Wisc Ready Mixed Concrete Assn Inc
- Assets
- $410.6k
- Revenue
- $568.8k
- Investments
- $5.1k
- Employees
- 0
- Location
- Madison, WI
- Founding
- 03/1980
- Data as of
- 12/2023
- EIN
- 39-0917057
Organization Overview
Wisc Ready Mixed Concrete Assn Inc is located in Madison, WI. The organization was established in 1980. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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. Wisc Ready Mixed Concrete Assn Inc 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 12/2023, Wisc Ready Mixed Concrete Assn Inc generated $568.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $560.6k during the year ending 12/2023. While expenses have increased by 2.4% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE WISCONSIN READY MIXED CONCRETE ASSOCIATION IS TO ADVANCE THE CONCRETE INDUSTRY THROUGH ADVOCACY AND LEGISLATIVE ACTION, PROMOTION, AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUR MEMBERSHIP WITH THE WISCONSIN READY MIXED CONCRETE ASSOCIATION (WRMCA) PROVIDES VITAL SUPPORT TO AN ORGANIZATION THAT WORKS TO PROTECT YOU LEGISLATIVELY THROUGH REGULATORY IMPROVEMENTS ACROSS WISCONSIN AND NATIONALLY. WRMCA ALSO WORKS TO RAISE THE LEVEL OF PROFESSIONALISM OF THOSE WORKING WITHIN THE INDUSTRY. BY UTILIZING THE SERVICES THE WRMCA HAS TO OFFER--THE MANY MEMBER BENEFITS, THE EDUCATIONAL OPPORTUNITIES, MARKETING TOOLS AND MANY NETWORKING EVENTS--YOU WILL BE ABLE TO IMPROVE YOUR BOTTOM LINE AND BE PART OF A DYNAMIC GROUP OF PROFESSIONALS. THE WRMCA PROVIDES A VALUABLE FORUM OF SUPPORT AND COMMUNICATION AMONG READY MIX INDUSTRY STAKEHOLDERS IN WISCONSIN AND MICHIGAN'S UPPER PENINSULA, ADVANCING THE INDUSTRY THROUGH LEGISLATIVE, PROMOTIONAL, AND EDUCATIONAL ARENAS. AS A WRMCA MEMBER, YOU HAVE THE BENEFIT OF THE ASSOCIATION'S OVER 75 YEARS REPRESENTING THE INTERESTS OF THE READY MIXED INDUSTRY. WE ARE COMPRISED OF OVER 100 MEMBERS INCLUDING READY MIXED PRODUCERS AS WELL AS SUPPLIERS AND SERVICE PROVIDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Rivecca President | OfficerTrustee | 1 | $0 |
Luke Knadle Vice President | OfficerTrustee | 1 | $0 |
Aaron Peterson Secretary/treasurer | OfficerTrustee | 1 | $0 |
Scott Zignego Director | Trustee | 1 | $0 |
Brian Stefonik Director | Trustee | 1 | $0 |
Chad Hemenway 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 | $559,400 |
| Investment income | $7,259 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$409 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $568,751 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $259,233 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,100 |
| Fees for services: Lobbying | $19,850 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,348 |
| Fees for services: Other | $7,279 |
| Advertising and promotion | $89,102 |
| Office expenses | $7,790 |
| Information technology | $160 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,866 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $158,475 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $750 |
| All other expenses | $689 |
| Total functional expenses | $560,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,884 |
| Savings and temporary cash investments | $30,044 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,935 |
| 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 | $4,745 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $285,938 |
| Investments—other securities | $5,085 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $410,631 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $88,775 |
| 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 | $88,775 |
| Net assets without donor restrictions | $321,856 |
| 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 | $410,631 |