Southern Textile Association Inc

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

EIN: 560793373 ✦ Belmont, NC ✦ Designated as a 501(c)(6)

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Overview

What is Southern Textile Association Inc?

Southern Textile Association Inc is a nonprofit organization, headquartered in Belmont, North Carolina. Established with the aim of fostering camaraderie among its members, the association serves as a platform for exchanging professional knowledge and experiences in the field of textile manufacturing. It encourages various social, educational, personnel relations, research, and scientific activities to benefit its members, their companies, and the related industry. The association's annual meeting, spanning two days, offers networking opportunities, board meetings, and technical presentations, providing value to all its members.


Official website here: www.southerntextile.org

Is Southern Textile Association Inc legitimate?

Southern Textile Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Southern Textile Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.southerntextile.org

What is the mission statement of Southern Textile Association Inc?

The Southern Textile Association Inc, as outlined in its charter, is dedicated to fostering camaraderie among its members. It serves as a platform for exchanging professional knowledge and experiences in the realm of textile manufacturing. Additionally, the association strives to promote various social, educational, and research activities for the benefit of its members, their companies, and the related industry. These activities aim to enhance professional growth and contribute to the advancement of the textile sector.


Official website here: www.southerntextile.org

Who is the CEO of Southern Textile Association Inc?

Charles Poston is the President of Southern Textile Association Inc.


Official website here: www.southerntextile.org

What is the revenue of Southern Textile Association Inc?

Southern Textile Association Inc's revenue in 2023 was $216,812.


Official website here: www.southerntextile.org

Who are the executives of Southern Textile Association Inc and what are their salaries?


Here are 5 key members and their salaries:


Nathan Fisher (2Nd Vice Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Hamilton (Secratary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cameron Hamrick (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Poston (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evans Tindal (1St Vice Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.southerntextile.org

Where can I find the form 990 for Southern Textile Association Inc?

Southern Textile Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.southerntextile.org

Learn more at the official website: www.southerntextile.org

Mission Statement of Southern Textile Association Inc

Southern Textile Association Inc, as stated in its charter, is dedicated to fostering camaraderie among its members. The organization serves as a platform for exchanging professional knowledge and experiences related to textile manufacturing. Beyond this, Southern Textile Association Inc also strives to promote various social, educational, personnel relations, research, and scientific activities. These initiatives are aimed at benefiting not only its members and their respective companies but also the broader textile industry. By engaging in these activities, the association aims to contribute positively to the industry and its associated professionals.

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Impact




October, 2024

Southern Textile Association Inc significantly impacts the textile manufacturing industry by fostering good fellowship and collaboration among its members. By providing a platform for exchanging professional knowledge and experiences, the association enhances the skills and expertise within the industry.

The annual meeting, which spans two days, is a cornerstone of this initiative, promoting networking opportunities, collaborative discussions, and technical presentations that benefit all participants. This gathering allows members to stay current with industry trends, share insights, and establish valuable connections that can lead to advancements in their respective companies.

Moreover, the association supports educational and research initiatives, contributing to the overall growth and development of its members and their businesses. By focusing on these aspects, Southern Textile Association Inc plays a vital role in strengthening the textile community and driving innovation within the sector.




This information is meant to be a general summary of Southern Textile Association 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
$216,812 (2023)
Expenses
$201,871 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $3,814
  • Program Service Revenue: $212,476
  • Gross Receipts: $216,812

Assets and Liabilities:

  • Total Assets: $231,056
  • Total Liabilities: -$3,877
  • Net Assets: $234,933

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Programs

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

SEMINARS AND MEETINGS

Revenue

$170,801

MEMBERSHIP DUES

Revenue

$41,675

Organization Details

Principal Officer

Charles Poston

Main Address

PO BOX 65, BELMONT, NC, 28012

NTEE Category

Code: S41 - Community improvement

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