Association for Iron and Steel Technology
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To advance the technical development, production, processing, and application of iron and steel.
- Income
- $15.6 million
- Spending
- $16.2 million
- Spent on programs
- 91%
- Reserves
- 17.8 months of spending
- Largest source of income
- fees for its services, 95%
- Employees
- 44
- Volunteers
- 0
- Highest pay
- $918,711, secretary/exec. director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 89 out of 100. Higher than 82% of charities in its peer group (community improvement, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 17.8 months of spending.
Debt
16 of 20It owes 23% of what it owns.
Living within its means
8 of 15Spending exceeded income by 4% of income.
Income trend
15 of 15Income rose 5% on the year before.
Spending floor
15 of 1590% of spending went to programs.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 42% of charities in its peer group (community improvement, $10m to $100m).
Independent board
25 of 2526 of 26 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $2.1 million spent. Publications including a monthly journal entitled "Iron & Steel Technology" as well as conference proceedings, technical books and reports, industry directory, statistics, and reprints related to iron and steel.
- $9.0 million spent. Meetings and conferences including fundamental educational courses, advanced symposia, regional forums, technical sessions, and exhibitions related to iron and steel.
- $2.0 million spent. Membership services to provide individual professional and student members with up-to-date industry information including, fundamental training, continuing education, advanced symposia, philanthropic initiatives, regional programming and related news to iron and steel.
- $1.6 million spent. Grants to the AIST Foundation for faculty programs and scholarships to students majoring in engineering and related sciences.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2004.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.