Synthetic Turf Council Inc
- Assets
- $453.2k
- Revenue
- $664.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Forest Hill, MD
- Founding
- 06/2004
- Data as of
- 12/2022
- EIN
- 26-0059593
Organization Overview
Synthetic Turf Council Inc is located in Forest Hill, MD. The organization was established in 2004. 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. Synthetic Turf Council 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, Synthetic Turf Council Inc generated $664.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $606.1k during the year ending 12/2022. 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 LEAD, EDUCATE AND ADVOCATE FOR THE SYNTHETIC TURF INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SYNTHETIC TURF COUNCIL (STC) WAS FOUNDED IN 2002 AS THE VOICE OF THE SYNTHETIC TURF INDUSTRY BY PROMOTING THE BENEFITS OF SYNTHETIC TURF SYSTEMS. THE STC SERVES AS THE GLOBAL FORUM TO PROMOTE, DEVELOP, GROW AND ADVOCATE FOR THE SYNTHETIC TURF INDUSTRY. AT ITS TWO MEETINGS PER YEAR, THE STC OFFERS ESSENTIAL EDUCATION ON ISSUES OF INTEREST AND NEW TECHNOLOGIES TO THE INDUSTRY AND OUR MEMBERS. MEMBERSHIP INCLUDES BUILDERS, LANDSCAPE ARCHITECTS, TESTING LABS, MAINTENANCE PROVIDERS, MANUFACTURERS, SUPPLIERS, INSTALLATION CONTRACTORS, INFILL MATERIAL SUPPLIERS AND OTHER SPECIALTY SERVICE COMPANIES. FOR MORE INFORMATION, VISIT WWW.SYNTHETICTURFCOUNCIL.ORG.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Dewolfe Chairman | OfficerTrustee | 3 | $0 |
Mark Klementti Vice Chairman | OfficerTrustee | 3 | $0 |
Shaun Garrity Treasurer | OfficerTrustee | 3 | $0 |
Holli Durchik Secretary | OfficerTrustee | 3 | $0 |
Terra Erickson Director-At-Large | OfficerTrustee | 3 | $0 |
Laith Ross Immediate Past Chair | OfficerTrustee | 3 | $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 | $658,204 |
| Investment income | $2,744 |
| 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 | $664,062 |
| 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 | $360,630 |
| Fees for services: Legal | $5,114 |
| Fees for services: Accounting | $5,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $76,594 |
| Advertising and promotion | $2,311 |
| Office expenses | $5,124 |
| Information technology | $11,783 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,615 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $89,306 |
| Interest | $2,062 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $17,294 |
| All other expenses | $0 |
| Total functional expenses | $606,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,920 |
| Savings and temporary cash investments | $400,939 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,230 |
| 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 | $39,153 |
| 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 | $453,242 |
| Accounts payable and accrued expenses | $1,018 |
| Grants payable | $0 |
| Deferred revenue | $218,487 |
| 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 | $75,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,355 |
| Total liabilities | $297,860 |
| Net assets without donor restrictions | $137,069 |
| Net assets with donor restrictions | $18,313 |
| 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 | $453,242 |