EIN 06-0607885

Spring Manufacturers Institute

IRS 501(c) type
501(c)(6)
Num. employees
3
City
Year formed
1979
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Spring Manufacturers Institute serves, supports and educates North American precision spring manufacturers in their pursuit of competitiveness in world markets. Its major activities include holding an annual meeting, providing spring design software designed by members of the Institute for educational purposes, conducting benchmarking activities and hosting regional seminars. The institute also arranges educational seminars to teach engineers about designing springs, selecting suitable materials for the springs and creating designs based on customer specifications.
Total revenues
$651,525
2022
Total expenses
$728,538
2022
Total assets
$28,491
2022
Num. employees
3
2022

Program areas at Spring Manufacturers Institute

Educational seminars - to educate engineers on designing springs, to choose the correct material for the springs and to make designs based on customer specifications.
The Spring meeting (107 registrants) is held to serve the educational & professional needs of members and nonmembers in the Spring manufacturing industry.
Spring design software designed by members of the Institute & used by firms/individuals involved in the production or design of precision mechanical springs for educational purposes.
Regional meetings
Scholarship program and benchmarking.

Personnel at Spring Manufacturers Institute

NameTitleCompensation
Gary McCoyExecutive Director$6,559
Lynne CarrPast Executive Director$98,208
Don Jacobson IiiBoard Member$0
Gene HuberVice President / Board$0
Steve KempfBoard Member$0
...and 2 more key personnel

Financials for Spring Manufacturers Institute

RevenuesFYE 12/2022
Total grants, contributions, etc.$22,775
Program services$587,781
Investment income and dividends$160
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$40,609
Miscellaneous revenues$200
Total revenues$651,525

Form 990s for Spring Manufacturers Institute

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-07990View PDF
2021-122022-10-27990View PDF
2020-122021-11-09990View PDF
2019-122021-06-30990View PDF
2018-122019-10-30990View PDF
...and 8 more Form 990s
Data update history
January 10, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 10, 2024
Updated personnel
Identified 3 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2020
January 30, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Trade associationsBusiness and community development organizations
Issues
Science and technologyBusiness and industry
Characteristics
MembershipsManagement and technical assistanceProvides scholarships
General information
Address
PO Box 5668
Elgin, IL 60121
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Kane County, IL
Website URL
smihq.org/ 
Phone
(847) 450-6848
IRS details
EIN
06-0607885
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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