Petroleum Packaging Council INC

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Technical leadership and education to the Petroleum Packaging industry professionals.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
69¢ of each $1 spent went to programs.
Run by 15 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $33K a year · 7% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
1 mo
of spending, in cash
Plus $561K in investments, Pt X · Ln 11–13
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$37K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 11 voting members
Worth a look: 5 of 11 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$733K
+16% vs prior year
Spent
$651K
To programs
69%
Net assets
$595K
By yearFY2020–FY2024
Revenue
$733K
FY2024▲ +16%
Tap a bar for its year
Revenue by fiscal year
FY2020$174K
FY2021$308K
FY2022$570K
FY2023$632K
FY2024$733K
Expenses
$651K
FY2024▲ +24%
Tap a bar for its year
Expenses by fiscal year
FY2020$225K
FY2021$307K
FY2022$545K
FY2023$526K
FY2024$651K
Net assets
$595K
FY2024▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$429K
FY2021$460K
FY2022$411K
FY2023$527K
FY2024$595K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1990.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $447K Management & general 31% · $204K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Assistant Treasurer
$0Pt VII · Sec A
Immed. Past Pres.
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Petroleum Packaging Council INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates and provides technical leadership to petroleum packaging industry professionals.

Questions for Petroleum Packaging Council INC

Tap to ask. Petroleum Packaging Council INC sees how many people are interested.

Your first name shows with your question. Petroleum Packaging Council INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $447K · in their own filed words · FY2024
01

PPC convenes twice annually, providing the opportunity to discuss and learn of the latest changes in technology as well as the changes in legislation and regulations. PPC speaks directly to the environmental legislation as it applies to the petroleum packing industry.

$433Kprogram expense
02

Petroleum packaging council, inc. Offered three $4,000 scholarships for children of PPC members in good standing.

$12Kprogram expense
03

PPC special seminars and workshops, "PPC college", are held in conjuction with semi-annual meetings to offer additional learning opportunities to regular and associate members. These services were reinstated in 2021.

$2Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 5 grants · $47K · 2020–2024
Unitemized GrantFY2024$12,000
Unitemized GrantFY2023$10,500
Unitemized GrantFY2022$10,500
Unitemized GrantFY2021$7,000
Unitemized GrantFY2020$7,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$733K
Ln 12
Fees for servicesLn 2g$453K
Gifts and grantsLn 1h$246K
Investment incomeLn 3$34K
Money outPt IX
$651K
Ln 25
Programscol B$447K
Managementcol C$204K
Owns and owesPt X
$595K
net assets · Ln 32
Cash and savingsLn 1–2$69K
Total assetsLn 16$633K
LiabilitiesLn 26$37K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$246K
Fees for servicesLn 2g$453K
Investment incomeLn 3$34K
Gains on assetsLn 7$13K
Total revenueLn 12$733K
Assets in detailPt X, end of year
CashLn 1$69K
Cash and savings togetherLn 1–2$69K
InvestmentsLn 11–13$561K
Land, buildings, equipmentLn 10c$2K
Total assetsLn 16$633K
LiabilitiesLn 26$37K
Net assetsLn 32$595K
OperationsPt I, VI
EmployeesI 50
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$107K$69K
InvestmentsLn 11–13$561K
Land, buildings, equipmentLn 10c$0$2K
Total assetsLn 16$551K$633K
LiabilitiesLn 26$25K$37K
Net assetsLn 32$527K$595K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$12K$12K
Management feesLn 11a$123K$50K$72K
Legal feesLn 11b$46K$46K
Accounting feesLn 11c$10K$10K
Office expensesLn 13$29K$29K
TravelLn 17$12K$12K
Conferences, conventions and meetingsLn 19$373K$373K
Depreciation, depletion and amortizationLn 22$131$131
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$43K$11K$32K
All other expensesLn 24e$590$590
Total functional expensesLn 25$651K$447K$204K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $733K$651K$82K$595K 990 PDF
FY2023 $632K$526K$106K$527K 990 PDF
FY2022 $570K$545K$25K$411K 990 PDF
FY2021 $308K$307K$481$460K 990 PDF
FY2020 $174K$225K−$51K$429K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $733,319 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $165,000$246,052
I-9 Program service revenuePrior year $329,693$452,864
I-10 Investment incomePrior year $15,445$34,403
I-11 Other revenuePrior year $122,262$0
I-12 Total revenuePrior year $632,400$733,319
I-13 Grants and similar amounts paidPrior year $10,500$12,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $515,432$639,051
I-18 Total expensesPrior year $525,932$651,051
I-19 Revenue less expensesPrior year $106,468$82,268
Part VI · Governance 5 of 11 board members independent, 2 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members5
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $733,319 across 7 lines filed
VIII-1b Membership dues$161,150
VIII-1f All other contributions, gifts and grants$84,902
VIII-1h Total contributions, gifts and grants$246,052
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $452,864$452,864
VIII-3 Investment incomeExcluded from tax $21,482$21,482
VIII-7 Net gain or loss on sales of assetsExcluded from tax $12,921$12,921
VIII-12 Total revenueRelated to mission $452,864 · Unrelated business $0 · Excluded from tax $34,403$733,319
Part IX · Statement of functional expenses $651,051 across 11 lines filed
IX-2 Grants to domestic individualsPrograms $12,000$12,000
IX-11a Management feesPrograms $50,252 · Management $72,314$122,566
IX-11b Legal feesManagement $46,000$46,000
IX-11c Accounting feesManagement $9,921$9,921
IX-13 Office expensesManagement $28,687$28,687
IX-17 TravelManagement $12,375$12,375
IX-19 Conferences, conventions and meetingsPrograms $373,035$373,035
IX-22 Depreciation, depletion and amortizationManagement $131$131
IX-23 InsuranceManagement $2,659$2,659
IX-24 Other expenses (24a–d)Programs $11,327 · Management $31,760$43,087
IX-24e All other expensesManagement $590$590
IX-25 Total functional expensesPrograms $446,614 · Management $204,437 · Fundraising $0$651,051
Part X · Balance sheet $632,771 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $107,494$69,205
X-10c Land, buildings and equipment, netStart of year $0$2,491
X-11 Publicly traded securities$561,075
X-16 Total assetsStart of year $551,207$632,771
X-17 Accounts payable and accrued expensesStart of year $3,521$4,083
X-19 Deferred revenueStart of year $21,002$33,273
X-26 Total liabilitiesStart of year $24,523$37,356
X-27 Net assets without donor restrictionsStart of year $526,684$595,415
X-32 Total net assets or fund balancesStart of year $526,684$595,415
X-33 Total liabilities and net assetsStart of year $551,207$632,771
Part XI · Reconciliation of net assets $595,415 net assets at year end
XI-1 Total revenue$733,319
XI-2 Total expenses$651,051
XI-3 Revenue less expenses$82,268
XI-4 Net assets at start of year$526,684
XI-5 Net unrealized gains (losses) on investments−$616
XI-9 Other changes in net assets−$12,921
XI-10 Net assets at end of year$595,415

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.