Form 990 for tax year 2023
Filed by INSTITUTE OF SCRAP RECYCLING INDUSTRIES INC.
Totals
- Total revenue
- $22,899,083
- Total expenses
- $20,270,446
- Contributions and grants received
- $882,067
- Grants paid
- $144,831
- Program service revenue
- $19,340,485
- Investment income
- $851,402
- Other revenue
- $1,825,129
- Total assets, end of year
- $45,412,170
- Total liabilities, end of year
- $19,955,739
- Net assets or fund balances, end of year
- $25,456,431
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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
$882,067
-
2a · Program service revenue: MEMBERSHIP
total $8,808,348 · related or exempt $8,808,348
-
2b · Program service revenue: CONVENTION
total $8,285,145 · related or exempt $8,285,145
-
2c · Program service revenue: PROGRAMS AND SERVICE
total $970,746 · related or exempt $970,746
-
2d · Program service revenue: PUBLICATIONS
total $819,341 · related or exempt $393,759 · unrelated business $425,582
-
2e · Program service revenue: ADMINISTRATIVE REIMBURSEMENT
total $456,905 · related or exempt $456,905
-
3 · Investment income
total $898,174 · excluded $898,174
-
5 · Royalties
total $323,369 · excluded $323,369
-
6a · Gross rents
real property $13,000
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $13,000
-
6d · Net rental income or loss
total $13,000 · excluded $13,000
-
7b · Less cost or other basis and sales expenses
securities $46,772
-
7c · Gain or loss
securities -$46,772
-
7d · Net gain or loss
total -$46,772 · excluded -$46,772
-
11a · Other revenue: MISCELLANEOUS INCOME
total $1,488,760 · excluded $1,488,760
-
11e · Other revenue, total
$1,488,760
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $134,831
-
3 · Grants to foreign organizations and individuals
total $10,000
-
5 · Compensation of officers, directors and key employees
total $3,186,052
-
7 · Other salaries and wages
total $4,402,965
-
8 · Pension plan contributions
total $356,573
-
9 · Other employee benefits
total $409,654
-
10 · Payroll taxes
total $518,811
-
11b · Fees: legal
total $104,067
-
11c · Fees: accounting
total $56,732
-
11f · Fees: investment management
total $57,448
-
11g · Fees: other
total $3,488,416
-
12 · Advertising and promotion
total $230,229
-
13 · Office expenses
total $639,679
-
14 · Information technology
total $496,015
-
16 · Occupancy
total $905,610
-
17 · Travel
total $893,575
-
19 · Conferences, conventions and meetings
total $2,957,692
-
22 · Depreciation, depletion and amortization
total $342,290
-
23 · Insurance
total $181,324
-
24a · Other expenses: OTHER EXPENSES
total $528,841
-
24b · Other expenses: DUES & SUBSCRIPTIONS
total $241,160
-
24c · Other expenses: EQUIPMENT
total $66,589
-
24d · Other expenses: INDUSTRY REPRESENTATION
total $48,600
-
24e · All other expenses
total $13,293
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,593,747 · end of year $707,367
-
2 · Savings and temporary cash investments
beginning of year $2,882,769 · end of year $6,713,181
-
4 · Accounts receivable
beginning of year $203,437 · end of year $353,597
-
9 · Prepaid expenses and deferred charges
beginning of year $366,585 · end of year $679,065
-
10a · Land, buildings and equipment: cost or other basis
$2,699,400
-
10b · Land, buildings and equipment: accumulated depreciation
$1,369,211
-
10c · Land, buildings and equipment, net
beginning of year $1,542,760 · end of year $1,330,189
-
11 · Investments: publicly traded securities
beginning of year $24,671,394 · end of year $28,999,394
-
12 · Investments: other securities
beginning of year $414,963 · end of year $507,475
-
15 · Other assets
beginning of year $5,019,503 · end of year $6,121,902
-
17 · Accounts payable and accrued expenses
beginning of year $2,743,172 · end of year $2,869,040
-
19 · Deferred revenue
beginning of year $7,702,133 · end of year $9,173,017
-
25 · Other liabilities
beginning of year $7,120,856 · end of year $7,913,682
-
27 · Net assets without donor restrictions
beginning of year $19,128,997 · end of year $25,456,431
Mission and programs · 2023
Mission
TO PROMOTE THE BEST INTERESTS OF INDIVIDUALS ENGAGED IN THE RECYCLING INDUSTRY BY ADVANCING THE TRADE AND COMMERCE OF ITS MEMBERS AND DISSEMINATING INFORMATION TO ACCOMPLISH THAT GOAL. ISRI'S OPERATIONS ARE SUPPORTED PRIMARILY THROUGH MEMBERSHIP DUES, FEES CHARGED FOR SERVICES AND PROGRAMS, AND ADVERTISING INCOME.
