Overview
What is The Vibration Institute?
The Vibration Institute, based in Naperville, Illinois, serves as a nonprofit organization dedicated to disseminating practical knowledge on evaluating machine behavior and condition without commercial bias. They accomplish this mission through various programs, such as seminars, courses, and exams to obtain or renew certifications. The Institute organizes an annual conference, offers membership benefits to individuals and businesses, and publishes resources to educate members and interested parties about mechanical vibration. Their initiatives encompass education, training, certification, networking opportunities, and the exchange of technical information and data, all delivered through meetings, publications, formal training, and networking events. With a small team of eight employees, The Vibration Institute remains committed to advancing the field of mechanical vibration and supporting professionals in their work.
Official website here: www.vi-institute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
The Vibration Institute has earned a Four-Star rating from Charity Navigator, signifying a high level of accountability and financial health. The organization scored 94% overall based on its exceptional performance in accountability and finance, indicating strong oversight and transparency in its financial practices.
The Institute boasts a majority of independent board members, ensuring that governance remains objective and free from conflicts of interest. It has also achieved perfect scores in several key areas, such as financial audits, conflict of interest policy, and document management practices. The organization dedicates a significant portion of its funds to programs, with a program expense ratio of 68.34%, reflecting its commitment to mission-driven activities.
While the organization demonstrates strong financial management and accountability, the data does not provide insights into its programmatic impact or community feedback. However, the high rating suggests that The Vibration Institute maintains a solid foundation in financial practices and governance.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Vibration Institute?
100% of 11 reviewers on Facebook recommend The Vibration Institute. Here is a summary of their feedback:
The Vibration Institute has received enthusiastic endorsements for its events, highlighting the beneficial meetings where analysts come together to exchange ideas. Reviewers appreciate the excellent presence of vendor representatives, which enhances the overall experience and learning opportunities at these gatherings.
Overall, the sentiment is overwhelmingly positive, indicating that attendees find great value in the organization’s offerings. Participants feel that the Institute effectively fosters a collaborative environment and contributes to professional development within the vibration analysis community.
This AI summary has been generated from reviews found on Facebook.
Is The Vibration Institute legitimate?
The Vibration Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Vibration 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: $204,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $377,750
For more financial information, click here
Official website here: www.vi-institute.org
What is the mission statement of The Vibration Institute?
The Vibration Institute's mission is centered around disseminating practical information related to evaluating machinery behavior and condition without any commercial interest. They accomplish this through various programs such as education, training, certification, and networking opportunities. These programs offer technical knowledge exchange, information, procedures, and data to their members, mainly through meetings, publications, formal training, and networking events. The institute aims to provide a platform for professionals in the field to share and learn from each other, ultimately contributing to the maintenance and improvement of machinery and equipment.
Official website here: www.vi-institute.org
Who is the CEO of The Vibration Institute?
David B Szrom is the Sec/Treasure of The Vibration Institute.
Official website here: www.vi-institute.org
What is the revenue of The Vibration Institute?
The Vibration Institute's revenue in 2022 was $1,591,694.
Official website here: www.vi-institute.org
Who are the executives of The Vibration Institute and what are their salaries?
The average compensation at The Vibration Institute during 2022 was $72,784. There are 8 employees at The Vibration Institute.
Here are 21 key members and their salaries:
- Compensation: $55,000
- Related: $0
- Other: $0
- Compensation: $31,299
- Related: $0
- Other: $0
- Compensation: $20,000
- Related: $0
- Other: $0
- Compensation: $19,300
- Related: $0
- Other: $0
- Compensation: $18,300
- Related: $0
- Other: $0
- Compensation: $15,300
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $5,100
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $3,803
- Related: $0
- Other: $0
- Compensation: $1,423
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.vi-institute.org
Where can I find the form 990 for The Vibration Institute?
The Vibration Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vi-institute.org
Learn more at the official website: www.vi-institute.org
Mission Statement of The Vibration Institute
The Vibration Institute, a nonprofit organization, is committed to disseminating practical information about evaluating machinery behavior and condition without any commercial interest. They achieve this mission by offering a variety of programs. These programs encompass education, training, certification, and opportunities for exchanging technical knowledge, information, procedures, and data. The institute accomplishes this through various means such as meetings, publications, formal training, and networking events. By doing so, The Vibration Institute plays a crucial role in promoting the exchange of valuable information within the field of machinery evaluation and condition assessment.
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
The Vibration Institute plays a crucial role in advancing the understanding and application of machinery condition monitoring and evaluation. By providing education, training, and certification opportunities, it empowers professionals to accurately assess machinery behavior without the influence of commercial interests.
Through seminars, courses, and annual conferences, the Institute fosters a collaborative environment where technical knowledge and best practices are shared among members and interested parties. These activities not only enhance individual expertise but also promote overall advancements in the field of mechanical vibration.
The publication of key resources and access to a network of professionals further enrich the community, ensuring that information on procedures and data is widely disseminated. This commitment to practical and unbiased information ultimately leads to improved machinery reliability, increased operational efficiency, and a culture of continuous learning in the industry.
This information is meant to be a general summary of The Vibration 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 2022.
- Investment Income: $57,150
- Program Service Revenue: $1,457,056
- Gross Receipts: $1,591,694
Assets and Liabilities:
- Total Assets: $2,135,311
- Total Liabilities: $635,927
- Net Assets: $1,499,384
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COURSES
Revenue
$713,280
CERTIFICATION
Revenue
$322,912
CONFERENCE
Revenue
$286,535
MEMBERSHIP
Revenue
$119,473
PUBLICATIONS
Revenue
$14,856
Organization Details
Founding Year
1972
Phone
(630) 654-2254Principal Officer
David B Szrom
Main Address
1801 N MILL ST STE A, NAPERVILLE, IL, 60563
Website
www.vi-institute.orgNTEE Category
Code: U4XC - Science research
If you are a representative of The Vibration Institute 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.