Civic Intelligence

Institute of Gas Technology

EIN 36-2170137 • 501(c)3 • Des Plaines, IL

Profile

Gti energy solves important energy challenges worldwide, turning technology and insights into solutions that create exceptional value for our customers.

1700 S Mount Prospect RoadDes Plaines, IL 60018-1804

www.gti.energy

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.39x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

55th percentile

0.50x

Higher debt load relative to revenue than 55% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

54th percentile

5.7%

Higher net margin than 54% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

85th percentile

$1,236,647

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

42nd percentile

4.2%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

5.3%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$157,719,871

Up $6,330,184 (+4.2%) from 2023

Liabilities

Down

$61,595,764

Down $1,177,471 (-1.9%) from 2023

Net Assets

Up

$96,124,107

Up $7,507,655 (+8.5%) from 2023

Revenue

Up

$124,247,894

Up $6,266,824 (+5.3%) from 2023

Expenses

Down

$117,201,238

Down $14,082 (-0.0%) from 2023

Net Income

Up

$7,046,656

Up $6,280,906 (+820%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200M$150M$100M$50M$0Assets 2010: $92,531,175Liabilities 2010: $24,874,010Net Assets 2010: $67,657,1652010Assets 2011: $88,792,208Liabilities 2011: $28,192,971Net Assets 2011: $60,599,2372011Assets 2012: $90,120,495Liabilities 2012: $26,740,442Net Assets 2012: $63,380,0532012Assets 2013: $102,229,317Liabilities 2013: $27,420,884Net Assets 2013: $74,808,4332013Assets 2014: $99,710,317Liabilities 2014: $27,926,174Net Assets 2014: $71,784,1432014Assets 2015: $109,844,404Liabilities 2015: $35,330,952Net Assets 2015: $74,513,4522015Assets 2016: $114,411,783Liabilities 2016: $36,000,548Net Assets 2016: $78,411,2352016Assets 2017: $131,431,392Liabilities 2017: $39,803,363Net Assets 2017: $91,628,0292017Assets 2018: $126,679,676Liabilities 2018: $42,007,878Net Assets 2018: $84,671,7982018Assets 2019: $146,392,354Liabilities 2019: $47,063,923Net Assets 2019: $99,328,4312019Assets 2020: $148,708,489Liabilities 2020: $50,056,020Net Assets 2020: $98,652,4692020Assets 2021: $157,058,271Liabilities 2021: $55,260,916Net Assets 2021: $101,797,3552021Assets 2022: $146,565,519Liabilities 2022: $62,657,733Net Assets 2022: $83,907,7862022Assets 2023: $151,389,687Liabilities 2023: $62,773,235Net Assets 2023: $88,616,4522023Assets 2024: $157,719,871Liabilities 2024: $61,595,764Net Assets 2024: $96,124,1072024

Highlighted filing

2024

Assets$157,719,871
Liabilities$61,595,764
Net Assets$96,124,107

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150M$100M$50M$0-$50MExpenses 2010: $64,298,5902010Expenses 2011: $68,871,1062011Expenses 2012: $59,215,4712012Revenue 2013: $68,908,975Expenses 2013: $61,489,364Net Income 2013: $7,419,6112013Revenue 2014: $56,752,649Expenses 2014: $58,134,093Net Income 2014: -$1,381,4442014Revenue 2015: $71,812,251Expenses 2015: $63,581,054Net Income 2015: $8,231,1972015Revenue 2016: $90,035,758Expenses 2016: $85,127,991Net Income 2016: $4,907,7672016Revenue 2017: $79,928,130Expenses 2017: $68,821,115Net Income 2017: $11,107,0152017Revenue 2018: $104,775,685Expenses 2018: $106,613,335Net Income 2018: -$1,837,6502018Revenue 2019: $133,243,466Expenses 2019: $130,877,670Net Income 2019: $2,365,7962019Revenue 2020: $96,238,152Expenses 2020: $103,085,037Net Income 2020: -$6,846,8852020Revenue 2021: $107,541,251Expenses 2021: $107,706,663Net Income 2021: -$165,4122021Revenue 2022: $112,325,761Expenses 2022: $119,493,329Net Income 2022: -$7,167,5682022Revenue 2023: $117,981,070Expenses 2023: $117,215,320Net Income 2023: $765,7502023Revenue 2024: $124,247,894Expenses 2024: $117,201,238Net Income 2024: $7,046,6562024

