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Nonprofit · EIN 23-7087832

INVESTMENT CASTING INSTITUTE

Tax-exempt · MONTVALE, NJ 07645

Financials

$1.5M$1.5M2023$2.3M$2.3M2024$2.3M$2.4M2025
Revenue Expenses · by fiscal year end
Financials of INVESTMENT CASTING INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,308,478$2,396,210-$87,732$1,743,559$548,401$1,195,158
December 31, 2024990$2,334,332$2,288,486$45,846$2,018,300$746,258$1,272,042
December 31, 2023990$1,542,646$1,546,332-$3,686$1,553,547$372,079$1,181,468
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$750,771
of which government grants
$750,771
Program service revenue
$1,540,778
Investment income
$12,860
Other revenue
$4,069

Expenses

Grants and similar amounts paid
$692,314
Compensation of officers, directors and key employees
$141,441
Other salaries and wages
$458,792
Salaries, compensation and benefits (total)
$756,475
Professional fundraising fees
$0
Legal fees
$11,470
Accounting fees
$37,074
Occupancy
$51,606
Travel
$25,468
Depreciation
$17,104

Balance sheet and other

Total assets, start of year
$2,018,300
Total assets, end of year
$1,743,559
Total liabilities, end of year
$548,401
Net assets, end of year
$1,195,158
Land, buildings and equipment
$27,879
Publicly traded securities
$320,568
Net assets without donor restrictions
$1,195,158
Gross receipts
$2,308,478
Employees
7
Volunteers
12
Year formed
1953
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
TIMOTHY SULLIVANEXECUTIVE DIRECTOR
Officer
40$106,997$34,444
NORA D'AMBRABUSINESS ADMINISTRATOR
Highest-paid employee
40$104,575$27,780
MERRIN MUXLOWPARTNERSHIPS AND MARKETING DIRECTOR
Highest-paid employee
40$104,145$14,352
JOE FRITZFORMER EXECUTIVE DIRECTOR, CEO
Former
0$0$107,582
NIPENDRA SINGHPAST PRESIDENT
Trustee or director, Officer
0.27$0$0
TY UELANDPRESIDENT
Trustee or director, Officer
2.27$0$0
AL TOROKDIRECTOR
Trustee or director
1.19$0$0
BOB JOHNSONDIRECTOR
Trustee or director
1.19$0$0
BRAD DESPLINTERDIRECTOR
Trustee or director
1.19$0$0
ERICH KNOESPELDIRECTOR
Trustee or director
0.88$0$0
JUAN MOLINAVICE PRESIDENT
Trustee or director, Officer
1.96$0$0
PHIL GEERSDIRECTOR
Trustee or director
0.65$0$0
AARON PHIPPSDIRECTOR
Trustee or director
0.81$0$0
BILL SCHAUBDIRECTOR
Trustee or director
1.04$0$0
RANDY ALTMANDIRECTOR
Trustee or director
0.65$0$0
1 more people on this return
NameTitleHours / weekCompensation
CONRAD HOLEKDIRECTOR
Trustee or director
0.73$0
990 for the year ended December 31, 2024: 14 people
NameTitleHours / weekCompensationOther / benefits
JOSEPH E FRITZEXECUTIVE DIRECTOR, CEO
Officer
40$227,076$78,423
NORA D'AMBRABUSINESS ADMINISTRATOR
Highest-paid employee
40$100,599$29,696
NIPENDRA SINGHPRESIDENT
Trustee or director, Officer
4.62$0$0
TY UELANDVICE PRESIDENT
Trustee or director, Officer
1.31$0$0
JOHN MARCINPAST PRESIDENT
Trustee or director, Officer
2.31$0$0
AL TOROKDIRECTOR
Trustee or director
2.9$0$0
BOB JOHNSONDIRECTOR
Trustee or director
1.29$0$0
BRAD DESPLINTERDIRECTOR
Trustee or director
1.1$0$0
ERICH KNOESPELDIRECTOR
Trustee or director
1.06$0$0
JUAN MOLINADIRECTOR
Trustee or director
0.98$0$0
JOHN MORISON IVDIRECTOR
Trustee or director
0.71$0$0
PHIL GEERSDIRECTOR
Trustee or director
0.94$0$0
RICH KILPATRICKDIRECTOR
Trustee or director
0.75$0$0
AARON PHIPPSDIRECTOR
Trustee or director
0.71$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
JOSEPH E FRITZEXECUTIVE DIRECTOR, CEO
Officer
40$218,574$75,073
NIPENDRA SINGHPRESIDENT
Trustee or director, Officer
2.56$0$0
TY UELANDVICE PRESIDENT
Trustee or director, Officer
0.29$0$0
JOHN MARCINPAST PRESIDENT
Trustee or director, Officer
0.92$0$0
AL TOROKDIRECTOR
Trustee or director
0.29$0$0
BOB JOHNSONDIRECTOR
Trustee or director
0.3$0$0
BRAD DESPLINTERDIRECTOR
Trustee or director
0.52$0$0
ERICH KNOESPELDIRECTOR
Trustee or director
0.3$0$0
JAMES WRIGHTDIRECTOR
Trustee or director
0.29$0$0
JUAN MOLINADIRECTOR
Trustee or director
0.08$0$0
JOHN MORISON IVDIRECTOR
Trustee or director
0.25$0$0
PHIL GEERSDIRECTOR
Trustee or director
0.17$0$0
RICH KILPATRICKDIRECTOR
Trustee or director
0.44$0$0

