Liabilities / Assets
41st percentile
Higher debt load relative to assets than 41% of similar nonprofits.
Printing Industry Midwest Inc
EIN 41-0748425 • 501(c)6 • Bloomington, MN
Profile
Our mission is to be the leading resource to enhance the strength and profitability of the printing, graphic communications, and related industries through advocacy, education, insurance, safety and environmental information.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.10x
Liabilities / Revenue
81st percentile
Higher debt load relative to revenue than 81% of similar nonprofits.
Net Margin
41st percentile
Higher net margin than 41% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
36th percentile
Faster asset growth than 36% of similar nonprofits.
Revenue Growth
22nd percentile
Faster revenue growth than 22% of similar nonprofits.
Balance Sheet
Assets
Down$3,203,241
Down $29,391 (-0.9%) from 2024
Liabilities
Down$317,520
Down $39,689 (-11%) from 2024
Net Assets
Up$2,885,721
Up $10,298 (+0.4%) from 2024
Revenue
Down$653,892
Down $28,712 (-4.2%) from 2024
Expenses
Down$643,594
Down $7,727 (-1.2%) from 2024
Net Income
Down$10,298
Down $20,985 (-67%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $3,203,241
- Liabilities
- $317,520
- Net assets
- $2,885,721
- Revenue
- $653,892
- Expenses
- $643,594
- Net income
- $10,298
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Apr 1, 2024 to Mar 31, 2025
- Signed
- Jan 13, 2026
- Return Version
- 2024v5.5
- Gross Receipts
- $731,360
Mission and Program Overview
Mission
Our mission is to be the leading resource to enhance the strength and profitability of the printing, graphic communications, and related industries through advocacy, education, insurance, safety and environmental information.
To be the leading resource for the printing and graphic communications industry in minnesota, iowa, nebraska, north dakota, and south dakota.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $2,746,906 | $2,746,906 | → $0 |
| Savings and Temporary Cash Investments | $169,446 | $207,528 | ▲ $38,082 |
| Accounts Receivable | $83,858 | $113,070 | ▲ $29,212 |
| Cash and Non-Interest-Bearing Accounts | $143,633 | $56,119 | ▼ $87,514 |
| Prepaid Expenses and Deferred Charges | $19,674 | $20,530 | ▲ $856 |
| Land, Buildings, and Equipment, Net | $4,285 | $748 | ▼ $3,537 |
| Total Assets | $3,232,632 | $3,203,241 | ▼ $29,391 |
| Other Assets Total | $64,830 | $58,340 | ▼ $6,490 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $171,386 | $163,744 | ▼ $7,642 |
| Deferred Revenue | $155,486 | $133,439 | ▼ $22,047 |
| Unsecured Notes Loans Payable | $30,337 | $20,337 | ▼ $10,000 |
| Total Liabilities | $357,209 | $317,520 | ▼ $39,689 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,875,423 | $2,885,721 | ▲ $10,298 |
| Total Net Assets Fund Balance | $2,875,423 | $2,885,721 | ▲ $10,298 |
| Total Liabilities and Net Assets / Fund Balance | $3,232,632 | $3,203,241 | ▼ $29,391 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $748 | $43,136 | $43,884 |
| Other Securities | $2,746,906 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Ben Dally | CFO | FT | $78,719 | $78,719 |
Board Members and Trustees
| Name | Title |
|---|---|
| Brian Turbeville | Chair |
| Ben Olk | Chair Elect |
| Tom Moe | Pim Foundation Chair |
| Becky Oaks | Director |
| Christopher Dillon Jr | Director |
| Creston Dorothy | Director |
| Darren Kray | Director |
| David Bywater | Director |
| Justin Feickert | Director |
| Justin Mcdonald | Director |
| Lynn Leppo | Director |
| Madra Sikora | Director |
| Mike Abbot | Director |
| Mike Snyder | Director |
| Ryan Wenning | Director |
| Tim Olsby | Director |
| Tom Revnew | Director |
| Kris Pilling-davis | Pim Executive Director |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $379,265
- Program Service Revenue
- $1,625
- Investment Income
- $6,032
- Other Revenue
- $266,970
- All Other Contributions
- $116,739
- Change in Net Assets
- $10,298
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $458,575 |
| Other Expenses | $185,019 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $379,361 |
| Other Employee Benefits | - | - | - | $33,431 |
| All Other Expenses | - | - | - | $33,175 |
| Payroll Taxes | - | - | - | $29,024 |
| Insurance | - | - | - | $24,290 |
| Fees for Services Accounting | - | - | - | $18,845 |
| Pension Plan Contributions | - | - | - | $16,759 |
| Occupancy | - | - | - | $11,662 |
| Other Expenses | - | - | - | $8,436 |
| Depreciation Depletion | - | - | - | $4,858 |
| Interest | - | - | - | $2,831 |
| Travel | - | - | - | $1,644 |
| Conferences and Meetings | - | - | - | $1,543 |
| Total Functional Expenses | $0 | $0 | $0 | $643,594 |
Fundraising, Events, and Gaming
- Fundraising activities
- Yes
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $96,432 |
| Fundraising Direct Expenses | $77,468 |
| Professional Fundraising Fees | $0 |
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Annual Banquet | $60,720 | $60,720 | $50,489 | $10,231 |
| Golf Outing | $35,712 | $35,712 | $26,979 | $8,733 |
| Total Events | $96,432 | $96,432 | $77,468 | $18,964 |
Political and Lobbying Activity
- Political campaign activity
- No
- In-house lobbying only
- No
- Subject to proxy tax
- Yes
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- Yes
- Annual disclosure for covered persons
- No
- Audit committee
- No
- 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 2
“The directors have various business relationships, not all of which are known and public. The directors are aware of and adhere to the conflict of interest policy.”
