Natural Stone Institute

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

EIN: 382817639 ✦ Oberlin, OH ✦ Designated as a 501(c)(6)

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Overview

What is Natural Stone Institute?

The Natural Stone Institute is a prominent organization, established in 2018, through the merger of the Marble Institute of America (MIA) and the Building Stone Institute (BSI). Based in Oberlin, Ohio, the Institute serves the natural stone industry by providing comprehensive authoritative information, education, standards, and advocacy. Their mission involves leading, supporting, and promoting unity within the industry. Their core values include leadership, stewardship, collaboration, and professionalism. The organization offers a variety of print and electronic publications, such as a bi-monthly newsletter, magazine, and technical manuals, to cater to the design community. They also provide consumer brochures and safety resources. The Natural Stone Institute has a committed workforce of 23 individuals, dedicated to the growth and development of the natural stone industry.


Official website here: www.naturalstoneinstitute.org

Is Natural Stone Institute legitimate?

Natural Stone Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Natural Stone 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: $207,942
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,250,175

For more financial information, click here


Official website here: www.naturalstoneinstitute.org

What is the mission statement of Natural Stone Institute?

The Natural Stone Institute's mission is to spearhead, support, and promote a unified natural stone industry. They achieve this through the dissemination of authoritative information, education, standards, and advocacy. The institute's core values encompass leadership, stewardship, collaboration, and professionalism. Established in 2018 as a merger of the Marble Institute of America and the Building Stone Institute, the Natural Stone Institute aims to foster a cohesive industry. The institute was initially established in 1903 as the National Association of Marble Dealers, later evolving into the Marble Institute of America in 1944. In 1955, the Building Stone Institute was formed from the International Cut Stone Contractors and Quarrymen's Association, and in 1962, the National Association of Marble Builders merged with the Marble Institute of America.


Official website here: www.naturalstoneinstitute.org

Who is the CEO of Natural Stone Institute?

James Hieb is the Immediate Past President of Natural Stone Institute. The CEO's salary of Natural Stone Institute is $207,942 and their total compensation is $238,077.


Official website here: www.naturalstoneinstitute.org

What is the revenue of Natural Stone Institute?

Natural Stone Institute's revenue in 2022 was $3,312,010.


Official website here: www.naturalstoneinstitute.org

Who are the executives of Natural Stone Institute and what are their salaries?

The average compensation at Natural Stone Institute during 2022 was $63,396. There are 23 employees and 13 volunteers at Natural Stone Institute.


Here are 14 key members and their salaries (Natural Stone Institute's CEO's salary is $207,942 and their total compensation is $238,077):


Michael Picco (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Badia Ontra (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Naquin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Jensen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Christensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Cohen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Filippo Emanuel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Erickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrel Pitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amit Gupta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ali Kader (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Mitnick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Arcot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hieb (Chief Executive Officer)
  • Compensation: $207,942
  • Related: $0
  • Other: $30,135


Official website here: www.naturalstoneinstitute.org

Where can I find the form 990 for Natural Stone Institute?

Natural Stone Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.naturalstoneinstitute.org

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

Mission Statement of Natural Stone Institute

The Natural Stone Institute, a unified organization formed in 2018 through the merger of the Marble Institute of America and the Building Stone Institute, is committed to leading, supporting, and promoting the natural stone industry. Their mission is achieved through the provision of authoritative information, education, standards, and advocacy. The institute values leadership, stewardship, collaboration, and professionalism in all its endeavors.

Established with a rich history, the Marble Institute of America was officially formed in 1944 after merging with the National Association of Marble Producers. The Building Stone Institute, originally known as the International Cut Stone Contractors and Quarrymen's Association, was founded in 1894, later changing its name to the Building Stone Institute in 1955. The Natural Stone Institute's mission is a testament to the collective strength and expertise of these two respected organizations, working together to drive the natural stone industry forward.

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Impact




October, 2024

The Natural Stone Institute (NSI) plays a vital role in the natural stone industry by leading, supporting, and promoting a cohesive industry through authoritative information, education, standards, and advocacy. Formed from the merger of the Marble Institute of America and the Building Stone Institute, NSI is committed to enhancing the professionalism and stewardship of its members, fostering collaboration within the industry.

Through a range of publications—including bi-monthly newsletters, technical manuals, and consumer brochures—NSI provides essential educational resources that help industry professionals and the design community stay informed about best practices and standards. The Dimension Stone Design Manual, in particular, serves as a critical technical resource for working with natural stone, ensuring that practitioners have access to vital specifications and data.

NSI’s emphasis on leadership and advocacy promotes the interests of its members, helping to improve industry standards and practices. By championing collaboration and professionalism, the Institute fosters a positive impact not only on its members but also on the broader community, contributing to advancements in safety, sustainability, and innovation within the natural stone field.




This information is meant to be a general summary of Natural Stone 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
$3,312,010 (2022)
Expenses
$3,039,204 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $30,322
  • Program Service Revenue: $2,693,406
  • Gross Receipts: $3,711,636

Assets and Liabilities:

  • Total Assets: $3,618,705
  • Total Liabilities: $913,268
  • Net Assets: $2,705,437

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Programs

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

MEMBERSHIP DUES

Revenue

$1,460,925

SPONSORSHIPS

Revenue

$596,120

ADVERTISTING

Revenue

$153,955

TECHNICAL SERVICES

Revenue

$146,106

MISCELLANEOUS

Revenue

$83,070

Organization Details

Founding Year

1988

Principal Officer

James Hieb

Main Address

380 E LORAIN STREET, OBERLIN, OH, 44074

NTEE Category

Code: S41 - Community improvement

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