Overview
What is Mattress Recycling Council Inc?
Mattress Recycling Council Inc is a nonprofit organization based in Alexandria, Virginia. Their mission is to establish and oversee statewide mattress recycling programs in various states, ensuring an environmentally friendly and cost-effective solution for mattress disposal. They collaborate with consumers, retailers, waste haulers, and other stakeholders to promote collection opportunities for used mattresses, as part of their commitment to waste prevention and recycling.
Official website here: www.mattressrecyclingcouncil.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Mattress Recycling Council Inc has achieved an impressive 96% rating from Charity Navigator, which reflects its strong emphasis on accountability and financial management. This high score is based entirely on the accountability and finance beacon, indicating that the organization operates with a high level of transparency and good governance.
Significant strengths of the council include having a majority of independent board members, a well-structured audit and oversight committee, and robust financial management practices. With a program expense ratio of 94.71%, the organization demonstrates a commitment to directing a substantial portion of its resources towards its mission rather than administrative costs.
However, while there are no noted limitations in the available data, the lack of reported material diversion of assets suggests a stable financial approach. Overall, the organization appears to be effectively managed and focused on its objectives, making it a reliable choice for donors looking to support mattress recycling initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Mattress Recycling Council Inc legitimate?
Mattress Recycling Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mattress Recycling Council 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mattressrecyclingcouncil.org
What is the mission statement of Mattress Recycling Council Inc?
The Mattress Recycling Council Inc strives to establish environmentally friendly and affordable programs for recycling used mattresses. In accordance with laws mandating mattress recycling, they work towards this goal in various states. Their mission also includes educating consumers, retailers, waste haulers, and others about collection opportunities for used mattresses. Additionally, they promote waste prevention and recycling to create a more sustainable approach to handling end-of-life mattresses.
Official website here: www.mattressrecyclingcouncil.org
Who is the CEO of Mattress Recycling Council Inc?
Catherine Lyons is the President of Mattress Recycling Council Inc.
Official website here: www.mattressrecyclingcouncil.org
What is the revenue of Mattress Recycling Council Inc?
Mattress Recycling Council Inc's revenue in 2022 was $45,396,663.
Official website here: www.mattressrecyclingcouncil.org
Who are the executives of Mattress Recycling Council Inc and what are their salaries?
There 15 volunteers at Mattress Recycling Council Inc.
Here are 17 key members and their salaries:
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Official website here: www.mattressrecyclingcouncil.org
Where can I find the form 990 for Mattress Recycling Council Inc?
Mattress Recycling Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mattressrecyclingcouncil.org
Learn more at the official website: www.mattressrecyclingcouncil.org
Mission Statement of Mattress Recycling Council Inc
Mattress Recycling Council Inc is a dedicated organization that strives to establish environmentally friendly and economical solutions for the recycling of mattresses. In line with state regulations mandating the recycling of used mattresses, the Council's mission is twofold: it aims to create efficient mattress recycling programs and educate various stakeholders about the collection opportunities for old mattresses.
The Council's primary focus lies in the development of statewide mattress recycling programs. Through its initiatives, it ensures that used mattresses are disposed of in an eco-friendly manner, thereby reducing the environmental impact of mattress disposal. Additionally, it offers education to consumers, retailers, waste haulers, and other relevant parties about the availability of collection opportunities for used mattresses, promoting awareness and participation in waste prevention and recycling efforts.
Mattress Recycling Council Inc plays a crucial role in the circular economy by addressing the challenges surrounding the disposal of mattresses and advocating for recycling solutions. By providing necessary resources and support, the organization encourages a responsible approach to mattress disposal and helps create a more sustainable future.
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Impact
October, 2024
Mattress Recycling Council Inc significantly impacts the environment by establishing statewide mattress recycling programs aimed at creating environmentally sound and cost-effective solutions for mattress disposal. Through its initiatives, MRC fosters increased awareness and education among consumers, retailers, and waste haulers about the importance of recycling used mattresses. This engagement enhances collection opportunities and promotes waste prevention, ultimately reducing landfill waste and encouraging responsible disposal practices. By driving these efforts, MRC contributes to a more sustainable waste management system and helps mitigate the environmental challenges posed by discarded mattresses.
This information is meant to be a general summary of Mattress Recycling Council 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $163,256
- Program Service Revenue: $45,233,407
- Gross Receipts: $63,553,866
Assets and Liabilities:
- Total Assets: $46,217,182
- Total Liabilities: $5,946,674
- Net Assets: $40,270,508
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Recycling Fee Revenue
Revenue
$45,233,407
Organization Details
Founding Year
2014
Phone
(703) 683-8371Principal Officer
Catherine Lyons
Main Address
501 WYTHE STREET, ALEXANDRIA, VA, 22314
NTEE Category
Code: C27 - Environment
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