Southeastern Fabricare Association Inc
- Assets
- $522.4k
- Revenue
- $91.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Laurel, MD
- Founding
- 05/1961
- Data as of
- 03/2022
- EIN
- 58-0532189
Organization Overview
Southeastern Fabricare Association Inc is located in Laurel, MD. The organization was established in 1961. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeastern Fabricare Association 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 03/2022, Southeastern Fabricare Association Inc generated $91.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $86.7k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST MEMBER DRYCLEANERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEMINARS AND CLINICS ON MANAGEMENT, CLEANING FABRICS, WASTE REMOVAL, EPA CONSIDERATIONS, NEW DEVELOPMENTS IN THE DRYCLEANING INDUSTRY, ETC
"RECLAIMER" - BI-MONTHLY TRADE JOURNAL CONCERNING UPDATES ABOUT THE DRYCLEANING INDUSTRY. SENT TO ALL MEMBERS.
PUBLIC RELATIONS AND MEMBERSHIP SERVICE - CALLING ON MEMBER PLANTS AND PROSPECTS IN FOUR STATES - T.V. & RADIO SHOWS, NEWS RELEASES, AND GENERAL PUBLIC EDUCATION FOR THE DRYCLEANING INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia Campbell - Secretary Secretary | Officer | 0 | $0 |
Jason Windham - Vp - Al Vice President | Officer | 0 | $0 |
Glen Gould - Vp - Ga Vice President | Officer | 0 | $0 |
Randy Parham - President President | Officer | 0 | $0 |
Coles Taylor - Vp - Sc Vice President | Officer | 0 | $0 |
Rhonda Eysel - Chairman Chairman | Officer | 0 | $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 | $72,808 |
| Investment income | $12,851 |
| 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 | $91,383 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,780 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,549 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $461 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,228 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $991 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,604 |
| All other expenses | $201 |
| Total functional expenses | $86,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $522,395 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $522,395 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $522,395 |
| 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 | $522,395 |
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Pca Care Connections Philadelphia, PA | $4,445,374 | $6,624,412 |
Viecare Armstrong Llc Cranberry Townrship, PA | $3,694,142 | $7,415,086 |
Liberty Community Connections Inc Philadelphia, PA | $1,860,538 | $7,810,912 |
Montgomery County Collaboration Council Rockville, MD | $3,343,828 | $5,705,798 |
Main Line Realty Corporation Newtown Square, PA | $67,711,287 | $9,567,390 |
Mid-Valley Healthcare Inc Wheeling, WV | $0 | $3,750,883 |
Urban Health Solutions Inc Philadelphia, PA | $1,742,671 | $5,348,021 |
Gbmc Healthcare Inc Baltimore, MD | $760,895,419 | $3,121,010 |