Institute Of Inspection Cleaning & Restoration Certification Iicrc
- Assets
- $11.1m
- Revenue
- $7.4m
- Investments
- $174.2k
- Employees
- 38
- Location
- Las Vegas, NV
- Founding
- 04/2001
- Data as of
- 09/2021
- EIN
- 91-1456643
Organization Overview
Institute Of Inspection Cleaning & Restoration Certification Iicrc is located in Las Vegas, NV. The organization was established in 2001. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2021, Institute Of Inspection Cleaning & Restoration Certification Iicrc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute Of Inspection Cleaning & Restoration Certification Iicrc 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 09/2021, Institute Of Inspection Cleaning & Restoration Certification Iicrc generated $7.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $5.8m during the year ending 09/2021. While expenses have increased by 1.2% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ESTABLISH AND ADVANCE GLOBALLY RECOGNIZED STANDARDS AND CERTIFICATIONS FOR THE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE THE MEANS FOR PROFESSIONAL CARPET AND UPHOLSTERY CLEANERS, DISASTER RESTORATION TECHNICIANS, AND FLOOR-COVERINGS INSPECTORS TO BECOME CERTIFIED THROUGH TRAINING AND TESTING. THE IICRC IS AN ANSI APPROVED STANDARDS DEVELOPMENT ORGANIZATION. IICRC IS HIGHLY REGARDEDAS THE OBJECTIVE CERTIFICATION BODY FOR SKILLED PROFESSIONALS SEEKING RECOGNITION OF THEIR KNOWLEDGE AND COMPETENCE WITHIN A SPECIFIC TRADE. THE IICRC CERTIFIES BOTH INDIVIDUALS AND COMPANIES THROUGHOUT NORTH AMERICA AND IN OVER 20 OTHER COUNTRIES INCLUDING AUSTRALIA, NEW ZEALAND, JAPAN, AND THE UNITED KINGDOM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Dakduk President/ceo | Officer | 40 | $198,127 |
Richard Greene Former President/ceo | 40 | $160,000 | |
Mili Washington Standards Director | 40 | $123,115 | |
Kevin Pearson Chairman | OfficerTrustee | 40 | $37,500 |
David Hodge 2nd VP Partial Year | OfficerTrustee | 8 | $22,205 |
Craig Kersemeier Director | Trustee | 1 | $12,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bluepay Inc Merchants | 9/29/21 | $176,379 |
Bank Of America Na Banking | 9/29/21 | $201,214 |
Proctor Free Exam Proctoring | 9/29/21 | $146,085 |
Issa Media | 9/29/21 | $101,938 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $7,286,047 |
| Investment income | $135,616 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $20,929 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,426,713 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $361,254 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,845,451 |
| Pension plan accruals and contributions | $70,046 |
| Other employee benefits | $238,782 |
| Payroll taxes | $164,351 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,546 |
| Fees for services: Accounting | $19,910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,304 |
| Fees for services: Other | $842,817 |
| Advertising and promotion | $223,672 |
| Office expenses | $841,041 |
| Information technology | $411,886 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $53,487 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $268,595 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $142,163 |
| Insurance | $46,720 |
| All other expenses | $0 |
| Total functional expenses | $5,784,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,842,970 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $200,079 |
| Net Land, buildings, and equipment | $1,711,412 |
| Investments—publicly traded securities | $5,576,301 |
| Investments—other securities | $174,152 |
| Investments—program-related | $0 |
| Intangible assets | $635,289 |
| Other assets | $0 |
| Total assets | $11,140,203 |
| Accounts payable and accrued expenses | $404,220 |
| Grants payable | $0 |
| Deferred revenue | $36,008 |
| 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 | $0 |
| Total liabilities | $440,228 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $13,500 |
| Paid-in or capital surplus, or land, building, or equipment fund | $14,990 |
| Retained earnings, endowment, accumulated income, or other funds | $10,671,485 |
| Total liabilities and net assets/fund balances | $11,140,203 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chinatown Service Center Los Angeles, CA | $26,778,687 | $27,867,616 |
Sag-Aftra & Industry Sound Recordings Distribution Fund Valley Village, CA | $48,142,351 | $13,604,136 |
Electric & Gas Industries Association Sacramento, CA | $14,735,713 | $15,175,016 |
American Pistachio Growers Fresno, CA | $11,494,323 | $15,365,842 |
National Council For Prescription Drug Programs Inc Scottsdale, AZ | $21,339,680 | $12,526,720 |
Travel Portland Portland, OR | $18,865,244 | $9,767,566 |
California Society Of Certified Public Accountants Burlingame, CA | $29,880,424 | $13,544,885 |
Scottsdale Convention And Vistors Bureau Inc Scottsdale, AZ | $8,006,659 | $12,242,411 |
Sustainable Apparel Coalition Inc Oakland, CA | $12,069,125 | $10,210,019 |
Portland Business Alliance Portland, OR | $2,909,182 | $8,830,293 |
California Certified Public Accountants Foundation Burlingame, CA | $12,236,942 | $9,436,468 |
California Life Sciences Association San Diego, CA | $8,698,147 | $9,649,305 |