Overview
What is The Handcrafted Soap & Cosmetic Guild Inc?
The Handcrafted Soap & Cosmetic Guild Inc, based in Saratoga Springs, New York, serves as a pivotal entity within the handcrafted soap industry. With a mission to promote this sector, it acts as a communication hub for soapmakers, circulating beneficial information to its members. To ensure the industry's growth and protection, the Guild provides group property, casualty, and product liability insurance, collecting and remitting premiums to an insurance carrier. With a modest workforce of five employees, the Guild plays a significant role in supporting and safeguarding the handcrafted soap and cosmetic industry.
Official website here: www.soapguild.org
What do the Facebook reviews say about The Handcrafted Soap & Cosmetic Guild Inc?
96% of 75 reviewers on Facebook recommend The Handcrafted Soap & Cosmetic Guild Inc. Here is a summary of their reviews:
Many users express a strong appreciation for the wealth of information provided by this organization, highlighting its significant role in the handcrafted soap and cosmetics community. The positive sentiment reflects how well the guild supports its members, offering valuable resources and guidance.
Overall, the overwhelming majority of reviewers feel this nonprofit truly enhances their knowledge and skills, proving to be a vital asset in the industry. Members appreciate the community and support that comes from being part of this guild, further indicating a high level of satisfaction with their services.
This AI summary has been generated from reviews found on Facebook.
Is The Handcrafted Soap & Cosmetic Guild Inc legitimate?
The Handcrafted Soap & Cosmetic Guild Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Handcrafted Soap & Cosmetic Guild 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: $414,784
For more financial information, click here
Official website here: www.soapguild.org
What is the mission statement of The Handcrafted Soap & Cosmetic Guild Inc?
The Handcrafted Soap & Cosmetic Guild Inc's mission is centered around promoting the handcrafted soap industry. They serve as a platform for communication among soapmakers, fostering a sense of unity within the industry. Furthermore, the Guild is committed to disseminating beneficial information that can aid soapmakers in their craft. In addition to its promotional and communicative roles, the Guild also provides group insurance coverage for its members by collecting and paying premiums to an insurance carrier.
Official website here: www.soapguild.org
What is the revenue of The Handcrafted Soap & Cosmetic Guild Inc?
The Handcrafted Soap & Cosmetic Guild Inc's revenue in 2024 was $2,360,395.
Official website here: www.soapguild.org
Who are the executives of The Handcrafted Soap & Cosmetic Guild Inc and what are their salaries?
The average compensation at The Handcrafted Soap & Cosmetic Guild Inc during 2024 was $69,131. There are 6 employees at The Handcrafted Soap & Cosmetic Guild Inc.
Here are 6 key members and their salaries:
- Compensation: $152,030
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.soapguild.org
Where can I find the form 990 for The Handcrafted Soap & Cosmetic Guild Inc?
The Handcrafted Soap & Cosmetic Guild Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.soapguild.org
Learn more at the official website: www.soapguild.org
Mission Statement of The Handcrafted Soap & Cosmetic Guild Inc
The Handcrafted Soap & Cosmetic Guild Inc serves a vital role in promoting the handcrafted soap industry. As a central hub of communication among soapmakers, this organization actively circulates beneficial information to its members. Its mission is multifaceted, encompassing not only the promotion of the handcrafted soap industry but also acting as a mediator between soapmakers. The Guild's purpose is to provide valuable resources and support to soapmakers, thereby fostering a thriving and connected community within this niche industry.
In addition to its promotional and communication roles, The Handcrafted Soap & Cosmetic Guild Inc also offers insurance coverage to its members. This insurance protection, which includes group property, casualty, and product liability, offers peace of mind to soapmakers, ensuring they are covered against potential liabilities and risks that come with running a business in this sector. By providing this crucial service, the Guild demonstrates its commitment to the well-being and success of its members, further solidifying its status as a vital resource for the handcrafted soap industry.
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Impact
October, 2024
The Handcrafted Soap & Cosmetic Guild Inc significantly impacts the handcrafted soap industry by promoting its growth and development. It serves as a vital communication hub for soapmakers, fostering connections and collaboration among members. By circulating beneficial information, the Guild enhances industry knowledge and practices, helping artisans succeed in their craft.
Additionally, the Guild supports its members through collective property, casualty, and product liability insurance, offering peace of mind that allows soapmakers to focus on creativity and quality. This comprehensive support not only strengthens individual businesses but also contributes to the overall improvement of the handcrafted soap community in Saratoga Springs, NY, and beyond. Through these efforts, the Guild plays a critical role in elevating the profile of handcrafted products and ensuring the sustainability of the industry.
This information is meant to be a general summary of The Handcrafted Soap & Cosmetic Guild 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 2024.
- Program Service Revenue: $1,498,169
- Gross Receipts: $2,365,562
Assets and Liabilities:
- Total Assets: $308,149
- Total Liabilities: $153,137
- Net Assets: $155,012
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSURANCE PROGRAM FEES
Revenue
$1,312,188
ANNUAL CONFERENCE FEES
Revenue
$184,236
CERTIFICATION
Revenue
$1,745
Organization Details
Founding Year
1998
Principal Officer
Leigh O'Donnell
Website
www.soapguild.orgNTEE Category
Code: S40 - Community improvement
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