INSTITUTE OF SCRAP RECYCLING INDUSTRIES INC

EIN: 311205596

WASHINGTON, DC

Total Revenue
$22,899,083
Total Expenses
$20,270,446
Total Assets
$45,412,170
Net Assets
$25,456,431
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
DE
Principal Officer
ROBIN WIENER
Phone
2026628523
Tax Period
2023-01-01 to 2023-12-31

INSTITUTE OF SCRAP RECYCLING INDUSTRIES INC, founded in 1987, is a mid-sized nonprofit that reported $22.9M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $20.3M left a modest 11% surplus.

Mission

TO PROMOTE THE BEST INTERESTS OF INDIVIDUALS ENGAGED IN THE RECYCLING INDUSTRY BY ADVANCING THE TRADE AND COMMERCE OF ITS MEMBERS AND DISSEMINATING INFORMATION TO ACCOMPLISH THAT GOAL. ISRI'S OPERATIONS ARE SUPPORTED PRIMARILY THROUGH MEMBERSHIP DUES, FEES CHARGED FOR SERVICES AND PROGRAMS, AND ADVERTISING INCOME.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $882,067
Program Service Revenue $19,340,485
Investment Income $851,402
Other Revenue $1,825,129
TOTAL REVENUE $22,899,083

Expense Breakdown

Grants Paid $144,831
Salaries & Benefits $8,874,055
Fundraising Expenses $0
Other Expenses $11,251,560
TOTAL EXPENSES $20,270,446

Year-over-Year Comparison

2023 2022 Change
Revenue $22,899,083 $18,334,018 +0.2%
Expenses $20,270,446 $18,912,442 +0.1%
Net Income $2,628,637 $-578,424 -5.5%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
66
Independent Members
65
Employees
65
Volunteers
310

