Paintcare Inc
- Assets
- $98.6m
- Revenue
- $78.8m
- Investments
- $0.0
- Employees
- 45
- Location
- Washington, DC
- Founding
- 09/2011
- Data as of
- 12/2023
- EIN
- 27-1354262
Organization Overview
Paintcare Inc is located in Washington, DC. The organization was established in 2011. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. As of 12/2023, Paintcare Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paintcare 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 12/2023, Paintcare Inc generated $78.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $84.4m during the year ending 12/2023. While expenses have increased by 5.0% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
AN INDUSTRY SPONSORED PAINT STEWARDSHIP NON-PROFIT PROGRAM ESTABLISHED TO MANAGE THE REUSE, RECYCLING, AND PROPER DISPOSAL OF UNUSED ARCHITECTURAL PAINT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CALIFORNIA (CA) PROGRAM: THE SECOND STATE IN THE U.S. TO ENACT MODEL, INDUSTRY SUPPORTED, PAINT STEWARDSHIP LEGISLATION. THE PROGRAM IS RESPONSIBLE FOR ENVIRONMENTALLY RESPONSIBLE END-OF-LIFE MANAGEMENT FOR LEFTOVER ARCHITECTURAL PAINT AND OFFERS OPPORTUNITIES TO RELIEVE LOCAL AND STATE GOVERNMENTS OF THE ECONOMIC BURDEN OF POST-CONSUMER PAINT MANAGEMENT. PAINTCARE IMPLEMENTED A PAINT STEWARDSHIP PROGRAM IN CALIFORNIA IN OCTOBER 2012.
NEW YORK (NY) PROGRAM: THE TENTH STATE IN THE U.S. TO ENACT MODEL, INDUSTRY SUPPORTED, PAINT STEWARDSHIP LEGISLATION. THE PROGRAM IS RESPONSIBLE FOR ENVIRONMENTALLY RESPONSIBLE END-OF-LIFE MANAGEMENT FOR LEFTOVER ARCHITECTURAL PAINT AND OFFERS OPPORTUNITIES TO RELIEVE LOCAL AND STATE GOVERNMENTS OF THE ECONOMIC BURDEN OF POST-CONSUMER PAINT MANAGEMENT. PAINTCARE LAUNCHED A PAINT STEWARDSHIP PROGRAM IN NEW YORK IN MAY 2022.
WASHINGTON (WA) PROGRAM: THE NINTH STATE IN THE U.S. TO ENACT MODEL, INDUSTRY SUPPORTED, PAINT STEWARDSHIP LEGISLATION. THE PROGRAM IS RESPONSIBLE FOR ENVIRONMENTALLY RESPONSIBLE END-OF-LIFE MANAGEMENT FOR LEFTOVER ARCHITECTURAL PAINT AND OFFERS OPPORTUNITIES TO RELIEVE LOCAL AND STATE GOVERNMENTS OF THE ECONOMIC BURDEN OF POST-CONSUMER PAINT MANAGEMENT. PAINTCARE LAUNCHED A PAINT STEWARDSHIP PROGRAM IN WASHINGTON IN APRIL 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meika Vogel Chair | OfficerTrustee | 2 | $0 |
Jaime Irick Vice Chair And Treasurer | OfficerTrustee | 2 | $0 |
John Vanderpool Immediate Past Chair | OfficerTrustee | 2 | $0 |
Kimberly Ezdebski Director | Trustee | 2 | $0 |
David Wolf Director | Trustee | 2 | $0 |
John Gilbert Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Clean Harbors Environmental Services Inc Transportation/ Disposal | 12/30/23 | $22,160,866 |
Clean Earth Environmental Solution Inc Transportation/ Disposal | 12/30/23 | $11,253,248 |
Advanced Chemical Transport Inc Transportation/ Disposal | 12/30/23 | $7,225,082 |
Civilian Inc Advertising/ Communications | 12/30/23 | $6,666,622 |
Greensheen Paint & Design Inc Transportation/ Disposal | 12/30/23 | $6,415,017 |
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 | $77,526,612 |
| Investment income | $1,611,952 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$300,257 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $78,838,307 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $982,647 |
| Compensation of current officers, directors, key employees. | $797,245 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,016,139 |
| Pension plan accruals and contributions | $422,765 |
| Other employee benefits | $1,064,629 |
| Payroll taxes | $437,676 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $114,509 |
| Fees for services: Accounting | $94,818 |
| Fees for services: Lobbying | $22,151 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $163,561 |
| Fees for services: Other | $291,132 |
| Advertising and promotion | $0 |
| Office expenses | $634,012 |
| Information technology | $2,003 |
| Royalties | $0 |
| Occupancy | $666,749 |
| Travel | $744,440 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $61,474 |
| Interest | $169,010 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $98,635 |
| Insurance | $335,210 |
| All other expenses | $955,163 |
| Total functional expenses | $84,396,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,521,395 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,300,296 |
| 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 | $305,984 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $60,408,475 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $53,382 |
| Other assets | $0 |
| Total assets | $98,589,532 |
| Accounts payable and accrued expenses | $9,727,005 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $6,008,351 |
| Total liabilities | $15,735,356 |
| Net assets without donor restrictions | $82,854,176 |
| 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 | $98,589,532 |
Grants Awarded
Over the last fiscal year, Paintcare Inc has awarded $200,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VISIONS RECYCLING INC PURPOSE: To develop ideas for recycling unused latex paint that is not currently used to manufacture new paint products. | $100,000 |
GREENSHEEN PAINT & DESIGN INC PURPOSE: To develop ideas for recycling unused latex paint that is not currently used to manufacture new paint products. | $100,000 |