Overview
What is Nlgi?
Nlgi, based in Liberty, Missouri, is a small-scale nonprofit organization with a mission to gather and share information related to grease use and associated products. They achieve this objective by publishing a bi-monthly trade magazine, serving as a valuable resource for individuals and businesses in this field. With a team of four dedicated employees, Nlgi plays a significant role in nurturing knowledge and fostering communication within the grease industry.
Official website here: www.nlgi.org
Is Nlgi legitimate?
Nlgi is a legitimate nonprofit organization registered as a 501(c)(6) entity. Nlgi 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: $183,530
Professional Fundraising Fees: $0
Other Salaries and Wages: $143,925
For more financial information, click here
Official website here: www.nlgi.org
What is the mission statement of Nlgi?
The organization known as Nlgi is committed to obtaining and disseminating information regarding grease use and related products. One of their key activities involves the publication of a grease trade magazine on a bi-monthly basis. In essence, their mission is centered around providing valuable insights and resources related to grease utilization and associated products, as well as regularly publishing an industry-focused magazine.
Official website here: www.nlgi.org
Who is the CEO of Nlgi?
Jim Hunt is the Immediate Past President of Nlgi.
Official website here: www.nlgi.org
What is the revenue of Nlgi?
Nlgi's revenue in 2022 was $1,359,687.
Official website here: www.nlgi.org
Who are the executives of Nlgi and what are their salaries?
The average compensation at Nlgi during 2022 was $81,864. There are 4 employees and 30 volunteers at Nlgi.
Here are 21 key members and their salaries:
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- Compensation: $157,800
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- Other: $25,730
Official website here: www.nlgi.org
Where can I find the form 990 for Nlgi?
Nlgi's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nlgi.org
Learn more at the official website: www.nlgi.org
Mission Statement of Nlgi
Nlgi, short for the National Lubricating Grease Institute, is a nonprofit organization dedicated to obtaining and disseminating information about grease use and products. At the heart of their mission, Nlgi publishes a bi-monthly trade magazine, serving as a valuable resource for industry professionals. This publication aims to keep its readers informed about the latest developments and trends in the field of grease application and product innovation. By sharing this knowledge, Nlgi contributes to the advancement of the industry and supports the informed decision-making of its members and the broader community.
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Impact
October, 2024
Nlgi plays a vital role in enhancing the understanding and application of grease use and products within various industries. By obtaining and disseminating critical information, Nlgi ensures that professionals stay informed about the latest advancements, best practices, and industry standards.
The bi-monthly publication of a grease trade magazine serves as a valuable resource for individuals and organizations alike, covering topics that range from product innovations to practical applications. This magazine not only facilitates knowledge sharing but also fosters a sense of community among industry stakeholders.
Through its efforts, Nlgi directly contributes to community improvement by promoting effective lubrication solutions that lead to increased efficiency and longevity of machinery, ultimately supporting economic growth. The organization’s commitment to education and information dissemination helps elevate the standards of grease usage, ensuring safety and performance in various applications across multiple sectors.
This information is meant to be a general summary of Nlgi. 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: $86,455
- Program Service Revenue: $1,273,232
- Gross Receipts: $1,360,063
Assets and Liabilities:
- Total Assets: $2,710,127
- Total Liabilities: $224,704
- Net Assets: $2,485,423
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER MEETINGS
Revenue
$459,436
CERTIFICATION MARK FEE
Revenue
$423,941
MEMBERSHIP DUES
Revenue
$319,278
SUBSCRIPTIONS/PUBLICAT
Revenue
$70,577
Organization Details
Founding Year
1933
Phone
(816) 524-2500Principal Officer
Jim Hunt
Main Address
118 N CONISTOR LANE B-281, LIBERTY, MO, 64068
Website
www.nlgi.orgNTEE Category
Code: S41 - Community improvement
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