Indiana Ready Mixed Concrete Association Inc

Nonprofit profile at a glance

EIN
351040833
IRS 990 coverage
2018–2025
Forms available
Form 990 2025
Location
Sheridan, IN, USA
Phone
5747801549
Rating confidence
Limited

Official website

Reported finances

Revenue
$840,265
Expenses
$811,729
Assets
$1,591,274
Liabilities
$158,125

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • CHAD MONTGOMERY (EXECUTIVE DIRECTOR)
  • PAUL WINKLE (PRESIDENT)
  • KEVIN LEMLER (VICE PRESIDENT)
  • ADAM KRESS (PAST PRESIDENT)

Highest reported compensation

  • CHAD MONTGOMERY (EXECUTIVE DIRECTOR): $121,498 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Indiana ready mixed concrete association's primary stated objective is to expand the use of ready mixed concrete in the state of Indiana. The irmca supports and promotes the use of high quality portland cement concrete in pavements, parking lots, structures, and residential construction. The association serves as a marketing and promotional organization for its members and provides necessary technical support and industry resources.

What it reported doing in 2025

2025 mixer skills competitionon july 19, 2025 we held our mixer skills competition. This a membership perk that honors the drivers within the association. We welcomed 19 drivers. Drivers compete in a driving course, written test, and pre trip inspection to find out who is the best of the best. The winner gets an expenses paid trip to the national competition a trophy, and their name engraved on the traveling trophy. We provide food for all drivers and their families. We have trophies for 1st, 2nd and third place. We generally do not cover expenses for this event as it is meant to recognize drivers, so we take a loss on this.

Operating model

Revenue model
Membership-supported. 69% of the money available for current operations came from membership dues.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 95
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3.4%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 1.96; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 15%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 2.9% per year; rating input score 100; 26th percentile among comparable filings
  • Revenue growth: 4.3% per year; rating input score 100; 33rd percentile among comparable filings
  • Asset growth: 12.9% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 9 of 9 board members independent · 7 of 8 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $121K · 10 people listed
  • Consistency: 10 of 10 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2018 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 40/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Officer compensation ratio scored 25/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.