American Iron And Steel Institute

Organization Overview

American Iron And Steel Institute is located in Washington, DC. The organization was established in 1943. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, American Iron And Steel Institute employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Iron And Steel Institute is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, American Iron And Steel Institute generated $11.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $9.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE INTERESTS OF AMERICAN STEEL INDUSTRY/PROVIDE A FORUM FOR EXCHANGE OF INFORMATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INDUSTRY ADVOCACY: AISI ADVOCATES FOR ITS MEMBERS AND THE AMERICAN STEEL INDUSTRY THROUGH PUBLIC POLICY, COMMUNICATIONS, ECONOMICS AND INDUSTRY STATISTICS AND SUSTAINABILITY INITIATIVES.


MARKET DEVELOPMENT ACTIVITIES: ENGAGED IN COLLABORATIVE, PRE-COMPETITIVE RESEARCH AND DEVELOPMENT OF THE MATERIAL AS WELL AS TECHNICAL SOLUTIONS TO DEFEND AND ADVANCE STEEL'S MARKET SHARE IN CURRENT AND EMERGING MARKETS.


COLLABORATIVE RESEARCH AND DEVELOPMENT: ENGAGED PROJECTS WITH INDUSTRY PARTNERS DESIGNED TO REDUCE ENERGY CONSUMPTION AND FURTHER MITIGATE THE ENVIRONMENTAL IMPACT OF THE STEELMAKING PROCESS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hunton Andrews Kurth Llp
Consulting Services
$119,659
Vault Consulting Llc
Consulting Services
$101,265
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $370,883
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$370,883
Total Program Service Revenue$11,387,454
Investment income $130,790
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,889,127

Grants Recieved

Over the last fiscal year, we have identified 1 grants that American Iron And Steel Institute has recieved totaling $6,000.

Awarding OrganizationAmount
Society For Mining Metallurgy And Exploration Inc

Englewood, CO

PURPOSE: Sponsor Emerging Leaders Alliance

$6,000
View Grant Recipient Profile

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