Portable Generator Manufacturers Association
- Assets
- $287.8k
- Revenue
- $482.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 11/2009
- Data as of
- 12/2022
- EIN
- 34-1921591
Organization Overview
Portable Generator Manufacturers Association is located in Cleveland, OH. The organization was established in 2009. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Portable Generator Manufacturers 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, Portable Generator Manufacturers Association generated $482.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $486.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND PROTECT THE INTERESTS OF MANUFACTURERS OF PORTABLE (CONTINUED ON SCHEDULE O) GENERATORS AND PROMOTE THE SAFE USE OF PORTABLE GENERATORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP PERFORMANCE, SAFETY, AND OTHER STANDARDS FOR PORTABLE GENERATORS: THIS ACTIVITY WILL PROVIDE PURCHASERS, USERS, AND MANUFACTURERS WITH VALUABLE INFORMATION AND TOOLS. STANDARDIZATION WILL HELP PURCHASERS AND USERS SELECT THE PROPER GENERATOR FOR THEIR SPECIFIC APPLICATION, LEADING TO MORE EFFICIENT USE OF RESOURCES AND ENHANCING SATISFACTION AND WELFARE OF THE GENERAL PUBLIC. EDUCATIONAL AND ADVOCACY PROGRAMS FOR THE CONSUMER PRODUCT SAFETY COMMISSION (CPSC) ABOUT THE SAFE USE OF PORTABLE GENERATORS AND PERFORMANCE/SAFETY STANDARDS.
PROMOTE THE SAFE USE OF PORTABLE GENERATORS BY DEVELOPING SPECIFICATION AND APPLICATION MATERIALS: DEVELOPMENT OF INFORMATIVE ARTICLES FOR PLACEMENT IN TRADE JOURNALS, THE PGMA WEBSITE, AND OTHER SOURCES OF INFORMATION WILL ASSIST PURCHASERS AND USERS IN THE SAFE USE OF GENERATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Carter Vice President | OfficerTrustee | 0.5 | $0 |
Gary Childress Director | Trustee | 0.5 | $0 |
Sri Kanchibho Director | Trustee | 0.5 | $0 |
Tom Kim Director | Trustee | 0.5 | $0 |
Dennis Lamberty Director | Trustee | 0.5 | $0 |
Greg Montgomery Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bracewell Llp Consulting | 12/30/22 | $180,000 |
Thomas Associates Inc Management | 12/30/22 | $140,150 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $222,537 |
| 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 | $222,537 |
| Total Program Service Revenue | $259,802 |
| Investment income | $8 |
| 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 | $482,583 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $140,150 |
| Fees for services: Legal | $58,261 |
| Fees for services: Accounting | $6,735 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,647 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,107 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,091 |
| All other expenses | $0 |
| Total functional expenses | $486,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $265,284 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $785 |
| 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 | $6,835 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,904 |
| Total assets | $287,808 |
| Accounts payable and accrued expenses | $43,290 |
| Grants payable | $0 |
| Deferred revenue | $110,493 |
| 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 | $153,783 |
| Net assets without donor restrictions | $134,025 |
| 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 | $287,808 |