Overview
What is Hydraulic Institute Inc?
Hydraulic Institute Inc is a nonprofit organization committed to being the foremost authority in training related to pumps and pumping systems. Their mission is to deliver unbiased education on topics such as energy efficiency, reliability, and economic optimization of pump systems. While I'm unable to provide specific activity or mission details due to the instruction, I can infer that they likely conduct training programs and workshops to achieve their goal of enhancing the understanding and application of pump systems.
Official website here: www.pumps.org
What do the Facebook reviews say about Hydraulic Institute Inc?
Currently, there are four reviews available on Facebook for the Hydraulic Institute Inc, but it has not yet received an overall rating. Despite the limited number of reviews, one user mentioned their appreciation for the knowledge shared by the organization, indicating that the information and resources provided are valuable.
It seems that those who have engaged with the Hydraulic Institute Inc appreciate the educational aspect of their offerings. While there isn't a broad range of opinions to evaluate, the positive sentiment from the available feedback suggests that the nonprofit's mission to inform and educate resonates with its audience.
Overall, the reviews hint at a promising foundation for the organization, with indications that users find value in the knowledge provided, which reflects the nonprofit's commitment to its educational goals.
This AI summary has been generated from reviews found on Facebook.
Is Hydraulic Institute Inc legitimate?
Hydraulic Institute Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hydraulic 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: $976,590
Professional Fundraising Fees: $0
Other Salaries and Wages: $411,626
For more financial information, click here
Official website here: www.pumps.org
What is the mission statement of Hydraulic Institute Inc?
Hydraulic Institute Inc, as a leading authority, is dedicated to offering unbiased training on pumps and pumping systems. Their primary focus is to enhance understanding in areas such as energy efficiency, reliability, and economic considerations, as well as the effective application of these systems. Their objective is to equip individuals with the necessary knowledge to optimize pump system performance.
Official website here: www.pumps.org
What is the revenue of Hydraulic Institute Inc?
Hydraulic Institute Inc's revenue in 2023 was $3,513,409.
Official website here: www.pumps.org
Who are the executives of Hydraulic Institute Inc and what are their salaries?
The average compensation at Hydraulic Institute Inc during 2023 was $77,123. There are 18 employees and 150 volunteers at Hydraulic Institute Inc.
Here are 17 key members and their salaries:
- Compensation: $305,022
- Related: $76,256
- Other: $57,453
- Compensation: $191,147
- Related: $21,239
- Other: $39,236
- Compensation: $118,404
- Related: $50,744
- Other: $18,834
- Compensation: $96,138
- Related: $32,046
- Other: $24,731
- Compensation: $30,659
- Related: $91,977
- Other: $936
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.pumps.org
Where can I find the form 990 for Hydraulic Institute Inc?
Hydraulic Institute Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pumps.org
Learn more at the official website: www.pumps.org
Mission Statement of Hydraulic Institute Inc
Hydraulic Institute Inc, as a leading training authority, is committed to playing a pivotal role in the field of pumps and pumping systems. Its mission is to provide unbiased education on critical aspects such as energy efficiency, reliability, and economic advantages of pump systems. The organization strives to equip professionals with the necessary skills to apply pump systems effectively, thereby enhancing their overall performance.
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Impact
October, 2024
Hydraulic Institute Inc plays a pivotal role in advancing knowledge and expertise in the field of pumps and pumping systems. By serving as a leading training authority, it enhances the understanding of energy efficiency, reliability, and the economic aspects of pump systems. Through its product-neutral training programs, the organization empowers professionals to make informed decisions, which in turn fosters innovation and better practices within the industry.
Located in Parsippany, NJ, Hydraulic Institute Inc is dedicated to improving the application of pump systems, contributing significantly to community improvement. Its efforts not only facilitate better performance and sustainability in pumping operations but also drive broader industry standards that benefit businesses and consumers alike. Ultimately, the organization’s work has a lasting impact on operational efficiency, environmental conservation, and the overall economics of water and energy use within various sectors.
This information is meant to be a general summary of Hydraulic 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 2023.
- Investment Income: $345,855
- Program Service Revenue: $2,889,804
- Gross Receipts: $3,513,409
Assets and Liabilities:
- Total Assets: $5,778,517
- Total Liabilities: $2,272,818
- Net Assets: $3,505,699
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETINGS AND SEMINARS
Revenue
$672,584
MEMBERSHIP DUES
Revenue
$1,734,009
Membership Dues & Assessments
Revenue
$122,340
OTHER MEETING REVENUE
Revenue
$178,295
PUBLICATIONS AND SUBSCRIP
Revenue
$182,576
Organization Details
Founding Year
1917
Principal Officer
Michael Michaud
Website
www.pumps.orgNTEE Category
Code: S41 - Community improvement
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