Form 990, Part VI, Section A, Line 6
“Members of the association consist of persons, proprietors, partnerships, firms, and corporations grouped into four classes known as active, inplant, associate, and educational. Persons, proprietorships, firms and corporations engaged in such businesses that would qualify for membership may make application for membership in such form as may be described by the board of directors.”
Form 990, Part VI, Section A, Line 7A
“Any vacancy occurring on the board may be filled by the remaining members of the board. Any vacancy occurring on the board as a result of removal by the membership of the association may be filled by the membership at the meeting resulting in such removal or at any subsequent meeting of the membership duly called for such purpose.”
Form 990, Part VI, Section B, Line 11B
“The 990 is prepared by an independant cpa firm and then is reviewed by the director of finance, ben dally before it is filed.”
Form 990, Part VI, Section B, Line 12C
“Pim monitors and often records notes or minutes of meetings of members to ensure no topic or discussion that could be construed as conflict of interest is pursued.”
Form 990, Part VI, Section B, Line 15A
“The president's compensation is determined by a committee that is comprised of members of the board of directors of pim and pim's designated member of the national board of directors of the printing industries of america. The committee determines compensation based on the financial condition of the organization and comparability data of compensation for similar executives. The process and conclusion is documented in the committee's minutes. The cfo's compensation is determined by the president based on the financial condition of the organization and comparability data of compensation for similar positions.”
Form 990, Part VI, Section C, Line 19
“The organization does not provide governing documents, conflict of interest policies, and financial statements to the public, only to members of the organization upon request.”
Filing and Contact Details
Filer
- Filer Name
- Printing Industry Midwest Inc
- EIN
- 41-0748425
- Phone
- 6124006200
- Address
- 8011 34TH AVE S 150, BLOOMINGTON, MN 55425
Signing Officer
- Name
- Kristin Pilling-davis
- Title
- Executive Director
- Phone
- 6124006200
- Signed
- 2026-01-13
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Kris Davis
- Formed
- 1954
- Legal Domicile
- Mn
- Voting Board Members
- 20
- Independent Board Members
- 19
- Employees
- 0
- Volunteers
- 0
Preparer
- Firm
- Lb Carlson Llp
- Address
- 605 HIGHWAY 169 SUITE 650, MINNEAPOLIS, MN 55441
- Preparer
- Michael T Niznik CPA
- Phone
- 7635358150
Supplemental Narrative
Financial Statement Notes
PART X, LINE 2:
“The company does not have any uncertain tax positions. The company is not aware of any tax positions taken for which it is reasonably possible that any liability for unrecognized tax benefit will significantly increase within the 12 months following the date of consolidated financial statements. The company recognizes interest accrued realted to unrecognized tax benefits in interest expense. Penalties, if incurred, would be recognized as a component of income tax expense.”
