Overview
What is Modular Building Institute?
The Modular Building Institute is a nonprofit organization committed to promoting the use of offsite construction. Their mission involves implementing innovative construction techniques, educating the construction sector and customers, and acknowledging exceptional modular designs and facilities. They achieve this through various activities, such as outreach programs, educational initiatives, and recognition schemes for top-notch modular projects.
Official website here: www.modular.org
Is Modular Building Institute legitimate?
Modular Building Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Modular Building 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.
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Official website here: www.modular.org
What is the mission statement of Modular Building Institute?
The Modular Building Institute's mission is focused on promoting the use of offsite construction techniques. They achieve this through innovative construction practices, outreach, and education to both the construction community and potential customers. Furthermore, the institute recognizes and celebrates high-quality modular designs and facilities. This mission aims to advance the modular construction industry, ultimately benefiting both the industry and its clients.
Official website here: www.modular.org
Who is the CEO of Modular Building Institute?
Thomas E Hardiman is the Past Preside of Modular Building Institute.
Official website here: www.modular.org
What is the revenue of Modular Building Institute?
Modular Building Institute's revenue in 2022 was $3,171,696.
Official website here: www.modular.org
Who are the executives of Modular Building Institute and what are their salaries?
There 26 volunteers at Modular Building Institute.
Here are 23 key members and their salaries:
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Official website here: www.modular.org
Where can I find the form 990 for Modular Building Institute?
Modular Building Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.modular.org
Learn more at the official website: www.modular.org
Mission Statement of Modular Building Institute
The Modular Building Institute, abbreviated as MBI, is committed to expanding the use of offsite construction. This is achieved through their mission, which involves implementing innovative construction practices, engaging with the construction community and customers, and promoting the recognition of exceptional modular designs and facilities. Their primary goal is to encourage the adoption of offsite construction methods, providing education and outreach to both the construction industry and potential customers. Additionally, the MBI recognizes and honors high-quality modular designs and facilities, highlighting the potential of this construction approach.
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Impact
October, 2024
The Modular Building Institute (MBI) plays a significant role in promoting offsite construction, effectively transforming the landscape of the construction industry. By focusing on innovative construction practices, MBI enhances the efficiency and quality of building processes, leading to more sustainable and effective use of resources.
Through targeted outreach and educational initiatives, MBI fosters a deeper understanding of modular building techniques among both construction professionals and customers. This initiative not only elevates the standards of modular construction but also encourages broader acceptance and implementation of these practices in the building sector.
Moreover, by recognizing and celebrating high-quality modular designs and facilities, MBI sets benchmarks that inspire excellence within the industry, driving innovations that benefit community development and improvement. Through its efforts, MBI is significantly impacting how structures are built, offering sustainable solutions that cater to modern needs in construction.
This information is meant to be a general summary of Modular Building 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $233
- Program Service Revenue: $3,171,463
- Gross Receipts: $3,171,696
Assets and Liabilities:
- Total Assets: $2,678,733
- Total Liabilities: $1,408,106
- Net Assets: $1,270,627
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL CONVENTION AND MEETING
Revenue
$1,339,314
MEMBERSHIP DUES
Revenue
$1,300,411
SEALS INCOME
Revenue
$261,480
SPONSORSHIP INCOME
Revenue
$220,966
REGIONAL MEETING INCOME
Revenue
$45,235
Organization Details
Founding Year
1984
Phone
(434) 296-3288Principal Officer
Thomas E Hardiman
Main Address
285 HYDRAULIC RIDGE ROAD SUITE 6, CHARLOTTESVILLE, VA, 22901
Website
www.modular.orgNTEE Category
Code: S41 - Community improvement
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