Overview
What is Friction Materials Standards Institute Inc?
The Friction Materials Standards Institute Inc is a nonprofit organization primarily serving as a collective for manufacturers of automotive friction materials, with a focus on brake linings and clutch facings. Its primary mission involves gathering and disseminating relevant information within this industry, thereby acting as a valuable resource for its members. The organization functions as an association, fostering a collaborative environment among its member manufacturers.
Official website here: www.fmsi.org
Is Friction Materials Standards Institute Inc legitimate?
Friction Materials Standards Institute Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Friction Materials Standards Institute Inc 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: $154,279
For more financial information, click here
Official website here: www.fmsi.org
What is the mission statement of Friction Materials Standards Institute Inc?
The Friction Materials Standards Institute Inc, functioning as an association primarily for manufacturers of automotive friction materials such as brake linings and clutch facings, collects and disseminates relevant information to its member companies. Its mission lies in facilitating knowledge exchange, aiming to improve the quality, safety, and efficiency of automotive friction materials. The Institute serves as a platform for sharing best practices, standards, and advancements in the field, thereby contributing to the overall improvement and progress of the automotive friction materials industry.
Official website here: www.fmsi.org
Who is the CEO of Friction Materials Standards Institute Inc?
Frank Oliveto is the Director of Friction Materials Standards Institute Inc.
Official website here: www.fmsi.org
What is the revenue of Friction Materials Standards Institute Inc?
Friction Materials Standards Institute Inc's revenue in 2022 was $575,953.
Official website here: www.fmsi.org
Who are the executives of Friction Materials Standards Institute Inc and what are their salaries?
The average compensation at Friction Materials Standards Institute Inc during 2022 was $77,140. There are 2 employees at Friction Materials Standards Institute Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fmsi.org
Where can I find the form 990 for Friction Materials Standards Institute Inc?
Friction Materials Standards Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fmsi.org
Learn more at the official website: www.fmsi.org
Mission Statement of Friction Materials Standards Institute Inc
The Friction Materials Standards Institute, as an organization, primarily focuses on collecting data for manufacturers of automotive friction materials. Acting as an association, it predominantly caters to companies that produce brake linings and clutch facings within the automotive industry. The role of this institute is to gather and disseminate information, thereby facilitating the industry's growth and improvement in the production of these crucial automotive components.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Friction Materials Standards Institute Inc plays a vital role in the automotive industry by providing essential information and resources for manufacturers of automotive friction materials, particularly brake linings and clutch facings. By serving as a hub for manufacturers, the organization fosters collaboration and communication within the industry, enabling the exchange of best practices and innovations. This collective knowledge not only helps improve the quality and performance of friction materials but also enhances safety standards across the automotive sector.
The Institute’s efforts ensure that manufacturers stay informed about the latest developments in material science and regulatory requirements, which is crucial for maintaining competitive advantages in a rapidly evolving market. By advocating for consistent performance standards, the organization contributes to the overall safety and efficiency of vehicles, directly impacting consumer confidence and public safety. Its presence in Auburn Hills, MI, a key automotive manufacturing hub, positions it strategically to influence and support the industry's growth and sustainability.
This information is meant to be a general summary of Friction Materials Standards Institute Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $29,837
- Gross Receipts: $587,965
Assets and Liabilities:
- Total Assets: $1,084,032
- Total Liabilities: $250,431
- Net Assets: $833,601
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1948
Phone
(203) 245-8425Principal Officer
Frank Oliveto
Main Address
3069 UNIVERSITY DRIVE 210, AUBURN HILLS, MI, 48326
Website
www.fmsi.orgNTEE Category
Code: U40Z - Science research
If you are a representative of Friction Materials Standards Institute Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.