-
ADVOCACY: POLICY DEVELOPMENT, REPRESENTATION AND SUPPORT OF ISRI'S MEMBERS CONCERNING ISSUES BEFORE FEDERAL AGENCIES, CONGRESS AND THE WHITE HOUSE AS WELL AS STATE AND LOCAL GOVERNMENTS.
-
CONVENTION: ANNUAL GATHERING OF MEMBERS AND NONMEMBERS WITH GENERAL SESSIONS AND WORKSHOPS COVERING ALL ASPECTS OF RECYCLING, AND INCLUDES AN EXHIBITION.
-
COMMUNICATIONS: THIS PROGRAM INCLUDES EXPENSES RELATED TO THE ISRI'S NEWSLETTERS, WEBSITES, MEDIA OUTREACH AND OTHER FORMS OF COMMUNICATION TO MEMBERS, KEY STAKEHOLDERS AND GENERAL PUBLIC.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Brian HeneseyBRIAN HENESEY
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 16
-
Colin KellyCOLIN KELLY
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 8
-
Andrew GoldingANDREW GOLDING
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 8
-
Neil ByceNEIL BYCE
SECRETARY TREASURER
- Total calculated
- $0
- Hours/week
- 8
-
Richard E AbramsRICHARD E ABRAMS
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
George AdamsGEORGE ADAMS
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Brant ArnoldBRANT ARNOLD
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dan BeckerDAN BECKER
ADDITIONAL VOTING REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 1
-
John BianculliJOHN BIANCULLI
FERROUS DIVISION DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sandy BrooksSANDY BROOKS
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Gary ChamplinGARY CHAMPLIN
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Cherish ChangalaCHERISH CHANGALA
PLASTICS DIVISION DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Andy CohenANDY COHEN
NONFERROUS DIVISION DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Glenn CohenGLENN COHEN
TIRE/RUBBER DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Frank J CozziFRANK J COZZI
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Sean DaoudSEAN DAOUD
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Joel DenboJOEL DENBO
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Colin P DenihanCOLIN P DENIHAN
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Adam DumesADAM DUMES
FERROUS DIVISION DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kyle EastmanKYLE EASTMAN
TIRE/RUBBER DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim FisherJIM FISHER
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Neal FreyNEAL FREY
TIRE/RUBBER DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Arnold GachmanARNOLD GACHMAN
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Andrew GildeinANDREW GILDEIN
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Christine GneidingCHRISTINE GNEIDING
NONFERROUS DIVISION DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cap GrossmanCAP GROSSMAN
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Paul HardisonPAUL HARDISON
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Brandi M HarleauxBRANDI M HARLEAUX
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Michael HendersonMICHAEL HENDERSON
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Troy HessTROY HESS
TIRE/RUBBER DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Douglas KramerDOUGLAS KRAMER
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
David KrentzmanDAVID KRENTZMAN
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kevin LamarKEVIN LAMAR
ELECTRONICS DIVISION DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan LevyJONATHAN LEVY
DIVISION DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ian LewandowskiIAN LEWANDOWSKI
ASSOCIATE DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark R LewonMARK R LEWON
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Andrew LincolnANDREW LINCOLN
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Jacqueline LotzkarJACQUELINE LOTZKAR
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Donald J MajkaDONALD J MAJKA
