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Needle Holdings Overview

Needle Holdings Inc., through its subsidiary, offers retail of fabrics and crafts. The company was incorporated in 2010 and is based in the Hudson, Ohio.
The staff at Needle Holdings come from unusually diverse demographic backgrounds. The company is 58.5% female and 39.0% ethnic minorities. Even though it has great demographic diversity, Needle Holdings notably lacks in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 73.3%. Despite having coworkers who agree with each other about politics, employees at Needle Holdings tend to have relatively short tenures. Staff members usually stay with the company for 2.6 years. The average employee at Needle Holdings makes $45,548 per year. In comparison, some of its highest paying competitors, like ADO, Steinway, and All American Group Holdings, pay $64,324, $50,432, and $48,494, respectively.
Needle Holdings is an industry leader with 22,000 employees and an annual revenue of $520.0M that is headquartered in Utah.

Industry

Specialty Retail

Revenue

$520.0M

Employees

22,000

Founded in

2010

Headquarters

Bluffdale, UT

Website

-

Organization Type

-

Is This Your Company?

The Team At Needle Holdings

Key People
  • Morgan Lynch (Executive Officer, Director, Promoter)
  • Douglas Schrier (Director)
  • Mikko Valimaki (Executive Officer, Promoter)
  • Scott Pulsipher (Executive Officer)
  • Tod Francis (Director)
  • Sam Decker (Director)
  • Jeff Kearl (Director)

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Needle Holdings Rankings

Needle Holdings is ranked #68 on the Best Companies to Work For in Utah list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Needle Holdings Salaries

How much does Needle Holdings pay?
The national average salary for a Needle Holdings employee in the United States is $45,548 per year. Employees in the top 10 percent can make over $98,000 per year, while employees at the bottom 10 percent earn less than $20,000 per year.
9.0
Salary Score
Average Employee Earnings

Needle Holdings Salaries By Job Title

While Needle Holdings employees earn an average yearly salary of $45,548, different roles can command different wages. Some of the job titles with high salaries at Needle Holdings are vice president, products & marketing, owner/operator, communications lead, and director of communications and marketing. A typical vice president, products & marketing salary at Needle Holdings is $239,550 per year. To get a better sense of the salaries at Needle Holdings, other roles such as server/barista and recreation aide can be considered as well. For comparison, the title server/barista at Needle Holdings earns $23,184 per year.
Job Title
Title
ascdesc
Average Salarydesc
Vice President, Products & Marketing
Salary Range222k - 257k$240k$239,550
Owner/Operator
Salary Range194k - 222k$208k$208,050
Communications Lead
Salary Range102k - 122k$112k$112,019
Director Of Communications And Marketing
Salary Range93k - 112k$103k$102,547
Founder
Salary Range79k - 130k$102k$101,949
Senior Software Development Engineer
Salary Range92k - 111k$102k$101,677
Engineering Analyst
Salary Range77k - 86k$82k$82,110
Software Engineer
Salary Range68k - 92k$80k$79,703
Senior Programmer
Salary Range71k - 83k$78k$77,506
Business Analyst
Salary Range63k - 87k$75k$74,749
$35k
$257k

Needle Holdings Careers

On average, employees at Needle Holdings stay with the company for 2.6 years. Employees most commonly join Needle Holdings after leaving Walmart. When they leave Needle Holdings, they most frequently get their next job at Wells Fargo.

Average Length of Employment

Balfour
4.0 years
Kravet
2.9 years

Top Employers Before Needle Holdings

Walmart
13.7 %
Lynx
5.9 %

Top Employers After Needle Holdings

Walmart
6.4 %

Needle Holdings Employee Demographics

9.5
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Needle Holdings Employees Education

Of the 22,000 employees at Needle Holdings, 18.2% attended Brigham Young University. Employees at Needle Holdings most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Needle Holdings Employee Political Affiliation

