Civic Intelligence

Fibre Box Association

990 • Fiscal year 2023 • EIN 36-1068375

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 03, 2024

500 Park Boulevard 985Itasca, IL 60143

(847) 364-9600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.32x

Higher debt load relative to assets than 71% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

37th percentile

0.10x

Higher debt load relative to revenue than 37% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Net Margin

84th percentile

20%

Higher net margin than 84% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

97th percentile

$496,972

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 10.6% of source-year revenue.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Asset Growth

4th percentile

-28%

Faster asset growth than 4% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

75th percentile

21%

Faster revenue growth than 75% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,479,750

Down $588,152 (-28%) from 2022

Net Assets

Down

$1,011,520

Down $268,179 (-21%) from 2022

Liabilities

Down

$468,230

Down $319,973 (-41%) from 2022

Revenue

Up

$4,695,067

Up $830,412 (+21%) from 2022

Expenses

Up

$3,765,720

Up $62,593 (+1.7%) from 2022

Net Income

Up

$929,347

Up $767,819 (+475%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2016: $1,672,000Liabilities 2016: $686,439Net Assets 2016: $985,5612016Assets 2017: $1,748,663Liabilities 2017: $571,706Net Assets 2017: $1,176,9572017Assets 2018: $1,986,921Liabilities 2018: $719,637Net Assets 2018: $1,267,2842018Assets 2019: $1,629,590Liabilities 2019: $544,082Net Assets 2019: $1,085,5082019Assets 2020: $1,453,302Liabilities 2020: $576,608Net Assets 2020: $876,6942020Assets 2021: $1,560,987Liabilities 2021: $442,816Net Assets 2021: $1,118,1712021Assets 2022: $2,067,902Liabilities 2022: $788,203Net Assets 2022: $1,279,6992022Assets 2023: $1,479,750Liabilities 2023: $468,230Net Assets 2023: $1,011,5202023Assets 2024: $1,414,272Liabilities 2024: $396,023Net Assets 2024: $1,018,2492024

Highlighted filing

2023

Assets$1,479,750
Liabilities$468,230
Net Assets$1,011,520

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $2,927,011Expenses 2016: $3,713,694Net Income 2016: -$786,6832016Revenue 2017: $3,602,201Expenses 2017: $3,410,805Net Income 2017: $191,3962017Revenue 2018: $3,845,635Expenses 2018: $3,755,308Net Income 2018: $90,3272018Revenue 2019: $3,770,065Expenses 2019: $3,951,841Net Income 2019: -$181,7762019Revenue 2020: $3,629,808Expenses 2020: $3,838,622Net Income 2020: -$208,8142020Revenue 2021: $3,611,412Expenses 2021: $3,369,935Net Income 2021: $241,4772021Revenue 2022: $3,864,655Expenses 2022: $3,703,127Net Income 2022: $161,5282022Revenue 2023: $4,695,067Expenses 2023: $3,765,720Net Income 2023: $929,3472023Revenue 2024: $4,179,125Expenses 2024: $4,172,396Net Income 2024: $6,7292024

Highlighted filing

2023

Revenue$4,695,067
Expenses$3,765,720
Net Income$929,347
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 3, 2024
Return Version
2023v5.1
Gross Receipts
$4,719,032
Mission and Program Overview

Mission

To bring together north american corrugated paperboard products manufacturers as an organization to provide the membership, in a lawful manner, with services to more effectively, responsibly and efficiently conduct their businesses while achieving improvement in the overall corrugated industry's wellbeing.

Enhancement of the corrugated packaging industry

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,231,043$1,207,463▼ $23,580
Land, Buildings, and Equipment, Net$218,997$227,123▲ $8,126
Cash and Non-Interest-Bearing Accounts$573,599$30,102▼ $543,497
Inventories for Sale or Use$23,965$0▼ $23,965
Prepaid Expenses and Deferred Charges$20,298$15,062▼ $5,236
Total Assets$2,067,902$1,479,750▼ $588,152
Liabilities
Accounts Payable and Accrued Expenses$410,203$468,230▲ $58,027
Deferred Revenue$378,000$0▼ $378,000
Total Liabilities$788,203$468,230▼ $319,973
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,279,699$1,011,520▼ $268,179
Total Net Assets Fund Balance$1,279,699$1,011,520▼ $268,179
Total Liabilities and Net Assets / Fund Balance$2,067,902$1,479,750▼ $588,152

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$227,123$1,167,047$1,394,170
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dennis ColleyPast PresidentFT$428,316$68,656$496,972
Rachel KenyonSenior Vice PresidentFT$301,723$86,042$387,765
Robert McilvainePresidentFT$285,219$7,788$293,007
Margaret LacyDirector, Administration &FT$195,820$64,156$259,976
Caitlin SalaverriaDirector of Marketing CommFT$161,528$51,292$212,820
Mary DrainDirector of Technical, EnvFT$116,762$25,261$142,023
Chase KammererStaffFT$124,401$14,449$138,850
Victoria MiksisStaffFT$111,835$21,235$133,070

