Cast Iron Soil Pipe Institute

Organization Overview

Cast Iron Soil Pipe Institute is located in Mundelein, IL. The organization was established in 1955. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 12/2021, Cast Iron Soil Pipe Institute employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cast Iron Soil Pipe Institute 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 12/2021, Cast Iron Soil Pipe Institute generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 2.6% 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE USE OF CAST IRON SOIL PIPE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRODUCE EDUCATIONAL & INSTALLATION BROCHURES AND REVISED PRODUCT STANDARDS. ALSO VIRTUAL AND IN PERSON TRAINING FOR INSPECTORS AT MANUFACTURING FACILITIES ON NEW PROCEDURES.


CONDUCT VIRTUAL AND IN PERSON EDUCATIONAL PROGRAMS FOR ENGINEERS, INSPECTORS AND INSTITUTE MEMBERS.


PERFORM NUMEROUS IN PERSON AND VIRTUAL QUALITY CONTROL INSPECTIONS AT THE MEMBER PLANTS. USE INFORMATION GAINED AT THEM TO PROVIDE ADDITIONAL INDUSTRY INFORMATION TO PRODUCT IMPROVEMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Dave Parney
Secretary
$190,108
Hooper Hardison
President/director
$0
Michael Lowe
Vice-President/director
$0
Francesca Dunbar
Director
$0
Sterling Bowman
Director
$0
Don Waugaman
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$2,490,755
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$2,490,755
Total Program Service Revenue$0
Investment income $99
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 $2,490,854

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