NAEIR President Gary C. Smith discusses Needs of Nonprofits, Schools & Small Business with Congresswoman Bustos

—– Cheri Bustos, in 7th Week as 17th District IL Congresswoman visits NAEIR before delivering Galesburg Chamber Keynote —–Galesburg, Illinois – Thursday, February 21, 2013 – U.S. Congresswoman Cheri Bustos traveled to Galesburg, IL to visit NAEIR .The Congresswoman toured NAEIR’s facility accompanied by the organization’s president and CEO Gary C. Smith.  Ms. Bustos greeted…

Read Entire Post »

MANUFACTURING.NET Features NAEIR – “Extra Inventory? Donate It”

Breaking News!Manufacturing .net, the “leading source for manufacturing news and insight” just featured an article about NAEIR, written by Gary C. Smith, NAEIR’s President and CEO —Extra Inventory? Donate It…In a nutshell, it’s about corporations that support charities, clear space and get tax breaks by donating excess inventory…“Companies like Microsoft, Stanley Tools, 3M, Newell Rubbermaid,…

Read Entire Post »

Keep More of Your Profits: A Deduction You Might Not Be Aware Of

As 2012 draws to a close, many businesses are getting ready to file their taxes, but thousands of those companies will overlook a deduction that could have a major impact on their bottom line.By donating its excess, nonmoving inventory to charity, a corporation can earn an above-cost federal tax deduction, under Internal Revenue Code Section…

Read Entire Post »

NAEIR Featured In “Reading Today Online”

NAEIR was recently featured in the International Reading Association’s online newsletter – Reading Today Online.The publication carries articles and stories on teaching literacy, children’s and young adults’ literature, research and grants, legislation and policy as well as member news (including international stories).You can read the NAEIR story by going to NAEIR Program Offers Free Supplies…

Read Entire Post »

Companies Can Pay a Heavy Price For Holding on to Inventory

An article appeared recently in the New York Times entitled Retailers Add Politics and Nature to Their Holiday Worry List, written by Stephanie Clifford.  It quoted John Barbour, CEO of LEAPFROG – a designer, developer and marketer of innovative, technology-based educational toys, books and games as saying…  “The penalties for having too much inventory are greater…

Read Entire Post »

You Have An Excess Inventory Problem? We Have A Solution!

The National Association for the Exchange of Industrial Resources (NAEIR) is a nonprofit 501( c ) (3) organization that has been in existence since 1977.  Thousands of companies have donated slow-moving, discontinued or overstocked merchandise since the founding of the organization.When a company donates product to NAEIR they not only clear out their warehouse to…

Read Entire Post »