2025-11-16T19:09:01-06:00 2024-12-31 946214841 ARMANINO ADVISORY LLC 1520 S FIFTH STREET SUITE 309 ST CHARLES MO 63303 990 2024-01-01 362332840 PROMOTIONAL PRODUCTS ASSOCIATION INT'L PROM 9722583085 3125 SKYWAY CIRCLE NORTH IRVING TX 750383526 ANDREW HOLMGREEN CEO 9722583085 2025-11-15 1 1 JENNIFER M VACHA P01251998 6362553000 2025-11-15 2024 2025-03-06 01:10:19Z ANDREW HOLMGREEN 3125 SKYWAY CIRCLE NORTH IRVING TX 750383526 70529429 0 X WWW.PPAI.ORG X 1904 TX PROVIDES MEMBERS WITH A WIDE RANGE OF SERVICES WHICH ARE DESIGNED TO HELP (CONTINUED ON SCH O) BOTH SUPPLIERS AND DISTRIBUTORS EXPAND AND IMPROVE THEIR MARKETS. 11 11 82 14 890780 0 0 0 20361747 22002104 494110 1160562 1333561 1578316 22189418 24740982 0 9508 0 0 1841098 7399757 0 0 0 19812693 16804112 21653791 24213377 535627 527605 28041884 28624512 15042658 14966039 12999226 13658473 X PROVIDES MEMBERS WITH A WIDE RANGE OF SERVICES WHICH ARE DESIGNED TO HELP BOTH SUPPLIERS AND DISTRIBUTORS EXPAND AND IMPROVE THEIR MARKETS. 0 0 TRADE SHOWS - PPAI HOSTS THE ANNUAL PPAI EXPO, AN IN-PERSON TRADE SHOW. THERE ARE APPROXIMATELY 1,000 EXHIBITING COMPANIES FEATURING OVER 2,600 BOOTHS, SPREAD ACROSS A 1 MILLION SQUARE FOOT TRADE FLOOR. ADDITIONALLY, OVER 10,000 DISTRIBUTORS ATTEND THE ANNUAL SHOW. DIRECT-2-YOU IS A VIRTUAL TRADE SHOW FOR THE PROMOTIONAL PRODUCTS INDUSTRY. MEMBERSHIP SERVICES - PPAI COLLECTS MEMBERSHIP DUES FROM NEARLY 15,000 MEMBER COMPANIES AND PROVIDES INFORMATION AND SUPPORT TO MEMBERS CONCERNING TRADE SHOWS, EDUCATION, PUBLICATIONS AND BUSINESS PARTNER PROGRAMS PROVIDING INDUSTRY DISCOUNTS. PUBLICATIONS - PPAI PUBLISHES A MONTHLY MAGAZINE, "PPAI MAGAZINE," ONE BI-WEEKLY DIGITAL NEWSLETTER, "NEWSLINK, AND ONE DAILY DIGITAL BUSINESS TIPS E-NEWSLETTER, "PROMOTIONAL CONSULTANT TODAY," FOR THE PROMOTIONAL PRODUCTS INDUSTRY. PROFESSIONAL DEVELOPMENT - PROVIDES EDUCATIONAL OPPORTUNITIES FOR MEMBERS. ALSO OFFERS AN INDUSTRY CERTIFICATION PROGRAM.PUBLIC AFFAIRS - PROVIDES INFORMATION AND SUPPORT TO THE INDUSTRY CONCERNING PRODUCT SAFETY AND LEGISLATIVE MATTERS ON THE STATE AND FEDERAL LEVEL.MEMBER ENGAGEMENT - PROVIDES INFORMATION FOR MEMBER ENGAGEMENT FOR VOLUNTEER LEADERSHIP, ASSOCIATIONS PROGRAMS, AWARDS AND SERVICE ACTIVITIES.REGIONAL RELATIONS - PROVIDES A LIAISON WITH 26 INDEPENDENT REGIONAL ASSOCIATES ON ACTIVITIES FOR THE BETTERMENT OF THE INDUSTRY. BUSINESS DEVELOPMENT - PROVIDES A VALUE-ADDED SALES APPROACH FOR MEMBERS BY PROVIDING CONSULTATIVE SALES PLANNING, WHILE CREATING A BETTER MEMBER EXPERIENCE; IDENTIFIES NEW PRODUCTS OR SERVICES TO HELP ITS MEMBERS GROW.INDUSTRY PROMOTION - PROMOTES THE INDUSTRY THROUGH PUBLICATIONS, ADVERTISING, TRADE SHOWS AND SOCIAL MEDIA.TECHNOLOGY - DEVELOPS AND MAINTAINS THE ASSOCIATION'S TECHNICAL RESOURCES AND WEBSITE.VOLUNTEER ADMINISTRATION - PROVIDES NECESSARY SUPPORT AND COORDINATION FOR THE VOLUNTEER BOARD AND COMMITTEE MEMBERS.CORPORATE SOCIAL RESPONSIBILITY - PROVIDES RESOURCES AND GUIDANCE FOR MEMBERS TO IMPROVE THEIR CSR EFFORTS, INCLUDING SUSTAINABILITY, ETHICAL SOURCING, AND SOCIAL EQUITY. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 51 0 1 82 1 1 1 0 0 0 0 0 0 0 0 X 11 11 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANDREW HOLMGREEN 9722583085 3125 SKYWAY CIRCLE NORTH IRVING TX 750383526 ANDREW SPELLMAN CHAIRMAN OF THE BOARD 3.00 X X 0 0 0 DENISE TASCHEREAU CHAIR-ELECT OF THE BOARD 2.00 X X 0 0 0 CHRIS ANDERSON VICE CHAIR, FINANCE 2.00 X X 0 0 0 KEVIN WALSH IMMEDIATE PAST CHAIR 2.00 X 0 0 0 KARA KEISTER REGIONAL DELEGATE 1.00 X 0 0 0 LORI BAUER DIRECTOR 1.00 X 0 0 0 KARIE COWDEN DIRECTOR 1.00 X 0 0 0 TOM GOOS DIRECTOR (THRU 01/24) 1.00 X 0 0 0 ZACH OTTENSTEIN DIRECTOR 1.00 X 0 0 0 DAN PANTANO DIRECTOR 1.00 X 0 0 0 MELISSA RALSTON DIRECTOR (THRU 01/24) 1.00 X 0 0 0 ERIN REILLY DIRECTOR 1.00 X 0 0 0 DANNY ROSIN DIRECTOR 1.00 X 0 0 0 JOSH WHITE DIRECTOR (THRU 01/24) 1.00 X 0 0 0 DALE DENHAM CEO (THRU 08/24) 40.00 X 474316 0 37834 DAWN OLDS INTERIM CEO (AS OF 07/24) 40.00 X 146399 0 13946 TROY NAEF FRACTIONAL CFO 40.00 X 234000 0 0 ELLEN TUCKER VP, REVENUE & EXPOSITIONS 40.00 X 263772 0 33282 LINDSEY DAVIS DIRECTOR, BUSINESS DEV. 40.00 X 194637 0 16763 TRENT GRANDEY SR. SOFTWARE ARCHITECT/DEVELOPER 40.00 X 157705 0 21557 JOSHUA ELLIS EDITOR-IN-CHIEF 40.00 X 151594 0 16156 CHAD KARSTENS DIR. OF TECHNOLOGY (THRU 11/24) 40.00 X 153499 0 12437 TERRY ANDREASEN SENIOR MANAGER SYSTEMS 40.00 X 127054 0 15557 1902976 0 167532 21 0 1 0 MGM RESORTS INTERNATIONAL 3950 LAS VEGAS BLVD LAS VEGAS NV 89119 EVENT SERVICES - MAIN EXPO 2576343 SCOTT & REID GENERAL CONTRACTORS LLC 15207 ADDISON RD ADDISON TX 75001 CONTRACTING SERVICES - OFFICE REMODEL 1201815 FREEMAN EXPOSITIONS LLC 3801 ADLER DR SUITE 100 150 DALLAS TX 75211 EVENT SERVICES - ANNUAL TRADE SHOW 463737 HUTTON HOTEL 1808 WEST END AVENUE NASHVILLE TN 37203 EVENT SERVICES - WOMEN LEADERSHIP PROGRA 249132 ROYLE PRINTING 745 S BIRD ST SUN PRAIRIE WI 53590 PRINTING SERVICES - PPAI MAGAZINE 247789 16 TRADE SHOWS 813920 9896166 9896166 MEMBERSHIP DUES 813920 9788565 9788565 PUBLICATIONS 813920 1473059 582279 890780 EDUCATION & CONFERENCE 813920 815814 815814 REGIONAL RELATIONS 813920 28500 28500 22002104 890462 890462 1534563 1534563 46058547 45788447 270100 270100 270100 INSURANCE PROCEEDS 900099 32908 32908 REBATES 900099 10714 10714 OTHER INCOME 900099 131 131 43753 24740982 21111324 890780 2738878 9508 1203548 4973076 161892 582492 478749 330658 59051 47000 50870 1532425 962012 1978383 718004 761768 1049045 1718622 253166 185234 MEMBERSHIP SERVICES 6761160 PUBLICATIONS 287461 EDUCATION 109253 24213377 6867662 3863445 12207022 7203973 1011181 1125114 4761459 2086243 6373423 2725281 1120491 3648142 2059667 10655093 14402 42502 28041884 28624512 1166706 1591670 13875952 13374369 15042658 14966039 X 12999226 13658473 12999226 13658473 28041884 28624512 527605 131642 0 X 0 1 X 1 0 0 0 0 9788565 47000 47000 195771 -148771 280778 280778 4465443 2040840 2424603 1372743 653418 719325 254459 31023 223436 3648142 X 18266471 131642 131642 18134829 50870 6555283 6606153 24740982 17607224 0 17607224 50870 6555283 6606153 24213377 PART X, LINE 2: THE ASSOCIATION IS A NON-PROFIT CORPORATION AND IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. NET INCOME FROM PUBLICATIONS IS SUBJECT TO FEDERAL INCOME TAXES AS UNRELATED BUSINESS INCOME. NO CURRENT PROVISION FOR FEDERAL INCOME TAXES ON UNRELATED BUSINESS INCOME HAS BEEN MADE DUE TO THE UTILIZATION OF NET OPERATING LOSS CARRYFORWARDS. UNUSED NET OPERATING LOSSES CARRIED FORWARD AVAILABLE TO OFFSET FUTURE INCOME TAXES RELATED TO UNRELATED BUSINESS INCOME EXPIRE AT VARIOUS DATES IN THE FUTURE. ANY DEFERRED INCOME TAX ASSETS RELATED TO THESE LOSSES ARE FULLY OFFSET BY A VALUATION ALLOWANCE. THE ASSOCIATION FOLLOWS THE PROVISIONS OF FASB ASC 740 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. UNDER THIS ASC GUIDANCE, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED. THE ASSOCIATION DOES NOT BELIEVE THERE ARE ANY UNRECOGNIZED TAX BENEFITS THAT SHOULD BE RECORDED. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE STATEMENTS OF ACTIVITIES RELATED TO TAXES. THE ASSOCIATION IS STILL OPEN TO EXAMINATION BY TAXING AUTHORITIES FROM 2021 FORWARD. PART XI, LINE 4B - OTHER ADJUSTMENTS: COSTS NETTED WITH MEMBERSHIP DUES 6,555,283. PART XII, LINE 4B - OTHER ADJUSTMENTS: COSTS NETTED WITH MEMBERSHIP DUES 6,555,283. CENTRAL AMERICA AND THE CARRIBEAN 0 0 INVESTMENTS 294529 0 0 0 0 0 0 294529 0 294529 1 0 1 0 0 0 1 PROMOTIONAL PRODUCTS EDUCATION FOUNDATION 3125 SKYWAY CIRCLE NORTH IRVING TX 75038 751714221 501(C)(3) 9508 0 MATCH DONOR CONTRIBUTIONS 1 0 PART I, LINE 2: THE ORGANIZATION ONLY MADE GRANTS TO PROMOTIONAL PRODUCTS EDUCATION FOUNDATION DURING THE YEAR. PPAI HAS TWO REPRESENTATIVES ON THE BOARD OF PPEF AND IS ABLE TO CLOSELY MONITOR