Institute Of International Container Lessors Ltd

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

EIN: 237309986 ✦ Holmdel, NJ ✦ Designated as a 501(c)(6)

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Overview

What is Institute Of International Container Lessors Ltd?

The Institute of International Container Lessors Ltd (IICL) is a nonprofit organization headquartered in Holmdel, New Jersey, with a US address at 75 WISTERIA CT. Its primary mission is to support and advance the interests of its members within the container and chassis leasing industry. IICL is actively engaged in various issues such as technology, education, safety, environment, governmental, regulatory, and security matters. As part of its commitment, IICL offers inspector certification examinations for containers and chassis in over 5,000 locations worldwide, backed by publications, tools, and courses. In 2022, 510 inspectors were certified, and two courses were scheduled. The organization showcases its industry-wide standards and best practices through these initiatives. With a limited workforce of three individuals, IICL continues to contribute to the betterment of the container and chassis leasing sector.


Official website here: www.iicl.org

Is Institute Of International Container Lessors Ltd legitimate?

Institute Of International Container Lessors Ltd is a legitimate nonprofit organization registered as a 501(c)(6) entity. Institute Of International Container Lessors Ltd 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: $499,893
Professional Fundraising Fees: $0
Other Salaries and Wages: $103,555

For more financial information, click here


Official website here: www.iicl.org

What is the mission statement of Institute Of International Container Lessors Ltd?

The Institute of International Container Lessors Ltd (IICL) is committed to supporting its members and enhancing conditions within the container and chassis leasing industry. It engages in various issues such as technology, education, safety, environment, governmental, regulatory, and security matters. The IICL complements its widely recognized industry standards and best practices by offering inspector certification examinations for containers and chassis in over 5,000 locations worldwide. These examinations are backed by publications, tools, and courses, aiming to improve industry practices and promote safety standards globally.


Official website here: www.iicl.org

What is the revenue of Institute Of International Container Lessors Ltd?

Institute Of International Container Lessors Ltd's revenue in 2023 was $1,764,208.


Official website here: www.iicl.org

Who are the executives of Institute Of International Container Lessors Ltd and what are their salaries?

The average compensation at Institute Of International Container Lessors Ltd during 2023 was $201,149. There are 3 employees and 40 volunteers at Institute Of International Container Lessors Ltd.

Here are 12 key members and their salaries:


Dennis Lombardi (President/Secretary)
  • Compensation: $292,500
  • Related: $0
  • Other: $7,371
Luiz Goncalves (Technical Service Director)
  • Compensation: $205,053
  • Related: $0
  • Other: $41,619
Oliver Ghesquiere (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Walsh (First Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Mccabe (Second Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Matthew (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eliseo Mena Jr (Director Marketing/Administration)
  • Compensation: $103,065
  • Related: $0
  • Other: $33,263
William J Shea Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Than Seeds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marco Poggio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Sappio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Sondey (Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iicl.org

Where can I find the form 990 for Institute Of International Container Lessors Ltd?

Institute Of International Container Lessors Ltd's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.iicl.org

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

Mission Statement of Institute Of International Container Lessors Ltd

The Institute of International Container Lessors Ltd, abbreviated as IICL, is committed to advancing the interests of its members and enhancing conditions within the container and chassis leasing industry. The organization is proactive in addressing various issues pertinent to this sector, encompassing technological, educational, safety, environmental, governmental, regulatory, and security concerns. To further bolster its influence, the IICL offers inspector certification examinations for containers and chassis, which are widely recognized and adhere to industry standards and best practices. This certification program is accessible in over 5,000 locations worldwide, and is supported by a range of publications, tools, and courses. The IICL's far-reaching influence and commitment to improving conditions within the container and chassis leasing industry is evident through its globally recognized examinations and supporting resources.

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Impact




October, 2024

The Institute of International Container Lessors Ltd (IICL) significantly influences the container and chassis leasing industry through its commitment to enhancing member interests and improving industry conditions. By focusing on technological advancements, education, safety, environmental standards, and regulatory compliance, the IICL addresses critical concerns within the sector.

In 2022, the organization certified 510 inspectors through its rigorous examination process, reflecting a strong emphasis on professional competency and industry standards. The IICL also conducted courses in key locations like Genoa and La Spezia, Italy, contributing to the professional development of industry participants and improving overall operational quality.

By providing widely accepted standards and best practices, the IICL plays a vital role in promoting safety and efficiency in container leasing. Its global reach, with certification opportunities in over 5,000 locations, ensures that a standardized approach to container and chassis inspection is accessible to a broad audience. This robust framework not only supports IICL members but also enhances the integrity and reliability of the leasing industry as a whole.




This information is meant to be a general summary of Institute Of International Container Lessors Ltd. 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
$1,764,208 (2023)
2011201220132014201520162017201820192020202120222023$0$450k$900k$1.35M$1.8M
Expenses
$1,541,642 (2023)
2011201220132014201520162017201820192020202120222023$0$400k$800k$1.2M$1.6M
Efficiency
20112012201320142015201620172018201920202021202220230%15%30%56%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $24
  • Program Service Revenue: $1,649,425
  • Gross Receipts: $1,813,872

Assets and Liabilities:

  • Total Assets: $613,116
  • Total Liabilities: $117,434
  • Net Assets: $495,682

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Programs

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

MEMBERSHIP DUES AND ASSESSMENTS

Revenue

$1,121,794

CONTAINER INSPECTORS FEES

Revenue

$443,645

CONTINUING PROFESSIONAL EDUCATION

Revenue

$75,361

CHASSIS INSPECTORS FEES

Revenue

$8,625

Organization Details

Founding Year

1972

Principal Officer

Jeremy Matthew

Main Address

75 WISTERIA CT, HOLMDEL, NJ, 07733

NTEE Category

Code: S41 - Community improvement

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