Illinois Mining Institute

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

EIN: 900714834 ✦ Percy, IL ✦ Designated as a 501(c)(6)

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Overview

What is Illinois Mining Institute?

The Illinois Mining Institute is a nonprofit organization that supports the mining industry by offering scholarships. Specifically, they donated $15,400 to students at Southern Illinois University, encouraging those pursuing careers in mining. Their primary mission is to promote the study and investigation of mining-related issues, as well as fostering education in this field. This is achieved by providing financial aid to motivated students, thereby contributing to the future of mining and nurturing talent in this sector.

Is Illinois Mining Institute legitimate?

Illinois Mining Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Illinois Mining Institute 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.

What is the mission statement of Illinois Mining Institute?

The Illinois Mining Institute is committed to supporting the education of students interested in the mining industry. It accomplishes this by providing scholarship awards totaling 15,400 dollars to students at Southern Illinois University. The institute also encourages the study and investigation of mining-related issues and fosters an interest in mining education. Its mission aims to promote understanding and advancement in the mining field. The Illinois Mining Institute is instrumental in providing financial aid and fostering interest in mining-related studies, thereby contributing to the development of the industry.

Who is the CEO of Illinois Mining Institute?

Doug Dobbins is the President of Illinois Mining Institute.

What is the revenue of Illinois Mining Institute?

Illinois Mining Institute's revenue in 2022 was $3,153.

Who are the executives of Illinois Mining Institute and what are their salaries?


Here are 3 key members and their salaries:


Doug Dobbins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Schmidt (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Art Rice (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Illinois Mining Institute?

Illinois Mining Institute's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Illinois Mining Institute

The Illinois Mining Institute is committed to advancing the field of mining by providing financial aid to students pursuing related careers at Southern Illinois University. This nonprofit organization's mission is twofold: firstly, it aims to foster the study and investigation of mining-related issues, and secondly, it encourages education in the mining sector. By offering scholarship awards totaling 15,400 dollars, the Illinois Mining Institute is actively promoting the next generation of mining professionals. This support not only aids in the financial burden of education but also underscores the importance of investing in the future of the mining industry. By doing so, the Illinois Mining Institute is playing a significant role in nurturing and cultivating the knowledge and skills needed to tackle the various challenges and complexities associated with mining.

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Impact




October, 2024

The Illinois Mining Institute has made a significant impact in the field of mining education by providing $15,400 in scholarship awards to Southern Illinois University students aspiring to enter the mining industry. This financial support not only alleviates some of the economic burdens for students but also fosters a new generation of professionals dedicated to advancing mining practices.

By promoting the study and investigation of mining problems, the Institute encourages students to engage with real-world challenges in the industry, enhancing their educational experience and preparing them for future careers. The commitment to education in mining ensures that students are well-equipped with the knowledge and skills necessary to contribute meaningfully to the industry, influencing its development and sustainability. The Illinois Mining Institute plays a critical role in cultivating talent and addressing workforce needs in the mining sector.




This information is meant to be a general summary of Illinois 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.

Revenue
$3,153 (2022)
Expenses
$10,928 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $8,545

Assets and Liabilities:

  • Total Assets: $126,764
  • Total Liabilities: $0
  • Net Assets: $126,764

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Organization Details

Principal Officer

Doug Dobbins

Main Address

500 CUTLER TRICO ROAD, PERCY, IL, 62272

NTEE Category

Code: B82 - Education

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