Heat Frost And Thermal Insulation Educational Fund
- Assets
- $444.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mendota Heights, MN
- Founding
- 12/1979
- Data as of
- 05/2022
- EIN
- 41-1364752
Organization Overview
Heat Frost And Thermal Insulation Educational Fund is located in Mendota Heights, MN. The organization was established in 1979. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Heat Frost And Thermal Insulation Educational Fund 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 05/2022, Heat Frost And Thermal Insulation Educational Fund generated $114.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $101.0k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ESTABLISH A PROGRAM TO PROVIDE INFORMATION RELATIVE TO THE HEAT, FROST AND INSULATION INDUSTRY AND THE EDUCATION OF THOSE INVOLVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Poot Trustee | 1 | $0 | |
Paul Sawatzke Trustee | 1 | $0 | |
Bill Grimm Administrator - Prior | 1 | $0 | |
Martha Henrickson Administrator - Current | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $109,897 |
| Investment income | $4,514 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $114,411 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,174 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $510 |
| Other expenses | $96,280 |
| Total expenses | $100,964 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $434,973 |
| Other assets | $0 |
| Total assets | $444,558 |
| Total liabilities | $0 |
| Net assets or fund balances | $444,558 |
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