021Revenue 2022: $18,607,848Expenses 2022: $17,787,243Net Income 2022: $820,6052022Revenue 2023: $20,912,890Expenses 2023: $20,175,467Net Income 2023: $737,4232023Revenue 2024: $19,577,742Expenses 2024: $18,913,744Net Income 2024: $663,9982024

Highlighted filing

2024

Revenue$19,577,742
Expenses$18,913,744
Net Income$663,998
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$18,541,391
Liabilities
$5,302,112
Net assets
$13,239,279
Revenue
$19,577,742
Expenses
$18,913,744
Net income
$663,998
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.5$5.30$13.2$19.6$18.9$0.66
2023Summary only. Only limited summary data is available for this year.$17.5$5.63$11.9$20.9$20.2$0.74
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$6.17$10.4$18.6$17.8$0.82
2021Summary only. Only limited summary data is available for this year.$12.6$2.54$10.1$17.3$15.9$1.35
2020Summary only. Only limited summary data is available for this year.$11.6$3.28$8.28$17.0$15.7$1.28
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$3.52$6.87$15.6$16.3$0.67
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.25$1.34$6.91$14.7$13.8$0.93
2017Summary only. Only limited summary data is available for this year.$7.45$1.58$5.87$14.6$13.3$1.34
2016Summary only. Only limited summary data is available for this year.$6.78$2.36$4.42$11.8$10.5$1.35
2015Summary only. Only limited summary data is available for this year.$5.07$2.21$2.86$8.20$8.01$0.19
2014Summary only. Only limited summary data is available for this year.$5.07$2.44$2.63$7.92$7.72$0.20
2013Summary only. Only limited summary data is available for this year.$4.89$2.78$2.11$7.03$7.27$0.24
2012Summary only. Only limited summary data is available for this year.$4.56$2.37$2.19$6.25$7.09$0.84
2011Summary only. Only limited summary data is available for this year.$5.18$2.47$2.71$6.26$7.10$0.83
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$18,650,226
Mission and Program Overview

Mission

The national ready mixed concrete association is a not-for-profit organization formed to provide a means through which members of the ready mixed concrete industry may coordinate their efforts in handling issues of common concern.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,000,091$4,204,731▼ $795,360
Cash and Non-Interest-Bearing Accounts$2,699,808$3,301,000▲ $601,192
Accounts Receivable$1,927,045$2,030,430▲ $103,385
Land, Buildings, and Equipment, Net$2,212,022$2,012,844▼ $199,178
Investments Other Securities$388,752$1,608,671▲ $1,219,919
Prepaid Expenses and Deferred Charges$198,235$313,071▲ $114,836
Savings and Temporary Cash Investments$58,451$75,386▲ $16,935
Inventories for Sale or Use$16,216$6,588▼ $9,628
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$15,899,756$16,593,136▲ $693,380
Other Assets Total$3,399,136$3,040,415▼ $358,721
Liabilities
Other Liabilities$4,477,823$4,048,088▼ $429,735
Accounts Payable and Accrued Expenses$960,379$1,216,523▲ $256,144
Deferred Revenue$364,911$906,858▲ $541,947
Total Liabilities$5,803,113$6,171,469▲ $368,356
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,096,643$10,421,667▲ $325,024
Total Net Assets Fund Balance$10,096,643$10,421,667▲ $325,024
Total Liabilities and Net Assets / Fund Balance$15,899,756$16,593,136▲ $693,380

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,094,068$719,503$1,813,571
Equipment$55,432$1,280,520$1,335,952
Land$789,827-$789,827
Buildings$41,977$182,506$224,483
Leasehold Improvements$31,540$56,328$87,868
Other Assets Org$122,517--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael PhilippsPresidentFT$378,946$222,383$601,329
Joseph RocheCFOFT$231,877$73,256$305,133
Brian KillingsworthEVP, Local PavingFT$207,817$52,249$260,066
Nicole MaherCOOFT$220,947$36,302$257,249
Greg LewisCCOFT$210,663$36,828$247,491
Scott CampbellSVP, Struct/CodeFT$208,773$34,139$242,912

