Paint & Decorationg Retailers Association Inc
- Assets
- $0.0
- Revenue
- $144.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Danville, IN
- Founding
- 04/1988
- Data as of
- 08/2020
- EIN
- 43-0633356
Organization Overview
Paint & Decorationg Retailers Association Inc is located in Danville, IN. The organization was established in 1988. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paint & Decorationg Retailers 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 08/2020, Paint & Decorationg Retailers Association Inc generated $144.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.3%) each year. All expenses for the organization totaled $152.8k during the year ending 08/2020. As we would expect to see with falling revenues, expenses have declined by (28.3%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO ENSURE THE SUCCESS OF THE INDEPENDENT DECORATING PRODUCTS RETAILER AND TO BUILD COOPERATIVE RELATIONSHIPS AMONG RETAILERS AND SUPPLIERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAMS: PAINT AND DECORATING RETAILERS ASSOCIATION HAS SEVERAL EDUCATIONAL CERTIFICATION PROGRAMS FOR OUR MEMBERS AND THEIR EMPLOYEES. THE PROGRAMS TEACH AND TRAIN ABOUT PAINTING AND RELATED PRODUCTS. THESE CERTIFICATION SEMINARS INSTRUCT STUDENTS ON HOW PAINT IS MADE, HOW TO IDENTIFY CUSTOMER'S NEEDS, AND HOW TO RECOMMEND THE RIGHT PRODUCT AND SURFACE PREPARATION FOR THE PRODUCT. WE ALSO PROVIDE PAINT TRAINING IN A CD FORMAT FOR THOSE THAT WISH TO HAVE A PERMANENT STUDY RESOURCE TO USE AND REFERENCE ANYTIME, AS NEEDED.
MARKET RESEARCH PROGRAMS: THE ORGANIZATION PROVIDES ITS MEMBERS WITH SEVERAL MARKET RESEARCH STUDIES. THE PULSE REPORT IS A FREE MEMBERS QUARTERLY MARKET REPORT THAT COVERS TOPICS SUCH AS "CONSUMER CONFIDENCE" INFORMATION, "NEW HOUSING STARTS" INFORMATION, AND "USED HOME SALES" INFORMATION.
INDUSTRY PUBLICATIONS: PAINT AND DECORATING RETAILERS ASSOCIATION PUBLISHES THE PAINT AND DECORATING RETAILER MAGAZINE, A FREE PUBLICATION FOR RETAILERS THROUGHOUT NORTH AMERICA. PAINT AND DECORATING RETAILERS ASSOCIATION ALSO PROVIDES MANY BOOKS, MAGAZINES, PAMPHLETS, AND BROCHURES COVERING INDUSTRY SIDE TOPICS FROM HOW TO PAINT, HOW TO WALLPAPER, HOW TO CHOOSE COLORS, AND MANY SUBJECTS PERTAINING TO THE PAINT AND DECORATING INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Schlect Vice Chairman | OfficerTrustee | 1 | $0 |
Dan Harris Chairman | OfficerTrustee | 1 | $0 |
Robert Cutter Secretary/chief Executive Officer | OfficerTrustee | 1 | $0 |
Taylor Comstock Director | Trustee | 1 | $0 |
Matt Woods Director | Trustee | 1 | $0 |
Ryan Ringer Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,306 |
| 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 | $3,306 |
| Total Program Service Revenue | $136,137 |
| Investment income | $13 |
| 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 | $144,600 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,828 |
| Pension plan accruals and contributions | $642 |
| Other employee benefits | $4,357 |
| Payroll taxes | $3,373 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,976 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $100 |
| Office expenses | $5,085 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,635 |
| Travel | $162 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,455 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $152,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| 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 | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Board Of Family Medicine Inc Lexington, KY | $185,304,268 | $55,757,459 |
American Society Of Anesthesiologists Schaumburg, IL | $127,402,745 | $57,130,862 |
American Academy Of Dermatology Inc Rosemont, IL | $106,665,839 | $38,601,063 |
American Osteopathic Association Chicago, IL | $87,985,628 | $32,905,161 |
American Society Of Clinical Pathologists Chicago, IL | $44,155,446 | $32,324,819 |
American College Of Chest Physicians Glenview, IL | $44,983,631 | $16,629,705 |
Academy Of General Dentistry Chicago, IL | $42,353,738 | $16,214,063 |
American Association For Accreditation Of Ambulatory Surger Gurnee, IL | $14,762,694 | $10,355,412 |
American Association Of Equine Practitioners Lexington, KY | $8,765,231 | $7,398,673 |
American Dental Hygientists Association Chicago, IL | $4,138,948 | $5,518,461 |
National Certification Corporation For Obstetric Gynecologic & Neonat Chicago, IL | $33,466,629 | $9,072,961 |
Orthopedic Foundation For Animals Columbia, MO | $9,920,954 | $4,913,503 |