STRATEGY STUDIO / PUBLIC DATA EXPLORER

WORLD COATINGS COUNCIL INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
WORLD COATINGS COUNCIL INC (EIN 52-2389486)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-12
IRS object ID
202211329349302091
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-12T10:27:58-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN582676261PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Rogers & Company PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18300 Boone Boulevard Suite 600AddressLine1Txt
CityViennaCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22182ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN522389486EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1World Coatings Council IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWORLBusinessNameControlTxt
Phone2024626272PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1901 New York Avenue NW 300WAddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP200014831ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJ Andrew DoylePersonNm
Person TitlePresidentPersonTitleTxt
Phone2024626272PhoneNum
Signature2022-05-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJPersonFirstNm
Person LastAndrew DoylePersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLori A CollingsworthPreparerPersonNm
PTINP00639819PTIN
Phone7038930300PhoneNum
Preparation2022-05-10PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJ Andrew DoylePrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1901 New York Avenue NW 300WAddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP200014831ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$228,203GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website Addresshttps://worldcoatingscouncil.org/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTo promote and represent the common business interests of and improve the business conditions among members of the global paint and coatings industry.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$149,000PYProgramServiceRevenueAmt
CY Program Service Revenue$228,203CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$149,000PYTotalRevenueAmt
CY Total Revenue$228,203CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$198,906PYOtherExpensesAmt
CY Other Expenses$240,969CYOtherExpensesAmt
PY Total Expenses$198,906PYTotalExpensesAmt
CY Total Expenses$240,969CYTotalExpensesAmt
PY Revenues Less Expenses-$49,906PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$12,766CYRevenuesLessExpensesAmt
Total Assets BOY$79,829TotalAssetsBOYAmt
Total Assets EOY$58,501TotalAssetsEOYAmt
Total Liabilities BOY$17,778TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,725TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$62,051NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$55,776NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionThe purposes for which the Council is organized include operating to promote and represent the common business interest of and improve the business conditions among members of the global paint and coatings industry. With respect to international issues, the Council's mission includes facilitating an exchange of views among members and acting as a forum within which global strategies may be developed and ensuring representation of the paint and printing ink industries on key issues with international implications.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescMarine Coatings Technical Committee: The World Coatings Council (WCC) Marine Coatings Technical Committee (MCTC) was formed to address the International Maritime Organization's (IMO) program establishing a uniform performance standards for anti-corrosion protective coatings which are applied to ballast tanks, crude oil tanker cargo holds, and void spaces. Effective coatings to prevent corrosion of these critical areas are essential to preclude their breaching and causing catastrophic loss of life. Established by WCC member companies, the work group in 2010 successfully concluded the development of the major elements of a test protocol to be used in ascertaining the effectiveness of protective coatings for crude oil tanker holds. This was done under the auspices of the International Maritime Organization which agreed to WCC's recommendations including, additional time in which to resolve lingering issues. In developing the test protocol the WCC MCTC included independent testing labs, certification societies, shipyards, and ship owners- all of the major interests affected by the standards. The Committee's current projects include further refinement of the test protocol and a renewed effort concerning the implementation of the IMO ballast water tank requirements for invasive species treatment systems and their potential impact upon ballast water protective coatings.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescAntifouling Coatings Committee: The WCC Antifouling Coatings Committee (AFCC) was formed to: Monitor activity which will, or is likely to, impact on the regulations governing the marketing and use of antifouling products, whether such activity is undertaken by National Governments, International Organizations, NGOs or research institutions.; Exchange information about such activity.; Arrive at common standpoints regarding the acceptability or otherwise of such activity, and document and distribute common positions.; Lobby appropriate bodies to modify regulations or proposals to be in accordance with the Group's positions.In 2007 the WCC AFCC obtained NGO status at the International Maritime Organization (IMO), also referred to as the UN of the sea. Currently the AFCC sends delegations to several IMO committees which meet in various countries around the world.Membership of the WCC AFCC is open to all paint companies which manufacture antifoulings and related raw materials that are members of their national paint maker associations, which, either directly or via regional associations are members of the WCC.