International Zinc Association
- Assets
- $7.6m
- Revenue
- $8.6m
- Investments
- $0.0
- Employees
- 4
- Location
- Durham, NC
- Founding
- 03/1991
- Data as of
- 12/2022
- EIN
- 52-1722229
Organization Overview
International Zinc Association is located in Durham, NC. The organization was established in 1991. 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. As of 12/2022, International Zinc Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Zinc Association 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, International Zinc Association generated $8.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 45.3% each year . All expenses for the organization totaled $10.1m during the year ending 12/2022. While expenses have increased by 48.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION'S PRIMARY GOAL IS TO DELIVER VALUE TO ITS MEMBERS THROUGH INNOVATIVE PROGRAMS IN ITS STRATEGIC FOCUS AREAS OF ENVIRONMENT AND SUSTAINABLE DEVELOPMENT, TECHNOLOGY AND MARKET DEVELOPMENT AND COMMUNICATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IZA ENVIRONMENT, HEALTH AND SUSTAINABILITY PROGRAMS ADDRESS AND/OR PROMOTE REGULATORY ENVIRONMENTAL RESEARCH, SUSTAINABILITY, AND HEALTH ISSUES. IN 2022, IZA ARRANGED SEVERAL VIRTUAL MEETINGS AND WEBINARS WITH MEMBER COMPANIES AND HELD AN EHS COMMITTEE MEETING IN ORDER TO BETTER COMMUNICATE THE VALUE OF THESE PROGRAMS. THIS WORK WILL CONTINUE IN 2023.
THE GALVANIZED AUTOMOTIVE STEEL PROGRAM (GAP) WAS ESTABLISHED TO HELP RETAIN AND GROW THE MARKET FOR GALVANIZED STEEL SHEET ON AUTOMOTIVE BODIES BY TECHNICAL INNOVATION AND MARKET DEVELOPMENT. IT HAS ATTRACTED SIGNIFICANT SUPPORT FROM THE GLOBAL STEEL INDUSTRY, AUTOMAKERS AND STEEL INDUSTRY SUPPLIERS WHO SPONSOR 95% OF THE GAP BUDGET. IT IS RUN IN A SERIES OF 3-YEAR TERMS, WITH 12 RESEARCH PROJECTS IN EACH TERM. IT IS ESTIMATED THAT THE ZINC MARKET FOR AUTOMOTIVE STEELS IS OVER 700,000 TPY AND THAT THERE IS POTENTIAL FOR AN ADDITIONAL 50,000 TPY GROWTH IN DEVELOPING COUNTRIES. FOR EXAMPLE, THERE ARE OPPORTUNITIES IN CHINA AND INDIA TO INCREASE THE PERCENTAGE OF GALVANIZED STEEL USED CLOSE TO LEVELS SEEN IN NORTH AMERICA OR EUROPE.
IZA SERVES AS AN INFORMATION HUB ON ZINC AND ITS USES. ITS COMMUNICATION PROCESS INTEGRATES ACTIVITIES AND INFORMATION TO ENGAGE AUDIENCES, WHILE ACHIEVING OUTCOMES CONSISTENT WITH IZA'S MISSION, VISION, AND GOALS. ACTIVITIES INCLUDE CURATING IZA CONFERENCES AND WORKSHOPS, MANAGING WEBSITES AND SOCIAL MEDIA, CREATING NEWSLETTERS, BROCHURES AND OTHER PUBLICATIONS SUPPORTING IZA PROGRAMS, AND MEDIA AND PUBLIC RELATIONS.
IZA STARTED THE ZINC BATTERY INITIATIVE (ZBI) IN 2020 AND GAINED ELEVEN ZINC BATTERY DEVELOPERS AS MEMBERS OF THE INITIATIVE SO FAR. THE ZBI HAS THE GOAL TO SUPPORT INDIVIDUAL ZINC BATTERY DEVELOPERS AND MANUFACTURERS WITH JOINED PROMOTION, MARKETING, POSITIVE COMMUNICATION, STUDIES AND EVENTS (MEETINGS, WORKSHOPS, SEMINARS, WEBINARS, PODCASTS) FOR ZINC BATTERIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Green Executive Director | OfficerTrustee | 40 | $388,289 |
Rob Putnam Communications Director | 40 | $162,437 | |
Eric Van Genderen Director Ehs | 40 | $172,104 | |
S Schlegel Market Intelligence Manager | 40 | $145,483 | |
B Duran Manager Tmd | 40 | $132,064 | |
Adam Ryan Manager Environment | 40 | $118,246 |
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 | $8,627,758 |
| Investment income | $52,241 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$34,932 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,587,169 |
| 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. | $705,079 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,471,876 |
| Pension plan accruals and contributions | $63,338 |
| Other employee benefits | $245,077 |
| Payroll taxes | $0 |
| 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 | $4,785 |
| Fees for services: Other | $79,682 |
| Advertising and promotion | $0 |
| Office expenses | $514,382 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $338,346 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $597,150 |
| Interest | $0 |
| Payments to affiliates | $274,956 |
| Depreciation, depletion, and amortization | $3,081 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $10,114,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,439,584 |
| Savings and temporary cash investments | $231,695 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,406,492 |
| 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 | $118,837 |
| Net Land, buildings, and equipment | $626,115 |
| Investments—publicly traded securities | $1,197,390 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $586,246 |
| Total assets | $7,606,359 |
| Accounts payable and accrued expenses | $1,311,133 |
| Grants payable | $0 |
| Deferred revenue | $108,384 |
| 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 | $669,852 |
| Total liabilities | $2,089,369 |
| Net assets without donor restrictions | $4,425,195 |
| Net assets with donor restrictions | $1,091,795 |
| 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 | $7,606,359 |