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Metals Service Center Institute

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

EIN: 340066490 ✦ Rolling meadows, IL ✦ Designated as a 501(c)(6)

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Overview

What is Metals Service Center Institute?

The Metals Service Center Institute is a nonprofit organization situated in Rolling Meadows, Illinois. Their primary mission is to enhance the efficiency and productivity of their member companies by offering national conferences, local meetings, and valuable industry data. This data includes shipment statistics, financial operating benchmarks, and employee salary data. The Institute aims to equip its members with the latest insights from top theorists and practitioners, empowering them to effectively address future business challenges. They conduct annual meetings and economic summits, featuring discussions on various high-level business topics such as the state of the economy, political analysis, and emerging business issues. With a team of 11 employees, the Metals Service Center Institute serves as a platform for networking and improving the quality of products and services, meeting the expectations of their customers, suppliers, and employees.


Official website here: www.msci.org

Is Metals Service Center Institute legitimate?

Metals Service Center Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Metals Service Center 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: $1,179,618
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,004,473

For more financial information, click here


Official website here: www.msci.org

What is the mission statement of Metals Service Center Institute?

The Metals Service Center Institute's mission is to enhance the efficiency and productivity of its member companies. This is achieved through various means, including national conferences and local meetings, providing industry data on shipments, financial operating benchmarks, and employee salary data. The institute's purpose is to enhance the effectiveness of member companies by offering information, education, governmental representation, networking opportunities, and a platform to improve the quality of their products and services. The institute organizes annual meetings and economic summits, where speakers discuss high-level business topics to help members stay informed about emerging issues and future challenges.


Official website here: www.msci.org

Who is the CEO of Metals Service Center Institute?

M Robert Weidner Iii is the Chair Person of Metals Service Center Institute. The CEO's salary of Metals Service Center Institute is $606,216 and their total compensation is $713,280.


Official website here: www.msci.org

What is the revenue of Metals Service Center Institute?

Metals Service Center Institute's revenue in 2022 was $10,640,982.


Official website here: www.msci.org

Who are the executives of Metals Service Center Institute and what are their salaries?

The average compensation at Metals Service Center Institute during 2022 was $198,554. There are 11 employees at Metals Service Center Institute.


Here are 26 key members and their salaries (Metals Service Center Institute's CEO's salary is $606,216 and their total compensation is $713,280):


Richard T Marabito (Chair Person)
  • Compensation: $0
  • Related: $0
  • Other: $0
James D Hoffman (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John G Reid (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen A Phillip (Treasurer, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Mark Mccareins (Secretary)
  • Compensation: $264,000
  • Related: $0
  • Other: $0
Brian Bedont (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noel E Briscoe (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Claussen (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ganem (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan H Goldin (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith A Harvey (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hickey (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Lerman (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karla R Lewis (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
William J Ring (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
David K Schmidt (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara R Smith (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa E Wagler (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Robert Weidner Iii Cae (President & Ceo)
  • Compensation: $606,216
  • Related: $0
  • Other: $107,064
Rose Manfredini (Vp Membership And Events)
  • Compensation: $188,007
  • Related: $0
  • Other: $33,680
Kathy Spellman (Vp, Account Management, Ferrous & Affiliates)
  • Compensation: $193,898
  • Related: $0
  • Other: $50,753
Justin Scott (Vp Innovation & Analytics)
  • Compensation: $216,000
  • Related: $0
  • Other: $53,913
Monique Combs (Vp, Knowledge & Learning)
  • Compensation: $157,712
  • Related: $0
  • Other: $56,271
Ryan Hietpas (Exec Director, Digitalization & Technology)
  • Compensation: $130,739
  • Related: $0
  • Other: $27,745
Janet O'Callaghan (Senior Staff Accountant / Office Manager)
  • Compensation: $100,081
  • Related: $0
  • Other: $41,061
Briana Dee (Senior Manager, Integrated Marketing & Member Expe)
  • Compensation: $100,009
  • Related: $0
  • Other: $50,248


Official website here: www.msci.org

Where can I find the form 990 for Metals Service Center Institute?

Metals Service Center Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.msci.org

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

Mission Statement of Metals Service Center Institute

The Metals Service Center Institute, a notable organization, is committed to enhancing the efficiency and productivity of its member companies. It achieves this by offering a platform for national conferences and local meetings, providing industry data on shipments, and offering financial operating benchmarks and employee salary data. This information exchange aims to equip member companies with the necessary tools to meet their customers', suppliers', and employees' expectations, thereby improving the overall quality of their products and services.

In line with its mission, the Metals Service Center Institute organizes two premier conferences annually: the Annual Meeting and the Economic Summit. These events feature esteemed speakers discussing high-level business topics, ranging from economic analyses to political insights, to emerging business issues. The goal is to expose members to leading theorists and practitioners, empowering them with the knowledge to address the challenges they may face in their businesses over the next twelve months and beyond. By fostering an environment of continuous learning and improvement, the Metals Service Center Institute plays a pivotal role in supporting the growth and success of its member companies.

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Impact




October, 2024

The Metals Service Center Institute (MSCI) plays a crucial role in enhancing the efficiency and productivity of its member companies. Through national conferences and local meetings, it fosters networking and collaboration among industry professionals, facilitating the exchange of ideas and best practices.

By providing valuable industry data on shipments, financial operating benchmarks, and employee salary data, MSCI equips its members with the insights necessary to make informed business decisions. Their annual meetings and economic summits serve as premier platforms for discussions on significant business topics, ranging from the state of the economy to political analysis and emerging business issues.

Members benefit from exposure to leading theorists and practitioners, ensuring they are well-prepared to tackle the challenges their businesses face both in the short and long term. MSCI’s commitment to education, governmental representation, and quality improvement contributes significantly to the overall growth and competitiveness of its member companies, meeting the expectations of customers, suppliers, and employees alike.




This information is meant to be a general summary of Metals Service Center 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.

Revenue
$10,640,982 (2022)
Expenses
$9,269,568 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $355,487
  • Program Service Revenue: $10,217,538
  • Gross Receipts: $20,913,027

Assets and Liabilities:

  • Total Assets: $26,253,662
  • Total Liabilities: $7,424,741
  • Net Assets: $18,828,921

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Programs

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

MEMBERSHIP DUES

Revenue

$5,328,093

MEETINGS & CONFERENCES

Revenue

$2,410,871

SEMINARS & TRAINING

Revenue

$2,321,491

INDUSTRY INFORMATION SALES TO MEM

Revenue

$157,083

Organization Details

Founding Year

1909

Principal Officer

M Robert Weidner Iii

Main Address

4201 EUCLID AVENUE, ROLLING MEADOWS, IL, 600082025

NTEE Category

Code: S05 - Community improvement

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