High Performance Insulation Professionals
- Assets
- $59.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rapid City, SD
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 22-3423126
Organization Overview
High Performance Insulation Professionals is located in Rapid City, SD. The organization was established in 2017. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. High Performance Insulation Professionals is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, High Performance Insulation Professionals generated $96.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (31.2%) each year. All expenses for the organization totaled $110.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (24.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE INDUSTRY-WIDE INFORMATION TO APPROXIMATELY 53 MEMBERS, INCLUDING NEWSLETTERS FOR COMMUNICATION, PROVIDE LITERATURE, AND MEDIATE DISPUTES, PROVIDE A COMMON LOGO, PROVIDE AN ENTITY TO WORK WITH INDUSTRY MANUFACTURERS AND SUPPLIES, MAINTAIN INFORMATION ABOUT HIGH PERFORMANCE INSULATION SYSTEMS TO THE BUILDING INDUSTRY, AND TO PROVIDE FOR WORKSHOPS AND OTHER TRAINING OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Leman Past Preside | 0 | $0 | |
Leon Muenks President | 0 | $0 | |
Greg Kudrna Vice Preside | 0 | $0 | |
Jeff Boone Treasurer | 0 | $0 | |
Name Not Listed Executive Di | 0 | $0 | |
Kristin Bennett Executive Di | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $96,002 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $96,002 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $96,284 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $804 |
| Other expenses | $13,726 |
| Total expenses | $110,814 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,667 |
| Other assets | $0 |
| Total assets | $59,667 |
| Total liabilities | $127,500 |
| Net assets or fund balances | -$67,833 |