Promotional Products Association Southwest
- Assets
- $24.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- McKinney, TX
- Founding
- 01/1986
- Data as of
- 12/2022
- EIN
- 75-2055402
Organization Overview
Promotional Products Association Southwest is located in McKinney, TX. The organization was established in 1986. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Promotional Products Association Southwest 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, Promotional Products Association Southwest generated $79.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $81.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE ASSOCIATION IS TO SUPPORT THE GENERAL WELFARE OF THE SPECIALTY ADVERTISING INDUSTRY IN THE NORTH TEXAS, OKLAHOMA, ARKANSAS & NEW MEXICO REGIONS OF THE UNITED STATES BY PROVIDING SERVICES, SUCH AS INDUSTRY EDUCATION, STATISTICAL STANDARDS, AND RESEARCH PROGRAMS, TO IMPROVE ITS SERVICE TO THE PUBLIC, TO DISSEMINATE INFORMATION ABOUT THE INDUSTRY, TO SUPPORT PROMOTIONAL PRODUCTS ASSOCIATION INTERNATIONAL, AND TO ENGAGE IN SUCH OTHER LAWFUL TRADE ASSOCIATION ACTIVITIES AS THE BOARD OF DIRECTORS MAY DETERMINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taylor Anderson President | 2 | $0 | |
Parker Stevens Vice President | 1 | $0 | |
Chad Rizzo Treasurer | 2 | $0 | |
Jarod Thorndike Director | 1 | $0 | |
Megan Hernandez Director | 1 | $0 | |
Tommy Lewis Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $60,398 |
| Membership dues | $20,437 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,328 |
| Other Revenue | $0 |
| Total Revenue | $79,507 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $30,140 |
| Occupancy, rent, utilities, and maintenance | $475 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $51,055 |
| Total expenses | $81,670 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,627 |
| Other assets | $0 |
| Total assets | $24,627 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,627 |