Public Charity

THE CARPET & RUG INSTITUTE INC

THE CARPET & RUG INSTITUTE INC is a Public Charity headquartered in DALTON, GA. Financial data from the 2024 filing: $4.7M revenue, $6.6M expenses, $4.9M total assets.

EIN: 580511380 DALTON, GA Latest filing: 2024
Total Revenue$4.7M
Total Expenses$6.6M
Total Assets$4.9M
Grant Records0
Filing Years2019–2024

Mission

THE CARPET AND RUG INSTITUTE, INC. (CRI) WAS FORMED TO PROVIDE AN ASSOCIATION TO GATHER AND DISSEMINATE INFORMATION REGARDING LAWS, REGULATIONS, AND CONDITIONS AFFECTING THE U.S. FLOOR COVERING INDUSTRY. CRI ALSO PROMOTES AND PROVIDES VARIOUS SERVICES TO THOSE IN THE INDUSTRY. CRI'S MEMBERSHIP IS COMPOSED OF MANUFACTURING AND ASSOCIATE (NONVOTING) MEMBERS.

Where $100 goes at The Carpet & Rug Institute Inc

How The Carpet & Rug Institute Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$88 Programs the work itself
$12 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $88 for programs

$88
To gather and disseminate information for the carpet and rug industry
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Chip Howalt
DIRECTOR Daniel K Frierson
DIRECTOR Franco Rossi
DIRECTOR Jay Brown
EMPLOYEE Jennifer Stowe
VICE CHAIR Joe Semaan

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $4.7M $6.6M $4.9M
2023 $5.9M $4.5M $6.8M
2022 $2.3M $4.6M $5.6M
2020 $6.1M $6.2M $6.8M
2019 $8.7M $7.6M $7.6M

Between 2019 and 2024, reported annual revenue declined from $8.7M to $4.7M (-47%), with total assets most recently reported at $4.9M.

Interactive year-over-year charts and full filing details available with membership.

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