2025-11-06T13:37:26-06:00 2024-12-31 420714325 RSM US LLP 1001 WATER ST STE 500 TAMPA FL 33602 990 2024-01-01 131142150 PACKAGING MACHINERY MANUFACTURERS INSTITUTE PACK 5716123200 12930 WORLDGATE DRIVE 200 HERNDON VA 20170 JIM PITTAS PRESIDENT AND CEO 5716123200 2025-11-04 1 0 KRISTEN BARNETT P01234578 8133162300 2025-11-04 2024 2025-03-06 01:10:19Z PMMI JIM PITTAS 12930 WORLDGATE DRIVE 200 HERNDON VA 20170 101447151 0 X WWW.PMMI.ORG X 1933 DE PMMI IMPROVES AND PROMOTES MEMBERS' ABILITIES TO SUCCEED IN A GLOBAL MARKETPLACE. 19 19 145 200 14087924 0 0 0 64899500 93729018 1778172 2554179 4694101 5163954 71371773 101447151 995688 1279978 0 0 21080808 21806701 0 0 0 48022534 69717456 70099030 92804135 1272743 8643016 88357736 102021751 36810564 38426233 51547172 63595518 PMMI IMPROVES AND PROMOTES MEMBERS' ABILITIES TO SUCCEED IN A GLOBAL MARKETPLACE. 0 0 EXHIBIT: DEVELOPS THE PROMOTION AND SPONSORSHIP OF PACK EXPO INTERNATIONAL AND PACK EXPO EAST IN CHICAGO AND PHILADELPHIA IN THE EVEN YEARS, AND PACK EXPO LAS VEGAS AND PACK EXPO SOUTHEAST IN ATLANTA IN THE ODD YEARS. 2,733 EXHIBITORS AND 47,816 ATTENDEES AT THE 2024 PACK EXPO INTERNATIONAL SHOW AND 496 EXHIBITORS AND 7,971 ATTENDEES AT THE PACK EXPO EAST SHOW. EXHIBITOR SERVICES & SHOW MANAGEMENT: PROVIDES EXHIBITOR CONTRACTOR SERVICES AT PACK EXPO INTERNATIONAL AND PACK EXPO EAST IN CHICAGO AND PHILADELPHIA IN THE EVEN YEARS, AND PACK EXPO LAS VEGAS AND PACK EXPO SOUTHEAST IN ATLANTA IN THE ODD YEARS. MEDIA GROUP: PROVIDES LEADING EDGE PRINT AND MEDIA TECHNOLOGIES THAT SERVE AS AN INTERACTIVE KNOWLEDGE EXCHANGE FOR THE PACKAGING AND PROCESSING SUPPLY CHAIN THROUGOUT THE YEAR. CIRCULATION: 146,000. PUBLICATIONS ISSUED: 21 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 199 0 1 145 1 1 1 1 MX 0 0 0 0 1 0 X 19 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X CRAIG SILVERIO 5716123200 12930 WORLDGATE DRIVE 200 HERNDON VA 20170 EMMANUEL CERF IMMEDIATE PAST CHAIR 3.00 1.00 X X 0 0 0 PATRICIA ANDERSEN CHAIR 3.00 1.00 X X 0 0 0 ANDREW BARRIEAU VICE CHAIR 3.00 1.00 X X 0 0 0 GREG BERGUIG BOARD MEMBER 2.00 X 0 0 0 NORM BUGGELE BOARD MEMBER 2.00 X 0 0 0 PATRICK CARROLL BOARD MEMBER 2.00 X 0 0 0 MARGIE CUSTIN BOARD MEMBER 2.00 X 0 0 0 JAKE GARVEY BOARD MEMBER 2.00 X 0 0 0 MATTHEW JONES BOARD MEMBER 2.00 X 0 0 0 BRUCE LARSON BOARD MEMBER 2.00 X 0 0 0 KEVIN MAUGER BOARD MEMBER 2.00 X 0 0 0 STEVE MULDER BOARD MEMBER 2.00 X 0 0 0 MIKE ODOM BOARD MEMBER 2.00 X 0 0 0 BRET RANC BOARD MEMBER 2.00 X 0 0 0 KEVIN ROACH BOARD MEMBER 2.00 X 0 0 0 ALAN SHUHAIBAR BOARD MEMBER 2.00 X 0 0 0 THOMAS