Overview
What is Fractionation Research Inc?
Fractionation Research Inc, located in Stillwater, Oklahoma, is a nonprofit organization focusing on conducting experimental programs. Their primary mission is to gather and disseminate large-scale mass transfer equipment hardware performance data using industrially relevant chemical systems. By doing so, they aim to provide their members with clear, useful, and timely reports, ensuring their companies remain at the forefront of distillation technology development. With a team of 22 employees, Fractionation Research Inc operates well-structured experimental programs, contributing valuable insights to its members.
Official website here: www.fri.org
Is Fractionation Research Inc legitimate?
Fractionation Research Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Fractionation Research 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: $1,377,951
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fri.org
What is the mission statement of Fractionation Research Inc?
Fractionation Research Inc's mission is centered around conducting well-planned experimental programs. Their primary objective is to collect and report large-scale mass transfer equipment hardware performance data using industrially representative chemical systems. They aim to present this data to their members in a clear, useful, and timely manner. The organization's goal is to help its members stay at the forefront of distillation technology.
Official website here: www.fri.org
Who is the CEO of Fractionation Research Inc?
Sergio Kapusta is the Director of Fractionation Research Inc.
Official website here: www.fri.org
What is the revenue of Fractionation Research Inc?
Fractionation Research Inc's revenue in 2022 was $3,651,327.
Official website here: www.fri.org
Who are the executives of Fractionation Research Inc and what are their salaries?
The average compensation at Fractionation Research Inc during 2022 was $62,634. There are 22 employees and 1450 volunteers at Fractionation Research Inc.
Here are 22 key members and their salaries:
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- Compensation: $106,216
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- Compensation: $33,406
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- Compensation: $42,378
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- Other: $38,544
- Compensation: $138,464
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- Other: $20,740
Official website here: www.fri.org
Where can I find the form 990 for Fractionation Research Inc?
Fractionation Research Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fri.org
Learn more at the official website: www.fri.org
Mission Statement of Fractionation Research Inc
Fractionation Research Inc, or FRI, is committed to conducting well-organized experimental programs aimed at collecting and disseminating large-scale mass transfer equipment hardware performance data using industrially relevant chemical systems. Their primary objective is to provide this data to their members in a clear, useful, and timely manner. The organization's purpose is to keep its members at the forefront of distillation technology by executing member-driven, meticulously planned experimental programs, gathering data on mass transfer hardware performance, and sharing these findings in an easily understandable format.
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Impact
October, 2024
Fractionation Research Inc significantly influences the field of chemical engineering and industrial processes through its systematic and well-planned experimental programs. By focusing on the collection of large-scale mass transfer equipment performance data in conjunction with representative chemical systems, it addresses critical needs in distillation technology. This research provides members with vital insights into hardware performance, ensuring they stay at the forefront of technological advancements.
The organization plays a critical role in advancing industry standards by utilizing a long-range experimental program approved by its Technical Advisory Committee. The data collected is shared with members in clear, user-friendly formats and within a timely framework, enabling companies to make informed decisions based on the latest findings. This approach not only enhances the individual member's operational efficiency and effectiveness but also fosters broader community improvements in chemical processing and distillation methodologies.
This information is meant to be a general summary of Fractionation Research 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: $91,422
- Gross Receipts: $6,015,086
Assets and Liabilities:
- Total Assets: $5,122,579
- Total Liabilities: $1,540,033
- Net Assets: $3,582,546
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Organization Details
Founding Year
1952
Phone
(405) 385-0354Principal Officer
Sergio Kapusta
Main Address
424 S SQUIRES STREET 200, STILLWATER, OK, 74074
Website
www.fri.orgNTEE Category
Code: S40 - Community improvement
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