Overview
What is Ieom Society International?
Ieom Society International is a nonprofit organization, specifically based in Southfield, Michigan, with a focus on promoting critical thinking in the fields of Industrial Engineering (IE) and Operations Management (OM). They accomplish this by organizing educational conferences, workshops, and training sessions, as well as award programs and competitions related to these disciplines. The society has a global reach, hosting events in various countries like the United States, Italy, India, Paraguay, Nigeria, Turkey, Bangladesh, Mexico, and Indonesia, engaging approximately 2,900 participants. Their activities aim to foster communication and networking among individuals with shared interests in IE and OM, thereby encouraging the application of critical thinking in these fields. The society operates with a dedicated team of 7 employees.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
Ieom Society International has received a moderate rating, indicating that while the organization demonstrates certain strengths in governance, there are significant areas needing improvement. The charity boasts a fully independent board and demonstrates strong financial practices, with a high program expense ratio of 75.59%. This suggests that a substantial portion of their funds is directed towards their mission-related programs.
However, the organization has notable weaknesses that impact its overall rating. The absence of critical policies, including a conflict of interest policy, whistleblower policy, and document retention and destruction policy, raises concerns about transparency and accountability. Additionally, the nonprofit has not made its tax form available on its website, which could hinder potential donors from assessing its financial practices more thoroughly.
Overall, while Ieom Society International exhibits solid financial management and governance structures, the lack of essential policies and missing documentation limits its accountability and transparency, which are crucial for building trust with stakeholders and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Ieom Society International legitimate?
Ieom Society International is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ieom Society International 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,850
For more financial information, click here
What is the mission statement of Ieom Society International?
The Ieom Society International's mission is to promote global critical thinking and its application in the fields of industrial engineering and operations management. They achieve this by facilitating communication and networking among individuals with shared interests in these areas, serving as a platform for educational conferences, workshops, and training programs, awards programs, and competitions related to industrial engineering and operations management. The society has hosted events in various countries, attracting over 2,900 participants, and offering both in-person, virtual, and hybrid conference formats.
Who is the CEO of Ieom Society International?
Dr Ahad Ali is the Executive Di of Ieom Society International.
What is the revenue of Ieom Society International?
Ieom Society International's revenue in 2022 was $507,956.
Who are the executives of Ieom Society International and what are their salaries?
The average compensation at Ieom Society International during 2022 was $22,407. There are 7 employees and 424 volunteers at Ieom Society International.
Here are 7 key members and their salaries:
- Compensation: $30,000
- 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
Where can I find the form 990 for Ieom Society International?
Ieom Society International's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ieom Society International
The Ieom Society International, with a global focus, strives to stimulate critical thinking and its application in the fields of Industrial Engineering and Operations Management. They accomplish this by serving as a platform for diverse individuals with shared interests in these domains to connect and network. By organizing educational conferences, workshops, and training sessions, as well as award programs and competitions related to Industrial Engineering and Operations Management, the society fosters an environment that encourages knowledge exchange and collaboration. These events have been hosted in various countries, including the United States, Italy, India, Paraguay, Nigeria, Turkey, Bangladesh, Mexico, and Indonesia, attracting a total of 2,900 participants. The conferences were conducted both in-person, virtually, and in a hybrid format, demonstrating the society's adaptability to cater to a global audience.
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Impact
July, 2024
Ieom Society International has made a significant impact by globally fostering critical thinking and promoting the utilization of industrial engineering and operations management. Through educational and research conferences, workshops, and training programs, they have provided a platform for networking and communication among diverse individuals with shared interests in IE and OM. Additionally, their award programs and competitions have further encouraged innovation and excellence in these fields.
The society's conferences have attracted a large number of participants from around the world, with events held in various countries including the United States, Italy, India, Paraguay, Nigeria, Turkey, Bangladesh, Mexico, and Indonesia. Their conferences, whether in-person, virtual, or hybrid, have reached a total of 2,900 participants, facilitating the exchange of knowledge and ideas on an international scale.
Overall, Ieom Society International's efforts have contributed to advancing the fields of industrial engineering and operations management, nurturing talent, and promoting collaboration among professionals in this domain. Their dedication to fostering critical thinking and innovation has had a profound impact on the global community of practitioners and researchers in these areas.
This information is meant to be a general summary of Ieom Society International. 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.
- Program Service Revenue: $460,348
- Gross Receipts: $507,956
Assets and Liabilities:
- Total Assets: $228,939
- Total Liabilities: $2,618
- Net Assets: $226,321
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCES
Revenue
$460,348
Organization Details
Founding Year
2016
Phone
(248) 450-5660Principal Officer
Dr Ahad Ali
Main Address
21411 CIVIC CENTER DRIVE SUITE 205, SOUTHFIELD, MI, 48075
NTEE Category
Code: U40 - Science research
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