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The Vibration Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237260549 ✦ Naperville, IL ✦ Designated as a 501(c)(3)

Overview

What is The Vibration Institute?

The Vibration Institute, based in Naperville, Illinois, serves as a nonprofit organization dedicated to disseminating practical knowledge on evaluating machine behavior and condition without commercial bias. They accomplish this mission through various programs, such as seminars, courses, and exams to obtain or renew certifications. The Institute organizes an annual conference, offers membership benefits to individuals and businesses, and publishes resources to educate members and interested parties about mechanical vibration. Their initiatives encompass education, training, certification, networking opportunities, and the exchange of technical information and data, all delivered through meetings, publications, formal training, and networking events. With a small team of eight employees, The Vibration Institute remains committed to advancing the field of mechanical vibration and supporting professionals in their work.


Official website here: www.vi-institute.org

Is The Vibration Institute legitimate?

The Vibration Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Vibration Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $204,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $377,750

For more financial information, click here


Official website here: www.vi-institute.org

What is the mission statement of The Vibration Institute?

The Vibration Institute's mission is centered around disseminating practical information related to evaluating machinery behavior and condition without any commercial interest. They accomplish this through various programs such as education, training, certification, and networking opportunities. These programs offer technical knowledge exchange, information, procedures, and data to their members, mainly through meetings, publications, formal training, and networking events. The institute aims to provide a platform for professionals in the field to share and learn from each other, ultimately contributing to the maintenance and improvement of machinery and equipment.


Official website here: www.vi-institute.org

Who is the CEO of The Vibration Institute?

David B Szrom is the Sec/Treasure of The Vibration Institute.


Official website here: www.vi-institute.org

What is the revenue of The Vibration Institute?

The Vibration Institute's revenue in 2022 was $1,591,694.


Official website here: www.vi-institute.org

Who are the executives of The Vibration Institute and what are their salaries?

The average compensation at The Vibration Institute during 2022 was $72,784. There are 8 employees at The Vibration Institute.

Here are 21 key members and their salaries:

    Jack Peters (Tech. Dir. O) [Trustee/Director]
  • Compensation: $55,000
  • Related: $0
  • Other: $0

    • David B Szrom (Sec/Treasure) [Trustee/Director]
  • Compensation: $31,299
  • Related: $0
  • Other: $0

    • Gyorgy Szasz (President) [Trustee/Director]
  • Compensation: $20,000
  • Related: $0
  • Other: $0

    • Robert Sayer (Past-Preside) [Trustee/Director]
  • Compensation: $19,300
  • Related: $0
  • Other: $0

    • Barry Cease (Director)
  • Compensation: $18,300
  • Related: $0
  • Other: $0

    • Monroe Voyles (Director)
  • Compensation: $15,300
  • Related: $0
  • Other: $0

    • Austin Creasy (Director)
  • Compensation: $15,000
  • Related: $0
  • Other: $0

    • Nancy Denton (Director)
  • Compensation: $15,000
  • Related: $0
  • Other: $0

    • Nelson L Baxter (Director)
  • Compensation: $5,100
  • Related: $0
  • Other: $0

    • Dave Corelli (Tech. Dir. O) [Trustee/Director]
  • Compensation: $5,000
  • Related: $0
  • Other: $0

    • Brian Biby (Director)
  • Compensation: $3,803
  • Related: $0
  • Other: $0

    • Allen Plymon (Exec. Vice P) [Trustee/Director]
  • Compensation: $1,423
  • Related: $0
  • Other: $0

    • Gene Bradbury (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Elam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Grace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Preston Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Kelm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Lantrip (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Spettel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Spettel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.vi-institute.org

    Where can I find the form 990 for The Vibration Institute?

    The The Vibration Institute’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.vi-institute.org

    Learn more at the official website: www.vi-institute.org

    Mission Statement of The Vibration Institute

    The Vibration Institute, a nonprofit organization, is committed to disseminating practical information about evaluating machinery behavior and condition without any commercial interest. They achieve this mission by offering a variety of programs. These programs encompass education, training, certification, and opportunities for exchanging technical knowledge, information, procedures, and data. The institute accomplishes this through various means such as meetings, publications, formal training, and networking events. By doing so, The Vibration Institute plays a crucial role in promoting the exchange of valuable information within the field of machinery evaluation and condition assessment.

    Impact

    This information is meant to be a general summary of The Vibration Institute. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Vibration Institute plays a crucial role in disseminating practical information on evaluating machinery behavior and condition without commercial interest. By offering programs such as education, training, certification, and opportunities for exchanging technical knowledge, the Institute enhances the understanding and practice of mechanical vibration science. Through seminars, courses, exams, annual conferences, and publications, the Institute educates individuals and businesses on machinery vibration, contributing to advancements in science research and industry practices.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $57,150
  • Program Service Revenue: $1,457,056
  • Gross Receipts: $1,591,694

    • Assets and Liabilities:
  • Total Assets: $2,135,311
  • Total Liabilities: $635,927
  • Net Assets: $1,499,384
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    COURSES

    Revenue

    $713,280

    CERTIFICATION

    Revenue

    $322,912

    CONFERENCE

    Revenue

    $286,535

    MEMBERSHIP

    Revenue

    $119,473

    PUBLICATIONS

    Revenue

    $14,856

    Organization Details

    Founding Year

    1972

    Principal Officer

    David B Szrom

    Main Address

    1801 N MILL ST STE A, NAPERVILLE, IL, 60563

    NTEE Category

    Code: U4XC - Science research

    If you are a representative of The Vibration Institute and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.