NonprofitsSpring Manufacturers Institute Inc

Spring Manufacturers Institute Inc

ELGIN, IL

Total revenue

$707K

Total expenses

$549K

Net assets

$231K

Grants received

EIN

060607885

Tax year

2024

Mission

The major activities for smi are: annual meeting, spring design software, benchmarking activities and regional seminars.

Programs

4 programs

Spring design software designed by members of the institute & used by firms/individuals involved in the production or design of precision mechanical springs for educational purposes.

The spring meeting (110 registrants) is held to serve the educational & professional needs of members and nonmembers in the spring manufacturing industry.

Educational seminars - to educate engineers on designing springs, to choose the correct material for the springs and to make designs based on customer specifications.

Scholarship program, benchmarking and technical products.

Financials

FY 2024

Revenue

Contributions & grants$28K
Program service revenue$646K
Investment income$141
Other revenue$33K
Total revenue$707K

Expenses

Grants paid$25K
Salaries & benefits$135K
Fundraising
Other expenses$389K
Total expenses$549K
Total assets$279K
Net assets$231K

People

18 listed

NameRoleCompensation

GARY MCCOY

EXECUTIVE DIRECTOR

Board

$81K

25 hrs/wk

GENE HUBER JR

IMMEDIATE PAST PRESIDENT

Board

1 hrs/wk

DON JACOBSON III

PRESIDENT

Board

0.5 hrs/wk

DAVID DEVOE

VICE PRESIDENT

Board

0.5 hrs/wk

DAVE DEERWESTER

SECRETARY/TREASURER

Board

0.5 hrs/wk

JOE DEVANY

AT LARGE EXECUTIVE

Board

0.2 hrs/wk

TIM ZWIT

BOARD OF DIRECTOR

Board

0.2 hrs/wk

TONY PESARESI

BOARD OF DIRECTOR

Board

0.2 hrs/wk

ALEX MELNIKOW

BOARD OF DIRECTOR

Board

0.2 hrs/wk

TIM BIANCO

BOARD OF DIRECTOR

Board

0.2 hrs/wk

KEITH PORTER JR

BOARD OF DIRECTOR

Board

0.2 hrs/wk

LINDA FROEHLICH

BOARD OF DIRECTOR

Board

0.2 hrs/wk

ADAM JACOBSON

BOARD OF DIRECTOR

Board

0.2 hrs/wk

MARKUS ARNOLD

BOARD OF DIRECTOR

Board

0.2 hrs/wk

JODI BOLDENOW

BOARD OF DIRECTOR

Board

0.2 hrs/wk

BERNIE TAYLOR

BOARD OF DIRECTOR

Board

0.2 hrs/wk

MONICA SHAFFER

BOARD OF DIRECTOR

Board

0.2 hrs/wk

DON LYONS

BOARD OF DIRECTOR

Board

0.2 hrs/wk

Details

EIN060607885
Subsection06
Ruling date1942-07
Formed1979
Employees3
Volunteers20
SPRING MANUFACTURERS INSTITUTE INC — Mission, Financials & Grants Received | Grantivo