International Magnesium Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 131510700 ✦ St paul, MN ✦ Designated as a 501(c)(6)

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Overview

What is International Magnesium Association?

The International Magnesium Association (IMA), established in 1943, is a nonprofit organization headquartered in St. Paul, Minnesota. Their primary mission is to advocate for the usage of magnesium in various materials and encourage innovative applications of this versatile metal. IMA serves its members and the industry through annual conferences, seminars, statistical programs, research, and publications. In response to the COVID-19 pandemic, they postponed their annual in-person conference, which typically features educational content, panel sessions, technical presentations, and an exhibit hall for attendees to interact with sponsors and exhibitors. The association aims to promote the general welfare of the magnesium industry and increase the acceptance and usefulness of magnesium and its alloys for the benefit of the general public.


Official website here: www.intlmag.org

Is International Magnesium Association legitimate?

International Magnesium Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. International Magnesium Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.intlmag.org

What is the mission statement of International Magnesium Association?

The International Magnesium Association, established in 1943, has a twofold mission. Its primary objective is to advocate for the utilization of magnesium in various materials, encouraging innovative applications of this versatile metal. To accomplish this, the association organizes events such as annual conferences and seminars, conducts statistical programs, engages in research, and publishes relevant information.

Secondarily, the organization aims to contribute to the overall well-being of the magnesium industry and its members. It strives to enhance the acceptance and use of magnesium and its alloys, engaging in endeavors that increase the industry's usefulness to the general public. The association carries out these objectives through various initiatives, fostering the growth and development of the magnesium industry.


Official website here: www.intlmag.org

Who is the CEO of International Magnesium Association?

Lee Helgen is the Principal Officer of International Magnesium Association.


Official website here: www.intlmag.org

What is the revenue of International Magnesium Association?

International Magnesium Association's revenue in 2022 was $504,366.


Official website here: www.intlmag.org

Who are the executives of International Magnesium Association and what are their salaries?

There 30 volunteers at International Magnesium Association.


Here are 18 key members and their salaries:


Rick Mcqueary (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Guy (At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nic Andrews (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hartmut Fischer (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Olson (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Franca (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Just (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Rauch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fusheng Pan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Weiler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dietmar Letzig (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kazumasa Yamazaki (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Luo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Treiber (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elmar Beeh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Rhomberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Giuseppe Filomena (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bin Jiang (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.intlmag.org

Where can I find the form 990 for International Magnesium Association?

International Magnesium Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.intlmag.org

Learn more at the official website: www.intlmag.org

Mission Statement of International Magnesium Association

The International Magnesium Association, established in 1943, is committed to promoting the use of magnesium in various applications. Their mission is threefold: firstly, they aim to encourage innovative applications of magnesium, a versatile metal, in material selection. Secondly, they serve the industry and their members by organizing events such as annual conferences, seminars, and conducting statistical programs, research, and publications. Lastly, the International Magnesium Association strives to develop and increase the use and acceptance of magnesium and its alloys, contributing to the usefulness of the industry for the general public.

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Impact




October, 2024

The International Magnesium Association (IMA) has a significant impact on promoting the use of magnesium and its alloys across various industries. Founded in 1943, IMA strives to enhance the industry's visibility and application through activities like the annual World Magnesium Conference, seminars, and the provision of valuable research and publications.

The organization plays a crucial role in educating industry stakeholders. Through engaging events, such as its recently held three-day conference, IMA facilitates knowledge exchange and networking among approximately 170 attendees, including sponsors and exhibitors. This platform allows participants to share innovative ideas and advancements related to magnesium, contributing to the overall growth of its applications.

Additionally, IMA’s commitment to community improvement reinforces its mission to advocate for the welfare of the magnesium industry. By working to increase acceptance of magnesium, the IMA not only benefits its members but also enhances the broader public's understanding and use of this versatile metal. This ongoing effort ultimately contributes to advancements in technology and materials science, making a significant impact on various sectors that utilize magnesium.




This information is meant to be a general summary of International Magnesium Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$504,366 (2022)
Expenses
$525,503 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,941
  • Program Service Revenue: $428,269
  • Gross Receipts: $504,366

Assets and Liabilities:

  • Total Assets: $440,630
  • Total Liabilities: $148,262
  • Net Assets: $292,368

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$244,269

WORLD CONFERENCE

Revenue

$184,000

Organization Details

Founding Year

1985

Principal Officer

Lee Helgen

Main Address

1000 WESTGATE DRIVE 252, ST PAUL, MN, 55114

NTEE Category

Code: S41 - Community improvement

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