Skip to content
Nonprofiteer
← EDISON WELDING INSTITUTE INC

Form 990 for tax year 2023

Filed by EDISON WELDING INSTITUTE INC.

Totals

Total revenue
$34,873,452
Total expenses
$35,405,180
Contributions and grants received
$0
Grants paid
$453
Program service revenue
$34,238,023
Investment income
-$11,971
Other revenue
$647,400
Total assets, end of year
$25,383,704
Total liabilities, end of year
$16,509,361
Net assets or fund balances, end of year
$8,874,343
Program services expenses (Part IX)
$30,150,616
Management and general expenses
$5,254,564
Fundraising expenses
$0
Program service expenses (Part III)
$30,150,616

Program services were 85.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: CONTRACT SERVICES

    total $33,119,647 · related or exempt $26,304,919 · unrelated business $6,814,728

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $1,118,376 · related or exempt $1,118,376

  • 5 · Royalties

    total $108,133 · excluded $108,133

  • 6a · Gross rents

    real property $697,602

  • 6b · Less rental expenses

    real property $302,885

  • 6c · Rental income or loss

    real property $394,717

  • 6d · Net rental income or loss

    total $394,717 · unrelated business $6,000 · excluded $388,717

  • 7a · Gross sales of assets other than inventory

    other assets $2,000

  • 7b · Less cost or other basis and sales expenses

    other assets $13,971

  • 7c · Gain or loss

    other assets -$11,971

  • 7d · Net gain or loss

    total -$11,971 · excluded -$11,971

  • 11a · Other revenue: SALE OF SCRAP METAL

    total $79,020 · excluded $79,020

  • 11b · Other revenue: TIG FLUX WELDING

    total $65,530 · unrelated business $65,530

  • 11e · Other revenue, total

    $144,550

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $453 · program services $453

  • 5 · Compensation of officers, directors and key employees

    total $1,260,540 · program services $256,917 · management and general $1,003,623

  • 7 · Other salaries and wages

    total $10,451,681 · program services $8,716,605 · management and general $1,735,076

  • 8 · Pension plan contributions

    total $489,437 · program services $408,186 · management and general $81,251

  • 9 · Other employee benefits

    total $2,332,992 · program services $1,945,694 · management and general $387,298

  • 10 · Payroll taxes

    total $1,119,869 · program services $933,960 · management and general $185,909

  • 11b · Fees: legal

    total $91,594 · management and general $91,594

  • 11c · Fees: accounting

    total $126,267 · management and general $126,267

  • 11d · Fees: lobbying

    total $95,000 · program services $95,000

  • 11g · Fees: other

    total $4,041,609 · program services $3,646,910 · management and general $394,699

  • 12 · Advertising and promotion

    total $129,386 · management and general $129,386

  • 13 · Office expenses

    total $326,156 · program services $284,325 · management and general $41,831

  • 14 · Information technology

    total $839,411 · program services $839,411

  • 16 · Occupancy

    total $1,505,049 · program services $1,300,459 · management and general $204,590

  • 17 · Travel

    total $848,882 · program services $788,254 · management and general $60,628

  • 19 · Conferences, conventions and meetings

    total $413,936 · program services $384,372 · management and general $29,564

  • 20 · Interest

    total $98,000 · management and general $98,000

  • 22 · Depreciation, depletion and amortization

    total $1,858,417 · program services $1,841,626 · management and general $16,791

  • 23 · Insurance

    total $340,362 · program services $272,290 · management and general $68,072

  • 24a · Other expenses: RESEARCH & DEVELOPMENT

    total $4,636,850 · program services $4,636,850

  • 24b · Other expenses: SUPPLIES

    total $2,326,731 · program services $2,028,316 · management and general $298,415

  • 24c · Other expenses: REPAIRS & MAINTENANCE

    total $682,867 · program services $595,286 · management and general $87,581

  • 24d · Other expenses: RECRUITING & RETENTION

    total $301,530 · program services $251,473 · management and general $50,057

  • 24e · All other expenses

    total $1,088,161 · program services $924,229 · management and general $163,932

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $50 · end of year $50

  • 2 · Savings and temporary cash investments

    beginning of year $2,152,545 · end of year $3,899,729

  • 4 · Accounts receivable

    beginning of year $8,014,707 · end of year $7,479,844

  • 7 · Other notes and loans receivable

    beginning of year $2,273 · end of year $1,251

  • 8 · Inventories for sale or use

    beginning of year $13,376 · end of year $2,090

  • 9 · Prepaid expenses and deferred charges

    beginning of year $587,466 · end of year $792,393

  • 10a · Land, buildings and equipment: cost or other basis

    $32,884,502

  • 10b · Land, buildings and equipment: accumulated depreciation

    $27,700,470

  • 10c · Land, buildings and equipment, net

    beginning of year $5,555,663 · end of year $5,184,032

  • 11 · Investments: publicly traded securities

    beginning of year $8,075 · end of year $5,757

  • 14 · Intangible assets

    beginning of year $886,929 · end of year $1,017,435

  • 15 · Other assets

    beginning of year $5,345,726 · end of year $7,001,123

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,875,132 · end of year $1,415,343