PAPER DIVISION DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tamara MayberryTAMARA MAYBERRY
PAPER DIVISION DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael A MillerMICHAEL A MILLER
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jim NeidertJIM NEIDERT
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Johnny NewsomeJOHNNY NEWSOME
PAPER DIVISION DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shelley E PadnosSHELLEY E PADNOS
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Eric PhillipsERIC PHILLIPS
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Aaron PlittAARON PLITT
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca ProlerREBECCA PROLER
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Bret H RobinsonBRET H ROBINSON
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Benjamin RosenBENJAMIN ROSEN
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
John SaccoJOHN SACCO
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Scott SaundersSCOTT SAUNDERS
PLASTICS DIVISION DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alton SchaubhutALTON SCHAUBHUT
ADDITIONAL VOTING REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Adam ShineADAM SHINE
ELECTRONICS DIVISION DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian K ShineBRIAN K SHINE
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Shawn StateSHAWN STATE
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Bill SulakBILL SULAK
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Aaron ThomasAARON THOMAS
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Renee ToyRENEE TOY
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Nidhi Mukesh TurakhiaNIDHI MUKESH TURAKHIA
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Andy WahlANDY WAHL
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Robin WienerROBIN WIENER
EX OFFICIO/ PRESIDENT
- Total calculated
- $987,896
- From this org
- $923,000
- From related orgs
- $0
- Other
- $64,896
- Hours/week
- 32 + 6 related
Schedule J breakdown matched by us
- Base
- $575,000
- Bonus
- $348,000
- Other
- $0
- Deferred
- $31,250
- Nontaxable benefits
- $33,646
- Filer's total
- $987,896
-
Charles WilliamsCHARLES WILLIAMS
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
James K Wiseman IIIJAMES K WISEMAN III
FERROUS DIVISION DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Barry WolffBARRY WOLFF
ADDITIONAL VOTING REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Matthew YoungMATTHEW YOUNG
ELECTRONICS DIVISION DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Leonard ZeidLEONARD ZEID
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl ColemanCHERYL COLEMAN
SR. VP
- Total calculated
- $347,564
- From this org
- $313,500
- From related orgs
- $0
- Other
- $34,064
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $300,000
- Bonus
- $13,500
- Other
- $0
- Deferred
- $24,672
- Nontaxable benefits
- $9,392
- Filer's total
- $347,564
-
Holly ArthurHOLLY ARTHUR
COO, RP
- Total calculated
- $337,664
- From this org
- $295,980
- From related orgs
- $0
- Other
- $41,684
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $278,480
- Bonus
- $17,500
- Other
- $0
- Deferred
- $27,654
- Nontaxable benefits
- $14,030
- Filer's total
- $337,664
-
Heather LyonsHEATHER LYONS
GENERAL COUNSEL
- Total calculated
- $296,467
- From this org
- $245,972
- From related orgs
- $0
- Other
- $50,495
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $236,972
- Bonus
- $9,000
- Other
- $0
- Deferred
- $23,387
- Nontaxable benefits
- $27,108
- Filer's total
- $296,467
-
Mojisola ErinleMOJISOLA ERINLE
CFO
- Total calculated
- $284,804
- From this org
- $234,427
- From related orgs
- $0
- Other
- $50,377
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $210,927
- Bonus
- $23,500
- Other
- $0
- Deferred
- $21,172
- Nontaxable benefits
- $29,205
- Filer's total
- $284,804
-
Olga ZamoraOLGA ZAMORA
VP, HR
- Total calculated
- $233,939
- From this org
