EDISON WELDING INSTITUTE

EIN: 311119893 501(c)(3) Employment

COLUMBUS, OH

Total Revenue
$29,500,098
Total Expenses
$33,159,808
Total Assets
$22,566,810
Net Assets
$9,408,389
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
OH
Principal Officer
DR HENRY CIALONE
Phone
6146885000
Tax Period
2022-07-01 to 2023-06-30

EDISON WELDING INSTITUTE, founded in 1985, is a mid-sized nonprofit in the Employment sector that reported $29.5M in total revenue in fiscal year 2022. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $33.2M exceeded revenue, resulting in a 12% operating deficit.

Mission

ADVANCING OUR CUSTOMERS' MANUFACTURING COMPETITIVENESS THROUGH INNOVATION IN JOINING AND ALLIED TECHNOLOGIES

Program Service Accomplishments

Program 1
Expenses: $28,391,938 Revenue: $22,201,381

MIDWEST OPERATIONSIN EDISON WELDING INSTITUTE'S ("EWI") FISCAL YEAR ENDING JUNE 30, 2023, EWI HAD OVER 500 INDIVIDUAL PROJECTS, AVERAGING $46,000 PER PROJECT, AND UP TO $1,500,000. EACH PROJECT HAS...

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MIDWEST OPERATIONSIN EDISON WELDING INSTITUTE'S ("EWI") FISCAL YEAR ENDING JUNE 30, 2023, EWI HAD OVER 500 INDIVIDUAL PROJECTS, AVERAGING $46,000 PER PROJECT, AND UP TO $1,500,000. EACH PROJECT HAS VAST DEGREES OF TECHNOLOGY DEPLOYED AND ADVANCED JOINING PROCESSES. SEE BELOW FOR EACH AREA THAT EWI SERVED.SPACE - EWI LEADS THE WAY IN DEVELOPING AND DEPLOYING ADVANCES IN MANUFACTURING FOR THE SPACE INDUSTRY TO REDUCE WEIGHT AND COST, IMPROVE FIRST-TIME QUALITY, AND SPEED UP THE DEVELOPMENT CYCLE COMPARED TO LEGACY MANUFACTURING METHODS.RAIL - IMPROVE THE SAFETY, FABRICATION, OPERATION, MAINTENANCE, AND REPAIR OF RAILS AND EQUIPMENT.PACKAGING - EWI'S EXPERTISE IN MATERIALS ENGINEERING, PRODUCT DESIGN, AND ADVANCED JOINING TECHNOLOGIES FOR MANUFACTURING HELPS COMPANIES TO CUT WASTE, CUT COSTS, AND OPTIMIZE PRODUCTION WHEN DEVELOPING PACKAGING SOLUTIONS.MEDICAL - USE MATERIALS ENGINEERING AND JOINING TECHNOLOGIES TO CUT WASTE, CUT COSTS, AND OPTIMIZE PRODUCTION FOR PACKAGE SOLUTIONS.HEAVY MANUFACTURING - IMPROVE PERFORMANCE, SAFETY, QUALITY, AND OPERATIONAL EFFICIENCY THROUGH MANUFACTURING TECHNOLOGY INNOVATION.CONSUMER - ACCELERATE PRODUCT DESIGN AND SPEED-TO-MARKET CYCLES THROUGH APPLICATION OF INNOVATIVE MATERIALS, JOINING, AND SEALING TECHNOLOGIES.AUTO - STAY COMPETITIVE WITH INNOVATIONS IN LIGHT WEIGHTING AND DISSIMILAR MATERIALS JOINING.AIR - INCREASE PRODUCTION EFFICIENCIES, QUALITY, AND LIFE-EXPECTANCY OF JOINERY ON AIRCRAFTS.ADVANCED ENERGY - REDUCE CONSUMPTION, MEET NEW ENERGY REGULATIONS, AND GET TO MARKET FASTER.GOVERNMENT - CONFIDENTIAL CLIENT:EWI CONTINUES TO SUPPORT A WIDE RANGE OF GOVERNMENT AGENCY INITIATIVES WHERE MANUFACTURING INNOVATION IS A KEY ENABLER TO SUCCESS. EWI'S EXPERTISE HAS ENABLED THE DEVELOPMENT OF NOVEL MATERIAL JOINING TECHNIQUES