  • 19 · Deferred revenue

    beginning of year $3,222,863 · end of year $7,136,655

  • 23 · Secured mortgages and notes payable

    beginning of year $2,252,241 · end of year $582,699

  • 25 · Other liabilities

    beginning of year $4,808,185 · end of year $7,374,664

  • 27 · Net assets without donor restrictions

    beginning of year $9,408,389 · end of year $8,874,343

Mission and programs · 2023

Mission

ADVANCING OUR CUSTOMERS' MANUFACTURING COMPETITIVENESS THROUGH INNOVATION IN JOINING AND ALLIED TECHNOLOGIES

  • MIDWEST OPERATIONSIN EDISON WELDING INSTITUTE'S ("EWI") FISCAL YEAR ENDING JUNE 30, 2024, EWI HAD OVER 400 INDIVIDUAL PROJECTS, AVERAGING $74,000 PER PROJECT, AND UP TO $2,800,000. EACH PROJECT HAS VAST DEGREES OF TECHNOLOGY DEPLOYED AND ADVANCED JOINING PROCESSES. SEE BELOW FOR EACH AREA THAT EWI SERVED.SPACE - EWI LEADS THE WAY IN DEVELOPING AND DEPLOYING ADVANCES IN MANUFACTURING FOR THE SPACE INDUSTRY TO REDUCE WEIGHT AND COST, IMPROVE FIRST-TIME QUALITY, AND SPEED UP THE DEVELOPMENT CYCLE COMPARED TO LEGACY MANUFACTURING METHODS.RAIL - IMPROVE THE SAFETY, FABRICATION, OPERATION, MAINTENANCE, AND REPAIR OF RAILS AND EQUIPMENT.PACKAGING - EWI'S EXPERTISE IN MATERIALS ENGINEERING, PRODUCT DESIGN, AND ADVANCED JOINING TECHNOLOGIES FOR MANUFACTURING HELPS COMPANIES TO CUT WASTE, CUT COSTS, AND OPTIMIZE PRODUCTION WHEN DEVELOPING PACKAGING SOLUTIONS.MEDICAL - USE MATERIALS ENGINEERING AND JOINING TECHNOLOGIES TO CUT WASTE, CUT COSTS, AND OPTIMIZE PRODUCTION FOR PACKAGE SOLUTIONS.HEAVY MANUFACTURING - IMPROVE PERFORMANCE, SAFETY, QUALITY, AND OPERATIONAL EFFICIENCY THROUGH MANUFACTURING TECHNOLOGY INNOVATION.CONSUMER - ACCELERATE PRODUCT DESIGN AND SPEED-TO-MARKET CYCLES THROUGH APPLICATION OF INNOVATIVE MATERIALS, JOINING, AND SEALING TECHNOLOGIES.AUTO - STAY COMPETITIVE WITH INNOVATIONS IN LIGHT WEIGHTING AND DISSIMILAR MATERIALS JOINING.AIR - INCREASE PRODUCTION EFFICIENCIES, QUALITY, AND LIFE-EXPECTANCY OF JOINERY ON AIRCRAFTS.ADVANCED ENERGY - REDUCE CONSUMPTION, MEET NEW ENERGY REGULATIONS, AND GET TO MARKET FASTER.GOVERNMENT - CONFIDENTIAL CLIENT:EWI CONTINUES TO SUPPORT A WIDE RANGE OF GOVERNMENT AGENCY INITIATIVES WHERE MANUFACTURING INNOVATION IS A KEY ENABLER TO SUCCESS. EWI'S EXPERTISE HAS ENABLED THE DEVELOPMENT OF NOVEL MATERIAL JOINING TECHNIQUES TO OPTIMIZE AND ADD FLEXIBILITY TO MANUFACTURING PROCESSES, THE IMPLEMENTATION OF NOVEL MONITORING TECHNIQUES TO IMPROVE COMPONENT CAPABILITIES IN METAL ADDITIVE MANUFACTURING, AND THE