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International Precious Metals Institute Inc

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Category: Community Improvement, Capacity Building / Business and Industry (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$1.36M (2023)

Expenses
$954k (2023)

Total Assets
$1.31M (2023)

Total Liabilities
$233k (2023)

Source: Form 990 tax filings from 2019 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,355,642
Expenses
$954,373
Net Income
$401,269
Net Assets
$1,076,153
Notable Sources of Revenue Percent of Total Revenue
Contributions $21,864
1.6%
Program Services $1,089,160
80.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $244,618
18.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $188,750
19.8%
Professional Fundraising Fees $0
Other Salaries and Wages $82,158
8.6%
Assets/Debt
Total Assets $1,309,179
Total Liabilities $233,026
Net Assets $1,076,153
Compensation
Key Employees and Officers Compensation Related Other
Larry Drummond (Executive Director) $188,750 $0 $0
Becky Berube (Board Member) $0 $0 $0
Chris Bone (Board Member) $0 $0 $0
Cj Sapre (Board Member) $0 $0 $0
Dave Deuel (Treasurer) $0 $0 $0
Edgar Smith (Board Member) $0 $0 $0
Hitoshi Kosai (Board Member) $0 $0 $0
John Dourekas (Marketing Officer) $0 $0 $0
Jonathan Butler (Vice President) $0 $0 $0
Joshua Husvar (Board Member) $0 $0 $0
Lars White (Board Member) $0 $0 $0
Maria Piastre (Board Member) $0 $0 $0
Mark Caffarey (President (Until June 2023)) $0 $0 $0
Miguel Perez Santalla (Board Member) $0 $0 $0
Mike Mikolay (Board Member) $0 $0 $0
Mike Troxell (Board Member) $0 $0 $0
Mitch Coughlin (Board Member) $0 $0 $0
Monica Mellas (Board Member) $0 $0 $0
Oliver Krestin (Board Member) $0 $0 $0
Philip Newman (Board Member) $0 $0 $0
Robyn Sprott (Board Member) $0 $0 $0
Sam Mccourt (Board Member) $0 $0 $0
Sam Sabin (Board Member) $0 $0 $0
Scott Schwartz (Compliance Officer) $0 $0 $0
Simon Codrington (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,205,507
Expenses
$755,801
Net Income
$449,706
Net Assets
$674,884
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,301
2.5%
Program Services $1,018,378
84.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $156,828
13.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $164,050
21.7%
Professional Fundraising Fees $0
Other Salaries and Wages $67,540
8.9%
Assets/Debt
Total Assets $1,172,961
Total Liabilities $498,077
Net Assets $674,884
Compensation
Key Employees and Officers Compensation Related Other
Larry Drummond (Executive Director) $164,050 $0 $0
Becky Berube (Board Member) $0 $0 $0
Benjamin Van Kerkwijk Ended Dec 202 (Board Member) $0 $0 $0
Brad Cook Ended June 2022 (Board Member) $0 $0 $0
Chris Bone (Board Member) $0 $0 $0
Cj Sapre (Board Member) $0 $0 $0
Dave Deuel (Treasurer) $0 $0 $0
David Dorris Ended June 2022 (Board Member) $0 $0 $0
Edgar Smith (Board Member) $0 $0 $0
Hitoshi Kosai (Board Member) $0 $0 $0
Ian Holden Ended January 2022 (Board Member) $0 $0 $0
John Dourekas (Board Member) $0 $0 $0
Jonathan Butler (Secretary) $0 $0 $0
Joshua Husvar (Board Member) $0 $0 $0
Lars White (Board Member) $0 $0 $0
Maria Piastre (Board Member) $0 $0 $0
Mark Caffarey (Vice President) $0 $0 $0
Miguel Perez Santalla (President (Until June 2022)) $0 $0 $0
Mike Mikolay (Board Member) $0 $0 $0
Mike Troxell (Board Member) $0 $0 $0
Mitch Coughlin (Board Member) $0 $0 $0
Monica Mellas (Board Member) $0 $0 $0
Oliver Krestin (Board Member) $0 $0 $0
Philip Newman (Board Member) $0 $0 $0
