Overview
What is The Rocky Mountain Mining Institute?
The Rocky Mountain Mining Institute is a nonprofit organization situated in Littleton, Colorado. Its primary mission is to promote education and awareness about mining technologies, production techniques, and safety standards, as well as the related regulations. The institute serves as a platform for disseminating knowledge about recent advancements in these fields to the public and educational institutions. Its membership includes states from the western United States, such as Arizona, Colorado, Montana, New Mexico, North Dakota, Texas, Utah, and Wyoming, as well as individuals from across the United States and Canada. With a small team of just two employees, the Rocky Mountain Mining Institute is dedicated to fostering a deeper understanding of mining and related energy issues.
Official website here: www.rmcmi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Rocky Mountain Mining Institute has received an overall score of 83%, highlighting its solid performance in accountability and finance. This score is based solely on a single beacon score, indicating a strong emphasis on financial health and governance practices. A majority of the board members are independent, which is a positive indicator of the organization's commitment to transparency and ethical oversight.
The institute demonstrates effective management practices, with no reported material diversion of assets and an excellent program expense ratio of 75.62%. This suggests that a significant portion of its resources is directed towards its programs rather than administrative costs, aligning with nonprofit best practices. Furthermore, the organization has a well-documented conflict of interest policy and maintains thorough records of board meeting minutes.
However, it is important to note that the organization is missing a whistleblower policy and a document retention and destruction policy, which could be areas for improvement in governance. Addressing these gaps could enhance the institute's overall accountability, ensuring that it upholds the highest standards of ethical conduct.
This AI summary has been generated from information found on Charity Navigator.
Is The Rocky Mountain Mining Institute legitimate?
The Rocky Mountain Mining Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rocky Mountain Mining Institute 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: $121,390
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,208
For more financial information, click here
Official website here: www.rmcmi.org
What is the mission statement of The Rocky Mountain Mining Institute?
The Rocky Mountain Mining Institute, being a non-profit corporation, is committed to promoting the use of coal in the western region. This is achieved through educational programs on mining technologies, production techniques, mining management, safety, and energy-related issues. The institute aims to disseminate knowledge and the results of studies and research in these areas to the public and educational institutions. Its membership extends beyond the member states of Arizona, Colorado, Montana, New Mexico, North Dakota, Texas, Utah, and Wyoming, encompassing individuals from throughout the United States and Canada.
Official website here: www.rmcmi.org
Who is the CEO of The Rocky Mountain Mining Institute?
Judy Colgan is the Executive Director of The Rocky Mountain Mining Institute.
Official website here: www.rmcmi.org
What is the revenue of The Rocky Mountain Mining Institute?
The Rocky Mountain Mining Institute's revenue in 2022 was $479,663.
Official website here: www.rmcmi.org
Who are the executives of The Rocky Mountain Mining Institute and what are their salaries?
The average compensation at The Rocky Mountain Mining Institute during 2022 was $85,799. There are 2 employees at The Rocky Mountain Mining Institute.
Here are 12 key members and their salaries:
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Official website here: www.rmcmi.org
Where can I find the form 990 for The Rocky Mountain Mining Institute?
The Rocky Mountain Mining Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rmcmi.org
Learn more at the official website: www.rmcmi.org
Mission Statement of The Rocky Mountain Mining Institute
The Rocky Mountain Mining Institute, a non-profit corporation, is committed to the promotion of coal in the western region. Its mission is accomplished through education, with member states including Arizona, Colorado, Montana, New Mexico, North Dakota, Texas, Utah, and Wyoming. The organization boasts a membership base that extends beyond these states, reaching throughout the United States and Canada. The Institute's primary objective is to sponsor educational programs related to mining technologies and production techniques, mining management and safety, federal, state, and local laws, rules, and regulations pertaining to mining, and other energy-related issues.
By disseminating knowledge and the results of studies and research into recent developments in these areas, the Rocky Mountain Mining Institute aims to educate the public and various educational and scientific institutions. This non-profit corporation plays a vital role in sharing and spreading awareness about advancements in mining technologies, safety measures, and regulatory matters, contributing to a more informed and knowledgeable society in the field of mining and energy.
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Impact
July, 2024
The Rocky Mountain Mining Institute has a significant impact on the promotion of Western coal through education. It sponsors educational programs related to mining technologies, production techniques, management, safety, and energy-related issues. Additionally, it disseminates knowledge and research findings to the public and educational institutions. By focusing on these areas, the institute contributes to the advancement of the mining industry, promotes safety standards, and facilitates the exchange of information within the sector.
This information is meant to be a general summary of The Rocky Mountain Mining Institute. 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: $11,455
- Program Service Revenue: $257,263
- Gross Receipts: $591,991
Assets and Liabilities:
- Total Assets: $591,546
- Total Liabilities: $67,475
- Net Assets: $524,071
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTION
Revenue
$118,683
STATE MEETINGS
Revenue
$47,775
MINE RESCUE
Revenue
$90,805
Organization Details
Founding Year
1987
Principal Officer
Judy Colgan
Main Address
3900 S WADSWORTH BLVD STE 365, LITTLETON, CO, 80235
Website
www.rmcmi.orgNTEE Category
Code: J22Z - Employment
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