Civic Intelligence

Composite Panel Association

990 • Fiscal year 2015 • EIN 53-0258451

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 22, 2016

19465 Deerfield Avenue Suite 306Leesburg, VA 20176

(703) 724-1128

Siviq Scores

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

Liabilities / Assets

78th percentile

0.45x

Higher debt load relative to assets than 78% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

82nd percentile

0.52x

Higher debt load relative to revenue than 82% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Net Margin

74th percentile

10.0%

Higher net margin than 74% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

73rd percentile

$204,776

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Asset Growth

31st percentile

-2.0%

Faster asset growth than 31% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

61st percentile

6.4%

Faster revenue growth than 61% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$3,725,259

Down $77,329 (-2.0%) from 2014

Net Assets

Up

$2,048,052

Up $294,937 (+17%) from 2014

Liabilities

Down

$1,677,207

Down $372,266 (-18%) from 2014

Revenue

Up

$3,203,831

Up $193,785 (+6.4%) from 2014

Expenses

Down

$2,883,879

Down $234,702 (-7.5%) from 2014

Net Income

Up

$319,952

Up $428,487 (+395%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,142,567Liabilities 2011: $2,440,463Net Assets 2011: $1,702,1042011Assets 2012: $4,090,771Liabilities 2012: $2,155,851Net Assets 2012: $1,934,9202012Assets 2013: $4,006,783Liabilities 2013: $2,142,109Net Assets 2013: $1,864,6742013Assets 2014: $3,802,588Liabilities 2014: $2,049,473Net Assets 2014: $1,753,1152014Assets 2015: $3,725,259Liabilities 2015: $1,677,207Net Assets 2015: $2,048,0522015Assets 2016: $3,691,276Liabilities 2016: $1,591,981Net Assets 2016: $2,099,2952016Assets 2017: $4,012,717Liabilities 2017: $1,473,541Net Assets 2017: $2,539,1762017Assets 2018: $4,155,700Liabilities 2018: $1,499,155Net Assets 2018: $2,656,5452018Assets 2019: $4,582,167Liabilities 2019: $1,380,191Net Assets 2019: $3,201,9762019Assets 2020: $4,875,396Liabilities 2020: $1,212,242Net Assets 2020: $3,663,1542020Assets 2021: $5,282,758Liabilities 2021: $1,111,695Net Assets 2021: $4,171,0632021Assets 2022: $5,193,800Liabilities 2022: $1,022,680Net Assets 2022: $4,171,1202022Assets 2023: $5,004,574Liabilities 2023: $791,973Net Assets 2023: $4,212,6012023Assets 2024: $4,858,062Liabilities 2024: $827,868Net Assets 2024: $4,030,1942024

Highlighted filing

2015

Assets$3,725,259
Liabilities$1,677,207
Net Assets$2,048,052

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,097,742Expenses 2011: $3,026,130Net Income 2011: $71,6122011Expenses 2012: $2,882,6252012Revenue 2013: $3,111,837Expenses 2013: $3,176,795Net Income 2013: -$64,9582013Revenue 2014: $3,010,046Expenses 2014: $3,118,581Net Income 2014: -$108,5352014Revenue 2015: $3,203,831Expenses 2015: $2,883,879Net Income 2015: $319,9522015Revenue 2016: $3,232,028Expenses 2016: $3,224,681Net Income 2016: $7,3472016Revenue 2017: $3,635,122Expenses 2017: $3,279,075Net Income 2017: $356,0472017Revenue 2018: $3,883,864Expenses 2018: $3,651,416Net Income 2018: $232,4482018Revenue 2019: $4,171,975Expenses 2019: $3,814,195Net Income 2019: $357,7802019Revenue 2020: $3,603,124Expenses 2020: $3,198,949Net Income 2020: $404,1752020Revenue 2021: $3,754,623Expenses 2021: $3,330,824Net Income 2021: $423,7992021Revenue 2022: $4,282,229Expenses 2022: $3,881,367Net Income 2022: $400,8622022Revenue 2023: $4,116,291Expenses 2023: $4,249,031Net Income 2023: -$132,7402023Revenue 2024: $4,220,844Expenses 2024: $4,483,673Net Income 2024: -$262,8292024

Highlighted filing

2015

Revenue$3,203,831
Expenses$2,883,879
Net Income$319,952
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 22, 2016
Return Version
2015v2.1
Gross Receipts
$3,203,831
Mission and Program Overview

