Civic Intelligence

The Carpet & Rug Institute Inc

EIN 58-0511380 • 501(c)6 • Dalton, GA

Profile

The carpet and rug institute, inc. (cri) was formed to provide an association to gather and disseminate information regarding laws, regulations, and conditions affecting the u.s. Floor covering industry. Cri also promotes and provides various services to those in the industry. Cri's membership is composed of manufacturing and associate (nonvoting) members.

100 South Hamilton StreetDalton, GA 30722

www.carpet-rug.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

47th percentile

0.13x

Higher debt load relative to assets than 47% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

46th percentile

0.14x

Higher debt load relative to revenue than 46% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

3rd percentile

-42%

Higher net margin than 3% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

88th percentile

$303,417

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

5th percentile

-28%

Faster asset growth than 5% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-21%

Faster revenue growth than 7% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$4,883,026

Down $1,894,297 (-28%) from 2023

Liabilities

Up

$639,026

Up $23,624 (+3.8%) from 2023

Net Assets

Down

$4,244,000

Down $1,917,921 (-31%) from 2023

Revenue

Down

$4,661,013

Down $1,243,312 (-21%) from 2023

Expenses

Up

$6,611,628

Up $2,079,994 (+46%) from 2023

Net Income

Down

-$1,950,615

Down $3,323,306 (-242%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2014: $7,450,416Liabilities 2014: $1,061,218Net Assets 2014: $6,389,1982014Assets 2015: $4,258,791Liabilities 2015: $1,033,512Net Assets 2015: $3,225,2792015Assets 2016: $5,062,144Liabilities 2016: $1,749,683Net Assets 2016: $3,312,4612016Assets 2017: $6,369,049Liabilities 2017: $1,661,391Net Assets 2017: $4,707,6582017Assets 2018: $6,458,072Liabilities 2018: $941,581Net Assets 2018: $5,516,4912018Assets 2019: $7,566,787Liabilities 2019: $969,767Net Assets 2019: $6,597,0202019Assets 2020: $6,778,536Liabilities 2020: $304,910Net Assets 2020: $6,473,6262020Assets 2021: $7,916,112Liabilities 2021: $508,123Net Assets 2021: $7,407,9892021Assets 2022: $5,550,765Liabilities 2022: $724,084Net Assets 2022: $4,826,6812022Assets 2023: $6,777,323Liabilities 2023: $615,402Net Assets 2023: $6,161,9212023Assets 2024: $4,883,026Liabilities 2024: $639,026Net Assets 2024: $4,244,0002024

Highlighted filing

2024

Assets$4,883,026
Liabilities$639,026
Net Assets$4,244,000

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2014: $4,154,796Expenses 2014: $4,601,328Net Income 2014: -$446,5322014Revenue 2015: $5,263,926Expenses 2015: $8,427,849Net Income 2015: -$3,163,9232015Revenue 2016: $8,493,071Expenses 2016: $8,405,889Net Income 2016: $87,1822016Revenue 2017: $8,529,259Expenses 2017: $7,134,062Net Income 2017: $1,395,1972017Revenue 2018: $7,967,436Expenses 2018: $7,158,603Net Income 2018: $808,8332018Revenue 2019: $8,712,284Expenses 2019: $7,631,755Net Income 2019: $1,080,5292019Revenue 2020: $6,099,937Expenses 2020: $6,223,331Net Income 2020: -$123,3942020Revenue 2021: $6,354,333Expenses 2021: $5,259,950Net Income 2021: $1,094,3832021Revenue 2022: $2,346,028Expenses 2022: $4,637,692Net Income 2022: -$2,291,6642022Revenue 2023: $5,904,325Expenses 2023: $4,531,634Net Income 2023: $1,372,6912023Revenue 2024: $4,661,013Expenses 2024: $6,611,628Net Income 2024: -$1,950,6152024

Highlighted filing

2024

Revenue$4,661,013
Expenses$6,611,628
Net Income-$1,950,615

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 29, 2025
Return Version
2024v5.2
Gross Receipts
$4,661,013
Mission and Program Overview

Mission

The carpet and rug institute, inc. (cri) was formed to provide an association to gather and disseminate information regarding laws, regulations, and conditions affecting the u.s. Floor covering industry. Cri also promotes and provides various services to those in the industry. Cri's membership is composed of manufacturing and associate (nonvoting) members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,153,587$2,343,542▲ $1,189,955
Cash and Non-Interest-Bearing Accounts$4,745,475$1,319,882▼ $3,425,593
Savings and Temporary Cash Investments$244,898$493,440▲ $248,542
Land, Buildings, and Equipment, Net$472,065$453,703▼ $18,362
Prepaid Expenses and Deferred Charges$124,715$166,157▲ $41,442
Accounts Receivable$36,583$106,302▲ $69,719
Total Assets$6,777,323$4,883,026▼ $1,894,297
Liabilities
Accounts Payable and Accrued Expenses$179,872$404,181▲ $224,309
Deferred Revenue$435,530$234,845▼ $200,685
Total Liabilities$615,402$639,026▲ $23,624
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,161,921$4,244,000▼ $1,917,921
Total Net Assets Fund Balance$6,161,921$4,244,000▼ $1,917,921
Total Liabilities and Net Assets / Fund Balance$6,777,323$4,883,026▼ $1,894,297

