PRODUCT STEWARDSHIP INSTITUTE INC

EIN: 202059607 501(c)(3) Community Improvement

Boston, MA

Total Revenue
$1,185,946
Total Expenses
$1,225,344
Total Assets
$331,537
Net Assets
$-203,268
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Organization Details

Formation Year
2004
Legal Domicile
MA
Principal Officer
Scott Cassel
Phone
6172364855
Tax Period
2024-07-01 to 2025-06-30

PRODUCT STEWARDSHIP INSTITUTE INC, founded in 2004, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2024.

Mission

The Product Stewardship Institute is a policy expert and consulting nonprofit that powers the emerging circular economy to ensure products are responsibly managed from design to end of life. In 2000, PSI pioneered extended producer responsibility (EPR) in the United States by convening diverse stakeholders to build EPR policies and programs. Drawing on global best practices and expansive multinational relationships, our facilitated dialogues, policy models, research, education, and expert testimony have helped enact 150 EPR laws in 34 states and the District of Columbia across 22 product categories, including packaging. Our members include state and local governments in 48 states, and we partner with more than 120 businesses, academic institutions, environmental nonprofits, and international and tribal governments. Together, we advance scalable solutions that protect people and the planet. Join us at www.productstewardship.us.

Program Service Accomplishments

Program 1
Expenses: $770,153 Revenue: $0

PSI staff, board directors, members, and partners continued to advance EPR programs in the fiscal year ending June 30, 2025. PSI staff provided technical support, facilitated stakeholder engagement...

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PSI staff, board directors, members, and partners continued to advance EPR programs in the fiscal year ending June 30, 2025. PSI staff provided technical support, facilitated stakeholder engagement, mediated policy discussions, conducted research, and provided expert testimony that kept our team at the forefront of policy development, capacity building, and education. The results include the enactment of 4 new battery EPR laws in Colorado, Connecticut, Nebraska, and New York, and 2 new packaging EPR laws in Maryland and Washington. PACKAGING: PSI continued to serve as facilitator for the Colorado packaging EPR advisory board, ensuring that all stakeholder groups have ongoing input into the program; in fiscal year 2025 the focus was review and recommendation on the PRO's program plan and an individual program plan. Additionally, PSI launched the Packaging EPR Harmonization Task Force, which convened about 75 stakeholders including producers, regulators, industry associations and the PRO in discussions to develop a model for key elements of packaging EPR that can help make laws more consistent from state to state. In other efforts to help producers navigate compliance with packaging EPR, PSI conducted a five-part webinar series "Preparing Producers for Oregon Packaging EPR" in partnership with Circular Action Alliance and Oregon DEQ. We also collaborated with PARTSLIFE and the Auto Care Association to provide EPR compliance toolkits and two educational webinars to companies in the automotive aftermarket. PSI also conducted several webinars on packaging EPR and held an ongoing national packaging policy workgroup for government members to advance EPR initiatives. BATTERIES, VAPES, HHW, PHARMS, SHARPS: PSI continued to collaborate with Boulder County, Colorado (a PSI member) to advance stakeholder education, infrastructure, and management solutions for vape product waste, a growing environmental concern. PSI also launched similar work in Missouri on vapes, and ran semi-annual campaigns educating the public about safe medicine and medical sharps disposal in Missouri and Oklahoma, directing residents to authorized take-back locations through our GIS map. Additionally, PSI also provided technical support to members developing vapes, HHW, and battery EPR legislation, which resulted in bills introduced in numerous states and battery EPR laws enacted in Colorado, Connecticut, Nebraska, and New York, and introduced in numerous other states. PSI also held monthly strategic policy development calls with government members on battery policy, fostering dialogue and advancing EPR initiatives. EDUCATION AND CAPACITY BUILDING: PSI hosted the 2025 U.S. Product Stewardship Forum in Chicago, Illinois, welcoming nearly 200 attendees from across the country and around the world. The event convened experts from industry, government, and environmental groups to discuss and collaborate on pressing EPR topics. Throughout the year, PSI distributed monthly EPR-focused newsletters and press releases, keeping nearly 14,000 stakeholders informed on major developments in EPR policy. PSI also served as a key resource for journalists, contributing information to dozens of articles on EPR. Additionally, PSI spoke at dozens of conferences, meetings, and webinars on EPR across various waste streams, providing education to policymakers, industry representatives, government officials, environmental groups, and waste and recycling professionals. As PSI looks ahead, the organization remains committed to collaborating with state and local governments, businesses, and environmental organizations to further expand EPR initiatives, drive waste reduction, improve recycling systems, and promote sustainable product design.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $471,958
Program Service Revenue $713,972
Investment Income $16
Other Revenue $0
TOTAL REVENUE $1,185,946

Expense Breakdown

Grants Paid $0
Salaries & Benefits $867,441
Fundraising Expenses $0
Program Expenses $770,153
Other Expenses $357,903
TOTAL EXPENSES $1,225,344

Year-over-Year Comparison

2024 2023 Change
Revenue $1,185,946 $1,223,859 0.0%
Expenses $1,225,344 $1,202,782 +0.0%
Net Income $-39,398 $21,077 -2.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
9
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$208,425
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Scott Cassel Chief Executive Officer 40
Officer
$187,252 $21,173 $208,425
Amanda Nicholson Chief of Operations 40
Highest
$107,396 $10,370 $117,766
Abby Boudouris President 1.25
Officer Director
$0 $0 $0
Tom Metzner Vice President 1.25
Officer Director
$0 $0 $0
Christina Seibert Clerk 1.25
Officer Director
$0 $0 $0
Jennifer Semrau Treasurer 1.25
Officer Director
$0 $0 $0
Mallory Anderson Director 1.25
Director
$0 $0 $0
Seth Hackman Director 1.25
Director
$0 $0 $0
Jennifer Heaton-Jones Director 1.25
Director
$0 $0 $0
Jennifer Holliday Director 1.25
Director
$0 $0 $0
Mia Roethlein Director 1.25
Director
$0 $0 $0
Patrick Riley Director 1.25
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,185,946 $1,225,344 $331,537 $-39,398
2024 $1,223,859 $1,202,782 $222,053 $21,077
2023 $1,184,912 $1,190,739 $197,105 $-5,827
2022 $933,235 $987,166 $160,387 $-53,931
2021 $698,236 $830,978 $293,427 $-132,742
2020 $828,418 $768,139 $281,354 $60,279
2019 $717,182 $828,998 $163,873 $-111,816
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