PRESSURE SENSITIVE TAPE COUNCIL

Address
ONE PARKVIEW PLAZA NO 800
OAKBROOK TERRACE, IL 60181
Contact
Website: http://www.pstc.org
Phone: +1 (847) 686-2250
Nonprofit
NTEE: S01 - Alliance/Advocacy Organizations
EIN: 36-6109280

Mission

THE 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.
 20162015201320122011
Basic features of the organization
Year of formation1953
Subsection code06
PF filing required0    
Metropolitan statistical area1602
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00   
Number of employees00   
Number of people compensated >$100k00   
Number of volunteers7575   
Number of highly compensated contractors21   
Personnel
Boelkins, Brad
TitleDIRECTORDIRECTOR   
Name of key/compensated personBRAD BOELKINSBRAD BOELKINS   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Boyle, Tom
Title DIRECTOR   
Name of key/compensated person TOM BOYLE   
Position of compensated person
Current individual trustee or director True   
Average hours per week working for org 1.00   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Flannery, Steve
TitleDIRECTOR    
Name of key/compensated personSTEVE FLANNERY    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Jacobs, Ronald
TitleDIRECTORDIRECTOR   
Name of key/compensated personRONALD JACOBSRONALD JACOBS   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Johnson, Mike
Title DIRECTOR   
Name of key/compensated person MIKE JOHNSON   
Position of compensated person
Current individual trustee or director True   
Average hours per week working for org 1.00   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Laforge, Ed
TitleDIRECTORDIRECTOR   
Name of key/compensated personED LAFORGEED LAFORGE   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Manroa, Tarun
TitleDIRECTOR    
Name of key/compensated personTARUN MANROA    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
McKenna, Charles
TitleTREASURERTREASURER   
Name of key/compensated personCHARLES MCKENNACHARLES MCKENNA   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Merkx, Michel
TitlePRESIDENTPRESIDENT   
Name of key/compensated personMICHEL J MERKXMICHEL J MERKX   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Miller, Michelle
TitleEXECUTIVE VICE PRESIDENTEXECUTIVE VICE PRESIDENT   
Name of key/compensated personMICHELLE MILLERMICHELLE MILLER   
Position of compensated person
Average hours per week working for org40.0040.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Odomirok, Nick
TitleDIRECTORDIRECTOR   
Name of key/compensated personNICK ODOMIROKNICK ODOMIROK   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Rutsky, Curt
TitleVICE PRESIDENTVICE PRESIDENT   
Name of key/compensated personCURT RUTSKYCURT RUTSKY   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Tocci, Joe
TitlePAST PRESIDENT    
Name of key/compensated personJOE TOCCI    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Yull, Gregory
Title PAST PRESIDENT   
Name of key/compensated person GREGORY YULL   
Position of compensated person
Current individual trustee or director True   
Average hours per week working for org 1.00   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTHE PSTC WILL BE 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.THE PSTC WILL BE 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.   
Programs, including revenue & expenses
ANNUAL 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.
Program descriptionANNUAL 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.ANNUAL 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.   
TAPE UNIVERSITY: PSTC PRODUCES TRADITIONAL 2 LEVEL PSA TAPE TRAINING CLASSES AVERAGING ABOUT 30-40 ATTENDEES PER CLASS.
Program descriptionTAPE UNIVERSITY: PSTC PRODUCES TRADITIONAL 2 LEVEL PSA TAPE TRAINING CLASSES AVERAGING ABOUT 30-40 ATTENDEES PER CLASS.TAPE UNIVERSITY: PSTC PRODUCES TRADITIONAL 2 LEVEL PSA TAPE TRAINING CLASSES AVERAGING ABOUT 30-40 ATTENDESS PER CLASS.   
TECHNICAL SEMINAR: EACH YEAR, PTSC 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 AND PRINTED IN THE PROCEEDINGS.
Program descriptionTECHNICAL SEMINAR: EACH YEAR, PTSC 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 AND PRINTED IN THE PROCEEDINGS.TECHNICAL SEMINAR: EACH YEAR, PTSC 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 AND PRINTED IN THE PROCEEDINGS.   
Financial data
Revenue
Total revenue$1,231,896.00$1,273,854.00   
Revenue from contributions (total) $0.00$0.00$0.00$0.00
Investment income, current yr$7,913.00$8,078.00   
Total revenue from grants, etc., current yr$0.00$0.00   
Total unrelated business revenue$0.00$0.00   
Other revenue, current yr$27,100.00$31,423.00   
Net unrelated business taxable revenue$0.00$0.00   
Program service revenue (total)$1,196,883.00$1,234,353.00$1,180,061.00$1,130,507.00$929,461.00
Gross receipts$1,231,896.00$1,277,709.00   
Other types of revenue
Royalties (total)$25,000.00$25,400.00   
Miscellaneous revenue (total)$2,100.00$2,932.00   
Income from dividends, interest, and similar investments$7,913.00$8,078.00   
Net rental income $0.00$0.00$0.00$0.00
Net inventory sales (total) $3,091.00   
Expense categories (totals)
Total functional expenses: sum of all$1,249,406.00$1,049,080.00   
Fees for services
Legal fees (total)$5,331.00$9,145.00   
Fundraising service fees (total)$0.00$0.00   
General management fees (total)$462,250.00$450,000.00   
Assets and liabilities
Total assets$1,371,766.00$1,365,296.00$1,073,119.00$784,521.00$764,159.00
Total assets, beginning of year$1,365,296.00$1,039,228.00   
Total liabilities$407,859.00$389,631.00$312,193.00$224,501.00$280,471.00
Total liabilities, beginning of year$389,631.00$278,319.00   
Unrestricted net assets, end of yr$963,907.00$975,665.00   
Net assets$963,907.00$975,665.00   
Net assets, beginning of year$975,665.00$760,909.00   
Investments: publicly traded securities$198,946.00$195,953.00   
Cash: non-interest bearing$293,720.00$138,407.00   
Cash: non-interest bearing, beginning of year$138,407.00$129,075.00   
Other financial variables
Revenue less expenses-$17,510.00$224,774.00   
Advertising (total)$10,890.00$22,198.00   
Savings & temp cash investment$842,100.00$981,663.00   
Accounts receivable, net$5,164.00$4,862.00   
Prepaid expenses & deferred charges$31,836.00$44,411.00   
Accounts payable & accrued expenses$112,489.00$141,961.00   
Deferred revenue$295,370.00$247,670.00   
Total net assets or fund balances$963,907.00$975,665.00   
Governance and accountability
Number of voting members1010   
Number of independent voting members1010   
Financial sheets auditedTrueTrue   
Accrual accountingTrueTrue   
Tax year start date2016-01-012015-01-01   
Tax year end date2016-12-012015-12-012013-12-012012-12-012011-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990   
Reason for form submission
Address change True   
Date e-filing submitted2017-10-172017-02-27   
IRS schema version2016v3.02015v2.1   
Filing identifier201732499349301378201613139349301946   
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