Midwest Insulation Contractors Assn Eastern Iowa & Western Illinois
Nonprofit profile at a glance
- EIN
- 237431657
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Eagan, MN, USA
- Phone
- 6516336774
- Rating
- 40
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $70,748
- Expenses
- $50,663
- Assets
- $92,556
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- GEORGE MENKE (PRESIDENT)
- BILL GRIMM (EXECUTIVE DIRECTOR)
People named in this filing
- GEORGE MENKE (PRESIDENT)
- BEN ANTLE (SECRETARY/TREASURER)
- BILL GRIMM (EXECUTIVE DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote the interests of the insulation contracting business in eastern Iowa and western Illinois; to promote information on the use and benefits of insulation; to settle general labor disputes and furnish information, education, and advice on labor matters which concern members of the association; to improve business skills of members of the association and keep them advised of new products, health hazards, and other developments in the insulation industry; and to lawfully promote the common interests of its members.
Operating model
- Revenue model
- Membership-supported. 100% of the money available for current operations came from membership dues.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 1
- Transparency & Controls: 82
- Sustainability: 71
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 2.3%; rating input score 2
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 28.4%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 1.83; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 6% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 24.3% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 2.3% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.