TO OPTIMIZE AND ADD FLEXIBILITY TO MANUFACTURING PROCESSES, THE IMPLEMENTATION OF NOVEL MONITORING TECHNIQUES TO IMPROVE COMPONENT CAPABILITIES IN METAL ADDITIVE MANUFACTURING, AND THE GENERATION OF A ROADMAP OF THE MOST CRITICAL JOINING AND FORMING CHALLENGES FACING TODAY'S MANUFACTURERS. EWI CONTINUES TO BE RECOGNIZED AS THE THOUGHT LEADER WHEN GOVERNMENT AGENCIES REQUIRE MANUFACTURING INNOVATION EXPERTISE.CONFIDENTIAL CLIENT: EWI CONTINUES TO WORK WITH A JET ENGINE COMPANY ON VARIOUS METHODS OF REPAIRING JET ENGINE COMPONENTS AND ASSISTING THEM IN NEW PART PRODUCTION. EWI CONTINUED TO WORK WITH THIS CLIENT ON NEW WAYS TO SOLVE COMPLEX JOINING AND MANUFACTURING PROBLEMS. EWI DOES NOT MANUFACTURE ANY PARTS FOR ON-WING APPLICATIONS.JOINT SPONSORED PROJECTS:EWI LEADS A CONSORTIUM OF US INDUSTRY AND ACADEMIC MATERIALS JOININGAND FORMING ORGANIZATIONS, DEVELOPING THE FIRST COMPREHENSIVE US"ADVANCED JOINING AND FORMING TECHNOLOGY ROADMAP." THIS ROADMAPIDENTIFIES AND RANKS CHALLENGES IN ORDER TO PRIORITIZE RESEARCH ANDDEVELOPMENT THAT PROVIDES COMPETITIVE ADVANTAGES WITH SUBSTANTIVENATIONAL IMPACT. EWI GUIDES A STEERING COMMITTEE THAT UNITESSTAKEHOLDERS FROM INDUSTRY, ACADEMIA, PROFESSIONAL SOCIETIES, NONPROFIT RESEARCH CENTERS, TECHNOLOGY PROVIDERS, AND REGIONAL ECONOMICDEVELOPMENT AUTHORITIES AROUND A COMMON VISION TO DEVELOP INNOVATIVETECHNOLOGY SOLUTIONS TO THE NATION'S MOST IMPORTANT JOINING AND FORMINGCHALLENGES. UNDER THE U.S. DEPARTMENT OF COMMERCE, EWI HAS BEEN FUNDEDTO DEVELOP ADVANCED EDDY CURRENT TECHNIQUES FOR CHARACTERIZATION OFADDITIVELY MANUFACTURED (AM) MATERIALS - FEEDSTOCK AND SOLID AMCOMPONENTS BEFORE, DURING, AND AFTER FABRICATION. EWI HAS DIRECTED ATEAM OF THE MOST ADVANCED ENGINEERING UNIVERSITIES AND INNOVATIVEMANUFACTURERS IN A COLLABORATIVE EFFORT FOR "IN-SITU PROCESSMONITORING" FOR AM FABRICATION THAT ADDRESSES HIGH PRIORITY FOCUSAREAS. THE EWI TEAM HAS ADDRESSED DETAILED, CRITICAL MEASUREMENTSCIENCE CHALLENGES, AND IDENTIFIED AND APPLIED SPECIFIC SOLUTIONS FORMETAL-BASED AM.TRAINING:FOR WHATEVER TECHNOLOGY NEED OR CHALLENGE, EWI PROVIDES TRAININGTAILORED TO FIT. EWI OFFERS COURSES THAT PROVIDE ENGINEERS ANDTECHNICIANS WITH AN OVERVIEW OF THE VARIOUS ASPECTS OF WELDINGTECHNOLOGY. THESE COURSES ARE ORGANIZED INTO MODULES DISCUSSING WELDINGPROCESSES, WELDING METALLURGY AND WELDABILITY, WELDING DESIGN ANDTESTING (INCLUDING MECHANICAL TESTING AND NDT), AND QUALIFICATIONS ANDPROCEDURE REVIEW. THESE COURSES PROVIDE AN EXCELLENT MIX OF CLASSROOMAND LABORATORY TRAINING WITH THE LAB PORTION ENHANCED BY EWI'SWORLD-CLASS WELDING FACILITY. THE COURSES ARE PARTICULARLY USEFUL FORENGINEERS WHO WERE NOT ORIGINALLY EDUCATED AS WELDING ENGINEERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $29,332,778
Investment Income $-120,714
Other Revenue $288,034
TOTAL REVENUE $29,500,098

