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SPRING MANUFACTURERS INSTITUTE INC

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Public IRS 990 nonprofit record

SPRING MANUFACTURERS INSTITUTE INC

EIN 06-0607885 · Labor Unions (J40)

What they do

SERVING, SUPPORTING and EDUCATING NORTH AMERICAN PRECISION SPRING MANUFACTURERS IN THEIR PURSUIT of COMPETITIVENESS IN WORLD MARKETS.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$77.69spent for every $100 of revenueRevenue covered expenses this year.
$0.51in assets for every $1 spent this yearSome assets cannot be spent right away.
3.9%of its money came from giftsOther money may come from services or investments.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $120,440 for GARY MCCOY (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$706,770
Expenses$549,085
Annual surplus $157,685 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$706,770
Expenses$549,085
Assets$279,069
Income$708,637
Contributions$27,500
Accounting fees$20,849
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
GARY MCCOYEXECUTIVE DIRECTOR · 25 hrs/week $120,440Base $81,375 · Other $39,065

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

GARY MCCOYEXECUTIVE DIRECTOR

JODI BOLDENOWBOARD OF DIRECTOR

TONY PESARESIBOARD OF DIRECTOR

TIM ZWITBOARD OF DIRECTOR

TIM BIANCOBOARD OF DIRECTOR

MONICA SHAFFERBOARD OF DIRECTOR

MARKUS ARNOLDBOARD OF DIRECTOR

LINDA FROEHLICHBOARD OF DIRECTOR

KEITH PORTER JRBOARD OF DIRECTOR

JOE DEVANYAT LARGE EXECUTIVE

ADAM JACOBSONBOARD OF DIRECTOR

GENE HUBER JRIMMEDIATE PAST PRESIDENT

DON JACOBSON IIIPRESIDENT

DON LYONSBOARD OF DIRECTOR

DAVID DEVOEVICE PRESIDENT

DAVE DEERWESTERSECRETARY/TREASURER

BERNIE TAYLORBOARD OF DIRECTOR

ALEX MELNIKOWBOARD OF DIRECTOR

About this charity

Recognized since
January 1942
Location
2275 VALLEY CREEK DR SUITE G, ELGIN, IL 60123-2513
County
Kane
In care of
GARY MCCOY
Primary officer
GARY MCCOY, EXECUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
MANN WEITZ & ASSOCIATES LLC
NTEE classification
Labor Unions (J40)
IRS tax category
Labor Unions

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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