SIOUI BOARD MEMBER 2.00 X 0 0 0 NICHOLAS TARABORELLI BOARD MEMBER 2.00 X 0 0 0 ELENI YIANAS BOARD MEMBER 2.00 X 0 0 0 JAMES PITTAS PRESIDENT & CEO 38.00 2.00 X 990562 52135 92585 CRAIG SILVERIO VP, FINANCE 38.00 2.00 X 492241 25908 81905 DAVID NEWCORN PRESIDENT, DIGITAL & DATA 40.00 X 431398 0 93209 TRACY STOUT VP, MARKETING & COMMUNICATION 40.00 X 378160 0 93120 LAURA THOMPSON VP, TRADE SHOWS 40.00 X 382138 0 79934 JORGE IZQUIERDO VP, MARKET DEVELOPMENT 40.00 X 365302 0 84219 THOMAS EGAN VP, INDUSTRY SERVICES 40.00 X 429561 0 82475 GLEN LONG SVP, INDUSTRY SERVICES 40.00 X 495832 0 70947 3965194 78043 678394 55 0 1 0 FREEMAN PO BOX 734596 DALLAS TX 75373 TRADE SHOW GEN CONTRACTOR 19982188 EMPLOYCO USA INC 350 EAST OGDEN AVENUE WESTMONT IL 60559 3RD PARTY BILLING SERVICES 6447034 THE EXPO GROUP 5931 WEST CAMPUS CIRCLE IRVING TX 75063 3RD PARTY BILLING SERVICES 4968168 MCCORMICK PLACE 301 E CERMAK ROAD CHICAGO IL 60616 EXHIBITION HALL RENTAL AND SERVICES 1971861 DISTRICT MARKETING GROUP PO BOX 2789 SPRINGFIELD VA 22182 ADVERTISING/MARKETING 1737256 54 EXHIBITS & MEETINGS 900099 72741742 71158769 23003 1559970 PUBLICATIONS & MEDIA 541800 14709828 326912 14064921 317995 MEMBERSHIP DUES 900099 2096251 2096251 REGISTRATION 900099 1553849 1553849 SPONSORSHIPS 900099 1010915 1010915 1616433 1494562 121871 93729018 2554179 2554179 EARNINGS FROM SUBS 900099 3924663 3924663 EXPO PACK COMMISSIONS 900099 1123386 1123386 115905 115905 5163954 101447151 80555006 14087924 6804221 X 1279978 2259943 13631260 2265232 2522423 1127843 93431 201431 157492 42188494 2858034 2168510 2240418 1152088 2377792 6298066 1481377 580208 COMMISSIONS 1979428 PRINTING & PUBLICATIONS 1932561 BANK AND CREDIT CARD FE 1839494 TEMP HELP 625584 1543048 92804135 1888585 2305777 2712505 3047311 10527 427 1551970 1791389 3815637 2069973 2224111 1745664 62821765 77155597 1433332 2318616 15714941 13656970 88357736 102021751 7748572 13560183 15543089 13939122 13518903 10926928 36810564 38426233 X 51547172 63595518 51547172 63595518 88357736 102021751 X 8643016 4838662 -1433332 X X 0 1 X 1 0 0 1 0 2073834 863481 1210353 1741803 1206492 535311 1745664 INTANGIBLE ASSET - UNAMORTIZABLE GOODWILL 5118319 DEFERRED COMPENSATION INVESTMENTS 900873 DUE TO RELATED ENTITIES 32758 DEFERRED COSTS 1159470 ROU ASSET 6334502 DEFERRED TAX ASSET 111048 13656970 DEFERRED COMPENSATION 900873 LEASE LIABILITY 10020103 DUE TO RELATED PARTIES 5952 10926928 X 108688443 4838662 2560122 7398784 101289659 157492 157492 101447151 96628330 3981687 3981687 92646643 157492 157492 92804135 PART X, LINE 2: THE