National Association for Exchange of Industrial Resources (NAEIR)
National Association for Exchange of Industrial Resources (NAEIR) is a nonprofit organization that collects and distributes the over stocked inventories from different Corporations in United States. It distributes these supplies to schools, churches and other charitable institutions. NAEIR was found in 1977 by an aircraft parts manufacturing executive named Norbert C Smith.
It is located in Galesburg, Illinois. Currently NAEIR has over 100 paid members and three directors. Laverne Smith is the chairman whereas Gary Smith is the President, CEO and director of the organization. The corporate relations are headed by Cruz Ramos.
Corporate entities like Microsoft, General Electric, Gillette, Fuller Industries and Pendaflex etc have joined hands with NAEIR for exchange of industrial resources. Since its inception, NAIER has managed to redistribute goods worth over 2 billion US dollars. This is not a simple task to achieve. Today NAEIR receives donations from over 7500 corporate houses and redistributes it among 9500 members.
It is easy to become a member of National Association for Exchange of Industrial Resources by paying the membership fee and agreeing to bear the shipping charges. NAEIR will ship the goods to the member. However, the goods are absolutely free. Corporate houses will benefit from tax redemptions on the merchandise that they have donated to these organizations.
Before becoming a member of NAEIR, one needs to understand that it is a non-profit organization. However, there are many advantages in it. The goods are distributed on first come first serve basis. Once a person puts in a request for the supplies that they are looking for, the operating team at NAEIR will take care of the rest.
A member of NAEIR will get free access to different merchandise donated by the different corporate houses. NAEIR has effectively distributed millions worth of overstocked inventories to needy organizations. The organization has certainly proven worthy for the needy individuals as well as institutions.
Purpose
There are a number of corporate houses that have excessive inventory lying unused in their warehouses. On the other hand there are numerous schools and charities that are short of these inventories. There needs to be a channel or a link that connects the excess supply to the pertinent demand. This is where the National Association for the Exchange of Industrial Resources (NAEIR) comes into the picture.
NAEIR was founded with the aim of channelizing the overstocked inventory in U.S corporations to the needy schools, churches and other charities. The founder of this non-profit organization, Mr. Norbert C Smith, worked as a corporate gifting consultant. He once realized that this unused and excess inventory could help thousands of needy people. The organization would benefit from the tax redemption that is associated with the donated merchandise.
The sole aim of National Association for Exchange of Industrial Resources is to redistribute the excess inventory in such a way that the needy individuals are benefited. NAEIR uses sophisticated technology to redistribute these excess goods. All the goods are allotted on first come first serve basis.
Members can put in their requirements on the NAEIR website. The needy organizations or charities can become a member of this organization by paying the membership fee and bearing the minimal shipping charges that are associated with the delivery of the merchandise. In other words, these charitable organizations get merchandise worth thousands of dollars absolutely free.
The organization has successfully roped in over 7500 corporate entities to donate excess merchandise. NAEIR has helped the organizations in fulfilling their corporate social responsibility in a unique way. Over the years, NAEIR has been the helping hand for hundreds of smaller organizations and institutions which are in dire need of these excess goods. More and more charities are looking forward to join NAEIR and make it even stronger.
History
National Association for the Exchange of Industrial Resources which is popularly known as NAEIR was founded by Norbert Smith in the year 1977. This charitable organization plays the role of a bridge between the corporate houses and the non-profit organizations in the United States. The organization has a rich history attached with it.
Mr. Smith was unhappy with the tradition of corporate houses keeping unused and excess inventory in their warehouses. This inventory would lie there for months without being utilized. He saw this as an opportunity to utilize these products for the benefit of non-profit organizations and qualified schools. The corporate houses would also benefit through tax rebates that they would receive on donating the items to the organizations. This led to formation of National Association for Exchange of Industrial Resources.
NAEIR has evolved as a respectable organization over a period of time. It has managed the feat of redistributing goods worth over $2 billion. NAEIR has effectively channeled goods like computer software, classroom materials, office supplies or personal care products to needy non-profit organizations, churches and schools. One man's vision has changed the lives of thousands of individuals. A simple idea by Norbert Smith opened up the avenues for corporate social responsibility, this was done even before the term corporate social responsibility was coined.
NAEIR is a 100% nonprofit organization that has been consistently collecting and redistributing overstocked corporate inventories to the needy. In its journey of 26 years, the organization has paved a way for several corporate houses to do their bit for the society.
It is a win-win situation for the corporate houses and the charities because both the parties benefit from NAEIR distribution policy. Tax rebate received by the donating these supplies helps the organizations, whereas the supplies help the charities in supplementing their cause. The organization has successfully achieved this balance with great degree of expertise.
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