Paper & Plastics Education Research Foundation Inc
- Assets
- $387.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/1987
- Data as of
- 12/2020
- EIN
- 11-2791835
Organization Overview
Paper & Plastics Education Research Foundation Inc is located in Chicago, IL. The organization was established in 1987. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paper & Plastics Education Research Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Paper & Plastics Education Research Foundation Inc generated $14.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $11.9k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (16.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
TO SPONSOR, INITIATE, AND IMPLEMENT EDUCATIONAL AND RESEARCH PROGRAMS, IN CONNECTION WITH THE WHOLESALE AND DISTRIBUTION OF PAPER, PLASTICS, AND RELATED PRODUCTS; TO PROVIDE FINANCIAL SUPPORT TO EDUCATIONAL INSTITUTIONS IN FURTHERENCE OF RESEARCH AND EDUCATION TO WHOLESALE DISTRIBUTION AND TO AWARD SCHOLARSHIPS TO INDIVIDUALS RELATED TO THE FIELD OF PAPER AND PLASTIC DISTRIBUTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Wernoch Chairman And Treasurer | 0.5 | $0 | |
Bill Meany First Vice Chair | 0.5 | $0 | |
Anthony Macleod Counsel | 0.5 | $0 | |
Bill Garvey Second Vice Chair | 0.5 | $0 | |
Matt Bruno Executive Vice President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,164 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9,308 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,472 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,793 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $12 |
| Other expenses | $6,060 |
| Total expenses | $11,865 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $385,395 |
| Other assets | $0 |
| Total assets | $387,060 |
| Total liabilities | $281 |
| Net assets or fund balances | $386,779 |
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