Board Members and Trustees

NameTitle
John HollidayChairman
Abbott LawrencePast Chairman
Allen HamblenPast Chairman
Elizabeth TwohyPast Chairman
Henry BattenPast Chairman
John CarewPast Chairman
Ric SuzioPast Chairman
Rodney GroganPast Chairman
Scott ParsonPast Chairman
Ted ChandlerPast Chairman
Timothy BeckenPast Chairman
Adam ManattVice Chairman
Alan WesselDirector
Andrew ArnoldDirector
Andrew GuinnDirector
Art ThompsonDirector
Bill RoyDirector
Bob ChandlerDirector
Brendan ClementeDirector
Brian GrayDirector
Bruce BlairDirector
Calvin KingeryDirector
Camilla SchroederDirector
Caroline SuttonDirector
Charles RohdeDirector
Chip WildmanDirector
Cole JacobsDirector
D Van SmithDirector
Darryl FalesDirector
Douglas AndersonDirector
Edilson ChimilovskiDirector
G Carlton GoldenDirector
GR LyonsDirector
Hank HAUGEDirector
Jason BlaseDirector
Jay MoreauDirector
Jay RitchieDirector
Joel WatersDirector
John CookDirector
John ErnstDirector
Johnny YoungDirector
Judd BeechDirector
Justin OzingaDirector
Kent WebberDirector
Kevin BechelyDirector
Kirk FarmerDirector
Kirk TaylorDirector
Larry Silvi IiiDirector
Laurence Silvi IIDirector
Louis PetrilloDirector
Marc TysonDirector
Melanie O'ReganDirector
Michael LeMondsDirector
Miles ShiverDirector
Oliver BrooksDirector
Pete KnightDirector
Pete LyonsDirector
Rebecca McCollumDirector
Rich UmbelDirector
Robert O'BrianDirector
Ron HallDirector
Sarah BeasleyDirector
Scott BrewerDirector
Scott DucoffDirector
Scott OlinDirector
Scott ReynoldsDirector
Stephen RenderDirector
Steven BishopDirector
Terrance SavageDirector
Tim VaughnDirector
Tim ZyndaDirector
Toby LeeDirector
Tom ZaisDirector
Victor McMillanDirector
William MullenDirector
Albert RomanachEx-off non-vote
Bob WelkerEx-off non-vote
Carol HaganEx-off non-vote
Drew TurnerEx-off non-vote
Hernan PerezEx-off non-vote
Jill ZhangEx-off non-vote
Leonard MorrisEx-off non-vote
Mike BrekkenEx-off non-vote
Neil SmithEx-off non-vote
Steve AntonoffEx-off non-vote
David OjedaEx-officio vote
Jeff BryanEx-officio vote
Matthew WalterEx-officio vote
Pierre VillereEx-officio vote
Nathan McKeanSec/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ddcpublic affairs805 15TH STREET NW 300, Washington, DC 20005$1,385,759
T&f Certified Public Accountants LLCAudit & Consulting2 PROFESSIONAL DR 230, Gaithersburg, MD 20879$127,708
Revenue and Support

Revenue Composition

Contributions and Grants
$889,168
Program Service Revenue
$14,570,677
Investment Income
$21,360
Other Revenue
$3,126,643
All Other Contributions
$889,168
Change in Net Assets
$820,605

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,607,848
Revenue Not Reported on Form 990
$-507,742
Total Revenue per Audited Statements
$18,100,106
Total Revenue per Form 990
$18,607,848
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,817,548
Other Expenses$7,969,695
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$7,371,925
Fees for Services Other---$2,266,699
Conferences and Meetings---$2,236,789
Travel---$975,306
Other Employee Benefits---$858,513
Current Officers, Directors, Trustees, and Key Employees---$601,329
Office Expenses---$534,597
Payroll Taxes---$531,773
Pension Plan Contributions---$454,008
Occupancy---$433,962
Advertising---$394,359
Information Technology---$303,202
Depreciation Depletion---$215,278
Fees for Services Legal---$121,376
Insurance---$69,858
Other Expenses---$37,191
All Other Expenses---$30,007
Fees for Services Accounting---$21,500
Total Functional Expenses$0$0$0$17,787,243

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$17,829,621
Expenses per Audited Statements$17,787,243
Total Expenses per Form 990$17,787,243
Expenses Not Reported on Form 990$42,378
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$394,726
Total Nondeductible Lobbying and Political Cost$-2,334,918
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$4,048,088
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 6

“the organization has two classes of membership: 1. Producer Members - Companies that produce ready mixed concrete 2. Associate Members - Do not produce ready mixed concrete”

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

“prior to filing, a draft of the form 990 is supplied to the president for review and approval.”

