Public Charity

RACK MANUFACTURERS INSTITUTE

RACK MANUFACTURERS INSTITUTE is a Public Charity headquartered in CHARLOTTE, NC. Financial data from the 2024 filing: $323K revenue, $263K expenses, $970K total assets. IRS filings disclose 6 grants awarded by this foundation, totaling roughly $135K.

EIN: 251124213 CHARLOTTE, NC Latest filing: 2024
Total Revenue$323K
Total Expenses$263K
Total Assets$970K
Grants Given6
Grant Total$135K
Filing Years2020–2024

Mission

RMI promotes the safe design and use of industrial storage racks through research testing preparation of specifications and guidelines educational programming and meetings.

Sample Grants Given

Charlotte, NC · 2024
University Scholarship Program
$31,500
Boone, IA · 2024
Hurricane Helene Disaster Relief
$10,000
Charlotte, NC · 2023
University Scholarship Program
$24,770
Charlotte, NC · 2022
University Scholarship Program
$24,046
Charlotte, NC · 2021
University Scholarship Program
$27,650

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

Treasurer and Managing Executive Anna Teter
Vice President John Schmidt
President Paul Neal
Secretary Tommy Sinclair

Officer compensation and complete director data available with membership.

Top Grant Purposes

University Scholarship Program
$107,966 4 grants
University scholarship program
$16,636 1 grant
Hurricane Helene Disaster Relief
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $323K $263K $970K
2023 $261K $222K $1.0M
2022 $330K $246K $835K
2021 $389K $205K $764K
2020 $325K $161K $577K

Between 2020 and 2024, reported annual revenue held roughly steady at around $323K, with total assets most recently reported at $970K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in IA, NC.

IANC

Full geographic grant map with state-by-state breakdown available with membership.

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