International Molded Pulp Environmental Packaging Assoc
- Assets
- $226.2k
- Revenue
- $180.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, MA
- Founding
- 07/1998
- Data as of
- 12/2021
- EIN
- 39-1887858
Organization Overview
International Molded Pulp Environmental Packaging Assoc is located in Springfield, MA. The organization was established in 1998. According to its NTEE Classification (C03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Molded Pulp Environmental Packaging Assoc 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, International Molded Pulp Environmental Packaging Assoc generated $180.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $174.6k during the year ending 12/2021. While expenses have increased by 1.3% 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
THE INTERNATIONAL MOLDED FIBER ASSOCIATION (IMFA) IS THE PREMIER INTERNATIONAL TRADE ASSOCIATION FOR THE MOLDED FIBER INDUSTRY. IMFA'S MISSION IS TO PROMOTE GLOBAL GROWTH OF MOLDED FIBER PRODUCTS AND ADVOCATE FOR ENVIORNMENTAL SUSTAINABILITY. IMFA IS A PEAK GLOBAL NOT-FOR-PROFIT TRADE ASSOCIATION, REPRESENTING AND RESOURCING THE INTERESTS OF MANUFACTURERS OF MOLDED FIBER PRODUCTS, INDUSTRY SUPPLIERS AND SERVICE PROVIDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMFA'S EXCLUSIVE YEARLY SEMINAR IS THE ONLY ONE OF ITS KIND IN THE WORLD. THE SEMINAR IS DEDICATED TO SHOWCASING ADVANCEMENTS IN THE INDUSTRY AND PROVIDES A PLATFORM FOR EXPANDING MEMBER NETWORKING WITH REPRESENTATION FROM MORE THAN 20 COUNTRIES. THE SEMINAR ALLOWS MEMBERS AND OTHERS TO DISCOVER INSIGHTS INTO RENEWABLE MOLDED FIBER PACKAGING AND CONNECT WITH GLOBAL MANUFACTURERS, EQUIPMENT AND SERVICE PROVIDERS, SUPPLIERS AND INDUSTRY EXPERTS.
MEMBERSHIP -- AS A GLOBAL INDUSTRY VOICE, IMFA SUPPORTS AND PROMOTES AN EVOLVING MEMBER NETWORK THROUGH EDUCATION, GUIDANCE AND DIRECTION TO ENSURE THE BENEFITS OF TECHNOLOGY, INNOVATION AND INTELLIGENCE IS DELIVERED IN THE MARKETPLACE. IMFA IS COMMITTED TO SERVING MEMBERS WITH TRADE REPRESENTATION AND PROVIDING INTRODUCTIONS TO MARKET LEADING RESOURCES, INDUSTRY EXPERTISE AND GLOBAL NETWORKING OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Visser Executive Chairman | OfficerTrustee | 10 | $47,500 |
Joseph Grygny Executive Director Emeritu | OfficerTrustee | 10 | $9,000 |
Hans Karper Director | OfficerTrustee | 2 | $0 |
Frederich Jaeger Director | OfficerTrustee | 2 | $0 |
Jim Gehl Director | OfficerTrustee | 2 | $0 |
Paul Carter Director | OfficerTrustee | 2 | $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 | $17,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,000 |
| Total Program Service Revenue | $163,090 |
| Investment income | $0 |
| 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 | $180,090 |
| 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. | $56,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $90,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,429 |
| Information technology | $13,519 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $260 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,636 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $992 |
| All other expenses | $0 |
| Total functional expenses | $174,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,760 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,400 |
| 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 | $7,023 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $226,183 |
| Accounts payable and accrued expenses | $7,704 |
| Grants payable | $0 |
| Deferred revenue | $147,795 |
| 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 | $155,499 |
| Net assets without donor restrictions | $70,684 |
| 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 | $226,183 |
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