Highlighted filing

2024

Revenue$124,247,894
Expenses$117,201,238
Net Income$7,046,656

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$158$61.6$96.1$124$117$7.05
2023Detailed filing. Detailed filing data is available for this year.$151$62.8$88.6$118$117$0.77
2022Detailed filing. Detailed filing data is available for this year.$147$62.7$83.9$112$119$7.17
2021Detailed filing. Detailed filing data is available for this year.$157$55.3$102$108$108$0.17
2020Detailed filing. Detailed filing data is available for this year.$149$50.1$98.7$96.2$103$6.85
2019Detailed filing. Detailed filing data is available for this year.$146$47.1$99.3$133$131$2.37
2018Detailed filing. Detailed filing data is available for this year.$127$42.0$84.7$105$107$1.84
2017Detailed filing. Detailed filing data is available for this year.$131$39.8$91.6$79.9$68.8$11.1
2016Detailed filing. Detailed filing data is available for this year.$114$36.0$78.4$90.0$85.1$4.91
2015Detailed filing. Detailed filing data is available for this year.$110$35.3$74.5$71.8$63.6$8.23
2014Detailed filing. Detailed filing data is available for this year.$99.7$27.9$71.8$56.8$58.1$1.38
2013Detailed filing. Detailed filing data is available for this year.$102$27.4$74.8$68.9$61.5$7.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$90.1$26.7$63.4$59.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$88.8$28.2$60.6$68.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$92.5$24.9$67.7$64.3
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$142,542,506
Mission and Program Overview

Mission

Gas technology institute is a leading research, development and training organization in natural gas addressing energy and environmental challenges to enable a secure, abundant, and affordable energy future.

Gti energy is where complex energy challenges meet bold solutions. With over 80 years of expertise in energy research, technology development, and business innovation, continued on schedule o

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$63,142,825$63,528,891▲ $386,066
Accounts Receivable$32,068,952$30,673,828▼ $1,395,124
Investments Other Securities$20,972,767$27,807,631▲ $6,834,864
Land, Buildings, and Equipment, Net$9,490,933$9,105,516▼ $385,417
Other Notes and Loans Receivable, Net$6,358,500$6,483,300▲ $124,800
Cash and Non-Interest-Bearing Accounts$1,753,831$1,261,523▼ $492,308
Savings and Temporary Cash Investments$796,096$923,391▲ $127,295
Prepaid Expenses and Deferred Charges$786,309$778,047▼ $8,262
Intangible Assets$2,250,000$750,000▼ $1,500,000
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$151,389,687$157,719,871▲ $6,330,184
Other Assets Total$13,769,474$16,407,744▲ $2,638,270
Liabilities
Accounts Payable and Accrued Expenses$32,880,964$28,281,567▼ $4,599,397
Deferred Revenue$20,206,234$24,737,180▲ $4,530,946
Unsecured Notes Loans Payable$8,500,000$7,500,000▼ $1,000,000
Other Liabilities$1,186,037$1,077,017▼ $109,020
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$62,773,235$61,595,764▼ $1,177,471
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$88,616,452$96,124,107▲ $7,507,655
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$88,616,452$96,124,107▲ $7,507,655
Total Liabilities and Net Assets / Fund Balance$151,389,687$157,719,871▲ $6,330,184

