Form 990 for tax year 2023

Totals

Total revenue

$720,756

Total expenses

$755,402

Contributions and grants received

$64,492

Grants paid

$0

Program service revenue

$628,166

Investment income

$0

Other revenue

$28,098

Total assets, end of year

$358,168

Total liabilities, end of year

$0

Net assets or fund balances, end of year

$358,168

Program services expenses (Part IX)

— not reported

Management and general expenses

— not reported

Fundraising expenses

— not reported

Program service expenses (Part III)

— not reported

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.

Mission and programs · 2023

• INDUSTRY TRAINING AND CERTIFICATION IS OUR MOST IMPORTANT ACTIVITY AND MAKES UP APPROXIMATELY 33% OF OUR WORK. CERTIFICATIONS ARE SECURED BY A PASSING RATE ON A TEST, OR THE MORE TECHNICAL CERTIFICATIONS REQUIRE SUBMISSION OF RELEVANT INDUSTRY PARTICIPATION AS WELL AS EDUCATION, WHICH IS THEN REVIEWED BY A BOARD OF PEERS. THESE CERTIFICATIONS OFFER A BASELINE FOR QUALITY OF INSTALLATION THAT HELPS TO REINFORCE PROPER INSTALLATIONS, REDUCING FAULTY INSTALLATIONS THAT CAN RESULT IN CUSTOMER DISSATISFACTION AND POSSIBLE RISK TO HEALTH AND SAFETY.

• TO PROMOTE A SUSTAINABLE AND DECARBONIZED FUTURE ACROSS THE GLOBE THROUGH THE ADOPTION OF GEOTHERMAL AS THE CLEANEST, MOST EFFICIENT HEATING AND COOLING TECHNOLOGY. THIS ACTIVITY HAS AND WILL ALWAYS CONTINUE TO BE THE PRIMARY PURPOSE OF IGSHPA. PROMOTING INDUSTRY NEWS, RESEARCH AND EVENTS THROUGH MONTHLY NEWSLETTERS AND VIRTUAL TOWN HALLS, DISTRIBUTION OF EDUCATIONAL MATERIALS, AND INDUSTRY EVENTS, SUCH AS OUR ANNUAL CONFERENCE. MEMBERSHIP HAS BEEN ABOUT 33% OF OUR WORK.

• THE ANNUAL GENERAL MEETING, ANNUAL CONFERENCE WITH WORKSHOPS FOR MEMBER PARTICIPATION, BOD ELECTIONS. CONFERENCE HAS BEEN ABOUT 33% OF OUR WORK.

As filed on the 2023 return.

Listed in Part VII

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

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.

Provenance

Return type

form_990

Tax year

2023

Filed

2 October 2024

IRS schema version

2023v5.1

Source object

202442769349301134

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