2021-08-10T14:39:26-05:00 2020-12-31 420714325 RSM US LLP 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2020-01-01 510391748 VINYL INSTITUTE INC VINY 2027652280 1747 PENNSYLVANIA AVE NW NO 825 WASHINGTON DC 20006 NED MONROE PRESIDENT & CEO 2027652280 2021-08-10 1 NED MONROE XXX-XX-XXXX SARA SMITH P01332734 2022932200 2021-08-10 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z NED MONROE 1747 PENNSYLVANIA AVE NW NO 825 WASHINGTON DC 20006 7278142 0 X WWW.VINYLINFO.ORG X 1999 DC THE VINYL INSTITUTE IS DEDICATED TO PROMOTING THE BENEFITS OF VINYL PRODUCTS. 13 13 10 50 0 0 0 0 6967386 6084195 79292 18468 1000 5136 7047678 6107799 49350 0 0 0 1833708 2101095 0 0 0 4981722 3896328 6864780 5997423 182898 110376 1985408 2528080 1735686 2083270 249722 444810 TOGETHER, WE SHAPE THE FUTURE OF THE VINYL INDUSTRY. 0 0 MEMBERSHIPS - THE VINYL INSTITUTE PAYS MEMBERSHIP DUES TO ALLIED TRADE ASSOCIATIONS WHO WORK TO PROMOTE THE SAFE USE OF PVC/VINYL PRODUCTS. VI MEMBERSHIP DUES IN ALLIED TRADE ASSOCIATIONS ENSURE THAT THE INDUSTRY COLLABORATES TO ANTICIPATE, TRACK AND RESPOND TO LEGISLATIVE, REGULATORY AND LEGAL ISSUES RELATED TO THE USE OF PVC RESINS AND ADDITIVES, WHICH OUR MEMBERS PRODUCE. MEMBERSHIP DUES TO OTHER ASSOCIATIONS ALSO HELPS IMPROVE MANAGEMENT AND COMMUNICATIONS OF ISSUES NECESSARY TO PROTECT AND ADVANCE THE REPUTATION OF THE PVC INDUSTRY. PROMOTIONS - THE VINYL INSTITUTE FUNDS PROGRAMS FOR THE SAFE MANUFACTURE AND USE OF VINYL PRODUCTS, INCLUDING THEIR ABILITY TO BE RECYCLED. THIS IS DONE THROUGH ADVERTISING, TRADE SHOWS, SEMINARS, WEBSITES, AND PROMOTIONAL LITERATURE. ADVOCACY - THE VINYL INSTITUTE DEFENDS AND PROMOTES THE USE OF PVC AND VINYL PRODUCTS THROUGH PARTICIPATION ON MANY CODES AND STANDARDS DEVELOPING BODIES, AND THROUGH DIRECT AND INDIRECT LOBBYING OF STATE AND FEDERAL GOVERNMENT LEGISLATIVE AND REGULATORY BODIES. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 10 1 0 0 0 0 1 1 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X THE ORGANIZATION 2027652280 1747 PENNSYLVANIA AVE NW NO 825 WASHINGTON DC 20006 JASON HART CHAIR 2.00 X X 0 0 0 ROGER KEARNS VICE CHAIR 2.00 X X 0 0 0 RICHARD HEINLE TREASURER 2.00 X X 0 0 0 RICHARD MASON SECRETARY 2.00 X X 0 0 0 DON TOWNLEY DIRECTOR 2.00 X 0 0 0 BILL HARTMAN DIRECTOR 2.00 X 0 0 0 MELANIE BOWER DIRECTOR 2.00 X 0 0 0 STEVEN KAHARA DIRECTOR 2.00 X 0 0 0 LARRY SHAW DIRECTOR 2.00 X 0 0 0 JAMES GRAY DIRECTOR 2.00 X 0 0 0 LOUIS CAPPUCCI DIRECTOR 2.00 X 0 0 0 ROBERT EMERY DIRECTOR 2.00 X 0 0 0 RICK TERRILL DIRECTOR 2.00 X 0 0 0 NED MONROE PRESIDENT & CEO 40.00 X 377373 0 74485 JAY THOMAS VP, SUSTAINABILITY 40.00 X 192860 0 61201 KEVIN KOONCE VP, GOVT AFFAIRS 40.00 X 187531 0 50219 RICHARD KROCK SR VP, REG/TECHNICAL AFFAIRS 40.00 X 185913 0 55762 SUSAN WADE VP, MARKETING & COMM 40.00 X 184247 0 59219 DOMENIC DECARIA TECHNICAL DIRECTOR 40.00 X 169454 0 29335 1297378 0 330221 6 0 1 0 HOGAN LOVELLS US LLP PO BOX 75890 BALTIMORE MD 21275 CONSULTING 186000 STATEHOUSE STRATEGY LLC 1803 LIZZY LANE