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Vibration Institute

Vibration Institute

Oak Brook, IL 60523
Tax ID23-7260549

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Amount

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About this organization

Revenue

$1,833,362

Expenses

$1,842,445

Website

vi-institute.org

Mission

At the Vibration Institute, our mission is to disseminate practical information on evaluating the behavior and condition of machinery without commercial interest. The Institute offers a variety of programs, including education, training, certification, and opportunities for technical knowledge exchange. Our members share information, procedures, and cutting-edge data through formal training, networking, meetings, and publications. If you would like to join our network of esteemed colleagues, improve your skills, and expand your education in the study of machine vibrations, get in touch and get started as a member.

About

Presentation of seminars and courses and offer exams to obtain or renew certifications. Holding an annual conference and publication and membership benefits to individuals and businesses and to educate members and other interested parties in the science and the art of mechanical vibration.

Interesting data from their 2020 990 filing

The non-profit's mission is outlined in the filing as being “The mission of the vibration institute is to disseminate practical information on evaluating machinery behavior and condition without commercial interest. the institute offers programs including education, training, certification, opportunities for exchanging technical knowledge, information, procedures, and data that are offered through meetings, publications, formal training and networking.”.

When outlining its responsibilities, they were referred to as: “The mission of the vibration institute is to disseminate practical information on evaluating machinery behavior and condition without commercial interest. the institute offers programs including education, training, certification, opportunities for exchanging technical knowledge, information, procedures, and data that are offered through meetings, publications, formal training and networking.”.

  • The state in which the non-profit operates has been officially reported as IL.
  • The filing reveals the non-profit's address in 2020 to be 2625 BUTTERFIELD RD 128N, OAK BROOK, IL, 60523.
  • As per the non-profit's form for 2020, they have 8 employees on their payroll.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$9,083.
  • The CEO compensation scheme within the organization is not based on a review and endorsement by an impartial party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 7 independent voting members.
  • The organization was formed in 1972.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization pays $646,398 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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