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Ipc Education Foundation

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

EIN: 831444757 ✦ Bannockburn, IL ✦ Designated as a 501(c)(3)

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Overview

What is Ipc Education Foundation?

The Ipc Education Foundation, situated in Bannockburn, Illinois, is a nonprofit organization dedicated to bolstering knowledge in the electronics sector. They achieve this by funding education and training initiatives, distributing scholarships and grants, and encouraging collaboration with industry partners. The foundation's mission is to bridge the gap between electronics manufacturers, supply chain companies, academia, and the emerging workforce. By providing learning opportunities focused on electronics manufacturing, the Ipc Education Foundation aims to enhance career prospects in the sector, improving the perception of manufacturing as a stable and well-compensated field.


Official website here: www.ipcef.org

Is Ipc Education Foundation legitimate?

Ipc Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ipc Education Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $407,088

For more financial information, click here


Official website here: www.ipcef.org

What is the mission statement of Ipc Education Foundation?

The Ipc Education Foundation aims to enhance and disseminate knowledge in the electronics field through education, training, scholarships, and grants. Its mission is to foster collaborations between electronics manufacturers, supply chain companies, academia, and the emerging workforce. The foundation works towards preparing students for rewarding careers in electronics manufacturing by providing focused learning opportunities. Additionally, it strives to improve the perception of the manufacturing sector as a stable and well-paid profession.


Official website here: www.ipcef.org

Who is the CEO of Ipc Education Foundation?

John Mitchell is the President/Chair of Ipc Education Foundation.


Official website here: www.ipcef.org

What is the revenue of Ipc Education Foundation?

Ipc Education Foundation's revenue in 2022 was $279,478.


Official website here: www.ipcef.org

Who are the executives of Ipc Education Foundation and what are their salaries?

There 200 volunteers at Ipc Education Foundation.


Here are 5 key members and their salaries:


John Mitchell (President/Chair)
  • Compensation: $0
  • Related: $1,492,129
  • Other: $68,839
Tom Sandman (Secretary/Treasurer)
  • Compensation: $0
  • Related: $370,553
  • Other: $51,286
Joe O'Neil (Vice Chair/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hernandez (Director)
  • Compensation: $0
  • Related: $363,464
  • Other: $57,766
Charlene Gunter (Sr. Director Of Education)
  • Compensation: $149,913
  • Related: $0
  • Other: $35,566


Official website here: www.ipcef.org

Where can I find the form 990 for Ipc Education Foundation?

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


Official website here: www.ipcef.org

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

Mission Statement of Ipc Education Foundation

The Ipc Education Foundation, a nonprofit organization, is dedicated to enhancing and disseminating knowledge in the electronics sector. It accomplishes this mission through education, training, scholarship distributions, and fostering collaborations with partners in the electronics industry. The foundation's objective is to empower individuals, enabling them to contribute to and collaborate with various stakeholders in promoting education and training within the electronics field.

By creating connections between electronics manufacturers, supply chain companies, academia, and the emerging workforce, the Ipc Education Foundation aims to prepare students for rewarding careers in electronics manufacturing. The organization provides learning opportunities focused on electronics manufacturing, aiming to improve the perception of manufacturing as a stable and well-compensated sector. This mission is crucial in addressing the skills gap in the electronics industry and ensuring a steady supply of skilled professionals to meet the demands of the sector.

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Impact




October, 2024

The IPC Education Foundation significantly impacts the field of electronics by enhancing knowledge through targeted education and training initiatives. By distributing scholarships and grants, it empowers individuals to participate actively in the industry, fostering collaboration between various stakeholders, including manufacturers, supply chain companies, and academic institutions.

With a mission to connect electronics manufacturers with the emerging workforce, the foundation focuses on preparing students for successful careers in electronics manufacturing. This effort not only provides valuable learning opportunities but also aims to improve the perception of manufacturing as a stable and well-paying career path. Through these initiatives, the IPC Education Foundation plays a vital role in shaping the future of the electronics industry by nurturing talent and promoting continuous learning and development.




This information is meant to be a general summary of Ipc Education Foundation. 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
$279,478 (2022)
Expenses
$598,931 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $3,918
  • Gross Receipts: $279,478

Assets and Liabilities:

  • Total Assets: $674,474
  • Total Liabilities: $1,810,722
  • Net Assets: -$1,136,248

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$3,918

Organization Details

Founding Year

2017

Principal Officer

John Mitchell

Main Address

3000 LAKESIDE DR 105N, BANNOCKBURN, IL, 60015

NTEE Category

Code: B99 - Education

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