Refrigerating Engineers & Technici
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Refrigerating Engineers & Technici is a 501(c)(6) organization based in Albany, Oregon, registered in 1968, with $4,320,332 in FY2024 revenue. CharityIndex grades it B.
1725 Ferry St Sw, Albany, OR, 97322 EIN 95-2247299 Since 1968
Revenue (FY2024)
$4.3M
▲ 13.7% vs prior year
Expenses (FY2024)
$3.5M
Net assets
$5.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Refrigerating Engineers & Technici— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating18 mo reserves · +19% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Refrigerating Engineers & Technici: 18 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Refrigerating Engineers & Technici— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Refrigerating Engineers & Technici: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $2.3M (FY2013) to $4.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $802KNet assets $5.2M
Operating margin
19.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.0M
Total liabilities
$802K
Net assets
$5.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,320,332▲13.7% | $3,483,033▲3.4% | $5,236,200▲19.0% | $6,038,067▲15.0% | 990 |
| 2023 | $3,798,324▲1.3% | $3,367,779▲29.5% | $4,398,901▲10.8% | $5,249,894▲3.6% | 990 |
| 2022 | $3,748,782▲25.6% | $2,600,984▲7.2% | $3,968,356▲40.7% | $5,065,331▲22.0% | 990 |
| 2021 | $2,984,276▲50.4% | $2,425,211▲46.8% | $2,820,558▲24.7% | $4,151,388▲21.8% | 990 |
| 2020 | $1,984,697▼35.4% | $1,652,028▼41.0% | $2,261,493▲17.2% | $3,409,099▲6.8% | 990 |
| 2019 | $3,071,073▲6.8% | $2,799,145▲0.7% | $1,928,824▲16.4% | $3,191,824▲14.7% | 990 |
| 2018 | $2,875,781▼1.7% | $2,778,628▲18.7% | $1,656,896▼5.6% | $2,783,768▲41.9% | 990 |
| 2017 | $2,926,453▼2.2% | $2,341,222▼21.5% | $1,754,405▲50.1% | $1,961,552▲42.3% | 990 |
| 2016 | $2,992,741▲18.8% | $2,983,777▲24.4% | $1,169,174▲0.8% | $1,378,541▲1.3% | 990 |
| 2015 | $2,519,825▲8.9% | $2,398,510▼0.3% | $1,160,210▲11.7% | $1,360,270▼3.6% | 990 |
| 2014 | $2,313,416▼0.8% | $2,406,527▲14.4% | $1,038,895▼8.2% | $1,411,224▼3.0% | 990 |
| 2013 | $2,331,749 | $2,104,346▼0.1% | $1,132,006▲25.1% | $1,454,259▲18.1% | 990 |
| 2012 | — | $2,105,882▲37.8% | $904,603▼0.1% | $1,231,679▲5.9% | 990 |
| 2011 | — | $1,528,508 | $905,252 | $1,163,455 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Refrigerating Engineers & Technici a legitimate nonprofit?
- Yes. Refrigerating Engineers & Technici is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 95-2247299, based in Albany, Oregon.
- What is Refrigerating Engineers & Technici's EIN?
- Refrigerating Engineers & Technici's Employer Identification Number (EIN) is 95-2247299.
- How much revenue does Refrigerating Engineers & Technici report?
- Refrigerating Engineers & Technici reported $4,320,332 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Refrigerating Engineers & Technici have?
- CharityIndex grades Refrigerating Engineers & Technici B, based on financial health (reserves and operating margin).
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Data for Refrigerating Engineers & Technici (EIN 95-2247299) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.