Form 990 for tax year 2022
Filed by RECYCLING RESEARCH FOUNDATION INC.
Totals
- Total revenue
- $211,073
- Total expenses
- $244,423
- Contributions and grants received
- $202,396
- Grants paid
- $142,250
- Program service revenue
- $0
- Investment income
- $4,789
- Other revenue
- $3,888
- Total assets, end of year
- $339,286
- Total liabilities, end of year
- $20,967
- Net assets or fund balances, end of year
- $318,319
- Program services expenses (Part IX)
- $142,250
- Management and general expenses
- $102,173
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $142,250
Program services were 58.2% 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
$202,396
-
3 · Investment income
total $4,787 · excluded $4,787
-
7a · Gross sales of assets other than inventory
securities $2
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $2
-
7d · Net gain or loss
total $2 · excluded $2
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $3,888 · excluded $3,888
-
11e · Other revenue, total
$3,888
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $142,250 · program services $142,250
-
5 · Compensation of officers, directors and key employees
total $88,705 · management and general $88,705
-
10 · Payroll taxes
total $6,174 · management and general $6,174
-
11f · Fees: investment management
total $322 · management and general $322
-
11g · Fees: other
total $5,432 · management and general $5,432
-
12 · Advertising and promotion
total $111 · management and general $111
-
13 · Office expenses
total $4,217 · management and general $4,217
-
17 · Travel
total $2,981 · management and general $2,981
-
24a · Other expenses: MISCELLANEOUS EXPENSES
total -$5,769 · management and general -$5,769
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $116,346 · end of year $76,154
-
10a · Land, buildings and equipment: cost or other basis
$12,669
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $12,669 · end of year $12,669
-
11 · Investments: publicly traded securities
beginning of year $278,707 · end of year $231,083
-
15 · Other assets
beginning of year $27,251 · end of year $19,380
-
17 · Accounts payable and accrued expenses
beginning of year $2,060 · end of year $0
-
19 · Deferred revenue
beginning of year $29,153 · end of year $20,967
-
27 · Net assets without donor restrictions
beginning of year $281,478 · end of year $199,873
-
28 · Net assets with donor restrictions
beginning of year $122,282 · end of year $118,446
Mission and programs · 2022
Mission
TO CONDUCT RESEARCH AND TO PROVIDE TECHNICAL AND FINANCIAL ASSISTANCE TO PERSONS, ASSOCIATIONS, CORPORATIONS, OR OTHER FORMS OF ORGANIZATIONS ENGAGED IN THE SCRAP PROCESSING OR CONSUMING INDUSTRIES AND OTHER GROUPS INTERESTED IN RECYCLING.
Activities or mission (Part I)
TO CONDUCT RESEARCH AND TO PROVIDE TECHNICAL AND FINANCIAL ASSISTANCE TO PERSONS, ASSOCIATIONS, CORPORATIONS, OR OTHER FORMS OF ORGANIZATIONS ENGAGED IN THE SCRAPPROCESSING OR CONSUMING INDUSTRIES AND OTHER GROUPS INTERESTED IN RECYCLING.
-
SCHOLARSHIPS TO VARIOUS INDIVIDUALS
Expenses $142,250 · Grants $142,250
As filed on the 2022 return.
Listed in Part VII
-
Kevin LamarKEVIN LAMAR
CHAIR
- Total calculated
- $0
- Hours/week
- 10 + 5 related
-
Greg BrownGREG BROWN
TREASURER
- Total calculated
- $0
- Hours/week
- 5 + 1 related
-
Paul BrennerPAUL BRENNER
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 5 + 1 related
-
Michael MillerMICHAEL MILLER
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Sean DaoudSEAN DAOUD
CHAPTER PRESIDENT (THRU 4/22)
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Ben RosenBEN ROSEN
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Barry WolffBARRY WOLFF
CHAPTER PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Neil ByceNEIL BYCE
CHAPTER PRESIDENT (THRU 4/22)
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Christine GneidingCHRISTINE GNEIDING
COMMODITY DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Mike HinseyMIKE HINSEY
COMMODITY DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nini KreverNINI KREVER
COMMODITY DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mark LewonMARK LEWON
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Brian ShineBRIAN SHINE
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Robin WienerROBIN WIENER
ISRI PRESIDENT
- Total calculated
- $697,757
- From this org
- $0
- From related orgs
- $633,363
- Other
- $64,394
- Hours/week
- 1 + 36.5 related
Schedule J breakdown matched by us
- Base
- $0 + $492,091 related
- Bonus
- $0 + $137,660 related
- Other
- $0 + $3,612 related
- Deferred
- $0 + $40,378 related
- Nontaxable benefits
- $0 + $33,788 related
- Filer's total
- $0 + $707,529 related
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
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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 3
- THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES USES THE FOLLOWING CRITERIA TO DETERMINE ITS PRESIDENT'S COMPENSATION: - COMPENSATION COMMITTEE - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
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
No itemized grants to organizations on this return.
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.
-
INSTITUTE OF SCRAP RECYCLING INDUSTRIES INC
501(C)(6) · ADVANCING THE TRADE & COMMERCE OF THE RECYCLING INDUSTRY · DE
-
ISRI POLITICAL ACTION COMMITTEE
527 · POLITICAL ACTION · DC
Directly controlled by INSTITUTE OF SCRAP RECYCLING INDUSTRIES INC
-
501(C)(6) · MANAGEMENT OF CERTIFICATION PROGRAM · DC
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
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313139349305861
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