Expense Breakdown

Grants Paid $100
Salaries & Benefits $19,977,915
Fundraising Expenses $0
Program Expenses $28,391,938
Other Expenses $13,181,793
TOTAL EXPENSES $33,159,808

Year-over-Year Comparison

2022 2021 Change
Revenue $29,500,098 $26,297,457 +0.1%
Expenses $33,159,808 $28,918,843 +0.1%
Net Income $-3,659,710 $-2,621,386 +0.4%
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
14
Independent Members
7
Employees
174
Volunteers
7

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
6
$1,337,217
Total Directors
14
$588,923
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR HENRY CIALONE PRESIDENT & CEO 45.00
Officer Director
$448,123 $36,800 $484,923
GREG MOORE CHAIR 1.00
Officer Director
$28,000 $0 $28,000
CARMEN SPENCER VICE CHAIR 1.00
Officer Director
$28,000 $0 $28,000
CONNIE BUYNACEK BOARD MEMBER 1.00
Director
$12,000 $0 $12,000
DAVID COLLIE BOARD MEMBER 1.00
Director
$0 $0 $0
JOE DORIA BOARD MEMBER 1.00
Director
$0 $0 $0
TREVOR GRAMS BOARD MEMBER 1.00
Director
$0 $0 $0
DOUG LUCIANI BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL MURTAGH BOARD MEMBER 1.00
Director
$12,000 $0 $12,000
TANNIS PROULX BOARD MEMBER 1.00
Director
$0 $0 $0
BONNIE ROSE BOARD MEMBER 1.00
Director
$0 $0 $0
MAX RUELOKKE BOARD MEMBER 1.00
Director
$0 $0 $0
ROSS THOMPSON III BOARD MEMBER 1.00
Director
$12,000 $0 $12,000
DAN WRIGHT BOARD MEMBER 1.00
Director
$12,000 $0 $12,000
KELLY J JENKINS CHIEF OPERATING OFFICER 45.00
Officer
$261,979 $19,566 $281,545
ROY LYDIC CFO 42.00
Officer
$237,734 $30,810 $268,544
MARK SCHIMMING VP GOVERNMENT BUSINESS DEVELOPMENT 41.00
Officer
$228,530 $17,675 $246,205
JERRY GOULD SENIOR TECHNOLOGY LEADER 43.00
Highest
$197,427 $28,727 $226,154
HOWARD MAROTTA AM BUSINESS DIRECTOR 40.00
Highest
$195,570 $7,122 $202,692
RONALD LEE AMAN SENIOR TECHNOLOGY LEADER 43.00
Highest
$192,694 $27,612 $220,306
JEFF ELLIS SENIOR TECHNOLOGY LEADER 43.00
Highest
$190,113 $13,930 $204,043
THOMAS MCGAUGHY SENIOR TECHNOLOGY LEADER 43.00
Highest
$185,038 $28,242 $213,280
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 No data No data No data No data
2023 $29,500,098 $33,159,808 $22,566,810 $-3,659,710
2022 $26,297,457 $28,918,843 $17,016,566 $-2,621,386
2021 $26,796,850 $27,127,390 $21,098,156 $-330,540
2020 $30,160,684 $29,732,136 $23,258,662 $428,548
2019 $31,507,927 $31,393,381 $24,975,172 $114,546
2018 $26,132,050 $28,605,994 $25,902,296 $-2,473,944
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