Welding Research Council Inc

Organization Overview

Welding Research Council Inc is located in Shaker Heights, OH. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Welding Research Council Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Welding Research Council Inc generated $114.9k 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 (12.8%) each year. All expenses for the organization totaled $92.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (15.2%) 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO AID IN THE RESEARCH OF PROJECTS CONTAINING WELDING AND ALLIED METALS

Describe the Organization's Program Activity:

Part 3 - Line 4a

COOPERATIVE RESEARCH PROJECTS IN THE FIELD OF WELDING AND ALLIED METALS


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Board, Officers & Key Employees

Name (title)Compensation
Dr Martin Prager
Secretary
$25,000
David Osage
Chairman Of The Board
$0
Eric Gehrke
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$70,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$70,000
Total Program Service Revenue$44,876
Investment income $5
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 $114,881

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