Runnemede Industries Inc
- Assets
- $150.5k
- Revenue
- $926.5k
- Investments
- $0.0
- Employees
- 13
- Location
- Cherry Hill, NJ
- Founding
- 06/2006
- Data as of
- 09/2021
- EIN
- 20-0090179
Organization Overview
Runnemede Industries Inc is located in Cherry Hill, NJ. The organization was established in 2006. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 09/2021, Runnemede Industries Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Runnemede Industries Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Runnemede Industries Inc generated $926.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $896.3k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) 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
A SUPPORTING ORGANIZATION TO BESTWORK INDUSTRIES FOR THE BLIND, INC. BY PROVIDING EMPLOYMENT TRAINING TO ECONOMICALLY DISADVANTAGED INDIVIDUALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
A SUPPORTING ORGANIZATION TO BESTWORK INDUSTRIES FOR THE BLIND, INC. BY PROVIDING EMPLOYMENT TRAINING TO ECONOMICALLY DISADVANTAGED AND UNDER EMPLOYED INDIVIDUALS, LEADING TO GREATER INDEPENDENCE AND PRODUCTIVE LIVES IN THE COMMUNITY.
A SUPPORTING ORGANIZATION TO BESTWORK INDUSTRIES FOR THE BLIND, INC. BY PROVIDING EMPLOYMENT TRAINING TO ECONOMICALLY DISADVANTAGED AND UNDER EMPLOYED INDIVIDUALS, LEADING TO GREATER INDEPENDENCE AND PRODUCTIVE LIVES IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Katz President/ceo | Officer | 5 | $0 |
Richard Ross Director | Trustee | 1 | $0 |
Robert Delambily Secretary | Trustee | 1 | $0 |
John L Hughes Chairman | Trustee | 1 | $0 |
Belinda S Moore Former President/ceo | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $882,036 |
| Investment income | $20 |
| 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 | $926,469 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $79,746 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,436 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $896,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $95,512 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,953 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $150,465 |
| Accounts payable and accrued expenses | $25,060 |
| 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 | $0 |
| Total liabilities | $25,060 |
| Net assets without donor restrictions | $125,405 |
| 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 | $150,465 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hki Support Inc New York, NY | $0 | $18,599,175 |
Parker Health Group Inc Piscataway, NJ | $67,295,673 | $119,614 |
Suite 130 Plastic Surgery Pc Westbury, NY | $311,544 | $6,208,603 |
Transplant Foundation Philadelphia, PA | $69,009,856 | $12,071,703 |
Runnemede Industries Inc Cherry Hill, NJ | $150,465 | $926,469 |
Oxalosis And Hyperoxaluria Foundation New Paltz, NY | $5,688,162 | $1,693,241 |
Trust Fbo Assoc Services For The Blind Paoli, PA | $0 | $28,104 |
Jake Gittlen Memorial Golf Tournament Mars, PA | $8,677,851 | $1,582,078 |
Congenital Adrenal Hyperplasia Research Education & Support Fdtn Union, NJ | $540,971 | $791,663 |
American Friends Of London School Of Hygiene & Tropical Medicine Inc New Yorkl, NY | $0 | $0 |
Beer Yitzhak Foundation Inc Lyndhurst, NJ | $401,398 | $497,100 |
International Friends Of Elton John Aids Foundation Uk New York, NY | $0 | $305,257 |