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Balance Sheet
Assets
Flat$160,428
Flat from 2012
Net Assets
Flat$91,635
Flat from 2012
Liabilities
Flat$68,793
Flat from 2012
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
Flat$128,599
Flat from 2012
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2012 to Dec 31, 2012
- Signed
- Nov 4, 2013
- Return Version
- 2012v2.1
- Gross Receipts
- $174,561
Mission and Program Overview
Mission
To provide grants and scholarships to students of qualified technical schools and universities, and to employees of the packaging machinery manufacturers institute's member companies, for completion of packaging machinery coursework or related ancillary courses. Provides grants to organizations, technical schools and universities, that support training of the current and future industry workforce.
Major Activities
- Activity 2
- Incorporating challenges at more than 30 exhibitor booths, the foundation-sponsored "amazing packaging race" pits classmates against each other in a competition designed to familiarize students with the packaging and processing industries, as well as breaks down the wall between industry and education. Eight teams made up of four students, each from a different school, raced from booth to booth for 3 hours, performing challenges that ranged from shooting videos about industry education to changing pack patterns on a case packer. Challenges were assigned a point value based on the difficulty of the task and how long it should take to complete it. Contest winners were from the rochester institute of technology, purdue university calumet, san jose state university, and wisconsin indianhead technical college.
Filing and Contact Details
Filer
- EIN
- 54-1820667
Raw XML AppendixShowing 400 of 542 raw XML fields
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| IRS990/Activity2/Description | 0 | INCORPORATING CHALLENGES AT MORE THAN 30 EXHIBITOR BOOTHS, THE FOUNDATION-SPONSORED "AMAZING PACKAGING RACE" PITS CLASSMATES AGAINST EACH OTHER IN A COMPETITION DESIGNED TO FAMILIARIZE STUDENTS WITH THE PACKAGING AND PROCESSING INDUSTRIES, AS WELL AS BREAKS DOWN THE WALL BETWEEN INDUSTRY AND EDUCATION. EIGHT TEAMS MADE UP OF FOUR STUDENTS, EACH FROM A DIFFERENT SCHOOL, RACED FROM BOOTH TO BOOTH FOR 3 HOURS, PERFORMING CHALLENGES THAT RANGED FROM SHOOTING VIDEOS ABOUT INDUSTRY EDUCATION TO CHANGING PACK PATTERNS ON A CASE PACKER. CHALLENGES WERE ASSIGNED A POINT VALUE BASED ON THE DIFFICULTY OF THE TASK AND HOW LONG IT SHOULD TAKE TO COMPLETE IT. CONTEST WINNERS WERE FROM THE ROCHESTER INSTITUTE OF TECHNOLOGY, PURDUE UNIVERSITY CALUMET, SAN JOSE STATE UNIVERSITY, AND WISCONSIN INDIANHEAD TECHNICAL COLLEGE. |
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| IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant | 2 | GLENN DAVIS SCHOLARSHIPS |
| IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant | 3 | MARK GARVEY SCHOLARSHIPS |
| IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant | 4 | ART SCHAEFER TUITION SCHOLARSHIPS |
| IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant | 5 | SHOW TRAVEL SCHOLARSHIPS |
| IRS990ScheduleI/Form990ScheduleIPartIV/Explanation | 0 | SCHEDULE I, PART I, LINE 2: PMMI RECEIVES REQUESTS FROM ITS PARTNER SCHOOLS FOR SCHOLARSHIP FUNDS. THESE FUNDS ARE AWARDED ON THE BASIS OF FINANCIAL NEED AS DETERMINED BY THE SCHOOLS. PMMI RECEIVES A LIST OF THE NAMES OF THE SCHOLARSHIP RECIPIENTS FROM EACH OF THE SCHOOLS THAT GET AWARDED SCHOLARSHIP FUNDING, BEFORE THE FUNDS ARE ISSUED. PMMI DOES NOT TRACK STUDENTS AFTER THEY RECEIVE THE SCHOLARSHIP FUNDS. |
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| IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs | 2 | 16487 |
| IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation | 0 | THE PMMI FOUNDATION DID NOT PAY ANY PORTION OF THE COMPENSATION OF THOSE PERSONS LISTED IN PART VII AND SCHEDULE J; THEY WERE COMPENSATED BY A THE PACKAGING MACHINERY MANUFACTURERS INSTITUTE, INC., A RELATED ORGANIZATION. PLEASE SEE THE PMMI FORM 990 FOR 2012. |
| IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation | 1 | CHARLES YUSKA = 457(F) PLAN, $128,336. (PAID BY PMMI, A RELATED ORGANIZATION.) |
| IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference | 0 | PART I, LINE 1A |
| IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference | 1 | PART I, LINE 4B |
| IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson | 0 | CHARLES D YUSKA |
| IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson | 1 | CRAIG SILVERIO |
| IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson | 2 | MARIA FERRANTE |
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| IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg | 1 | 1100 |
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| IRS990ScheduleJ/Form990ScheduleJPartII/Title | 0 | PRESIDENT & CEO |
| IRS990ScheduleJ/Form990ScheduleJPartII/Title | 1 | VP, FINANCE |
| IRS990ScheduleJ/Form990ScheduleJPartII/Title | 2 | VP, EDUCATION & WORKFORCE |
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| IRS990ScheduleJ/InitialContractException | 0 | 0 |
| IRS990/ScheduleJRequired | 0 | 1 |
| IRS990ScheduleJ/SeverancePayment | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRetirePlan | 0 | 1 |
| IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction | 0 | 0 |
| IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction | 0 | PLEASE SEE SCHEDULE R FOR ALL REPORTABLE TRANSACTIONS BETWEEN PMMI ETF AND PMMI |
| IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NameBusiness/BusinessNameLine1 | 0 | PACKAGING MACHINERY MANUFACTURERS INSTITUTE INC (PMMI) |
| IRS990ScheduleL/Form990ScheduleLPartIV/Relationship | 0 | COMMON BOARD MEMBERS |
| IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues | 0 | 0 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | THE FOUNDATION HAS ONE MEMBER: THE PACKAGING MACHINERY MANUFACTURERS INSTITUTE (PMMI). |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | ACCORDING TO THE PMMI FOUNDATION'S BYLAWS, THE BOARD OF DIRECTORS OF THE FOUNDATION SHALL CONSIST OF THE MEMBERS OF PMMI'S EXECUTIVE COMMITTEE AND THE CHAIRPERSON OF PMMI'S EDUCATION COMMITTEE. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | PMMI, THROUGH ITS BOARD OF DIRECTORS, HAS FULL VOTING RIGHTS TO AMEND THE FOUNDATION'S ARTICLES OF INCORPORATION AND ITS BYLAWS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | THE PMMI EDUCATION & TRAINING FOUNDATION'S FORM 990 IS REVIEWED BY MEMBERS OF PMMI'S EXECUTIVE COMMITTEE AND APPROPRIATE STAFF-PERSONS PRIOR TO FILING. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | THE FOUNDATION REQUIRES ANNUAL DISCLOSURES BY ALL BOARD MEMBERS, AND SUCH DISCLOSURES ARE REVIEWED FOR COMPLIANCE AND TO ENSURE RECUSAL OR OTHER APPROPRIATE CONDUCT BY A CONFLICTED DIRECTOR. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 6 | CEO, EXECUTIVE DIRECTOR OR TOP MANAGEMENT: PMMI'S PRESIDENT/CEO AND CHIEF FINANCIAL OFFICER ARE ALSO THE PRINCIPAL OFFICERS OF PMMI FOUNDATION, IN THEIR RESPECTIVE POSITIONS. NEITHER ARE PAID DIRECTLY BY PMMI FOUNDATION. FOLLOWING IS PMMI'S PROCESS FOR DETERMINING COMPENSATION FOR THESE INDIVIDUALS: THE RESPONSIBILITY FOR ASSESSING THE PRESIDENT/CEO'S ANNUAL PERFORMANCE AND DETERMINING HIS ANNUAL PAY CHANGE IS THAT OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS (THE COMMITTEE). THE COMMITTEE USES A COMBINATION OF GOAL SETTING AND COMPETENCIES TO EVALUATE PERFORMANCE. THE ANNUAL PERFORMANCE CYCLE IS 12 MONTHS WITH TWO FORMAL MEETINGS EACH YEAR - A PERFORMANCE FEEDBACK/PLANNING MEETING AND A MID CYCLE REVIEW. THE PERFORMANCE CYCLE COVERS A 12-MONTH PERIOD BEGINNING ON THE EMPLOYMENT ANNIVERSARY DATE EACH YEAR. THE CYCLE PROVIDES A CONTEXT FOR ALL WORK-RELATED PERFORMANCE AND BEHAVIOR. THE ACTIVITIES THAT OCCUR WITHIN THE CYCLE - PLANNING, OBSERVING AND REVIEWING PERFORMANCE, AND PROVIDING FEEDBACK - ARE ONGOING. THE PRESIDENT/CEO DEVELOPS A PERFORMANCE PLAN WHICH IS SUBMITTED TO THE COMMITTEE FOR REVIEW AND APPROVAL. THE CHAIR OF THE EXECUTIVE COMMITTEE (THE CHAIR) COMMUNICATES WITH THE PRESIDENT/CEO PERIODICALLY THROUGHOUT THE PERFORMANCE PERIOD TO