- $194,037
- From related orgs
- $0
- Other
- $39,902
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $185,537
- Bonus
- $8,500
- Other
- $0
- Deferred
- $18,168
- Nontaxable benefits
- $21,734
- Filer's total
- $233,939
-
Briana Gianti-PateBRIANA GIANTI-PATE
VP, MEMBERSHIP
- Total calculated
- $240,375
- From this org
- $211,004
- From related orgs
- $0
- Other
- $29,371
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $183,504
- Bonus
- $27,500
- Other
- $0
- Deferred
- $18,749
- Nontaxable benefits
- $10,622
- Filer's total
- $240,375
-
Jason GleiJASON GLEI
VP, MARKETING & SALES
- Total calculated
- $240,466
- From this org
- $196,596
- From related orgs
- $0
- Other
- $43,870
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $174,096
- Bonus
- $22,500
- Other
- $0
- Deferred
- $17,707
- Nontaxable benefits
- $26,163
- Filer's total
- $240,466
-
Rebecca TurnerREBECCA TURNER
VP, EDUCATION & EVENTS
- Total calculated
- $216,877
- From this org
- $192,731
- From related orgs
- $0
- Other
- $24,146
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $172,731
- Bonus
- $20,000
- Other
- $0
- Deferred
- $17,555
- Nontaxable benefits
- $6,591
- Filer's total
- $216,877
-
William JohnsonWILLIAM JOHNSON
CHIEF LOBBYIST
- Total calculated
- $237,784
- From this org
- $209,800
- From related orgs
- $0
- Other
- $27,984
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $200,300
- Bonus
- $9,500
- Other
- $0
- Deferred
- $19,857
- Nontaxable benefits
- $8,127
- Filer's total
- $237,784
-
Frederick ForemanFREDERICK FOREMAN
DIRECTOR, LAW ENFORCEMENT OUTREACH
- Total calculated
- $204,553
- From this org
- $176,750
- From related orgs
- $0
- Other
- $27,803
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $173,250
- Bonus
- $3,500
- Other
- $0
- Deferred
- $16,100
- Nontaxable benefits
- $11,703
- Filer's total
- $204,553
-
Joseph PickardJOSEPH PICKARD
CHIEF ECONOMIST
- Total calculated
- $221,381
- From this org
- $177,645
- From related orgs
- $0
- Other
- $43,736
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $172,145
- Bonus
- $5,500
- Other
- $0
- Deferred
- $17,155
- Nontaxable benefits
- $26,581
- Filer's total
- $221,381
-
David WaggerDAVID WAGGER
CHIEF SCIENTIST
- Total calculated
- $230,622
- From this org
- $185,476
- From related orgs
- $0
- Other
- $45,146
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $170,976
- Bonus
- $14,500
- Other
- $0
- Deferred
- $17,065
- Nontaxable benefits
- $28,081
- Filer's total
- $230,622
-
Solome SissaySOLOME SISSAY
SR. DIRECTOR OF ACCOUNTING
- Total calculated
- $166,247
- From this org
- $143,000
- From related orgs
- $0
- Other
- $23,247
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $135,000
- Bonus
- $8,000
- Other
- $0
- Deferred
- $14,000
- Nontaxable benefits
- $9,247
- Filer's total
- $166,247
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
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
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
-
DONATION
-
DONATION
-
$10,000
DONATION
-
DONATION
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(6) · MANAGEMENT OF CERTIFICATION PROGRAM · DC · controlled entity
Directly controlled by INSTITUTE OF SCRAP RECYCLING INDUSTRIES INC
-
501(C)(3) · EDUCATION AND RESEARCH · MD · controlled entity
Directly controlled by INSTITUTE OF SCRAP RECYCLING INDUSTRIES INC
-
ISRI POLITICAL ACTION COMMITTEE
527 · POLITICAL ACTION · DC · controlled entity
Directly controlled by INSTITUTE OF SCRAP RECYCLING INDUSTRIES INC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
ISRI RESOURCES
C · INSURANCE MANAGEMENT · NV · 100% owned · share of income $321,991 · share of assets $207,323 · controlled entity
Directly controlled by INSTITUTE OF SCRAP RECYCLING
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403209349313465
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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