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← SECONDARY MATERIALS AND RECYCLED TEXTILES

Form 990 for tax year 2024

Filed by SECONDARY MATERIALS AND RECYCLED TEXTILES.

Totals

Total revenue
$754,935
Total expenses
$754,885
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$743,042
Investment income
$11,293
Other revenue
$600
Total assets, end of year
$1,199,482
Total liabilities, end of year
$339,497
Net assets or fund balances, end of year
$859,985
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.

  • 2a · Program service revenue: ANNUAL CONFERENCE

    total $307,851 · related or exempt $307,851

  • 2b · Program service revenue: MEMBER DUES

    total $297,752 · related or exempt $297,752

  • 2c · Program service revenue: REGIONAL CONFERENCE

    total $137,439 · related or exempt $137,439

  • 3 · Investment income

    total $11,293 · excluded $11,293

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $600 · related or exempt $600

  • 11e · Other revenue, total

    $600

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $225,582

  • 11b · Fees: legal

    total $2,107

  • 11c · Fees: accounting

    total $9,600

  • 11f · Fees: investment management

    total $4,585

  • 11g · Fees: other

    total $44,000

  • 13 · Office expenses

    total $29,054

  • 14 · Information technology

    total $12,621

  • 16 · Occupancy

    total $5,869

  • 17 · Travel

    total $2,166

  • 19 · Conferences, conventions and meetings

    total $347,443

  • 23 · Insurance

    total $2,354

  • 24a · Other expenses: GOVERNMENT AFFAIRS

    total $54,087

  • 24b · Other expenses: SURVEY

    total $13,875

  • 24c · Other expenses: MISCELLANEOUS

    total $1,542

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $307,987 · end of year $109,448

  • 2 · Savings and temporary cash investments

    beginning of year $177,582 · end of year $10,270

  • 9 · Prepaid expenses and deferred charges

    beginning of year $50,909 · end of year $326,097

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

    $8,800

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

    $8,800

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $487,153 · end of year $753,667

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,675 · end of year $21,412

  • 19 · Deferred revenue

    beginning of year $208,954 · end of year $318,085

  • 27 · Net assets without donor restrictions

    beginning of year $776,616 · end of year $827,599

  • 28 · Net assets with donor restrictions

    beginning of year $32,386 · end of year $32,386

Mission and programs · 2024

Mission

THE ORGANIZATION IS AN INTERNATIONAL TRADE ASSOCIATION WHICH SEEKS TO STRENGTHEN THE ECONOMIC OPPORTUNITIES OF ITS DIVERSE MEMBERSHIP BY PROMOTING THE INTERDEPENDENCE OF INDUSTRY SEGMENTS AND PROVIDING A COMMON FORUM FOR NETWORKING, EDUCATION, AND TRADE.

Activities or mission (Part I)

EDUCATION OF MEMBERSHIP AND PROMOTION OF INDUSTRY.

  • MEMBERSHIP SERVICES - SERVING THE COMMON INTERESTS OF OUR MEMBERS THROUGH ADVOCACY, NETWORKING AND EDUCATION.

As filed on the 2024 return.

Listed in Part VII

  • Brian London

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Drew Weinberg

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Brian Rubin

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Steve Rees

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Gina Buty

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Helene Carter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Harold Kalfus

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gloria Avendano

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Munir Hussain

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Usman Kappaya

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Marisa Adler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joe Howlett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Susan Decourcey

    EXEC. DIR. THRU 4/30/25

    Total calculated
    $0
    Hours/week
    20

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202533219349312703

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