Overview
What is National Fluid Power Association?
The National Fluid Power Association (NFPA) is a vital nonprofit organization situated in Milwaukee, Wisconsin. With a focus on fostering a collaborative environment, NFPA serves as a platform for fluid power manufacturers, distributors, and suppliers to collectively advance their interests. Key activities include hosting an annual conference, organizing regional conferences, managing association committees and councils, and facilitating a network of future industry leaders. Additionally, the organization engages in ISO standard-setting activities. The core mission of NFPA is to bolster the fluid power industry by constructing an effective forum, providing industry statistics, promoting fluid power, and cultivating a well-educated workforce. With a modest workforce of 14 individuals, NFPA plays a significant role in strengthening this particular industry sector.
Official website here: www.nfpa.com
Is National Fluid Power Association legitimate?
National Fluid Power Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Fluid Power 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: $319,738
Professional Fundraising Fees: $0
Other Salaries and Wages: $718,786
For more financial information, click here
Official website here: www.nfpa.com
What is the mission statement of National Fluid Power Association?
The National Fluid Power Association (NFPA) aims to strengthen the fluid power industry by serving as a powerful platform. This is accomplished by building an effective forum for manufacturers, distributors, and suppliers to advance their shared interests. The association provides industry statistics, promotes the significance of fluid power, and works towards expanding the educated workforce. To achieve this, NFPA organizes annual conferences, regional meetings, and ISO standard-setting activities. Additionally, they establish association committees and councils, foster a network of future industry leaders, and engage in ISO standard-setting activities.
Official website here: www.nfpa.com
Who is the CEO of National Fluid Power Association?
Eric Lanke is the Past Chair of National Fluid Power Association. The CEO's salary of National Fluid Power Association is $266,622 and their total compensation is $309,135.
Official website here: www.nfpa.com
What is the revenue of National Fluid Power Association?
National Fluid Power Association's revenue in 2022 was $3,380,802.
Official website here: www.nfpa.com
Who are the executives of National Fluid Power Association and what are their salaries?
The average compensation at National Fluid Power Association during 2022 was $74,180. There are 14 employees and 100 volunteers at National Fluid Power Association.
Here are 20 key members and their salaries (National Fluid Power Association's CEO's salary is $266,622 and their total compensation is $309,135):
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- Compensation: $266,622
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- Compensation: $152,891
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- Other: $36,454
Official website here: www.nfpa.com
Where can I find the form 990 for National Fluid Power Association?
National Fluid Power Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nfpa.com
Learn more at the official website: www.nfpa.com
Mission Statement of National Fluid Power Association
The National Fluid Power Association (NFPA) is dedicated to bolstering the fluid power industry. To achieve this, the organization constructs an effective forum where manufacturers, distributors, and suppliers can collaborate and advance their shared interests. This forum includes annual conferences, regional meetings, association committees and councils, a network of future industry leaders, and involvement in the setting of ISO standards. NFPA also plays a significant role in supplying industry statistics and promoting fluid power technology. Furthermore, the association is committed to nurturing a well-educated workforce, working towards its growth and development.
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Impact
October, 2024
The National Fluid Power Association (NFPA) significantly impacts the fluid power industry by creating a robust platform for collaboration among manufacturers, distributors, and suppliers. Its annual and regional conferences, alongside committees and councils, facilitate the advancement of collective interests within the industry. This environment fosters innovation and strategic partnerships, influencing the growth and direction of fluid power technologies.
Moreover, NFPA provides critical industry statistics that help members make informed decisions, identify trends, and strategically position themselves in the market. Through its commitment to promoting fluid power, the association enhances public awareness and understanding of its applications and benefits, which is vital for its sustained growth.
Additionally, NFPA plays a crucial role in workforce development. By investing in educational initiatives, the association helps cultivate a skilled workforce capable of meeting current and future demands in fluid power. This focus on education ensures that the industry remains competitive and innovative, ultimately contributing to community improvement through economic development and job creation.
This information is meant to be a general summary of National Fluid Power 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 2022.
- Investment Income: $391,144
- Program Service Revenue: $2,936,419
- Gross Receipts: $5,168,229
Assets and Liabilities:
- Total Assets: $6,189,581
- Total Liabilities: $1,178,665
- Net Assets: $5,010,916
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,804,605
TRADE SHOWS
Revenue
$631,425
CONFERENCE REGISTRATION FEES
Revenue
$451,889
EXECUTIVE LEADERSHIP TRAINING
Revenue
$48,500
Organization Details
Founding Year
1953
Phone
(414) 778-3344Principal Officer
Eric Lanke
Main Address
6737 W WASHINGTON STREET 2350, MILWAUKEE, WI, 53214
Website
www.nfpa.comNTEE Category
Code: S41 - Community improvement
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