Woolmark Americas Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 131589984 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is Woolmark Americas Inc?

Woolmark Americas Inc, a nonprofit organization, serves as the North American representative of wool producers in Australia. Their primary mission is to stimulate and sustain demand for wool, one of the world's premium natural fibers. As the guardians of the renowned Woolmark logo, they have certified over five billion wool products worldwide. By promoting the benefits and quality of wool, Woolmark Americas Inc supports the interests of Australian woolgrowers.


Official website here: www.wool.com

Is Woolmark Americas Inc legitimate?

Woolmark Americas Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Woolmark Americas Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $309,523
Professional Fundraising Fees: $0
Other Salaries and Wages: $473,397

For more financial information, click here


Official website here: www.wool.com

What is the mission statement of Woolmark Americas Inc?

Woolmark Americas Inc, acting as a representative for wool growers in Australia, is committed to fostering, enhancing, and sustaining the demand for wool. This mission is carried out by The Woolmark Company, an organization renowned globally for its expertise in wool, a highly esteemed natural fiber. The Woolmark Company is responsible for the popular Woolmark logo, a symbol of quality that has been applied to over five billion wool products worldwide. This logo serves as a guarantee of the superior quality of the wool products bearing it.


Official website here: www.wool.com

Who is the CEO of Woolmark Americas Inc?

Tracy Marshall is the R&D Commercialisation Manager of Woolmark Americas Inc. The CEO's salary of Woolmark Americas Inc is $0 and their total compensation is $0.


Official website here: www.wool.com

What is the revenue of Woolmark Americas Inc?

Woolmark Americas Inc's revenue in 2023 was $2,402,559.


Official website here: www.wool.com

Who are the executives of Woolmark Americas Inc and what are their salaries?

The average compensation at Woolmark Americas Inc during 2023 was $130,487. There are 6 employees and 3 volunteers at Woolmark Americas Inc.


Here are 5 key members and their salaries (Woolmark Americas Inc's CEO's salary is $0 and their total compensation is $0):


Sarah Schlenger (R&D Commercialisation Manager)
  • Compensation: $158,319
  • Related: $0
  • Other: $15,002
Elin Arnott (Business Development Manager)
  • Compensation: $121,200
  • Related: $0
  • Other: $15,002
Tracy Marshall (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Mccullough (Chief Marketing)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Roberts (Chief Executive Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wool.com

Where can I find the form 990 for Woolmark Americas Inc?

Woolmark Americas Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.wool.com

Learn more at the official website: www.wool.com

Mission Statement of Woolmark Americas Inc

Woolmark Americas Inc, as a mission-driven organization, represents the interests of Australian woolgrowers by creating, fostering, and sustaining demand for wool. This role is instrumental in upholding the prestige and significance of wool as a high-quality, natural fiber worldwide. The company, recognized by the globally recognized Woolmark logo, serves as a certification mark that has been applied to over five billion wool products, thereby ensuring the highest standards of wool quality.

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Impact




October, 2024

Woolmark Americas Inc plays a significant role in promoting and sustaining the wool industry by actively fostering demand for Australian wool. As the global authority on wool, the organization upholds high standards of quality through the iconic Woolmark logo, which is recognized worldwide and has been applied to over five billion wool products. This certification not only assures consumers of the quality of the wool but also supports woolgrowers in Australia by increasing the marketability of their produce.

By focusing on education and promotion, Woolmark Americas Inc engages with various sectors, including fashion and design, to showcase the versatility and sustainability of wool as a natural fiber. Their efforts not only help maintain a vital agricultural sector in Australia but also contribute to the broader arts and fashion industries by highlighting the aesthetic and functional qualities of wool.

Ultimately, the impact of Woolmark Americas Inc extends beyond economic benefits; it reinforces the value of sustainable practices in textile production while fostering an appreciation for one of the world’s finest natural fibers.




This information is meant to be a general summary of Woolmark Americas Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,402,559 (2023)
Expenses
$2,419,363 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $7,559
  • Program Service Revenue: $7,500
  • Gross Receipts: $2,402,559

Assets and Liabilities:

  • Total Assets: $239,150
  • Total Liabilities: $305,321
  • Net Assets: -$66,171

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ANNUAL FEES - APPAREL

Revenue

$7,500

Organization Details

Founding Year

1949

Principal Officer

Tracy Marshall

Main Address

99 HUDSON ST 5TH FLOOR PMB 6031, NEW YORK, NY, 10013

NTEE Category

Code: A60 - Arts

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