INSTITUTE IS ORGANIZED AS A DELAWARE NONSTOCK CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(6). HOWEVER, THE INSTITUTE IS SUBJECT TO INCOME TAX ON ITS UNRELATED BUSINESS ACTIVITIES, SUCH AS PRINT AND ONLINE ADVERTISING AND AS A RESULT OF ADVERTISING COSTS. THE INSTITUTE HAS TAXABLE INCOME RESULTING FROM ITS ADVERTISING REVENUE. THE INSTITUTE IS ALSO SUBJECT TO A 5% WITHHOLDING TAX ON DIVIDEND DISTRIBUTIONS RECEIVED FROM EXPO PACK. THE INSTITUTE HAS GENERATED NET OPERATING LOSS CARRY-FORWARDS FROM ACTIVITIES OF PRIOR YEARS, WHICH WERE UNRELATED TO THE INSTITUTE'S EXEMPT PURPOSE AND SUBJECT TO INCOME TAX. THE NET OPERATING LOSS CARRYFORWARDS, WHICH MAY BE APPLIED AGAINST FUTURE YEARS TAXABLE INCOME, TOTALED $1,131,553 AT JANUARY 1, 2024. THE NET OPERATING LOSS CARRYFORWARDS WILL EXPIRE AT VARIOUS DATES THROUGH 2035. THE REALIZATION OF DEFERRED TAX ASSETS IS DEPENDENT UPON THE GENERATION OF FUTURE UNRELATED BUSINESS TAXABLE INCOME. THE INSTITUTE RECORDED A DEFERRED TAX ASSET OF $111,048 AT DECEMBER 31, 2024 AND 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPOPACK REVENUE INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 7,527,521. PMMI FOUNDATION REVENUE INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 1,160,628. ELIMINATION ENTRIES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS -6,128,027. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPOPACK EXPENSES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 5,036,190. PMMI FOUNDATION EXPENSES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 1,148,861. ELIMINATION ENTRIES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS -2,203,364. 1 PMMI EDUCATION AND TRAINING FOUNDATION 12930 WORLDGATE DRIVE SUITE 200 HERNDON VA 20170 541820667 501(C)(3) 1079978 0 OPERATIONS AMERICAN RED CROSS 431 EIGHTEENTH STREET NW WASHINGTON DC 20006 530196605 501(C)(3) 200000 0 OPERATIONS 2 0 X X X 0 1 X X 0 0 0 JAMES PITTAS PRESIDENT & CEO 681154 35850 93153 4903 216255 11382 53579 2820 34377 1809 1078518 56764 0 0 CRAIG SILVERIO VP, FINANCE 398426 20970 45335 2386 48480 2552 53579 2820 24231 1275 570051 30003 0 0 GLEN LONG SVP, INDUSTRY SERVICES 445272 0 44340 0 6220 0 56399 0 14548 0 566779 0 0 0 DAVID NEWCORN PRESIDENT, DIGITAL & DATA 404480 0 0 0 26918 0 56399 0 36810 0 524607 0 0 0 THOMAS EGAN VP, INDUSTRY SERVICES 361170 0 37413 0 30978 0 56399 0 26076 0 512036 0 0 0 TRACY STOUT VP, MARKETING & COMMUNICATION 342120 0 33250 0 2790 0 56399 0 36721 0 471280 0 0 0 LAURA THOMPSON VP, TRADE SHOWS 314184 0 42676 0 25278 0 54899 0 25035 0 462072 0 0 0 JORGE IZQUIERDO