GENERATION OF A ROADMAP OF THE MOST CRITICAL JOINING AND FORMING CHALLENGES FACING TODAY'S MANUFACTURERS. EWI CONTINUES TO BE RECOGNIZED AS THE THOUGHT LEADER WHEN GOVERNMENT AGENCIES REQUIRE MANUFACTURING INNOVATION EXPERTISE.CONFIDENTIAL CLIENT: EWI CONTINUES TO WORK WITH A JET ENGINE COMPANY ON VARIOUS METHODS OF REPAIRING JET ENGINE COMPONENTS AND ASSISTING THEM IN NEW PART PRODUCTION. EWI CONTINUED TO WORK WITH THIS CLIENT ON NEW WAYS TO SOLVE COMPLEX JOINING AND MANUFACTURING PROBLEMS. EWI DOES NOT MANUFACTURE ANY PARTS FOR ON-WING APPLICATIONS.JOINT SPONSORED PROJECTS:EWI LEADS A CONSORTIUM OF US INDUSTRY AND ACADEMIC MATERIALS JOININGAND FORMING ORGANIZATIONS, DEVELOPING THE FIRST COMPREHENSIVE US"ADVANCED JOINING AND FORMING TECHNOLOGY ROADMAP." THIS ROADMAPIDENTIFIES AND RANKS CHALLENGES IN ORDER TO PRIORITIZE RESEARCH ANDDEVELOPMENT THAT PROVIDES COMPETITIVE ADVANTAGES WITH SUBSTANTIVENATIONAL IMPACT. EWI GUIDES A STEERING COMMITTEE THAT UNITESSTAKEHOLDERS FROM INDUSTRY, ACADEMIA, PROFESSIONAL SOCIETIES, NONPROFIT RESEARCH CENTERS, TECHNOLOGY PROVIDERS, AND REGIONAL ECONOMICDEVELOPMENT AUTHORITIES AROUND A COMMON VISION TO DEVELOP INNOVATIVETECHNOLOGY SOLUTIONS TO THE NATION'S MOST IMPORTANT JOINING AND FORMINGCHALLENGES. UNDER THE U.S. DEPARTMENT OF COMMERCE, EWI HAS BEEN FUNDEDTO DEVELOP ADVANCED EDDY CURRENT TECHNIQUES FOR CHARACTERIZATION OFADDITIVELY MANUFACTURED (AM) MATERIALS - FEEDSTOCK AND SOLID AMCOMPONENTS BEFORE, DURING, AND AFTER FABRICATION. EWI HAS DIRECTED ATEAM OF THE MOST ADVANCED ENGINEERING UNIVERSITIES AND INNOVATIVEMANUFACTURERS IN A COLLABORATIVE EFFORT FOR "IN-SITU PROCESSMONITORING" FOR AM FABRICATION THAT ADDRESSES HIGH PRIORITY FOCUSAREAS. THE EWI TEAM HAS ADDRESSED DETAILED, CRITICAL MEASUREMENTSCIENCE CHALLENGES, AND IDENTIFIED AND APPLIED SPECIFIC SOLUTIONS FORMETAL-BASED AM.TRAINING:FOR WHATEVER TECHNOLOGY NEED OR CHALLENGE, EWI PROVIDES TRAININGTAILORED TO FIT. EWI OFFERS COURSES THAT PROVIDE ENGINEERS ANDTECHNICIANS WITH AN OVERVIEW OF THE VARIOUS ASPECTS OF WELDINGTECHNOLOGY. THESE COURSES ARE ORGANIZED INTO MODULES DISCUSSING WELDINGPROCESSES, WELDING METALLURGY AND WELDABILITY, WELDING DESIGN ANDTESTING (INCLUDING MECHANICAL TESTING AND NDT), AND QUALIFICATIONS ANDPROCEDURE REVIEW. THESE COURSES PROVIDE AN EXCELLENT MIX OF CLASSROOMAND LABORATORY TRAINING WITH THE LAB PORTION ENHANCED BY EWI'SWORLD-CLASS WELDING FACILITY. THE COURSES ARE PARTICULARLY USEFUL FORENGINEERS WHO WERE NOT ORIGINALLY EDUCATED AS WELDING ENGINEERS.

