INTERNATIONAL TRAINING INSTITUTE FOR THE SHEET METAL & AIR CONDITIONING INDUSTRY

EIN: 520914827 501(c)(3)

FALLS CHURCH, VA

Total Revenue
$16,943,292
Total Expenses
$13,902,126
Total Assets
$69,699,522
Net Assets
$69,343,323
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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
VA
Principal Officer
DANIEL MCCALLUM
Phone
7037397200
Tax Period
2023-01-01 to 2023-12-31

INTERNATIONAL TRAINING INSTITUTE FOR THE SHEET METAL & AIR CONDITIONING INDUSTRY, founded in 1971, is a mid-sized nonprofit that reported $15.6M in total revenue in fiscal year 2018. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $13.6M left a modest 13% surplus.

Mission

TO DEVELOP AND PROVIDE EDUCATIONAL SERVICES AND TRAINING RESOURCES FOR APPRENTICES AND JOURNEY PERSONS IN THE SHEET METAL AND AIR CONDITIONING 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 $0
Program Service Revenue $14,668,023
Investment Income $2,265,819
Other Revenue $9,450
TOTAL REVENUE $16,943,292

Expense Breakdown

Grants Paid $893,915
Salaries & Benefits $5,254,558
Fundraising Expenses $0
Program Expenses $10,523,917
Other Expenses $7,753,653
TOTAL EXPENSES $13,902,126

Year-over-Year Comparison

2023 2022 Change
Revenue $16,943,292 $15,099,753 +0.1%
Expenses $13,902,126 $13,626,718 +0.0%
Net Income $3,041,166 $1,473,035 +1.1%
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
8
Independent Members
8
Employees
24
Volunteers
N/A

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
2
$708,922
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW CRAMER CO-CHAIR 1.00
Director
$0 $0 $0
MICHAEL COLEMAN CO-CHAIR 1.00
Director
$0 $0 $0
JOHN E SICKLE JR TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH POWELL TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH LANSDELL TRUSTEE 1.00
Director
$0 $0 $0
RICHARD H WERNER TRUSTEE 1.00
Director
$0 $0 $0
JOHN ILTEN TRUSTEE 1.00
Director
$0 $0 $0
BILL KENYON TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH SELLERS (FORMER) CO-CHAIR 1.00
Director
$0 $0 $0
RANDY NOVAK (FORMER) CO-CHAIR 1.00
Director
$0 $0 $0
DANIEL MCCALLUM EXECUTIVE DIRECTOR 40.00
Officer
$272,621 $89,235 $361,856
MICHAEL T HARRIS ADMINISTRATOR 40.00
Officer
$260,923 $86,143 $347,066
COLLINS DAVID FIELD STAFF 40.00
Highest
$183,745 $72,916 $256,661
GARRISON CLIFFORD FIELD STAFF 40.00
Highest
$183,834 $71,473 $255,307
LIEBERT LEONARD FIELD STAFF 40.00
Highest
$208,838 $68,247 $277,085
MCGUIRE RONALD PROGRAM DIRECTOR 40.00
Highest
$219,048 $80,383 $299,431
ST PETER DAVID DIRECTOR OF RESEARCH DEVELOPMENT & TECHNOLOGY 40.00
Highest
$194,427 $73,141 $267,568
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
2024 No data No data No data No data
2023 $16,943,292 $13,902,126 $69,699,522 $3,041,166
2022 $15,099,753 $13,626,718 $60,856,107 $1,473,035
2021 $17,921,837 $10,897,249 $68,095,244 $7,024,588
2020 $16,085,913 $10,846,768 $58,104,257 $5,239,145
2019 $16,795,161 $12,466,083 $47,758,261 $4,329,078
2018 $15,642,101 $13,578,911 $38,771,017 $2,063,190
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