VP, MARKET DEVELOPMENT 299128 0 36902 0 29272 0 56399 0 27820 0 449521 0 0 0 PART I, LINE 1A PMMI REIMBURSED CERTAIN STAFF MEMBERS FOR SPOUSAL TRAVEL. EACH INDIVIDUAL WAS APPRISED OF THE TAXABLE NATURE OF SUCH REIMBURSMENT BY WAY OF A FORM W-2 ADDITION TO COMPENSATION: -JAMES PITTAS: $10,464 -DAVID NEWCORN: $128 -JORGE IZQUIERDO: $1,043 PMMI PAID FOR A SOCIAL CLUB MEMBERSHIP OF $1,550 AND A TAX GROSS UP OF $177,087 FOR ITS PRESIDENT AND CEO DURING 2024. ALL AMOUNTS ARE CONSIDERED TAXABLE AND PROPERLY REPORTED ON FORM W-2 AND IN FORM 990, PART VII AND ON FORM 990, SCHEDULE J, PART II. PART I, LINE 1B PMMI HAS WRITTEN POLICIES ON EVERYTHING EXCEPT FOR SPOUSAL TRAVEL. PMMI'S SPOUSAL TRAVEL POLICY IS NOT EXPLICITLY WRITTEN OUT, BUT IS AN OFFICIAL POLICY AND IS CARRIED OUT CONSISTENTLY. FORM 990, PART VI, SECTION A, LINE 1A PMMI HAS AN EXECUTIVE COMMITTEE COMPOSED OF THE OFFICERS OF THE INSTITUTE. THE EXECUTIVE COMMITTEE EXERCISES ALL OF THE POWERS OF THE BOARD IN BETWEEN MEETINGS OF THE FULL BOARD, EXCEPT AS LIMITED BY LAW. THE EXECUTIVE COMMITTEE KEEPS MINUTES OF ITS MEETINGS AND REPORTS ITS ACTIONS TO THE FULL BOARD AT THE FIRST BOARD MEETING FOLLOWING ANY ACTIONS TAKEN. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF PMMI IS DIVIDED INTO EIGHT (8) CLASSES: CHARTER, GENERAL (VOTING), HONORARY, SUPPLIER, MATERIALS, PROCESSING, ASSOCIATE, AND AFFILIATED SUPPLIER. CHARTER MEMBERS: ALL APPLICANTS WHO JOINED DURING 1933 WERE CHARTER MEMBERS. GENERAL MEMBERS: ANY LEGAL ENTITY, FIRM OR CORPORATION OR SUBSIDIARY OR DIVISION THEREOF MAINTAINING OFFICES AND MANUFACTURING FACILITIES IN THE UNITED STATES, CANADA OR MEXICO SHALL BE ELIGIBLE FOR MEMBERSHIP IN THE INSTITUTE PROVIDED: 1. THEY ARE ENGAGED IN THE MANUFACTURING OF PACKAGING MACHINERY, OR PACKAGING-RELATED CONVERTING EQUIPMENT, OR PROCESSING MACHINERY AS DEFINED IN PMMI'S BYLAWS; 2. HAVE BEEN ENGAGED IN THIS ACTIVITY IN THE U.S., CANADA OR MEXICO FOR A PERIOD OF TWO YEARS PRIOR TO APPLICATION; 3. HAVE APPLIED FOR SUCH MEMBERSHIP AND FOR ALL SERVICES AND PRIVILEGES OF MEMBERSHIP AND HAVE BEEN ELECTED BY THE AFFIRMATIVE VOTE OF THE MAJORITY OF THE BOARD OF DIRECTORS TO SUCH MEMBERSHIP; 4. HAVE AGREED TO PAY ALL FEES, DUES, AND ASSESSMENTS REQUIRED TO MEET THE EXPENSES OF THE INSTITUTE; AND 5. AGREE TO ABIDE BY PMMI'S BYLAWS. HONORARY MEMBERS: ANY INDIVIDUAL WHO HAS RENDERED DISTINGUISHED SERVICE TO THE INSTITUTE OR TO THE PACKAGING MACHINERY INDUSTRY, MAY BE ELECTED TO HONORARY MEMBERSHIP IN THE INSTITUTE, BY THE BOARD AND BY THE MEMBERSHIP. SUPPLIER MEMBERS: ANY LEGAL ENTITY, FIRM OR