Overview
What is Ipm Institute Of North America Inc?
Ipm Institute of North America Inc is a nonprofit organization situated in Madison, Wisconsin. With a team of 18 dedicated individuals, their mission is to enhance sustainability in agriculture through market-based mechanisms in integrated pest management and other sustainable practices. The Institute is actively engaged in various projects, including managing three major initiatives. One of these projects, the Sustainable Food Group, is responsible for maintaining and auditing food sustainability rating programs for various suppliers and produce supply chains. Another project involves the development and maintenance of a Pesticide Risk Tool (Pesticiderisk.org). This innovative online tool estimates the risk of negative impacts on pesticide application, aiming to minimize adverse effects on soil, water, air quality, aquatic and avian life, beneficial organisms, and worker and consumer health and safety. Additionally, the Institute works in partnership with the Great Lakes Protection Fund, the National Fish and Wildlife Foundation, EPA, and the National Resources Conservation Service on the Partnership for Ag Resource Management project. This project aims to improve the management of key soil, nutrient, and crop-protection resources by keeping them on cropland and out of streams, rivers, and lakes.
Official website here: www.ipminstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 74%, Two-Star out of Four Star rating. The Ipm Institute Of North America Inc has received a "Needs Improvement" rating primarily due to a lack of financial transparency, indicated by missing financial statements. While the organization excels in accountability and finance, scoring 100%, the absence of posted tax forms on their website and limited independent board member representation raises concerns about governance.
The organization demonstrates strengths in several areas, such as maintaining a conflict of interest policy, a whistleblower policy, and effective document retention practices. Additionally, it has a strong program expense ratio of 73.06%, showing that a significant portion of its resources is allocated toward its programs.
However, the two independent board members and the missing financial statements limit the overall rating. The organization may benefit from improving its financial disclosure practices to enhance transparency and build trust with stakeholders. Overall, while the Ipm Institute Of North America Inc shows promise in its commitment to accountability, addressing governance issues would strengthen its standing.
This AI summary has been generated from information found on Charity Navigator.
Is Ipm Institute Of North America Inc legitimate?
Ipm Institute Of North America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ipm Institute Of North America 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: $82,886
Professional Fundraising Fees: $0
Other Salaries and Wages: $539,004
For more financial information, click here
Official website here: www.ipminstitute.org
What is the mission statement of Ipm Institute Of North America Inc?
The Ipm Institute of North America Inc's mission is centered around enhancing sustainability in agriculture. This is achieved through the implementation of market-based mechanisms in Integrated Pest Management and other sustainable practices. The institute aims to improve the overall sustainability of agricultural processes, thereby promoting environmental health and preserving resources. In addition to its primary mission, the institute manages various projects, such as the Sustainable Food Group, which audits and maintains food sustainability rating programs, and the Pesticide Risk Tool (PesticideRisk.org), an online tool designed to estimate the potential negative impacts of pesticide application, thereby reducing adverse effects on soil, water, air quality, and human health. The institute also collaborates with organizations like the Great Lakes Protection Fund, the National Fish and Wildlife Foundation, EPA, and the National Resources Conservation Service on projects aimed at improving the management of key soil, nutrient, and crop-protection resources.
Official website here: www.ipminstitute.org
Who is the CEO of Ipm Institute Of North America Inc?
Nick Speckman is the President of Ipm Institute Of North America Inc. The CEO's salary of Ipm Institute Of North America Inc is $67,570 and their total compensation is $71,400.
Official website here: www.ipminstitute.org
What is the revenue of Ipm Institute Of North America Inc?
Ipm Institute Of North America Inc's revenue in 2022 was $936,157.
Official website here: www.ipminstitute.org
Who are the executives of Ipm Institute Of North America Inc and what are their salaries?
The average compensation at Ipm Institute Of North America Inc during 2022 was $34,549. There are 18 employees and 9 volunteers at Ipm Institute Of North America Inc.
Here are 4 key members and their salaries (Ipm Institute Of North America Inc's CEO's salary is $67,570 and their total compensation is $71,400):
- Compensation: $11,486
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $67,570
- Related: $0
- Other: $3,830
Official website here: www.ipminstitute.org
Where can I find the form 990 for Ipm Institute Of North America Inc?
Ipm Institute Of North America Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ipminstitute.org
Learn more at the official website: www.ipminstitute.org
Mission Statement of Ipm Institute Of North America Inc
The Ipm Institute of North America Inc is committed to improving sustainability in agriculture. Their mission is achieved through the implementation of market-based mechanisms in integrated pest management and other sustainable practices. The institute aims to enhance the agricultural sector's environmental friendliness, focusing on reducing negative impacts on soil, water, and air quality; avian and aquatic life; beneficial organisms; and worker and consumer health and safety.
In addition to its primary mission, the Ipm Institute of North America Inc manages various projects. One such project is the Sustainable Food Group, which maintains and audits food sustainability rating programs for various suppliers and produce supply chains. Another project involves the development and maintenance of PesticideRisk.org, an innovative online tool that estimates the risk of adverse impacts on pesticide application. This tool aims to minimize negative effects on various environmental aspects and human health.
Furthermore, the Ipm Institute of North America Inc collaborates with several organizations, including the Great Lakes Protection Fund, the National Fish and Wildlife Foundation, the EPA, and the National Resources Conservation Service, on the Partnership for Ag Resource Management project. This project aims to improve the management of key soil, nutrient, and crop-protection resources, keeping them on cropland and out of streams, rivers, and lakes. This holistic approach to agriculture sustainability is central to the Ipm Institute of North America Inc's mission and projects.
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Impact
July, 2024
Ipm Institute Of North America Inc's impact is focused on improving sustainability in agriculture through market-based mechanisms in integrated pest management and other sustainable practices. The institute manages various projects that work towards this goal, including overseeing food sustainability rating programs, developing and maintaining a pesticide risk tool to reduce negative impacts, and collaborating on projects to improve soil, nutrient, and crop-protection resource management.
Through its initiatives, the institute contributes to the promotion of environmentally friendly agricultural practices, protection of soil, water, and air quality, conservation of wildlife habitats, and enhancement of worker and consumer health and safety. By working with various funding sources and partners, the institute plays a significant role in advancing sustainable agriculture practices and educating stakeholders in the field.
This information is meant to be a general summary of Ipm Institute Of North America 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: $1,197
- Program Service Revenue: $853,764
- Gross Receipts: $936,157
Assets and Liabilities:
- Total Assets: $459,518
- Total Liabilities: $119,108
- Net Assets: $340,410
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING SERVICES
Revenue
$853,764
Organization Details
Founding Year
1998
Phone
(608) 232-1410Principal Officer
Nick Speckman
Main Address
211 S PATERSON ST 380, MADISON, WI, 537034504
Website
www.ipminstitute.orgNTEE Category
Code: B90 - Education
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