Skip to main content
Filing year 2024

HOBART INSTITUTE OF WELDING TECHNOLOGY

Troy, Ohio·EIN 31-6032186·3
Total revenue
$9.9M
Total assets
$28.5M
Total expenses
$9.1M
Reported officers
11
Mission

THE HOBART INSTITUTE OF WELDING TECHNOLOGY IS A NONPROFIT INSTITUTION DEDICATED TO WELDING TRAINING AND EDUCATION EXCELLENCE. HOBART INSTITUTE IS COMMITTED TO HELPING INDIVIDUALS DEVELOP MARKETABLE WELDING SKILLS THROUGH QUALITY TRAINING AT MINIMUM COST. THE INSTITUTE EDUCATES AND TRAINS INDIVIDUALS IN THE USE AND APPLICATION OF WELDING TECHNOLOGIES; DEVELOPS AND DISSEMINATES WELDING TRAINING AND EDUCATIONAL MATERIALS; AND CONDUCTS CERTIFICATION RESEARCH AND QUALIFICATIONS FOR THE WELDING INDUSTRY. HOBART INSTITUTE STRIVES TO DEVELOP NEW AND BETTER WELDING TRAINING METHODS AND TRAINING MATERIALS AND TO MAKE WELDING TRAINING AVAILABLE TO ALL.

Executive compensation

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

$148k
$159k
Vice President
vice president
$148k
$159k
Director of Corp Services
highest compensated employee
$126k
$135k
Treasurer/director of Finance (thru Oct)
officer (unspecified)
$95k
$102k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Down 61%
from 2023

From $376k in 2023 to $148k in 2024.

$376k
2023
$148k
2024
In today's dollarsEst.
Down 62% in real terms$416k to $159k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

HOBART INSTITUTE OF WELDING TECHNOLOGY reported revenue and expenses across 2 filing years.

RevenueExpenses
$10.7M
$9.4M
2023
$9.9M
$9.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Create free account
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.