Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
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| Form 990, Part VI, Section A, line 6 | THE VINYL INSTITUTE HAS MEMBER COMPANIES WHO PAY ANNUAL DUES TO THE ASSOCIATION. THESE COMPANIES ARE INVOLVED IN THE MANUFACTURE OF PVC RESIN AND ADDITIVES FOR VINYL PRODUCTS. ANY COMPANY RECOGNIZED AS A LEGAL ENTITY MAY BECOME A MEMBER OF THE INSTITUTE PROVIDED THAT IT FALLS IN ONE OF THE LISTED MEMBERSHIP CLASSES. 1. COMPANY MEMBER: COMPANY MEMBERSHIP SHALL BE OPEN TO ANY COMPANY WITH THE CAPACITY IN THE UNITED STATES TO MANUFACTURE ONE BILLION POUNDS OR MORE OF VINYL CHLORIDE SUSPENSION POLYMERS OR COPOLYMERS. 2. ASSOCIATE MEMBER: ASSOCIATE MEMBERSHIP SHALL BE OPEN TO ANY COMPANY WITH THE CAPACITY IN THE U.S. TO: (1) MANUFACTURE LESS THAN ONE BILLION POUNDS OF VINYL CHLORIDE SUSPENSION POLYMERS OR COPOLYMERS; (2) VINYL CHLORIDE MONOMER; OR (3) VINYL CHLORIDE DISPERSION POLYMER. 3. SUPPLIER MEMBER: SUPPLIER MEMBERSHIP SHALL BE OPEN TO ANY COMPANY THAT MANUFACTURES IN THE U.S. ADJUVANTS OR OTHER RAW MATERIALS USED IN THE MANUFACTURE, COMPOUNDING, OR FABRICATION OF VINYL CHLORIDE POLYMERS, SUCH AS POLYMERIZATION CATALYSTS, PLASTICIZERS, STABILIZERS, LUBRICANTS, FILTERS, PROCESSING AIDS, AND IMPACT MODIFIERS. 4. CONVERTER/FORMULATOR MEMBER: CONVERTER/FORMULATOR MEMBERSHIP SHALL BE OPEN TO ANY COMPANY THAT IN THE U.S.: (1) CONVERTS VINYL-BASED MATERIALS INTO PRODUCTS; OR (2) FORMULATES OR COMPOUNDS VINYL-BASED PRODUCTS. 5. INTERNATIONAL MANUFACTURER MEMBER: INTERNATIONAL MANUFACTURER MEMBERSHIP SHALL BE OPEN TO NON-U.S. MANUFACTURERS OF VINYL CHLORIDE OR VINYL CHLORIDE POLYMERS OR COPOLYMERS. |
| Form 990, Part VI, Section A, line 7a | