Air-Conditioning Heating And Refrigeration Technology Institute
- Assets
- $186.7k
- Revenue
- $553.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 08/2010
- Data as of
- 12/2021
- EIN
- 27-2342705
Organization Overview
Air-Conditioning Heating And Refrigeration Technology Institute is located in Arlington, VA. The organization was established in 2010. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Air-Conditioning Heating And Refrigeration Technology Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE AIR-CONDITIONING, HEATING AND REFRIGERATION TECHNOLOGY INSTITUTE WAS INCORPORATED TO CONDUCT AND MANAGE SCIENTIFIC ACTIVITY IN THE PUBLIC INTEREST RELATED TO AIR-CONDITIONING, HEATING, AND REFRIGERATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AHRTI RESEARCH - TO UNDERTAKE SCIENTIFIC RESEARCH IN THE PUBLIC INTEREST. AHRTI STRIVES TO BE RESPONSIVE TO THE RESEARCH NEEDS OF THE HVAC&R COMMUNITY WITH AN EMPHASIS PLACED ON PRECOMPETITIVE INVESTIGATIONS. IT IS AHRTI'S ROLE TO PROVIDE GUIDANCE AND COHESIVENESS TO RESEARCH EFFORTS WHILE PROVIDING AN UMBRELLA FOR RELATED RESEARCH BY OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Yurek Chairman | OfficerTrustee | 1 | $0 |
Xudong Wang Treasurer/secretary | OfficerTrustee | 1 | $0 |
John Lanier Director | Trustee | 1 | $0 |
Caroline Davidson-Hood Director (to 4/2021) | Trustee | 1 | $0 |
Helen Walter-Terrinoni Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Optimized Thermal Systems Inc Consulting | 12/30/19 | $166,157 |
Gexcon Us Inc Consulting | 12/30/19 | $149,300 |
Gexcon Us Inc Consulting | 12/30/19 | $149,300 |
Optimized Thermal Systems Inc Consulting | 12/30/19 | $166,157 |
Optimized Thermal Systems Inc Consulting | 12/30/19 | $166,157 |
Gexcon Us Inc Consulting | 12/30/19 | $149,300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $300,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $42,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $342,500 |
| Total Program Service Revenue | $210,533 |
| Investment income | $0 |
| 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 | $553,033 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,541 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $12,089 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $412,387 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $320 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $121 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $467,458 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,794 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $103,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,437 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $186,731 |
| Accounts payable and accrued expenses | $4,957 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $4,957 |
| Net assets without donor restrictions | $181,774 |
| 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 | $186,731 |
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