Institute Of Gas Technology

Organization Overview

Institute Of Gas Technology, operating under the name Gas Technology Institute, is located in Des Plaines, IL. The organization was established in 1942. According to its NTEE Classification (U33) the organization is classified as: Chemistry & Chemical Engineering, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Gas Technology Institute employed 346 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gas 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.

For the year ending 12/2021, Gas Technology Institute generated $107.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $107.7m during the year ending 12/2021. While expenses have increased by 7.8% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

GAS TECHNOLOGY INSTITUTE SOLVES IMPORTANT ENERGY CHALLENGES THROUGH RESEARCH, TRAINING, AND EDUCATION PROGRAMS.

Describe the Organization's Program Activity:

SPONSORED ENERGY AND ENVIRONMENTAL RESEARCH AND DEVELOPMENT. PROGRAM SERVICES EXPENSES INCLUDE DIRECT COSTS ON PROJECTS ONLY AND EXCLUDE ALLOCATION OF ANY INDIRECT COSTS. ESTIMATED NUMBER OF CLIENTS: 253


EDUCATION PROGRAM AND SERVICES. PROGRAM SERVICES EXPENSES INCLUDE DIRECT COSTS ON PROJECTS ONLY, AND EXCLUDE ALLOCATION OF ANY INDIRECT COSTS. ESTIMATED NUMBER OF CLIENTS: 312


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Pixo Vr Llc
Develop Vr Training
$399,150
Pauley Erickson And Kottis Pc
Intellectual Prpty
$339,667
Element Resources Llc
Project Mgmt Consult
$325,636
Allison Plaza Llc
Rent
$264,644
Tisha Schuller
Strategic Consulting
$287,862
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $43,289,818
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$43,289,818
Total Program Service Revenue$49,987,643
Investment income $1,152,225
Tax Exempt Bond Proceeds $0
Royalties $4,871,084
Net Rental Income $533,396
Net Gain/Loss on Asset Sales $4,017,669
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $107,541,251

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Institute Of Gas Technology has recieved totaling $62,850.

Awarding OrganizationAmount
Apga Research Foundation

Washington, DC

PURPOSE: TO ASSIST IN ALIGNMENT OF ENERGY EFFICIENCY IMPROVEMENTS, GREEN HOUSE GAS REDUCTIONS, AND CUSTOMER RETENTION FOR THE NATURAL GAS INDUSTRY.

$62,850
View Grant Recipient Profile

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