Earthquake Engineering Research Institute Inc
- Assets
- $5.8m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 8
- Location
- Oakland, CA
- Founding
- 10/1962
- Data as of
- 12/2022
- EIN
- 94-6082215
Organization Overview
Earthquake Engineering Research Institute Inc is located in Oakland, CA. The organization was established in 1962. According to its NTEE Classification (U36) the organization is classified as: Geology, under the broad grouping of Science & Technology and related organizations. As of 12/2022, Earthquake Engineering Research Institute Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Earthquake Engineering Research 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 12/2022, Earthquake Engineering Research Institute Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. While expenses have increased by 2.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EERI PROVIDES MEMBERS WITH THE TECHNICAL KNOWLEDGE, LEADERSHIP AND ADVOCACY SKILLS, COLLABORATIVE NETWORKS, AND MULTIDISCIPLINARY CONTEXT TO ACHIEVE EARTHQUAKE RESILIENCE IN THEIR COMMUNITIES, WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE KEY MECHANISMS FOR ACCOMPLISHING OUR MISSION AND VISION ARE VIA OUR CORE STRATEGIES: A. ACCELERATE ADVANCEMENTS IN THE SCIENCE AND PRACTICE OF EARTHQUAKE ENGINEERING AND RELATED FIELDS, CONTRIBUTING TO COMMUNITIES RESILIENT TO EARTHQUAKES AND OTHER NATURAL HAZARDS. B. IMPROVE UNDERSTANDING OF THE IMPACT OF EARTHQUAKES ON THE PHYSICAL, SOCIAL, ECONOMIC, POLITICAL, AND CULTURAL ENVIRONMENTS THAT CONSTITUTE OUR COMMUNITIES. C. SERVE AND INSPIRE MEMBERS TO DO THEIR BEST WORK AS PROFESSIONALS AND WITHIN THEIR COMMUNITIES BY BUILDING MULTIDISCIPLINARY NETWORKS, ENHANCING THEIR LEADERSHIP AND ADVOCACY SKILLS, FACILITATING MENTORING AND TRAINING, AND DISSEMINATING TECHNICAL KNOWLEDGE. D. FACILITATE MULTIDISCIPLINARY CONVERSATIONS THAT PROVIDE THE HUMANISTIC, SOCIETAL, AND TECHNICAL CONTEXTS NEEDED TO ACHIEVE COMMUNITIES RESILIENT TO EARTHQUAKES AND OTHER NATURAL HAZARDS. E. CONNECT AND ENGAGE MEMBERS AND LEVERAGE THEIR SKILLS TO ACHIEVE EERI'S VISION, MISSION, AND PRIORITY GOALS.F. BRING TOGETHER RESEARCHERS AND PRACTITIONERS AND PARTNER ORGANIZATIONS FOCUSED ON REALIZING COMMUNITIES RESILIENT TO EARTHQUAKES AND OTHER NATURAL HAZARDS. G. FOSTER DIVERSITY, EQUITY, AND INCLUSION IN ALL EERI PROGRAMS AND ACTIVITIES. H. EXPAND AND ENGAGE EERI'S ROBUST NETWORK OF STUDENT AND REGIONAL CHAPTERS TO ENHANCE ADVOCACY TO COMMUNITIES WORLDWIDE. I. IDENTIFY, OBTAIN, AND EFFECTIVELY MANAGE THE FINANCIAL AND INFORMATION RESOURCES NEEDED TO ACHIEVE EERI'S VISION, MISSION, AND PRIORITY GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Cocke President | OfficerTrustee | 2.7 | $0 |
Erica Fisher Vice President | OfficerTrustee | 2.7 | $0 |
Janiele Maffei President-Elect | OfficerTrustee | 2.7 | $0 |
Lucy Arendt Secretary/treasurer | OfficerTrustee | 2.7 | $0 |
Carlien Bou-Chedid Director | Trustee | 2.7 | $0 |
Nichloas Gregor Director | Trustee | 2.7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $53,009 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $273,740 |
| All other contributions, gifts, grants, and similar amounts not included above | $620,678 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $947,427 |
| Total Program Service Revenue | $1,321,677 |
| Investment income | $123,528 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $248,890 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,642,529 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $37,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $183,785 |
| Compensation of current officers, directors, key employees. | $88,217 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $558,085 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $82,678 |
| Payroll taxes | $61,581 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,293 |
| Fees for services: Accounting | $31,054 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,727 |
| Fees for services: Other | $113,566 |
| Advertising and promotion | $0 |
| Office expenses | $68,848 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $205,223 |
| Travel | $335,130 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $205,935 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,147 |
| Insurance | $15,087 |
| All other expenses | $372 |
| Total functional expenses | $2,277,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,645 |
| Savings and temporary cash investments | $1,351,550 |
| Pledges and grants receivable | $339,392 |
| Accounts receivable, net | $1,955 |
| 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 | $0 |
| Net Land, buildings, and equipment | $10,045 |
| Investments—publicly traded securities | $3,482,431 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $356,048 |
| Total assets | $5,841,066 |
| Accounts payable and accrued expenses | $43,515 |
| Grants payable | $0 |
| Deferred revenue | $300,865 |
| 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 | $406,213 |
| Total liabilities | $750,593 |
| Net assets without donor restrictions | $4,665,380 |
| Net assets with donor restrictions | $425,093 |
| 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 | $5,841,066 |