Edison Welding Institute Inc is located in Columbus, OH. The organization was established in 1985. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2022, Edison Welding Institute Inc employed 168 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edison Welding Institute Inc 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 06/2020, Edison Welding Institute Inc generated $30.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $29.7m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCING OUR CUSTOMERS' MANUFACTURING COMPETITIVENESS THROUGH INNOVATION IN JOINING AND ALLIED TECHNOLOGIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
MIDWEST OPERATIONSIN EDISON WELDING INSTITUTE'S ("EWI") FISCAL YEAR ENDING JUNE 30, 2022, EWI HAD OVER 600 INDIVIDUAL PROJECTS, AVERAGING $36,000 PER PROJECT, AND UP TO $1,800,000. EACH PROJECT HAS VAST DEGREES OF TECHNOLOGY DEPLOYED AND ADVANCED JOINING PROCESSES. SEE BELOW FOR EACH AREA THAT EWI SERVED.SPACE - EWI LEADS THE WAY IN DEVELOPING AND DEPLOYING ADVANCES IN MANUFACTURING FOR THE SPACE INDUSTRY TO REDUCE WEIGHT AND COST, IMPROVE FIRST-TIME QUALITY, AND SPEED UP THE DEVELOPMENT CYCLE COMPARED TO LEGACY MANUFACTURING METHODS.RAIL - IMPROVE THE SAFETY, FABRICATION, OPERATION, MAINTENANCE, AND REPAIR OF RAILS AND EQUIPMENT.PACKAGING - EWI'S EXPERTISE IN MATERIALS ENGINEERING, PRODUCT DESIGN, AND ADVANCED JOINING TECHNOLOGIES FOR MANUFACTURING HELPS COMPANIES TO CUT WASTE, CUT COSTS, AND OPTIMIZE PRODUCTION WHEN DEVELOPING PACKAGING SOLUTIONS.MEDICAL - USE MATERIALS ENGINEERING AND JOINING TECHNOLOGIES TO CUT WASTE, CUT COSTS, AND OPTIMIZE PRODUCTION FOR PACKAGE SOLUTIONS.HEAVY MANUFACTURING - IMPROVE PERFORMANCE, SAFETY, QUALITY, AND OPERATIONAL EFFICIENCY THROUGH MANUFACTURING TECHNOLOGY INNOVATION.CONSUMER - ACCELERATE PRODUCT DESIGN AND SPEED-TO-MARKET CYCLES THROUGH APPLICATION OF INNOVATIVE MATERIALS, JOINING, AND SEALING TECHNOLOGIES.AUTO - STAY COMPETITIVE WITH INNOVATIONS IN LIGHT WEIGHTING AND DISSIMILAR MATERIALS JOINING.AIR - INCREASE PRODUCTION EFFICIENCIES, QUALITY, AND LIFE-EXPECTANCY OF JOINERY ON AIRCRAFTS.ADVANCED ENERGY - REDUCE CONSUMPTION, MEET NEW ENERGY REGULATIONS, AND GET TO MARKET FASTER.GOVERNMENT - CONFIDENTIAL CLIENT:EWI CONTINUES TO SUPPORT A WIDE RANGE OF GOVERNMENT AGENCY INITIATIVES WHERE MANUFACTURING INNOVATION IS A KEY ENABLER TO SUCCESS. EWI'S EXPERTISE HAS ENABLED THE DEVELOPMENT OF NOVEL MATERIAL JOINING TECHNIQUES TO OPTIMIZE AND ADD FLEXIBILITY TO MANUFACTURING PROCESSES, THE IMPLEMENTATION OF NOVEL MONITORING TECHNIQUES TO IMPROVE COMPONENT CAPABILITIES IN METAL ADDITIVE MANUFACTURING, AND THE GENERATION OF A ROADMAP OF THE MOST CRITICAL JOINING AND FORMING CHALLENGES FACING TODAY'S MANUFACTURERS. EWI CONTINUES TO BE RECOGNIZED AS THE THOUGHT LEADER WHEN GOVERNMENT AGENCIES REQUIRE MANUFACTURING INNOVATION EXPERTISE.CONFIDENTIAL CLIENT: EWI CONTINUES TO WORK WITH A JET ENGINE COMPANY ON VARIOUS METHODS OF REPAIRING JET ENGINE COMPONENTS AND ASSISTING THEM IN NEW PART PRODUCTION. EWI CONTINUED TO WORK WITH THIS CLIENT ON NEW