Overview
What is American Concrete Institute?
The American Concrete Institute is a Michigan-based, scientific and educational nonprofit organization situated at 38800 Country Club Drive in Farmington Hills. With 164 employees, their primary mission is to develop, disseminate, and advance the adoption of consensus-based concrete knowledge. They aim to utilize concrete to its fullest potential by operating as the national headquarters for this society, encouraging the exchange of ideas and new technologies in the concrete industry. The organization is renowned for editing and publishing bi-monthly journals, including "Concrete International," and various other concrete-related publications. The American Concrete Institute is dedicated to fostering growth and innovation within the concrete industry.
Official website here: www.concrete.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The American Concrete Institute has received a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. With a score of 96% in accountability and finance, the organization demonstrates effective governance and responsible financial management, which is crucial for building trust among donors and stakeholders.
Strengths highlighted in the evaluation include a fully independent board of directors, with 94% of its members being independent, and a robust financial oversight framework, evidenced by perfect scores in audit and conflict of interest policies. Additionally, the organization allocates a significant portion of its expenses (71.86%) directly to programs, showcasing its commitment to fulfilling its mission.
However, while the organization excels in many areas, it is essential for potential donors to consider the overall context of its work and impact within the concrete industry. Overall, the high ratings indicate strong management, but individuals interested in supporting the organization may wish to look further into its specific programs and outcomes to ensure alignment with their philanthropic goals.
This AI summary has been generated from information found on Charity Navigator.
Is American Concrete Institute legitimate?
American Concrete Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Concrete 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: $790,874
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,970,485
For more financial information, click here
Official website here: www.concrete.org
What is the mission statement of American Concrete Institute?
The American Concrete Institute is dedicated to advancing knowledge and utilizing concrete to its fullest potential. By operating as a scientific and educational society, they encourage the exchange of ideas and new technology in the concrete industry. The organization develops, disseminates, and promotes the adoption of consensus-based knowledge on concrete and its applications. Through bi-monthly journals, such as Concrete International, and other specific publications, they share essential information within the concrete field.
Official website here: www.concrete.org
Who is the CEO of American Concrete Institute?
Ronald Burg is the President of American Concrete Institute.
Official website here: www.concrete.org
What is the revenue of American Concrete Institute?
American Concrete Institute's revenue in 2022 was $22,000,747.
Official website here: www.concrete.org
Who are the executives of American Concrete Institute and what are their salaries?
The average compensation at American Concrete Institute during 2022 was $53,423. There are 164 employees and 4180 volunteers at American Concrete Institute.
Here are 23 key members and their salaries:
- Compensation: $800
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- Compensation: $473,692
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- Other: $53,973
- Compensation: $500
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- Compensation: $215,123
- Related: $0
- Other: $48,086
- Compensation: $245,114
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- Other: $24,396
- Compensation: $261,718
- Related: $0
- Other: $56,308
- Compensation: $222,735
- Related: $0
- Other: $23,796
Official website here: www.concrete.org
Where can I find the form 990 for American Concrete Institute?
American Concrete Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.concrete.org
Learn more at the official website: www.concrete.org
Mission Statement of American Concrete Institute
The American Concrete Institute (ACI) is on a mission to advance and promote the use of concrete through the development and dissemination of consensus-based knowledge. By operating the national headquarters of this scientific and educational society, ACI fosters the exchange of ideas and new technology within the concrete industry. The organization takes concrete to its fullest potential by editing and publishing bi-monthly journals, including Concrete International, and other specific publications in the concrete field. In doing so, ACI plays a pivotal role in ensuring the concrete industry stays up-to-date with the latest knowledge and advancements. Through its publications and headquarters, ACI encourages the continuous growth and development of concrete applications.
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Impact
October, 2024
The American Concrete Institute (ACI) plays a vital role in advancing the concrete industry by developing, disseminating, and promoting consensus-based knowledge on concrete and its various uses. Through its initiatives, ACI encourages the exchange of innovative ideas and technologies that enhance the application and performance of concrete.
Its commitment to education is evident in the regular publication of technical materials, including bi-monthly journals and the monthly Concrete International magazine, which serve as key resources for professionals in the field. These publications provide insights into best practices, design methodologies, and construction techniques, ensuring that stakeholders are well-informed about advancements and standards in concrete technology.
By fostering a collaborative environment among industry experts, ACI significantly impacts the quality, safety, and sustainability of concrete structures. This collective effort not only aids professionals but also helps to elevate industry standards and practices, ultimately benefitting the built environment and society at large.
This information is meant to be a general summary of American Concrete 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: $3,069,750
- Program Service Revenue: $13,665,554
- Gross Receipts: $31,959,048
Assets and Liabilities:
- Total Assets: $48,613,496
- Total Liabilities: $8,068,231
- Net Assets: $40,545,265
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CERTIFICATION INCOME
Revenue
$6,613,136
MEMBERSHIP DUES
Revenue
$3,149,537
CONVENTION INCOME
Revenue
$2,202,864
EDUCATIONAL SEMINARS
Revenue
$916,753
OTHER PROGRAM SERVICES
Revenue
$417,385
Organization Details
Founding Year
1960
Phone
(248) 848-3778Principal Officer
Ronald Burg
Main Address
38800 COUNTRY CLUB DRIVE, FARMINGTON HILLS, MI, 48331
Website
www.concrete.orgNTEE Category
Code: U30C - Science research
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