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | FUNCTIONAL EVENTS - THE PIM, INC SPONSORS VARIOUS EVENTS FOR ITS MEMBERS AND THE GENERAL PUBLIC TO EDUCATE PARTICIPANTS ABOUT THE PRINTING INDUSTRY AND TO PROMOTE THE INDUSTRY. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | CHAIR ELECT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | PIM FOUNDATION CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | CFO |
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| IRS990/MissionDesc | 0 | OUR MISSION IS TO BE THE LEADING RESOURCE TO ENHANCE THE STRENGTH AND PROFITABILITY OF THE PRINTING, GRAPHIC COMMUNICATIONS, AND RELATED INDUSTRIES THROUGH ADVOCACY, EDUCATION, INSURANCE, SAFETY AND ENVIRONMENTAL INFORMATION. |
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| IRS990/OtherExpensesGrp/Desc | 2 | ENVIRONMENTAL AUDITS |
| IRS990/OtherExpensesGrp/Desc | 3 | TRAINING |
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| IRS990/OtherRevenueMiscGrp/Desc | 1 | GRAPHIC NEWS AD SALES |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 20530 |
| IRS990/PrincipalOfficerNm | 0 | KRIS DAVIS |
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| IRS990/PYTotalRevenueAmt | 0 | 682604 |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
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| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 207528 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | 0 |
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| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 0 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 0 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
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| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 43136 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 43884 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 2746906 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | INVESTMENT IN PIM SERVICE CORPORATION |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE COMPANY DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. THE COMPANY IS NOT AWARE OF ANY TAX POSITIONS TAKEN FOR WHICH IT IS REASONABLY POSSIBLE THAT ANY LIABILITY FOR UNRECOGNIZED TAX BENEFIT WILL SIGNIFICANTLY INCREASE WITHIN THE 12 MONTHS FOLLOWING THE DATE OF CONSOLIDATED FINANCIAL STATEMENTS. THE COMPANY RECOGNIZES INTEREST ACCRUED REALTED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE. PENALTIES, IF INCURRED, WOULD BE RECOGNIZED AS A COMPONENT OF INCOME TAX EXPENSE. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
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| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 2746906 |
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| IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm | 0 | ANNUAL BANQUET |
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| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 18964 |
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| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE DIRECTORS HAVE VARIOUS BUSINESS RELATIONSHIPS, NOT ALL OF WHICH ARE KNOWN AND PUBLIC. THE DIRECTORS ARE AWARE OF AND ADHERE TO THE CONFLICT OF INTEREST POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MEMBERS OF THE ASSOCIATION CONSIST OF PERSONS, PROPRIETORS, PARTNERSHIPS, FIRMS, AND CORPORATIONS GROUPED INTO FOUR CLASSES KNOWN AS ACTIVE, INPLANT, ASSOCIATE, AND EDUCATIONAL. PERSONS, PROPRIETORSHIPS, FIRMS AND CORPORATIONS ENGAGED IN SUCH BUSINESSES THAT WOULD QUALIFY FOR MEMBERSHIP MAY MAKE APPLICATION FOR MEMBERSHIP IN SUCH FORM AS MAY BE DESCRIBED BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ANY VACANCY OCCURRING ON THE BOARD MAY BE FILLED BY THE REMAINING MEMBERS OF THE BOARD. ANY VACANCY OCCURRING ON THE BOARD AS A RESULT OF REMOVAL BY THE MEMBERSHIP OF THE ASSOCIATION MAY BE FILLED BY THE MEMBERSHIP AT THE MEETING RESULTING IN SUCH REMOVAL OR AT ANY SUBSEQUENT MEETING OF THE MEMBERSHIP DULY CALLED FOR SUCH PURPOSE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE 990 IS PREPARED BY AN INDEPENDANT CPA FIRM AND THEN IS REVIEWED BY THE DIRECTOR OF FINANCE, BEN DALLY BEFORE IT IS FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | PIM MONITORS AND OFTEN RECORDS NOTES OR MINUTES OF MEETINGS OF MEMBERS TO ENSURE NO TOPIC OR DISCUSSION THAT COULD BE CONSTRUED AS CONFLICT OF INTEREST IS PURSUED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE PRESIDENT'S COMPENSATION IS DETERMINED BY A COMMITTEE THAT IS COMPRISED OF MEMBERS OF THE BOARD OF DIRECTORS OF PIM AND PIM'S DESIGNATED MEMBER OF THE NATIONAL BOARD OF DIRECTORS OF THE PRINTING INDUSTRIES OF AMERICA. THE COMMITTEE DETERMINES COMPENSATION BASED ON THE FINANCIAL CONDITION OF THE ORGANIZATION AND COMPARABILITY DATA OF COMPENSATION FOR SIMILAR EXECUTIVES. THE PROCESS AND CONCLUSION IS DOCUMENTED IN THE COMMITTEE'S MINUTES. THE CFO'S COMPENSATION IS DETERMINED BY THE PRESIDENT BASED ON THE FINANCIAL CONDITION OF THE ORGANIZATION AND COMPARABILITY DATA OF COMPENSATION FOR SIMILAR POSITIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE ORGANIZATION DOES NOT PROVIDE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS TO THE PUBLIC, ONLY TO MEMBERS OF THE ORGANIZATION UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | PRINTING INDUSTRY MIDWEST INC |
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| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | PRINTING INDUSTRY MIDWEST SERVICE CORPORATION & SUBSIDIARY |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt | 0 | 8011 34TH AVE S SUITE 150 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm | 0 | BLOOMINGTON |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | PRINTING INDUSTRY MIDWEST EDUCATION FOUNDATION |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 8011 34TH AVE S SUITE 150 |
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