Address and contacts

Address (IRS master file)
1 PARAGON DR STE 113, MONTVALE, NJ 07645-1728
Principal officer (990 for 2025)
TIMOTHY SULLIVAN, 1 PARAGON DR 113, MONTVALE, NJ 076451744
Signed the 990
TIMOTHY SULLIVAN, EXECUTIVE DIRECTOR
Phone
(201) 573-9770
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

SEE SCHEDULE OTHE INVESTMENT CASTING INSTITUTE WILL MARKET THE INVESTMENT CASTING INDUSTRY AND SUPPORT ITS MEMBERS BY FACILITATING PROFESSIONAL, ACADEMIC, EDUCATIONAL, AND TECHNICAL INTEREST, AND WILL PROVIDE A FORUM FOR ADVANCEMENT IN TECHNOLOGY AND PRODUCT QUALITY FOR CUSTOMERS AND MANUFACTURERS, WHILE PROMOTING FREE TRADE, FAIR COMPETITION, AND ADHERING TO U.S. LAWS AND REGULATIONS REGARDING COMMERCE AND INDUSTRIAL TRADE.

990 for the year ended December 31, 2025

Program accomplishments

  • FALL TECHNICAL MEETING WAS OFFERED AS AN IN-PERSON EVENT IN 2025 AND WAS BRANDED AS THE 72ND ANNUAL TECHNICAL CONFERENCE AND EXPO ON INVESTMENT CASTING: ANNUAL MEETING WHICH FOCUSES ON THE TECHNICAL ISSUES IN THE INVESTMENT CASTING INDUSTRY. THE MEETING ALSO INCLUDES EXHIBITIONS BY THE INSTITUTE'S MEMBERS, AND A CONTEST IN WHICH ENTRIES ARE COMPONENTS AND APPLICATIONS THAT SHOWCASE THE INVESTMENT CASTING PROCESS OR SOLVE CUSTOMER PROBLEMS. THE PURPOSE OF THE CONTEST IS TO PROMOTE THE INVESTMENT CASTING PROCESS AND RECOGNIZE INNOVATION AND LEADERSHIP IN THE INDUSTRY.
  • TRAINING PROGRAMS IN 2025: THE INSTITUTE SPONSORED THE FOLLOWING TRAINING COURSES.THE INDUSTRY CERTIFICATION COURSE WAS OFFERED AS AN IN-PERSON EVENT IN 2025: THE INDUSTRY CERTIFICATION PROGRAM PROVIDES A WEEK OF INTENSIVE TRAINING INCLUDING CLASSROOM AND LABORATORY WORK. THIS PROGRAM IS OPEN TO EMPLOYEES OF ALL INSTITUTE MEMBERS AS WELL AS EMPLOYEES OF MEMBERS OF THE EUROPEAN INVESTMENT CASTERS' FEDERATION.THE PROCESS CONTROL SEMINAR WAS OFFERED AS AN IN-PERSON EVENT IN 2025: THE PROCESS CONTROL SEMINAR FOR INVESTMENT CASTING, INVOLVES TWO AND A HALF DAYS OF LECTURE AND WORKSHOP. THIS SEMINAR IS OPEN TO EMPLOYEES OF ALL INSTITUTE MEMBERS AS WELL AS EMPLOYEES OF MEMBERS OF THE EUROPEAN INVESTMENT CASTERS' FEDERATION. THE INSTITUTE SPONSORED TWELVE (12) WEBINARS THROUGHOUT 2025 ON EDUCATIONAL TOPICS RANGING FROM BUSINESS ACUMEN IMPROVEMENT TO SPECIFIC TECHNICAL TRAINING.
  • SPRING MANAGEMENT MEETING HAS BEEN REBRANDED AS THE "BUSINESS AND LEADERSHIP DEVELOPMENT CONFERENCE" THE EVENT WAS CANCELLED IN 2025: ANNUAL MEETING WHICH ADDRESSES THE MANAGEMENT CONCERNS OF INSTITUTE MEMBER COMPANIES. TOPICS RANGING FROM PERSONNEL ISSUES TO LABOR LAW AND THE ECONOMIC TO THE MARKET FOR INVESTMENT CASTINGS ARE INCLUDED IN THIS ANNUAL EVENT. ANNUAL GENERAL MEETING WAS HELD AT TECHNICAL CONFERENCE AND EXPO IN SUBSTITUTION.