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$414,418$296,012$710,430
Equipment$28,735$226,796$255,531
Other Land Buildings$3,154$48,194$51,348
Leasehold Improvements$7,396$13,325$20,721
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kurt R DelozierCEOFT$263,114$40,303$303,417
Jennifer StoweEmployeeFT$232,783$35,683$268,466
Ryan WilliamsEmployeeFT$126,455$40,438$166,893
Susan NewberryCFOFT$131,374$23,531$154,905

Board Members and Trustees

NameTitle
Tom PendleyChair
Joe SemaanVice Chair
Chip HowaltDirector
Daniel K FriersonDirector
Franco RossiDirector
Jay BrownDirector
Patrick KeeseDirector
Robert ShawDirector
Tim BaucomDirector
Winn EverhartDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Thomson Weir LLCPublic Relations420 WEST CAPITOL AVE STE 4, Springfield, IL 62704$335,500
Kp Public AffairsPublic Relations621 CAPITOL MALL STE 1900, Sacramento, CA 95814$110,632
Revenue and Support

Revenue Composition

Contributions and Grants
$2,443,727
Program Service Revenue
$2,052,608
Investment Income
$164,678
Other Revenue
$0
Change in Net Assets
$-1,950,615

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,640,122
Revenue Not Reported on Financial Statements
$20,890
Revenue Not Reported on Form 990
$53,584
Total Revenue per Audited Statements
$4,693,706
Total Revenue per Form 990
$4,661,012
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,263,422
Salaries, Compensation, and Employee Benefits$1,348,206
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$494,766$258,959-$753,725
Other Salaries and Wages$273,984$68,496-$342,480
Pension Plan Contributions$62,613$26,433-$89,046
Fees for Services Legal-$87,063-$87,063
Other Employee Benefits$53,594$30,014-$83,608
Payroll Taxes$55,500$23,847-$79,347
Information Technology-$69,563-$69,563
Fees for Services Accounting-$67,828-$67,828
Occupancy-$49,590-$49,590
All Other Expenses$21,047$18,829-$39,876
Other Expenses$2,967$26,699-$29,666
Travel$11,302$17,287-$28,589
Depreciation Depletion-$27,283-$27,283
Conferences and Meetings$13,062$1,451-$14,513
Insurance$5,802$2,487-$8,289
Office Expenses-$7,501-$7,501
Total Functional Expenses$5,783,298$828,330$0$6,611,628

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,611,628
Total Expenses per Audited Statements$6,611,628
Total Expenses per Form 990$6,611,628
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Classes of members or stockholders: carpet and related industries are members.

Form 990, Part VI, Section A, Line 7A

Manufacturing members can vote for the board of directors. The associate members are non-voting members.

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed by the chief executive officer before it is filed, and a copy is provided to the board of directors for approval.

Form 990, Part VI, Section B, Line 15

The chairman of the board along with the board of directors determine the compensation for the ceo. They evaluate comparable salary arrangements based on education, experience and cost of living. The executive director determines the compensation for all other employees. The executive director evaluates comparable salary arrangements based on education, experience and cost of living. The board of directors does approve the budget after reviewing the budget by line/account on an annual basis.

Form 990, Part VI, Section C, Line 19

Copy of the organization's form 990 and audited financial statements are kept on site and anyone requesting a copy can pick up the copies at the corporate offices or copies will be mailed upon request.

Filing and Contact Details

Filer

Filer Name
The Carpet & Rug Institute Inc
EIN
58-0511380
Phone
7064282130
Address
100 SOUTH HAMILTON STREET, DALTON, GA 30722

Signing Officer

Name
Susan Newberry
Title
CFO
Phone
7064282114
Signed
2025-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Russ Delozier
Formed
1945
Legal Domicile
Ga
Voting Board Members
12
Independent Board Members
12
Employees
11
Volunteers
20

Preparer

Firm
Nichols Cauley & Associates LLC
Address
PO BOX 2644, DALTON, GA 30722
Preparer
Mark Krueger CPA
Phone
7062782834
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No changes from prior year applied

Raw XML AppendixShowing 400 of 544 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/InfoInScheduleOPartXIIInd0X
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IRS990/InsuranceGrp/ManagementAndGeneralAmt02487
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IRS990/MembersOrStockholdersInd01
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE CARPET AND RUG INSTITUTE, INC. (CRI) WAS FORMED TO PROVIDE AN ASSOCIATION TO GATHER AND DISSEMINATE INFORMATION REGARDING LAWS, REGULATIONS, AND CONDITIONS AFFECTING THE U.S. FLOOR COVERING INDUSTRY. CRI ALSO PROMOTES AND PROVIDES VARIOUS SERVICES TO THOSE IN THE INDUSTRY. CRI'S MEMBERSHIP IS COMPOSED OF MANUFACTURING AND ASSOCIATE (NONVOTING) MEMBERS.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYOtherRevenueAmt00
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IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2126455
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3131374
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt30
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20

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