Patrick Siegman @siegman.biz · 10/06/2026ICC, the corporation that writes America’s most widely-used model building codes, pulls in more than $110 million per year in revenue. It’s sitting on a mountain of cash. Its stated mission is to make homes safe & affordable. So, why doesn’t it fund any credible research on building safety? 🧵 2144
Patrick Siegman @siegman.biz · 10/06/2026@moinmybackyard.bsky.social digs into the ICC's mountain of cash, and its mysterious finances: "The ICC is sitting on top of sizable cash flow and liquid assets. In 2024, it had $110M in revenue and $7.6M in profits on $200M in assets (accrual basis)..." #ICC #BuildingCode #FireCode #UrbanPlanningmoinmybackyard.substack.comDecoding the ICC pt. 3In the first installment, we looked at the ICC’s revenue sources to understand its incentives. 260
Lyle Solla-Yates @lyle.cville.online.ap.brid.gy · 10/06/2026@siegman.biz Good to see you Patrick, hope you’ve been well 👋 110