Board Members and Trustees

NameTitle
Bryan HollenbachChairman
Rob BargerImmediate Past Chairman
Tim BergwallFirst Vice-chairman
Doug BosnikSecond Vice-chairman
Andrew AkersDirector
Cathy FoleyDirector
Charles MaloDirector
Clay ShawDirector
Dave BolesDirector
Greg ArvanigianDirector
Greg TuckerDirector
Jack FitermanDirector
Jeff KaserDirector
Joe Palmeri JrDirector
Juan Pablo PerezDirector
Ken MelloDirector
Kim NelsonDirector
Lisa HirshDirector
Mike RiegseckerDirector
Patrick KivitsDirector
Steven RoseDirector
Tom HamicDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,695,064
Investment Income
$3
Other Revenue
$0
Change in Net Assets
$929,347
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,306,541
Other Expenses$1,438,065
Grants and Similar Amounts Paid$21,114
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$1,725,604
Travel---$561,599
Pension Plan Contributions---$214,070
Fees for Services Legal---$201,370
Advertising---$181,317
Occupancy---$132,747
Other Employee Benefits---$132,720
Other Salaries and Wages---$128,028
Fees for Services Other---$117,853
Payroll Taxes---$106,119
Other Expenses---$67,745
Conferences and Meetings---$54,129
Insurance---$22,344
Grants to Domestic Orgs---$21,114
Information Technology---$10,945
Office Expenses---$5,909
Total Functional Expenses$0$0$0$3,765,720
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
International Corrugated Packaging FoundationAlexandria, VA501(c)(3)General Support$20,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The association has one class of membership. The members elect the board of directors.

Form 990, Part VI, Section A, Line 7A

The members elect the board of directors.

Form 990, Part VI, Section B, Line 11B

The 990 is carefully reviewed by management (president and business manager) prior to filing. A copy of the 990 is available to all officers and board of director members upon request.

Form 990, Part VI, Section B, Line 12C

The organization requires that a conflict of interest disclosure form be reviewed and signed annually by each employee as well as anyone retained and paid in any advisory or consulting role.

Form 990, Part VI, Section B, Line 15A

The president's salary is approved by the board of directors. The president decides teh salary of key employees and staff.

Form 990, Part VI, Section C, Line 19

The association's bylaws are available on the association's website. The association's conflict of interest policy and financial statements are available only upon request. The board receives a copy of the financial statements once per year.

Filing and Contact Details

Filer

Filer Name
Fibre Box Association
EIN
36-1068375
Phone
8473649600
Address
500 PARK BOULEVARD 985, ITASCA, IL 60143

Signing Officer

Name
Robert Mcilvaine
Title
President
Phone
8473649600
Signed
2024-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Mcilvaine
Formed
1940
Legal Domicile
De
Voting Board Members
23
Independent Board Members
22
Employees
10
Volunteers
22

Preparer

Firm
Selden Fox Ltd
Address
ONE PARKVIEW PLAZA SUITE 710, OAKBROOK TERRACE, IL 60181
Preparer
John T Wojcik
Phone
6309541400
Supplemental Narrative

Additional Explanations

Part XI, Line 8

During 2023, errors were identified in the december 31, 2022 bank reconiliation, accounts receivable, prepaid expenses, accounts payable, accrued expenses and deferred revenue resulting in a prior period adjustments of $1,197,526.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1FIRST VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2IMMEDIATE PAST CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECOND VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt23SENIOR VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR, ADMINISTRATION &
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR OF MARKETING COMM
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR OF TECHNICAL, ENV
IRS990/Form990PartVIISectionAGrp/TitleTxt27STAFF
IRS990/Form990PartVIISectionAGrp/TitleTxt28STAFF
IRS990/Form990PartVIISectionAGrp/TitleTxt29PAST PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01940
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GrantsToDomesticOrgsGrp/TotalAmt021114
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04719032
IRS990/GrossSalesOfInventoryAmt023965
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt08
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt010945
IRS990/InsuranceGrp/TotalAmt022344
IRS990/InventoriesForSaleOrUseGrp/BOYAmt023965
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt03
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01167047
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0218997
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0227123
IRS990/LandBldgEquipCostOrOtherBssAmt01394170
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO BRING TOGETHER NORTH AMERICAN CORRUGATED PAPERBOARD PRODUCTS MANUFACTURERS AS AN ORGANIZATION TO PROVIDE THE MEMBERSHIP, IN A LAWFUL MANNER, WITH SERVICES TO MORE EFFECTIVELY, RESPONSIBLY AND EFFICIENTLY CONDUCT THEIR BUSINESSES WHILE ACHIEVING IMPROVEMENT IN THE OVERALL CORRUGATED INDUSTRY'S WELLBEING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01279699
IRS990/NetAssetsOrFundBalancesEOYAmt01011520
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01279699
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01011520
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0132747
IRS990/OfficeExpensesGrp/TotalAmt05909
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0132720
IRS990/OtherExpensesGrp/Desc0DUES AND CONFERENCE FEE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/TotalAmt082107
IRS990/OtherExpensesGrp/TotalAmt167745
IRS990/OtherSalariesAndWagesGrp/TotalAmt0128028
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0106119
IRS990/PensionPlanContributionsGrp/TotalAmt0214070
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020298
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015062
IRS990/PrincipalOfficerNm0ROBERT MCILVAINE
IRS990/PriorPeriodAdjustmentsAmt0-1197526
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04695064
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04695064
IRS990/ProgSrvcAccomActy2Grp/Desc0COORDINATING AN EFFORT WITHIN THE INDUSTRY TO RESPOND TO THE U.S. ENVIRONMENTAL PROTECTION AGENCY.
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0227123
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01167047
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01394170
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0227123
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt020000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0INTERNATIONAL CORRUGATED PACKAGING FOUNDATION

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