DISCUSS THE ORGANIZATION'S RESULTS AND ADJUST THE PLAN AS NECESSARY. THE FORMAL EVALUATION BETWEEN THE PRESIDENT/CEO AND THE COMMITTEE OCCURS AT THE END OF THE ANNUAL CYCLE. THE CHAIR IS RESPONSIBLE FOR MEETING WITH THE PRESIDENT/CEO TO REVIEW HIS PERFORMANCE RESULTS AFTER COLLABORATION WITH THE COMMITTEE. THE FORMAL EVALUATION INCLUDES SUMMARIZING AND DOCUMENTING THE PRESIDENT/CEO'S PERFORMANCE OVER THE PAST 12 MONTHS. THE COMMITTEE RETAINED THE SERVICES OF AN OUTSIDE CONSULTING FIRM TO REVIEW THE EXTERNAL COMPETIVENESS OF THE PRESIDENT/CEO'S COMPENSATION PACKAGE IN THE CONTEXT OF THOSE PROVIDED TO EXECUTIVES IN COMPARABLE TRADE ASSOCIATIONS. THE REVIEW DOCUMENTS THE PEER GROUP ACCORDING TO INDUSTRY TYPE AND ANNUAL OPERATING BUDGETS. ADDITIONAL BENCHMARKING DATA IS AVAILABLE TO THE COMMITTEE FROM OTHER SOURCES THAT HAVE COMPLETED A MARKET ANALYSIS BASED ON SURVEY RESULTS FROM DATA FROM COMPARABLE ORGANIZATIONS IN THE TRADE ASSOCIATION INDUSTRY. OTHER OFFICERS OR KEY EMPLOYEES: THE HIRING AND DECISION ON KEY EMPLOYEE COMPENSATION ALSO GOES THROUGH PMMI'S PROCEDURES, AS PMMI FOUNDATION HAS NO EMPLOYEES OF ITS OWN. PMMI'S PROCEDURES ARE AS FOLLOWS: THE RESPONSIBILITY FOR ASSESSING THE ANNUAL PERFORMANCE AND PAY CHANGES FOR KEY EMPLOYEES IS THAT OF THE PRESIDENT/CEO. THE PROCESS INCLUDES A COMBINATION OF GOAL SETTING AND COMPETENCIES TO EVALUATE PERFORMANCE. THE PERFORMANCE CYCLE COVERS A 12-MONTH PERIOD BEGINNING ON THE EMPLOYMENT ANNIVERSARY DATE EACH YEAR. IN ADDITION, EACH CALENDAR YEAR, INDIVIDUAL GOAL SETTING OCCURS AFTER THE PRIORITY GOALS FOR THE ORGANIZATION HAVE BEEN DOCUMENTED. THE GOALS OF THE KEY EMPLOYEES ARE IN SUPPORT OF THE OVERALL GOALS OF THE ORGANIZATION. COLLECTIVELY, THESE TWO PROCESSES PROVIDE THE CONTEXT FOR ALL WORK-RELATED PERFORMANCE AND BEHAVIOR. THE ACTIVITIES THAT OCCUR WITHIN THESE CYCLES -PLANNING, OBSERVING AND REVIEWING PERFORMANCE AND PROVIDING FEEDBACK ARE ON-GOING. THE PERFORMANCE PLAN FOR KEY EMPLOYEES IS ADDRESSED BOTH IN THE PERFORMANCE APPRAISAL DOCUMENT AND DURING THE GOAL SETTING PROCESS AS APPROPRIATE AND ARE REVIEWED AND APPROVED BY THE CEO. FORMAL EVALUATION BETWEEN THE KEY EMPLOYEES AND THE PRESIDENT /CEO OCCURS BOTH AT THE END OF THE ANNUAL CYCLE AND THE CALENDAR YEAR CYCLE AND INCLUDES SUMMARIZING AND DOCUMENTING THE KEY EMPLOYEES PERFORMANCE OVER EACH 12 MONTH PERIOD. THE SERVICES OF AN OUTSIDE CONSULTING FIRM WERE RETAINED TO ASSESS THE EXTERNAL COMPETIVENESS OF COMPENSATION FOR THE KEY EMPLOYEE POSITIONS. THIS EVALUATION INCLUDED COLLECTING AND ANALYZING JOB CONTENT DATA FOR EACH POSITION; ESTABLISHING A PROTOCOL FOR BENCHMARKING COMPENSATION FOR SIMILAR POSITIONS IN THE VARIOUS LABOR MARKETS IN WHICH THE ORGANIZATION COMPETES FO |
| IRS990ScheduleO/GeneralExplanation/Explanation | 7 | THE FOUNDATION DOES NOT GENERALLY MAKE THESE DOCUMENTS AVAILABLE TO THE PUBLIC. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 8 | THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR. |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 5 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 6 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 7 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 8 | FORM 990, PART XII, LINE 2C |
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| IRS990ScheduleR/ExchangeOfAssets | 0 | 0 |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1 | 0 | 11911 FREEDOM DR STE 600 |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City | 0 | RESTON |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State | 0 | VA |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode | 0 | 20190 |
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| IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection | 0 | 501(C)(6) |
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| IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine1 | 0 | PACKAGING MACHINERY MANUFACTURERS INSTITUTE |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $160,428
- Liabilities
- $68,793
- Net assets
- $91,635
- Revenue
- -
- Expenses
- $128,599
- Net income
- -