Nonprofit · EIN 56-2126490
POLYMERS CENTER OF EXCELLENCE INC
Tax-exempt · CHARLOTTE, NC 28262
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,210,025 | $2,413,155 | -$203,130 | $5,987,045 | $3,057,157 | $2,929,888 |
| June 30, 2024 | 990 | $2,075,002 | $2,128,554 | -$53,552 | $4,474,882 | $1,341,864 | $3,133,018 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $499,746
- Program service revenue
- $1,710,279
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $778,468
- Salaries, compensation and benefits (total)
- $1,101,456
- Professional fundraising fees
- $0
- Occupancy
- $45,368
- Travel
- $30,151
- Depreciation
- $31,210
Balance sheet and other
- Total assets, start of year
- $4,474,882
- Total assets, end of year
- $5,987,045
- Total liabilities, end of year
- $3,057,157
- Net assets, end of year
- $2,929,888
- Land, buildings and equipment
- $4,709,480
- Net assets without donor restrictions
- $2,929,888
- Gross receipts
- $2,210,025
- Employees
- 12
- Volunteers
- 0
- Year formed
- 1998
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| PHIL SHOEMAKER | EXECUTIVE DIRECTOR Officer | 40 | $0 | $185,890 |
| H L REESE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PHIL MINTZ | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| JEFF RAQUET | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEFFREY EDGE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BILL MURPHY | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| TERRY PETERSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK DRAHEIM | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LILIAN HSIAO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN AMMONDSON | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT CHAMBERS | CHAIRMAN Trustee or director | 1 | $0 | $0 |
| JIM HARTMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GRETCHEN CARSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WALT BASSETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MONIKA GNEUSS | SECRETARY Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN NORTH | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHIL SHOEMAKER | EXECUTIVE DIRECTOR Officer | 40 | $180,790 |
| H L REESE | BOARD MEMBER Trustee or director | 1 | $0 |
| PHIL MINTZ | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| JEFF RAQUET | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFFREY EDGE | BOARD MEMBER Trustee or director | 1 | $0 |
| BILL MURPHY | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| TERRY PETERSON | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK DRAHEIM | BOARD MEMBER Trustee or director | 1 | $0 |
| LILIAN HSIAO | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN AMMONDSON | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| SCOTT CHAMBERS | CHAIRMAN Trustee or director | 1 | $0 |
| JIM HARTMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| GRETCHEN CARSON | BOARD MEMBER Trustee or director | 1 | $0 |
| WALT BASSETT | BOARD MEMBER Trustee or director | 1 | $0 |
| MONIKA GNEUSS | SECRETARY Trustee or director | 1 | $0 |
| STEVEN NORTH | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8900 RESEARCH DR, CHARLOTTE, NC 28262-8540
- In care of
- % STEVE BROWN
- Principal officer (990 for 2024)
- THOMAS MCHOUELL, 8900 RESEARCH DRIVE, CHARLOTTE, NC 28262
- Signed the 990
- THOMAS MCHOUELL, EXECUTIVE DIRECTOR
- Phone
- (704) 602-4100
- Website
- POLYMERS-CENTER.ORG
- Return prepared by
- Murray Group CPA PLLC
Mission
TO PROVIDE CONTINUING EDUCATION AND TECHNICAL SUPPORT TO PLASTICS PROCESSING INDUSTRY
Program accomplishments
- POLYMERS CENTER OF EXCELLENCE INC PROVIDES TRAINING PROGRAMS IN BOTH EXTRUSION AND INJECTION MOLDING AT POLYMERS CENTER OF EXCELLENCE'S FACILITIES AS WELL AS THE CUSTOMER'S PLANT SITES AND AT COMMUNITY COLLEGES. THE TOTAL NUMBER OF STUDENTS IS APPROXIMATELY SIX HUNDRED A YEAR.
- POLYMERS CENTER OF EXCELLENCE PROVIDES TECHNICAL SUPPORT FOR THE POLYMERS INDUSTRY UTILIZING PHONE, EMAIL, AND ON-SITE CALLS. TOTAL NUMBER OF PARTICIPANTS SERVICED IN A YEAR IS APPROXIMATELY 200.
- POLYMERS CENTER OF EXCELLENCE PROVIDES MOLDING AND ANALYTICAL SUPPORT FOR THE POLYMERS INDUSTRY THROUGH ITS LAB SERVICES AND INJECTION MOLDING FACILITY. ANALYTICAL SUPPORT INCLUDES BASIC ANALYSIS OF THE POLYMER, FLOW PROPERTIES, ADDITIVE IDENTIFICATION AND PHYSICAL PROPERTIES. TOTAL NUMBER OF PARTICPANTS IS APPROXIMATELY 150.
- DIRECTORY OF COMPANIES IN NC AND SC. REFERRAL BY POLYMERS CENTER TO COMPANIES IN THE REGION. ASSIST CLIENTS IN FINDING RESOURCES. PROVIDE APPLIED RESEARCH FOR THE INDUSTRY.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-2126490
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2000
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $5,987,045
- Income (IRS master file)
- $2,210,025
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,210,025 | $2,413,155 | $5,987,045 | XML |
| 990 | June 2024 | $2,075,002 | $2,128,554 | $4,474,882 | XML |
| 990 | June 2023 | $2,270,594 | $1,967,705 | $4,634,201 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2126490).
Questions about POLYMERS CENTER OF EXCELLENCE INC
- What is the EIN of POLYMERS CENTER OF EXCELLENCE INC?
- The employer identification number (EIN) of POLYMERS CENTER OF EXCELLENCE INC is 56-2126490.
- Is POLYMERS CENTER OF EXCELLENCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2000.
- Are donations to POLYMERS CENTER OF EXCELLENCE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does POLYMERS CENTER OF EXCELLENCE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of POLYMERS CENTER OF EXCELLENCE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did POLYMERS CENTER OF EXCELLENCE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of POLYMERS CENTER OF EXCELLENCE INC?
- The 990 for the year ended June 30, 2025 names THOMAS MCHOUELL.
- Who are the officers and directors of POLYMERS CENTER OF EXCELLENCE INC?
- The 990 for the year ended June 30, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does POLYMERS CENTER OF EXCELLENCE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,210,025, expenses of $2,413,155 and total assets of $5,987,045 at year end.
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All nonprofits in CHARLOTTE · North Carolina · Community improvement and capacity building