Skip to content
Nonprofiteer
← NATIONAL ASSOCIATION FOR THE EXCHANGE OF INDUSTRIAL RESOURCES I

Form 990 for tax year 2022

Filed by NATIONAL ASSOCIATION FOR THE EXCHANGE OF INDUSTRIAL RESOURCES I.

Totals

Total revenue
$99,845,996
Total expenses
$94,849,251
Contributions and grants received
$91,561,645
Grants paid
$83,875,211
Program service revenue
$8,278,389
Investment income
$5,962
Other revenue
$0
Total assets, end of year
$100,072,261
Total liabilities, end of year
$1,995,333
Net assets or fund balances, end of year
$98,076,928
Program services expenses (Part IX)
$93,416,431
Management and general expenses
$596,643
Fundraising expenses
$836,177
Program service expenses (Part III)
$93,416,431

Program services were 98.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $91,561,645

  • 1g · Noncash contributions included above

    $91,561,645

  • 2a · Program service revenue: TRANSPORTATION & HANDL

    total $7,682,185 · related or exempt $7,682,185

  • 2b · Program service revenue: OTHER PROGRAM SERVICE

    total $320,676 · related or exempt $320,676

  • 2c · Program service revenue: MEMBERSHIP DUES

    total $275,528 · related or exempt $275,528

  • 3 · Investment income

    total $5,962 · excluded $5,962

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $83,875,211 · program services $83,875,211

  • 5 · Compensation of officers, directors and key employees

    total $836,403 · program services $220,833 · management and general $305,889 · fundraising $309,681

  • 7 · Other salaries and wages

    total $1,952,648 · program services $1,756,999 · management and general $79,681 · fundraising $115,968

  • 8 · Pension plan contributions

    total $18,199 · program services $14,377 · management and general $1,274 · fundraising $2,548

  • 9 · Other employee benefits

    total $510,323 · program services $392,985 · management and general $40,808 · fundraising $76,530

  • 10 · Payroll taxes

    total $135,416 · program services $106,978 · management and general $9,479 · fundraising $18,959

  • 11c · Fees: accounting

    total $116,734 · program services $104,631 · management and general $6,916 · fundraising $5,187

  • 11f · Fees: investment management

    total $30,151 · management and general $30,151

  • 11g · Fees: other

    total $197,755 · program services $188,648 · management and general $6,222 · fundraising $2,885

  • 12 · Advertising and promotion

    total $4,348 · program services $3,393 · fundraising $955

  • 13 · Office expenses

    total $498,774 · program services $282,317 · management and general $14,451 · fundraising $202,006

  • 14 · Information technology

    total $102,805 · program services $73,578 · management and general $19,860 · fundraising $9,367

  • 16 · Occupancy

    total $681,099 · program services $640,926 · management and general $33,478 · fundraising $6,695

  • 17 · Travel

    total $63,811 · program services $57,782 · management and general $3,244 · fundraising $2,785

  • 20 · Interest

    total $24,861 · program services $19,391 · fundraising $5,470

  • 22 · Depreciation, depletion and amortization

    total $78,194 · program services $63,831 · management and general $896 · fundraising $13,467

  • 23 · Insurance

    total $24,864 · program services $23,372 · management and general $1,243 · fundraising $249

  • 24a · Other expenses: INVENTORY SHIPPING COST

    total $2,574,497 · program services $2,513,703 · fundraising $60,794

  • 24b · Other expenses: OBSOLETE/DAMAGED INVENT

    total $2,555,020 · program services $2,555,020

  • 24c · Other expenses: SUPPLIES

    total $274,950 · program services $274,950

  • 24d · Other expenses: CATALOG PRODUCTION

    total $225,358 · program services $225,358

  • 24e · All other expenses

    total $67,830 · program services $22,148 · management and general $43,051 · fundraising $2,631

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,890,699 · end of year $1,724,732

