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Nonprofit · EIN 95-6092523

INSTITUTE OF HEATING & AIR CONDITIONING INDUSTRIES INC

Tax-exempt · GLENDALE, CA 91204

Financials

$2.5M$2.4M2023$1.9M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of INSTITUTE OF HEATING & AIR CONDITIONING INDUSTRIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,921,164$2,419,640-$498,476$5,133,020$61,427$5,071,593
December 31, 2023990$2,542,945$2,411,074$131,871$5,507,907$83,314$5,424,593
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,705,422
Investment income
$202,359
Net gain from sales of assets
$21,847
Net income from fundraising events
$13,383
Other revenue
$13,383

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$252,150
Other salaries and wages
$299,294
Salaries, compensation and benefits (total)
$592,733
Professional fundraising fees
$0
Accounting fees
$37,503
Occupancy
$8,293
Travel
$2,674
Depreciation
$32,190
Program services (functional)
$2,239,653
Management and general (functional)
$155,780
Fundraising (functional)
$24,207

Balance sheet and other

Total assets, start of year
$5,507,907
Total assets, end of year
$5,133,020
Total liabilities, end of year
$61,427
Net assets, end of year
$5,071,593
Land, buildings and equipment
$407,098
Publicly traded securities
$3,968,619
Net assets without donor restrictions
$5,071,593
Gross unrelated business income
$601,401
Gross receipts
$2,695,192
Employees
9
Volunteers
12
Year formed
1948
State of legal domicile
CA

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
CARLOS RUIZEXECUTIVE VICE PRESIDENT
Officer
40$252,150
BABAK FIROOZIDIRECTOR
Trustee or director
2$0
BOB WISEMANPRESIDENT
Trustee or director, Officer
2$0
DEAN GILFORDPAST PRESIDENT
Trustee or director
2$0
EUGENE SILBERSTEINDIRECTOR
Trustee or director
2$0
HARVEY BRINGASDIRECTOR
Trustee or director
2$0
MICHAEL HYDEDIRECTOR
Trustee or director
2$0
GREG KHACHEKIANDIRECTOR
Trustee or director
2$0
LAWRENCE CASTILLOVICE PRESIDENT
Trustee or director, Officer
2$0
ISSAC ROMANDIRECTOR
Trustee or director
2$0
MITCH BAILEYSECRETARY/TREASURER
Trustee or director, Officer
2$0
PENNY YONAN PADGETTDIRECTOR
Trustee or director
2$0
STEVE CLINTONDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
CARLOS RUIZEXECUTIVE DIRECTOR
Officer
40$252,150
STEVE ADAMSVICE PRESIDENT
Trustee or director, Officer
2$0
JIM BATTSDIRECTOR
Trustee or director
2$0
BOB WISEMANSECRETARY/TREASURER
Trustee or director, Officer
2$0
PENNY YONAN PADGETTDIRECTOR
Trustee or director
2$0
DEAN GILFORDPRESIDENT
Trustee or director, Officer
2$0
STEVE CLINTONDIRECTOR
Trustee or director
2$0
MITCH MAILEYDIRECTOR
Trustee or director
2$0
JEB BALLDIRECTOR
Trustee or director
2$0
HARVEY BRINGASDIRECTOR
Trustee or director
2$0
LAWRENCE CASTILLODIRECTOR
Trustee or director
2$0
TYLER KEENEDIRECTOR
Trustee or director
2$0
LYMAN LOCKWOODDIRECTOR
Trustee or director
2$0
EUGENE SILBERSTEINDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
454 W BROADWAY, GLENDALE, CA 91204-1209
Principal officer (990 for 2024)
CARLOS RUIZ, 454 W BROADWAY, GLENDALE, CA 91204
Signed the 990
CARLOS RUIZ, EXECUTIVE VICE PRESIDENT
Phone
(818) 551-1555
Return prepared by
MACIAS GINI & O'CONNELL LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 95-6092523 or by the name INSTITUTE OF HEATING & AIR CONDITIONING INDUSTRIES INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

A TRADE ASSOCIATION OF CONTRACTORS, MANUFACTURERS, DISTRIBUTORS, UTILITY FIRMS, AND RELATED BUSINESSES ACTIVELY ENGAGED IN THE HEATING, VENTILATION, AIR CONDITIONING, REFRIGERATION AND SHEET METAL INDUSTRIES DEDICATED TO THE EDUCATION, PROMOTION AND GROWTH OF THE INDUSTRY.

990 for the year ended December 31, 2024

Program accomplishments

  • PUBLICATION: "INDOOR COMFORT NEWS": MONTHLY MAGAZINE WITH ARTICLES OF INTEREST TO ARCHITECTS, CONTRACTORS & OTHERS IN THE HEATING, VENTILATING & AIR CONDITIONING INDUSTRIES
    Expenses $827,068
  • TRADE SHOW: SPONSOR ANNUAL TRADE SHOW IN SOUTHERN CALIFORNIA AT WHICH ORGANIZATIONS RANGING FROM THE EPA TO MANUFACTURERS CAN DEMONSTRATE NEW PRODUCTS AND SHOW EQUIPMENT
    Expenses $309,590 · revenue $315,828
  • EDUCATION: OFFERS EDUCATIONAL AND LICENSING PROGRAMS. AMONG OTHERS IS ON THAT MEETS THE STATE REGULATION THAT ALL PROFESSIONALS WORKING WITH REFRIGERATORS BE CERTIFIED.
    Expenses $1,001,470 · revenue $693,338
  • MEMBERSHIPS: OVER 700 MEMBERS INCLUDE CONTRACTORS, MANUFACTURERS, DISTRIBUTORS AND UTILITY COMPANIES. MEMBERS MAY TAKE ADVANTAGE OF ADVISORY CONSULTANTS AND EDUCATION PROGRAMS.
    Expenses $101,525 · revenue $94,855

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
95-6092523
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1958
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,133,020
Income (IRS master file)
$2,695,192

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,921,164$2,419,640$5,133,020IRS
990December 2023$2,542,945$2,411,074$5,507,907XML
990December 2022$2,173,831$2,273,867$5,425,162IRS
990December 2021–––IRS
990December 2020–––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 95-6092523).

Questions about INSTITUTE OF HEATING & AIR CONDITIONING INDUSTRIES INC

What is the EIN of INSTITUTE OF HEATING & AIR CONDITIONING INDUSTRIES INC?
The employer identification number (EIN) of INSTITUTE OF HEATING & AIR CONDITIONING INDUSTRIES INC is 95-6092523.
Is INSTITUTE OF HEATING & AIR CONDITIONING INDUSTRIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1958.
Are donations to INSTITUTE OF HEATING & AIR CONDITIONING INDUSTRIES INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does INSTITUTE OF HEATING & AIR CONDITIONING INDUSTRIES INC 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 INSTITUTE OF HEATING & AIR CONDITIONING INDUSTRIES INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INSTITUTE OF HEATING & AIR CONDITIONING INDUSTRIES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of INSTITUTE OF HEATING & AIR CONDITIONING INDUSTRIES INC?
The 990 for the year ended December 31, 2024 names CARLOS RUIZ.
Who are the officers and directors of INSTITUTE OF HEATING & AIR CONDITIONING INDUSTRIES INC?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $252,150 (CARLOS RUIZ, EXECUTIVE VICE PRESIDENT).
How much revenue does INSTITUTE OF HEATING & AIR CONDITIONING INDUSTRIES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,921,164, expenses of $2,419,640 and total assets of $5,133,020 at year end.

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