CINCINNATI RECYCLING AND REUSE HUB

EIN: 844850272 501(c)(3) Environment

Cincinnati, OH

Total Revenue
$525,846
Total Expenses
$501,186
Total Assets
$402,168
Net Assets
$392,323
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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
OH
Principal Officer
Max Kilb
Phone
5136299040
Tax Period
2023-01-01 to 2023-12-31

CINCINNATI RECYCLING AND REUSE HUB, founded in 2020, is a small nonprofit in the Environment sector that reported $526K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $501K left a modest 5% surplus.

Mission

To increase the landfill diversion, recycling, and reuse rates of the Greater Cincinnati area. We do this to help mitigate the effects of climate change, which disproportionately affects communities of color around the world. We find ways to send "hard-to-recycle" items for recycling, and we find places for items to be reused. Many items go to other nonprofits, but we also have items available for free to the public for reuse. In 2023, a total of 190.4 tons were diverted from the landfill.

Program Service Accomplishments

Program 1
Expenses: $57,707 Revenue: $70,513

ELECTRONICS AND UNIVERSAL WASTE RECYCLING -- 54.58 tons of electronics, including TVs, computers, fridges, freezers, audio equipment, cords, etc., sent for recycling; 7.95 tons of universal wastes...

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ELECTRONICS AND UNIVERSAL WASTE RECYCLING -- 54.58 tons of electronics, including TVs, computers, fridges, freezers, audio equipment, cords, etc., sent for recycling; 7.95 tons of universal wastes, including lightbulbs, batteries, lighting ballasts, and capacitors sent for recycling. We collect electronics and universal wastes at drop-off events and during our regular business hours at our warehouse. We charge fees for all of these items, as we have to pay fees to the recyclers we ship these items to for processing. We collect these items because they are considered hard-to-recycle and because they have hazardous components (such as lead in CRT TVs, mercury in fluorescent light bulbs, etc.). The more items we can send for recycling, the more we keep those hazardous components out of people's homes and the environment.

Program 2
Expenses: $51,041 Revenue: $53,116

BEYOND THE BIN RECYCLING AND REUSE -- 35.8 tons of post-consumer plastic (including film/bags and rigid #2-#7 and "no number" plastics) sent for recycling; 4.5 tons of Styrofoam sent for recycling...

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BEYOND THE BIN RECYCLING AND REUSE -- 35.8 tons of post-consumer plastic (including film/bags and rigid #2-#7 and "no number" plastics) sent for recycling; 4.5 tons of Styrofoam sent for recycling; 7.9 tons of shoes sent for reuse and recycling; 9.8 tons of office/school supplies given away for reuse; 3.7 tons of garden items given away for reuse; 1.3 tons of tires sent for recycling; 0.75 tons of packing materials (bubble wrap, air pillows, etc.) given away for reuse; 1528 pounds of denim sent for recycling; and over 40 tons of other items sent for recycling or reuse. We collect these "hard-to-recycle" items to help other nonprofits better fulfill their missions, to keep reusable items out of the landfill, and to decrease the amount of resources (energy, water, etc.) needed to create new items. The fewer resources we need to create new items, the less greenhouse gases are created. This will help lessen the worst effects of climate change, which disproportionately affects communities of color in the US and around the world.

Program 3
Expenses: $8,164 Revenue: $1,974

TERRACYCLE RECYCLING -- 4.79 tons of plastic packaging and other items sent to Terracycle for recycling, including Kroger brand bag packaging, oral care items (i.e. toothbrushes, toothpaste tubes...

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TERRACYCLE RECYCLING -- 4.79 tons of plastic packaging and other items sent to Terracycle for recycling, including Kroger brand bag packaging, oral care items (i.e. toothbrushes, toothpaste tubes, etc.) and packaging, deodorant packaging, Bimbo Bakeries bag packaging, Brita water filters and packaging, and many more items. We collect these "hard-to-recycle" items as a way to decrease the amount of plastic and other recyclable items sent to landfills and to increase the amounts of these items that are recycled annually. Terracycle is a for-profit company that partners with companies like Procter & Gamble, Kroger, and Colgate to help recycle the packaging from those companies' products. Terracycle pays organizations (like the Hub, schools, and scout troops) to collect the materials, whose shipping feesa are also paid by Terracycle.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $426,546
Program Service Revenue $91,298
Investment Income $3,941
Other Revenue $4,061
TOTAL REVENUE $525,846

Expense Breakdown

Grants Paid $0
Salaries & Benefits $273,827
Fundraising Expenses $0
Program Expenses $370,180
Other Expenses $227,359
TOTAL EXPENSES $501,186

Year-over-Year Comparison

2023 2022 Change
Revenue $525,846 $466,391 +0.1%
Expenses $501,186 $240,198 +1.1%
Net Income $24,660 $226,193 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
12
Volunteers
400

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
$0
Total Directors
12
$0
Key Employees
2
$84,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Colleen McSwiggin Executive Director 40
Key Emp
$42,000 $0 $42,000
Carrie Harms Warehouse Director 40
Key Emp
$42,000 $0 $42,000
Erin Fay President 2
Officer Director
$0 $0 $0
Steph Bradford Vice President 2
Officer Director
$0 $0 $0
Dave Rolfes Treasurer 2
Officer Director
$0 $0 $0
Jenny Brewer Secretary 2
Officer Director
$0 $0 $0
Devon Beck-Monahan Director 1
Director
$0 $0 $0
Amy Burke Director 1
Director
$0 $0 $0
Lisa Hebenstreit Director 2
Director
$0 $0 $0
Max Kilb Director 2.00
Officer Director
$0 $0 $0
Christen Lubbers Director 1
Director
$0 $0 $0
Mary Ann Mecher Director 1
Director
$0 $0 $0
Gwen Z Roth Director 1
Director
$0 $0 $0
Braden Trauth Director 1
Director
$0 $0 $0
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 $525,846 $501,186 $402,168 $24,660
2022 $466,391 $240,198 $375,982 $226,193
2021 $215,224 $90,042 $144,164 $125,182
2021 $215,224 $90,051 $144,164 $125,173
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