INTERNATIONAL INSTITUTE OF AMMONIA REFRIGERATION

EIN: 237245140

ALEXANDRIA, VA

Total Revenue
$5,393,409
Total Expenses
$4,900,418
Total Assets
$7,482,116
Net Assets
$5,980,533
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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
IL
Principal Officer
GARY SCHRIFT
Phone
7033124200
Tax Period
2023-07-01 to 2024-06-30

INTERNATIONAL INSTITUTE OF AMMONIA REFRIGERATION, founded in 1971, is a community nonprofit that reported $3.8M in total revenue in fiscal year 2018. Expenses of $3.6M left a modest 6% surplus.

Mission

PROVIDING ADVOCACY, EDUCATION, STANDARDS, AND INFORMATION FOR THE BENEFIT OF THE NATURAL REFRIGERATION INDUSTRY.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $241,000
Program Service Revenue $4,700,074
Investment Income $224,581
Other Revenue $227,754
TOTAL REVENUE $5,393,409

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,039,539
Fundraising Expenses $0
Other Expenses $2,860,879
TOTAL EXPENSES $4,900,418

Year-over-Year Comparison

2023 2022 Change
Revenue $5,393,409 $4,784,891 +0.1%
Expenses $4,900,418 $4,236,329 +0.2%
Net Income $492,991 $548,562 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
21
Independent Members
21
Employees
10
Volunteers
26

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$374,807
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES TAYLOR DIRECTOR (TO 3/2023) 0.30
Director
$0 $0 $0
JEFF SUTTON DIRECTOR (TO 3/2027) 0.30
Director
$0 $0 $0
SAMIR SHAH DIRECTOR (TO 3/2023) 0.30
Director
$0 $0 $0
DOUG SCOTT DIRECTOR (TO 3/2026) 0.30
Director
$0 $0 $0
LESLEY SCHAFER DIRECTOR (TO 3/2025) 0.30
Director
$0 $0 $0
JOE PILLIS DIRECTOR (FROM 3/2023) 0.30
Director
$0 $0 $0
NICK NECHAY DIRECTOR (TO 3/2026) 0.30
Director
$0 $0 $0
MICHAEL J LYNCH DIRECTOR (TO 3/2025) 0.30
Director
$0 $0 $0
KURT LIEBENDORFER DIRECTOR (FROM 3/2023) 0.30
Director
$0 $0 $0
TODD JEKEL DIRECTOR (TO 3/2027) 0.30
Director
$0 $0 $0
GLEN HERON DIRECTOR (FROM 3/2023) 0.30
Director
$0 $0 $0
MAXMINE GIROT DIRECTOR (TO 3/2027) 0.30
Director
$0 $0 $0
MIGUEL GARRIDO DIRECTOR (TO 3/2025) 0.30
Director
$0 $0 $0
DON FAUST DIRECTOR (TO 3/2026) 0.30
Director
$0 $0 $0
JOE FAZZARI DIRECTOR (TO 3/2025) 0.30
Director
$0 $0 $0
JEANNA EMMONS TREASURER 0.30
Director
$0 $0 $0
DAVID BLACKHURST DIRECTOR (FROM 3/2023) 0.30
Director
$0 $0 $0
MARK BAZIS JR DIRECTOR (TO 3/2027) 0.30
Director
$0 $0 $0
JIM ADLER DIRECTOR (TO 3/2024) 0.30
Director
$0 $0 $0
WAYNE WEHBER VICE CHAIR 0.30
Officer Director
$0 $0 $0
MICHAEL MCGINNIS CHAIR-ELECT 0.30
Officer Director
$0 $0 $0
JEFFREY CARTER CHAIR-ELECT 0.30
Officer Director
$0 $0 $0
ERIC S JOHNSTON IMMEDIATE PAST CHAIR (TO 3/2023) 0.30
Officer Director
$0 $0 $0
DAVE MALINAUSKAS CHAIR 0.30
Officer Director
$0 $0 $0
TREVOR HEGG IMMEDIATE PAST CHAIR (FROM 3/2023) 0.30
Officer Director
$0 $0 $0
ALEXANDER VERGARA DIRECTOR (TO 3/2027) 0.30
Director
$0 $0 $0
GARY SCHRIFT PRESIDENT 40.00
Officer
$335,287 $39,520 $374,807
EDWARD SAINATO DIRECTOR OF EDUCATION 40.00
Highest
$109,143 $0 $109,143
YESENIA RIVERA RECTOR INTERNATIONAL DIRECTOR 40.00
Highest
$125,098 $0 $125,098
TONY LUNDELL DIRECTOR OF SAFETY AND STANDARDS 40.00
Highest
$192,903 $8,889 $201,792
ERIC SMITH VICE PRESIDENT TECHNICAL DIRECTOR 40.00
Highest
$220,887 $41,957 $262,844
MICHAEL CHAPMAN DIRECTOR OF BUSINESS 40.00
Highest
$178,646 $33,365 $212,011
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $5,393,409 $4,900,418 $7,482,116 $492,991
2023 $4,784,891 $4,236,329 $6,413,049 $548,562
2022 $4,656,781 $3,267,351 $5,335,632 $1,389,430
2021 $2,852,892 $2,541,034 $5,426,318 $311,858
2020 $2,574,810 $3,287,790 $5,588,305 $-712,980
2019 $3,819,203 $3,590,799 $4,527,360 $228,404
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