CORPORATION OR SUBSIDIARY OR DIVISION THEREOF THAT IS ENGAGED IN THE MANUFACTURING OF COMMERCIALLY AVAILABLE PACKAGING MACHINERY COMPONENTS AND THAT IS NOT ENGAGED IN THE MANUFACTURING OF PACKAGING MACHINERY, OR PACKAGING-RELATED CONVERTING EQUIPMENT, OR PROCESSING MACHINERY AS DEFINED IN THE BYLAWS, MAY APPLY FOR MEMBERSHIP IN THE INSTITUTE AS A SUPPLIER MEMBER. MATERIALS MEMBERS: ANY LEGAL, FIRM OR CORPORATION OR SUBSIDIARY OR DIVISION THEREOF THAT IS ENGAGED IN THE MANUFACTURING OF COMMERICALLY AVAILABLE PACKAGING MATERIALS AND CONTAINERS AND THAT IS NOT ENGAGED IN THE MANUFACTURING OF PACKAGING MACHINERY, OR PACKAGING-RELATED CONVERTING EQUIPMENT, OR PROCESSING MACHINERY AS DEFINED IN PMMI'S BYLAWS, MAY APPLY FOR MEMBERSHIP IN THE INSTITUTE AS A MATERIALS MEMBER. ASSOCIATE MEMBER: ANY LEGAL ENTITY, FIRM OR CORPORATION OR SUBSIDIARY OR DIVISION THEREOF ENGAGED IN THE MANUFACTURING OF PACKAGING MACHINERY OR PACKAGING-RELATED CONVERTING EQUIPMENT OR PROCESSING MACHINERY AND THAT HAS A PRESENCE, AS DETERMINED BY THE BOARD OF DIRECTORS, IN THE UNITED STATES, CANADA, OR MEXICO, BUT DOES NOT MEET THE REQUIREMENTS OF GENERAL MEMBERSHIP, MAY APPLY FOR MEMBERSHIP IN THE INSTITUTE AS AN ASSOCIATE MEMBER. AFFILIATED SUPPLIER MEMBER: ANY LEGAL ENTITY, FIRM OR CORPORATION OR SUBSIDIARY OR DIVISION THEREOF THAT IS ENGAGED IN THE PROVISION OF SERVICES TO THE PACKAGING OR PROCESSING INDUSTRIES, BUT IS NOT ENGAGED IN THE MANUFACTURING OF PACKAGING OR PROCESSING MACHINERY COMPONENTS, PACKAGING MATERIALS OR CONTAINERS, OR PACKAGING MACHINERY OR PACKAGING-RELATED CONVERTING EQUIPMENT OR PROCESSING MACHINERY AS DEFINED IN SECTIONS 3(A) AND 3(B) OF THIS ARTICLE, MAY APPLY FOR MEMBERSHIP IN THE INSTITUTE AS AN AFFILIATED SUPPLIER MEMBER. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS SHALL BE ELECTED BY THE MEMBERSHIP. THE ELECTION OF NEW DIRECTORS BY MEMBERS SHALL BE HELD THE FIRST DAY OF THE ANNUAL MEETING. AT LEAST TWENTY DAYS PRIOR TO THE ANNUAL MEETING THE NOMINATING COMMITTEE - CONSISTING OF THE IMMEDIATE PAST CHAIRMAN, WHO SHALL SERVE AS THE CHAIRMAN OF THE NOMINATING COMMITTEE; CHAIRMAN OF THE BOARD; AND VICE CHAIRMAN - SHALL MEET TO SELECT A SLATE OF CANDIDATES TO FILL ANY FULL FOUR (4) YEAR TERM, OR ANY VACANCY FOR A SHORTER TERM SHOULD THE NEED ARISE. IN SELECTING THE SLATE OF QUALIFIED NOMINEES TO BE PRESENTED TO THE MEMBERSHIP, THE NOMINATING COMMITTEE SHALL TAKE INTO CONSIDERATION THE OVERALL COMPANY SIZE AND GEOGRAPHIC MAKE UP OF THE EXISTING BOARD AND SHALL, TO THE EXTENT PRACTICABLE, SELECT NOMINEES THAT WILL MAINTAIN A WELL-BALANCED