International Capital Budgeting Institute Inc

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

EIN: 844076800 ✦ North las vegas, NV ✦ Designated as a 501(c)(3)

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Overview

What is International Capital Budgeting Institute Inc?

The International Capital Budgeting Institute Inc., based on the provided information, is a nonprofit organization that has established standards in the field of reserve studies. These standards, titled Generally Accepted Reserve Study Principles, Interpretations of Generally Accepted Reserve Study Principles, and Generally Accepted Reserve Study Standards, aim to provide a consistent framework for conducting and reporting reserve studies. The institute's work in this area is crucial for ensuring the financial stability and long-term maintenance of various assets. The exact activities or mission beyond these standards are not specified in the information provided.


Official website here: www.capitalbudgeting.org

Is International Capital Budgeting Institute Inc legitimate?

International Capital Budgeting Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Capital Budgeting Institute Inc submitted a form 990EZ, 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.


Official website here: www.capitalbudgeting.org

What is the mission statement of International Capital Budgeting Institute Inc?

The International Capital Budgeting Institute Inc (ICBI) is dedicated to establishing and upholding standards in the field of reserve studies. Specifically, they have issued a set of guidelines titled 'Generally Accepted Reserve Study Principles', along with interpretations and standards related to these principles. The purpose of these standards is to ensure consistency and transparency in reserve study practices, ultimately benefiting stakeholders involved in long-term asset management.


Official website here: www.capitalbudgeting.org

Who is the CEO of International Capital Budgeting Institute Inc?

Unavailable The CEO's salary of International Capital Budgeting Institute Inc is $0 and their total compensation is $0.


Official website here: www.capitalbudgeting.org

What is the revenue of International Capital Budgeting Institute Inc?

International Capital Budgeting Institute Inc's revenue in 2022 was $175.


Official website here: www.capitalbudgeting.org

Who are the executives of International Capital Budgeting Institute Inc and what are their salaries?


Here are 3 key members and their salaries (International Capital Budgeting Institute Inc's CEO's salary is $0 and their total compensation is $0):


Gary Porter (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Chaffee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Tamres (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.capitalbudgeting.org

Where can I find the form 990EZ for International Capital Budgeting Institute Inc?

International Capital Budgeting Institute Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.capitalbudgeting.org

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

Mission Statement of International Capital Budgeting Institute Inc

The International Capital Budgeting Institute Inc, in its mission, has established a set of standards to guide reserve studies. These standards, titled Generally Accepted Reserve Study Principles, Interpretations of Generally Accepted Reserve Study Principles, and Generally Accepted Reserve Study Standards, are intended to provide clarity and consistency in the preparation and reporting of reserve studies. The Institute's goal is to ensure that the standards are widely accepted and applied, thereby enhancing the reliability and transparency of reserve studies. The Institute's role in issuing these standards is instrumental in fostering a robust and responsible approach to reserve study practices.

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Impact




October, 2024

The International Capital Budgeting Institute Inc (ICBI) has a significant impact on the field of capital budgeting through its establishment of formal standards, such as the Generally Accepted Reserve Study Principles and their interpretations. These standards provide a framework for organizations to assess and manage their capital reserves effectively, promoting better financial decision-making and resource allocation.

By setting these guidelines, the ICBI enhances the quality and consistency of reserve studies, which are crucial for organizations in planning for future capital expenditures. This leads to improved financial health and sustainability for entities relying on effective budgeting practices.

Furthermore, the ICBI's educational initiatives help disseminate knowledge and best practices within the industry. This not only equips professionals with the necessary tools and understanding to implement these principles but also fosters a culture of transparency and accountability in financial management.

Overall, the ICBI's contributions support organizations in navigating the complexities of capital budgeting, ultimately driving economic stability and growth within the sectors they serve.




This information is meant to be a general summary of International Capital Budgeting Institute 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.

Revenue
$175 (2022)
Expenses
$0 (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: $175
  • Gross Receipts: $175

Assets and Liabilities:

  • Total Assets: $357
  • Total Liabilities: $5,111
  • Net Assets: -$4,754

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Organization Details

Main Address

6935 Aliante Parkway Suite 104 274, North Las Vegas, NV, 89084

NTEE Category

Code: B03 - Education

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