Truss Plate Institute Inc

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

EIN: 520886039 ✦ Waldorf, MD ✦ Designated as a 501(c)(6)

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Overview

What is Truss Plate Institute Inc?

Truss Plate Institute Inc is a nonprofit organization dedicated to ensuring the truss industry operates on a solid engineering foundation. They achieve this goal by offering a range of programs, primarily focusing on the sale of technical publications and industry standards related to trusses. This nonprofit organization is committed to preserving the stability and reliability of the wood truss industry, contributing to its overall growth and success.


Official website here: www.tpinst.org

Is Truss Plate Institute Inc legitimate?

Truss Plate Institute Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Truss Plate Institute 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: $177,165
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,517

For more financial information, click here


Official website here: www.tpinst.org

What is the mission statement of Truss Plate Institute Inc?

The Truss Plate Institute Inc's mission is centered around maintaining the truss industry on a solid engineering foundation. They accomplish this by providing various programs, primarily focusing on the sale of technical publications and industry standards. By doing so, they ensure that the wood truss industry operates with a strong engineering basis, thereby contributing to its overall stability and growth.


Official website here: www.tpinst.org

Who is the CEO of Truss Plate Institute Inc?

Jay Jones is the President of Truss Plate Institute Inc.


Official website here: www.tpinst.org

What is the revenue of Truss Plate Institute Inc?

Truss Plate Institute Inc's revenue in 2022 was $521,689.


Official website here: www.tpinst.org

Who are the executives of Truss Plate Institute Inc and what are their salaries?

The average compensation at Truss Plate Institute Inc during 2022 was $183,682. There is 1 employee and 7 volunteers at Truss Plate Institute Inc.


Here are 6 key members and their salaries:


Michael Schwitter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Miller (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Baird Quisenberry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Masengill (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
April Burt (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Jones Pe (Executive Director)
  • Compensation: $169,435
  • Related: $0
  • Other: $7,730


Official website here: www.tpinst.org

Where can I find the form 990 for Truss Plate Institute Inc?

Truss Plate Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tpinst.org

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

Mission Statement of Truss Plate Institute Inc

Truss Plate Institute, a notable entity in the field, is committed to maintaining the truss industry on a solid engineering foundation. Their mission, in essence, is to uphold the wood truss industry using engineering principles. To achieve this, they offer a variety of programs, primarily involving the sale of technical publications and industry standards. By doing so, Truss Plate Institute contributes to the stability and reliability of the truss industry, ensuring that it adheres to the highest engineering standards.

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Impact




October, 2024

Truss Plate Institute Inc plays a crucial role in supporting the wood truss industry by ensuring that it operates on a sound engineering basis. Through the sale of technical publications and the establishment of industry standards, the organization provides essential resources that foster best practices and promote safety in truss design and manufacturing. By maintaining high engineering standards, Truss Plate Institute helps manufacturers and builders ensure the quality and reliability of truss systems, which are vital components in construction.

Additionally, the institute contributes to community improvement by enhancing the overall safety and integrity of buildings and structures. This impact is particularly significant in the realms of residential and commercial construction, where robust engineering practices can prevent structural failures and accidents. By advocating for sound engineering principles, Truss Plate Institute Inc not only facilitates advancements within the industry but also supports the safety and welfare of the communities that rely on these structures.




This information is meant to be a general summary of Truss Plate Institute 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.

Revenue
$521,689 (2022)
Expenses
$292,255 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14,007
  • Program Service Revenue: $500,000
  • Gross Receipts: $522,521

Assets and Liabilities:

  • Total Assets: $924,603
  • Total Liabilities: $16,272
  • Net Assets: $908,331

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Programs

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

MEMBERSHIP DUES

Revenue

$500,000

Organization Details

Founding Year

1960

Principal Officer

Jay Jones

Main Address

2670 CRAIN HIGHWAY 203, WALDORF, MD, 20601

NTEE Category

Code: S41 - Community improvement

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