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Textile Exchange

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 331034726 ✦ Lamesa, TX ✦ Designated as a 501(c)(3)

Overview

What is Textile Exchange?

Textile Exchange is a nonprofit organization based in Lamesa, Texas, with an address at 511 South 1st Street. Their mission is to inspire and equip people worldwide to adopt sustainable practices within the textile industry. Through extensive discussions with farmer organizations, production companies, and other industry players in over a dozen countries, Textile Exchange aims to minimize the harmful impacts and maximize positive effects of the textile industry. Their team consists of 49 employees.


Official website here: www.textileexchange.org

Is Textile Exchange legitimate?

Textile Exchange is a legitimate nonprofit organization registered as a 501(c)(3) entity. Textile Exchange 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,681,948

For more financial information, click here


Official website here: www.textileexchange.org

What is the mission statement of Textile Exchange?

Textile Exchange is dedicated to inspiring and equipping people to adopt sustainable practices within the textile industry. Their mission is to minimize the harmful impacts and maximize positive effects of textile production for all involved worldwide. Through meetings with various players including farmer organizations and production companies in numerous countries, they aim to identify and address environmental, social, and economic challenges within the industry.


Official website here: www.textileexchange.org

Who is the CEO of Textile Exchange?

Dave Rushforth is the Director of Textile Exchange.


Official website here: www.textileexchange.org

What is the revenue of Textile Exchange?

Textile Exchange's revenue in 2022 was $20,469,136.


Official website here: www.textileexchange.org

Who are the executives of Textile Exchange and what are their salaries?

The average compensation at Textile Exchange during 2022 was $95,550. There are 49 employees at Textile Exchange.

Here are 13 key members and their salaries:

    Heather Canon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harsha Chenna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Helen Crowley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Dwyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Florian Heubrandner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karla Magruder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Mead (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil Munro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Orlando Rivera (Member At La) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Giovanni Schneider (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heinrich Schultz (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amit Shah (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marci Zaroff (Vice Chairma) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.textileexchange.org

    Where can I find the form 990 for Textile Exchange?

    The Textile Exchange’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.textileexchange.org

    Learn more at the official website: www.textileexchange.org

    Mission Statement of Textile Exchange

    Textile Exchange is a pioneering organization dedicated to inspiring and equipping individuals to adopt sustainable practices within the textile industry. Their mission is twofold: minimizing the harmful impacts and maximizing the positive effects of textile production for all involved worldwide.

    Throughout their work, Textile Exchange aims to boost the social, environmental, and economic benefits of textile manufacturing on a global scale. They have reached out to various stakeholders, including farmer organizations, production companies, and other industry players, in more than a dozen countries for in-depth discussions on the challenges they face in terms of environmental, social, and economic sustainability. By fostering collaborations and knowledge-sharing, Textile Exchange seeks to create a more sustainable and equitable textile industry for all.

    Impact

    This information is meant to be a general summary of Textile Exchange. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Textile Exchange inspires and equips people in the textile industry to increase sustainable practices, minimizing harmful impacts and maximizing positive effects. The organization works globally to enhance the social, environmental, and economic benefits of textile production for all stakeholders involved. Textile Exchange engages with farmer organizations, production companies, and other industry players in over a dozen countries, holding in-depth discussions on environmental, social, and economic challenges they face. Through its efforts, Textile Exchange contributes to improving sustainability practices and driving positive change in the textile industry worldwide.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $43,616
  • Program Service Revenue: $1,044,066
  • Gross Receipts: $22,019,296

    • Assets and Liabilities:
  • Total Assets: $16,460,908
  • Total Liabilities: $1,848,774
  • Net Assets: $14,612,134
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONFERENCE FEES

    Revenue

    $1,044,066

    Organization Details

    Founding Year

    2003

    Principal Officer

    Dave Rushforth

    Main Address

    511 SOUTH 1ST STREET, LAMESA, TX, 79331

    NTEE Category

    Code: K20 - Food

    If you are a representative of Textile Exchange and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.