2024-11-04T08:46:07-06:00 2024-06-30 362985770 SELDEN FOX LTD ONE PARKVIEW PLAZA SUITE 710 OAKBROOK TERRACE IL 60181 990 2023-07-01 362428816 PRECASTPRESTRESSED CONCRETE INSTITUTE PREC 3127860300 8770 W BRYN MAWR AVENUE 1150 CHICAGO IL 60631 ROBERT RISSER CEO/PRESIDENT 3127860300 2024-10-24 1 0 PAUL J ROZEK P00542258 6309541400 2023 2024-10-15 13:58:12Z ROBERT RISSER 8770 W BRYN MAWR AVENUE 1150 CHICAGO IL 60631 16124147 0 X WWW.PCI.ORG X 1960 IL AS A COLLABORATIVE GROUP OF INDUSTRY STAKEHOLDERS DEDICATED TO PROMOTING THE BROADER USE OF PRECAST CONCRETE SYSTEMS, WE ENGAGE OUR CONSTITUENTS THROUGH STANDARDS DEVELOPMENT, CERTIFICATION, RESEARCH, MARKETING, AND EDUCATION, AND WE COLLABORATE WITH EACH OTHER TO ENHANCE OUR BUSINESSES. 33 33 45 1000 469975 0 0 0 13939471 15415393 199605 273693 328785 305436 14467861 15994522 409626 250000 0 0 4909872 5234046 0 0 0 8926622 9300350 14246120 14784396 221741 1210126 10591474 11996664 5126377 4878852 5465097 7117812 X AS A COLLABORATIVE GROUP OF INDUSTRY STAKEHOLDERS DEDICATED TO PROMOTING THE BROADER USE OF PRECAST CONCRETE SYSTEMS, WE ENGAGE OUR CONSTITUENTS THROUGH STANDARDS DEVELOPMENT, CERTIFICATION, RESEARCH, MARKETING, AND EDUCATION, AND WE COLLABORATE WITH EACH OTHER TO ENHANCE OUR BUSINESSES. 0 0 THE INSTITUTE FOSTERS GREATER UNDERSTANDING AND USE OF PRECAST CONCRETE, MAINTAINS A FULL STAFF OF TECHNICAL AND MARKETING SPECIALISTS TO FACILITATE PROGRAMS INCLUDING A PLANT CERTIFICATION PROGRAM, TRADE PUBLICATIONS AND SERVICES TO MEMBERS IN THE PRECAST/PRESTRESSED CONCRETE INDUSTRY. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 43 0 1 45 1 1 1 0 0 0 0 0 0 0 X 33 33 0 0 0 0 1 1 0 1 1 0 1 1 0 1 0 1 1 1 1 1 0 X BETH TAYLOR 3127860300 8770 W BRYN MAWR AVENUE 1150 CHICAGO IL 60631 JIM FABINSKI CHAIR 0.50 X X 0 0 0 CARLOS CERNA VICE-CHAIR 0.50 X X 0 0 0 CHERYL O LANG SECRETARY/TREASURER 0.50 X X 0 0 0 MATT BALLAIN PAST CHAIR 0.50 X 0 0 0 DUSTY ANDREWS DIRECTOR 0.50 X 0 0 0 STEVE BABCOCK DIRECTOR 0.50 X 0 0 0 NED M CLELAND DIRECTOR 0.50 X 0 0 0 ADAM BAUER DIRECTOR 0.50 X 0 0 0 BRANDON FARLEY DIRECTOR 0.50 X 0 0 0 EVAN FINK DIRECTOR 0.50 X 0 0 0 TROY M JENKINS DIRECTOR 0.50 X 0 0 0 LLOYD KENNEDY DIRECTOR 0.50 X 0 0 0 BRENT KOCH DIRECTOR 0.50 X 0 0 0 BO KUSZNIR DIRECTOR 0.50 X 0 0 0 MATT MAHONSKI DIRECTOR 0.50 X 0 0 0 MATTHEW EVERDING DIRECTOR 0.50 X 0 0 0 ASHLEY FORTENBERRY DIRECTOR 0.50 X 0 0 0 JIM MILLER DIRECTOR 0.50 X 0 0 0 BRIAN MILLER DIRECTOR 0.50 X 0 0 0 RICHARD MILLER DIRECTOR 0.50 X 0 0 0 COREY GREIKA DIRECTOR 0.50 X 0 0 0 ANDREW OSBORN DIRECTOR 0.50 X 0 0 0 DEAN GWIN DIRECTOR 0.50 X 0 0 0 PHILLIP IVERSON DIRECTOR 0.50 X 0 0 0 JIM RENDA DIRECTOR 0.50 X 0 0 0 LENNY SALVO DIRECTOR 0.50 X 0 0 0 ALAN LEBIHAN DIRECTOR 0.50 X 0 0 0 PHILLIP MILLER DIRECTOR 0.50 X 0 0 0 DIEP TU DIRECTOR 0.50 X 0 0 0 COLIN VAN KAMPEN DIRECTOR 0.50 X 0 0 0 KIMBERLY