NATIONAL COUNCIL OF TEXTILE ORGANIZATIONS Charity Report

Public IRS 990 nonprofit record

NATIONAL COUNCIL OF TEXTILE ORGANIZATIONS

EIN 20-0767664 · Chambers of Commerce & Business Leagues (S41)

What they do

The National Council of Textile Organizations is A Unique Association Representing The Entire Spectrum of The Textile Sector. From Fibers to Finished Products, From Machinery Manufacturers to Power Suppliers, NCTO is The Voice of The U.S. Textile Industry.NCTOs Mission is Focused On Creating Powerful National and International Alliances to Advance The Interests of The U.S. Textile Sector. As An Organization, It is Unrivaled In Its Composition Which Allows Each Segment of The Industry to Have A Vote In Determining NTCO Policy. The Centerpiece of NCTO is The Four Separate Councils Representing The Fiber, Yarn, Fabric, and Supplier Industries, Each With Its Own Board Representation. As A Lobbying Group, NCTO is Harnessing The Influence of An Array of Associations and Business Groups That Have A Stake In The Survival and Prosperity of The U.S. Textile Sector to Leverage Our Impact In The Halls of Our Nations Capital. NCTO is Also Mobilizing Global Resources In Its Efforts to Preserve The

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Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders27 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$99.27spent for every $100 of revenueRevenue covered expenses this year.

$2.14in assets for every $1 spent this yearSome assets cannot be spent right away.

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Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $734,750 for KIMBERLY GLAS (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$2,866,477

Expenses$2,845,449

Annual surplus $21,028 Revenue was higher than expenses for this filing year.

See all reported dollar amounts

Revenue$2,866,477

Expenses$2,845,449

Assets$6,078,447

Income$4,674,670

Grants given$50,000

Average grant$12,500

Stocks and bonds$2,778,341

Accounting fees$9,070

Investing fees$42,856

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KIMBERLY GLASPRESIDENT & CEO · 40 hrs/week $734,750Base $692,450 · Other $42,300

MERL T ETHINGTONRole not listed · 40 hrs/week $237,300Base $200,000 · Other $37,300

AUGUSTINE TANTILLOPRESIDENT & CEO · 40 hrs/week $183,000

KRISTI L ELLISRole not listed · 40 hrs/week $171,600Base $148,000 · Other $23,600

SARA BEATTYSECRETARY · 40 hrs/week $140,000

ROBIN HAYNESTREASURER · 40 hrs/week $132,500Base $108,000 · Other $24,500

REBECCA TANTILLORole not listed · 40 hrs/week $123,080Base $110,000 · Other $13,080

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (27)

KIMBERLY GLASPRESIDENT & CEO

MERL T ETHINGTON

AUGUSTINE TANTILLOPRESIDENT & CEO

KRISTI L ELLIS

SARA BEATTYSECRETARY

ROBIN HAYNESTREASURER

REBECCA TANTILLO

WALTER SPIEGELDIRECTOR

ALLEN JACOBYDIRECTOR

TODD BASSETTDIRECTOR

MARVIN SMITHDIRECTOR

MARK DOYONDIRECTOR

MARISA FUMEI-SOUTHDIRECTOR

LEIB OEHMIGDIRECTOR

JUSTIN FERDINANDDIRECTOR

JOHN FREEMANDIRECTOR

JIM REEDDIRECTOR

JAY TODDDIRECTOR

JAMES MCKINNONDIRECTOR

GREG DUNCANDIRECTOR

GEOFFREY HIETPASDIRECTOR

ERIC NOEDIRECTOR

EDDIE INGLEDIRECTOR

DAN RUSSIANDIRECTOR

CHUCK HALLVICE CHAIRMAN

CHARLES HEILIGCHAIRMAN

BLAKE MILLINORDIRECTOR

About this charity

Recognized since: January 2006
Location: PO BOX 1090, CHERRYVILLE, NC 28021-1090
County: District of Columbia
In care of: % CLYDE ARROWOOD
Primary officer: ROBIN HAYNES, Treasurer

How to reach them

WebsiteVisit the charity’s website Phone(704) 824-3522

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: ARROWOOD & ASSOCIATES PA
NTEE classification: Chambers of Commerce & Business Leagues (S41)
IRS tax category: Chambers of Commerce & Business Leagues
Grant-giving organization: Yes