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Nonprofit · EIN 26-0333090

FOUNDATION FOR STRATEGIC SOURCINGINC

Tax-exempt · HERNDON, VA 20170

Financials

$237K$204K2023$199K$194K2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR STRATEGIC SOURCINGINC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$199,156$194,087$5,069$129,478–$129,478
December 31, 2023990$236,820$203,971$32,849$124,409$0$124,409
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$140,220
Program service revenue
$57,143
Investment income
$1,793

Expenses

Compensation of officers, directors and key employees
$86,671
Salaries, compensation and benefits (total)
$86,671
Professional fees and payments to contractors
$55,387
Other expenses
$52,029

Balance sheet and other

Total assets, start of year
$124,409
Total assets, end of year
$129,478
Total liabilities, end of year
–
Net assets, end of year
$129,478
Cash, savings and investments
$129,478
Gross receipts
$199,156

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Michele CerminaroExecutive Dir.1$86,671
Michael SilvaSecretary1$0
Tom KentChairman1$0
Chris TaylorVice Chair1$0
Steve SchroederBoard Member1$0
Thomas CampbellTreasurer1$0
Chuck WoodsBoard Member1$0
Eric MarkosBoard Member1$0
Christine BarnhartBoard Member1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
Michele CerminaroExecutive Dir.
Officer
2$46,669
Michael SilvaSecretary
Officer
2$0
Tom KentChairman
Officer
2$0
Chris TaylorVice Chair
Officer
2$0
Steve SchroederBoard Member
Officer
1$0
Thomas CampbellTreasurer
Officer
1$0
Chris DunneBoard Member
Officer
1$0
Annette CutchensBoard Member
Officer
1$0
Chuck WoodsBoard Member
Officer
1$0
Eric MarkosBoard Member
Officer
1$0
Christine BarnhartBoard Member
Officer
1$0

Address and contacts

Address (IRS master file)
12930 WORLDGATE DR STE 200, HERNDON, VA 20170-6037
In care of
% LISA M SHAMBRO
Signed the 990-EZ
Michele Cerminaro, Executive Dir.
Phone
(571) 612-3200
Return prepared by
GoFigure Group Inc

Mission

We drive differential advantage through the creation and adoption of industry best practices and standards. We build trust and efficiency by connecting industry leaders around the topics of greatest industry interest. We encourage the formation of lasting partnerships that are based on trust, collaboration, openness and mutual benefit. We return value to our members that greatly exceeds independent capabilities.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • The organization works to establish a forum, within the consumer packaged goods industry, to coordinate the efforts of marketers, external manufacturers, and secondary packagers to share best practices towards the creation of industry standards aimed at improving efficiency and reducing supply chain costs.
  • Conferences held biannually, once in the spring and once in the fall, are designed to provide industry best practices and insight into important future developments.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-0333090
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$129,478
Income (IRS master file)
$199,156

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$199,156$194,087$129,478IRS
990December 2023$236,820$203,971$124,409XML
990December 2022$214,970$235,800$91,560IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-0333090).

Questions about FOUNDATION FOR STRATEGIC SOURCINGINC

What is the EIN of FOUNDATION FOR STRATEGIC SOURCINGINC?
The employer identification number (EIN) of FOUNDATION FOR STRATEGIC SOURCINGINC is 26-0333090.
Is FOUNDATION FOR STRATEGIC SOURCINGINC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2008.
Are donations to FOUNDATION FOR STRATEGIC SOURCINGINC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FOUNDATION FOR STRATEGIC SOURCINGINC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FOUNDATION FOR STRATEGIC SOURCINGINC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION FOR STRATEGIC SOURCINGINC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of FOUNDATION FOR STRATEGIC SOURCINGINC?
The 990-EZ for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $86,671 (Michele Cerminaro, Executive Dir.).
How much revenue does FOUNDATION FOR STRATEGIC SOURCINGINC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $199,156, expenses of $194,087 and total assets of $129,478 at year end.

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