2025-07-03T13:00:42-05:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-01-01 341367748 THE POWDER COATING INSTITUTE INC POWD 9413731830 PO BOX 110578 LAKEWOOD RANCH FL 34211 ANDREW GOYER COO 9413731830 2025-07-03 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2024 2025-03-06 01:10:19Z ANDREW GOYER PO BOX 110578 LAKEWOOD RANCH FL 34211 2011507 0 X WWW.POWDERCOATING.ORG X 1981 OH SEE PART III, LINE 1. 11 11 0 45 426247 0 55375 20000 1533958 1629230 43692 68424 0 0 1633025 1717654 50000 55000 0 0 0 0 0 0 0 1492712 1580205 1542712 1635205 90313 82449 2160950 2463789 548540 626104 1612410 1837685 THE POWDER COATING INSTITUTE IS COMMITTED TO SERVING ITS MEMBERS BY PROMOTING THE BENEFITS OF POWDER COATING TECHNOLOGY. 0 0 THE POWDER COATING INSTITUTE CARRIED ON ACTIVITIES CONSISTENT WITH ADVANCING THE UTILIZATION OF POWDER COATING AS AN ECONOMIC, NON-POLLUTING HIGH QUALITY FINISH FOR INDUSTRIAL PURPOSES. 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 1 0 1 1 0 0 0 1 1 0 0 0 X 11 11 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X ANDREW GOYER 9413731830 PO BOX 110578 LAKEWOOD RANCH FL 34211 X TOM WHALEN PRESIDENT 10.00 X X 0 0 0 BOB CREGG VICE PRESIDENT 3.00 X X 0 0 0 TEDDY PIEPKOW SECRETARY/TREASURER 5.00 X X 0 0 0 SHELLEY VERDUN PAST PRESIDENT 2.00 X X 0 0 0 TABITHA MCLEISH DIRECTOR (UNTIL FEB. 2024) 1.00 X 0 0 0 JOHN COLE DIRECTOR (FROM MARCH 2024) 2.00 X 0 0 0 JEFF HALE DIRECTOR 2.00 X 0 0 0 MARTHA SAWYER DIRECTOR 2.00 X 0 0 0 DAVID FLATTEN DIRECTOR 1.00 X 0 0 0 MICHAEL WITHERS DIRECTOR 1.00 X 0 0 0 CHRIS BENINATI DIRECTOR 1.00 X 0 0 0 JOHN SUDGES DIRECTOR 2.00 X 0 0 0 KEVIN COURSIN EXECUTIVE DIRECTOR (SEE SCHEDULE O) 40.00 X 0 0 0 ANDREW GOYER CHIEF OPERATING OFFICER (SEE SCH. O) 20.00 X 0 0 0 0 0 0 0 0 0 0 GOYER MANAGEMENT INTERNATIONAL PO BOX 110578 LAKEWOOD RANCH FL 34211 MANAGEMENT SERVICES 636300 1 20000 20000 MEMBERSHIP DUES 900099 503855 503855 PC TOUGH ADVERTISING 541800 426247 426247 TRADESHOW/TECH. CONF. 900099 389977 389977 SEMINARS 900099 207077 207077 ANNUAL MEETING 900099 62397 62397 39677 39677 1629230 46972 46972 315305 293853 21452 21452 21452 1717654 1202983 426247 68424 55000 636300 2976 26933 17982 23180 22400 24644 12625 17148 17584 347735 2660 UBI TAXES 61 PC TOUGH MAGAZINE 325999 CERTIFICATION PROGRAM 63719 BOOKS AND ONLINE STORE 14116 24143 1635205 585825 695145 21330 23990 10395 24648 1543400 1720006 2160950 2463789 29206 26358 519334 599746 548540 626104 X 1577410 1817685 35000 20000 1612410 1837685 2160950 2463789 82449 142826 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 1842498 142826 142826 1699672 17982 17982 1717654 1617223 0 1617223 17982 17982 1635205 1 SCHOLARSHIPS 11 55000 PART I, LINE 2: PCI DOES NOT MONITOR THE USE OF SCHOLARSHIPS. CHECKS ARE ISSUED TO THE STUDENT'S UNIVERSITY AND DIRECTED FOR THE BENEFIT OF THE INDIVIDUAL STUDENT. GOYER MANAGEMENT INTERNATIONAL COO'S SPOUSE IS OWNER OF GOYER MANAGEMENT INTERNATIONAL 691412 MANAGEMENT SERVICES ARE PROVIDED BY GOYER MANAGEMENT INTERNATIONAL. GMI ALSO LEASES OFFICE SPACE TO PCI AND RECEIVES ADDITIONAL COMMISSIONS. 