PRESSURE SENSITIVE TAPT COUNCIL INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
PRESSURE SENSITIVE TAPT COUNCIL INC (EIN 36-6109280)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-13
IRS object ID
202543179349307749
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-13T14:21:22-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN481243147PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHRISTOPHER J CLAIR CPA PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16409 GLADSTONE DRIVEAddressLine1Txt
CitySHAWNEECityNm
State AbbreviationKSStateAbbreviationCd
ZIP66218ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN366109280EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PRESSURE SENSITIVE TAPE COUNCILBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPRESBusinessNameControlTxt
Phone8476862250PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 WEST JACKSON BLVD SUITE 1412AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60604ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHELLE MILLERPersonNm
Person TitleEXECUTIVE VICE PRESIDENTPersonTitleTxt
Phone8476862250PhoneNum
Signature2025-11-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISTOPHER J CLAIRPreparerPersonNm
PTINP00218187PTIN
Phone9132442521PhoneNum
Preparation2025-11-13PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHELLE MILLERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 WEST JACKSON BLVD SUITE 1412AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60604ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,309,852GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website Addresswww.pstc.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1953FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTHE PSTC IS RECOGNIZED AS THE INFLUENTIAL NORTH AMERICAN TRADE ASSOCIATION OF WORLD-CLASS PRESSURE SENSITIVE ADHESIVE TAPE MANUFACTURERS AND THEIR SUPPLIERS, WHOSE GOAL IS TO INCREASE THE GLOBAL USAGE OF PSA TAPE PRODUCTS.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers75TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$25,700PYContributionsGrantsAmt
CY Contributions Grants$30,850CYContributionsGrantsAmt
PY Program Service Revenue$1,138,964PYProgramServiceRevenueAmt
CY Program Service Revenue$1,229,384CYProgramServiceRevenueAmt
PY Investment Income$25,396PYInvestmentIncomeAmt
CY Investment Income$46,618CYInvestmentIncomeAmt
PY Other Revenue$3,952PYOtherRevenueAmt
CY Other Revenue$3,000CYOtherRevenueAmt
PY Total Revenue$1,194,012PYTotalRevenueAmt
CY Total Revenue$1,309,852CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,047,725PYOtherExpensesAmt
CY Other Expenses$1,047,394CYOtherExpensesAmt
PY Total Expenses$1,047,725PYTotalExpensesAmt
CY Total Expenses$1,047,394CYTotalExpensesAmt
PY Revenues Less Expenses$146,287PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$262,458CYRevenuesLessExpensesAmt
Total Assets BOY$1,084,232TotalAssetsBOYAmt
Total Assets EOY$1,278,652TotalAssetsEOYAmt
Total Liabilities BOY$302,874TotalLiabilitiesBOYAmt
Total Liabilities EOY$234,836TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$781,358NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,043,816NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE PRESSURE SENSITIVE TAPE COUNCIL IS TO BE THE VOICE OF NORTH AMERICAN TAPE MANUFACTURERS WITHIN THE GLOBAL INDUSTRY. THE MISSION IS ACCOMPLISHED BY PROMOTING HARMONIZED GLOBAL TEST METHODS FOR QUALITY ASSURANCE, BY PROACTIVELY INFLUENCING RELEVANT LEGISLATIVE, REGULATORY, SUPPLY CHAIN AND ENVIRONMENTAL ISSUES AND BY PROVIDING AND SHARING INFORMATION ABOUT THE TAPE INDUSTRY THROUGH PUBLICATIONS, TECHNICAL AND EDUCATIONAL SEMINARS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescTECHNICAL SEMINAR/TAPE SUMMIT: EACH YEAR, PSTC REVIEWS NUMEROUS PAPERS ON THE LATEST SCIENTIFIC AND MANUFACTURING DEVELOPMENTS IN THE PRESSURE SENSITIVE ADHESIVE TAPE INDUSTRY. THOSE THAT MEET ITS QUALITY STANDARDS ARE SELECTED FOR PRESENTATION AT THE ANNUAL TECHNICAL SEMINAR/TAPE SUMMIT AND PRINTED IN THE PROCEEDINGS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescTAPE UNIVERSITY: PSTC PRODUCES TRADITIONAL 2 LEVEL PSA TAPE TRAINING CLASSES AVERAGING ABOUT 30-40 ATTENDEES PER CLASS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescANNUAL MEETING: A FIVE DAY PROGRAM CONSISTING OF TWO DAYS OF TAPE TRAINING CLASSES FOLLOWED BY A THREE DAY TECHNICAL SEMINAR. THE SEMINAR HAS BECOME A GLOBAL INDUSTRY PLATFORM TO EXCHANGE TECHNICAL PAPERS, DISCUSSING ADVANCES IN THE TECHNOLOGY OF PSA TAPES. THE SEMINAR HOSTS ABOUT 25 TECHNICAL PAPERS, A POSTER SESSION AND A SMALL 3 HOUR LUNCH WITH EXHIBITORS. ATTENDANCE AVERAGES ABOUT 350 WITH 50 EXHIBIT BOOTHS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
DescPRINTED MATTER, SPRING MEETING AND CERTIFICATIONSDesc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document11IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KELLEN COMPANYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8476862250PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 WEST JACKSON BLVD STE 1412AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60604ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JOE TOCCI