BOARD, REFLECTING THE INSTITUTE'S MEMBERSHIP. NO EXECUTIVE REPRESENTATIVE OF A MEMBER IN AN AFFILIATED GROUP, AS DEFINED IN SECTION 3(C) OF ARTICLE II OF THESE BYLAWS, SHALL BE ELIGIBLE FOR NOMINATION IF ANOTHER MEMBER IS ALREADY A MEMBER OF THE CURRENT BOARD. ONLY ONE NOMINATION FROM AN AFFILIATED GROUP CAN BE CONSIDERED BY THE NOMINATING COMMITTEE. TEN (10) DAYS PRIOR TO THE ANNUAL MEETING, THE PRESIDENT SHALL NOTIFY THE MEMBERS IN WRITING OF THE SLATE OF NOMINEES FOR THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B ALTERATIONS OR AMENDMENTS OF THESE BYLAWS MAY BE PROPOSED BY THE BOARD OF DIRECTORS OR BY PETITION SIGNED BY AT LEAST TWENTY PERCENT (20%) OF THE GENERAL MEMBERS OF THE INSTITUTE. BYLAWS MAY BE ALTERED OR AMENDED BY A MAJORITY VOTE OF THE GENERAL MEMBERS PRESENT AND VOTING AT ANY MEETING OF THE INSTITUTE AT WHICH A QUORUM IS PRESENT PROVIDED THAT NOTICE OF SUCH ALTERATION OR AMENDMENT SHALL HAVE BEEN GIVEN TO THE MEMBERS IN WRITING NOT LESS THAN FOURTEEN (14) DAYS PRIOR TO THE DATE OF THE MEETING AT WHICH SUCH MATTER IS TO BE VOTED UPON. GENERAL MEMBERS MAY ALSO CHOOSE TO VOTE BY BALLOT. BALLOTS MUST BE RECEIVED BY THE VICE-CHAIRMAN, OR HIS OR HER DESIGNEE, TWENTY-FOUR (24) HOURS BEFORE THE MEETING VOTE, THE BOARD OF DIRECTORS MAY, ON ITS OWN AUTHORITY, EFFECT AMENDMENTS TO THESE BYLAWS THAT ARE EDITORIAL IN NATURE AND DO NOT AFFECT THE SUBSTANCE OF ANY PROVISION. HONORARY PMMI MEMBERS, AS PREVIOUSLY DESCRIBED, ARE INITIALLY SELECTED BY UNANIMOUS VOTE OF THE BOARD OF DIRECTORS PRESENT AT ANY BOARD MEETING, AND BY TWO-THIRDS VOTE OF THE MEMBERS PRESENT AT A SUBSEQUENT GENERAL MEMBERSHIP MEETING. THE BOARD OF DIRECTORS, AS EMPOWERED BY AN AFFIRMATIVE VOTE OF TWO-THIRDS OF ALL PMMI MEMBERS, MAY SUSPEND OR EXPEL A MEMBER FOR CAUSE AFTER PROVIDING THE MEMBER WITH REASONABLE NOTICE AND OPPORTUNITY TO ANSWER THE CHARGES AGAINST IT AND AN APPROPRIATE HEARING. THE BOARD OF DIRECTORS SHALL HAVE POWER TO ESTABLISH DIVISIONS OF PMMI UNDER SUCH REGULATIONS AS MAY BE VOTED BY THE MEMBERSHIP. THE BOARD OF DIRECTORS SHALL ALSO HAVE POWER TO ESTABLISH DIVISIONS TENTATIVELY, SUBJECT TO RATIFICATION BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE PMMI 990 IS REVIEWED BY MEMBERS OF THE EXECUTIVE COMMITTEE AND APPROPRIATE STAFF PERSONS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C PMMI REQUIRES ANNUAL DISCLOSURES BY ALL BOARD MEMBERS, AND SUCH DISCLOSURES ARE REVIEWED FOR COMPLIANCE AND TO ENSURE RECUSAL OR OTHER APPROPRIATE CONDUCT BY ANY CONFLICTED DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 THE