2024-08-12T12:11:49-05:00 2023-12-31 571157523 Aprio LLP 111 Rockville Pike Suite 600 Rockville MD 20850 990 2023-01-01 364192410 Propane Education & Research Council PROP 2024528975 1140 Connecticut Avenue NW 1075 Washington DC 20036 Shawn Stack Vice President, Finance, Data, Tech 2024528975 2024-07-31 1 0 Stacy Cullen P00974308 3012316200 2024-07-31 2023 2024-08-08 14:25:15Z Shawn Stack 1140 Connecticut Avenue NW 1075 Washington DC 20036 104019044 0 X www.propane.com X 1997 DE Expand and grow safe efficient use of odorized propane gas as preferred energy source. 21 21 41 21 0 0 0 0 40243221 36948005 1049081 2217285 -66207 -124135 41226095 39041155 0 0 0 0 6249075 6831738 0 0 0 36041809 36166373 42290884 42998111 -1064789 -3956956 64670257 58820802 18908297 16818977 45761960 42001825 X To develop programs and projects including programs to enhance consumer and employee safety & training, to provide for research & development of clean and efficient propane utilization equipment development of clean and efficient propane utilization equipment to inform and educate the public about safety and other issues associated with the use of propane. 0 0 Research and Development - Support research related to the use of odorized propane and development of propane utilization equipment. Safety and Training - Support public and propane industry awareness and training to foster the safe, efficient use and handling of odorized propane. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 336 0 1 41 1 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X Shawn Stack 2024528975 1140 Connecticut Avenue NW Ste 1075 Washington DC 20036 Thomas Perkins President and CEO 40.00 X 573474 0 44982 Gavin Hale Dir of Product Development & Power Generati 40.00 X 268108 0 12806 Bridget Kidd Chief Operating Officer 40.00 X 260264 0 36736 Shawn Stack VP, Finance, Data, Technology 40.00 X 222006 0 31941 Eric Kuster SVP, Safety, Educ, and Comp 40.00 X 227833 0 23044 Erin Hatcher SVP, Comms and Marketin 40.00 X 225181 0 28139 Gokul Vishwanathan Dir of Research and Sustainability 40.00 X 206720 0 32767 Theresa Ryan Dir of Admin & HR 40.00 X 200371 0 15609 Paula Wilson Dir of Industry Engagement (until 12/23) 40.00 X 198236 0 23035 John Kerekes Dir of Contracts & Internal Counsel 40.00 X 182200 0 15298 Chris DeFilippo Chairman 1.00 X X 0 0 0 Stuart Weidie Immediate Past-Chairman 1.00 X X 0 0 0 Christopher Hill Vice Chairman, Marketers 1.00 X X 0 0 0 Joe McGinn Vice Chairman, Producers 1.00 X X 0 0 0 Trent Hampton Treasurer 1.00 X X 0 0 0 Dan Richardson Secretary 1.00 X X 0 0 0 Bill Briggs Director 1.00 X 0 0 0 Kevin Cobb Director 1.00 X 0 0 0 Michael Dickinson Director 1.00 X 0 0 0 Mike Garcia Director 1.00 X 0 0 0 Michael Heim Director 1.00 X 0 0 0 Antwan Holmes Director 1.00 X 0 0 0 Jeff Kerns Director 1.00 X 0 0 0 Brandon Long Director 1.00 X 0 0 0 Duncan McGinnis Director 1.00 X 0 0 0 Mark Sutton Director 1.00 X 0 0 0 Tammi Weigand Director 1.00 X 0 0 0 Brian Wilkin Director 1.00 X 0 0 0 Leslie Woodward Director 1.00 X 0 0 0 Bob Young Director 1.00 X 0 0 0 Lisa Zuppas Director 1.00 X 0 0 0 2564393 0 264357 22 0 1 0 GRP Media Inc 401 N Michigan Avenue Suite 250 Chicago IL 60611 Media strategy and planning 14409520 Swanson Russell Inc 1202 P Street Lincoln NE 68508 Consulting 1934991 Elevation Advertising LLC 9 West Main Street Richmond VA 23220 Media strategy and planning 1104849 National Propane Gas Association 1140 Connecticut Avenue NW Suite Washington DC 20036 Strategic partnership and technical rese 1008750 Cummins Inc PO Box 772360 Detroit MI 48277 Technology development consulting 800000 40 Assessment Revenue 541900 35980242 35980242 