Textile Care Allied Trades Association Inc

Organization Overview

Textile Care Allied Trades Association Inc is located in Wesley Chapel, FL. The organization was established in 1942. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Textile Care Allied Trades Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Textile Care Allied Trades Association Inc 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 12/2021, Textile Care Allied Trades Association Inc generated $420.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $223.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION HELPS TO FURTHER THE INTEREST OF ITS MEMBERS BY PROVIDING INFORMATION REGARDING INCREASED PROFESSIONALISM THROUGH BUSINESS OPERATIONS AND SALES IMPROVEMENTS EDUCATION AND TO PROVIDE FORUMS TO ACCOMPLISH THIS MISSION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$59,916
Fundraising events$0
Related organizations$0
Government grants $26,250
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$86,166
Total Program Service Revenue$14,096
Investment income $320,406
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $420,668

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