Overview
What is Forging Industry Association?
The Forging Industry Association is a prominent nonprofit organization in North America, boasting a membership of around 200 metal forging producers, suppliers, and service providers. These members collectively contribute to over 75% of the annual custom forging volume in North America. The primary objective of this association is to enhance its members' global competitiveness. This is achieved through various means, including fostering collaborations, sharing knowledge, and promoting best practices within the forging industry.
Official website here: www.forging.org
Is Forging Industry Association legitimate?
Forging Industry Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Forging Industry Association 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: $589,163
Professional Fundraising Fees: $0
Other Salaries and Wages: $406,493
For more financial information, click here
Official website here: www.forging.org
What is the mission statement of Forging Industry Association?
The Forging Industry Association, comprising 200 North American metal forging producers, suppliers, and service providers, is dedicated to enhancing the global competitiveness of its members. This organization, responsible for over 75% of the annual custom forging volume in North America, aims to accomplish this mission. The association serves as a platform for its members, enabling them to collaborate and share resources, ultimately boosting their collective standing in the global market.
Official website here: www.forging.org
Who is the CEO of Forging Industry Association?
James R Warren is the CEO of Forging Industry Association The CEO's salary of Forging Industry Association is $312,496 and their total compensation is $366,258.
Official website here: www.forging.org
What is the revenue of Forging Industry Association?
Forging Industry Association's revenue in 2024 was $2,756,643.
Official website here: www.forging.org
Who are the executives of Forging Industry Association and what are their salaries?
The average compensation at Forging Industry Association during 2024 was $90,514. There are 11 employees and 10 volunteers at Forging Industry Association.
Here are 13 key members and their salaries (Forging Industry Association's CEO's salary is $312,496 and their total compensation is $366,258):
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- Compensation: $312,496
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- Other: $53,762
- Compensation: $129,673
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- Other: $20,147
- Compensation: $146,994
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- Other: $24,240
Official website here: www.forging.org
Where can I find the form 990 for Forging Industry Association?
Forging Industry Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.forging.org
Learn more at the official website: www.forging.org
Mission Statement of Forging Industry Association
The Forging Industry Association, a collective of 200 North American metal forging producers, suppliers, and service providers, is committed to enhancing the global competitiveness of its members. This organization holds significant influence in the industry, as its members are responsible for producing over 75% of the custom forging volume annually in North America. The mission of the Forging Industry Association is to support and empower its members, ensuring they remain competitive on a global scale.
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Impact
October, 2024
The Forging Industry Association plays a critical role in enhancing the global competitiveness of its members, comprised of 200 North American metal forging producers, suppliers, and service providers. By representing more than 75 percent of the custom forging volume produced annually in North America, the association significantly influences the industry landscape.
Through various initiatives, the Forging Industry Association fosters collaboration among members, provides access to essential resources, and advocates for industry interests. Its activities help streamline processes, improve technologies, and enhance workforce skills, which collectively bolster the operational efficiency and market reach of member organizations.
Moreover, the association's focus on community improvement ensures that economic development and sustainability are integral parts of the forging industry’s growth. By supporting its members in navigating challenges and capitalizing on opportunities, the Forging Industry Association contributes to a robust and competitive metal forging sector in North America.
This information is meant to be a general summary of Forging Industry Association. 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 2024.
- Investment Income: $142,013
- Program Service Revenue: $2,435,248
- Gross Receipts: $5,069,495
Assets and Liabilities:
- Total Assets: $5,925,128
- Total Liabilities: $688,526
- Net Assets: $5,236,602
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES
Revenue
$1,345,466
MEETING INCOME
Revenue
$752,285
TUITION & EDUCATIONAL PROGRAMS
Revenue
$336,220
SALE OF PUBLICATIONS
Revenue
$1,277
Organization Details
Founding Year
1959
Principal Officer
James R Warren
Website
www.forging.orgNTEE Category
Code: S41 - Community improvement
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