Council Of Industrial Boiler Owners

Organization Overview

Council Of Industrial Boiler Owners is located in Gainesville, VA. The organization was established in 1979. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Council Of Industrial Boiler Owners employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Council Of Industrial Boiler Owners 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 12/2022, Council Of Industrial Boiler Owners generated $398.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $471.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

DISSEMINATE INDUSTRIAL BOILER INFORMATION ON ENVIRONMENTAL & LEGAL REGULATORY CHANGES AFFECTING INFORMATION EXCHANGE

Describe the Organization's Program Activity:

Part 3 - Line 4a

CIBO PROVIDES INFORMATION ABOUT INDUSTRIAL BOILERS ENVIRONMENTAL & LEGAL REGULATIONS & IDEAS ON HOW TO IMPROVE THE BOILER INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Alex Stoddard
President
$155,016
Frederick Fendt
Chair
$0
James Hoyt
Vice Chair
$0
Phil Mckenzie
Secretary
$0
Paul Kempf
Treasurer
$0
Jake Welch
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$353,999
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$353,999
Total Program Service Revenue$44,650
Investment income $24
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 $398,673

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