  • ADDITIVE MANUFACTURING FOR INVESTMENT CASTING (AM4IC) SYMPOSIUM WAS OFFERED AS AN IN-PERSON EVENT IN 2025: THE AM4IC IS AN EDUCATIONAL SYMPOSIUM DESIGNED TO ADVANCE THE USE OF ADDITIVE MANUFACTURING IN THE INVESTMENT CASTING COMMUNITY. THIS TWO-DAY EVENT IS OPEN TO THE ENTIRE INDUSTRY REGARDLESS OF ASSOCIATION MEMBERSHIP, AND IS COMPRISED OF PRACTICAL MATERIALS PRESENTED BY FOUNDRIES AND INDUSTRY SUPPLIERS DETAILING SUCCESS STORIES, OVERCOMING CHALLENGES AND THE ROLE AM HAS PLAYED IN PROMOTING SUPPLY CHAIN RESILIENCE. THIS PROGRAM IS DESIGNED FOR AND IDEALLY SUITED TO ADVANCE THE INTEREST OF INVESTMENT CASTING SUPPLIERS, FOUNDRIES, BUYERS, USERS, DESIGNERS, AND SUPPLY CHAIN MANAGERS. KEY TOPICS INCLUDE THE ROLE AM HAS PLAYED IN MANUFACTURE OF COMPLEX GEOMETRIES, MEETING CUSTOMER REQUIREMENTS, BOTH SHORT AND LONG TERM AND ADVANCEMENT OF THE INDUSTRY.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7087832
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,743,559
Income (IRS master file)
$2,308,478

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,308,478$2,396,210$1,743,559IRS
990December 2024$2,334,332$2,288,486$2,018,300IRS
990December 2023$1,542,646$1,546,332$1,553,547XML
990December 2022$1,511,176$1,561,137$1,572,753IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7087832).

Questions about INVESTMENT CASTING INSTITUTE

What is the EIN of INVESTMENT CASTING INSTITUTE?
The employer identification number (EIN) of INVESTMENT CASTING INSTITUTE is 23-7087832.
Is INVESTMENT CASTING INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1997.
Are donations to INVESTMENT CASTING INSTITUTE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does INVESTMENT CASTING INSTITUTE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INVESTMENT CASTING INSTITUTE due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INVESTMENT CASTING INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of INVESTMENT CASTING INSTITUTE?
The 990 for the year ended December 31, 2025 names TIMOTHY SULLIVAN.
Who are the officers and directors of INVESTMENT CASTING INSTITUTE?
The 990 for the year ended December 31, 2025 lists 16 people; 3 received compensation from the organization, the highest $106,997 (TIMOTHY SULLIVAN, EXECUTIVE DIRECTOR).
How much revenue does INVESTMENT CASTING INSTITUTE have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,308,478, expenses of $2,396,210 and total assets of $1,743,559 at year end.

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