Packaging Machinery Manufacturers Institute Inc
- Assets
- $71.9m
- Revenue
- $62.7m
- Investments
- $355.3k
- Employees
- 126
- Location
- Herndon, VA
- Founding
- 12/1963
- Data as of
- 12/2021
- EIN
- 13-1142150
Organization Overview
Packaging Machinery Manufacturers Institute Inc, operating under the name Pmmi, is located in Herndon, VA. The organization was established in 1963. 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. As of 12/2021, Pmmi employed 126 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pmmi is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Pmmi generated $62.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $58.9m during the year ending 12/2021. While expenses have increased by 1.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PMMI IMPROVES AND PROMOTES MEMBERS' ABILITIES TO SUCCEED IN A GLOBAL MARKETPLACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXHIBIT: DEVELOPS THE PROMOTION AND SPONSORSHIP OF PACK EXPO INTERNATIONAL AND PACK EXPO EAST IN CHICAGO AND PHILADELPHIA IN THE EVEN YEARS, AND PACK EXPO LAS VEGAS IN THE ODD YEARS. 1,396 EXHIBITORS AND 23,042 AT THE 2021 LAS VEGAS SHOW.
EXHIBITOR SERVICES & SHOW MANAGEMENT: PROVIDES EXHIBITOR CONTRACTOR SERVICES AT PACK EXPO INTERNATIONAL AND PACK EXPO EAST IN CHICAGO AND PHILADELPHIA IN THE EVEN YEARS, AND PACK EXPO LAS VEGAS IN THE ODD YEARS.
MEDIA GROUP: PROVIDES LEADING EDGE PRINT AND MEDIA TECHNOLOGIES THAT SERVE AS AN INTERACTIVE KNOWLEDGE EXCHANGE FOR THE PACKAGING AND PROCESSING SUPPLY CHAIN THROUGOUT THE YEAR. CIRCULATION: 187,500. PUBLICATIONS ISSUED: 42
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Pittas President & CEO | Officer | 38 | $825,191 |
Joseph Angel President/publisher | Officer | 40 | $495,487 |
Wendy Sawtell Vp,sales | 40 | $429,345 | |
Craig Silverio Vp, Finance | Officer | 38 | $423,831 |
Glen Long Svp, Industry Services | 40 | $417,898 | |
David Newcorn Svp, Digital & Data | 40 | $402,195 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Employco 3rd Party Payroll Services | 12/30/21 | $1,769,382 |
The Expo Group 3rd Party Billing Services | 12/30/21 | $1,225,506 |
Quadgraphics Printing And Graphics Services | 12/30/21 | $1,224,454 |
Las Vegas Convention Center Exhibition Hall Rental And Services | 12/30/21 | $1,818,500 |
Freeman Trade Show Gen Contractor | 12/30/21 | $8,164,290 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $53,619,972 |
| Investment income | $837,701 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $62,733,082 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $607,583 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,115,282 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,032,190 |
| Pension plan accruals and contributions | $1,556,019 |
| Other employee benefits | $2,987,129 |
| Payroll taxes | $1,001,309 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $132,087 |
| Fees for services: Accounting | $148,519 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $138,087 |
| Fees for services: Other | $17,142,640 |
| Advertising and promotion | $1,686,348 |
| Office expenses | $1,480,773 |
| Information technology | $1,745,977 |
| Royalties | $0 |
| Occupancy | $3,211,724 |
| Travel | $795,303 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,244,089 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,782,535 |
| Insurance | $563,779 |
| All other expenses | $1,357,155 |
| Total functional expenses | $58,872,885 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,570,275 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,895,252 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,497 |
| Prepaid expenses and deferred charges | $961,738 |
| Net Land, buildings, and equipment | $2,399,969 |
| Investments—publicly traded securities | $47,300,322 |
| Investments—other securities | $355,288 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,383,003 |
| Total assets | $71,869,344 |
| Accounts payable and accrued expenses | $6,137,606 |
| Grants payable | $0 |
| Deferred revenue | $11,072,291 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,578,960 |
| Total liabilities | $25,788,857 |
| Net assets without donor restrictions | $46,080,487 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $71,869,344 |
Grants Awarded
Over the last fiscal year, Packaging Machinery Manufacturers Institute Inc has awarded $296,146 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: MATCHING GRANT FOR PROGRAM SERVICES | $226,469 |
Herndon, VA PURPOSE: OPERATIONS | $69,677 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Bankers Association Washington, DC | $263,742,289 | $140,712,476 |
National Restaurant Association Washington, DC | $192,667,812 | $96,146,955 |
American Association Of State Highway & Transportation Officials Washington, DC | $177,160,624 | $97,013,353 |
National Federation Of Independent Business Inc Nashville, TN | $77,203,691 | $109,079,617 |
American Beverage Association Washington, DC | $114,967,236 | $101,585,081 |
Credit Union National Association Inc Washington, DC | $67,388,582 | $69,543,852 |
Edison Electric Institute Washington, DC | $198,917,565 | $81,084,181 |
Investment Company Institute Washington, DC | $76,230,571 | $72,478,404 |
Packaging Machinery Manufacturers Institute Inc Herndon, VA | $71,869,344 | $62,733,082 |
Consumer Technology Association Arlington, VA | $357,760,838 | $25,474,279 |
National Retail Federation Inc Washington, DC | $44,909,805 | $48,694,616 |
American Psychiatric Association Washington, DC | $179,554,491 | $53,525,834 |