Plastics Industry Association Inc

Organization Overview

Plastics Industry Association Inc is located in Washington, DC. The organization was established in 1941. 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. Plastics Industry Association Inc 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 12/2022, Plastics Industry Association Inc generated $33.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $18.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROTECT, PROMOTE, AND GROW THE PLASTICS INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PLANNING, ORGANIZATION, FACILITATION AND EXECUTION OF ASSOCIATION EVENTS, CONFERENCES, TRADE SHOWS AND INDUSTRY CONVENINGS TO BENEFIT THE OVERALL MISSION OF PLASTICS. TO PROMOTE AND GROW THE PLASTICS INDUSTRY, PLASTICS OFFERS EDUCATIONAL AND INFORMATIVE PROFESSIONAL OPPORTUNITIES AND SELECTIVE CONVENING LOCALES FOR INDUSTRY EXECUTIVES AND TEAMS. ASSOCIATION EVENTS ALSO SERVE AS REGULARLY SCHEDULED FORUMS FOR EXECUTIVE BOARD MEMBERS, LEADERSHIP, PLASTICS' GOVERNING BODIES, AND COMMITTEES TO EXECUTE THE POLICY AGREEMENTS, BUDGET PRIORITY REVIEWS AND ORGANIZATIONAL PERFORMANCE PLANS FOR THE ASSOCIATION.


ENGAGEMENT, MANAGEMENT, AND ENHANCEMENT FOR CURRENT ASSOCIATION MEMBERSHIP, INCLUDING INITIATIVES THAT CONNECT THE PLASTICS VALUE CHAIN AND DRIVE GROWTH AND BUSINESS DEVELOPMENT OPPORTUNITIES FOR COMPANIES AND MANAGEMENT. RECRUITMENT OF NEW MEMBERSHIP THROUGH OUTREACH AND INTERACTION WITH CURRENT PLASTICS MEMBERSHIP, ENGAGEMENT THROUGHOUT INDUSTRY EVENTS AND MEMBER FACILITIES, ACTIVE PARTICIPATION IN THOUGHT LEADERSHIP AND INDUSTRY INSTITUTIONS AND CREATION OF COLLABORATIVE PROGRAMMING.


EXECUTION OF ADVOCACY EFFORTS ON BEHALF OF THE PLASTICS INDUSTRY, REPRESENTING ONE MILLION WORKERS IN THE UNITED STATES, TO ADVANCE POLICIES IN SUPPORT OF RECYCLING AND SUSTAINABILITY INITIATIVES, A MORE GLOBALLY COMPETITIVE ECONOMY, AND EFFECTIVE, FAIR REGULATIONS, STANDARDS AND POLICIES. THE PROMOTION OF EXPANSIVE PROGRAMMING IN POLICY, REGULATORY AND LEGISLATIVE ARENAS TO ENHANCE THE PUBLIC AWARENESS OF INDUSTRY SCIENCE AND INVESTMENTS SURROUNDING RECYCLING, SUSTAINABILITY, CIRCULARITY. MESSAGE AMPLIFICATION AND EDUCATION OF THE FACTS AND RESEARCH AVAILABLE TO ENHANCE AND INFORM THOSE INVOLVED IN THE LEGISLATIVE PROCESS AS TO THE ADVANTAGES, SAFETY, ENERGY CAPABILITIES AND EMISSION REDUCTION AND ENVIRONMENTAL PREFERENCE THAT OCCURS THROUGH THE USE OF PLASTICS.


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Board, Officers & Key Employees

Name (title)Compensation
Tad A Mcgwire
Chair
$0
Jamie A Clark
Vice Chair
$0
Phillip E Wilson
Immediate Past Chair
$0
Jon Ratzlaff
Treasurer
$0
Steven D London
Secretary
$0
Holli Alexander
Officer-At-Large
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Keller & Heckman
Legal
$823,893
Gunther Hoyt & Associates
Consultant Fees
$339,032
Vault Consulting Llc
Consultant Fees
$227,982
Fti Consulting Inc
Consultant Fees
$205,074
Hellios Hr Llc
Consultant Fees
$176,320
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,032,046
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$1,032,046
Total Program Service Revenue$9,679,284
Investment income $269,480
Tax Exempt Bond Proceeds $0
Royalties $16,329
Net Rental Income $116,743
Net Gain/Loss on Asset Sales $1,179,813
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $10,250
Miscellaneous Revenue$0
Total Revenue $33,723,844

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