National Asphalt Pavement Association Inc

Organization Overview

National Asphalt Pavement Association Inc is located in Greenbelt, MD. The organization was established in 1956. 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 12/2021, National Asphalt Pavement Association Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Asphalt Pavement Association 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 12/2021, National Asphalt Pavement Association Inc generated $6.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $6.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, National Asphalt Pavement Association Inc has awarded 11 individual grants totaling $193,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE NATIONAL ASPHALT PAVEMENT ASSOCIATION INC. IS THE ONLY TRADE ASSOCIATION THAT EXCLUSIVELY REPRESENTS THE INTERESTS OF THE ASPHALT PRODUCER AND PAVING CONTRACTOR ON THE NATIONAL LEVEL WITH CONGRESS, GOVERNMENT AGENCIES, AND OTHER NATIONAL TRADE AND BUSINESS ORGANIZATIONS.NATIONAL ASPHALT PAVEMENT ASSOCIATION, INC. SUPPORTS AN ACTIVE RESEARCHPROGRAM DESIGNED TO ANSWER QUESTIONS ABOUT ENVIRONMENTAL ISSUES AND TOIMPROVE THE QUALITY OF HMA PAVEMENTS AND PAVING TECHNIQUES USED IN THECONSTRUCTION OF ROADS, STREETS, HIGHWAYS, PARKING LOTS, AIRPORTS, ANDENVIRONMENTAL AND RECREATIONAL FACILITIES. THE ASSOCIATION PROVIDESTECHNICAL, EDUCATIONAL, AND MARKETING MATERIALS AND INFORMATION TO ITSMEMBERS, AND SUPPLIES TECHNICAL INFORMATION TO USERS AND SPECIFIERS OFPAVING MATERIALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SERVICES PROVIDED INCLUDE TRAINING PROGRAMS AS WELL AS A TRADE SHOW AND OTHER CONFERENCES WHICH ARE DIRECTLY RELATED TO THE PROMOTION AND ENHANCEMENT OF THE ASPHALT AND PAVING INDUSTRY.


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Outside Vendors & Contractors

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Whitmer & Worrall Llc
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $375,067
All other contributions, gifts, grants, and similar amounts not included above$555,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$930,067
Total Program Service Revenue$5,464,515
Investment income $215,979
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $211,685
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $6,378
Miscellaneous Revenue$0
Total Revenue $6,828,624

Grants Awarded

Over the last fiscal year, National Asphalt Pavement Association Inc has awarded $58,000 in support to 3 organizations.

Grant RecipientAmount

Glen Ellyn, IL

PURPOSE: GENERAL SUPPORT

$28,000

THE ROAD INFORMATION PROGRAM (TRIP)

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL SUPPORT

$20,000

TRANSPORTATION CONSTRUCTION COALITION

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL SUPPORT

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that National Asphalt Pavement Association Inc has recieved totaling $10,500.

Awarding OrganizationAmount
New Jersey Asphalt Pavement Assoc

Hamilton, NJ

PURPOSE: TO WORK ON SCIENTIFIC RESEARCH, LEGISLATIVE ACTIVITIES, AND TO PROTECT ASPHALT'S MARKET SHARE

$10,500
View Grant Recipient Profile

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