Institute Of Heating And Air Conditioning Industries Inc

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

EIN: 956092523 ✦ Glendale, CA ✦ Designated as a 501(c)(6)

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Overview

What is Institute Of Heating And Air Conditioning Industries Inc?

The Institute of Heating and Air Conditioning Industries Inc, based in Glendale, California, serves as a prominent trade association. With a team of nine dedicated individuals, its primary focus is on the education, promotion, and growth of the heating, ventilation, air conditioning, refrigeration, and sheet metal industries. The organization achieves this through various means, including hosting an annual trade show and publishing a monthly magazine titled "Indoor Comfort News." This publication features articles of interest to architects, contractors, and other professionals in the field. The Institute's mission extends beyond these activities, actively engaging contractors, manufacturers, distributors, utility firms, and related businesses to foster the expansion of the HVAC industry.


Official website here: www.ihaci.org

Is Institute Of Heating And Air Conditioning Industries Inc legitimate?

Institute Of Heating And Air Conditioning Industries Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Institute Of Heating And Air Conditioning Industries Inc 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: $559,296

For more financial information, click here


Official website here: www.ihaci.org

What is the mission statement of Institute Of Heating And Air Conditioning Industries Inc?

The Institute of Heating and Air Conditioning Industries Inc is a trade association that is committed to the education, promotion, and growth of the heating, ventilation, air conditioning, refrigeration, and sheet metal industries. It actively involves contractors, manufacturers, distributors, utility firms, and related businesses in achieving this goal. The organization hosts an annual trade show and publishes a monthly magazine titled "Indoor Comfort News," which provides valuable articles of interest to architects, contractors, and others in the industry. The primary focus of the Institute is to support and advance the HVAC sector.


Official website here: www.ihaci.org

Who is the CEO of Institute Of Heating And Air Conditioning Industries Inc?

Carlos Ruiz is the Vice President of Institute Of Heating And Air Conditioning Industries Inc.


Official website here: www.ihaci.org

What is the revenue of Institute Of Heating And Air Conditioning Industries Inc?

Institute Of Heating And Air Conditioning Industries Inc's revenue in 2022 was $2,173,831.


Official website here: www.ihaci.org

Who are the executives of Institute Of Heating And Air Conditioning Industries Inc and what are their salaries?

The average compensation at Institute Of Heating And Air Conditioning Industries Inc during 2022 was $62,144. There are 9 employees and 14 volunteers at Institute Of Heating And Air Conditioning Industries Inc.


Here are 14 key members and their salaries:


Steve Adams (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Batts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Wiseman (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Penny Yonan Padgett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Gilford (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Clinton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeb Ball (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harvey Bringas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Castillo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Keene (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyman Lockwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Silberstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Ruiz (Executive Vice President)
  • Compensation: $246,000
  • Related: $0
  • Other: $0


Official website here: www.ihaci.org

Where can I find the form 990 for Institute Of Heating And Air Conditioning Industries Inc?

Institute Of Heating And Air Conditioning Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ihaci.org

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

Mission Statement of Institute Of Heating And Air Conditioning Industries Inc

The Institute of Heating and Air Conditioning Industries Inc is a dedicated trade association, bringing together contractors, manufacturers, distributors, utility firms, and related businesses actively engaged in the heating, ventilation, air conditioning, refrigeration, and sheet metal industries. Its mission is centered around the education, promotion, and growth of this industry. The organization accomplishes this through various means, including the publication of "Indoor Comfort News," a monthly magazine that offers articles of interest to architects, contractors, and other professionals in the heating, ventilating, and air conditioning industries. By providing a platform for knowledge sharing and industry advancement, the Institute of Heating and Air Conditioning Industries Inc plays a significant role in fostering the development and success of its members and the broader HVAC sector.

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Impact




October, 2024

The Institute Of Heating And Air Conditioning Industries Inc plays a pivotal role in promoting the HVAC industry through various initiatives aimed at education and community improvement. By organizing an annual trade show, it fosters networking and collaboration among contractors, manufacturers, distributors, utility firms, and related businesses. This event serves as a platform for sharing innovative practices and technologies, enhancing the overall quality and efficiency of the HVAC sector.

Additionally, the publication "Indoor Comfort News" provides valuable insights and articles relevant to architects, contractors, and professionals in the heating, ventilation, and air conditioning fields. This monthly magazine keeps stakeholders informed about industry trends, best practices, and developments, further contributing to professional growth and enhancement of industry standards.

The Institute's commitment to the education and promotion of the HVAC industry ensures that its members are equipped with the knowledge and resources necessary to excel in a rapidly evolving market, ultimately leading to improved service quality and community welfare.




This information is meant to be a general summary of Institute Of Heating And Air Conditioning Industries 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
$2,173,831 (2022)
Expenses
$2,273,867 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $231,447
  • Program Service Revenue: $1,602,547
  • Gross Receipts: $2,251,810

Assets and Liabilities:

  • Total Assets: $5,425,162
  • Total Liabilities: $122,607
  • Net Assets: $5,302,555

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Programs

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

PUBLICATION REVENUE

Revenue

$722,904

EDUCATIONAL & TRAINING

Revenue

$520,584

TRADE SHOWS

Revenue

$359,059

Organization Details

Founding Year

1948

Principal Officer

Carlos Ruiz

Main Address

454 W BROADWAY, GLENDALE, CA, 91204

NTEE Category

Code: S41 - Community improvement

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