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescGlobal Paint and Coatings Industry Market Analysis Report (2019-2024): The World Coatings Council (WCC) has published a new, expanded edition of its well-respected Global Paint & Coatings Industry Market Analysis (GMA) report. This edition of the GMA provides comprehensive market research covering the global paint and coatings industry, addressing topics of relevance to coatings manufacturers, end users, raw materials suppliers, and others interested in the industry. The report covers three primary categories of coatings: Decorative, Original Equipment Manufacturers and Special Purpose, as well as the many sub-segments within those categories. Research will focus on sector analysis, market trends and drivers, and competitive landscape.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri DisclYes (1)NondeductibleContriDisclInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1American Coatings AssociationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2024626272PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1901 New York Avenue NW 300WAddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP200014831ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
J Andrew Doyle
President of ACA0.50Yes (X)$0$0$0
Tsutomo Baba
President of JPMA0.50Yes (X)$0$0$0
Christel Davidson
President of CEPE0.50Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1American Coatings AssociationBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1901 New York Avenue NW Suite 300WAddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP200014831ZIPCd
FieldValueIRS element (for citing)
ServicesManagement feesServicesDesc
Compensation$125,000CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Membership dues813910$149,250$149,250
Other program income900099$78,953$78,953
FieldValueIRS element (for citing)
Total Program Service Revenue$228,203TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$228,203TotalRevenueColumnAmt
Related Or Exempt Func Income$228,203RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$125,000TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,350TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$102,264TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,821TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,534TotalAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescBad debt expenseDesc
Total$1,000TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$240,969TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$77,806BOYAmt
EOY$50,987EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,000BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,023BOYAmt
EOY$7,514EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$79,829BOYAmt
EOY$58,501EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$15,438BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,340BOYAmt
EOY$2,725EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,778BOYAmt
EOY$2,725EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$62,051BOYAmt
EOY$55,776EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$62,051BOYAmt
EOY$55,776EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$79,829BOYAmt
EOY$58,501EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$12,766ReconcilationRevenueExpnssAmt
Prior Period Adjustments$6,491PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDue to affiliate- ACADesc
Amt$2,725Amt
FieldValueIRS element (for citing)
Total Liability$2,725TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 3The Organization utilizes the services of the American Coatings Association (ACA), an affiliated organization, to manage the organization on a day-to-day basis. Management fees represent amounts paid to ACA under the terms of an agreement for allocated staff time and overhead for management services, office space, and other resources. Management fees totaled $125,000 for the year ended December 31, 2021.
Form 990, Part VI, Section A, line 6Members of the WCC include the American Coatings Association (ACA), Australian Paint Manufacturers' Federation (APMF), the Brazilian Paint Manufacturers Association (ABRAFATI), The British Coatings Federation (BCF), the Canadian Paint and Coatings Association (CPCA), the European Council of the Paint, Printing Ink and Artists' Colours Industry (CEPE), the China National Coatings Industry Association (CNCIA), the French Paints, Printing Inks, Artist Colours and Adhesives Association(FIPEC), the German Paint Industry Association (VdL), the Japan Paint Manufacturers Association (JPMA), the Mexican Paint and Printing Ink Manufacturers' Association (ANAFAPYT), the New Zealand Paint Manufacturers Federation (NZPMF), the South African Paint Manufacturers Association (SAPMA), and the Association of the Paint Industry in Turkey (BOSAD).
Form 990, Part VI, Section A, line 7aThe organization has members who can appoint one or more members of the governing body.
Form 990, Part VI, Section A, line 7bCertain governance decisions are subject to approval by the members of the organization. (Dues, Dissolution)
Form 990, Part VI, Section B, line 11bAn independent accounting firm prepares the form 990 on the basis of financial statements provided by management. Management reviews the draft for accuracy and completeness and any proposed changes or questions are discussed at that time. Once the draft has been approved, it is signed and filed.
Form 990, Part VI, Section B, line 12cThe conflict of interest policy is reviewed at the beginning of each meeting of the Board of Directors.
Form 990, Part VI, Section C, line 19The organization makes its governing documents and financial statements available to the public upon request.
Form 990, Part IX, line 11gProfessional fees- other 102,264.