Nonprofit · EIN 31-6032186
HOBART INSTITUTE OF WELDING TECHNOLOGY
Tax-exempt · TROY, OH 45373
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $10,986,689 | $10,527,106 | $459,583 | $30,136,152 | $1,587,651 | $28,548,501 |
| December 31, 2024 | 990 | $9,881,312 | $9,060,338 | $820,974 | $28,515,669 | $1,797,174 | $26,718,495 |
| December 31, 2023 | 990 | $10,693,427 | $9,397,301 | $1,296,126 | $26,345,317 | $1,569,691 | $24,775,626 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $25,326
- Program service revenue
- $8,949,928
- Investment income
- $787,732
- Royalties
- $2,170
- Net rental income
- $269,664
- Net gain from sales of assets
- $312,267
- Net income from sales of inventory
- $936,925
- Other revenue
- $1,223,703
Expenses
- Grants and similar amounts paid
- $75,466
- Compensation of officers, directors and key employees
- $381,377
- Other salaries and wages
- $3,780,240
- Salaries, compensation and benefits (total)
- $5,417,812
- Professional fundraising fees
- $0
- Legal fees
- $84,254
- Accounting fees
- $290,965
- Occupancy
- $406,633
- Travel
- $85,487
- Depreciation
- $1,194,910
- Program services (functional)
- $7,880,747
- Management and general (functional)
- $2,646,359
Balance sheet and other
- Total assets, start of year
- $28,515,669
- Total assets, end of year
- $30,136,152
- Total liabilities, end of year
- $1,587,651
- Net assets, end of year
- $28,548,501
- Land, buildings and equipment
- $9,103,104
- Publicly traded securities
- $15,409,263
- Net assets without donor restrictions
- $28,434,443
- Net assets with donor restrictions
- $114,058
- Gross receipts
- $12,362,113
- Employees
- 68
- Volunteers
- 5
- Year formed
- 1930
- State of legal domicile
- OH
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHARLES CARPENTER | VICE PRESIDENT Trustee or director, Officer | 45 | $142,037 | $30,451 |
| TOM FUNDERBURG | PRESIDENT Trustee or director, Officer | 45 | $149,135 | $0 |
| CHAD SCHMELZER | BUSINESS DEVELOPMENT REPRESENTATIVE Highest-paid employee | 45 | $141,491 | $6,308 |
| AUSTIN LEFELD | TREASURER/FINANCE MANAGER (BEG. JUN.) Trustee or director, Officer | 45 | $54,251 | $5,502 |
| CHARLIE RIBARDO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAM BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE STAUB | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD CULTICE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL TECKLENBURG | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TOM FUNDERBURG | PRESIDENT Trustee or director, Officer | 45 | $148,269 | $0 |
| CHARLES CARPENTER | VICE PRESIDENT Trustee or director, Officer | 45 | $123,149 | $25,015 |
| CHAD SCHMELZER | DIRECTOR OF CORP SERVICES Highest-paid employee | 45 | $121,635 | $4,273 |
| TRACY BRAGG | TREASURER/DIRECTOR OF FINANCE (THRU OCT) Trustee or director, Officer | 45 | $86,046 | $8,688 |
| CHARLIE RIBARDO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEVIN GARMAN | DIRECTOR (THRU NOV) Trustee or director | 1 | $0 | $0 |
| SAM BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE STAUB | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE REDDING | DIRECTOR (THRU NOV) Trustee or director | 1 | $0 | $0 |
| RICHARD CULTICE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL TECKLENBURG | DIRECTOR (STARTING IN MAY) Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SCOTT MAZZULLA | PRESIDENT (JAN-OCT) Trustee or director, Officer | 45 | $349,069 | $27,108 |
| CHARLES CARPENTER | DIRECTOR OF SKILL EDUCATION Highest-paid employee | 45 | $155,241 | $25,244 |
| RUTH CLARK | TREASURER (JAN-MAY) Trustee or director, Officer | 45 | $126,543 | $13,043 |
| CHAD SCHMELZER | DIRECTOR OF CORP SERVICES Highest-paid employee | 45 | $112,809 | $4,504 |
