Overview
What is Interindustry Economic Research Fund Inc?
The Interindustry Economic Research Fund Inc is a nonprofit organization that is dedicated to fostering economic research and analysis. They achieve this by utilizing and enhancing interindustry and various other economic modeling tools. Though they did not receive contributions during this fiscal year, their mission remains focused on promoting comprehensive economic understanding through the development and application of these tools.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (52%)
The Interindustry Economic Research Fund Inc has received a low rating of 52%, which reflects significant concerns regarding its accountability and finance practices. The organization does not have any independent board members, which raises questions about governance and oversight. Additionally, it is lacking essential policies and documentation, such as a conflict of interest policy and a whistleblower policy, which could hinder its transparency and accountability.
Despite these governance issues, the organization shows a strong commitment to program expenses, with an impressive ratio of 86.9%, indicating that it primarily allocates funds toward its mission-related activities. Furthermore, it has a low liabilities to assets ratio of 5.55%, suggesting a stable financial position. However, the absence of financial statements and proper documentation significantly undermines trust in its operational integrity.
In conclusion, while the Interindustry Economic Research Fund demonstrates financial responsibility in certain areas, the overall lack of transparency and governance structures results in a concerning evaluation. Potential donors and stakeholders may want to consider these factors carefully before supporting the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Interindustry Economic Research Fund Inc legitimate?
Interindustry Economic Research Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Interindustry Economic Research Fund 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: $355,948
Professional Fundraising Fees: $0
Other Salaries and Wages: $121,764
For more financial information, click here
What is the mission statement of Interindustry Economic Research Fund Inc?
The Interindustry Economic Research Fund, as an organization, is committed to fostering economic research and analysis. They achieve this by leveraging and enhancing interindustry and various other economic modeling tools. The primary objective of their activities is to promote comprehensive economic studies and analyses. Unfortunately, the provided information does not specify any additional details about their mission, such as their impact on specific communities or sectors, or their long-term goals.
Who is the CEO of Interindustry Economic Research Fund Inc?
D Meade is the President of Interindustry Economic Research Fund Inc.
What is the revenue of Interindustry Economic Research Fund Inc?
Interindustry Economic Research Fund Inc's revenue in 2023 was $714,137.
Who are the executives of Interindustry Economic Research Fund Inc and what are their salaries?
The average compensation at Interindustry Economic Research Fund Inc during 2023 was $79,619. There are 6 employees at Interindustry Economic Research Fund Inc.
Here are 4 key members and their salaries:
- Compensation: $172,255
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $76,261
- Related: $0
- Other: $0
- Compensation: $156,656
- Related: $0
- Other: $0
Where can I find the form 990 for Interindustry Economic Research Fund Inc?
Interindustry Economic Research Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Interindustry Economic Research Fund Inc
The Interindustry Economic Research Fund, as an organization, is dedicated to fostering economic research and analysis. They achieve this by employing and refining interindustry and various other economic modeling tools. This mission empowers them to delve into the intricacies of economic patterns, providing valuable insights and analyses. During their fiscal year, their programs did not receive any contributions, yet their commitment to promoting economic research remains unwavering.
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Impact
July, 2024
Interindustry Economic Research Fund Inc plays a vital role in promoting economic research and analysis using and developing interindustry and other economic modeling tools. Through its mission-driven activities, it contributes to the advancement of social research and expands the understanding of economic dynamics. By fostering the use of specialized tools and techniques, it enables researchers and analysts to conduct in-depth studies that can lead to valuable insights for various sectors.
This information is meant to be a general summary of Interindustry Economic Research Fund 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 2023.
- Investment Income: $8,349
- Program Service Revenue: $705,788
- Gross Receipts: $714,207
Assets and Liabilities:
- Total Assets: $403,068
- Total Liabilities: $22,394
- Net Assets: $380,674
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ECONOMIC RESEARCH AND STUDIES
Revenue
$705,788
Organization Details
Founding Year
1970
Phone
(301) 327-4609Principal Officer
D Meade
Main Address
PO BOX 451, COLLEGE PARK, MD, 20740
NTEE Category
Code: V20 - Social research
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