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Institute For Building Technology And Safety

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

EIN: 541963889 ✦ Ashburn, VA ✦ Designated as a 501(c)(3)

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Overview

What is Institute For Building Technology And Safety?

The Institute for Building Technology and Safety (IBTS) is a nonprofit organization based in Ashburn, Virginia. They specialize in forming public-nonprofit partnerships with municipalities, states, and federal governments to enhance efficient service delivery. IBTS offers various services tailored to building departments, flood plains, stormwater, planning departments, municipalities, CDBG, resiliency, disaster/emergency management, and energy. Their mission is to provide quality services that address the challenges of governance and contribute to public safety, economic development, and the overall well-being of the community. Currently, IBTS employs 177 individuals.


Official website here: www.ibts.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

The Institute For Building Technology And Safety has achieved an impressive rating of 96%, indicating a strong commitment to accountability and finance. This high score is derived entirely from the organization's robust financial practices, showcasing its transparency and effective use of resources. The organization boasts 85% independent board members, which reflects a strong governance structure aimed at maintaining integrity and accountability.

Strengths highlighted in the evaluation include the absence of material diversion of assets and excellent scores in various governance metrics, such as a well-defined conflict of interest policy and whistleblower protection measures. Furthermore, the organization demonstrates a solid program expense ratio of 70.23%, indicating that a significant portion of its funds is directed towards its programs rather than administrative expenses.

Despite its strengths, the data does not indicate any noted limitations or areas for improvement. Overall, the Institute For Building Technology And Safety appears to be a well-managed nonprofit with strong financial health and governance practices, making it a reliable choice for potential donors and supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Institute For Building Technology And Safety legitimate?

Institute For Building Technology And Safety is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Building Technology And Safety 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: $1,316,308
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,366,393

For more financial information, click here


Official website here: www.ibts.org

What is the mission statement of Institute For Building Technology And Safety?

The Institute For Building Technology and Safety is dedicated to delivering quality services that address the challenges of governance at various levels, enhancing public safety, economic development, and the overall welfare of the community. IBTS assists municipalities, states, and federal governments through public-non-profit partnerships, offering a range of services including building department, flood plain, stormwater, planning department, municipal, CDBG, resiliency, disaster/emergency management, and energy solutions. Their mission is to effectively serve the needs of their clients in providing efficient service delivery.


Official website here: www.ibts.org

Who is the CEO of Institute For Building Technology And Safety?

Anjuma Goswami Karkera is the Chair of Institute For Building Technology And Safety. The CEO's salary of Institute For Building Technology And Safety is $593,626 and their total compensation is $633,917.


Official website here: www.ibts.org

What is the revenue of Institute For Building Technology And Safety?

Institute For Building Technology And Safety's revenue in 2022 was $39,068,286.


Official website here: www.ibts.org

Who are the executives of Institute For Building Technology And Safety and what are their salaries?

The average compensation at Institute For Building Technology And Safety during 2022 was $60,354. There are 177 employees and 6 volunteers at Institute For Building Technology And Safety.


Here are 14 key members and their salaries (Institute For Building Technology And Safety's CEO's salary is $593,626 and their total compensation is $633,917):


Victoria A Reinhardt (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashok Goswami (Ceo/ Vice Chairman)
  • Compensation: $593,626
  • Related: $0
  • Other: $40,291
Brenda Bergeron (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krista Lillis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noel Bernal (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Od Harris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Choudhary (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maurice Kessler (Chief Financial Officer)
  • Compensation: $250,006
  • Related: $0
  • Other: $14,527
Christopher Fennell (Chief Development Officer)
  • Compensation: $290,499
  • Related: $0
  • Other: $22,587
Joseph Balac (General Counsel)
  • Compensation: $256,545
  • Related: $0
  • Other: $20,785
Paul Hancher (Director)
  • Compensation: $211,868
  • Related: $0
  • Other: $25,269
Craig Bertolett (Director)
  • Compensation: $212,973
  • Related: $0
  • Other: $18,014
Aseem Jaiswal (Director)
  • Compensation: $194,176
  • Related: $0
  • Other: $10,038
Steven Green (Sr.Program Director(End 3/1/23))
  • Compensation: $197,440
  • Related: $0
  • Other: $9,804


Official website here: www.ibts.org

Where can I find the form 990 for Institute For Building Technology And Safety?

Institute For Building Technology And Safety's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ibts.org

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

Mission Statement of Institute For Building Technology And Safety

The Institute for Building Technology and Safety (IBTS) is a dedicated organization that strives to deliver top-notch services to address the challenges of governance at all levels, enhancing public safety, economic development, and the general welfare of the community. With a mission to provide quality services, IBTS assists municipalities, states, and the federal government through public-nonprofit partnerships.

IBTS offers a diverse range of services to meet the needs of its clients. These include building department assistance, flood plain management, stormwater management, planning department services, municipal support, Community Development Block Grant (CDBG) programs, resilience initiatives, disaster and emergency management, and energy solutions. By delivering efficient service delivery in each of these areas, IBTS plays a vital role in ensuring the safety and well-being of communities across the board.

In pursuit of this mission, IBTS provides solutions that enable government entities to enhance their service delivery and address the complex challenges they face. Through its offerings, IBTS helps to maintain the safety and integrity of buildings, protect against natural disasters, and foster economic growth, ultimately contributing to the overall welfare of the community. By focusing on these key areas, IBTS positions itself as a trusted partner in the ongoing efforts to build safer and more resilient communities.

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Impact




October, 2024

The Institute for Building Technology and Safety (IBTS) significantly enhances public safety, economic development, and community welfare. By delivering quality services, IBTS addresses the challenges faced by municipalities, states, and federal governments through strategic partnerships. The organization offers a range of solutions that include building department services, floodplain management, stormwater management, planning department support, and disaster/emergency management.

Through these services, IBTS helps communities implement effective governance strategies, ensuring compliance with regulations while promoting resilience against natural disasters. Their expertise contributes to efficient service delivery, enabling local governments to respond better to the needs of their constituents. By focusing on areas such as community development block grants (CDBG) and energy management, IBTS empowers communities to progress toward sustainable development while safeguarding public interests and enhancing overall quality of life.




This information is meant to be a general summary of Institute For Building Technology And Safety. 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
$39,068,286 (2022)
Expenses
$32,613,366 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $257,661
  • Program Service Revenue: $37,454,161
  • Gross Receipts: $55,506,238

Assets and Liabilities:

  • Total Assets: $33,134,663
  • Total Liabilities: $12,385,352
  • Net Assets: $20,749,311

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Programs

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

OTHER CONTRACT REVENUE

Revenue

$30,734,791

FEDERAL CONTRACT REVENUE

Revenue

$6,225,223

SUBSCRIPTIONS

Revenue

$494,147

Organization Details

Founding Year

1997

Principal Officer

Anjuma Goswami Karkera

Main Address

45207 RESEARCH PLACE, ASHBURN, VA, 20147

NTEE Category

Code: W90 - Public benefit

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