State Org Revenue 541900 946446 946446 Event Registration 541900 21317 21317 36948005 2217408 2217408 213275 0 213275 213275 213275 63267685 63267808 -123 -123 -123 1346334 1710081 -363747 -363747 Miscellaneous 900099 26337 26337 26337 39041155 36584258 0 2456897 X 1673600 4146276 191352 431942 388568 209084 419604 27894325 504823 3226249 506381 1405483 1250418 23686 137478 Dues and Subscriptions 503469 Bank and Payroll Fees 41552 Professional Developmen 34491 Miscellaneous 7339 1991 42998111 6664930 12399743 7089167 6787335 582722 562586 684337 730592 5543691 5354795 35792 188896 48290118 36837055 1323191 1314595 64670257 58820802 3231428 3346205 6100 15676869 13466672 18908297 16818977 X 45761960 42001825 45761960 42001825 64670257 58820802 -3956956 196821 0 X X 0 1 X 1 0 0 1 0 373209 354640 18569 4856103 4815181 40922 314379 184974 129405 188896 State Rebate Obligation 12236694 Lease Liability 1229978 13466672 X 39273976 196821 36000 232821 39041155 0 39041155 43034111 36000 36000 42998111 0 42998111 Part X, Line 2: The Council evaluates uncertainty in income tax positions taken or expected to be taken on a tax return based on a more likely than not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50% likely of being realized upon ultimate settlement and is recognized in the Council's financial statements. As of December 31, 2023 and 2022, there are no accruals for uncertain tax positions. If applicable, the Council records interest and penalties as a component of income tax expense. Tax years from January 1, 2020 through the current year remain open for examination by federal and state tax authorities. X X X X 0 0 0 Thomas Perkins President and CEO 421474 0 152000 0 0 0 32409 0 12573 0 618456 0 0 0 Gavin Hale Dir of Product Development & Power G 253108 0 15000 0 0 0 0 0 12806 0 280914 0 0 0 Bridget Kidd Chief Operating Officer 209494 0 50770 0 0 0 15803 0 20933 0 297000 0 0 0 Shawn Stack VP, Finance, Data, Technology 184950 0 37056 0 0 0 11329 0 20612 0 253947 0 0 0 Eric Kuster SVP, Safety, Educ, and Comp 182833 0 45000 0 0 0 11025 0 12019 0 250877 0 0 0 Erin Hatcher SVP, Comms and Marketin 180181 0 45000 0 0 0 8991 0 19148 0 253320 0 0 0 Gokul Vishwanathan Dir of Research and Sustainability 179801 0 26919 0 0 0 10528 0 22239 0 239487 0 0 0 Theresa Ryan Dir of Admin & HR 174486 0 25885 0 0 0 10362 0 5247 0 215980 0 0 0 Paula Wilson Dir of Industry Engagement (until 12 174438 0 23798 0 0 0 11099 0 11936 0 221271 0 0 0 John Kerekes Dir of Contracts & Internal Counsel 162603 0 19597 0 0 0 10827 0 4471 0 197498 0 0 0 Form 990, Part VI, Section B, line 11b The Form 990 is examined by the senior VP, administration & finance for completeness and accuracy. The audit committee acting on behalf of the governing body reviews the Form 990. Form 990, Part VI, Section B, line 12c Council members sign annually. Employees acknowledge annually. Form 990, Part VI, Section B, line 15 Compensation studies are conducted periodically as needed. The last full study was performed in November of 2017. Form 990, Part VI, Section C, line 19 Availability of certain documents to the public information is available upon request. Form 990, Part IX, line 11g Other Professional Fees 22,046,827. Video, Audio and Photography 4,352,498. Partnership Expenses 1,495,000. Form 990, Part IX, Line 11g: Given that the organization does not have to break out expenses by functional expense, we do not need to list which functional expense category it would fall in. Form 990, Part XII, Line 2c: The board has charged those responsible for the organization's finances with oversight of the independent audit. The process is consistent with the prior year.