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Composite Recycling Technology Center

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

EIN: 475271830 ✦ Port angeles, WA ✦ Designated as a 501(c)(3)

Overview

What is Composite Recycling Technology Center?

The Composite Recycling Technology Center is a nonprofit organization based in Port Angeles, Washington, with a ZIP code of 98363. Their primary mission is the recycling and repurposing of carbon fiber scrap, with the ultimate goal of reducing landfill waste and providing employment opportunities. With the aid of a CEF4 Clean Energy Fund 4 grant, they have made significant progress in 2022 and are investing in capital equipment for the re-purposing and manufacturing of carbon composite scrap. This initiative is scheduled to be completed by December 31, 2023. The organization currently employs 30 individuals in its operations.


Is Composite Recycling Technology Center legitimate?

Composite Recycling Technology Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Composite Recycling Technology Center 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: $113,335
Professional Fundraising Fees: $0
Other Salaries and Wages: $798,636

For more financial information, click here


What is the mission statement of Composite Recycling Technology Center?
Who is the CEO of Composite Recycling Technology Center?
What is the revenue of Composite Recycling Technology Center?
Who are the executives of Composite Recycling Technology Center and what are their salaries?
Where can I find the form 990 for Composite Recycling Technology Center?

Mission Statement of Composite Recycling Technology Center

The Composite Recycling Technology Center, a pioneering entity, is dedicated to the recycling and repurposing of carbon fiber scrap materials. This mission aims to mitigate landfill waste and create employment opportunities. By utilizing grant funds from CEF4, the organization has made considerable progress in 2022, with plans to complete its projects by December 31, 2023. The Composite Recycling Technology Center's efforts are geared towards transforming discarded carbon composite scrap into reusable materials, thereby contributing to a more sustainable future.

Impact

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




Tuesday, June 18, 2024

The Composite Recycling Technology Center has made a significant impact by recycling and re-purposing carbon fiber scrap material. Through the utilization of Clean Energy Fund 4 grant monies, the Center has invested in capital equipment to support the manufacturing and re-purposing of carbon composite scrap. This initiative not only helps in reducing landfill waste but also provides employment opportunities. With substantial progress made in 2022, the Center's efforts are instrumental in contributing positively to the environment and creating a sustainable future.





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: $2,217
  • Program Service Revenue: $0
  • Gross Receipts: $2,856,391

    • Assets and Liabilities:
  • Total Assets: $3,654,591
  • Total Liabilities: $2,111,705
  • Net Assets: $1,542,886
  • Organization Details

    Founding Year

    2015

    Principal Officer

    Dave Walter

    Main Address

    2220 W 18th Street, Port Angeles, WA, 98363

    NTEE Category

    Code: C27 - Environment

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