Form 990 for tax year 2023
Filed by FOUNDATION FOR MECHANICAL INSULATION EDUCATION TRAINING & IN.
Totals
- Total revenue
- $217,306
- Total expenses
- $251,884
- Contributions and grants received
- $217,005
- Grants paid
- $10,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $301
- Total assets, end of year
- $53,161
- Total liabilities, end of year
- $53,582
- Net assets or fund balances, end of year
- -$421
- Program services expenses (Part IX)
- $108,356
- Management and general expenses
- $102,158
- Fundraising expenses
- $41,370
- Program service expenses (Part III)
- $108,356
Program services were 43.0% 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.
-
1d · Related organizations
$25,000
-
1f · All other contributions, gifts and grants
$192,005
-
11a · Other revenue: MISCELLANEOUS
total $301 · excluded $301
-
11e · Other revenue, total
$301
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $10,000 · program services $10,000
-
7 · Other salaries and wages
total $83,790 · management and general $54,599 · fundraising $29,191
-
11g · Fees: other
total $114,752 · program services $92,185 · management and general $22,489 · fundraising $78
-
13 · Office expenses
total $10,179 · management and general $6,489 · fundraising $3,690
-
16 · Occupancy
total $22,763 · management and general $15,670 · fundraising $7,093
-
17 · Travel
total $10,080 · program services $6,171 · management and general $2,691 · fundraising $1,218
-
19 · Conferences, conventions and meetings
total $320 · management and general $220 · fundraising $100
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $84,197 · end of year $48,134
-
9 · Prepaid expenses and deferred charges
beginning of year $1,481 · end of year $5,027
-
17 · Accounts payable and accrued expenses
beginning of year $7,478 · end of year $16,929
-
25 · Other liabilities
beginning of year $44,043 · end of year $36,653
-
27 · Net assets without donor restrictions
beginning of year $34,157 · end of year -$421
Mission and programs · 2023
Mission
TO DEVELOP AND IMPLEMENT STRATEGIES AND RECOMMEND PROCESSES TO ADVANCE AND EXPAND THE COMMERCIAL AND INDUSTRIAL INSULATION INDUSTRY.
Activities or mission (Part I)
TO ADVANCE AND EXPAND THE COMMERCIAL AND INDUSTRIAL INSULATION INDUSTRY.
-
DEVELOPMENT OF INDUSTRY DATA, RESEARCH, AND EDUCATIONAL CONTENT.
Expenses $108,356 · Grants $10,000
As filed on the 2023 return.
Listed in Part VII
-
David J CoxDAVID J COX
PRESIDENT
- Total calculated
- $0
- Hours/week
- 14 + 0.5 related
-
John LambertonJOHN LAMBERTON
TREASURER
- Total calculated
- $0
- Hours/week
- 14
-
Marc NapolitanoMARC NAPOLITANO
SECRETARY
- Total calculated
- $0
- Hours/week
- 14 + 0.3 related
-
Wally BlewittWALLY BLEWITT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 14
-
R Dean BurowsR DEAN BUROWS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 14 + 0.3 related
-
Matt HymerMATT HYMER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 14 + 0.3 related
-
Jack BittnerJACK BITTNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 14 + 0.5 related
-
Jon PerryJON PERRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 14 + 0.3 related
-
Laura DoverLAURA DOVER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 14 + 0.5 related
-
Michele M JonesMICHELE M JONES
PROGRAM MANAGER/LEAD
- Total calculated
- $316,291
- From this org
- $0
- From related orgs
- $273,374
- Other
- $42,917
- Hours/week
- 7 + 37.5 related
Schedule J breakdown matched by us
- Base
- $0 + $228,264 related
- Bonus
- $0 + $45,110 related
- Other
- $0
- Deferred
- $0 + $22,114 related
- Nontaxable benefits
- $0 + $20,803 related
- Filer's total
- $0 + $316,291 related
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
None.
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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE RELATED ORGANIZATION REVIEWS OF THE EXECUTIVE VICE PRESIDENT'S COMPENSATION ARE PERFORMED ANNUALLY BY COMMITTEE USING ASSOCIATION SALARY SURVEY DATA. INCREASES ARE GIVEN BY THE PRESIDENT AND EXECUTIVE COMMITTEE AND APPROVED BY 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
-
NATIONAL INSULATION ASSOCIATION
$10,000
TO PROMOTE THE GENERAL WELFARE OF THE COMMERCIAL AND INDUSTRIAL INSULATION INDUSTRY.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
NATIONAL INSULATION ASSOCIATION
501(C)(6) · TO PROMOTE THE GENERAL WELFARE OF THE COMMERCIAL AND INDUSTRIAL INSULATION I · VA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443179349306064
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