ANY GRANT FUNDING THROUGH THESE REPRESENTATIVES. PPAI MADE NO OTHER GRANTS IN 2024. X 1 1 X X X 1 1 0 DALE DENHAM CEO (THRU 08/24) 326195 0 63945 0 84176 0 21504 0 16330 0 512150 0 0 0 ELLEN TUCKER VP, REVENUE & EXPOSITIONS 215365 0 40500 0 7907 0 32612 0 670 0 297054 0 0 0 TROY NAEF FRACTIONAL CFO 234000 0 0 0 0 0 0 0 0 0 234000 0 0 0 LINDSEY DAVIS DIRECTOR, BUSINESS DEV. 144725 0 46700 0 3212 0 8286 0 8477 0 211400 0 0 0 TRENT GRANDEY SR. SOFTWARE ARCHITECT/DEVELOPER 151728 0 4750 0 1227 0 8045 0 13512 0 179262 0 0 0 JOSHUA ELLIS EDITOR-IN-CHIEF 141241 0 6500 0 3853 0 7544 0 8612 0 167750 0 0 0 CHAD KARSTENS DIR. OF TECHNOLOGY (THRU 11/24) 143135 0 6857 0 3507 0 3751 0 8686 0 165936 0 0 0 DAWN OLDS INTERIM CEO (AS OF 07/24) 142149 0 500 0 3750 0 750 0 13196 0 160345 0 0 0 PART I, LINE 1A DALE DENHAM RECEIVED A HOUSING ALLOWANCE DURING 2024. PART I, LINES 4A-B DALE DENHAM SERVED AS CHIEF EXECUTIVE OFFICER (CEO) THROUGH AUGUST 16, 2024, AND RECEIVED SEVERANCE OF $81,250 DURING THE CALENDAR YEAR. ELLEN TUCKER, VP, REVENUE & EXPOSITIONS, AND DALE DENHAM WERE CONFIRMED PARTICIPANTS IN THE ORGANIZATION'S 457(B) PLAN DURING THE YEAR, RECEIVING $22,750 AND $10,600, RESPECTIVELY. FORM 990, PART VI, SECTION A, LINE 4 DURING THE TAX YEAR, THE ORGANIZATION AMENDED ARTICLE X, SECTION 4 OF ITS BYLAWS REGARDING THE QUORUM REQUIREMENT FOR MEMBERSHIP MEETINGS. THE PRIOR BYLAWS REQUIRED THAT A QUORUM CONSIST OF AT LEAST SIXTY (60) VOTING MEMBERS, AND THAT MEETINGS BE ADJOURNED AND RESCHEDULED IF FEWER THAN SIXTY (60) MEMBERS WERE PRESENT. THE AMENDED BYLAWS NOW PROVIDE THAT THE MEMBERS PRESENT AT A PROPERLY CALLED MEETING SHALL CONSTITUTE A QUORUM, THEREBY ELIMINATING THE FIXED NUMERICAL QUORUM REQUIREMENT. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHICH ARE MADE UP OF THE FOLLOWING SIX CORE MEMBERSHIP TIERS: SUPPLIER, DISTRIBUTOR, SOLUTIONS PROVIDER, INTERNATIONAL SUPPLIER, INTERNATIONAL DISTRIBUTOR, AND HONORARY LIFE MEMBER. THE MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT EIGHT OF THE ELEVEN BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE CEO AND THE DIRECTOR OF FINANCE & ADMINISTRATION PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION OBTAINS AN ANNUAL AFFIRMATION OR DISCLOSURE FROM EACH BOARD MEMBER AND REQUIRES ALL NEW BOARD MEMBERS TO AFFIRM OR DISCLOSE ANY CONFLICTS AT THE TIME THEY JOIN. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE ANNUALLY REVIEWS THE COMPENSATION OF THE ORGANIZATIONS OFFICERS USING COMPARABLE DATA TO DETERMINE SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE AT ITS OFFICE AND UPON REQUEST.