ALLEN TX 75013 CONSULTING 117812 ALPINE GROUP 500 NORTH CAPITOL NW SUITE 210 WASHINGTON DC 20001 CONSULTING 110000 COMMAND SOLUTIONS LLC 2 COLONEL WINSTEAD DRIVE BRENTWOOD TN 37027 CONSULTING 102708 4 MEMBERSHIP DUES 900099 5997450 5997450 SPECIAL PROJECTS 900099 74750 74750 MEETINGS 900099 11995 11995 6084195 48104 48104 5136 5136 1140707 1170343 -29636 -29636 -29636 6107799 6084195 0 23604 X 455355 1280872 136880 127018 100970 8442 115527 83474 1649947 82968 37414 62524 260185 39703 112326 63989 8743 DUES & SUBSCRIPTIONS 1038452 PROJECTS 315554 PAYROLL PROCESSING FEES 20194 TAXES -3114 5997423 153745 948114 55000 60000 68395 35997 805730 591127 278593 214603 1429675 1269366 1985408 2528080 416465 802882 915000 931121 404221 349267 1735686 2083270 X 249722 444810 249722 444810 1985408 2528080 110376 84712 0 X X 0 1 X 1 0 0 0 1 5889700 760559 852393 1612952 641977 970975 494468 289779 204689 202371 198997 3374 108891 102351 6540 214603 CAPITAL LEASE OBLIGATION 3154 DEFERRED RENT INCENTIVE 216551 TENANT IMPROVEMENTS 129562 349267 6184069 84712 84712 6099357 8442 8442 6107799 5988981 0 5988981 8442 8442 5997423 X X 0 0 0 NED MONROE PRESIDENT & CEO 327373 0 50000 0 0 0 34392 0 43590 0 455355 0 0 0 JAY THOMAS VP, SUSTAINABILITY 187860 0 5000 0 0 0 21819 0 41037 0 255716 0 0 0 SUSAN WADE VP, MARKETING & COMM 181247 0 3000 0 0 0 21956 0 40760 0 246963 0 0 0 RICHARD KROCK SR VP, REG/TECHNICAL AFFAIRS 180913 0 5000 0 0 0 18688 0 38393 0 242994 0 0 0 KEVIN KOONCE VP, GOVT AFFAIRS 184531 0 3000 0 0 0 22009 0 31284 0 240824 0 0 0 DOMENIC DECARIA TECHNICAL DIRECTOR 165824 0 2500 0 1130 0 20494 0 9838 0 199786 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THE MEMBERS OF THE EXECUTIVE COMMITTEE ARE AS FOLLOWS: THE VOTING REPRESENTATIVE FROM EACH COMPANY MEMBER AND THE INSTITUTE PRESIDENT, WHO SHALL HAVE NO VOTE IN THE BOARD'S DELIBERATIONS. GENERAL MANAGEMENT OF THE PROPERTY, FUNDS, AND BUSINESS OF THE INSTITUTE SHALL BE THE RESPONSIBILITY OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL: - APPROVE THE INSTITUTE'S PURPOSE, VISION AND MISSION STATEMENTS; - APPROVE THE INSTITUTE'S BUDGET; - ESTABLISH GENERAL POLICIES AND OPERATING PROCEDURES FOR THE INSTITUTE AND CONDUCT STRATEGIC PLANNING; - APPROVE THE INSTITUTE'S FINANCIAL REPORTS AND INVESTMENT PLANS; - APPROVE THE SELECTION OF AUDITORS, BANKING ESTABLISHMENTS, AND INVESTMENT COUNSELORS FOR THE INSTITUTE; - RATIFY APPOINTMENTS MADE BY THE CHAIRMAN OF THE EXECUTIVE COMMITTEE UNDER THE POWERS GIVEN THE CHAIRMAN TO MAKE SUCH APPOINTMENTS; - APPOINT THE INSTITUTE'S PRESIDENT AND CHIEF EXECUTIVE OFFICER; - DESIGNATE THE TIME AND PLACE OF THE GENERAL MEMBERSHIP MEETING OF THE INSTITUTE, AS WELL AS MEETINGS OF THE EXECUTIVE COMMITTEE; AND - DIRECT THE ACTIVITIES OF THE PRESIDENT. FORM 990, PART VI, SECTION A, LINE 6 THE VINYL INSTITUTE HAS MEMBER COMPANIES WHO PAY ANNUAL DUES TO THE ASSOCIATION. THESE COMPANIES ARE INVOLVED IN THE MANUFACTURE OF PVC RESIN AND ADDITIVES FOR VINYL PRODUCTS. ANY COMPANY RECOGNIZED AS A LEGAL ENTITY MAY BECOME A MEMBER OF THE INSTITUTE PROVIDED THAT IT FALLS IN ONE OF THE LISTED MEMBERSHIP CLASSES. 