National Stone Sand and Gravel Association

What it reported doing in 2024

Meetings, events, and membership: membershipthe membership department had another strong year for nssga on both the producer and m&s fronts. Producer membership was up 9% over 2023 and the manufacturers & services division was also up 9% over 2023. All told, 518 companies are members of nssga, 9% overall growth. This is a result of prospecting, developing relationships with key contacts, having ongoing conversations with members in addition to the work of the entire association staff and nssga being at the forefront of critical advocacy issues. Membership staff was highly involved in the database switchover (netforum to protech) along with many other key nssga employees. Our goal throughout this process was to have a single source of truth (ssot) on each member. We streamlined financial payments, are communicating more effectively, reduced third party vendors and allowed our members to see their history with nssga on their individual member dashboard. We launched renewals and new member recruitment efforts online. Meetings/eventsnssga's cornerstone annual events, annual convention, young leaders, leadership summit and legislative & policy forum each had excellent attendance (record breaking) and increased member engagement. Following through on survey recommendations and working with the meetings & events committee, member engagement touch points and additional content has provided a vital forum of exchange and engagement for our members. Some examples include sustainability, grassroots and advocacy and political. With these changes and enhancements, nssga events in 2024 had a net promoter score of 69.the annual convention was held in nashville from march 23-26. Keynotes included a morning music session with the warren brothers, a voter sentiment program with rich thau and a third with nfl legend joe theismann. All the association committees met during this event and continued to do the important business of the association. Registration numbers for the collocated agg1 academy and expo were record breaking in 2024 up 66% from 2023 with nearly 16,000 attendees. The 2024 agg1 academy was another great success, with 24,150 tickets sold (8230 sold from nssga's registration portal and 15,920 sold via the joint agg1/world of asphalt registration portal). This year's program featured 60 classes, plus two total worker health workshops and a free workshop on creating aggregates epds.the 2024 young leaders annual meeting was held at the marriott riverwalk in san antonio, tx, april 28-may 1, and once again set an attendance record with 337 young leaders at the event. Nearly 150 of those attendees were first-timers and their guests. Keynote speakers included michelle stanley, executive vice president and chief advocacy officer with nssga; mike clarke, president with new frontier materials; robert "cujo" teschner, f-22 pilot and founder of vmax group; and rich szecsy, executive vice president with alamo concrete products. In addition to the keynote sessions, attendees could choose from five breakout sessions each day that focused on aggregates-specific topics like underground mining, drones, dredging and environmental permitting, and saw how a local facility operates during the tour of vulcan materials co.'s 1604 quarry.in addition, two young leader meet ups were coordinated in 2024 - the steering committee had been interested in doing these for several years to try and get back to the basics of the young leaders program - smaller meetings with an opportunity to really connect with the attendees. The first ever was in st. Louis in january and the second in atlanta - both being met with tremendous success and sell-out status. C-suite and company executives joined us in naples, Florida at the playa resort to experience great networking & leadership opportunities at the leadership summit. The agenda included locker room breakouts for ceos, and on workforce, silica and iija. The attendee feedback was superb with leadership keynote scott mann,

Financial Efficiency

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

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Limited
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -3.2%; rating input score 20; 20th percentile among comparable filings
• Total-asset coverage ratio: 0.77; rating input score 27; 27th percentile among comparable filings
• Liabilities to assets ratio: 0.52; rating input score 27; 27th percentile among comparable filings
• Officer compensation ratio: 22.7%; rating input score 3; 3rd percentile among comparable filings

Growth

• Program expense growth: Limited
• Revenue growth: 4.3% per year; rating input score 100; 37th percentile among comparable filings
• Asset growth: -1.6% per year; rating input score 0; 6th percentile among comparable filings