Steel Framing Industry Association - Sfia
- Assets
- $420.2k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 2
- Location
- Falls Church, VA
- Founding
- 08/2016
- Data as of
- 12/2022
- EIN
- 27-4448796
Organization Overview
Steel Framing Industry Association - Sfia is located in Falls Church, VA. The organization was established in 2016. 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. As of 12/2022, Steel Framing Industry Association - Sfia employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Steel Framing Industry Association - Sfia is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Steel Framing Industry Association - Sfia generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 11.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ASSISTANCE TO COMPANIES HAVING INTERESTS IN THE COLD-FORMED STEEL FRAMING INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION: THE STEEL FRAMING INDUSTRY ASSOCIATION HAS ESTABLISHED VIDEO-BASED EDUCATIONAL PROGRAMS DESIGNED TO HELP MEMBERS AND OTHERS STAY ON TOP OF THE ISSUES AFFECTING THE COLD-FORMED STEEL INDUSTRY. COURSE TOPICS ENCOMPASS A WIDE SCOPE OF TECHNICAL, SALES/MARKETING, AND MANAGEMENT ISSUES, AND TARGET VARYING LEVELS OF EXPERIENCE TO SERVE EVERYONE FROM THE CONSTRUCTION PROFESSIONAL JUST LEARNING ABOUT COLD-FORMED STEEL TO THE SEASONED MANAGER WHO WANTS TO INCREASE BUSINESS PLANNING EFFECTIVENESS.
INDUSTRY PROMOTION: COLD-FORMED STEEL FRAMING OFFERS ARCHITECTS, BUILDERS AND SPECIFIERS A RANGE OF FEATURES AND BENEFITS THAT ALL CONTRIBUTE TO SHORTER CONSTRUCTION TIMES, LOWER MATERIAL COSTS, SAFER STRUCTURES, AND FASTER REVENUE GENERATION. STEEL IS STRONG, SAFE, DURABLE, VERSATILE AND COST-EFFECTIVE. STEEL HAS THE EXCEPTIONAL ENVIRONMENTAL ADVANTAGE OF BEING HIGHLY RECYCLED AND INFINITELY RECYCLABLE. STEEL IS TOUGH AND DOES NOT ROT, SPAWL, SPLIT OR ABSORB MOISTURE AND IS RESISTANT TO PESTS UNLIKE OTHER BUILDING MATERIALS. AND FROM AN AESTHETIC OR ARCHITECTURAL VIEWPOINT, STEEL STRUCTURES CAN EASILY DELIVER CREATIVE DESIGN OPTIONS AND EXCELLENT VALUE.
TECHNICAL PROGRAMS: THE SFIA "TECHNICAL GUIDE FOR COLDFORMED STEEL FRAMING PRODUCTS," PROVIDES A COMPREHENSIVE TOOL FOR DESIGNING WITH COLDFORMED STEEL FRAMING MEMBERS.INCLUDED ARE TABLES FOR SECTION PROPERTIES, ALLOWABLE LIMITING WALL HEIGHTS (COMPOSITE, NON-COMPOSITE, AND CURTAIN WALL), COMBINED AXIAL AND LATERAL LOADS, FLOOR AND ROOF JOIST SPANS, HEADER LOADS, WEB CRIPPLING LOADS, AND CHANNEL PROPERTIES. IN ADDITION, THE TECHNICAL GUIDES PROVIDES NOTES FOR FASTENERS (SCREWS AND WELDS), TYPICAL DETAILS, A GUIDE TO ADDITIONAL TECHNICAL RESOURCES, AS WELL AS A USEFUL EXPLANATION ON READING FIRE RATED ASSEMBLIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Porter President | OfficerTrustee | 1 | $0 |
Mike Barker Vice President | OfficerTrustee | 1 | $0 |
Bill Wilson Treasurer | OfficerTrustee | 1 | $0 |
Matt Pfirman Secretary | OfficerTrustee | 1 | $0 |
Jim Collins Director | Trustee | 1 | $0 |
Kip Craddick Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,136,212 |
| Investment income | $41 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $16,010 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,156,951 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $249,216 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $95,486 |
| Pension plan accruals and contributions | $905 |
| Other employee benefits | $2,925 |
| Payroll taxes | $16,588 |
| Fees for services: Management | $61,278 |
| Fees for services: Legal | $8,931 |
| Fees for services: Accounting | $74,672 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $346,135 |
| Advertising and promotion | $44,105 |
| Office expenses | $32,060 |
| Information technology | $176,947 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $35,666 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $60,765 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,378 |
| All other expenses | $65,811 |
| Total functional expenses | $1,286,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $246,426 |
| Savings and temporary cash investments | $144,171 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $375 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,183 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $420,155 |
| Accounts payable and accrued expenses | $81,234 |
| Grants payable | $0 |
| Deferred revenue | $288,170 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $369,404 |
| Net assets without donor restrictions | $50,751 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $420,155 |