Wisconsin Ready Mixed Concrete Association Inc

Nonprofit profile at a glance

EIN
390917057
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Madison, WI, USA
Phone
6082506304
Rating confidence
Limited

Reported finances

Revenue
$658,061
Expenses
$634,551
Assets
$415,936
Liabilities
$57,825

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • LUKE KNADLE (PRESIDENT)
  • AARON PETERSON (VICE PRESIDENT)
  • MIKE RIVECCA (PAST PRESIDENT)
  • CHERISH SCHWENN (EXECUTIVE DIRECTOR)

People named in this filing

  • LUKE KNADLE (PRESIDENT)
  • AARON PETERSON (VICE PRESIDENT)
  • TRAVIS WISE (SECRETARY/TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the Wisconsin ready mixed concrete association is to advance the concrete industry through advocacy and legislative action, promotion, and education.

What it reported doing in 2024

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.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
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: 76
  • Sustainability: 44
  • Growth: 60

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; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3.6%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.66; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.1% per year; rating input score 100; 32nd percentile among comparable filings
  • Asset growth: 4.5% per year; rating input score 100; 37th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 22 of 22 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 23 people listed
  • Highest-paid contractors: 1 contractor listed · $285K reported
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.