Overview
What is Society For Mining Metallurgy And Exploration Inc?
The Society For Mining Metallurgy and Exploration Inc is a nonprofit organization based in Englewood, Colorado. With a team of approximately 58 employees, they focus on improving the mining, metallurgy, and underground construction industries for a sustainable future. Their mission is to build a better world through these fields. In 2022, they held several conferences: MINEXCHANGE 2022 in Salt Lake City, Utah, and the 2022 Minnesota Conference in Virginia, MN. These events attracted thousands of attendees, including students and international visitors, and featured numerous presentations, short courses, and exhibitions by sponsoring companies. The MINEXCHANGE 2022 conference in particular saw over 70 presentations, 135 papers, and 75 sponsors, while the Minnesota Conference had 871 attendees and two days of programming. These events provided opportunities for professionals and students to share knowledge, network, and learn about the latest advancements in their respective fields.
Official website here: www.smenet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Society For Mining Metallurgy And Exploration Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and financial management. The charity's overall score is derived entirely from its exceptional performance in the Accountability & Finance category, where it scored an impressive 96%. This high rating indicates a robust commitment to transparency and responsible financial practices.
Significant strengths of the organization include having a wholly independent board, which is composed of 9 members, and a comprehensive set of financial policies, including conflict of interest and whistleblower policies. The charity also maintains a healthy liabilities to assets ratio of 12.57% and allocates a substantial portion (80.59%) of its expenses directly to programs, demonstrating a focus on impactful initiatives.
While the data does not highlight any material concerns or diversions of assets, the organization's overall strength is evident. The thorough oversight and governance structure in place contribute to its positive reputation among donors and stakeholders, reinforcing the charity's reliability in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Society For Mining Metallurgy And Exploration Inc legitimate?
Society For Mining Metallurgy And Exploration Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society For Mining Metallurgy And Exploration 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: $1,029,590
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,187,358
For more financial information, click here
Official website here: www.smenet.org
What is the mission statement of Society For Mining Metallurgy And Exploration Inc?
The Society for Mining, Metallurgy and Exploration (SME) is dedicated to enhancing the mining, resources, and underground construction industries for a sustainable future. In pursuit of this mission, SME offers services to these communities, striving for a better world. The organization presented various events in 2022, including MINEXCHANGE 2022 with 749 presentations, 135 papers, and 75 sponsors, attracting over 5,700 attendees from around the globe. Additionally, SME hosted the NAT 2022 conference, attended by over 1,000 individuals, and the Minnesota Conference, with 871 attendees. Through these events, SME showcases the latest advancements, providing a platform for collaboration and knowledge sharing within the industries.
Official website here: www.smenet.org
Who is the CEO of Society For Mining Metallurgy And Exploration Inc?
David L Kanagy is the Executive Director of Society For Mining Metallurgy And Exploration Inc.
Official website here: www.smenet.org
What is the revenue of Society For Mining Metallurgy And Exploration Inc?
Society For Mining Metallurgy And Exploration Inc's revenue in 2022 was $12,383,418.
Official website here: www.smenet.org
Who are the executives of Society For Mining Metallurgy And Exploration Inc and what are their salaries?
The average compensation at Society For Mining Metallurgy And Exploration Inc during 2022 was $72,706. There are 58 employees and 400 volunteers at Society For Mining Metallurgy And Exploration Inc.
Here are 16 key members and their salaries:
- Compensation: $524,713
- Related: $0
- Other: $35,221
- Compensation: $181,629
- Related: $0
- Other: $18,849
- Compensation: $165,346
- Related: $0
- Other: $17,793
- Compensation: $151,160
- Related: $0
- Other: $24,424
- Compensation: $136,026
- Related: $0
- Other: $23,201
- Compensation: $125,113
- Related: $0
- Other: $30,276
- Compensation: $136,026
- Related: $0
- Other: $16,083
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.smenet.org
Where can I find the form 990 for Society For Mining Metallurgy And Exploration Inc?
Society For Mining Metallurgy And Exploration Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.smenet.org
Learn more at the official website: www.smenet.org
Mission Statement of Society For Mining Metallurgy And Exploration Inc
Society for Mining, Metallurgy and Exploration, or SME, is a leading organization dedicated to making the world a better place through mining, metallurgy, and underground construction. With a mission to serve the mining, resources, and underground construction communities for a sustainable future, SME plays a vital role in driving progress in these industries.
The Society for Mining, Metallurgy and Exploration is a hub for knowledge and innovation, hosting various events and conferences that bring together experts and professionals from around the world. One of SME's most significant annual gatherings, MINEXCHANGE, took place in Salt Lake City, Utah in 2022, attracting nearly 5,700 individuals, including 550 students and 741 international attendees from 49 countries. MINEXCHANGE featured 749 presentations, 7 short courses, and 135 papers, as well as 570 exhibiting companies and 75 sponsors. Another event, NAT 2022, was held in Philadelphia, PA, and drew over 1,000 individuals, coming close to the attendance levels before the COVID-19 pandemic.
SME's commitment to fostering a sustainable future is reflected in its diverse range of events and initiatives. In addition to its conferences and expos, SME supports the mining community through educational programs, short courses, and technical presentations. The organization's events provide valuable opportunities for professionals to learn from one another, share ideas, and expand their knowledge base. By fostering collaboration and innovation within the mining, resources, and underground construction industries, SME is helping to build a more sustainable and prosperous future for all.
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Impact
October, 2024
The Society For Mining Metallurgy And Exploration Inc. plays a crucial role in advancing the mining, metallurgy, and underground construction industries. Through various conferences and expos, such as the MINEXCHANGE and NAT events, SME fosters collaboration and knowledge sharing among professionals, students, and international attendees. These events feature a wealth of presentations and educational opportunities, promoting innovation and best practices in the field.
By bringing together experts from around the globe, SME encourages dialogue on sustainable practices, thus playing a pivotal role in shaping the future of resource extraction and underground work. The society's commitment to community engagement, as exemplified by events like the Minnesota Conference, supports local economies and emphasizes the importance of responsible mining operations. Overall, SME's impact is significant in promoting a sustainable future for the mining and metallurgy sectors, enhancing both professional development and industry standards.
This information is meant to be a general summary of Society For Mining Metallurgy And Exploration 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: $248,487
- Program Service Revenue: $9,183,927
- Gross Receipts: $12,978,542
Assets and Liabilities:
- Total Assets: $32,808,531
- Total Liabilities: $5,194,142
- Net Assets: $27,614,389
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Meetings & exhibits
Revenue
$7,702,554
Membership dues
Revenue
$1,481,373
Organization Details
Founding Year
1871
Phone
(303) 948-4277Principal Officer
David L Kanagy
Main Address
12999 E Adam Aircraft Circle, Englewood, CO, 801124167
Website
www.smenet.orgNTEE Category
Code: U30C - Science research
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