NonprofitsPower Tool Institute Inc

Power Tool Institute Inc

CLEVELAND, OH

Total revenue

$1.1M

Total expenses

$1.2M

Net assets

$135K

Grants received

EIN

237258534

Tax year

2024

Mission

See part iii, line 1

Programs

3 programs

Consumer product safety commission petition: power tool institute has a project to address a petition filed before cpsc by stephen gass requesting a mandatory safety standard for table saws which furthers the exempt purpose of safety and quality control in the manufacturing of power tools.

Global harmonization: power tool institute has a project to harmonize power tool standards with europe and japan which furthers the exempt purpose of safety and quality control in the manufacturing of power tools.

Battery project: power tool institute leads a lithium-ion battery safety campaign, take charge of your battery. It includes public relations, social media, video, and educational resources for the safe selection, use, and disposal of power tool batteries which furthers the exempt purpose of educating the public as to usefulness and importance of power tools.

Financials

FY 2024

Revenue

Contributions & grants$701K
Program service revenue$447K
Investment income
Other revenue
Total revenue$1.1M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$1.2M
Total expenses$1.2M
Total assets$476K
Net assets$135K

People

20 listed

NameRoleCompensation

LARRY ALBERT

DIRECTOR

Board

0.5 hrs/wk

ERIN ASHCROFT

DIRECTOR

Board

0.5 hrs/wk

TIM BAKER

DIRECTOR

Board

0.5 hrs/wk

RICH CHAPMAN

DIRECTOR

Board

0.5 hrs/wk

BRADY GROTH

DIRECTOR

Board

0.5 hrs/wk

ROBERT HATFIELD

DIRECTOR

Board

0.5 hrs/wk

KEN HEFLEY

DIRECTOR

Board

0.5 hrs/wk

ART HEROLD

DIRECTOR

Board

0.5 hrs/wk

MARK HICKOK

DIRECTOR

Board

0.5 hrs/wk

MICHAEL HOFFMANN

DIRECTOR

Board

0.5 hrs/wk

DREW HORNICK

DIRECTOR

Board

0.5 hrs/wk

AMANDA JOHNSON

DIRECTOR

Board

0.5 hrs/wk

FRANK MANNARINO

DIRECTOR

Board

0.5 hrs/wk

MIKE MCGOWAN

DIRECTOR

Board

0.5 hrs/wk

SUSAN ORENGA

PRESIDENT

Board

0.5 hrs/wk

AL PIERGA

DIRECTOR

Board

0.5 hrs/wk

DARLENE RALICKI

DIRECTOR

Board

0.5 hrs/wk

STEVE SHEPHERD

DIRECTOR

Board

0.5 hrs/wk

STEPHANIE THOMPSON

DIRECTOR

Board

0.5 hrs/wk

KRIS WILLIAMS

DIRECTOR

Board

0.5 hrs/wk

Independent contractors

THOMAS ASSOCIATESINC

MANAGEMENT

$562K

WEBSTER

LEGAL

$136K

BRACEWELL

CONSULTING

$120K

CUNNINGHAM BARON

PUBLIC RELATIONS/MARKETING

$108K

Details

EIN237258534
Subsection06
Ruling date1973-02
Formed1969
Employees0
Volunteers82
POWER TOOL INSTITUTE INC — Mission, Financials & Grants Received | Grantivo