1. COMPANY MEMBER: COMPANY MEMBERSHIP SHALL BE OPEN TO ANY COMPANY WITH THE CAPACITY IN THE UNITED STATES TO MANUFACTURE ONE BILLION POUNDS OR MORE OF VINYL CHLORIDE SUSPENSION POLYMERS OR COPOLYMERS. 2. ASSOCIATE MEMBER: ASSOCIATE MEMBERSHIP SHALL BE OPEN TO ANY COMPANY WITH THE CAPACITY IN THE U.S. TO: (1) MANUFACTURE LESS THAN ONE BILLION POUNDS OF VINYL CHLORIDE SUSPENSION POLYMERS OR COPOLYMERS; (2) VINYL CHLORIDE MONOMER; OR (3) VINYL CHLORIDE DISPERSION POLYMER. 3. SUPPLIER MEMBER: SUPPLIER MEMBERSHIP SHALL BE OPEN TO ANY COMPANY THAT MANUFACTURES IN THE U.S. ADJUVANTS OR OTHER RAW MATERIALS USED IN THE MANUFACTURE, COMPOUNDING, OR FABRICATION OF VINYL CHLORIDE POLYMERS, SUCH AS POLYMERIZATION CATALYSTS, PLASTICIZERS, STABILIZERS, LUBRICANTS, FILTERS, PROCESSING AIDS, AND IMPACT MODIFIERS. 4. CONVERTER/FORMULATOR MEMBER: CONVERTER/FORMULATOR MEMBERSHIP SHALL BE OPEN TO ANY COMPANY THAT IN THE U.S.: (1) CONVERTS VINYL-BASED MATERIALS INTO PRODUCTS; OR (2) FORMULATES OR COMPOUNDS VINYL-BASED PRODUCTS. 5. INTERNATIONAL MANUFACTURER MEMBER: INTERNATIONAL MANUFACTURER MEMBERSHIP SHALL BE OPEN TO NON-U.S. MANUFACTURERS OF VINYL CHLORIDE OR VINYL CHLORIDE POLYMERS OR COPOLYMERS. FORM 990, PART VI, SECTION A, LINE 7A EACH COMPANY, ASSOCIATE, SUPPLIER, AND CONVERTER/FORMULATOR MEMBER MAY APPOINT A VOTING REPRESENTATIVE TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS PREPARED BY VINYL INSTITUTE'S OUTSIDE ACCOUNTING FIRM AND WAS PRESENTED TO THE PRESIDENT FOR HIS REVIEW. THE FORM 990 WAS ALSO SENT TO THE EXECUTIVE COMMITTEE FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IN A MATTER IS AN INTERESTED PERSON. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON DISCLOSES THE EXISTENCE OF THE FINANCIAL INTEREST AND IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE EXECUTIVE COMMITTEE AND MEMBERS OF COMMITTEES WITH GOVERNING-BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. IF A CONFLICT OF INTEREST ARISES, THE PRESIDENT ADDRESSES THE CONFLICT WITH THE ADVICE OF LEGAL COUNSEL, TO THE APPROPRIATE RESOLUTION FOR VINYL INSTITUTE. AT THE BEGINNING OF EACH YEAR, THE PRESIDENT PRESENTS THE CONFLICT OF INTEREST POLICY TO THE STAFF OF VINYL INSTITUTE. EACH STAFF MEMBER IS REQUIRED TO REVIEW, SIGN, AND CONFIRM COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION CONTRACT IS REVIEWED AND APPROVED BY THE INSTITUTE'S EXECUTIVE COMMITTEE, WHO DOCUMENT THE DELIBERATION AND DECISION IN A TIMELY MANNER. OTHER KEY EMPLOYEES ARE REVIEWED FOR PERFORMANCE AND SALARY ANNUALLY BY THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 VINYL INSTITUTE DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G CONSULTING 712,826. TSCA CONSULTANTS 197,543. STEWARDSHIP 199,420. PVC CONSULTANTS 396,724. OTHER PROFESSIONAL FEES 84,410. WORKER SAFETY 59,024. FORM 990, PART XII, LINE 2C THERE IS NO CHANGE TO THE AUDIT REVIEW PROCESS FROM THE PRIOR YEAR.