National Board Of Boiler & Pressure Vessel Inspectors
- Assets
- $52.7m
- Revenue
- $19.5m
- Investments
- $0.0
- Employees
- 107
- Location
- Columbus, OH
- Founding
- 04/1943
- Data as of
- 06/2022
- EIN
- 31-4262510
Organization Overview
National Board Of Boiler & Pressure Vessel Inspectors is located in Columbus, OH. The organization was established in 1943. According to its NTEE Classification (M03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 06/2022, National Board Of Boiler & Pressure Vessel Inspectors employed 107 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Board Of Boiler & Pressure Vessel Inspectors is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, National Board Of Boiler & Pressure Vessel Inspectors generated $19.5m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $18.4m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE UNIFORMITY IN THE ADMINISTRATION AND ENFORCEMENT OF BOILER AND PRESSURE VESSEL SAFETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TESTING, REVIEWING, AND ACCREDITING QUALITY CONTROL PROGRAMS FOR COMPLIANCE WITH SAFETY STANDARDS. CONDUCTED 2,136 TESTS OF PRESSURE RELIEF DEVICES, 2,028 REVIEWS OF QUALITY CONTROL PROGRAMS, AND ACCREDITED 1,797 ENTITIES FOR THE PURPOSE OF ASSURING COMPLIANCE WITH THE UNIFORM SAFETY STANDARDS OF THE AMERICAN SOCIETY OF MECHANICAL ENGINEERS (ASME) BOILER AND PRESSURE VESSEL CODE AND/OR THE NATIONAL BOARD INSPECTION CODE, THE SAFETY STANDARD FOR INSPECTION, REPAIR AND ALTERATION OF BOILERS, PRESSURE VESSELS AND OTHER PRESSURE RETAINING ITEMS. ALSO INCLUDED IS THE SALE OF THE NATIONAL BOARD INSPECTION CODE.
ANNUAL MEETING REGISTRATION FEES AND OTHER MISCELLANEOUS EXPENSES OF A MINOR NATURE.
TRAINING AND COMMISSIONING/CERTIFYING INSPECTORS IN THE REQUIREMENTS OF SAFETY STANDARDS. TRAINED OVER 6,000 STUDENTS AND COMMISSIONED/CERTIFIED APPROXIMATELY 5,500 INSPECTORS IN THE REQUIREMENTS OF THE AMERICAN SOCIETY OF MECHANICAL ENGINEERS (ASME) BOILER AND PRESSURE VESSEL CODE AND THE NATIONAL BOARD INSPECTION CODE IN AN EFFORT TO MAINTAIN UNIFORM QUALIFICATIONS OF INSPECTORS AND ASSURANCE OF COMPLIANCE WITH UNIFORM SAFETY STANDARDS OF THE ASME BOILER AND PRESSURE VESSEL CODE AND THE NATIONAL BOARD INSPECTION CODE.
DATA REPORT REGISTRATIONS. REGISTERED 2,157,682 ITEMS CERTIFYING THESE ITEMS WERE CONSTRUCTED AND/OR REPAIRED IN ACCORDANCE WITH UNIFORM SAFETY STANDARDS, THE ASME BOILER AND PRESSURE VESSEL CODE AND THE NATIONAL BOARD INSPECTION CODE, COPIES OF WHICH ARE MADE AVAILABLE TO NATIONAL BOARD MEMBERS TO ASSIST THEM IN THEIR RESPECTIVE DUTIES OF ENFORCEMENT OF BOILER AND PRESSURE VESSEL SAFETY RULES AND REGULATIONS WITHIN THEIR RESPECTIVE JURISDICTIONS. SUPPLIED 47,355 COPIES OF PREVIOUSLY REGISTERED DATA REPORTS TO ENABLE ITEMS TO BE REPAIRED AND/OR ALTERED IN ACCORDANCE WITH UNIFORM SAFETY STANDARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Chair, Board Of Trustees (partial Year) | OfficerTrustee | 1 | $0 |
Name Not Listed First Vice Chair, Board Of Trustees | OfficerTrustee | 1 | $0 |
Name Not Listed Second Vice Chair, Board Of Trustees | OfficerTrustee | 1 | $0 |
Name Not Listed Chair, Board Of Trustees | OfficerTrustee | 1 | $695 |
Name Not Listed Member At Large, Board Of Trustees | Trustee | 1 | $0 |
Name Not Listed Member At Large, Board Of Trustees | Trustee | 1 | $774 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Centric Consulting Llc Software Development | 6/29/22 | $993,027 |
Dewey Anglin Quality Control Audit Services | 6/29/22 | $247,481 |
Sidney Cammeresi Quality Control Audit Services | 6/29/22 | $230,157 |
Rubia D Garcia Quality Control Audit Services | 6/29/22 | $269,343 |
William K Smith Jr Quality Control Audit Services | 6/29/22 | $201,213 |
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 | $17,790,194 |
| Investment income | $669,234 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,060,577 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,520,005 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $27,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,219,110 |
| Compensation of current officers, directors, key employees. | $984,796 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,659,905 |
| Pension plan accruals and contributions | $240,423 |
| Other employee benefits | $1,211,346 |
| Payroll taxes | $517,367 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $90,885 |
| Fees for services: Accounting | $86,054 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $75,276 |
| Fees for services: Other | $3,494,480 |
| Advertising and promotion | $0 |
| Office expenses | $557,512 |
| Information technology | $487,420 |
| Royalties | $0 |
| Occupancy | $675,068 |
| Travel | $1,003,869 |
| 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 | $841,104 |
| Insurance | $109,294 |
| All other expenses | $614,241 |
| Total functional expenses | $18,378,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,025,105 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,794,210 |
| 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 | $225,657 |
| Net Land, buildings, and equipment | $13,434,769 |
| Investments—publicly traded securities | $29,196,888 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $52,676,629 |
| Accounts payable and accrued expenses | $4,068,897 |
| Grants payable | $0 |
| Deferred revenue | $3,997,979 |
| 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 | $8,066,876 |
| Net assets without donor restrictions | $44,609,753 |
| 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 | $52,676,629 |