Association For Iron And Steel Technology

Organization Overview

Association For Iron And Steel Technology is located in Warrendale, PA. The organization was established in 2004. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Association For Iron And Steel Technology employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association For Iron And Steel Technology 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 06/2021, Association For Iron And Steel Technology generated $8.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $6.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ADVANCE THE TECHNICAL DEVELOPMENT, PRODUCTION, PROCESSING AND APPLICATION OF IRON AND STEEL THROUGH EDUCATIONAL ACTIVITIES, PRESENTATION AND PUBLICATION OF TECHNICAL PAPERS, DISSEMINATION OF INFORMATION RELATED TO IRON AND STEEL, AND OTHER ACTIVITIES.

Describe the Organization's Program Activity:

PUBLICATIONS INCLUDING A MONTHLY JOURNAL ENTITLED "IRON & STEEL TECHNOLOGY" AS WELL AS CONFERENCE PROCEEDINGS, TECHNICAL BOOKS AND REPORTS, INDUSTRY DIRECTORY AND REPRINTS.


MEETINGS AND CONFERENCES INCLUDING EDUCATIONAL COURSES, TECHINCAL SESSIONS, INDUSTRY EXHIBITS AND SYMPOSIA.


MEMBERSHIP SERVICES TO PROVIDE INDIVIDUAL PROFESSIONAL AND STUDENT MEMBERS WITH UP-TO-DATE INDUSTRY INFORMATION INCLUDING CONTINUING EDUCATION, FUNDAMENTAL TRAINING, TECHNICAL SYMPOSIA, TECHNICAL INFORMATION AND RELATED NEWS.


GRANTS TO THE AIST FOUNDATION FOR SCHOLARSHIPS TO STUDENTS MAJORING IN ENGINEERING AND MATERIAL SCIENCES.


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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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$6,132,348
Investment income $366,927
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $861,572
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,482,182

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Association For Iron And Steel Technology has recieved totaling $256,254.

Awarding OrganizationAmount
American Institute Of Mining Metallurgical And Petroleum Engine

Englewood, CO

PURPOSE: $250K Member Society Direct; $6,254 Offshore Technology Conference Surplus Distribution

$256,254
View Grant Recipient Profile

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