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Polymers Center Of Excellence Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562126490 ✦ Charlotte, NC ✦ Designated as a 501(c)(6)

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Overview

What is Polymers Center Of Excellence Inc?

Polymers Center of Excellence Inc, located in Charlotte, North Carolina, is a nonprofit organization dedicated to continuing education and technical support within the plastics processing industry. They offer comprehensive training programs in both extrusion and injection molding, serving approximately 600 students annually. This is accomplished through various platforms, including their own facilities, customer plants, and community colleges. The organization's mission is to empower professionals in this field, ensuring they remain equipped with the latest techniques and advancements in plastics processing. With a team of nine individuals, Polymers Center of Excellence Inc strives to contribute to the industry's growth and development.


Official website here: www.polymers-center.org

Is Polymers Center Of Excellence Inc legitimate?

Polymers Center Of Excellence Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Polymers Center Of Excellence Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $607,238

For more financial information, click here


Official website here: www.polymers-center.org

What is the mission statement of Polymers Center Of Excellence Inc?

The Polymers Center of Excellence Inc is committed to providing continuing education and technical support to the plastics processing industry. This mission is carried out through various training programs in both extrusion and injection molding, offered at the organization's facilities, customer's plant sites, and community colleges. Approximately six hundred students benefit from these educational initiatives each year.


Official website here: www.polymers-center.org

Who is the CEO of Polymers Center Of Excellence Inc?

Philip S Shoemaker is the Board Member of Polymers Center Of Excellence Inc.


Official website here: www.polymers-center.org

What is the revenue of Polymers Center Of Excellence Inc?

Polymers Center Of Excellence Inc's revenue in 2023 was $2,270,594.


Official website here: www.polymers-center.org

Who are the executives of Polymers Center Of Excellence Inc and what are their salaries?

The average compensation at Polymers Center Of Excellence Inc during 2023 was $67,471. There are 9 employees at Polymers Center Of Excellence Inc.


Here are 16 key members and their salaries:


H L Reese (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Mintz (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Raquet (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Edge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Murphy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Peterson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Draheim (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lilian Hsiao (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ammondson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Chambers (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Hartman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gretchen Carson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walt Bassett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monika Gneuss (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven North (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Shoemaker (Executive Director)
  • Compensation: $171,168
  • Related: $0
  • Other: $0


Official website here: www.polymers-center.org

Where can I find the form 990 for Polymers Center Of Excellence Inc?

Polymers Center Of Excellence Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.polymers-center.org

Learn more at the official website: www.polymers-center.org

Mission Statement of Polymers Center Of Excellence Inc

Polymers Center of Excellence Inc is dedicated to providing ongoing education and technical support to the plastics processing industry. Their mission is to equip industry professionals with the necessary skills and knowledge to excel in their respective roles. They achieve this by offering training programs in both extrusion and injection molding, which are delivered at their facilities, customer plant sites, and community colleges. Approximately six hundred students benefit from these programs annually.

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Impact




October, 2024

Polymers Center Of Excellence Inc plays a crucial role in enhancing the skills and technical knowledge of the plastics processing industry. By offering specialized training programs in extrusion and injection molding, the center serves approximately 600 students annually, equipping them with the expertise needed to advance their careers and improve operational efficiencies in their workplaces.

The center conducts training both at its facilities in Charlotte, NC, and directly at customer plant sites, as well as at community colleges. This approach not only fosters a skilled workforce but also strengthens industry standards, promoting innovation and best practices across the sector. By focusing on continuing education and technical support, Polymers Center Of Excellence Inc is instrumental in driving community improvement and ensuring the plastics processing industry remains competitive and sustainable.




This information is meant to be a general summary of Polymers Center Of Excellence Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,270,594 (2023)
Expenses
$1,967,705 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $1,770,788
  • Gross Receipts: $2,270,594

Assets and Liabilities:

  • Total Assets: $4,634,201
  • Total Liabilities: $1,447,631
  • Net Assets: $3,186,570

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EXTRUSION REVENUE

Revenue

$868,116

TESTING REVENUE

Revenue

$499,364

OTHER REVENUES

Revenue

$354,118

TRAINING REVENUE

Revenue

$49,190

Organization Details

Founding Year

1998

Principal Officer

Philip S Shoemaker

Main Address

8900 RESEARCH DRIVE, CHARLOTTE, NC, 28262

NTEE Category

Code: S41 - Community improvement

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