Overview
What is National Council Of Textile Organizations?
The National Council of Textile Organizations (NCTO) is a distinguished association that represents the entire textile industry spectrum, encompassing fibers, yarns, fabrics, and suppliers. Based in Washington D.C., NCTO functions as the authoritative voice for the U.S. textile sector, advocating for its interests both domestically and internationally. The organization's unique structure allows each segment of the industry to participate in policy-making, with four separate councils representing fiber, yarn, fabric, and supplier industries. NCTO's primary role is to commission studies and engage external consultants, legal services, and firms to tackle trade issues affecting the textile industry. This proactive approach aids in monitoring market disruptions caused by imports and funding market research to address such challenges. By offering this service, NCTO benefits all its members, including manufacturers, suppliers, and affiliated businesses. Its lobbying efforts in Washington D.C., leveraged through an alliance of associations and business groups, further strengthens the U.S. textile sector's influence in national politics. Moreover, NCTO is dedicated to mobilizing global resources to preserve the textile industry, demonstrating its commitment to promoting the sector's survival and prosperity. This nonprofit organization employs a total of 5 individuals, ensuring a focused and dedicated workforce.
Official website here: www.ncto.org
Is National Council Of Textile Organizations legitimate?
National Council Of Textile Organizations is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Council Of Textile Organizations 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: $837,438
Professional Fundraising Fees: $0
Other Salaries and Wages: $426,000
For more financial information, click here
Official website here: www.ncto.org
What is the mission statement of National Council Of Textile Organizations?
The National Council of Textile Organizations (NCTO) serves as a representative body for the entire textile sector in the United States, encompassing fibers, yarn, fabric, and supplier industries. Their mission is centered around fostering strong national and international alliances to uphold the interests of the U.S. textile sector. NCTO's unique composition allows each segment of the industry to contribute to policy decisions through its four separate councils. As a lobbying group, NCTO leverages the collective influence of various associations and business groups to amplify its impact in political circles. Furthermore, NCTO mobilizes global resources to safeguard the textile sector.
Official website here: www.ncto.org
Who is the CEO of National Council Of Textile Organizations?
Augustine Tantillo is the CEO of National Council Of Textile Organizations The CEO's salary of National Council Of Textile Organizations is $183,000 and their total compensation is $183,000.
Official website here: www.ncto.org
What is the revenue of National Council Of Textile Organizations?
National Council Of Textile Organizations's revenue in 2024 was $2,861,931.
Official website here: www.ncto.org
Who are the executives of National Council Of Textile Organizations and what are their salaries?
The average compensation at National Council Of Textile Organizations during 2024 was $252,688. There are 5 employees at National Council Of Textile Organizations.
Here are 28 key members and their salaries (National Council Of Textile Organizations's CEO's salary is $183,000 and their total compensation is $183,000):
- Compensation: $591,562
- Related: $0
- Other: $38,950
- Compensation: $180,000
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- Other: $32,800
- Compensation: $183,000
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- Other: $0
- Compensation: $136,750
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- Other: $20,650
- Compensation: $135,000
- Related: $0
- Other: $0
- Compensation: $101,000
- Related: $0
- Other: $23,220
- Compensation: $101,000
- Related: $0
- Other: $11,520
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Official website here: www.ncto.org
Where can I find the form 990 for National Council Of Textile Organizations?
National Council Of Textile Organizations's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ncto.org
Learn more at the official website: www.ncto.org
Mission Statement of National Council Of Textile Organizations
The National Council of Textile Organizations (NCTO) serves as a unified representation for the entire textile sector, encompassing fibers, yarns, fabrics, and suppliers. Its mission is to foster powerful alliances at both the national and international levels, with the ultimate goal of advancing the interests of the U.S. textile industry. NCTO's unique strength lies in its composition, which grants each segment of the industry a say in shaping its policies through the four separate councils representing fiber, yarn, fabric, and supplier sectors. As a formidable lobbying group, NCTO leverages the collective influence of various associations and business groups invested in the U.S. textile sector's survival and prosperity, amplifying its impact in the halls of government. Furthermore, NCTO mobilizes global resources to preserve the sector's standing.
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Impact
October, 2024
The National Council of Textile Organizations (NCTO) plays a crucial role in advocating for the U.S. textile industry by representing a diverse range of stakeholders, from fiber producers to machinery manufacturers and suppliers. By creating a unified voice for the entire textile sector, NCTO ensures that each segment has a say in policy decisions that affect their interests.
One key impact area for NCTO is its lobbying efforts, which are directed at shaping national and international policies that benefit the U.S. textile industry. By harnessing the influence of various associations and business groups, NCTO amplifies the concerns and needs of its members in legislative discussions, thereby enhancing their competitiveness and sustainability in a global market.
Moreover, NCTO actively addresses trade issues that challenge the industry. It invests in research and analysis to monitor import disruptions, offering vital market intelligence to its members. This proactive approach aids manufacturers in navigating market challenges and fosters an environment where suppliers and affiliated members can thrive as well.
Through its structured representation, including councils for fibers, yarn, fabric, and suppliers, NCTO ensures that all voices within the textile sector are heard and considered in policy discussions. This collaborative framework not only strengthens alliances within the industry but also enhances its ability to respond to external threats and opportunities.
In essence, NCTO serves as a vital resource for advocating, researching, and facilitating partnerships that advance the interests of the U.S. textile sector, ultimately contributing to the industry's resilience and growth.
This information is meant to be a general summary of National Council Of Textile Organizations. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $161,552
- Program Service Revenue: $2,654,245
- Gross Receipts: $4,701,991
Assets and Liabilities:
- Total Assets: $5,161,394
- Total Liabilities: $352,283
- Net Assets: $4,809,111
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$2,654,245
Organization Details
Founding Year
2004
Principal Officer
Kimberly Glas
Website
www.ncto.orgNTEE Category
Code: S41 - Community improvement
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