    Expenses $30,150,616 · Grants $453 · Revenue $27,423,295

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dr Henry Cialone

    PRESIDENT & CEO

    Total calculated
    $943,850
    From this org
    $471,925
    From related orgs
    $0
    Other
    $471,925
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $441,925
    Bonus
    $30,000
    Other
    $0
    Deferred
    $23,100
    Nontaxable benefits
    $16,600
    Filer's total
    $511,625
  • Greg Moore

    CHAIR

    Total calculated
    $44,357
    From this org
    $44,357
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Carmen Spencer

    VICE CHAIR

    Total calculated
    $42,256
    From this org
    $42,256
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Connie Buynacek

    BOARD MEMBER

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • David Collie

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Joe Doria

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Trevor Grams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Doug Luciani

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michael Murtagh

    BOARD MEMBER

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Tannis Proulx

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bonnie Rose

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Max Ruelokke

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ross Thompson III

    BOARD MEMBER

    Total calculated
    $14,092
    From this org
    $14,092
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Dan Wright

    BOARD MEMBER

    Total calculated
    $12,736
    From this org
    $12,736
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Mark Schimming

    VP GOVERNMENT BUSINESS DEVELOPMENT

    Total calculated
    $554,722
    From this org
    $277,361
    From related orgs
    $0
    Other
    $277,361
    Hours/week
    41

    Schedule J breakdown matched by us

    Base
    $257,361
    Bonus
    $20,000
    Other
    $0
    Deferred
    $19,344
    Nontaxable benefits
    $1,703
    Filer's total
    $298,408
  • Kelly J Jenkins

    CHIEF OPERATING OFFICER

    Total calculated
    $540,870
    From this org
    $270,435
    From related orgs
    $0
    Other
    $270,435
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $270,435
    Bonus
    $0
    Other
    $0
    Deferred
    $18,856
    Nontaxable benefits
    $1,253
    Filer's total
    $290,544
  • Jerry E Gould

    SENIOR TECHNOLOGY LEADER

    Total calculated
    $412,214
    From this org
    $206,107
    From related orgs
    $0
    Other
    $206,107
    Hours/week
    43

    Schedule J breakdown matched by us

    Base
    $206,107
    Bonus
    $0
    Other
    $0
    Deferred
    $14,092
    Nontaxable benefits
    $15,879
    Filer's total
    $236,078
  • Blake E McAllister

    SENIOR TECHNOLOGY LEADER

    Total calculated
    $396,184
    From this org
    $198,092
    From related orgs
    $0
    Other
    $198,092
    Hours/week
    43

    Schedule J breakdown matched by us

    Base
    $188,758
    Bonus
    $9,334
    Other
    $0
    Deferred
    $13,845
    Nontaxable benefits
    $16,481
    Filer's total
    $228,418
  • Thomas McGaughy

    SENIOR TECHNOLOGY LEADER

    Total calculated
    $386,644
    From this org
    $193,322
    From related orgs
    $0
    Other
    $193,322
    Hours/week
    43

    Schedule J breakdown matched by us

    Base
    $193,322
    Bonus
    $0
    Other
    $0
    Deferred
    $13,366
    Nontaxable benefits
    $16,600
    Filer's total
    $223,288
  • Jeff Ellis

    SENIOR TECHNOLOGY LEADER

    Total calculated
    $384,580
    From this org
    $192,290
    From related orgs
    $0
    Other
    $192,290
    Hours/week
    43

    Schedule J breakdown matched by us

    Base
    $192,290
    Bonus
    $0
    Other
    $0
    Deferred
    $13,435
    Nontaxable benefits
    $1,253
    Filer's total
    $206,978
  • Douglas Matthew Myers

    SENIOR TECHNOLOGY LEADER

    Total calculated
    $377,834
    From this org
    $188,917
    From related orgs
    $0
    Other
    $188,917
    Hours/week
    43

    Schedule J breakdown matched by us

    Base
    $188,917
    Bonus
    $0
    Other
    $0
    Deferred
    $11,813
    Nontaxable benefits
    $15,429
    Filer's total
    $216,159

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
NON-FIXED PAYMENTS (SUCH AS BONUSES) ARE DETERMINED AT THE DISCRETION OF THE BOARD.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • FABRISONIC LLC

    UNRELATED · ULTRASONIC ADDITIVE MFG MACHINE SALES AND RESEARCH · OH · 60% owned · share of income -$364,711 · share of assets $1,838,059 · general or managing partner

    Directly controlled by EDISON WELDING INSTITUTE

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • EWI OHIO WORKS

    C · N/A · OH · 100% owned · controlled entity

    Directly controlled by EDISON WELDING INSTITUTE

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202531359349315808

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.