0 FORM 990, PART VI, SECTION A, LINE 3 PCI HAS A MANAGEMENT SERVICES AGREEMENT WITH GOYER MANAGEMENT INTERNATIONAL (GMI). DURING THE YEAR ENDED DECEMBER 31, 2024, PCI PAID GMI A TOTAL OF $636,300 IN BASE MANAGEMENT FEES. IN ADDITION, PCI PAID GMI ADDITIONAL COMMISSIONS FOR THE YEAR ENDING DECEMBER 31, 2024 IN THE AMOUNT OF $37,964. PCI PAID GMI RENT IN THE AMOUNT OF $17,148 FOR THE YEAR ENDED DECEMBER 31, 2024. ANDREW GOYER, PCI COO, AND KEVIN COURSIN, PCI EXECUTIVE DIRECTOR, WERE PAID $36,400 AND $180,100 RESPECTIVELY THROUGH GMI FOR SERVICES PROVIDED TO PCI IN 2024. FORM 990, PART VI, SECTION A, LINE 6 PCI HAS TWELVE CATEGORIES OF MEMBERS: 1. POWDER PRODUCERS 2. APPLICATION EQUIPMENT 3. SYSTEM HOUSES 4. RAW MATERIAL 5. CUSTOM COATERS 6. AUXILIARY 7. PRETREATMENT 8. CONSULTANT 9. OEM 10. PUBLICATIONS 11. DISTRIBUTOR 12. AFFILIATE FORM 990, PART VI, SECTION A, LINE 7A THE NOMINATING COMMITTEE PREPARES A SLATE OF CANDIDATES TO FILL VACANCIES ON THE BOARD OF DIRECTORS. NOMINEES MUST BE OFFICIAL REPRESENTATIVES OF A MEMBER COMPANY OR ANOTHER ACTIVE COMPANY REPRESENTATIVE. THE TOTAL VOTING MEMBERSHIP ELECTS THE REQUIRED NUMBER OF DIRECTORS FROM THE BALLOT. FORM 990, PART VI, SECTION A, LINE 7B A SIMPLE MAJORITY OF THE VOTING MEMBERSHIP IS REQUIRED TO AMEND THE BYLAWS. A MAJORITY VOTE OF CATEGORY 1-4 MEMBERS IS REQUIRED TO DISSOLVE THE INSTITUTE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. THE FULL BOARD RECEIVED A COPY OF THE FINAL 990 BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AGREE TO NOT ENGAGE OR SERVE ON ANY OTHER BOARD OF DIRECTORS RELATING TO A TRADE ASSOCIATION IN WHICH PCI IS OR MAY BECOME INVOLVED WITH OR WHICH WOULD OTHERWISE CONFLICT WITH THEIR OBLIGATIONS TO PCI. PCI BOARD MEMBERS MUST NOT: 1. PARTICIPATE, DIRECTLY OR INDIRECTLY, IN ANY ARRANGEMENT, AGREEMENT, INVESTMENT OR OTHER ACTIVITY WITH ANY PARTY DOING BUSINESS WITH PCI THAT HAS RESULTED OR COULD RESULT IN PERSONAL BENEFIT. 2. ACCEPT, DIRECTLY OR INDIRECTLY, ANY PAYMENTS, SALARY, LOANS OR GIFTS OF ANY KIND, OR ANY FREE SERVICE, DISCOUNTS OR OTHER FEES FROM OR ON BEHALF OF ANY PERSON OR ORGANIZATIONS ENGAGED IN ANY TRANSACTION WITH PCI. IF A BOARD MEMBER BELIEVES THAT HE/SHE HAS BEEN EXPOSED TO AN OFFER OR OPPORTUNITY THAT MAY BE IN CONFLICT WITH HIS/HER RESPONSIBILITIES TO PCI, HE/SHE REPORTS IT TO THE PRESIDENT OF THE BOARD OF DIRECTORS AND RECUSES HIMSELF/HERSELF AND ALLOWS THE BOARD TO DELIBERATE AND TAKE APPROPRIATE ACTION, AS THE BOARD SEES FIT, BASED ON THE BEST INTEREST OF PCI. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC.