Inda Association Of The Non Woven Fabrics Industry
- Assets
- $9.8m
- Revenue
- $4.9m
- Investments
- $3.3m
- Employees
- 20
- Location
- Cary, NC
- Founding
- 01/1969
- Data as of
- 12/2021
- EIN
- 13-2619154
Organization Overview
Inda Association Of The Non Woven Fabrics Industry is located in Cary, NC. The organization was established in 1969. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Inda Association Of The Non Woven Fabrics Industry employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inda Association Of The Non Woven Fabrics Industry 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 12/2021, Inda Association Of The Non Woven Fabrics Industry generated $4.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $5.7m during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
NOT-FOR-PROFIT TRADE ASSOCIATION FOR NONWOVEN FABRICS INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDA'S HYGIENIX CONFERENCE IS A CONSUMER PRODUCTS EDUCATIONAL CONFERENCE FOR TOP EXECUTIVES AND MANAGERS FOCUSING ON BUSINESS ISSUES RELEVANT TO THE NONWOVENS INDUSTRY. TOPICS INCLUDE TECHNOLOGY AND FUTURE TRENDS, MARKET STATISTICS, AND SUSTAINABILITY.
INDA'S WORLD OF WIPES CONFERENCE IS ESSENTIAL FOR TECHNICAL AND MANAGEMENT PROFESSIONALS INTERESTED IN LEARNING THE RESEARCH, DEVELOPMENT, AND MANUFACTURING OF WIPES.
FOCUSED SEMINARS INCLUDE CONFERENCES ATTENDED BY PEOPLE WITHIN SPECIALIZED TECHNOLOGY AREAS OF THE INDUSTRY. THE CONFERENCES INCLUDE PRESENTATIONS OF PAPERS TO EDUCATE ATTENDEES IN THE LATEST TECHNOLOGICAL DEVELOPMENTS.
CONFERENCES AND WEBINARS FOCUSING ON THE NONWOVEN FABRICS INDUSTRY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Rousse President | OfficerTrustee | 40 | $308,278 |
Lori Ledford Reynolds Director Of Admin | 40 | $175,259 | |
Christopher Plotz Director Of Technical Serv | 40 | $162,031 | |
Joan Izzo Director Of Marketing | 40 | $154,422 | |
Brad Kalil Director Of Tech Affairs | 40 | $153,485 | |
Morris Collins Director Of Member Relatio | 40 | $135,852 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Franken & Associates Llc Government Relations | 12/30/21 | $235,200 |
Brandalive Llc Marketing Services | 12/30/21 | $161,324 |
Potomac Core Consulting Llc Consulting Services | 12/30/21 | $140,298 |
Rostrum Llc Government Relations | 12/30/21 | $120,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,532,606 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $540,477 |
| 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 | $2,073,083 |
| Total Program Service Revenue | $2,524,347 |
| Investment income | $301,811 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$39,634 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,859,607 |
| 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. | $308,278 |
| Compensation of current officers, directors, key employees. | $46,242 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,108,290 |
| Pension plan accruals and contributions | $204,587 |
| Other employee benefits | $280,769 |
| Payroll taxes | $170,121 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $68,068 |
| Fees for services: Accounting | $15,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $27,817 |
| Fees for services: Other | $0 |
| Advertising and promotion | $29,830 |
| Office expenses | $70,359 |
| Information technology | $106,322 |
| Royalties | $0 |
| Occupancy | $286,955 |
| Travel | $117,973 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,146,074 |
| Interest | $9,420 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,142 |
| Insurance | $23,354 |
| All other expenses | $88,866 |
| Total functional expenses | $5,671,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $3,495,296 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $633,942 |
| 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 | $720,845 |
| Net Land, buildings, and equipment | $100,420 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,278,819 |
| Investments—program-related | $0 |
| Intangible assets | $1,592,500 |
| Other assets | $23,996 |
| Total assets | $9,846,018 |
| Accounts payable and accrued expenses | $796,344 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $4,144,957 |
| Total liabilities | $4,941,301 |
| Net assets without donor restrictions | $4,904,717 |
| 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 | $9,846,018 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arts & Science Council Charlotte Mecklenburg Inc Charlotte, NC | $42,519,495 | $11,600,726 |
Frist Art Museum Nashville, TN | $27,247,403 | $12,277,490 |
Professional Photographers Of America Inc Atlanta, GA | $48,960,545 | $12,325,076 |
Textile Rental Services Association Of America Inc Alexandria, VA | $12,660,390 | $5,781,606 |
Inda Association Of The Non Woven Fabrics Industry Cary, NC | $9,846,018 | $4,859,607 |
Andreas H Bechtler Arts Foundation Charlotte, NC | $39,434,021 | $2,461,495 |
Virginia Museum Of Contemporary Art Virginia Beach, VA | $2,164,198 | $3,254,466 |
Georgia Association Of Manufacturers Inc Atlanta, GA | $2,700,140 | $2,292,406 |
The Center For Craft Creativity & Design Inc Asheville, NC | $15,329,103 | $2,386,393 |
Forward Arts Foundation Inc Atlanta, GA | $5,240,641 | $1,648,904 |
Southern Highland Handicraft Guild Inc Asheville, NC | $7,206,278 | $2,199,830 |
Mccoll Center For Art & Innovation Charlotte, NC | $14,043,354 | $2,439,387 |