Institute Of Nuclear Materials Management
- Assets
- $726.5k
- Revenue
- $887.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Laurel, NJ
- Founding
- 04/1969
- Data as of
- 09/2023
- EIN
- 31-0740753
Organization Overview
Institute Of Nuclear Materials Management is located in Mount Laurel, NJ. The organization was established in 1969. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute Of Nuclear Materials Management 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 09/2023, Institute Of Nuclear Materials Management generated $887.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $1.2m during the year ending 09/2023. 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANNUAL AND ADDITIONAL MEETINGS PROVIDE ATTENDEES WITH A PROFESSIONAL FORUM FOR THE EXCHANGE OF THE LATEST TECHNICAL INFORMATION IN NUCLEAR MATERIALS MANAGEMENT. THE MEETING ADDRESSES ALL ASPECTS OF NUCLEAR MATERIALS MANAGEMENT WITH PAPERS AND POSTERS ORGANIZED BY THE INMM TECHNICAL PROGRAM COMMITTEE. ALL ATTENDEES, MOSTLY MEMBERS, COMPRISED OF ACEDEMICS, CONSULTANTS, GOVERNMENT CONTRACTORS/EMPLOYEES. LICENSEES, NEWS MEDIA, NON-GOVERNMENTAL ORGANIZATIONS, NUCLEAR LABORATORIES, PRIVATE INDUSTRY PROFESSIONALS, PUBLIC OFFICIALS, PUBLIC UTILITIES AND GRADUATE STUDENTS ATTEND THE MULTI-DAY INMM ANNUAL MEETING. THERE ARE TYPICALLY 60 CONCURRENT EDUCATONAL SESSIONS. PAPERS PRESENTED AT THE ANNUAL MEETING ARE PUBLISHED ONLINE FOR MEMBERS AND MEETING ATTENDEES AND WILL BE AVAILABLE FOR SUBSCRIPTION TO NONMEMBERS IN THE FUTURE.
THE JOURNAL IS PUBLISHED WITH THE PURPOSE OF ADVANCING AND PROMOTING EFFICIENT MANAGEMENT OF NUCLEAR MATERIALS. THE JOURNAL IS PUBLISHED FOUR TIMES A YEAR AND IS DISTRIBUTED TO OVER 1200 MEMBERS AND NON-MEMBERS.
WORKSHOPS PROVIDE PARTICIPANTS WITH UPDATED INFORMATION ON SPECIFIC TOPICAL AREAS OF NUCLEAR MATERIALS MANAGEMENT INCLUDING GOVERNMENT PROGRAMS AND POLICY DEVELOPMENT, THE STATUS OF TECHNOLOGIES AND PROJECTS, LICENSING OF MANAGEMENT FACILITIES AND EQUIPMENT AND THE SPECIAL CONSIDERATIONS RELATED TO THE TECHNICAL PROGRAM AREAS. ATTENDEES ACTIVLY PARTICIPATE IN THE DISCUSSIONS AND INTERFACE WITH EXPERTS AS WELL AS WITH PROGRAM MANAGERS AND POLICY MAKES. OVER 100 ATTENDEES ATTENDED VARIOUS EDUCATIONAL WORKSHOPS THROUGHOUT THE YEAR. PAPERS PRESENTED AT THE WORKSHOP ARE PUBLISHED AND AVAILABLE AFTER THE EVENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Schanfein President | OfficerTrustee | 6 | $0 |
Tina Hernandez Vice President | OfficerTrustee | 5 | $0 |
James Andre Treasurer | OfficerTrustee | 5 | $0 |
Teressa Mckinney Secretary | OfficerTrustee | 3 | $0 |
Susan Pepper Immediate Past President | Trustee | 1.5 | $0 |
Sunil Chirayath Member At Large | Trustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Association Headquarters Inc Management Services | 9/29/23 | $390,150 |
Internationales Amtssitz-und Konfer Annual Meeting Hotel Expenses | 9/29/23 | $341,406 |
Motto Catering Gmbh Annual Meeting Catering Expenses | 9/29/23 | $123,281 |
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 | $18,931 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,931 |
| Total Program Service Revenue | $846,375 |
| Investment income | $17,780 |
| 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 | $887,875 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $367,716 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $69,356 |
| Total functional expenses | $1,182,672 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,572 |
| Savings and temporary cash investments | $259,880 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,620 |
| 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 | $15,283 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $225,131 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $726,486 |
| Accounts payable and accrued expenses | $8,994 |
| Grants payable | $0 |
| Deferred revenue | $62,132 |
| 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 | $71,126 |
| Net assets without donor restrictions | $558,968 |
| Net assets with donor restrictions | $96,392 |
| 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 | $726,486 |