Textile Bag & Packaging Association
- Assets
- $19.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milton, MA
- Founding
- 07/1970
- Data as of
- 12/2022
- EIN
- 11-1116014
Organization Overview
Textile Bag & Packaging Association is located in Milton, MA. The organization was established in 1970. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Textile Bag & Packaging Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Textile Bag & Packaging Association generated $74.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $81.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FALL MEETING AND NETWORKING EVENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Diaz Director (until 10/2022) | 1 | $0 | |
Darin Justus Director (until 10/2022) | 1 | $0 | |
Jose Garcia Director (until 10/2022) | 1 | $0 | |
Ed Rochman Director (until 10/2022) | 1 | $0 | |
Joe Carr Director (until 10/2022) | 1 | $0 | |
Punit Gopalka Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,200 |
| Total Program Service Revenue | $22,120 |
| Membership dues | $46,075 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,398 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,000 |
| Professional fees and other payments to independent contractors | $4,240 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,512 |
| Total expenses | $81,752 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,125 |
| Other assets | $0 |
| Total assets | $19,875 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,875 |