International Institute Of Ammonia Refrigeration
- Assets
- $6.4m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 9
- Location
- Alexandria, VA
- Founding
- 12/1972
- Data as of
- 06/2023
- EIN
- 23-7245140
Organization Overview
International Institute Of Ammonia Refrigeration, operating under the name International Institute Of All-Natural Refrigeration, is located in Alexandria, VA. The organization was established in 1972. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2023, International Institute Of All-Natural Refrigeration employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Institute Of All-Natural Refrigeration 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 06/2023, International Institute Of All-Natural Refrigeration generated $4.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $4.2m during the year ending 06/2023. While expenses have increased by 3.9% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING ADVOCACY, EDUCATION, STANDARDS, AND INFORMATION FOR THE BENEFIT OF THE NATURAL REFRIGERATION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORED AN INTERNATIONAL CONFERENCE AND TRADE SHOW THAT FACILITATES THE EXCHANGE AND DISSEMINATION OF INFORMATION ABOUT THE SAFE USE OF AMMONIA AND OTHER NATURAL COMPOUNDS AS A REFRIGERANT: 1,700 ATTENDEES (ANNUAL MEETING).
IIAR WORKS IN COLLABORATION WITH IIAR MEMBER COMPANIES OVERSEAS IN ORGANIZING EDUCATIONAL SEMINARS THAT FACILITATE THE EXCHANGE AND DISSEMINATION OF INFORMATION ABOUT THE SAFE AND EFFICIENT USE OF AMMONIA AND OTHER NATURAL REFRIGERANTS. IIAR MEMBER COMPANIES VOLUNTEERING FOR THE ROLE OF "MAIN LOCAL ORGANIZER" IN THEIR RESPECTIVE COUNTRIES HANDLE ALL THE FINANCES OF THE EVENTS IN THE HOST COUNTRIES. THE FINANCIAL INVOLVEMENT OF IIAR IN THE US HAS BEEN LIMITED TO PAYING FOR THE TIME AND TRAVEL OF IIAR STAFF INVOLVED IN THE EVENTS.
ADVOCATE THE SAFE USE OF AMMONIA AND OTHER NATURAL REFRIGERANTS WITH INDUSTRY, CODE OFFICIALS, REGULATORS, LEGISLATORS AND THE PUBLIC: SPONSOR CODE SEMINARS FOR FIRE AND EMERGENCY RESPONDERS, PROPOSE CHANGES TO CODES/STANDARDS AND PARTICIPATE IN CODE MEETINGS, PARTICIPATE IN HOMELAND SECURITY ACTIVITIES FOR CHEMICAL FACILITIES, ETC.
DEVELOPED EDUCATIONAL AND TRAINING PROGRAMS FOR THOSE WHO USE AMMONIA AND OTHER NATURAL REFRIGERATION TECHNOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Schrift President | Officer | 40 | $309,730 |
Eric Smith Vice President Technical Director | 40 | $215,650 | |
Tony Lundell Director Safety And Standards | 40 | $183,875 | |
Yesenia Rivera Rector International Director | 40 | $126,444 | |
Edward Sainato Director Of Education | 40 | $119,679 | |
Trevor Hegg Immediate Past Chair (from 3/2023) | OfficerTrustee | 0.3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Smg Food & Beverage Llc Event Services | 6/29/23 | $614,294 |
Gilmore Global Finance Systems Publication Sales Services | 6/29/23 | $188,552 |
Smith Bucklin Corporation Event Services | 6/29/23 | $165,840 |
Vault Consulting Llc Accounting Services | 6/29/23 | $137,703 |
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 | $226,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,000 |
| Total Program Service Revenue | $4,363,872 |
| Investment income | $134,288 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $55,061 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$71,770 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $77,141 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,784,891 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $359,596 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,056,583 |
| Pension plan accruals and contributions | $46,734 |
| Other employee benefits | $101,984 |
| Payroll taxes | $87,243 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,223 |
| Fees for services: Accounting | $130,865 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,834 |
| Fees for services: Other | $191,662 |
| Advertising and promotion | $27,500 |
| Office expenses | $227,747 |
| Information technology | $162,551 |
| Royalties | $0 |
| Occupancy | $70,507 |
| Travel | $104,893 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,297,331 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,968 |
| Insurance | $14,457 |
| All other expenses | $59,422 |
| Total functional expenses | $4,236,329 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $966,382 |
| Savings and temporary cash investments | $1,701,820 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $116,414 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $38,313 |
| Prepaid expenses and deferred charges | $79,205 |
| Net Land, buildings, and equipment | $654,098 |
| Investments—publicly traded securities | $2,856,817 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,413,049 |
| Accounts payable and accrued expenses | $220,424 |
| Grants payable | $0 |
| Deferred revenue | $825,381 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $47,886 |
| Total liabilities | $1,093,691 |
| Net assets without donor restrictions | $5,319,358 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,413,049 |