Robert Bullen Smith Ended (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$836,026
Expenses
$676,571
Net Income
$159,455
Net Assets
$225,178
Notable Sources of Revenue Percent of Total Revenue
Contributions $48,335
5.8%
Program Services $651,084
77.9%
Investment Income $8
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $136,599
16.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $143,350
21.2%
Professional Fundraising Fees $0
Other Salaries and Wages $97,908
14.5%
Assets/Debt
Total Assets $560,495
Total Liabilities $335,317
Net Assets $225,178
Compensation
Key Employees and Officers Compensation Related Other
Larry Drummond (Executive Director) $143,350 $0 $0
Oliver Krestin (President) $0 $0 $0
Becky Berube (Vice President) $0 $0 $0
Miguel Perez Santalla (Secretary) $0 $0 $0
Simon Codrington (Board Member) $0 $0 $0
Zachary Henneman (Board Member) $0 $0 $0
Ian Holden (Board Member) $0 $0 $0
Joshua Husvar (Board Member) $0 $0 $0
Scott Schwartz (Board Member) $0 $0 $0
Mike Troxell (Board Member) $0 $0 $0
Mark Caffarey (Board Member) $0 $0 $0
Jonathan Butler (Board Member) $0 $0 $0
Robert Bullen Smith (Board Member) $0 $0 $0
Brad Cook (Board Member) $0 $0 $0
Steve Crogan (Board Member) $0 $0 $0
Mitch Coughlin (Board Member) $0 $0 $0
John Dourekas (Board Member) $0 $0 $0
Theo Keuter (Board Member) $0 $0 $0
Hitoshi Kosai (Board Member) $0 $0 $0
Zbigniew Milkiewicz (Board Member) $0 $0 $0
Steven Scacalossi (Board Member) $0 $0 $0
Robyn Sprott (Board Member) $0 $0 $0
Edgar Smith (Board Member) $0 $0 $0
Benjamin Van Kerkwijk (Board Member) $0 $0 $0
David Dorris (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$780,059
Expenses
$854,278
Net Income
-$74,219
Net Assets
$65,723
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $711,820
91.3%
Investment Income $6
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $68,233
8.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $129,600
15.2%
Professional Fundraising Fees $0
Other Salaries and Wages $139,842
16.4%
Assets/Debt
Total Assets $295,856
Total Liabilities $230,133
Net Assets $65,723
Compensation
Key Employees and Officers Compensation Related Other
Larry Drummond (Executive Director) $129,600 $0 $0
Oliver Krestin (President) $0 $0 $0
Becky Berube (Vice President) $0 $0 $0
Miguel Perez Santalla (Secretary) $0 $0 $0
Simon Codrington (Board Member) $0 $0 $0
Zachary Henneman (Board Member) $0 $0 $0
Ian Holden (Board Member) $0 $0 $0
Joshua Husvar (Board Member) $0 $0 $0
Scott Schwartz (Board Member) $0 $0 $0
Mike Troxell (Board Member) $0 $0 $0
Mark Caffarey (Board Member) $0 $0 $0
Jonathan Butler (Board Member) $0 $0 $0
Robert Bullen Smith (Board Member) $0 $0 $0
Brad Cook (Board Member) $0 $0 $0
Steve Crogan (Board Member) $0 $0 $0
Mitch Coughlin (Board Member) $0 $0 $0
John Dourekas (Board Member) $0 $0 $0
Theo Keuter (Board Member) $0 $0 $0
Hitoshi Kosai (Board Member) $0 $0 $0
Zbigniew Milkiewicz (Board Member) $0 $0 $0
Steven Scacalossi (Board Member) $0 $0 $0
Robyn Sprott (Board Member) $0 $0 $0
Edgar Smith (Board Member) $0 $0 $0
Benjamin Van Kerkwijk (Board Member) $0 $0 $0
David Dorris (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,001,673
Expenses
$861,731
Net Income
$139,942
Net Assets
$139,942
Notable Sources of Revenue Percent of Total Revenue
Contributions $69,202
6.9%
Program Services $932,471
93.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $280,572
Total Liabilities $140,630
Net Assets $139,942

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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