FLEXIBLE PACKAGING ASSOCIATION

EIN: 340737529

ANNAPOLIS, MD

Total Revenue
$4,222,810
Total Expenses
$4,234,889
Total Assets
$2,809,038
Net Assets
$1,641,786
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
IL
Principal Officer
ALISON KEANE
Phone
4106940800
Tax Period
2023-01-01 to 2023-12-31

FLEXIBLE PACKAGING ASSOCIATION, founded in 1950, is a community nonprofit that reported $4.2M in total revenue in fiscal year 2023.

Mission

TO SERVE FLEXIBLE PACKAGING CONVERTERS AND SUPPLIERS TO THE INDUSTRY BY REPRESENTING THEIR INTERESTS TO GOVERNMENT, PROVIDING NETWORKING OPPORTUNITIES, PROMOTING THE VALUE OF THEIR PRODUCTS, EDUCATING THROUGH INDUSTRY SPECIFIC PROGRAMS, AND PROVIDING INDUSTRY DATA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,174,787
Investment Income $3,576
Other Revenue $44,447
TOTAL REVENUE $4,222,810

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,151,039
Fundraising Expenses $0
Other Expenses $3,083,850
TOTAL EXPENSES $4,234,889

Year-over-Year Comparison

2023 2022 Change
Revenue $4,222,810 $4,012,645 +0.1%
Expenses $4,234,889 $3,996,281 +0.1%
Net Income $-12,079 $16,364 -1.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
29
Independent Members
29
Employees
9
Volunteers
165

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
11
$432,963
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM JACKSON CHAIRPERSON 1.00
Officer Director
$0 $0 $0
KATHY BOLHOUS PAST CHAIRPERSON DIRECTOR 1.00
Officer Director
$0 $0 $0
GUENTHER HERING TREASURER 1.00
Officer Director
$0 $0 $0
CURT BEGLE EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
STAN BIKULEGE EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
DHUANNE DODRILL EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
RUSSELL GRISSETT EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
KEVIN KENEALLY EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
DAVID LOVE EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
EVAN ARNOLD DIRECTOR 1.00
Officer Director
$0 $0 $0
TODD BECKER DIRECTOR 1.00
Director
$0 $0 $0
SEAN BOWIE DIRECTOR 1.00
Director
$0 $0 $0
JARRED CARTER DIRECTOR 1.00
Director
$0 $0 $0
LAURA CLARK DIRECTOR 1.00
Director
$0 $0 $0
SACHIN DESAI DIRECTOR 1.00
Director
$0 $0 $0
KEN FONTAINE DIRECTOR 1.00
Director
$0 $0 $0
MARK FORMAN DIRECTOR 1.00
Director
$0 $0 $0
RITIKA KALIA DIRECTOR 1.00
Director
$0 $0 $0
KEVIN KELLY DIRECTOR 1.00
Director
$0 $0 $0
NICKI KERRIGAN DIRECTOR 1.00
Director
$0 $0 $0
JEFF KOCH DIRECTOR 1.00
Director
$0 $0 $0
AMY MOORE DIRECTOR 1.00
Director
$0 $0 $0
THOMAS MORIN DIRECTOR 1.00
Director
$0 $0 $0
JOE MOYNIHAN DIRECTOR 1.00
Director
$0 $0 $0
CHRIS PARRILLI DIRECTOR 1.00
Director
$0 $0 $0
GEOFF PETERS DIRECTOR 1.00
Director
$0 $0 $0
DAVID NUNES DIRECTOR 1.00
Director
$0 $0 $0
KRISTIN THOMAS-MARTIN DIRECTOR 1.00
Director
$0 $0 $0
ANDREW WHEELER DIRECTOR 1.00
Director
$0 $0 $0
ALISON KEANE PRESIDENT AND SECRETARY 40.00
Officer
$369,885 $63,078 $432,963
DANIELLE DIEHLMANN VP OF COMMUNICATIONS 40.00
Highest
$113,236 $28,527 $141,763
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
2024 No data No data No data No data
2023 $4,222,810 $4,234,889 $2,809,038 $-12,079
2022 $4,012,645 $3,996,281 $2,623,542 $16,364
2021 $3,901,908 $5,154,238 $2,325,457 $-1,252,330
2020 $3,823,972 $4,422,802 $3,456,565 $-598,830
2019 $3,655,361 $3,354,270 $3,711,366 $301,091
2018 $3,371,300 $3,262,610 $3,208,132 $108,690
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