NonprofitsComposite Recycling Technology Center

Environment

Composite Recycling Technology Center

PORT ANGELES, WA

Total revenue

$4.6M

Total expenses

$4.2M

Net assets

$2.9M

Grants received

$117K

2 grants

EIN

475271830

Tax year

2024

Mission

Drive innovation to leverage the potential of undervalued materials and waste streams to create durable, environmentally conscious products that foster economic development.

Programs

3 programs

SBIF - Small Business Innovation Fund grant to install equipment used in production of cross-laminated timbers

Expenses: $527K

SBIR - Small Business Innovation Research grant to help develop a carbon fiber cable for marine applications.

Expenses: $117K

Other program services include donations, product sales and engineering services.

Expenses: $1.5M

Financials

FY 2024

Revenue

Contributions & grants$2.9M
Program service revenue
Investment income$6K
Other revenue$1.7M
Total revenue$4.6M

Expenses

Grants paid
Salaries & benefits$2.4M
Fundraising
Other expenses$1.8M
Total expenses$4.2M
Total assets$5.1M
Net assets$2.9M

People

8 listed

NameRoleCompensation

Andy Bridge

Chairman

Board

2 hrs/wk

Tim Kirk

Treasurer

Board

2 hrs/wk

Steven Van Dyck

Director

Board

2 hrs/wk

Elizabeth Andreini

Director

Board

2 hrs/wk

Tia Benson Tolle

Director

Board

2 hrs/wk

Joe McSwiney

Director

Board

2 hrs/wk

Rahul Shendure

Director

Board

2 hrs/wk

Dave Walter

Chief Executive Officer

Staff

$168K

60 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$98K
to research and develop a prototype cultivation approach in support of subtidal oyster farming
2024
$19K
FOR RECIPIENT'S EXEMPT PURPOSE
2020

Funded by

$117K from 2 funders · 2 grants · 2020–2024

Builders Vision Foundation

$98K · 1 grant · 2024

Details

EIN475271830
NTEE codeC27
Subsection03
Ruling date2017-01
Formed2015
Employees51
Volunteers0
COMPOSITE RECYCLING TECHNOLOGY CENTER — Mission, Financials & Grants Received | Grantivo