NonprofitsInvestment Casting Institute

Investment Casting Institute

MONTVALE, NJ

Total revenue

$2.3M

Total expenses

$2.3M

Net assets

$1.3M

Grants received

EIN

237087832

Tax year

2024

Mission

See schedule o - part iii, line 1

Programs

3 programs

Training programs in 2024: the institute sponsored the following training courses.the industry certification course was offered as an in-person event in 2024: the industry certification program provides a week of intensive training including classroom and laboratory work. This program is open to employees of all institute members as well as employees of members of the european investment casters' federation.the institute sponsored ten (10) webinars throughout 2024 on educational topics ranging fron business acumen improvement to specific technical training.

Spring management meeting has been rebranded as the "business & leadership development conference" which was offered as an in-person event in 2024: annual meeting which addresses the management concerns of institute member companies. Topics ranging from personnel issues to labor law and the economic to the market for investment castings are included in this annual event.

Additive manufacturing for investment casting (am4ic) symposium was offered as an in-person event in 2024: the am4ic is an educational symposium designed to advance the use of additive manufacturing in the investment casting community. This two-day event is open to the entire industry regardless of association membership, and is comprised of practical materials presented by foundries and industry suppliers detailing success stories, overcoming challenges and the role am has played in promoting supply chain resilience. This program is designed for and ideally suited to advance the interest of investment casting suppliers, foundries, buyers, users, designers, and supply chain managers. Key topics include the role am has played in manufacture of complex geometries, meeting customer requirements, both short and long term and advancement of the industry.

Financials

FY 2024

Revenue

Contributions & grants$779K
Program service revenue$1.5M
Investment income$19K
Other revenue$3K
Total revenue$2.3M

Expenses

Grants paid$695K
Salaries & benefits$728K
Fundraising
Other expenses$865K
Total expenses$2.3M
Total assets$2.0M
Net assets$1.3M

People

14 listed

NameRoleCompensation

JOSEPH E FRITZ

EXECUTIVE DIRECTOR, CEO

Board

$227K

40 hrs/wk

JUAN MOLINA

DIRECTOR

Board

0.98 hrs/wk

NIPENDRA SINGH

PRESIDENT

Board

4.62 hrs/wk

TY UELAND

VICE PRESIDENT

Board

1.31 hrs/wk

JOHN MARCIN

PAST PRESIDENT

Board

2.31 hrs/wk

AL TOROK

DIRECTOR

Board

2.9 hrs/wk

BRAD DESPLINTER

DIRECTOR

Board

1.1 hrs/wk

JOHN MORISON IV

DIRECTOR

Board

0.71 hrs/wk

PHIL GEERS

DIRECTOR

Board

0.94 hrs/wk

RICH KILPATRICK

DIRECTOR

Board

0.75 hrs/wk

AARON PHIPPS

DIRECTOR

Board

0.71 hrs/wk

BOB JOHNSON

DIRECTOR

Board

1.29 hrs/wk

ERICH KNOESPEL

DIRECTOR

Board

1.06 hrs/wk

NORA D'AMBRA

BUSINESS ADMINISTRATOR

Staff

$101K

40 hrs/wk

Details

EIN237087832
Subsection06
Ruling date1997-09
Formed1953
Employees5
Volunteers12
INVESTMENT CASTING INSTITUTE — Mission, Financials & Grants Received | Grantivo