Association Of Plastic Recyclers Inc
- Assets
- $3.4m
- Revenue
- $3.2m
- Investments
- $1.3m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 04/1994
- Data as of
- 12/2021
- EIN
- 52-1779031
Organization Overview
Association Of Plastic Recyclers Inc is located in Washington, DC. The organization was established in 1994. 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. Association Of Plastic Recyclers 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, Association Of Plastic Recyclers Inc generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 9.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TO PROMOTE POSTCONSUMER PLASTIC RECYCLING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECYCLING WORKSHOPS AND WEBINARS: PROGRAMS FOCUSED ON EDUCATING LOCAL AND STATE RECYCLING OFFICIALS ON THE LATEST IN PLASTICS RECYCLING TECHNOLOGY AND MARKETS, AND HOW TO INCREASE THE AMOUNT OF FUNDS THEY CAN RECEIVE FOR THE PLASTICS THEY COLLECT IN THEIR COMMUNITIES. WE OFFERED ONE IN-PERSON PROGRAM AND EIGHT WEBINAR PROGRAMS IN 2021.
PET AND HDPE RECYCLING RATE REPORTS: IN COOPERATION WITH THREE OTHER ORGANIZATIONS, WE PUBLISH AN ANNUAL RECYCLING RATE REPORT FOR PET AND HDPE BOTTLES. THE REPORT IS POSTED ON OUR WEBSITE AND IS AVAILABLE FREE OF CHARGE.
RIGIDS PLASTIC RECYCLING PROGRAM: TO INVESTIGATE AND SUPPORT THE EXPANSION OF PLASTICS RECYCLING BEYOND PET AND HDPE BOTTLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Alexander President And CEO | Officer | 45 | $390,000 |
Eric Targgart Treasurer | OfficerTrustee | 2 | $0 |
Roxanne Spiekerman Chair | OfficerTrustee | 2 | $0 |
Greg Janson Vice Chair | OfficerTrustee | 2 | $0 |
Dawn Gaines Board Member | Trustee | 2 | $0 |
Tony Moucachen Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wiley Rein Llp Legal | 12/30/21 | $173,650 |
David D Cornell Project Consulting | 12/30/21 | $103,700 |
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 | $3,203,494 |
| Investment income | $2,164 |
| 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 | $3,205,658 |
| 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. | $390,000 |
| 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 | $0 |
| Fees for services: Legal | $176,275 |
| Fees for services: Accounting | $13,987 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,199,186 |
| Advertising and promotion | $8,110 |
| Office expenses | $17,567 |
| Information technology | $35,310 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $20,724 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $45,085 |
| Interest | $18,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,030 |
| All other expenses | $6,000 |
| Total functional expenses | $1,936,274 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $865,540 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $201,799 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,042,198 |
| Investments—other securities | $1,250,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,359,537 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $300,000 |
| Secured mortgages and notes payable | $600,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $60,934 |
| Total liabilities | $960,934 |
| Net assets without donor restrictions | $2,398,603 |
| 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 | $3,359,537 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Association Of Plastic Recyclers Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Institute Of Scrap Recycling Industries Inc Washington, DC PURPOSE: SPONSORSHIP | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amt-The Association For Manufacturing Technology Mclean, VA | $46,538,427 | $7,983,774 |
Personal Care Products Council Washington, DC | $26,566,920 | $19,071,135 |
American Hotel & Lodging Association Directory Corporation Washington, DC | $39,158,961 | $23,973,024 |
Responsible Business Alliance Inc Alexandria, VA | $17,217,182 | $20,384,843 |
Asis International Inc Alexandria, VA | $27,323,586 | $13,144,142 |
National Institute For Automotive Service Exellence Leesburg, VA | $25,163,895 | $18,755,834 |
International Masonry Institute Bowie, MD | $25,662,049 | $19,254,775 |
Association For Financial Professionals Inc Bethesda, MD | $30,134,135 | $15,069,162 |
Portland Cement Association Alexandria, VA | $21,852,055 | $18,216,465 |
American College Of Radiology Association Reston, VA | $28,168,186 | $16,951,008 |
Plastics Industry Association Inc Washington, DC | $19,265,703 | $12,261,158 |
Aerospace Industries Association Of America Inc Arlington, VA | $34,239,387 | $18,520,879 |