Polyisocyanurate Insulation Manufacturers Association Inc
- Assets
- $1.2m
- Revenue
- $1.8m
- Investments
- $44.9k
- Employees
- 4
- Location
- Arlington, VA
- Founding
- 05/1987
- Data as of
- 12/2021
- EIN
- 36-3496559
Organization Overview
Polyisocyanurate Insulation Manufacturers Association Inc is located in Arlington, VA. 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. As of 12/2021, Polyisocyanurate Insulation Manufacturers Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Polyisocyanurate Insulation Manufacturers 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 12/2021, Polyisocyanurate Insulation Manufacturers Association Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 1.6% 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
PIMA IS THE VOICE OF THE RIGID POLYISO INDUSTRY AND A PROACTIVE ADVOCATE FOR SAFE, COST-EFFECTIVE, SUSTAINABLE, AND ENERGY-EFFICIENT CONSTRUCTION. PIMA PROMOTES THE POLYISO INDUSTRY THROUGH ADVOCACY, EDUCATION, AND LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ADVANCE THE USE OF LAMINATED POLYISO FOAM INSULATION IN RESIDENTIAL AND COMMERCIAL CONSTRUCTION. TO PROVIDE EDUCATION OF THE ENVIRONMENTAL, ECONOMIC AND NATIONAL SECURITY BENEFITS OF ENERGY CONSERVATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Koscher President | Officer | 40 | $221,918 |
Marcin K Pazera Technical Director | 40 | $166,358 | |
Renee Lamura Sr. Director Programs & Ad | 40 | $129,944 | |
Mike Nagridge Treasurer | OfficerTrustee | 1 | $0 |
Greg Fantin Chairman | OfficerTrustee | 1 | $0 |
Jf Cote Board Member | Trustee | 1 | $0 |
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 | $1,767,106 |
| Investment income | $8,732 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,616 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,777,454 |
| 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. | $246,937 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $354,095 |
| Pension plan accruals and contributions | $31,838 |
| Other employee benefits | $34,522 |
| Payroll taxes | $38,783 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,691 |
| Fees for services: Accounting | $23,104 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,203 |
| Advertising and promotion | $75,718 |
| Office expenses | $7,512 |
| Information technology | $15,097 |
| Royalties | $0 |
| Occupancy | $44,067 |
| Travel | $10,410 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $80,388 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,300 |
| Insurance | $5,841 |
| All other expenses | $253,994 |
| Total functional expenses | $1,809,563 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,789 |
| Savings and temporary cash investments | $547,990 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $81,330 |
| 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 | $52,166 |
| Net Land, buildings, and equipment | $7,330 |
| Investments—publicly traded securities | $412,448 |
| Investments—other securities | $44,912 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,600 |
| Total assets | $1,185,565 |
| Accounts payable and accrued expenses | $110,596 |
| Grants payable | $0 |
| Deferred revenue | $70,000 |
| 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 | $0 |
| Total liabilities | $180,596 |
| Net assets without donor restrictions | $1,004,969 |
| 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 | $1,185,565 |
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