Overview
What is Ird Association Inc?
Ird Association Inc, based in Ford City, Pennsylvania, is a nonprofit organization primarily focused on the steel industry. The association gathers individuals actively involved in the rolling of steel products, offering a platform for discussions, development, and dissemination of roll design techniques and technical aspects related to the production of hot rolled steel products. With a mission to proliferate knowledge in this field, Ird Association Inc aims to foster collaboration among its members. However, the worldwide Covid-19 pandemic significantly impacted their programming capabilities, limiting their ability to execute their mission as effectively as before.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating. This rating indicates that Ird Association Inc demonstrates a reasonable level of accountability and financial health, with a score based entirely on its Accountability & Finance beacon.
The organization boasts a high program expense ratio of 96.44%, suggesting that a significant portion of its resources is directed towards its mission-driven activities. Furthermore, it has an independent board, with 100% of its members being independent and maintaining a small board size, which is a positive sign of governance. The absence of material asset diversion also reflects strong financial practices.
However, there are some limitations noted in the evaluation. The charity lacks a whistleblower policy and document retention and destruction policy, which could pose risks to its governance practices. While it has solid financial ratios, these missing policies highlight areas for improvement in transparency and operational integrity. Overall, while the organization performs well in many areas, addressing these gaps would strengthen its accountability framework.
This AI summary has been generated from information found on Charity Navigator.
Is Ird Association Inc legitimate?
Ird Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ird Association Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ird Association Inc?
The Ird Association Inc is an organization primarily focused on supporting the steel industry. Its mission is to serve as a platform for professionals actively involved in the roll design and production of hot rolled steel products. The association aims to foster a collaborative environment where these individuals can discuss, develop, and share knowledge related to their specific fields. The objective is to advance the art of roll design and enhance the technical aspects of hot rolled steel production.
Who is the CEO of Ird Association Inc?
Chet Knell is the President of Ird Association Inc.
What is the revenue of Ird Association Inc?
Ird Association Inc's revenue in 2022 was $117,450.
Who are the executives of Ird Association Inc and what are their salaries?
There 20 volunteers at Ird Association Inc.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Ird Association Inc?
Ird Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ird Association Inc
The Ird Association Inc, a esteemed organization, is committed to the betterment of the steel industry. Its membership primarily consists of individuals who are deeply involved in the specialized disciplines that contribute to the creation of hot rolled steel products. This group comes together on this platform to engage in discussions, explore innovations, and promote the dissemination of knowledge related to roll design and the technical aspects pertinent to the production of such steel products. The ultimate objective of Ird Association Inc is to foster a collaborative environment, where members can share their expertise and collectively progress in their respective fields.
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Impact
October, 2024
Ird Association Inc plays a vital role in advancing the steel industry by uniting professionals engaged in the rolling of steel products. The organization fosters a collaborative environment where members can share knowledge, innovate, and enhance their expertise in roll design and the technical processes associated with producing hot rolled steel. Through discussions and development initiatives, Ird Association Inc contributes to the continuous improvement and proliferation of best practices in the industry.
Despite challenges such as the Covid-19 pandemic, which limited programming opportunities, the association remains committed to its mission. By providing a platform for networking and the exchange of ideas, it supports the growth and sustainability of the steel sector, ultimately impacting production efficiency and quality. The expertise cultivated through this organization contributes significantly to the evolution of steel manufacturing, benefitting both members and the broader industry.
This information is meant to be a general summary of Ird Association Inc. 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: $735
- Program Service Revenue: $87,797
- Gross Receipts: $117,450
Assets and Liabilities:
- Total Assets: $122,728
- Total Liabilities: $6,525
- Net Assets: $116,203
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Fees
Revenue
$87,797
Organization Details
Founding Year
2016
Phone
(724) 763-9050Principal Officer
Chet Knell
Main Address
101 River Ave, Ford City, PA, 16226
NTEE Category
Code: U40 - Science research
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