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Nonprofiteer
← RCI-IIBEC FOUNDATION INC

Form 990 for tax year 2025

Filed by RCI-IIBEC FOUNDATION INC.

Totals

Total revenue
$296,489
Total expenses
$245,527
Contributions and grants received
$267,874
Grants paid
$50,815
Program service revenue
$0
Investment income
$24,206
Other revenue
$4,409
Total assets, end of year
$789,449
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$789,449
Program services expenses (Part IX)
$137,101
Management and general expenses
$108,426
Fundraising expenses
$0
Program service expenses (Part III)
$137,101

Program services were 55.8% 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.

  • 1c · Fundraising events

    $6,469

  • 1f · All other contributions, gifts and grants

    $261,405

  • 3 · Investment income

    total $22,605 · excluded $22,605

  • 7a · Gross sales of assets other than inventory

    securities $1,601

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

    securities $0

  • 7c · Gain or loss

    securities $1,601

  • 7d · Net gain or loss

    total $1,601 · excluded $1,601

  • 8a · Fundraising events: gross income

    $104,226

  • 8a · Fundraising events: contributions included on line 1c

    $6,469

  • 8b · Fundraising events: direct expenses

    $154,415

  • 8c · Net income from fundraising events

    total -$50,189 · excluded -$50,189

  • 9a · Gaming: gross income

    $12,271

  • 9b · Gaming: direct expenses

    $1,267

  • 9c · Net income from gaming

    total $11,004 · excluded $11,004

  • 11a · Other revenue: Reimbursements

    total $43,594 · excluded $43,594

  • 11e · Other revenue, total

    $43,594

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $50,815 · program services $50,815

  • 11c · Fees: accounting

    total $12,182 · management and general $12,182

  • 11f · Fees: investment management

    total $479 · management and general $479

  • 11g · Fees: other

    total $111,127 · program services $47,905 · management and general $63,222

  • 12 · Advertising and promotion

    total $474 · management and general $474

  • 13 · Office expenses

    total $20,851 · management and general $20,851

  • 17 · Travel

    total $19,819 · program services $15,912 · management and general $3,907

  • 19 · Conferences, conventions and meetings

    total $27,986 · program services $22,469 · management and general $5,517

  • 23 · Insurance

    total $1,794 · management and general $1,794

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $542,438 · end of year $587,342

  • 11 · Investments: publicly traded securities

    beginning of year $52,478 · end of year $65,862

  • 12 · Investments: other securities

    beginning of year $130,129 · end of year $136,245

  • 27 · Net assets without donor restrictions

    beginning of year $425,089 · end of year $475,741

  • 28 · Net assets with donor restrictions

    beginning of year $299,956 · end of year $313,708

Mission and programs · 2025

Mission

The mission of the RCI-IIBEC Foundation is to advance the building enclosure profession through research, education, and meaningful collaboration.

Activities or mission (Part I)

To advance the building enclosure profession through research, education, and meaningful collaboration.

  • Provided educational research opportunities by funding various research projects and events.

    Expenses $137,101 · Grants $50,815

As filed on the 2025 return.

Listed in Part VII

  • David Hawn

    Chair

    Total calculated
    $0
    Hours/week
    1
  • Helene Hardy-Pierce

    Secretary

    Total calculated
    $0
    Hours/week
    1
  • Sidney Hankins III

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Christine P Baxter

    Director

    Total calculated
    $0
    Hours/week
    1
  • Mike Blanchette

    Director

    Total calculated
    $0
    Hours/week
    1
  • Andre Desjarlais

    Director

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth Gant

    Director

    Total calculated
    $0
    Hours/week
    1
  • Scott Hinesley

    Director

    Total calculated
    $0
    Hours/week
    1
  • Ralph Paroli

    Director

    Total calculated
    $0
    Hours/week
    1
  • John A Pitre

    Director

    Total calculated
    $0
    Hours/week
    1
  • Edward A Sheridan

    Director

    Total calculated
    $0
    Hours/week
    1
  • Diana Vitiritti

    Director

    Total calculated
    $0
    Hours/week
    1
  • Lionel van der Walt

    Director

    Total calculated
    $0
    Hours/week
    1
  • Walter J Rossiter Jr

    Director to Nov 2025

    Total calculated
    $0
    Hours/week
    1
  • Brian Pallasch

    CEO/EVP of IIBEC

    Total calculated
    $391,418
    From this org
    $0
    From related orgs
    $337,216
    Other
    $54,202
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $286,465 related
    Bonus
    $0 + $50,751 related
    Other
    $0
    Deferred
    $0 + $12,547 related
    Nontaxable benefits
    $0 + $41,655 related
    Filer's total
    $0 + $391,418 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

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

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.

Provenance

Return type
form_990
Tax year
2025
Filed
24 September 2026
IRS schema version
2025v4.2
Source object
202632679349301028

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