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Precision Manufacturing Institute

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

EIN: 251578241 ✦ Meadville, PA ✦ Designated as a 501(c)(3)

Overview

What is Precision Manufacturing Institute?

The Precision Manufacturing Institute, located at 764 Bessemer Street Suite 105, Meadville, PA 16335, is a nonprofit organization committed to fostering growth in individuals, businesses, and industries. They achieve this mission by operating a trade school, providing hands-on training, and classroom instruction in advanced manufacturing technologies and processes. With a dedicated team of 18 employees, the Precision Manufacturing Institute is dedicated to promoting quality education and training, ultimately contributing to the overall development of the manufacturing sector.


Official website here: www.pmionline.edu

Is Precision Manufacturing Institute legitimate?

Precision Manufacturing Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Precision Manufacturing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $510,168

For more financial information, click here


Official website here: www.pmionline.edu

What is the mission statement of Precision Manufacturing Institute?

The Precision Manufacturing Institute's mission, as stated, is centered around fostering growth in individuals, businesses, and the industry. They accomplish this goal by providing high-quality education and training. The institution operates a facility where they develop and instruct manufacturing technologies and processes. This is done through a combination of hands-on training and classroom instruction. In essence, the Precision Manufacturing Institute's mission is to contribute to the growth and development of the sector and its workforce by offering comprehensive and practical educational programs.


Official website here: www.pmionline.edu

Who is the CEO of Precision Manufacturing Institute?

Dennis F Wilke is the Chairman Of of Precision Manufacturing Institute.


Official website here: www.pmionline.edu

What is the revenue of Precision Manufacturing Institute?

Precision Manufacturing Institute's revenue in 2021 was $1,720,780.


Official website here: www.pmionline.edu

Who are the executives of Precision Manufacturing Institute and what are their salaries?

The average compensation at Precision Manufacturing Institute during 2021 was $28,343. There are 18 employees at Precision Manufacturing Institute.

Here are 9 key members and their salaries:

    Jim Lane (School Direc) [Trustee/Director]
  • Compensation: $76,647
  • Related: $0
  • Other: $0

    • Mary Bula (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl Ferry (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Newell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Petrunak (Secretary/Tr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Pustelak (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jermey Shelatz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Shore (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis F Wilke (Chairman Of) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pmionline.edu

    Where can I find the form 990 for Precision Manufacturing Institute?

    The Precision Manufacturing Institute’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.pmionline.edu

    Learn more at the official website: www.pmionline.edu

    Mission Statement of Precision Manufacturing Institute

    Precision Manufacturing Institute, abbreviated as PMI, is dedicated to fostering the expansion of individuals, businesses, and the manufacturing sector as a whole. Their primary objective is achieved through the provision of top-notch education and training. Located at an unspecified facility, PMI specializes in the development and instruction of advanced manufacturing technologies and processes. This is accomplished through a combination of hands-on training and classroom instruction. The ultimate goal of PMI is to promote growth in the manufacturing industry, ensuring a skilled workforce that can meet the demands of the ever-evolving technological landscape.

    Impact

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




    Thursday, August 15, 2024

    Precision Manufacturing Institute's impact can be seen in its dedication to promoting the growth of individuals, businesses, and industries through quality education and training. By operating a trade school focused on manufacturing technologies and processes, PMI is equipping individuals with the skills and knowledge needed to excel in the manufacturing sector. Through hands-on training and classroom instruction, PMI is helping to meet the demand for skilled workers in the industry, contributing to economic growth and development in Meadville, PA, and beyond. Additionally, PMI's commitment to quality education aligns with its mission to support the advancement of people, businesses, and industries, making a tangible and valuable impact in the community.





    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 2021.

  • Investment Income: $154
  • Program Service Revenue: $754,414
  • Gross Receipts: $1,720,780

    • Assets and Liabilities:
  • Total Assets: $3,144,521
  • Total Liabilities: $2,507,808
  • Net Assets: $636,713
  • Programs

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

    TUITION REVENUE

    Revenue

    $754,414

    Organization Details

    Founding Year

    1987

    Principal Officer

    Dennis F Wilke

    Main Address

    764 BESSEMER STREET SUITE 105, MEADVILLE, PA, 16335

    NTEE Category

    Code: X99Z - Religion related

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