  • 2 · Savings and temporary cash investments

    beginning of year $1,139,546 · end of year $1,173,153

  • 3 · Pledges and grants receivable

    beginning of year $2,466,684 · end of year $2,880,760

  • 4 · Accounts receivable

    beginning of year $256,497 · end of year $265,449

  • 9 · Prepaid expenses and deferred charges

    beginning of year $47,328 · end of year $49,355

  • 10a · Land, buildings and equipment: cost or other basis

    $10,506,754

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,482,161

  • 10c · Land, buildings and equipment, net

    beginning of year $788,139 · end of year $1,024,593

  • 15 · Other assets

    beginning of year $88,220,772 · end of year $92,954,219

  • 17 · Accounts payable and accrued expenses

    beginning of year $498,841 · end of year $381,367

  • 19 · Deferred revenue

    beginning of year $77,071 · end of year $63,889

  • 25 · Other liabilities

    beginning of year $1,325,422 · end of year $1,550,077

  • 27 · Net assets without donor restrictions

    beginning of year $3,040,261 · end of year $3,233,187

  • 28 · Net assets with donor restrictions

    beginning of year $89,868,070 · end of year $94,843,741

Mission and programs · 2022

Mission

NAEIR'S MISSION IS TO OBTAIN, CATALOG AND STORE DONATED INVENTORY AND REDISTRIBUTE SUCH PROPERTY TO ITS MEMBERS. MEMBERSHIP IN NAEIR IS OPEN TO EDUCATIONAL AND CHARITABLE ORGANIZATIONS QUALIFIED UNDER IRC SECTION 170(E)(3) AS RECIPIENTS UNDER THAT SECTION.

Activities or mission (Part I)

TO OBTAIN, CATALOG, AND REDISTRIBUTE DONATED INVENTORY UNDER IRC SECTION 170(E)(3).

  • NAEIR REDISTRIBUTES DONATED INVENTORY TO EDUCATIONAL AND CHARITABLE ORGANIZATIONS THAT ASSERT THEIR QUALIFICATION UNDER IRC SECTION 170(E)(3) AS RECIPIENTS UNDER THAT SECTION.

    Expenses $93,416,431 · Grants $83,875,211 · Revenue $8,278,389

As filed on the 2022 return.

Listed in Part VII

  • Gary C Smith

    PRESIDENT/CEO

    Total calculated
    $332,465
    From this org
    $289,735
    From related orgs
    $0
    Other
    $42,730
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $282,756
    Bonus
    $5,569
    Other
    $1,410
    Deferred
    $8,765
    Nontaxable benefits
    $33,965
    Filer's total
    $332,465

  • Marvin Dahlberg

    BOARD CHAIRMAN

    Total calculated
    $0
    Hours/week
    7.5

  • Mary Austin

    BOARD SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    7.5

  • Robert Clark

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    7.5

  • Bruce Polay

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    7.5

  • Robert B Gilstrap

    VICE PRESIDENT/CFO

    Total calculated
    $278,346
    From this org
    $246,787
    From related orgs
    $0
    Other
    $31,559
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $241,650
    Bonus
    $4,754
    Other
    $383
    Deferred
    $7,477
    Nontaxable benefits
    $24,082
    Filer's total
    $278,346

  • Paula R Dejaynes

    SECRETARY/VP CORP RELATION

    Total calculated
    $206,525
    From this org
    $179,254
    From related orgs
    $0
    Other
    $27,271
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $175,675
    Bonus
    $3,466
    Other
    $113
    Deferred
    $5,332
    Nontaxable benefits
    $21,939
    Filer's total
    $206,525

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
GARY SMITH CONTRIBUTED $26,000 TO HIS 403(B) PLAN FOR CALENDAR YEAR 2022. THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(I). THE ORGANIZATION CONTRIBUTED AN ADDITIONAL $8,765.03 TO GARY SMITH'S 403(B) PLAN FOR CALENDAR YEAR 2022 AS AN EMPLOYER MATCHING CONTRIBUTION. THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN (C). ROBERT GILSTRAP CONTRIBUTED $27,000 TO HIS 403(B) PLAN FOR CALENDAR YEAR 2022. THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(I). THE ORGANIZATION CONTRIBUTED AN ADDITIONAL $7,477 TO ROBERT GILSTRAP'S 403(B) PLAN FOR CALENDAR YEAR 2022 AS AN EMPLOYER MATCHING CONTRIBUTION. THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN (C). PAULA DEJAYNES CONTRIBUTED $10,664 TO HER 403(B) PLAN FOR CALENDAR YEAR 2022. THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(I). THE ORGANIZATION CONTRIBUTED AN ADDITIONAL $5,332.09 TO PAULA DEJAYNES' 403(B) PLAN FOR CALENDAR YEAR 2022 AS AN EMPLOYER MATCHING CONTRIBUTION. THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN (C).

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
20 October 2023
IRS schema version
2022v5.0
Source object
202303109349302660

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.