RESPONSIBILITY FOR ASSESSING THE PRESIDENT AND 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 MEETING EACH YEAR - 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 AND 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 AND CEO PERIODICALLY THROUGHOUT THE PERFORMANCE PERIOD TO DISCUSS THE ORGANIZATION'S RESULTS AND ADJUST THE PLAN AS NECESSARY. THE FORMAL EVALUATION BETWEEN THE PRESIDENT AND CEO AND THE COMMITTEE OCCURS AT THE END OF THE ANNUAL CYCLE. THE CHAIR IS RESPONSIBLE FOR MEETING WITH THE PRESIDENT AND CEO TO REVIEW HIS PERFORMANCE RESULTS AFTER COLLABORATION WITH THE COMMITTEE. THE FORMAL EVALUATION INCLUDES SUMMARIZING AND DOCUMENTING THE PRESIDENT AND CEO'S PERFORMANCE OVER THE PAST 12 MONTHS. THE COMMITTEE ACCESSES RESOURCES TO REVIEW THE EXTERNAL COMPETIVENESS OF THE PRESIDENT/CEO'S COMPENSATION PACKAGE IN THE CONTEXT OF THOSE PROVIDED TO EXECUTIVES IN COMPARABLE TRADE ASSOCIATIONS BASED ON INDUSTRY TYPE AND ANNUAL OPERATING BUDGETS. DATA IS COLLECTED REGULARLY TO ASSESS THE EXTERNAL COMPETIVENESS OF COMPENSATION FOR THE KEY EMPLOYEE POSITIONS. THIS DATA INCLUDES ANALYZING JOB CONTENT AND BENCHMARKING COMPENSATION FOR SIMILAR POSITIONS IN THE VARIOUS LABOR MARKETS IN WHICH THE ORGANIZATION COMPETES FOR EXECUTIVE TALENT. THIS INFORMATION IS UTILIZED TO OBTAIN CURRENT MARKET PAY DATA ACROSS THESE MARKETS FOR USE IN ESTABLISHING THE INTERNAL COMPENSATION STRUCTURE. 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. KEY EMPLOYEES: THE RESPONSIBILITY FOR ASSESSING THE ANNUAL PERFORMANCE AND PAY CHANGES FOR KEY EMPLOYEES IS THAT OF THE PRESIDENT AND 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 ONGOING. 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. FORM 990, PART VI, SECTION C, LINE 19 PMMI DOES NOT GENERALLY MAKE THESE DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES 42,188,494. FORM 990, PART XI, LINE 9: BEG. NA OF PES -1,433,332. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. PACK EXPO SERVICES LLC 12930 WORLDGATE DRIVE 200 HERNDON VA 20170 770603356 EXHIBITOR CONTRACTOR SERVICES VA 36259723 7901913 PMMI PMMI EDUCATION AND TRAINING FOUNDATION 12930 WORLDGATE DRIVE 200 HERNDON VA 20170 541820667 PERFORMS THE CHARITABLE, EDUCATIONAL, & SCIENTIFIC FUNCTIONS OF PMMI VA 501(C)(3) LINE 12A, I PMMI 1 EXPO PACK MEXICO SA DE CV HOMERO NO 418 PISO 3 COL CHAPULTEPEC MORALES MX D F 11570 TRADE SHOW MX PMMI C 8248928 6895129 1.00000 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 PMMI EDUCATION AND TRAINING FOUNDATION B 1079978 CASH EXPO PACK MEXICO SA DE CV S 1123259 SALES COMMISSION