WACKER DIRECTOR 0.50 X 0 0 0 PERRY SCHRAM DIRECTOR 0.50 X 0 0 0 MIKE WOLFF DIRECTOR 0.50 X 0 0 0 ROBERT RISSER PRESIDENT/CEO 50.00 X 421074 0 57854 ELIZABETH TAYLOR CFAO 50.00 X 219542 0 40892 WILLIAM NICKAS MANAGING DIRECTOR-TRANSP S 50.00 X 226680 0 53136 JARED BREWE VICE PRESIDENT TECHNICAL S 50.00 X 189549 0 50480 RANDAL WILSON DIRECTOR ARCHITECTURAL PRE 50.00 X 181022 0 43851 MICHAEL KESSELMAYER MANAGING DIRECTOR, QUALITY 50.00 X 184943 0 10437 THOMAS KLEMENS DIRECTOR, PUBLICATIONS 50.00 X 171454 0 24014 MICHAEL SMITH MANAGER, INFORMATION TECHN 50.00 X 130777 0 38881 REBECCA KING MANAGING DIRECTOR, MARKETI 50.00 X 143118 0 20344 EDITH GALLANDORM DIRECTOR CODES AND STANDAR 50.00 X 126397 0 29551 JOHN MCCONVILL CONTROLLER 50.00 X 122516 0 19417 TIM CULLEN DIRECTOR, TECHNICAL ACTIVI 50.00 X 114411 0 40284 2231483 0 429141 15 0 1 0 ROSS BRYAN ASSOCIATES 227 FRENCH LANDING DRIVE NASHVILLE TN 37228 PLANT INSPECTIONS 2424719 RSM US LLP 5155 PAYSPHERE CIRCLE CHICAGO IL 60674 SOFTWARE SUPPORT 266696 LSC PO BOX 932987 CLEVELAND OH 44193 PUBLISHING 227951 SK GHOSH & ASSOCIATES 4051 W FLOSSMOOR RD COUNTRY CLUB HILLS IL 60478 PROFESSINAL SERVICES 166826 DINO PUBLISHING 350 W HUBBARD ST SUITE 400 CHICAGO IL 60610 MARKETING 150000 5 MEMBERSHIP DUES 900099 9242818 9242818 CERTIFICATION PROGRAMS 900099 4768932 4768932 ANNUAL CONVENTION 900099 933668 933668 PUBLICATION ADVERTISING 513190 469975 469975 15415393 300093 300093 26400 -26400 -26400 -26400 236357 103225 133132 133132 OTHER INCOME 900099 172304 172304 172304 15994522 15224454 469975 300093 X 200000 50000 1800266 2633315 141450 369857 289158 19866 44782 3131462 18938 575142 652909 275596 499230 1806575 1207652 254481 115294 PERIODICAL EXPENSES 437708 DUES AND SUBSCRIPTIONS 93903 INDUSTRY RESEARCH AND D 54443 EMPLOYEE TRAINING AND R 54035 58334 14784396 2824894 2378880 566433 878008 442311 377027 2460383 1503759 892902 956624 4578996 6148770 1285938 1257355 10591474 11996664 829071 955279 435000 200000 1837652 1613905 2024654 2109668 5126377 4878852 X 5465097 7117812 5465097 7117812 10591474 11996664 1210126 442589 0 X X 0 1 X 1 0 0 0 0 9242818 36000 36000 36000 SCHEDULE C, PART III-B LOBBYING ACTIVITIES CONSIST OF GRASSROOTS LOBBYING WHICH INCLUDE MONITORING LEGISLATION AFFECTING THE PRECAST CONCRETE INDUSTRY. 932148 341038 591110 499022 314692 184330 1029213 848029 181184 956624 SECURITY DEPOST 46705 ASSETS IN NONQUALIFIED DEFERRED COMPENSATION PLAN 559259 RIGHT OF USE ASSET, OPERATING LEASE 651391 1257355 PAYABLE DUE TO REGIONS 299612 LIABILITY FOR NONQUALIFIED DEFERRED COMPENSATION PLAN 498013 FINANCE LEASE OBLIGATIONS 128596 OPERATING LEASE LIABILITY 1183447 2109668 X 16540336 442589 103225 545814 15994522 0 15994522 14887621 103225 103225 14784396 0 14784396 PART X, LINE 2: THE INSTITUTE IS INCORPORATED AS A NOT-FOR-PROFIT CORPORATION, AND