Overview
What is Outdoor Power Equipment Institute Inc?
The Outdoor Power Equipment Institute Inc, located in Alexandria, Virginia, is a nonprofit organization dedicated to serving the interests of the outdoor power equipment industry. Its members actively participate in committees, focusing on significant issues such as fuel types, safety standards, emissions, and special marketing projects. The Institute also facilitates networking opportunities, enabling members to compete effectively in the industry. In addition, it provides industry-specific information, including product shipment reports, state legislative and regulatory updates, and economic forecasts. The Institute's mission is to enhance the economic well-being of the outdoor power equipment sector by addressing public safety, environmental responsibility, and business development concerns. With a modest team of nine employees, the Outdoor Power Equipment Institute Inc plays a crucial role in shaping and supporting this industry.
Official website here: www.opei.org
Is Outdoor Power Equipment Institute Inc legitimate?
Outdoor Power Equipment Institute Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Outdoor Power Equipment 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: $1,146,217
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,735,726
For more financial information, click here
Official website here: www.opei.org
What is the mission statement of Outdoor Power Equipment Institute Inc?
The Outdoor Power Equipment Institute Inc's mission is centered around supporting and enhancing the economic interests of the outdoor power equipment industry. They achieve this by addressing the shared concerns of their members in key areas such as public safety, environmental responsibility, and business development. The organization facilitates committees that tackle critical industry issues, including fuel types, safety standards, emissions, and special marketing projects. Additionally, OPEI provides networking opportunities and industry-specific information to its members, including product shipment reports, legislative updates, and economic forecasts, helping them compete effectively in the industry.
Official website here: www.opei.org
Who is the CEO of Outdoor Power Equipment Institute Inc?
Kris Kiser is the Chair of Outdoor Power Equipment Institute Inc. The CEO's salary of Outdoor Power Equipment Institute Inc is $751,105 and their total compensation is $831,191.
Official website here: www.opei.org
What is the revenue of Outdoor Power Equipment Institute Inc?
Outdoor Power Equipment Institute Inc's revenue in 2022 was $8,632,791.
Official website here: www.opei.org
Who are the executives of Outdoor Power Equipment Institute Inc and what are their salaries?
The average compensation at Outdoor Power Equipment Institute Inc during 2022 was $320,216. There are 9 employees and 523 volunteers at Outdoor Power Equipment Institute Inc.
Here are 19 key members and their salaries (Outdoor Power Equipment Institute Inc's CEO's salary is $751,105 and their total compensation is $831,191):
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- Compensation: $751,105
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- Compensation: $184,267
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- Other: $46,021
Official website here: www.opei.org
Where can I find the form 990 for Outdoor Power Equipment Institute Inc?
Outdoor Power Equipment Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.opei.org
Learn more at the official website: www.opei.org
Mission Statement of Outdoor Power Equipment Institute Inc
The Outdoor Power Equipment Institute Inc is dedicated to enhancing the economic interests of the outdoor power equipment industry. It achieves this mission by focusing on the common interests of its members in the domains of public safety, environmental responsibility, and business development. The organization facilitates this by having its members participate in various committees that tackle critical industry issues such as fuel standards, safety, emissions, and special marketing projects.
In addition to committee work, Outdoor Power Equipment Institute Inc also fosters networking opportunities that enable its members to compete effectively within the industry. It provides industry-specific information, such as product shipment reports, updates on state legislation and regulations, and economic forecasts related to the industry. Furthermore, the institute keeps its members informed about developments affecting the outdoor power equipment industry. By engaging in these activities, Outdoor Power Equipment Institute Inc aims to serve the best interests of its members and contribute to the overall growth and success of the outdoor power equipment industry.
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Impact
October, 2024
The Outdoor Power Equipment Institute Inc (OPEI) plays a significant role in shaping the outdoor power equipment industry by addressing critical issues such as fuels, safety standards, and emissions. By facilitating participation on various committees, OPEI enables its members to influence policies and standards that directly affect the industry, ensuring that the voices of stakeholders are heard and considered.
OPEI also enhances the competitive landscape by providing networking opportunities that foster collaboration among industry members. This engagement supports knowledge sharing and strategic partnerships, enabling companies to navigate challenges and adapt to market demands effectively.
Furthermore, OPEI delivers essential industry-specific information, including product shipment reports and updates on state legislation and regulations. This intelligence is invaluable for businesses looking to optimize their operations and stay ahead of changing regulatory environments. Through its industry econometric forecasts and insights into developments affecting the sector, OPEI helps its members make informed decisions and strategically plan for the future.
In summary, OPEI is instrumental in advancing public safety, promoting environmental responsibility, and supporting business development within the outdoor power equipment industry, thus enhancing the overall economic interests of its members.
This information is meant to be a general summary of Outdoor Power Equipment 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $111,419
- Program Service Revenue: $8,354,239
- Gross Receipts: $8,632,791
Assets and Liabilities:
- Total Assets: $18,275,659
- Total Liabilities: $9,968,915
- Net Assets: $8,306,744
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRADE SHOW
Revenue
$5,869,716
MEMBERSHIP DUES
Revenue
$2,237,804
ANNUAL MEETING
Revenue
$206,640
ADVERTISING
Revenue
$40,079
Organization Details
Founding Year
1952
Phone
(703) 549-7600Principal Officer
Kris Kiser
Main Address
1605 KING STREET 3RD FLOOR, ALEXANDRIA, VA, 22314
Website
www.opei.orgNTEE Category
Code: S41 - Community improvement
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