Mission

The association was formed to further the acceptance and use of particleboard, medium density fiberboard(mdf), hardboard and engineered wood siding and trim (ewst) as a building material, conduct technical research and provide third party certification for particleboard,mdf, hardboard and ewst manufacturers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,436,397$2,290,660▼ $145,737
Investments Other Securities$478,865$528,355▲ $49,490
Cash and Non-Interest-Bearing Accounts$416,313$516,524▲ $100,211
Accounts Receivable$313,738$310,029▼ $3,709
Prepaid Expenses and Deferred Charges$78,774$69,872▼ $8,902
Savings and Temporary Cash Investments$78,501$9,819▼ $68,682
Total Assets$3,802,588$3,725,259▼ $77,329
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,644,281$1,553,256▼ $91,025
Accounts Payable and Accrued Expenses$388,092$120,951▼ $267,141
Deferred Revenue$17,100$3,000▼ $14,100
Total Liabilities$2,049,473$1,677,207▼ $372,266
Net Assets / Fund Balance
Unrestricted Net Assets$1,753,115$2,048,052▲ $294,937
Total Net Assets Fund Balance$1,753,115$2,048,052▲ $294,937
Total Liabilities and Net Assets / Fund Balance$3,802,588$3,725,259▼ $77,329

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,279,459$1,044,486$3,323,945
Other Securities$528,355--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jackson MorrillPresidentFT$150,410$250,072$204,776
Thomas a JuliaFormer PresiFT$195,706-$195,706
Thomas a JuliaFormer President-$115,723$73,436$195,706
Gary L HerouxVP-prod AcceFT$147,394$41,765$189,159
Gary L HerouxVP-prod Accept-$115,672$63,026$189,159
Jeanne E ErvinVP-memb & AdFT$137,896$40,802$178,698
Jeanne E ErvinVP-memb & Adm---$178,698

Board Members and Trustees

NameTitle
Grady MulberyChairman
Steve StolerVice Chairma
Bryan TraylorDirector
Bryan WilsonDirector
Dale PlanteDirector
David HoheiselDirector
Dirk KoltzeDirector
Elliott SavageDirector
Garrett TinsmanDirector
James HoggDirector
James LaundryDirector
Jeff JohnsonDirector
Joe CaldwellDirector
John KaufmannDirector
John MaultsbyDirector
John WasniewskiDirector
Jose KofmanDirector
Julian RanzDirector
Junior FrazierDirector
Klaus KohlerDirector
Linn YeagerDirector
Louis BrassardDirector
Manuel ZichlinDirector
Mark KableDirector
Michael BochartDirector
Michael PhillipsDirector
Mike AdamsDirector
Mike BlosserDirector
Mike HopkinsDirector
Mike ShueyDirector
Paul CareyDirector
Ralf YobpDirector
Ramiro De Leon SalasDirector
Rick BrysonDirector
Stephen CanaryDirector
Tom LepakDirector
Wayne SchwerinDirector
Will WarbergDirector
Kelly ShotboltImmed Past C
Emilio Ayub ToucheSecretary/tr

Highest Paid Contractors

ContractorServicesLocationCompensation
Venable LLPLegal575 7TH STREET NW, Washington, DC 20004$170,853
Revenue and Support

Revenue Composition

Contributions and Grants
$71,050
Program Service Revenue
$3,114,389
Investment Income
$10,953
Other Revenue
$7,439
All Other Contributions
$71,050
Change in Net Assets
$319,952

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,203,831
Revenue Not Reported on Form 990
$-25,015
Total Revenue per Audited Statements
$3,178,816
Total Revenue per Form 990
$3,203,831
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,498,380
Salaries, Compensation, and Employee Benefits$1,385,499
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$572,341
Other Salaries and Wages---$572,262
Conferences and Meetings---$557,901
Depreciation Depletion---$145,736
Office Expenses---$129,681
Travel---$120,509
Fees for Services Other---$113,330
Fees for Services Legal---$109,291
Other Employee Benefits---$100,801
Occupancy---$87,529
Interest---$85,319
Payroll Taxes---$78,102
Pension Plan Contributions---$61,993
Insurance---$52,641
Fees for Services Accounting---$25,368
Other Expenses---$3,327
Total Functional Expenses$0$0$0$2,883,879

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,883,879
Total Expenses per Audited Statements$2,883,879
Total Expenses per Form 990$2,883,879
International Activity

International Summary

Offices
1
Employees
1
Spending
$20,960

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Ottawa, CanadaCanadian EmployeeGovt Affairs / Membr11$20,960
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$145,000
Current Year Nondeductible Lobbying and Political Cost$110,000
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 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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Omposite panel association (cpa), founded in 1960, represents the north american wood-based composite panel and decorative surfacing industries on technical, regulatory, quality assurance and product acceptance issues. Cpa general members include the leading manafacturers of particleboard, medium density fiberboard(mdf),hardboard and engineered wood siding(ewst) representing about 95% of north american manafucturing capacity. Cpa also brings together the complete value chain affiliated with the composite panel industry. Cpa associate members include manufacturers of furniture, cabinets, mouldings, door, decorative surfaces and equipment, along with laminators, distributors, industry media and adhesive suppliers. All are committed to product advancement and industry competitiveness.