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$987,896
Total Directors
66
$987,896
Key Employees
8
$2,198,156
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN HENESEY CHAIRMAN 16.00
Officer Director
$0 $0 $0
COLIN KELLY CHAIR ELECT 8.00
Officer Director
$0 $0 $0
ANDREW GOLDING VICE CHAIR 8.00
Officer Director
$0 $0 $0
NEIL BYCE SECRETARY TREASURER 8.00
Officer Director
$0 $0 $0
RICHARD E ABRAMS PAST PRESIDENT 1.00
Director
$0 $0 $0
GEORGE ADAMS PAST PRESIDENT 1.00
Director
$0 $0 $0
BRANT ARNOLD CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
DAN BECKER ADDITIONAL VOTING REPRESENTATIVE 1.00
Director
$0 $0 $0
JOHN BIANCULLI FERROUS DIVISION DIRECTOR 1.00
Director
$0 $0 $0
SANDY BROOKS CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
GARY CHAMPLIN PAST PRESIDENT 1.00
Director
$0 $0 $0
CHERISH CHANGALA PLASTICS DIVISION DIRECTOR 1.00
Director
$0 $0 $0
ANDY COHEN NONFERROUS DIVISION DIRECTOR 1.00
Director
$0 $0 $0
GLENN COHEN TIRE/RUBBER DIRECTOR 1.00
Director
$0 $0 $0
FRANK J COZZI PAST PRESIDENT 1.00
Director
$0 $0 $0
SEAN DAOUD DIRECTOR AT LARGE 1.00
Director
$0 $0 $0
JOEL DENBO PAST PRESIDENT 1.00
Director
$0 $0 $0
COLIN P DENIHAN CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
ADAM DUMES FERROUS DIVISION DIRECTOR 1.00
Director
$0 $0 $0
KYLE EASTMAN TIRE/RUBBER DIRECTOR 1.00
Director
$0 $0 $0
JIM FISHER PAST PRESIDENT 1.00
Director
$0 $0 $0
NEAL FREY TIRE/RUBBER DIRECTOR 1.00
Director
$0 $0 $0
ARNOLD GACHMAN PAST PRESIDENT 1.00
Director
$0 $0 $0
ANDREW GILDEIN CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
CHRISTINE GNEIDING NONFERROUS DIVISION DIRECTOR 1.00
Director
$0 $0 $0
CAP GROSSMAN PAST PRESIDENT 1.00
Director
$0 $0 $0
PAUL HARDISON CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
BRANDI M HARLEAUX DIRECTOR AT LARGE 1.00
Director
$0 $0 $0
MICHAEL HENDERSON CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
TROY HESS TIRE/RUBBER DIRECTOR 1.00
Director
$0 $0 $0
DOUGLAS KRAMER PAST PRESIDENT 1.00
Director
$0 $0 $0
DAVID KRENTZMAN CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
KEVIN LAMAR ELECTRONICS DIVISION DIRECTOR 1.00
Director
$0 $0 $0
JONATHAN LEVY DIVISION DIRECTOR 1.00
Director
$0 $0 $0
IAN LEWANDOWSKI ASSOCIATE DIRECTOR 1.00
Director
$0 $0 $0
MARK R LEWON PAST PRESIDENT 1.00
Director
$0 $0 $0
ANDREW LINCOLN DIRECTOR AT LARGE 1.00
Director
$0 $0 $0
JACQUELINE LOTZKAR CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
DONALD J MAJKA PAPER DIVISION DIRECTOR 1.00
Director
$0 $0 $0
TAMARA MAYBERRY PAPER DIVISION DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL A MILLER CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
JIM NEIDERT CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
JOHNNY NEWSOME PAPER DIVISION DIRECTOR 1.00
Director
$0 $0 $0
SHELLEY E PADNOS PAST PRESIDENT 1.00
Director
$0 $0 $0
ERIC PHILLIPS CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
AARON PLITT DIRECTOR AT LARGE 1.00
Director
$0 $0 $0
REBECCA PROLER CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
BRET H ROBINSON CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
BENJAMIN ROSEN CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
JOHN SACCO PAST PRESIDENT 1.00
Director
$0 $0 $0
SCOTT SAUNDERS PLASTICS DIVISION DIRECTOR 1.00
Director
$0 $0 $0
ALTON SCHAUBHUT ADDITIONAL VOTING REPRESENTATIVE 1.00
Director
$0 $0 $0
ADAM SHINE ELECTRONICS DIVISION DIRECTOR 1.00
Director
$0 $0 $0
BRIAN K SHINE PAST PRESIDENT 1.00
Director
$0 $0 $0
SHAWN STATE CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
BILL SULAK CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
AARON THOMAS CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
RENEE TOY CHAPTER PRESIDENT 1.00
Director
$0 $0 $0
NIDHI MUKESH TURAKHIA DIRECTOR AT LARGE 1.00
Director
$0 $0 $0
ANDY WAHL DIRECTOR AT LARGE 1.00
Director
$0 $0 $0
ROBIN WIENER EX OFFICIO/ PRESIDENT 32.00
Officer Director
$923,000 $64,896 $987,896
CHARLES WILLIAMS PAST PRESIDENT 1.00
Director
$0 $0 $0
JAMES K WISEMAN III FERROUS DIVISION DIRECTOR 1.00
Director
$0 $0 $0
BARRY WOLFF ADDITIONAL VOTING REPRESENTATIVE 1.00
Director
$0 $0 $0
MATTHEW YOUNG ELECTRONICS DIVISION DIRECTOR 1.00
Director
$0 $0 $0
LEONARD ZEID DIRECTOR AT LARGE 1.00
Director
$0 $0 $0
CHERYL COLEMAN SR. VP 37.50
Key Emp
$313,500 $34,064 $347,564
HOLLY ARTHUR COO, RP 37.50
Key Emp
$295,980 $41,684 $337,664
HEATHER LYONS GENERAL COUNSEL 37.50
Key Emp
$245,972 $50,495 $296,467
MOJISOLA ERINLE CFO 37.50
Key Emp
$234,427 $50,377 $284,804
OLGA ZAMORA VP, HR 37.50
Key Emp
$194,037 $39,902 $233,939
BRIANA GIANTI-PATE VP, MEMBERSHIP 37.50
Key Emp
$211,004 $29,371 $240,375
JASON GLEI VP, MARKETING & SALES 37.50
Key Emp
$196,596 $43,870 $240,466
REBECCA TURNER VP, EDUCATION & EVENTS 37.50
Key Emp
$192,731 $24,146 $216,877
WILLIAM JOHNSON CHIEF LOBBYIST 37.50
Highest
$209,800 $27,984 $237,784
FREDERICK FOREMAN DIRECTOR, LAW ENFORCEMENT OUTREACH 37.50
Highest
$176,750 $27,803 $204,553
JOSEPH PICKARD CHIEF ECONOMIST 37.50
Highest
$177,645 $43,736 $221,381
DAVID WAGGER CHIEF SCIENTIST 37.50
Highest
$185,476 $45,146 $230,622
SOLOME SISSAY SR. DIRECTOR OF ACCOUNTING 37.50
Highest
$143,000 $23,247 $166,247
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $22,899,083 $20,270,446 $45,412,170 $2,628,637
2022 $18,334,018 $18,912,442 $36,695,158 $-578,424
2021 $10,551,823 $12,509,070 $37,835,714 $-1,957,247
2020 $14,010,493 $12,246,746 $33,830,328 $1,763,747
2019 $15,914,231 $15,986,906 $32,097,185 $-72,675
2019 $15,914,231 $15,986,906 $32,097,185 $-72,675
2018 $15,092,122 $15,342,231 $28,792,680 $-250,109
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