Petroleum Packaging Council Inc
- Assets
- $526.2k
- Revenue
- $307.7k
- Investments
- $0.0
- Employees
- 0
- Location
- San Clemente, CA
- Founding
- 06/1990
- Data as of
- 12/2021
- EIN
- 52-1660887
Organization Overview
Petroleum Packaging Council Inc is located in San Clemente, CA. The organization was established in 1990. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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. Petroleum Packaging Council Inc 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, Petroleum Packaging Council Inc generated $307.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $307.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) 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
TECHNICAL LEADERSHIP AND EDUCATION TO THE PETROLEUM PACKAGING INDUSTRY PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
PETROLEUM PACKAGING COUNCIL, INC. OFFERED TWO $3,500 SCHOLARSHIPS FOR CHILDREN OF PPC MEMBERS IN GOOD STANDING.
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Henry President | OfficerTrustee | 1 | $0 |
Tony Swedersky Secretary | OfficerTrustee | 1 | $0 |
Kevin Whitehead Vice President | OfficerTrustee | 1 | $0 |
Stephen Estok Treasurer | OfficerTrustee | 1 | $0 |
Iris Thomas Assistant Treasurer | Trustee | 1 | $0 |
Sam Merenda Jr Immed. Past Pres. | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $148,741 |
| 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 | $148,741 |
| Total Program Service Revenue | $102,719 |
| Investment income | $10,361 |
| 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 | $307,723 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,000 |
| 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 | $111,960 |
| Fees for services: Legal | $39,917 |
| Fees for services: Accounting | $6,930 |
| 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 | $637 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,071 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $120,150 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,359 |
| All other expenses | $50 |
| Total functional expenses | $307,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,699 |
| Savings and temporary cash investments | $436,470 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $10,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $526,169 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $66,071 |
| 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 | $66,071 |
| Net assets without donor restrictions | $460,098 |
| 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 | $526,169 |
Grants Awarded
Over the last fiscal year, Petroleum Packaging Council Inc has awarded $9,300 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: DONATION TO BENEFIT CITIZENS WITH AFFORDABLE ENERGY | $7,000 |
Washington, DC PURPOSE: DONATION TO HELP PROMOTE MODERN MANUFACTURING AND JUMPSTART NEW APPROACHES TO GROWING MANUFACTURING TALENT. | $1,500 |
La Plata, MD PURPOSE: DONATION FOR WATER PROJECT | $500 |
St Louis, MO PURPOSE: DONATION TO BENEFIT THE CHILDREN | $200 |
Minneapolis, MN PURPOSE: DONATION TO BENEFIT CANCER RESEARCH IN CHILDREN | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alcohol Justice San Rafael, CA | $1,444,255 | $2,007,293 |
Mercado La Paloma Inc Los Angeles, CA | $6,878,012 | $613,882 |
Sandra Day Oconnor Institute Phoenix, AZ | $2,018,643 | $1,483,433 |
Lynx Foundation Novato, CA | $25,094,641 | $88,625 |
California Citrus Quality Council Auburn, CA | $174,846 | $701,118 |
Milk Producers Council Ontario, CA | $352,099 | $565,737 |
Kiwanis Club Of Portland Foundation Portland, OR | $0 | $66,643 |
Carlsbad Airport Centre Owners Association Carlsbad, CA | $175,455 | $363,278 |
Ujf Holdings Corp San Diego, CA | $3,181,098 | $333,062 |
Automotive Service Councils Of California Sacramento, CA | $792,129 | $412,649 |
Spiritual Overseers Service Internaional Corp La Quinta, CA | $150,963 | $360,720 |
Nevada Surplus Lines Foundation Reno, NV | $10,017,031 | $2,652,534 |