Personal Care Products Council
- Assets
- $21.8m
- Revenue
- $20.1m
- Investments
- $0.0
- Employees
- 69
- Location
- Washington, DC
- Founding
- 07/1942
- Data as of
- 12/2022
- EIN
- 13-1390920
Organization Overview
Personal Care Products Council is located in Washington, DC. The organization was established in 1942. 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 12/2022, Personal Care Products Council employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Personal Care Products Council 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, Personal Care Products Council generated $20.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $20.1m during the year ending 12/2022. While expenses have increased by 0.4% per year over the past 8 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.
Since 2015, Personal Care Products Council has awarded 34 individual grants totaling $322,862. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
REPRESENT THE COMMON BUSINESS INTERESTS OF THE PERSONAL CARE PRODUCTS INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOUND SCIENCE/COSMETICS INGREDIENT REVIEW: PCPC PROMOTES THE INDUSTRY'S COMMITMENT TO SAFETY AND SELF-REGULATION TO ENSURE THE PROTECTION OF HUMAN HEALTH AND THE ENVIRONMENT THROUGH THE USE OF SAFE INGREDIENTS IN PERSONAL CARE PRODUCTS. PCPC'S CONSUMER COMMITMENT CODE FORMALIZES EXISTING PRODUCT SAFETY PRACTICES AND DEMONSTRATES THE INDUSTRY'S COMMITMENT TO SAFETY. THE CIR REVIEWS AVAILABLE INFORMATION ON INGREDIENTS TO DETERMINE THE SAFETY OF THOSE INGREDIENTS AS USED IN PERSONAL CARE PRODUCTS AND PUBLISHES THE CONCLUSIONS OF ITS INDEPENDENT REVIEWS.
POLICY OUTREACH/LEGAL AND REGULATORY/GLOBAL ACCESS: PCPC WORKS TO ENSURE THAT ALL FEDERAL AND STATE LEGISLATION AND REGULATIONS HAVE AN APPROPRIATE FOCUS ON CONSUMER PROTECTION AND PRODUCT AVAILABILITY. PCPC SUPPORTS MEMBER COMPANIES' ACCESS TO GLOBAL MARKETS THROUGH INTERNATIONAL ADVOCACY, REGULATORY HARMONIZATION, AND MEMBER ADVISORY SERVICES.
PUBLIC AFFAIRS AND COMMUNICATIONS/MEETINGS AND PUBLICATIONS: PCPC PROMOTES THE VALUE OF, NEED FOR, AND SAFETY OF THE INDUSTRY'S PRODUCTS AND OFFERS A VARIETY OF PRODUCTS AND SERVICES TO MEET THE CONTINUING INFORMATIONAL NEEDS OF ITS MEMBERS AND CONSUMERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keech Combe Shetty Chair | OfficerTrustee | 0.5 | $0 |
Mark Loomis Vice-Chair | OfficerTrustee | 0.1 | $0 |
Esi Eggleston Bracey Vice-Chair | OfficerTrustee | 0.1 | $0 |
David Greenberg Vice-Chair | OfficerTrustee | 0.1 | $0 |
Alex Keith Vice-Chair | OfficerTrustee | 0.1 | $0 |
David Holl Treasurer | OfficerTrustee | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Covington & Burling Legal Services/consulting | 12/30/22 | $495,276 |
Integral Consulting Science Consulting | 12/30/22 | $605,345 |
Rsm Us Llp Information Technology Consulting | 12/30/22 | $307,508 |
Claridad Communications Llc Public Affairs Consulting | 12/30/22 | $293,466 |
Medica Communications Science Consulting | 12/30/22 | $290,647 |
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 | $16,441,684 |
| Investment income | $1,255,957 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $83,478 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$8,310 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,064,426 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $81,599 |
| 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. | $5,024,459 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,265,025 |
| Pension plan accruals and contributions | $552,873 |
| Other employee benefits | $426,250 |
| Payroll taxes | $605,386 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $206,711 |
| Fees for services: Accounting | $49,770 |
| Fees for services: Lobbying | $1,864,170 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $121,193 |
| Fees for services: Other | $1,488,701 |
| Advertising and promotion | $113,096 |
| Office expenses | $117,570 |
| Information technology | $847,000 |
| Royalties | $0 |
| Occupancy | $784,243 |
| Travel | $176,348 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $421,284 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $337,532 |
| Insurance | $229,304 |
| All other expenses | $77,060 |
| Total functional expenses | $20,117,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $400 |
| Savings and temporary cash investments | $357,047 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $63,388 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $254,779 |
| Net Land, buildings, and equipment | $926,790 |
| Investments—publicly traded securities | $17,943,872 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,293,180 |
| Total assets | $21,839,456 |
| Accounts payable and accrued expenses | $3,678,648 |
| Grants payable | $0 |
| Deferred revenue | $2,587,108 |
| 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 | $1,530,854 |
| Total liabilities | $7,796,610 |
| Net assets without donor restrictions | $14,042,846 |
| 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 | $21,839,456 |
Grants Awarded
Over the last fiscal year, Personal Care Products Council has awarded $36,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE COUNCIL OF STATE GOVERNMENTS PURPOSE: PROGRAM SUPPORT | $10,000 |
CENTER FOR ORGANIZATIONAL RESEARCH AND EDUCATION PURPOSE: PROGRAM SUPPORT | $6,000 |
CALIFORNIA JEWISH LEGISLATIVE CAUCUS LEADERSHIP FOUNDATION PURPOSE: PROGRAM SUPPORT | $10,000 |
MADAM CJ WALKER INSTITUTE FOR WOMEN OF COLOR ENTREPRENEURS PURPOSE: PROGRAM SUPPORT | $10,000 |