Mission
COLLECT, CHARACTERIZE, AND COMMUNICATE TO FMSI MEMBERS THE VEHICLE MANUFACTURER OE SERVICE PRODUCT AND INCLUDE THIS IN THE FMSI'S STANDARDIZED PART NUMBERING SYSTEM
Public Charity
FRICTION MATERIALS STANDARDS INSTITUTE INC
FRICTION MATERIALS STANDARDS INSTITUTE INC is a nonprofit organization categorized as Public Charity based in AUBURN HILLS, MI. Its most recent IRS filing (2024) reports revenue of $739K, expenses of $771K, total assets of $929K.
EIN: 131606491
AUBURN HILLS, MI
Engineering & Technology
NTEE: U40
Latest filing: 2024
Total Revenue$739K
Total Expenses$771K
Total Assets$929K
Grant Records0
Filing Years2020–2024
Where $100 goes at Friction Materials Standards Institute Inc
How Friction Materials Standards Institute Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$45
Programs
the work itself
$55
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $45 for programs
$45
The institute is an association of manufacturers of automotive friction materials primarily for brake linings and clutch facings
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
DIRECTOR
Earl Gesch
DIRECTOR
Enrique Orozco
PRESIDENT
Frank Oliveto
DIRECTOR/SECOND VICE CHAIR
Greg Vyletel
DIRECTOR/VICE CHAIRMAN
Jason Lang
DIRECTOR
Mark Phipps
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $739K | $771K | $929K |
| 2023 | $618K | $705K | $947K |
| 2022 | $576K | $638K | $1.1M |
| 2021 | $522K | $598K | $1.0M |
| 2020 | $659K | $501K | $1.1M |
Between 2020 and 2024, reported annual revenue grew from $659K to $739K (+12%), with total assets most recently reported at $929K.
Interactive year-over-year charts and full filing details available with membership.