International Institute Of Synthetic Rubber Producers Inc is located in Houston, TX. The organization was established in 1961. According to its NTEE Classification (J99) the organization is classified as: Employment N.E.C., under the broad grouping of Employment and related organizations. As of 06/2021, International Institute Of Synthetic Rubber Producers Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Institute Of Synthetic Rubber Producers Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, International Institute Of Synthetic Rubber Producers Inc generated $793.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $970.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FURTHER THE LONG-TERM GROWTH OF THE SYNTHETIC RUBBER INDUSTRY WORLDWIDE TO THE BENEFIT OF PRODUCERS, CUSTOMERS AND ULTIMATE USERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEDICATED TO PROMOTING THE LONG-TERM GROWTH OF THE SYNTHETIC RUBBER INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Juan Ramon Salinas Managing Dir, CEO | Officer | 40 | $189,426 |
Brad Lorger Director | Trustee | $0 | |
Jesse Zeringue Director | Trustee | $0 | |
Mark Plantane Director | Trustee | $0 | |
Rami Madadin Director | Trustee | $0 | |
Larisa Bondar Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $608,000 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $608,000 |
Total Program Service Revenue | $142,456 |
Investment income | $43,582 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $793,559 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $189,426 |
Compensation of current officers, directors, key employees. | $189,426 |
Compensation to disqualified persons | $154,318 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $87,800 |
Other employee benefits | $77,698 |
Payroll taxes | $23,375 |
Fees for services: Management | $0 |
Fees for services: Legal | $32,500 |
Fees for services: Accounting | $16,025 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $16,489 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $27,169 |
Travel | $87 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $7,472 |
All other expenses | $0 |
Total functional expenses | $970,039 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $433,962 |
Savings and temporary cash investments | $309,765 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $76,820 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $566,868 |
Investments—other securities | $622,468 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $206,496 |
Total assets | $2,216,379 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $257,786 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $257,786 |
Net assets without donor restrictions | $1,958,593 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,216,379 |
Organization Name | Assets | Revenue |
---|---|---|
Southeast Keller Corporation Houston, TX | $2,326,726 | $1,909,516 |
Rio Grande Valley Empowerment Zone Corporation McAllen, TX | $531,814 | $1,306,475 |
Regional Aids Intercommunity Network Of Oklahoma Oklahoma City, OK | $231,177 | $1,310,848 |
International Institute Of Synthetic Rubber Producers Inc Houston, TX | $2,216,379 | $793,559 |
Fort Hood Region Economic Development Foundation Killeen, TX | $197,133 | $429,692 |
Ten Thousand Villages Of Austin Austin, TX | $379,740 | $299,957 |
Sooners Helping Sooners Inc Norman, OK | $49,783 | $262,483 |
North Central Texas Interlink Inc Dfw Airport, TX | $99,569 | $0 |
Oklahoma Corrections Professionals Oklahoma City, OK | $16,094 | $0 |
Belong Bakery Houston, TX | $1,069,781 | $695,668 |
Brookshire Brothers Employee Assistance Program Lufkin, TX | $47,138 | $0 |
Indianette Service Organization Keller, TX | $120,839 | $0 |