Form 990, Page 6, Part VI, Line 7A

Cpa is governed by a board of directors that includes one representative from each general member company and no more than 25% of the associate member companies. An executive committee, selected from among the board members, reports to the board and acts in its place between normally scheduled board meetings. Cpa is organized around five additional standing committees -- decorative surfaces council, environmental and public affairs committee (epac), marketing, production and technical. Any of these committees may appoint a subcommittee(s) or task group(s). Task groups are appointed for activities that typically have a fixed duration (for example, the editing of a cpa publication), wheras subcommittees are intended to address ongoing issues and programs (for example, the marketing committee's communication subcommittee).

Form 990, Page 6, Part VI, Line 7B

Cpa has professional and support staff, most of whom work from cpa's head office in leesburg, virginia. Cpa retains outside legal counsel for both its general and environmental programs. Counsel is present for all board and executive committee meetings, and for certain other meetings.

Form 990, Page 6, Part VI, Line 11B

Form 990 is prepared by an independent certified public accountant and reviewed by officers amd management prior to an electronic version being made available to the board of directors.

Form 990, Page 6, Part VI, Line 12C

Cpa members and participants in association meetings or calls are reminded that antitrust laws are in effect and asked to refrain from specific discussions related to competitive market practices such as pricing or individual company operations that could impact free trade. Members should contact cpa staff or legal counsel immediately if there is a concern of activity violating the policy.

Form 990, Page 6, Part VI, Line 15A

Compensation of president reviewed and approved by executive committee.

Form 990, Page 6, Part VI, Line 15B

Annual salary review is done in december of each year. Supervisors evaluate employees in the context of their particular job through a one- on-one meeting as well as completion of a written evaluation. Job descriptions are evalualted as well as planned employee objectives for the upcoming year. All positions are set with a salary range and is subject to review and change each year. Salaries include a fixed, nominal percent cost of living adjustment (cola) and a position adjustment (pa) that will be a fixed percent based on the particular quartile in which the salary currently falls. The president has an employment contract and is not included in this annual process.

Form 990, Page 6, Part VI, Line 19

Cpa holds two scheduled meetings of the full membership each year -- in the spring and again in the fall. The latter is cpa's annual planning and budgeting meeting at which members develop and approve operational plans and budgets for the following fiscal year. The spring meeting serves as more on an educational and networking function, and provides opportunities for member-to-member interaction as well as workshops and committee meetings. Meeting materials and minutes are prepared and published on cpa's website for in conjunction with both of these meetings. Materials are also circulated electronically to all members of cpa.

Filing and Contact Details

Filer

Filer Name
Composite Panel Association
EIN
53-0258451
Phone
7037241128
Address
19465 DEERFIELD AVENUE SUITE 306, LEESBURG, VA 20176
Doing Business As
Composite Panel Association

Signing Officer

Name
Jackson Morrill
Title
President
Phone
7037241128
Signed
2016-09-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jackson Morrill
Formed
1960
Legal Domicile
Il
Voting Board Members
40
Independent Board Members
40
Employees
15

Preparer

Firm
OEHMANN COMPANY CPA'S
Address
11710 PLAZA AMERICA DRIVE SUITE 200, RESTON, VA 20190-1210
Preparer
THOMAS J O'HARA JR CPA
Phone
7035175205
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The association was formed to further the acceptance and use of particleboard, medium density fiberboard(mdf), hardboard and engineered wood siding and trim (ewst) as a building material, conduct technical research and provide third party certification for particleboard,mdf, hardboard and ewst manufacturers.

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IRS990/Form990PartVIISectionAGrp/PersonNm26ELLIOTT SAVAGE
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IRS990/Form990PartVIISectionAGrp/PersonNm36MIKE SHUEY
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IRS990/Form990PartVIISectionAGrp/PersonNm41THOMAS A JULIA
IRS990/Form990PartVIISectionAGrp/PersonNm42GARY L HEROUX
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt3IMMED PAST C
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt33DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt34DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt35DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt36DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt37DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt38DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt39DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt40DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt41FORMER PRESI
IRS990/Form990PartVIISectionAGrp/TitleTxt42VP-PROD ACCE
IRS990/Form990PartVIISectionAGrp/TitleTxt43VP-MEMB & AD
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.86$0.83$4.03$4.22$4.48$0.26
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.00$0.79$4.21$4.12$4.25$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.19$1.02$4.17$4.28$3.88$0.40
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.28$1.11$4.17$3.75$3.33$0.42
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.88$1.21$3.66$3.60$3.20$0.40
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.58$1.38$3.20$4.17$3.81$0.36
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.16$1.50$2.66$3.88$3.65$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.01$1.47$2.54$3.64$3.28$0.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.69$1.59$2.10$3.23$3.22$0.01
2015Detailed filing. Detailed filing data is available for this year.$3.73$1.68$2.05$3.20$2.88$0.32
2014Detailed filing. Detailed filing data is available for this year.$3.80$2.05$1.75$3.01$3.12$0.11
2013Detailed filing. Detailed filing data is available for this year.$4.01$2.14$1.86$3.11$3.18$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.09$2.16$1.93$2.88
2011Summary only. Only limited summary data is available for this year.$4.14$2.44$1.70$3.10$3.03$0.07