Needle Holdings employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Needle Holdings employee was by Morgan Lynch. Morgan Lynch donated $2,500 to the Republican Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Morgan LynchEntrepreneur
Morgan Lynch
Entrepreneur
Entrepreneur
Republican Party
Republican Party
$2,500Republican Party
$2,500
Andrew NeedleAttorney
Andrew Needle
Attorney
Attorney
Democratic Party
Democratic Party
$2,250Democratic Party
$2,250
Michael ThalerPrincipal
Michael Thaler
Principal
Principal
Republican Party
Republican Party
$2,000Republican Party
$2,000
Richard GoldenzielAttorney
Richard Goldenziel
Attorney
Attorney
Democratic Party
Democratic Party
$1,850Democratic Party
$1,850
Timothy KellyAttorney
Timothy Kelly
Attorney
Attorney
Democratic Party
Democratic Party
$500Democratic Party
$500
Justin CernitzAttorney
Justin Cernitz
Attorney
Attorney
Republican Party
Republican Party
$275Republican Party
$275
Nancy LauxOwner
Nancy Laux
Owner
Owner
Democratic Party
Democratic Party
$250Democratic Party
$250
Gregory PascaleAttorney
Gregory Pascale
Attorney
Attorney
Democratic Party
Democratic Party
$250Democratic Party
$250
Gene GoldenzielAttorney
Gene Goldenziel
Attorney
Attorney
Democratic Party
Democratic Party
$250Democratic Party
$250
David DraboldPresident
David Drabold
President
President
Democratic Party
Democratic Party
$250Democratic Party
$250
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Needle Holdings Financial Performance

7.1
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

$100M - $1B

Founded in

2010

Organization type

-

Needle Holdings Financing Rounds

DateascdescAmountascdescSecurity Typeascdesc
May 23, 2014Equity
May 23, 2014
$7,000,003
$7,000,003
Equity
Equity
Jul 16, 2012Equity
Jul 16, 2012
$10,500,000
$10,500,000
Equity
Equity
Mar 22, 2011Equity
Mar 22, 2011
$4,930,000
$4,930,000
Equity
Equity
Feb 3, 2011Equity
Feb 3, 2011
$2,010,000
$2,010,000
Equity
Equity

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Needle Holdings Competitors

Based on our research, similar companies to Needle Holdings are ADO, Steinway, and All American Group Holdings. The wages at ADO average higher than the other similar companies, where the median salary is $64,324 per year. Employees at Steinway earn an average of $50,432 per year, and the employees at All American Group Holdings earn an average salary of $48,494 per year.
Companydesc
Average Salarydesc
ADO
Salary Range46k - 89k$64k$64,324
Steinway
Salary Range35k - 71k$50k$50,432

All American Group Holdings

Salary Range33k - 71k$48k$48,494
Schmitt Music
Salary Range33k - 65k$47k$46,842

The ROHO Group Inc

Salary Range26k - 67k$43k$42,688
Thompson Cigar
Salary Range30k - 59k$42k$42,306
Tiffany & Co.
Salary Range28k - 59k$41k$41,319

Jack Daniels Motors

Salary Range30k - 55k$41k$40,827

Staton Wholesale

Salary Range29k - 55k$40k$40,100
Kravet
Salary Range25k - 59k$39k$39,223
$24k
$89k

Frequently Asked Questions about Needle Holdings

When was Needle Holdings founded?

Needle Holdings was founded in 2010.

How many Employees does Needle Holdings have?

Needle Holdings has 22,000 employees.

How much money does Needle Holdings make?

Needle Holdings generates $520.0M in revenue.

What industry is Needle Holdings in?

Needle Holdings is in the specialty retail industry.

Who are Needle Holdings's competitors?

Needle Holdings competitors include STEREO ADVANTAGE, Kravet, Balfour, Thompson Cigar, All American Group Holdings, Office Elements, Schmitt Music, O.E. Meyer Co., Tiffany & Co., Jack Daniels Motors, Blair, ADO, The ROHO Group, Selections, Elk Grove Ford, Steinway, Staton Wholesale, WaxWorks VideoWorks, Riverhead Building Supply, LutherAuto.

Who works at Needle Holdings?

Morgan Lynch (Executive Officer, Director, Promoter)

Douglas Schrier (Director)

Mikko Valimaki (Executive Officer, Promoter)

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Where is Needle Holdings's headquarters?

Needle Holdings's headquarters is in Bluffdale, UT.

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Updated December 31, 2020

Zippia gives an in-depth look into the details of Needle Holdings, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Needle Holdings. The employee data is based on information from people who have self-reported their past or current employments at Needle Holdings. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Needle Holdings and its employees or that of Zippia.

Needle Holdings may also be known as or be related to NEEDLE HLDGS INC, Needle Holdings Inc, Needle Holdings Inc. and Needle, Inc.