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

“the board is provided a copy of the association's conflict of interest policy at the annual meeting. they are then directed to state whether or not they are independent.”

Form 990, Part VI, Section C, Line 19

“the association does not make its governing documents, conflict of interest policy and financial statements available to the public.”

Filing and Contact Details

Filer

Filer Name
National Ready Mixed Concrete
EIN
53-0116046
Phone
7037064800
Address
66 CANAL CENTER PLAZA 250, ALEXANDRIA, VA 22314

Signing Officer

Name
Michael Philipps
Title
President
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Philipps
Formed
1930
Legal Domicile
Pa
Voting Board Members
75
Independent Board Members
75
Employees
74

Preparer

Firm
T&F Certified Public Accountants LLC
Address
2 Professional Dr Ste 230, Gaithersburg, MD 20879
Preparer
Mitchell A Freed CPA
Phone
5712764322
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

“OTHER PROGRAM SERVICES 4: publications - produced information for members relating to technical issues and other education topics.”

Form 990, Part XI, Line 9

“equity in income of controlled entity = $54539”

Financial Statement Notes

Part X : FIN48 Footnote

“The Association is exempt from federal and state income taxes under Section 501(c)(6) of the Internal Revenue Code except for unrelated business income earned from advertising. During the years ended December 31, 2022 and 2021, total income tax expense was $10,000 and $10,000, respectively.Management has determined that the Association does not have any uncertain tax positions and associated unrecognized benefits that materially impact the financial statements or related disclosures. Because tax matters are subject to some degree of uncertainty, there can be no assurance that the Associations tax returns will not be challenged by the taxing authorities, and that the Association will not be subject to additional tax, penalties and interest as a result of such challenge.The Association has exempt organization filings open to Internal Revenue Service audit for tax years 2018 to 2021.”

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“cost of inventory sales $42378”

Part XII, Line 2D: Other expenses and losses per audited F/S

“cost of inventory sales $42378”

Raw XML AppendixShowing 400 of 1,284 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.

Path#Value
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01216523
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IRS990/AccountsReceivableGrp/EOYAmt02030430
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE NATIONAL READY MIXED CONCRETE ASSOCIATION IS A NOT-FOR-PROFIT ORGANIZATION FORMED TO PROVIDE A MEANS THROUGH WHICH MEMBERS OF THE READY MIXED CONCRETE INDUSTRY MAY COORDINATE THEIR EFFORTS IN HANDLING ISSUES OF COMMON CONCERN.
IRS990/AdvertisingGrp/TotalAmt0394359
IRS990/AllOtherContributionsAmt0889168
IRS990/AllOtherExpensesGrp/TotalAmt030007
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0The Association
IRS990/BooksInCareOfDetail/PhoneNum07037064800
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt066 CANAL CENTER PLAZA 250
IRS990/BooksInCareOfDetail/USAddress/CityNm0ALEXANDRIA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd022314
IRS990/BusinessRlnWith35CtrlEntInd0false
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IRS990/CashNonInterestBearingGrp/EOYAmt03301000
IRS990/ChangeToOrgDocumentsInd0false
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IRS990/ConservationEasementsInd0false
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1805 15TH STREET NW 300
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0GAITHERSBURG
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MD
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1DDC
IRS990/ContractorCompensationGrp/ServicesDesc0AUDIT & CONSULTING
IRS990/ContractorCompensationGrp/ServicesDesc1public affairs
IRS990/CostOfGoodsSoldAmt042378
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0889168
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt021360
IRS990/CYOtherExpensesAmt07969695
IRS990/CYOtherRevenueAmt03126643
IRS990/CYProgramServiceRevenueAmt014570677
IRS990/CYRevenuesLessExpensesAmt0820605
IRS990/CYSalariesCompEmpBnftPaidAmt09817548
IRS990/CYTotalExpensesAmt017787243
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt018607848
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0364911
IRS990/DeferredRevenueGrp/EOYAmt0906858
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0215278
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IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt074
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt021500
IRS990/FeesForServicesLegalGrp/TotalAmt0121376
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt02266699
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
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