WAYS TO SOLVE COMPLEX JOINING AND MANUFACTURING PROBLEMS. EWI DOES NOT MANUFACTURE ANY PARTS FOR ON-WING APPLICATIONS.JOINT SPONSORED PROJECTS:EWI LEADS A CONSORTIUM OF US INDUSTRY AND ACADEMIC MATERIALS JOININGAND FORMING ORGANIZATIONS, DEVELOPING THE FIRST COMPREHENSIVE US"ADVANCED JOINING AND FORMING TECHNOLOGY ROADMAP." THIS ROADMAPIDENTIFIES AND RANKS CHALLENGES IN ORDER TO PRIORITIZE RESEARCH ANDDEVELOPMENT THAT PROVIDES COMPETITIVE ADVANTAGES WITH SUBSTANTIVENATIONAL IMPACT. EWI GUIDES A STEERING COMMITTEE THAT UNITESSTAKEHOLDERS FROM INDUSTRY, ACADEMIA, PROFESSIONAL SOCIETIES, NONPROFIT RESEARCH CENTERS, TECHNOLOGY PROVIDERS, AND REGIONAL ECONOMICDEVELOPMENT AUTHORITIES AROUND A COMMON VISION TO DEVELOP INNOVATIVETECHNOLOGY SOLUTIONS TO THE NATION'S MOST IMPORTANT JOINING AND FORMINGCHALLENGES. UNDER THE U.S. DEPARTMENT OF COMMERCE, EWI HAS BEEN FUNDEDTO DEVELOP ADVANCED EDDY CURRENT TECHNIQUES FOR CHARACTERIZATION OFADDITIVELY MANUFACTURED (AM) MATERIALS - FEEDSTOCK AND SOLID AMCOMPONENTS BEFORE, DURING, AND AFTER FABRICATION. EWI HAS DIRECTED ATEAM OF THE MOST ADVANCED ENGINEERING UNIVERSITIES AND INNOVATIVEMANUFACTURERS IN A COLLABORATIVE EFFORT FOR "IN-SITU PROCESSMONITORING" FOR AM FABRICATION THAT ADDRESSES HIGH PRIORITY FOCUSAREAS. THE EWI TEAM HAS ADDRESSED DETAILED, CRITICAL MEASUREMENTSCIENCE CHALLENGES, AND IDENTIFIED AND APPLIED SPECIFIC SOLUTIONS FORMETAL-BASED AM.TRAINING:FOR WHATEVER TECHNOLOGY NEED OR CHALLENGE, EWI PROVIDES TRAININGTAILORED TO FIT. EWI OFFERS COURSES THAT PROVIDE ENGINEERS ANDTECHNICIANS WITH AN OVERVIEW OF THE VARIOUS ASPECTS OF WELDINGTECHNOLOGY. THESE COURSES ARE ORGANIZED INTO MODULES DISCUSSING WELDINGPROCESSES, WELDING METALLURGY AND WELDABILITY, WELDING DESIGN ANDTESTING (INCLUDING MECHANICAL TESTING AND NDT), AND QUALIFICATIONS ANDPROCEDURE REVIEW. THESE COURSES PROVIDE AN EXCELLENT MIX OF CLASSROOMAND LABORATORY TRAINING WITH THE LAB PORTION ENHANCED BY EWI'SWORLD-CLASS WELDING FACILITY. THE COURSES ARE PARTICULARLY USEFUL FORENGINEERS WHO WERE NOT ORIGINALLY EDUCATED AS WELDING ENGINEERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Henry Cialone President & CEO | OfficerTrustee | 45 | $450,547 |
Kelly J Jenkins Chief Operating Officer | Officer | 45 | $249,729 |
Mark Schimming VP Government Business Development | Officer | 41 | $216,299 |
Ronald Lee Aman Senior Technology Leader | 43 | $211,090 | |
Jerry Gould Senior Technology Leader | 43 | $190,954 | |
Jeff Ellis Senior Technology Leader | 43 | $182,100 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Nugrowth Solutions Llc Consulting | 6/29/22 | $398,215 |
Selecteon Corporation Machining Services | 6/29/22 | $433,780 |
Ge Global Research Niskayuna Contracting | 6/29/22 | $712,104 |
Easyit Consulting | 6/29/22 | $379,678 |
First American Equipment Finance Equipment Leasing | 6/29/22 | $371,887 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $103,303 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $70,145 |
Net Rental Income | $55,456 |
Net Gain/Loss on Asset Sales | -$61,925 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $30,160,684 |