EXEMPT FROM FEDERAL INCOME TAXES AS DESCRIBED IN SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND CORRESPONDING PROVISIONS OF STATE LAW, AND ACCORDINGLY, IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES EXCEPT TO THE EXTENT OF ANY UNRELATED BUSINESS INCOME AND PROXY TAX FROM LOBBYING ACTIVITIES. IN FISCAL 2024 AND 2023, THERE WAS NO PROVISION FOR UNRELATED BUSINESS INCOME TAX OR PROXY TAX. THE INSTITUTE'S FISCAL 2021, 2022, AND 2023 ANNUAL INFORMATION RETURNS FILED WITH THE INTERNAL REVENUE SERVICE AND ARE OPEN TO EXAMINATION FOR THE STATUTORY PERIOD. ASC TOPIC 740 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE INSTITUTE MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE INSTITUTE AND VARIOUS POSITIONS RELATED TO THE SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. FOR THE REPORTING PERIODS PRESENTED IN THE FINANCIAL STATEMENTS, THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES. THERE WERE NO LIABILITIES FOR UNRELATED BUSINESS INCOME TAXES FOR THE PERIODS PRESENTED HEREIN. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - PUBLICATIONS 103,225. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - PUBLICATIONS 103,225. 0 0 0 0 0 0 0 0 0 0 NORTH AMERICA RESEARCH AND DEVELOPMENT 50000 WIRE TRANSFER 0 1 0 0 0 0 0 0 0 1 LEHIGH UNIVERSITY 117 ATLSS DRIVE ROOM A-112 BETHLEHEM PA 18015 240795445 501(C)(3) 50000 0 RESEARCH AND DEVELOPMENT NORTH CAROLINA STATE UNIVERSITY 2414 CAMPUS SHORE DRIVE CAMPUS BOX 7533 RALEIGH NC 27606 566000756 501(C)(3) 50000 0 RESEARCH AND DEVELOPMENT UNIVERSITY OF ALABAMA 2037C SERC BUILDING BOX 870205 TUSCALOOSA AL 35487 636001138 501(C)(3) 100000 0 RESEARCH AND DEVELOPMENT 3 0 PART I, LINE 2: THE INSTITUTE'S RESEARCH AND DEVELOPMENT COUNCIL SOLICITS PROPOSALS FROM HIGHER EDUCATION INSTITUTIONS FOR RESEARCH PROJECTS THAT ARE OF INTEREST TO THE PRECAST/PRESTRESSED CONCRETE INDUSTRY. THE SOLICITATION INCLUDES INSTRUCTIONS FOR PROPOSALS, INCLUDING THE RULES FOR THE RESEARCH AND DEVELOPMENT COUNCIL FELLOWSHIP PROGRAM. EACH PROPOSAL IS EVALUATED AND RATED BASED ON CRITERIA ESTABLISHED BY THE INSTITUTE AND THEN THE RESEARCH AND DEVELOPMENT COUNCIL AWARDS THE FELLOWSHIPS TO THE HIGHER EDUCATION INSTITUTION BASED ON THE PROPOSALS' RATING AND OTHER CRITERIA AS ESTABLISHED BY THE INSTITUTE. AWARDED PROJECTS ARE MONITORED BY THE RESEARCH AND DEVELOPMENT COUNCIL THROUGH THE END OF THE PROJECT WHEN THE INSTITUTE GENERALLY RECECIVES A REPORT FROM THE HIGHER EDUCATION INSTITUTION. X X X X 0 0 0 ROBERT RISSER PRESIDENT/CEO 412327 0 8747 0 0 0 19380 0 38474 0 478928 0 0 0 WILLIAM NICKAS MANAGING DIRECTOR-TRANSP S 220680 0 6000 0 0 0 14662 0 38474 0 279816 0 0 0 ELIZABETH TAYLOR CFAO 211542 0 8000 0 0 0 13784 0 27108 0 260434 0 0 0 JARED BREWE VICE PRESIDENT TECHNICAL S 180549 0 9000 0 0 0 12259 0 38221 0 240029 0 0 0 RANDAL WILSON DIRECTOR