Deep Foundations Institute

Organization Overview

Deep Foundations Institute is located in Hawthorne, NJ. The organization was established in 1977. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Deep Foundations Institute employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Deep Foundations 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, Deep Foundations Institute generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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

TO BRING TOGETHER MULTI-DISCIPLINED INDIVIDUALS AND ORGANIZATIONS TO FIND COMMON GROUND AND CREATE A SHARED VISION AND A CONSENSUS VOICE FOR CONTINUAL ADVANCEMENT IN THE DEEP FOUNDATIONS INDUSTRY. DFI'S MISSION IS ACCOMPLISHED THROUGH TECHNICAL COMMITTEES, EDUCATIONAL PROGRAMS AND CONFERENCES, PUBLICATION OF GUIDES AND SPECIFICATIONS, A PEER-REVIEWED JOURNAL, A FLAGSHIP MAGAZINE, RESEARCH, GOVERNMENT RELATIONS AND OUTREACH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM SERVICE RELATED EXPENSES INCLUDE ANNUAL MEETINGS, SPECIAL WORKSHOPS, AND RESEARCH FOR THE EDUCATION AND DEVELOPMENT OF COURSES FOR THE MEMBERSHIP AND ENGINEERS WHO ARE RESPONSIBLE FOR BUILDING AND DEVELOPMENT OF DEEP FOUNDATIONS FOR HIGHRISE BUILDINGS AND SPECIAL CONSTRUCTION PROJECTS THROUGHOUT THE WORLD.


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Board, Officers & Key Employees

Name (title)Compensation
Theresa Engler
Executive Director
$164,423
Michael H Wysockey
President
$0
Matthew Janes
Immediate Past President
$0
James O Johnson
Treasurer
$0
Gianfranco Di Cicco
Vice President
$0
Erik J Loehr
Secretary
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$2,848,502
Investment income $97,569
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $16,761
Net Gain/Loss on Asset Sales $116,228
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,079,060

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