Overview
What is Solution Mining Research Institute?
The Solution Mining Research Institute is a nonprofit organization situated in Clarks Summit, Pennsylvania. Their primary focus is conducting research related to solution mining, cavern utilization, and the environmental impact associated with these activities. The institute sponsors and engages in studies, aiming to address challenges and advancements in these fields. They present relevant papers to the industry, sharing insights and advancements in solution mining and cavern utilization. Their ongoing projects include investigating the correlation between physical salt characteristics and mechanical properties, evaluating thermal expansion coefficients, and studying creep behavior under stress. In 2021, they completed four significant research projects that benefited the industry, such as optimizing critical flow velocities and backfilling techniques.
Official website here: www.solutionmining.org
Is Solution Mining Research Institute legitimate?
Solution Mining Research Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Solution Mining Research 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.
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.solutionmining.org
What is the mission statement of Solution Mining Research Institute?
The Solution Mining Research Institute is dedicated to sponsoring and engaging in research related to solution mining, cavern utilization, and the environmental impacts associated with these processes. Their primary objective is to present relevant findings to the industry, providing valuable insight into these areas. The Institute continues to conduct research on various salt types and their mechanical properties, as well as thermal expansion coefficients and creep behavior under stress. In 2021, four significant projects were completed, including optimizing flow velocities and backfilling techniques, updating the salt cavern incident database, and developing a monitoring system for axial loads in casings. These initiatives showcase the Institute's commitment to advancing the solution mining and cavern utilization industry.
Official website here: www.solutionmining.org
Who is the CEO of Solution Mining Research Institute?
John Nadeau is the Executive Di of Solution Mining Research Institute.
Official website here: www.solutionmining.org
What is the revenue of Solution Mining Research Institute?
Solution Mining Research Institute's revenue in 2022 was $900,501.
Official website here: www.solutionmining.org
Who are the executives of Solution Mining Research Institute and what are their salaries?
Here are 10 key members and their salaries:
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- Other: $109,143
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- Other: $26,295
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Official website here: www.solutionmining.org
Where can I find the form 990 for Solution Mining Research Institute?
Solution Mining Research Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.solutionmining.org
Learn more at the official website: www.solutionmining.org
Mission Statement of Solution Mining Research Institute
The Solution Mining Research Institute is dedicated to sponsoring and engaging in research related to solution mining, cavern utilization, and the environmental effects resulting from these processes. Their mission is twofold: firstly, they conduct research to gain insights into the physical characteristics of various salts and their relationships with mechanical properties, which are essential for design purposes. Secondly, they present papers of current interest to the industry concerning solution mining and cavern utilization. The institute's research initiatives also encompass the collection, storage, and distribution of standard rock salt specimens, evaluating strain measurements at the Stassfurt cavern, and addressing thermal-induced stresses in cyclic storage caverns. Moreover, their research focuses on the creep behavior under small deviatoric stress, contributing significantly to the solution mining and cavern utilization industry. In 2021, the institute completed four research projects of importance, including optimizing critical flow velocity in partially confined hanging strings, optimizing cavern backfilling techniques, updating the salt cavern incident database, and developing a suitable monitoring system to measure axial loads in casings.
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Impact
October, 2024
The Solution Mining Research Institute has a significant impact on the solution mining industry by fostering research and disseminating knowledge regarding cavern utilization and its environmental implications. Its efforts focus on critical areas such as the correlation of the physical characteristics of salt with mechanical properties to enhance design processes, and the collection and distribution of standard rock salt specimens, which are vital for uniformity and standardization across the industry.
The Institute’s ongoing research projects address essential challenges such as evaluating strain measurements and analyzing thermal expansion coefficients of rock salt, crucial for managing stresses in cyclic storage caverns. Their recent projects, including optimizing critical flow velocity in confined hanging strings, improving cavern backfilling techniques, and developing a monitoring system for axial loads in casings, demonstrate a commitment to innovation and safety in mining operations.
By presenting papers on topics of current interest and sharing findings from completed projects, the Solution Mining Research Institute contributes to the collective knowledge base, guiding best practices within the industry and promoting community improvement through enhanced operational effectiveness and environmental stewardship. Its initiatives support not only industry advancements but also the broader goal of responsible resource management.
This information is meant to be a general summary of Solution Mining Research 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: $1,589
- Program Service Revenue: $473,928
- Gross Receipts: $900,501
Assets and Liabilities:
- Total Assets: $954,697
- Total Liabilities: $178
- Net Assets: $954,519
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETING FEES
Revenue
$323,928
CONFERENCE SPONSORSHIPS
Revenue
$150,000
Organization Details
Founding Year
1965
Phone
(518) 348-6995Principal Officer
John Nadeau
Main Address
PO BOX 187, CLARKS SUMMIT, PA, 18411
Website
www.solutionmining.orgNTEE Category
Code: S40 - Community improvement
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