Form 990 for tax year 2024

Filed by FOODSERVICE PACKAGING INSTITUTE INC.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2024 , filed 24 April 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Those are the same on the two returns, so the amendment changed something else.

Totals

Total revenue: $4,050,144
Total expenses: $3,317,125
Contributions and grants received: $0
Grants paid: $99,500
Program service revenue: $3,818,068
Investment income: $232,076
Other revenue: $0
Total assets, end of year: $4,552,300
Total liabilities, end of year: $564,263
Net assets or fund balances, end of year: $3,988,037
Program services expenses (Part IX): $0
Management and general expenses: $0
Fundraising expenses: $0
Program service expenses (Part III): not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

2a · Program service revenue: Membership dues

total $1,001,307 · unrelated business $0 · excluded $0
2b · Program service revenue: Meetings

total $198,021 · unrelated business $0 · excluded $0
2c · Program service revenue: Recovery initiatives

total $2,618,740 · unrelated business $0 · excluded $0
3 · Investment income

total $131,281 · unrelated business $0 · excluded $131,281
7a · Gross sales of assets other than inventory

securities $1,724,252
7b · Less cost or other basis and sales expenses

securities $1,623,457
7c · Gain or loss

securities $100,795
7d · Net gain or loss

total $100,795 · related or exempt $0 · unrelated business $0 · excluded $100,795

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $99,500 · program services $0
5 · Compensation of officers, directors and key employees

total $260,931 · program services $0 · management and general $0 · fundraising $0
7 · Other salaries and wages

total $416,288 · program services $0 · management and general $0 · fundraising $0
8 · Pension plan contributions

total $45,097 · program services $0 · management and general $0 · fundraising $0
9 · Other employee benefits

total $33,191 · program services $0 · management and general $0 · fundraising $0
10 · Payroll taxes

total $39,896 · program services $0 · management and general $0 · fundraising $0
11b · Fees: legal

total $66,786 · program services $0 · management and general $0 · fundraising $0
11g · Fees: other

total $61,866 · program services $0 · management and general $0 · fundraising $0
13 · Office expenses

total $25,134 · program services $0 · management and general $0 · fundraising $0
14 · Information technology

total $13,975 · program services $0 · management and general $0 · fundraising $0
16 · Occupancy

total $9,678 · program services $0 · management and general $0 · fundraising $0
17 · Travel

total $33,104 · program services $0 · management and general $0 · fundraising $0
19 · Conferences, conventions and meetings

total $198,282 · program services $0 · management and general $0 · fundraising $0
22 · Depreciation, depletion and amortization

total $476 · program services $0 · management and general $0 · fundraising $0
23 · Insurance

total $7,992 · program services $0 · management and general $0 · fundraising $0
24a · Other expenses: Stewardship

total $1,835,437 · program services $0 · management and general $0 · fundraising $0
24b · Other expenses: Public relations

total $106,409 · program services $0 · management and general $0 · fundraising $0
24c · Other expenses: Communications

total $59,222 · program services $0 · management and general $0 · fundraising $0
24d · Other expenses: Professional development

total $3,861 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $172,462 · end of year $241,365
4 · Accounts receivable

beginning of year $19,843 · end of year $788
9 · Prepaid expenses and deferred charges

beginning of year $16,272 · end of year $52,890
10a · Land, buildings and equipment: cost or other basis

$2,382
10b · Land, buildings and equipment: accumulated depreciation

$913
10c · Land, buildings and equipment, net

end of year $1,469
11 · Investments: publicly traded securities

beginning of year $3,617,972 · end of year $4,255,788
17 · Accounts payable and accrued expenses

beginning of year $224,497 · end of year $470,637
18 · Grants payable

beginning of year $90,000 · end of year $50,000
19 · Deferred revenue

beginning of year $140,685 · end of year $43,626
27 · Net assets without donor restrictions

beginning of year $3,371,367 · end of year $3,988,037

Mission and programs · 2024

Mission

To expand acceptance and promote the benefits of foodservice packaging; protect manufacturing of foodservice packaging from unwarranted intrusion by government.

Stewardship (recovery and litter) - This program brings members together to work collaboratively to create solutions for the recovery and processing of used paper and plastic foodservice packaging.
Public Affairs - The Institute advocates for a free market, without laws or regulations that would limit the responsible manufacture, distribution, use and disposal of foodservice packaging.
Meetings - The Institute brings members and the entire supply chain together. The program is designed to be rich in content about issues and concerns confronting the industry and its executives.
Membership - The Institute reaches out to potential member companies to determine interest in joining the association. Communications - The Institute serves as the voice of the industry in a wide variety of public arenas. The objective of these efforts is to promote a clear understanding of the industrys products and the advantages of their use to audiences as diverse as the media, customers, educators and the general public. Technical Affairs - The Institute conducts research on technical industry. Outreach - The Institute
collaborates, where appropriate, with allied organizations, regulatory initiatives, and other initiatives. Research - The Institute regularly conducts surveys on legislative and research products to keep members informed on industry issues.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Maranatha Dempsey

President

Total calculated

$260,931

From this org

$226,450

From related orgs

$0

Other

$34,481

Hours/week

40

Schedule J breakdown matched by us

Base

$226,450

Bonus

$0

Other

$0

Deferred

$22,645

Nontaxable benefits

$11,836

Filer's total

$260,931
Ashley Elzinga

Dir of Sustainability and Outreach

Total calculated

$134,135

From this org

$113,225

From related orgs

$0

Other

$20,910

Hours/week

40
Eric Wulf

Immediate Past Chair

Total calculated

$0

Hours/week

1
Phil Rozenski

Director

Total calculated

$0

Hours/week

1
Amy Haverstick

Director

Total calculated

$0

Hours/week

1
John Ulowetz

Director

Total calculated

$0

Hours/week

1
Bob Novak

Director

Total calculated

$0

Hours/week

1
Mary Klakulak-Sclafani

Director

Total calculated

$0

Hours/week

1
Rich Daniels

Director

Total calculated

$0

Hours/week

1
John Salvador

Director

Total calculated

$0

Hours/week

1
Craig Glaser

Chair

Total calculated

$0

Hours/week

1
Ann O'Hara

Second Vice Chair

Total calculated

$0

Hours/week

1
Jeff Stacy

First Vice Chair

Total calculated

$0

Hours/week

1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Compensation committee
3 · Compensation survey or study
3 · Approval by the board or compensation committee

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Conigliaro Industries Inc

$50,000

Recycling equipment
Goodwill Green Works

$0

Assist in densification of foam

Provenance

Return type: form_990
Tax year: 2024
Filed: 24 April 2025
IRS schema version: 2024v5.2
Source object: 202523089349301787

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