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
JONATHAN HIRSH
VICE PRESIDENT (INCOMING PRESIDENT)1.00Yes (X)Yes (X)$0$0$0
ED LAFORGE
TREASURER1.00Yes (X)Yes (X)$0$0$0
MICHEL MERKX
PAST PRESIDENT1.00Yes (X)Yes (X)$0$0$0
NICK ODOMIROK
DIRECTOR1.00Yes (X)$0$0$0
DAVID COLLINS
DIRECTOR1.00Yes (X)$0$0$0
VINITA SHARMA
DIRECTOR1.00Yes (X)$0$0$0
JASON KIRK
DIRECTOR1.00Yes (X)$0$0$0
TODD SCHWARZENBACH
DIRECTOR1.00Yes (X)$0$0$0
MICHELLE MILLER
EXECUTIVE VICE PRESIDENT40.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
KELLEN COMPANY
111 WEST JACKSON BLVD STE 1412CHICAGOIL60604MANAGEMENT SERVICES & PR FEES$593,887
HILTON ORLANDO
6001 DESTINATION PKWYORLANDOFL32819TAPE SUMMIT CONFERENCE$155,399
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
All Other Contributions$30,850AllOtherContributionsAmt
Total Contributions$30,850TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEETING REGISTRATION F611430$517,634$517,634
MEMBERSHIP DUES900099$498,026$498,026
MEETING EXHIBITOR FEES611430$175,903$175,903
MEETING EVENTS611430$19,115$19,115
HOTEL COMMISSION611430$18,706$18,706
FieldValueIRS element (for citing)
Total Program Service Revenue$1,229,384TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$46,618TotalRevenueColumnAmt
Exclusion$46,618ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business900099BusinessCd
Total Revenue Column$3,000TotalRevenueColumnAmt
Related Or Exempt Func Income$3,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$3,000OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,309,852TotalRevenueColumnAmt
Related Or Exempt Func Income$1,232,384RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$46,618ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$581,670TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$11TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,500TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$16,712TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$17,850TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$33,581TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$17,221TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$303,102TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,443TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
BOARD AND COMMITTEES$32,062
CREDIT CARD FEES$26,719
VOLUNTEER EXPENSES$10,307
AWARDS$2,194

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,022TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,047,394TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$274,933BOYAmt
EOY$257,719EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$9,443BOYAmt
EOY$106,643EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,449BOYAmt
EOY$2,318EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$47,561BOYAmt
EOY$123,970EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$749,846BOYAmt
EOY$788,002EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,084,232BOYAmt
EOY$1,278,652EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$88,040BOYAmt
EOY$11,500EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$214,834BOYAmt
EOY$223,336EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$302,874BOYAmt
EOY$234,836EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$781,358BOYAmt
EOY$1,043,816EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$781,358BOYAmt
EOY$1,043,816EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,084,232BOYAmt
EOY$1,278,652EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$262,458ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescMORGAN STANLEYDesc
Book Value$788,002BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$788,002TotalBookValueSecuritiesAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 3A PROFESSIONAL MANAGEMENT COMPANY, KELLEN COMPANY, PROVIDES ALL MANAGEMENT SERVICES.
Form 990, Part VI, Section A, line 6THE MEMBERSHIP IS COMPRISED OF TAPE MANUFACTURERS WITH VOTING RIGHTS AND AFFILIATE SUPPLIERS WITHOUT VOTING RIGHTS.
Form 990, Part VI, Section A, line 7aTHE MANAGEMENT OF THE COUNCIL AND ITS AFFAIRS SHALL BE BY THE MEMBERS OF THE COUNCIL WITH ONE VOTING DELEGATE PER MANUFACTURING MEMBER COMPANY. THE BOARD OF DIRECTORS SHALL BE ELECTED EACH YEAR BY A MAJORITY OF THE MEMBERS PRESENT AT THE ANNUAL MEETING OF THE COUNCIL TO SERVE UNTIL THEIR SUCCESSORS ARE DULY ELECTED AND QUALIFIED. ANY VACANCY OCCURING ON THE BOARD MAY BE FILLED BY A MAJORITY VOTE OF THE MEMBERS. NO MEMBER OF THE COUNCIL SHALL HAVE MORE THAN ONE REPRESENTATIVE TO THE BOARD.
Form 990, Part VI, Section A, line 7bTHE MANUFACTURING MEMBERS ARE ALLOWED TO VOTE ON THE ADOPTION OF THE BUDGET.
Form 990, Part VI, Section B, line 11bAN OUTSIDE ACCOUNTANT PREPARES THE FORM 990 TAX RETURN. THE MANAGEMENT COMPANY AND SELECT OFFICERS REVIEW THE 990 RETURN AND APPROVE FOR FILING WITH THE IRS. THE 990 IS SAVED AS A PDF AND POSTED ON A SECURE BOARD MEMBER'S WEBSITE. AN EMAIL IS SENT NOTIFYING THE BOARD THAT THE DOCUMENT IS AVAILABLE. IT IS DISCUSSED AT THE FOLLOWING BOARD MEETING AND RECORDED IN THE MINUTES.
Form 990, Part VI, Section C, line 19PSTC MAKES ITS FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
Form 990, Part IX, line 24eMISCELLANEOUS 2022.

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