Chwmeg Inc
- Assets
- $2.2m
- Revenue
- $3.2m
- Investments
- $1.3m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 04/1995
- Data as of
- 12/2022
- EIN
- 25-1758104
Organization Overview
Chwmeg Inc is located in Pittsburgh, PA. The organization was established in 1995. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chwmeg 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 12/2022, Chwmeg Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $3.0m during the year ending 12/2022. While expenses have increased by 2.0% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE GENERAL WASTE MANAGEMENT PRACTICES AND TO BROADEN INDUSTRY KNOWLEDGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICE REVENUE IS FROM FACILITY REVIEW COMMITMENTS PAID BY MEMBERS TO IMPROVE STORAGE, HANDLING, RECYCLING, TREATMENT OR DISPOSAL OF WASTES AND SPENT MATERIALS BY DEVELOPING STANDARD CRITERIA, FORMATS AND PROCEDURES FOR GATHERING INFORMATION IN SUPPORT OF THE THE INDEPENDENT EVALUATION OF COMMERCIAL TRANSPORTERS, MANAGEMENT FACILITIES AND OTHER BUSINESSES INVOLVED IN THE STORAGE, HANDLING, RECYCLING, TREATMENT OR DISPOSAL OF WASTES AND SPENT MATERIALS. THRU APRIL 2023, CHWMEG, INC. WILL HAVE CONDUCTED MORE THAN 6,350 COMPREHENSIVE, INDEPENDENT REVIEWS OF OVER 2,200 UNIQUE COMMERCIAL FACILITIES THAT TREAT, DISPOSE, RECYCLE, OR REGENERATE WASTE AND OTHER SPENT MATERIALS IN 55 COUNTRIES WORLDWIDE.
MISCELLANEOUS INCOME FROM RAS & ALTMAN Z SCORE DATABASE FILE TOOL AND MISCELLANEOUS FEES.
CHWMEG, INC. MAKES AVAILABLE (TO ITS MEMBERS) COPIES OF THE REPORTS RESULTING FROM COMPREHENSIVE, INDEPENDENT REVIEWS OF COMMERCIAL FACILITIES THAT TREAT, DISPOSE, RECYCLE OR TRANSPORT WASTE AND SPENT MATERIALS. NEW AND EXISTING MEMBERS ARE THUS ABLE TO OBTAIN SUCH REPORTS ON THE COMMERCIAL TRANSPORTERS, MANAGEMENT FACILITIES, AND OTHER BUSINESSES INVOLVED IN THE STORAGE, HANDLING, RECYCLING OR DISPOSAL OF WASTES AND SPENT MATERIALS. MEMBERS' CONSIDERATION OF THESE REVIEWED FACILITIES IS EITHER TO MAINTAIN/CONTINUE BUSINESS RELATIONSHIPS OR TO ESTABLISH NEW BUSINESS RELATIONSHIPS WITH THESE SERVICE PROVIDERS. CHWMEG'S MEMBERS SAVE CONSIDERABLE RESOURCES BY NOT HAVING TO BEAR THE EXPENSE OF PERFORMING A COMPREHENSIVE REVIEW ON THEIR OWN.
CHWMEG, INC. SPONSORED TWO MEMBER MEETINGS AND A GLOBAL-FOCUS SEMINAR IN 2022 FOR THE PURPOSE OF BROADENING THE KNOWLEDGE OF THE CORPORATION, ITS MEMBERS AND THE INDUSTRY AS A WHOLE IN ENVIRONMENTALLY SAFE MANAGEMENT, TRANSPORTATION, STORAGE, RECYCLING, TREATMENT AND DISPOSAL OF WASTE. THE MEETINGS ALSO PROVIDE AN OPPORTUNITY FOR NETWORKING AND DISCUSSION OF COMMON INTERESTS WITH OTHER MEMBERS IN THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Bloomer Chairperson | OfficerTrustee | 3.5 | $0 |
Mike Cakouros Vice-Chair | OfficerTrustee | 3.5 | $0 |
Nick Burrows Treasurer | OfficerTrustee | 3.5 | $0 |
Kendall Wilson Secretary | OfficerTrustee | 3.5 | $0 |
Doug Mieritz At Large Director | Trustee | 3.5 | $0 |
Mark Bonenberger At Large Director | Trustee | 3.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ems Llc Mgmt & Admin Services | 12/30/22 | $1,596,415 |
Aecom Environment Facility Reviews | 12/30/22 | $163,447 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $736,875 |
| 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 | $736,875 |
| Total Program Service Revenue | $2,444,761 |
| Investment income | $28,476 |
| 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 | $3,210,112 |
| 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 | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $515,837 |
| Fees for services: Legal | $78,471 |
| Fees for services: Accounting | $149,243 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $148,837 |
| Office expenses | $0 |
| Information technology | $106,395 |
| 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 | $192,437 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,503 |
| Insurance | $5,440 |
| All other expenses | $126,463 |
| Total functional expenses | $3,007,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $233,892 |
| Savings and temporary cash investments | $661,373 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $72,380 |
| 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 | $12,559 |
| Net Land, buildings, and equipment | $4,172 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,252,546 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,236,922 |
| Accounts payable and accrued expenses | $175,736 |
| Grants payable | $0 |
| Deferred revenue | $42,209 |
| 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 | $1,121,943 |
| Total liabilities | $1,339,888 |
| Net assets without donor restrictions | $897,034 |
| 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 | $2,236,922 |