ARCHITECTURAL PRE 176022 0 5000 0 0 0 5592 0 38259 0 224873 0 0 0 THOMAS KLEMENS DIRECTOR, PUBLICATIONS 167654 0 3800 0 0 0 10106 0 13908 0 195468 0 0 0 MICHAEL KESSELMAYER MANAGING DIRECTOR, QUALITY 178943 0 6000 0 0 0 10437 0 0 0 195380 0 0 0 MICHAEL SMITH MANAGER, INFORMATION TECHN 125277 0 5500 0 0 0 8727 0 30154 0 169658 0 0 0 REBECCA KING MANAGING DIRECTOR, MARKETI 134118 0 9000 0 0 0 8581 0 11763 0 163462 0 0 0 EDITH GALLANDORM DIRECTOR CODES AND STANDAR 119697 0 6700 0 0 0 8170 0 21381 0 155948 0 0 0 TIM CULLEN DIRECTOR, TECHNICAL ACTIVI 109611 0 4800 0 0 0 7995 0 32289 0 154695 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN THE INSTITUTE SHALL BE EITHER ORGANIZATIONAL MEMBERSHIP OR INDIVIDUAL MEMBERSHIP. ORGANIZATION MEMBERSHIP CONSISTS OF PRODUCER, ERECTOR, ASSOCIATE AND SUPPORTING ORGANIZATION MEMBERS. INDIVIDUAL MEMBERSHIPS CONSIST OF PROFESSIONAL, ASSOCIATE PROFESSIONAL, STUDENT AND SUPPORTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A IN MEMBERSHIP MEETINGS AND ELECTIONS UNDER THE BYLAWS AND IN OTHER MATTERS THAT MAY, AT THE SOLE DISCRETION OF THE BOARD OF DIRECTORS, BE PRESENTED FOR VOTE TO THE PRODUCER, ERECTOR, ASSOCIATE AND PROFESSIONAL MEMBERSHIPS, EACH PRODUCER, ERECTOR, ASSOCIATE AND PROFESSIONAL MEMBER HAS ONE VOTE. ALL OTHER CLASSES OF MEMBERSHIP ARE NON-VOTING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE PRESIDENT AND CHIEF FINANCIAL AND ADMINISTRATIVE OFFICER PRIOR TO FILING. FINANCIAL ISSUES ARE OVERSEEN BY THE EXECUTIVE COMMITTEE ON A DETAILED BASIS AND THE BOARD OF DIRECTORS ON A GENERAL BASIS. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH COMMITTEE/COUNCIL/BOARD MEETING, ATTENDEES SIGN THE ATTENDEE LIST THAT INDICATES THAT THEY WILL ABIDE BY THE CONFLICT OF INTEREST POLICY. AN ATTENDEE IS EXPECTED TO ABSTAIN FROM VOTING ON ANY MOTION THAT WOULD IMPACT THEIR BUSINESS OR THEM PERSONALLY. FORM 990, PART VI, SECTION B, LINE 15 THE BUDGET PLANNING AND REVIEW TEAM RECOMMENDS, AND ULTIMATELY THE BOARD OF DIRECTORS, APPROVES THE SALARIES OF THE STAFF IN AGGREGATE AS A PART OF ITS APPROVAL OF THE BUDGET. THE EXECUTIVE COMMITTEE APPROVES SALARY AND BONUS OF THE PRESIDENT, SETS THE AGGREGATED TOTAL AMOUNTS FOR STAFF BONUSES AND INDIVIDUAL STAFF SALARIES. OTHER BONUSES ARE SET BY THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENTAL AGENCIES. FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE INSTITUTE. FORM 990, PART IX, LINE 11G PLANT CERTIFICATION/QUALITY ASSURANCE SERVICES 2,486,160. TECHNICAL CONSULTING 567,199. GENERAL AND ADMINISTRATIVE SERVICES 65,845. OTHER FEES FOR SERVICE 12,258. FORM 990, PART XII, LINE 2C PCI'S EXECUTIVE COMMITTEE IS RESPONSIBLE FOR SELECTING THE INDEPENDENT ACCOUNTANT AND OVERSEEING THE AUDIT OF ITS FINANCIAL STATEMENTS ON AN ANNUAL BASIS. THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS.