VAA Annual Report 2022


Did you blink? If you did, you missed it! 2022 came and went like a flash. In a year that returned to “normal” (whatever that means), 2022 passed by very quickly for your association. We provided technical assistance, training, events, receptions, and lobbying. The last activity – lobbying, was new to VAA and especially to me. As I told members and others, “this is a new sandbox, and I don’t seem to have the right toys.” Lobbying took a considerable amount of my time in 2022, and I’m afraid I tested the patience of many by asking a constant stream of questions, attempting to “gather those toys.” Fortunately, we have great representatives in Richmond and many members/peers willing to help me learn. By the end of December, I am happy to report that the plans for 2022 were accomplished. As you read through this report, take note of the numbers. Look at the growth of the association. Look at the number of credentials issued through VECAT. Look at the attendance at VAA events. Even with the tanking of the stock market, look at the fiscal strength of the association. While I am proud of these numbers, they are not a result of a single person. The VAA Board of Directors provided strategic leadership and governance. VAA members came together to support events and meetings. They volunteered as instructors at training classes and attracted new members to the family. VAA joined other associations and entities to support the establishment of the Virginia Infrastructure Academy to address the workforce shortage. So, as you review the 2022 VAA Annual Report, make sure you pat yourself on the back. Many reading this report were instrumental in the outcomes either directly or indirectly. Many more benefit from the association’s activities. With the ongoing efforts of the Vision 2030 Implementation Team, numerous opportunities to contribute will be available. If you are active in the association, I hope you stay active. If you want to be engaged, reach out to us, and we will get you plugged in. As the idiom goes, “Come on in, the water’s fine!” 2022 BY THE NUMBERS PRESIDENT'S MESSAGE ASSOCIATION RESERVES CONTINUE TO SUPPORT MEMBER-DRIVEN INITIATIVES CREDENTIALS ISSUED THROUGH VECAT AWARDED IN SCHOLARSHIPS / MEMBERS IN THE VAA FAMILY Producer, Associate Contractor, and Affiliate ATTENDEES AT VAA SPONSORED AND CO-SPONSORED EVENTS Annual Meeting, Regional Seminars, MAAE, Discussion with the Department, Receptions, Back to Basics Workshop, Legal Issues Webinar, Etc. VECAT Classes and BMD Certification Classes RJS SCHOLARSHIP RECIPIENTS Page 1 1.4 MILLION 1450 1600 131 $65,000 / 13

STRATEGIC PLAN Page 2 MISSION VAA promotes the increased use and quality of asphalt pavements in Virginia. VISION To be the united voice for the Asphalt Industry resulting in the betterment of society. Tim Boone, National Asphalt Mfg. Corp, speaking at the 2022 Annual Meeting in Charleston, SC Trenton Clark, VAA President, speaking at 2022 MAAE VECAT Classes being taught at FREDCat Allen Beasley, Luck Stone; Andrew Owen, S.L. Williamson Co., and his wife, and Larry Estep, Luck Stone, at the 2022 Annual Meeting in Charleston

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Contractor Associate Contractor Affiliate Total 2015 2016 2017 2018 2019 2020 2021 2022 150 100 50 0 FINANCIAL HEALTH VAA is a 501(c)6 non-profit organization, and stable finances are critical to the association's mission. VAA relies on several revenue streams, including annual membership dues, producer member tonnage fees, training and education services, events, and investments. Association Reserves Over Time | 2012 - 2022 Combined Revenue - 7 Year Trend Number of Members Over Time | 2015 - 2022 Page 3

