Overview

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Est.

1917

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Hydraulic Institute Inc, a nonprofit organization with EIN 22-3525903, is dedicated to advancing education in the pump industry by developing and delivering comprehensive industry standards for member companies and pump users worldwide. With an operating budget of $3.5 million and total revenue of $3.8 million for the 2024 filing year, the organization provides essential tools and education for the effective application, testing, installation, operation, and maintenance of pumps and pumping systems. More information can be found on their website at www.pumps.org.

Mission Statement

FORM 990 - PART I NO. 1 THE HYDRAULIC INSTITUTE DEVELOPS AND DELIVERS COMPREHENSIVE INDUSTRY STANDARDS TO MEMBER COMPANIES AND PUMP USERS WORLDWIDE AND PROVIDES EDUCATION AND TOOLS FOR THE EFFECTIVE APPLICATION, TESTING, INSTALLATION, OPERATION AND MAINTENANCE OF PUMPS AND PUMPING SYSTEMS.
Revenues
$3.8M
Expenses
$3.5M
Net Income:
+$289.3K
Assets
$6.6M
Liabilities
$2.5M
Net Assets:
+$4.1M
Operating Budget
$3.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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M
Michael Michaud
Board Member
M
Mike Reimers
Board Member
T
Tryge Dahl
Board Member

Frequently Asked Questions

What is HYDRAULIC INSTITUTE INC’s budget?
In 2024, HYDRAULIC INSTITUTE INC reported an annual operating budget of around $3.5 million. More detailed financial information is available to registered users.
What causes does HYDRAULIC INSTITUTE INC support?
HYDRAULIC INSTITUTE INC supports work in Education.
Where does HYDRAULIC INSTITUTE INC operate?
HYDRAULIC INSTITUTE INC is headquartered in Parsippany, NJ.