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,831,522$28,777,848$33,609,370
Equipment$2,746,449$11,848,873$14,595,322
Other Land Buildings$494,896$2,674,385$3,169,281
Land$1,032,649-$1,831,068
Other Assets Org$246,152--
Closely Held Equity Interests$27,807,631--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Paula a GantPresident & CEOFT$150,442$181,386$1,236,647
Mr James F IngoldSVP of FINANCE, TREASURER, CFOFT$269,420$408,073$796,959
Mr Quinton B FordSVP, Tech Dev, Gen Counsel, CoFT$488,989$753,590$767,657
Mr Ronald N SnedicSVP, Corporate DevelopmentFT$235,385$425,029$764,449
Mr Donald StevensonVP, Carbon MGMT & ConvFT$227,052$224,924$539,655
Mr Richard KaelinVP, GOVERMENT ServicesFT$154,361$207,951$531,251
Mr Duncan RobinsonVP, CommercializationFT$213,008$282,105$511,204
Mr Jeremy OtahalVP, People & Customer Eng.FT$383,963$101,441$461,989
Ms Kristinemila WileyVP, Low Carbon EnergyFT$268,257$270,018$446,515
Mr Anthony T LindsayMD, InfrastructureFT$349,178$413,367$440,252
Mr Seymour KhalilovMD, Strategy & Bus PlanningFT$244,143$221,190$413,496
Ms Erin BlantonVP, Zero Emissions SystemFT$345,584$50,235$395,819
Mr Paul E GlanvilleSenior DIRECTOR, R&DFT$271,940$221,513$287,564
Mr William W Follett IvProgram Director, SCO2FT$267,123$118,991$214,936
Mr David C CarrollPRESIDENT & CEO - formerFT$348,400$566,626$197,560
Mr Michael a RutkowskiOfficer - FormerFT$181,981$64,273$124,203

Highest Paid Contractors

ContractorServicesLocationCompensation
The SenecaSee Statment200 E CHESTNUT ST, Chicago, IL 60611$1,182,948
Optifuel Systems LLCProduct engineering601 Bay St, Beaufort, SC 22902-5521$607,351
Havtech Service Division LLCSee Statment9505 BERGER RD, Columbia, MD 21046$604,831
Deep Systems LLCIt Network Support3259 BORDER ROAD, Geneva, IL 60134$350,615
Plante Moran PllcAudit Services16060 COLLECTIONS CENTER DR, Chicago, IL 60693$301,628
Revenue and Support

Revenue Composition

Contributions and Grants
$50,288,053
Program Service Revenue
$58,869,580
Investment Income
$5,104,587
Other Revenue
$9,985,674
Change in Net Assets
$7,046,656
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$59,488,129
Other Expenses$57,710,109
Grants and Similar Amounts Paid$3,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$14,777,673$24,693,568-$39,471,241
Fees for Services Other$32,531,118$1,651,321-$34,182,439
Other Employee Benefits$2,629,128$4,919,451-$7,548,579
Current Officers, Directors, Trustees, and Key Employees$512,684$4,631,316-$5,144,000
Office Expenses$3,431,861$983,355-$4,415,216
Pension Plan Contributions$1,479,691$2,594,263-$4,073,954
Occupancy-$3,823,479-$3,823,479
Depreciation Depletion$1,270,078$2,433,492-$3,703,570
Payroll Taxes$1,121,207$2,129,148-$3,250,355
Fees for Services Management-$2,738,735-$2,738,735
Information Technology-$2,169,530-$2,169,530
Travel$1,116,354$922,981-$2,039,335
Insurance-$785,114-$785,114
Interest-$749,201-$749,201
Fees for Services Accounting-$324,304-$324,304
Fees for Service Investment Mgmnt Fees-$303,144-$303,144
Advertising-$302,612-$302,612
Fees for Services Lobbying-$238,406-$238,406
Fees for Services Legal-$191,369-$191,369
Royalties-$166,500-$166,500
Conferences and Meetings$154,124$11,136-$165,260
Grants to Domestic Orgs$3,000--$3,000
All Other Expenses-$-7,000-$-7,000
Other Expenses$3,340,292$-1,263,000-$-1,263,000
Total Functional Expenses$62,367,210$54,834,028$0$117,201,238
International Activity

International Summary

Spending
$199,000

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Program ServicesIndirect Mgmt Activity--$43,000
Europe (Including Iceland and Greenland)Program ServicesScientific Research--$40,000
North AmericaProgram ServicesScientific Research--$30,000
North AmericaProgram ServicesIndirect Mgmt Activity--$27,000
Sub-Saharan AfricaProgram ServicesIndirect Mgmt Activity--$24,000
Middle East and North AfricaProgram ServicesScientific Research--$20,000
East Asia and the PacificProgram ServicesIndirect Mgmt Activity--$7,000
Russia and the Newly Independent StatesProgram ServicesIndirect Mgmt Activity--$3,000
East Asia and the PacificProgram ServicesScientific Research--$3,000
Middle East and North AfricaProgram ServicesIndirect Mgmt Activity--$2,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
253-01 Lt Lease Woodland Hill$329,419
Due to Affiliate$305,927
236-01 St Lease Woodland Hill$179,487
253-02 Lt Lease Agoura Hills$159,759
236-02 St Lease Agoura Hills$102,425
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The directors of the corporation excluding the ex-officio directors shall be divided into three groups, as nearly equal in number as possible. At each annual meeting, successors to the group of director whose terms are ending at such meeting shall be elected for a term expiring at the third annual meeting of the board of directors following such election.