VAA NEWS 2022 was a great year for the Women of Asphalt Virginia Branch! After forming in 2021, the VA branch quickly became the largest within the WofA organization. Plans are forming to continue that growth and reach as many women in the Virginia asphalt industry as possible. Throughout 2022, WofA Virginia had the opportunity to partner with VAA member companies in specific regions to host receptions attracting local women. These receptions connected women with the branch and other women in the industry. The Roanoke reception took place in March and was hosted by Associated Asphalt. The Norfolk reception took place in April and was WOMEN OF ASPHALT VIRGINIA BRANCH sponsored by Virginia Paving Company. Both were great events, and the ladies loved connecting in a social atmosphere and learning more about Women of Asphalt. The branch also hosted a virtual meet-up in June featuring Cathy McGhee, Chief Deputy Commissioner of VDOT. She spoke on her journey as a woman in the industry and what she has overcome to reach her current leadership position. It was truly inspiring, and the branch hopes to continue providing a platform for Virginia asphalt industry women to share their stories and insight. As part of its mission, the Virginia branch participated in charitable events and had a blast supporting the 12th Annual Pumpkin for Kids event in October, benefiting the VCU Children's Hospital. The unique hot pink WofA pumpkin didn't win the official contest, but it was donated to the hospital with hopes that young girls might be inspired to consider the asphalt industry as an industry they can join in the future. The year was capped by the annual Mid-Atlantic Asphalt Expo & Conference. The WofA Virginia "hot pink" booth is always a hit on the tradeshow floor, and the photo booth made it even more popular. Attendees had a blast getting their photos taken and having a bit of fun. The branch also hosted a luncheon during the conference, and the turnout was great. WofA Virginia is planning an exciting 2023 with events and networking. Onward and Upward! WofA VA branch members at the Regional Reception in Roanoke, VA, hosted by Associated Asphalt Ally Glover, Irving Oil, at MAAE W-L Construction & Paving employees having fun in the WofA photobooth at MAAE WofA VA pumpkin Tigre Hammond, VAA, holding the WofA pumpkin at the 12th Annual Pumpkin for Kids Event

Asphalt Seminar at the Fredericksburg Expo & Conference Center David Lee, Vice President VAA, awarding the Abington Lab of W-L Construction their Lab Review Certificate Buzz Powell, NCAT, speaking at MAAE Virginia Asphalt Association Staff: Tigre Hammond, Mike Dudley, Trenton Clark, David Lee & Caroline Fahed Students in the Asphalt Plant Level II Class at the FredCat Germanna Training Center VAA Members enjoying the Catamaran Sail & Tour in Charleston, SC at the 2022 Annual Meeting

WHAT'S NEXT ? The long-term direction of VAA (approved in 2022) is the primary focus in 2023. The Vision 2030 Implementation Team will make recommendations to the board of directors in three overarching areas – board and committee structure, membership structure, and staffing structure. Each area will take time and discussion before a final recommendation is presented. The outcome will be to have an association positioned to serve and reflect the asphalt industry of the future. While this work is ongoing, we will be involved in one of the biggest challenges facing industry and society – climate change. While asphalt is not a significant contributor to greenhouse gases compared to other construction and industrial products, the asphalt industry must continue to minimize its carbon footprint at plants and on projects. Asphalt is already the most recycled material in the world; using RAP in new mixes reduces carbon emissions by minimizing the use of virgin materials. Efforts will continue to increase the use of RAP and other materials in new asphalt mixes without jeopardizing performance. Emphasis will continue to utilize in-place recycling methods with asphalt surfaces to provide durable, safe, cost-effective, sustainable, resilient, and green pavements. Lobbying will continue to support legislation and initiatives that allow and aid companies in making capital investments for net-zero carbon asphalt. The factors leading to climate change did not occur overnight; working to undo them will take time. Finally, the world is getting much smaller. According to Blair Williamson’s “Men Who Pave” calendar, the global population in 1972 was 3.852 billion. At the end of 2022, population experts believe the world will have over 8 billion people. While not doubling like the global population, Virginia has added nearly 4 million residents in 50 years. Don’t believe me; go to NOVA, Hampton Roads, or New River Valley. Places that were once rural are now part of an urban heartbeat. Everyone is your neighbor, and you are everyone’s neighbor. As Virginia’s paving industry, we must work to promote and communicate the positive benefits of asphalt – economic, environmental, and employment, to our communities. We have a great story; let’s all tell it in 2023! Long TermDirection of VAA David Branscome, Jr., Branscome Paving Company, speaking at MAAE 2022 MAAE Exhibit Hall Branscome, Inc. accepting their 2021 Golden Lute Paving Award Luck Stone's winning foursome accepting the 2022 Asphalt Open trophy