Contract Packaging Association

Organization Overview

Contract Packaging Association is located in Herndon, VA. The organization was established in 1993. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Contract Packaging Association 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, Contract Packaging Association generated $879.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $876.3k during the year ending 12/2022. While expenses have increased by 9.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO INCLUDE PROGRAMS TO ESTABLISH STRONG ETHICAL STANDARDS AMONG CONTRACT PACKAGERS AND THEIR CLIENTS, TO INCREASE KNOWLEDGE AND EXPERTISE WITHIN THE CONTRACT PACKAGING INDUSTRY, TO IMPROVE THE BUSINESS REPUTATION OF FIRMS AND THE PROFESSIONAL IMAGE OF INDIVIDUALS WITHIN THE INDUSTRY, AND TO ENCOURAGE THE EFFECTIVE USE OF CONTRACT PACKAGING SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ANNUAL MEETING EDUCATES MEMBERS AND NON-MEMBERS ABOUT DEVELOPMENTS IN THE CONTRACT PACKAGING INDUSTRY. THE MEETINGS PROVIDE A FORUM FOR THE INDIVIDUALS TO EXCHANGE IDEAS ON INDUSTRY PRACTICES. THERE WERE 183 ATTENDEES AT THE 2022 ANNUAL MEETING.


DUES ARE RECEIVED IN EXCHANGE FOR MEMBERSHIP BENEFITS INCLUDING WEBLISTING, EDUCATION, ASSOCIATION MAGAZINE, ANNUAL MEETING AND TRADE SHOWS, AND CERTIFICATION PROGRAMS. THERE ARE 211 TOTAL MEMBERS.


INDUSTRY SURVEY PROVIDES MARKET RESEARCH ON SEGMENT GROWTH, PARTICIPANT COMPOSITION, KEY MARKET DRIVERS AND THE FUTURE GROWTH OF THE CONTRACT PACKAGING INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Rob Reinders
President
$0
Jerry Thompson
Vice President
$0
Jon Hayward
Treasurer
$0
Mark O'malley
Past President
$0
Gregory Frazier
Director
$0
Jaclyn Norono-Rodriguez
Director
$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$908,822
Investment income $8,095
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$37,686
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $879,231

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