Form 990, Part VI, Section A, Line 7B

CHANGES TO THE ORGANIZATION'S ARTICLES OF INCORPORATION can be done by the board of directors.

Form 990, Part VI, Section B, Line 11B

The senior vice president of finance and accounting reviews the form 990 prior to its distribution to members of the governing body.

Form 990, Part VI, Section B, Line 12C

All gti energy employees are covered by a written conflict of interest policy. Gti energy's employees annually complete a conflict of interest disclosure questionnaire. Conflicts of interest must also be reported immediately by employees. Potential and actual employee conflicts of interest are reviewed by the general counsel. All employees have the obligation to obtain the general counsel's prior written approval for all such activity. The failure to obtain the general counsel's prior written approval may constitute grounds for immediate dismissal with cause. Gti energy has a separate conflict of interest policy for its board of directors and officers. The directors and officers annually complete a conflict of interest questionnaire. Conflicts of interest must also be reported immediately by directors and officers. If a conflict of interest is identified, such conflict of interest is presented to the board's audit committee for remedial action. These actions may range from gti energy waiving the conflict of interst to the conflicted individual's recusal in any business transactions involving gti energy and the conflicted entity or the other interested organization, to requiring the conflicted individaul withdraw from involvement with the other organization, to other actions that assure the conflict of interest, or even the appearance of a conflict of interest may be avoided.

Form 990, Part VI, Section B, Line 15

The positions that were reviewed included the president and ceo, senior vice president of technology development, general counsel and secretary, senior vice president of corporate development, senior vice president of finance and treasurer, vice president of low carbon energy solutions, vice president of carbon management, vice president of digital innovation, vice president of zero emission systems, vice presdent of commmercialization, and vice president of government services. Annually, an outside company, korn ferry, determines the appropriate total compensation ranges for the above positions. A recommendation for merit increases and bonuses is made to the compensation committee of the board of directors, annually, based on the external market study performed by korn ferry, the company's performance, and the indvidiual's performance. The compensation committee determines the final merit increase and bonus amounts. Merit increases for officers are based on specific formulas which incorporate target amounts for each set of increases, and are increased or reduced companywide, based on the direction of the compensation committee. The compensation committee specifically approves compensation for officers. Their actions are detailed in the compensation committee meeting minutes.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Form 990, Part VII, Section B

The seneca: telecommunications contractual support services havtech service division llc: hvac equipment fabrication and installation

Filing and Contact Details

Filer

Filer Name
Institute of Gas Technology
EIN
36-2170137
In Care Of
% QUINTON FORD
Phone
8477680500
Address
1700 S Mount Prospect Road, Des Plaines, IL 60018-1804
Doing Business As
GTI Energy

Signing Officer

Name
Dr Paula A Gant
Title
President & CEO
Phone
8477680500
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Paula A Gant
Formed
1941
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
10
Employees
383

Preparer

Firm
Miller Cooper & Co Ltd
Address
3 Parkway North Blvd Suite 200, Deerfield, IL 60015
Preparer
Steven R Glover
Phone
8472055000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Total of other services exceeds 10% of line 25 col (a), therefore a list of expenses follows: engineering and technical services- $30,786,419 education and training services- $423,941, patent maintenance services- $1,228,464 and advocacy services $92,294.

Form 990, Part I, Line 1

Partners across every sector trust us to build and demonstrate solutions for better-performing energy systems. Guided by systems thinking, collaboration, and innovation, we are focused on driving progress that matters for people everywhere.

Form 990 Part IX Line 11G

Description:other total fees:34182439

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1SVP of FINANCE, TREASURER, CFO
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