Methanol Institute

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

EIN: 521648751 ✦ Alexandria, VA ✦ Designated as a 501(c)(6)

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Overview

What is Methanol Institute?

Methanol Institute is a nonprofit organization situated in Alexandria, Virginia, specifically at 225 Reinekers Lane 205. Their primary focus is to educate and provide valuable information to government officials regarding the methanol industry. The organization conducts research and actively promotes the global use of methanol and products containing methanol. Furthermore, they represent the methanol industry in matters related to environmental, health, safety, economic, and governmental policies. They accomplish these objectives through various means, such as communication, education, scientific research, legislative, and regulatory efforts. The Methanol Institute employs a team of 4 individuals dedicated to achieving these aims.


Official website here: www.methanol.org

What do the Facebook reviews say about Methanol Institute?

100% of 8 reviewers on Facebook recommend the Methanol Institute. Here is a summary of their reviews:

Reviewers express a clear endorsement for the Methanol Institute, highlighting the positive impact and effectiveness of its initiatives. The organization is praised for its commitment to promoting methanol and its derivatives as viable energy solutions.

Overall, the sentiment is highly favorable, with supporters appreciating the valuable information and resources provided by the nonprofit. Many feel confident in the mission and the overall direction of the organization, indicating a strong belief in its role within the energy sector.


This AI summary has been generated from reviews found on Facebook.

Is Methanol Institute legitimate?

Methanol Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Methanol Institute 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: $598,573
Professional Fundraising Fees: $0
Other Salaries and Wages: $420,361

For more financial information, click here


Official website here: www.methanol.org

What is the mission statement of Methanol Institute?

The Methanol Institute is established with a mission to advance the global utilization of methanol and products containing methanol. The organization primarily achieves this objective through various means, including communication, education, scientific research, legislative, and regulatory efforts. Its primary focus is to represent the methanol industry and address issues related to environmental, health, safety, economic, and governmental policies. The Institute strives to accomplish these objectives primarily through proactive engagement, advocacy, and educational initiatives.


Official website here: www.methanol.org

Who is the CEO of Methanol Institute?

Gregory Dolan is the Chair of Methanol Institute. The CEO's salary of Methanol Institute is $362,750 and their total compensation is $373,573.


Official website here: www.methanol.org

What is the revenue of Methanol Institute?

Methanol Institute's revenue in 2022 was $2,716,702.


Official website here: www.methanol.org

Who are the executives of Methanol Institute and what are their salaries?

The average compensation at Methanol Institute during 2022 was $254,734. There are 4 employees and 14 volunteers at Methanol Institute.


Here are 17 key members and their salaries (Methanol Institute's CEO's salary is $362,750 and their total compensation is $373,573):


Anita Gajadhar (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Awwad Al-Nufaie (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deepak Devendrappa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shahrom Muhammad Bin Yusuf (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Struve (Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Hirsh (Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Sorlie (Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bashir Lebada (Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Huang Lin (Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abe Michio (Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frencois Dutoit (Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim O'Casek (Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Vassar (Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Sumner (Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Dolan (Ceo)
  • Compensation: $362,750
  • Related: $0
  • Other: $10,823
Christopher Chatterton (Coo)
  • Compensation: $225,000
  • Related: $0
  • Other: $0
Lawrence Navin (Director Of Government Public Affairs)
  • Compensation: $129,000
  • Related: $0
  • Other: $3,870


Official website here: www.methanol.org

Where can I find the form 990 for Methanol Institute?

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


Official website here: www.methanol.org

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

Mission Statement of Methanol Institute

The Methanol Institute, an organization dedicated to its mission, aims to foster the worldwide utilization of methanol and products incorporating methanol. This mission is achieved through various means, including research, promotion, and representation of the methanol industry. The Institute engages in communication, education, scientific, legislative, and regulatory efforts to achieve these objectives. By doing so, it strives to influence environmental, health, safety, economic, and governmental policies related to methanol and its applications.

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Impact




October, 2024

The Methanol Institute plays a crucial role in promoting the global use of methanol and its derivatives, focusing on research and advocacy. By educating government officials and industry stakeholders about the benefits and applications of methanol, the Institute enhances understanding of its environmental, health, safety, and economic implications.

Through effective communication and targeted educational programs, the Methanol Institute ensures that policymakers are informed about the advantages of methanol, thereby influencing governmental policy in favor of its adoption. This advocacy extends to addressing regulatory issues, aligning with scientific research to demonstrate methanol's viability and sustainability.

Overall, the Methanol Institute's impact is multifaceted, driving advancements in the methanol industry while fostering informed discussions on energy solutions, environmental benefits, and community improvement initiatives.




This information is meant to be a general summary of Methanol Institute. 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
$2,716,702 (2022)
Expenses
$2,743,065 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $29,731
  • Program Service Revenue: $2,686,800
  • Gross Receipts: $2,716,702

Assets and Liabilities:

  • Total Assets: $2,288,661
  • Total Liabilities: $1,169,444
  • Net Assets: $1,119,217

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Programs

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

MEMBERSHIP DUES

Revenue

$2,686,800

Organization Details

Founding Year

1989

Principal Officer

Gregory Dolan

Main Address

225 REINEKERS LANE 205, ALEXANDRIA, VA, 22314

NTEE Category

Code: S41 - Community improvement

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