Promotional Products Association International
- Assets
- $24.3m
- Revenue
- $12.9m
- Investments
- $0.0
- Employees
- 44
- Location
- Irving, TX
- Founding
- 05/1965
- Data as of
- 12/2021
- EIN
- 36-2332840
Organization Overview
Promotional Products Association International is located in Irving, TX. The organization was established in 1965. 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. As of 12/2021, Promotional Products Association International employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Promotional Products Association International 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 12/2021, Promotional Products Association International generated $12.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $14.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES MEMBERS WITH A WIDE RANGE OF SERVICES WHICH ARE DESIGNED TO HELP BOTH SUPPLIERS AND DISTRIBUTORS EXPAND AND IMPROVE THEIR MARKETS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONVENTION - ONE TRADE SHOW WITH 10,000 PARTICIPANTS.
INDUSTRY PROMOTIONS - PROMOTION OF THE INDUSTRY TO END USERS THROUGH PUBLICATIONS, ADVERTISING & AWARD PROGRAMS.
INDUSTRY NEWS PUBLICATIONS - MAILED TO ALL MEMBERS & NON-MEMBER SUBSCRIBERS. EXPENSES INCLUDE ALL DIRECT COSTS & ALLOCATION OF MANAGEMENT & GENERAL EXPENSES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Mclean Executive Vice President | Officer | 40 | $287,110 |
Alan Peterson VP Of Business Dev | Officer | 40 | $260,869 |
Paul Bellantone Former President/ceo | 40 | $198,510 | |
Anne Lardner-Stone Director Of Public Affairs | 40 | $183,597 | |
Ellen Tucker Director Of Business Develop | Officer | 40 | $183,180 |
Paul Elfstrom Director Of It | 40 | $169,189 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Weycer Kaplan Pulaski Zuber Legal Services | 12/30/18 | $112,345 |
Havas Formula Llc Public Relations | 12/30/18 | $100,000 |
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 | $11,605,234 |
| Investment income | $89,724 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $63,702 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,861,271 |
| 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. | $868,378 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $415,233 |
| Pension plan accruals and contributions | $60,172 |
| Other employee benefits | $94,601 |
| Payroll taxes | $62,228 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $137,731 |
| Fees for services: Accounting | $91,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $104,353 |
| Advertising and promotion | $0 |
| Office expenses | $313,480 |
| Information technology | $95,234 |
| Royalties | $0 |
| Occupancy | $185,230 |
| Travel | $36,079 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,962 |
| Interest | $12,273 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $180,742 |
| Insurance | $118,297 |
| All other expenses | $1,936,956 |
| Total functional expenses | $13,984,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,565,226 |
| Savings and temporary cash investments | $4,174,267 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $370,227 |
| 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 | $4,408,719 |
| Net Land, buildings, and equipment | $1,293,306 |
| Investments—publicly traded securities | $2,455,769 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,166 |
| Total assets | $24,269,680 |
| Accounts payable and accrued expenses | $1,013,057 |
| Grants payable | $0 |
| Deferred revenue | $11,892,886 |
| 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 | $1,349,247 |
| Other liabilities | $0 |
| Total liabilities | $14,255,190 |
| Net assets without donor restrictions | $10,014,490 |
| 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 | $24,269,680 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dallas Convention & Visitors Bureau Dallas, TX | $16,156,055 | $23,486,746 |
Houston Association Of Realtors Houston, TX | $18,624,507 | $23,447,617 |
Texas Association Of Realtors Austin, TX | $94,503,864 | $29,443,210 |
Arlington Convention & Visitors Bureau Inc Arlington, TX | $3,519,065 | $16,656,136 |
Promotional Products Association International Irving, TX | $24,269,680 | $12,861,271 |
Greater Oklahoma City Chamber Of Commerce Oklahoma City, OK | $12,639,674 | $12,068,118 |
Chamber Of Commerce Metropolitan Tulsa Tulsa, OK | $9,253,345 | $10,228,951 |
Fort Worth Convention And Visitors Bureau Fort Worth, TX | $6,320,777 | $12,812,000 |
Austin Convention And Visitors Bureau Inc Austin, TX | $8,364,471 | $6,830,186 |
Texas Municipal League Austin, TX | $8,928,481 | $7,134,656 |
Greater Austin Chamber Of Commerce Austin, TX | $7,488,664 | $6,719,729 |
San Antonio Economic Development Foundation San Antonio, TX | $4,503,315 | $6,901,379 |