Statement of Expenses | |
---|---|
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. | $701,843 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $12,328,929 |
Pension plan accruals and contributions | $826,344 |
Other employee benefits | $2,423,908 |
Payroll taxes | $975,320 |
Fees for services: Management | $0 |
Fees for services: Legal | $93,938 |
Fees for services: Accounting | $84,000 |
Fees for services: Lobbying | $84,544 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,218,828 |
Advertising and promotion | $361,500 |
Office expenses | $386,823 |
Information technology | $871,739 |
Royalties | $0 |
Occupancy | $1,327,054 |
Travel | $583,599 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $142,962 |
Interest | $40,868 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,797,923 |
Insurance | $274,492 |
All other expenses | $0 |
Total functional expenses | $29,732,136 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $48 |
Savings and temporary cash investments | $5,750,700 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,574,115 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $5,144 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $428,738 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $1,003,985 |
Other assets | $727,822 |
Total assets | $23,258,662 |
Accounts payable and accrued expenses | $2,711,948 |
Grants payable | $0 |
Deferred revenue | $3,890,996 |
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 | $3,773,907 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $380,322 |
Total liabilities | $10,757,173 |
Net assets without donor restrictions | $0 |
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 |
Total liabilities and net assets/fund balances | $12,501,489 |
Over the last fiscal year, we have identified 1 grants that Edison Welding Institute Inc has recieved totaling $24,770.
Awarding Organization | Amount |
---|---|
Worcester Polytechnic Institute Worcester, MA PURPOSE: Research | $24,770 |
Organization Name | Assets | Revenue |
---|---|---|
Edison Welding Institute Inc Columbus, OH | $23,258,662 | $30,160,684 |
W E Upjohn Unemployment Trustee Corporation Kalamazoo, MI | $279,939,178 | $28,869,507 |
Alternative Services Inc Livonia, MI | $7,366,865 | $19,260,282 |
Eastern Kentucky Concentrated Employment Program Inc Hazard, KY | $3,193,926 | $15,607,928 |
Berrien-Cass-Vanburen Workforce Development Board Inc Benton Harbor, MI | $2,581,468 | $13,721,312 |
Jobworks Inc Fort Wayne, IN | $2,850,480 | $13,765,612 |
Ohio Operating Engineers Apprenticeship Fund Columbus, OH | $28,221,332 | $11,797,420 |
Nueva Esperanza Philadelphia, PA | $22,032,264 | $12,218,705 |
United Labor Agency Inc Cleveland, OH | $1,262,964 | $7,870,324 |
Hobart Institute Of Welding Technology Troy, OH | $21,990,854 | $8,624,823 |
International Union Of Operating Engineers Local 324 Health & Welfa Troy, MI | $11,444,859 | $7,479,654 |
Eastern Atlantic States Carpenters Technical College Philadelphia, PA | $14,328,660 | $6,924,336 |