Aws Foundation Incorporated

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

EIN: 650148545 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Aws Foundation Incorporated?

Aws Foundation Incorporated, based in Miami, Florida, is a nonprofit organization with a mission to foster education and research in the field of welding. Established by the American Welding Society in 1989, the foundation aims to enhance the growth and development of the welding industry by strengthening educational opportunities. It has been actively awarding grants, scholarships, and fellowships to support research in welding techniques. With a small workforce of six individuals, the foundation works diligently to contribute to the advancement of the welding industry.


Official website here: www.aws.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)**

Aws Foundation Incorporated has achieved an impressive overall score of 100%, recognized with a Four-Star rating on Charity Navigator. This score reflects the organization’s excellence in accountability and finance, showcasing strong transparency and responsible financial practices. Notably, it has maintained a perfect score for the most recent fiscal year, emphasizing its commitment to financial integrity.

The foundation demonstrates solid governance, with 100% of its board members being independent, and it has robust policies in place for conflict of interest and whistleblower protection. Additionally, the organization allocates a substantial portion of its resources to its programs, with a program expense ratio of over 70%. However, the lack of evaluation in areas like impact measurement and leadership adaptability signals that there may be opportunities for growth and further evaluation in these dimensions.

**User Reviews:** Not Available


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

Is Aws Foundation Incorporated legitimate?

Aws Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aws Foundation Incorporated 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: $91,580
Professional Fundraising Fees: $0
Other Salaries and Wages: $433,017

For more financial information, click here


Official website here: www.aws.org

What is the mission statement of Aws Foundation Incorporated?

The AWS Foundation Incorporated, established by the American Welding Society in 1989, aims to support programs that foster the growth and development of the welding industry. This is achieved by strengthening research and educational opportunities in welding and related industries. The foundation has been instrumental in providing grants, scholarships, and fellowships for the study of welding and research in welding techniques. In essence, the AWS Foundation's mission is to promote education and advancements in the welding sector, contributing to the industry's progress and development.


Official website here: www.aws.org

Who is the CEO of Aws Foundation Incorporated?

Gesana Villegas is the Secretary/Executive Dir/Ceo of Aws Foundation Incorporated. The CEO's salary of Aws Foundation Incorporated is $0 and their total compensation is $554,311.


Official website here: www.aws.org

What is the revenue of Aws Foundation Incorporated?

Aws Foundation Incorporated's revenue in 2022 was $9,544,699.


Official website here: www.aws.org

Who are the executives of Aws Foundation Incorporated and what are their salaries?

The average compensation at Aws Foundation Incorporated during 2022 was $87,433. There are 6 employees and 14 volunteers at Aws Foundation Incorporated.


Here are 17 key members and their salaries (Aws Foundation Incorporated's CEO's salary is $0 and their total compensation is $554,311):


Gary W Konarska (Secretary/Executive Dir/Ceo)
  • Compensation: $0
  • Related: $516,132
  • Other: $38,179
Gesana Villegas (Cfo)
  • Compensation: $0
  • Related: $288,629
  • Other: $24,972
Monica A Pfarr (Executive Director, Foundation)
  • Compensation: $87,036
  • Related: $101,869
  • Other: $14,930
Bill Rice (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Richardson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carey Chen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Abe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Blount (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bray (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Deckrow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Eck (Trustee/Aws Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Mccall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Pali (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr W Rick Polanin (Trustee/Aws President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Scales (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Stropki (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Visintainer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aws.org

Where can I find the form 990 for Aws Foundation Incorporated?

Aws Foundation Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aws.org

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

Mission Statement of Aws Foundation Incorporated

The AWS Foundation Incorporated, established by the American Welding Society in 1989, is committed to advancing education and research in the field of welding. Its mission is centered around strengthening the welding industry by providing opportunities for growth and development through enhanced research and educational initiatives. The foundation accomplishes this by awarding grants, scholarships, and fellowships for the study of welding and the exploration of various welding techniques. By supporting these endeavors, the AWS Foundation Incorporated plays a crucial role in fostering innovation and knowledge in the welding industry.

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Impact




July, 2024

Aws Foundation Incorporated has had a significant impact on the welding industry by supporting programs that strengthen research and educational opportunities in welding and related industries. Through grants, scholarships, and fellowships, they have promoted the study of welding and advanced research in welding techniques. By doing so, they have contributed to the growth and development of the welding industry, ensuring a skilled workforce and fostering innovation in the field. Their dedication to enhancing education and research in welding has not only benefited individuals pursuing careers in welding but has also supported the overall advancement of the industry.




This information is meant to be a general summary of Aws Foundation Incorporated. 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
$9,544,699 (2022)
Expenses
$4,524,120 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,562,944
  • Gross Receipts: $9,544,699

Assets and Liabilities:

  • Total Assets: $97,809,189
  • Total Liabilities: $1,690,127
  • Net Assets: $96,119,062

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Organization Details

Founding Year

1989

Principal Officer

Gesana Villegas

Main Address

8669 NW 36TH STREET Suite 130, MIAMI, FL, 33166

NTEE Category

Code: J22 - Employment

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