Overview
What is Investment Casting Institute?
The Investment Casting Institute is a nonprofit organization, headquartered in Montvale, New Jersey, with a team of five dedicated individuals. Their primary mission is to promote and support the investment casting industry by fostering professional, academic, educational, and technical interests. They provide a platform for advancement in technology and product quality, ensuring compliance with U.S. laws and regulations. The organization hosts events like the annual meeting, such as the 15th World Conference on Investment Casting, which focuses on technical issues in the industry and showcases innovative solutions to customer challenges. The Institute also organizes exhibitions and holds a contest to recognize industry leaders and promote the investment casting process globally.
Official website here: www.investmentcasting.org
What do the Facebook reviews say about Investment Casting Institute?
98% of 10 reviewers on Facebook recommend the Investment Casting Institute. Here is a summary of their reviews:
Many users appreciate the informative nature of the page, indicating that it provides valuable insights into the investment casting industry. The recommendation of other businesses, like OTTOMMO Casting, suggests that the Institute facilitates connections and shares resources beneficial to those interested in quality casting options.
Overall, the sentiment leans positively, as reviewers express satisfaction with the content and the network created around investment casting, reflecting a strong endorsement of the Institute’s relevance and effectiveness in its field.
This AI summary has been generated from reviews found on Facebook.
Is Investment Casting Institute legitimate?
Investment Casting Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Investment Casting Institute 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: $293,647
Professional Fundraising Fees: $0
Other Salaries and Wages: $297,728
For more financial information, click here
Official website here: www.investmentcasting.org
What is the mission statement of Investment Casting Institute?
The Investment Casting Institute's mission is to champion the investment casting industry and its members. They accomplish this by promoting professional, academic, educational, and technical interests within the field. The institute serves as a platform for the advancement of technology and product quality, benefiting both customers and manufacturers. Furthermore, they support free trade, fair competition, and adherence to U.S. laws and regulations regarding commerce and industrial trade.
Official website here: www.investmentcasting.org
Who is the CEO of Investment Casting Institute?
Joseph E Fritz is the CEO of Investment Casting Institute The CEO's salary of Investment Casting Institute is $218,574 and their total compensation is $293,647.
Official website here: www.investmentcasting.org
What is the revenue of Investment Casting Institute?
Investment Casting Institute's revenue in 2023 was $1,542,646.
Official website here: www.investmentcasting.org
Who are the executives of Investment Casting Institute and what are their salaries?
The average compensation at Investment Casting Institute during 2023 was $84,482. There are 7 employees at Investment Casting Institute.
Here are 13 key members and their salaries (Investment Casting Institute's CEO's salary is $218,574 and their total compensation is $293,647):
- Compensation: $218,574
- Related: $0
- Other: $75,073
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Official website here: www.investmentcasting.org
Where can I find the form 990 for Investment Casting Institute?
Investment Casting Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.investmentcasting.org
Learn more at the official website: www.investmentcasting.org
Mission Statement of Investment Casting Institute
The Investment Casting Institute, a nonprofit organization, is dedicated to promoting and supporting the investment casting industry. It achieves this by facilitating professional, academic, educational, and technical interests within the sector. The institute acts as a platform for advancement in technology and product quality, catering to both customers and manufacturers. Additionally, the Investment Casting Institute advocates for free trade, fair competition, and adherence to U.S. laws and regulations regarding commerce and industrial trade. Its mission is to foster a thriving and responsible investment casting industry, ensuring that it remains a vital and competitive force in the market.
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Impact
October, 2024
The Investment Casting Institute significantly influences the investment casting industry by facilitating professional development, education, and technical advancements. Its initiatives, such as the annual Fall Technical Meeting, branded as the 15th World Conference on Investment Casting, provide a critical platform for industry professionals to discuss technical issues and innovations. This event not only fosters the exchange of knowledge but also features exhibitions and a contest that highlight pioneering applications and components showcasing the investment casting process.
By encouraging participation from a global audience, the Institute enhances collaboration and communication across borders, promoting innovation and leadership within the sector. Its focus on marketing the investment casting industry and supporting its members helps drive advancements in technology and product quality, benefiting both customers and manufacturers. Additionally, the organization's commitment to free trade and fair competition reinforces ethical practices within the industry while adhering to U.S. laws regarding commerce and industrial trade. Overall, the Investment Casting Institute plays a pivotal role in shaping the future of the investment casting industry through education, recognition, and advocacy.
This information is meant to be a general summary of Investment Casting Institute. 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: $14,862
- Program Service Revenue: $1,494,433
- Gross Receipts: $1,542,646
Assets and Liabilities:
- Total Assets: $1,572,753
- Total Liabilities: $415,945
- Net Assets: $1,156,808
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FALL TECHNICAL MEETING
Revenue
$605,730
MEMBERSHIP DUES
Revenue
$600,953
TRAINING PROGRAMS
Revenue
$112,575
SPRING MANAGEMENT MEET
Revenue
$58,741
MANAGEMENT FEES INCOME
Revenue
$57,333
Organization Details
Founding Year
1953
Principal Officer
Joseph E Fritz
Website
www.investmentcasting.orgNTEE Category
Code: S41 - Community improvement
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