| TRACY BRAGG | TREASURER/DIRECTOR OF FINANCE Trustee or director, Officer | 45 | $106,982 | $5,370 |
| TOM FUNDERBURG | PRESIDENT (NOV-DEC) Trustee or director, Officer | 45 | $11,538 | $0 |
| CHARLIE RIBARDO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEVIN GARMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAM BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE STAUB | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE REDDING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD CULTICE | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 400 TRADE SQ E, TROY, OH 45373-2463
- Principal officer (990 for 2025)
- AUSTIN LEFELD, 400 TRADE SQUARE EAST, TROY, OH 45373
- Signed the 990
- AUSTIN LEFELD, FINANCE MANAGER/TREASURER
- Phone
- (800) 332-9448
- Website
- WWW.WELDING.ORG
- Return prepared by
- CLARK SCHAEFER HACKETT & CO
Mission
HOBART INSTITUTE OF WELDING TECHNOLOGY PROVIDES WELDING EDUCATION AND TRAINING RESOURCES, DEVELOPING HIGHLY SKILLED WELDING PROFESSIONALS WORLDWIDE.
Program accomplishments
- THE HOBART INSTITUTE OF WELDING TECHNOLOGY IS A NONPROFIT INSTITUTION DEDICATED TO WELDING TRAINING AND EDUCATION EXCELLENCE. HOBART INSTITUTE IS COMMITTED TO HELPING INDIVIDUALS DEVELOP MARKETABLE WELDING SKILLS THROUGH QUALITY TRAINING AT MINIMUM COST. THE INSTITUTE EDUCATES AND TRAINS INDIVIDUALS IN THE USE AND APPLICATION OF WELDING TECHNOLOGIES; DEVELOPS AND DISSEMINATES WELDING TRAINING AND EDUCATIONAL MATERIALS; AND CONDUCTS CERTIFICATION RESEARCH AND QUALIFICATIONS FOR THE WELDING INDUSTRY. HOBART INSTITUTE STRIVES TO DEVELOP NEW AND BETTER WELDING TRAINING METHODS AND TRAINING MATERIALS AND TO MAKE WELDING TRAINING AVAILABLE TO ALL.Expenses $7,880,747 · grants $75,466 · revenue $9,934,519
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-6032186
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1940
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $30,136,152
- Income (IRS master file)
- $12,362,113
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $10,986,689 | $10,527,106 | $30,136,152 | XML |
| 990 | December 2024 | $9,881,312 | $9,060,338 | $28,515,669 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $10,693,427 | $9,397,301 | $26,345,317 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $10,377,174 | $9,112,806 | $24,037,388 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 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 31-6032186).
Questions about HOBART INSTITUTE OF WELDING TECHNOLOGY
- What is the EIN of HOBART INSTITUTE OF WELDING TECHNOLOGY?
- The employer identification number (EIN) of HOBART INSTITUTE OF WELDING TECHNOLOGY is 31-6032186.
- Is HOBART INSTITUTE OF WELDING TECHNOLOGY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1940.
- Are donations to HOBART INSTITUTE OF WELDING TECHNOLOGY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOBART INSTITUTE OF WELDING TECHNOLOGY 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 HOBART INSTITUTE OF WELDING TECHNOLOGY 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 HOBART INSTITUTE OF WELDING TECHNOLOGY 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 HOBART INSTITUTE OF WELDING TECHNOLOGY?
- The 990 for the year ended December 31, 2025 names AUSTIN LEFELD.
- Who are the officers and directors of HOBART INSTITUTE OF WELDING TECHNOLOGY?
- The 990 for the year ended December 31, 2025 lists 9 people; 4 received compensation from the organization, the highest $142,037 (CHARLES CARPENTER, VICE PRESIDENT).
- How much revenue does HOBART INSTITUTE OF WELDING TECHNOLOGY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $10,986,689, expenses of $10,527,106 and total assets of $30,136,152 at year end.
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