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Fiberglass Reinforced Plastics Institute Inc

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

EIN: 200232812 ✦ Worcester, MA ✦ Designated as a 501(c)(6)

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Overview

What is Fiberglass Reinforced Plastics Institute Inc?

Fiberglass Reinforced Plastics Institute Inc, located in Worcester, Massachusetts, is a nonprofit organization dedicated to enhancing the chemical process equipment industry by addressing uncertainties and risks associated with Fiberglass Reinforced Plastics (FRP). They achieve this goal through various means, such as providing certification, education, membership, and related services. Their mission is to improve business conditions, equipment reliability, environmental safety, and overall safety in this industry. They have cultivated common business interests, exchanged ideas and information, and engaged in activities that further their organization's mission. With a modest workforce of one employee, they continue their mission to eliminate uncertainties and risks in the FRP sector, thereby benefiting the industry as a whole.


Official website here: www.frpi.org

Is Fiberglass Reinforced Plastics Institute Inc legitimate?

Fiberglass Reinforced Plastics Institute Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Fiberglass Reinforced Plastics 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: $66,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.frpi.org

What is the mission statement of Fiberglass Reinforced Plastics Institute Inc?

Fiberglass Reinforced Plastics Institute Inc's mission is primarily focused on eliminating uncertainty and risk associated with fiberglass reinforced plastics (FRP) in the chemical process equipment industry. By providing certification, education, membership, and related services, the institution aims to improve business conditions, equipment reliability, environmental concerns, and safety within the sector. The Institute's achievements include enhancing industry standards conformity, fostering qualified laminating capability, testing production run laminates, and ensuring certified laminate specification conformity. Additionally, they have cultivated common business interests, exchanged ideas and information, and engaged in various activities that further their organization's mission.


Official website here: www.frpi.org

Who is the CEO of Fiberglass Reinforced Plastics Institute Inc?

Gary L Arthur is the Executive Director & Presi of Fiberglass Reinforced Plastics Institute Inc.


Official website here: www.frpi.org

What is the revenue of Fiberglass Reinforced Plastics Institute Inc?

Fiberglass Reinforced Plastics Institute Inc's revenue in 2022 was $258,260.


Official website here: www.frpi.org

Who are the executives of Fiberglass Reinforced Plastics Institute Inc and what are their salaries?

The average compensation at Fiberglass Reinforced Plastics Institute Inc during 2022 was $66,800. There is 1 employee and 11 volunteers at Fiberglass Reinforced Plastics Institute Inc.


Here are 4 key members and their salaries:


Gary L Arthur (Executive Director & Presi)
  • Compensation: $65,000
  • Related: $0
  • Other: $0
Douglas M Druzbik (Trustee)
  • Compensation: $600
  • Related: $0
  • Other: $0
Robert A Kriner Cpa (Trustee)
  • Compensation: $600
  • Related: $0
  • Other: $0
Ronald T Marconi (Trustee)
  • Compensation: $600
  • Related: $0
  • Other: $0


Official website here: www.frpi.org

Where can I find the form 990 for Fiberglass Reinforced Plastics Institute Inc?

Fiberglass Reinforced Plastics Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.frpi.org

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

Mission Statement of Fiberglass Reinforced Plastics Institute Inc

Fiberglass Reinforced Plastics Institute Inc, abbreviated as FRP Institute, is committed to mitigating the uncertainty and risks associated with fiberglass reinforced plastics (FRP) in the chemical process equipment industry. By doing so, the organization aims to enhance business conditions, improve equipment reliability, promote environmental and safety standards, and ultimately, benefit the industry as a whole. They achieve this mission by providing certification, education, membership, and related services. Through these efforts, the FRP Institute has managed to improve industry standards conformity, develop qualified laminating capabilities, test production run laminates, and ensure certified laminate specification conformity. Furthermore, the institute has fostered common business interests, collaborated and exchanged ideas with industry peers, and engaged in various activities that support its mission.

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Impact




October, 2024

Fiberglass Reinforced Plastics Institute Inc plays a crucial role in enhancing the fiberglass reinforced plastics (FRP) industry by addressing uncertainties and risks associated with FRP materials in chemical process equipment. Through its certification, education, and membership services, the organization fosters improved industry standards and practices.

The Institute's impact is evident in various key areas. It has successfully improved the conformance to industry standards, ensuring that FRP products meet strict quality and safety requirements. By qualifying laminating capabilities and testing production run laminates, the Institute guarantees that manufacturers adhere to high-performance benchmarks, which is vital for equipment reliability and operational safety.

Moreover, the organization cultivates common business interests by facilitating collaboration and the exchange of ideas and information among industry stakeholders. This collective effort helps streamline processes, share best practices, and ultimately creates a more robust and informed industry. The emphasis on education further empowers professionals in the field, equipping them with the knowledge and skills necessary to advance their practices and maintain safety standards.

Overall, the Fiberglass Reinforced Plastics Institute Inc significantly contributes to the betterment of business conditions, reliability, environmental standards, and safety within the FRP sector, playing an essential role in driving progress and innovation.




This information is meant to be a general summary of Fiberglass Reinforced Plastics 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.

Revenue
$258,260 (2022)
Expenses
$130,717 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $40
  • Program Service Revenue: $105,595
  • Gross Receipts: $258,260

Assets and Liabilities:

  • Total Assets: $56,956
  • Total Liabilities: $25,524
  • Net Assets: $31,432

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Programs

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

TRAINING/COACHING SERV

Revenue

$41,952

PROJECT & OPERATIONS S

Revenue

$31,137

CERTIFICATION FEES

Revenue

$25,545

PUBLICATION SALES

Revenue

$6,961

Organization Details

Founding Year

2003

Principal Officer

Gary L Arthur

Main Address

210 PARK AVENUE 8, WORCESTER, MA, 01609

NTEE Category

Code: B99 - Education

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