The Carpet & Rug Institute Inc

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

EIN: 580511380 ✦ Dalton, GA ✦ Designated as a 501(c)(6)

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Overview

What is The Carpet & Rug Institute Inc?

The Carpet & Rug Institute Inc, located in Dalton, Georgia, serves as a nonprofit association for the U.S. floor covering industry. Established with the purpose of gathering and disseminating relevant information about laws, regulations, and industry conditions, the organization also offers various services to its members. Its membership comprises both manufacturing and associate (non-voting) members, providing a platform for collaboration and support within the industry. With a modest workforce of 11 individuals, The Carpet & Rug Institute Inc works tirelessly to maintain an informed and connected community within the floor covering sector.


Official website here: www.carpet-rug.com

What do the Facebook reviews say about The Carpet & Rug Institute Inc?

94% of 16 reviewers on Facebook recommend The Carpet & Rug Institute Inc. Here is a summary of their reviews:

Many users highlight the informative nature of the resources provided by the nonprofit, indicating a strong appreciation for the knowledge shared regarding carpet and rug care. The organization's focus appears to connect deeply with those looking to understand proper maintenance and cleaning techniques.

While specific user experiences mentioned beyond the general positive sentiment were limited, the overall impression suggests that individuals find value in the guidance offered, making the institute a respected source within its field.


This AI summary has been generated from reviews found on Facebook.

Is The Carpet & Rug Institute Inc legitimate?

The Carpet & Rug Institute Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Carpet & Rug Institute 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: $816,390
Professional Fundraising Fees: $0
Other Salaries and Wages: $433,229

For more financial information, click here


Official website here: www.carpet-rug.com

What is the mission statement of The Carpet & Rug Institute Inc?

The Carpet and Rug Institute Inc., established with a membership comprising both manufacturing and associate members, was formed with the objective of gathering and disseminating information pertaining to laws, regulations, and industry conditions affecting the U.S. floor covering sector. The organization actively promotes and offers various services to individuals within the industry. Its primary purpose is to serve as a platform for sharing knowledge and resources, thereby providing support to those engaged in the floor covering industry.


Official website here: www.carpet-rug.com

Who is the CEO of The Carpet & Rug Institute Inc?

Russ Delozier is the Principal Officer of The Carpet & Rug Institute Inc. The CEO's salary of The Carpet & Rug Institute Inc is $368,076 and their total compensation is $411,283.


Official website here: www.carpet-rug.com

What is the revenue of The Carpet & Rug Institute Inc?

The Carpet & Rug Institute Inc's revenue in 2022 was $2,346,028.


Official website here: www.carpet-rug.com

Who are the executives of The Carpet & Rug Institute Inc and what are their salaries?

The average compensation at The Carpet & Rug Institute Inc during 2022 was $113,602. There are 11 employees and 20 volunteers at The Carpet & Rug Institute Inc.


Here are 15 key members and their salaries (The Carpet & Rug Institute Inc's CEO's salary is $368,076 and their total compensation is $411,283):


Tom Pendley (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curt Hutchins (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Franco Rossi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James R Mccallum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Ammen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chip Howalt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Baucom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel K Frierson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard French (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph W Yarbrough (Ceo)
  • Compensation: $368,076
  • Related: $0
  • Other: $43,207
Susan Newberry (Cfo)
  • Compensation: $119,872
  • Related: $0
  • Other: $22,571
Ryan Williams (Employee)
  • Compensation: $114,560
  • Related: $0
  • Other: $39,218
Jennifer Stowe (Employee)
  • Compensation: $213,882
  • Related: $0
  • Other: $42,225


Official website here: www.carpet-rug.com

Where can I find the form 990 for The Carpet & Rug Institute Inc?

The Carpet & Rug Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.carpet-rug.com

Learn more at the official website: www.carpet-rug.com

Mission Statement of The Carpet & Rug Institute Inc

The Carpet & Rug Institute Inc, an association in the floor covering industry, was established with a mission to gather and disseminate relevant information regarding laws, regulations, and industry conditions. This nonprofit organization also promotes and offers various services to its members, which primarily consist of manufacturing and associate (non-voting) members. By providing this platform, The Carpet & Rug Institute Inc aims to support and strengthen the U.S. floor covering industry as a whole.

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Impact




October, 2024

The Carpet & Rug Institute Inc plays a crucial role in the U.S. floor covering industry by serving as a central hub for information related to laws, regulations, and industry conditions. By gathering and disseminating vital data, CRI helps member manufacturers and associates navigate the complexities of the market. This support fosters a more informed industry, promoting best practices and compliance with regulatory standards. Additionally, CRI provides various services that enhance the operational capabilities of its members, thereby driving innovation and improving quality within the carpet and rug sector. Through its efforts, CRI contributes to the overall growth and sustainability of the floor covering industry.




This information is meant to be a general summary of The Carpet & Rug Institute 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
$2,346,028 (2022)
201120122013201420152016201720182019202020212022$0$2.5M$5M$7.5M$10M
Expenses
$4,637,692 (2022)
201120122013201420152016201720182019202020212022$0$2.5M$5M$7.5M$10M
Efficiency
2011201220132014201520162017201820192020202120220%15%30%54%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $41,038
  • Program Service Revenue: $1,989,190
  • Gross Receipts: $3,088,213

Assets and Liabilities:

  • Total Assets: $5,550,765
  • Total Liabilities: $724,084
  • Net Assets: $4,826,681

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Programs

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

PROG.SERV.REVENUE-RELA

Revenue

$1,989,190

Organization Details

Founding Year

1945

Principal Officer

Russ Delozier

Main Address

100 SOUTH HAMILTON STREET, DALTON, GA, 30722

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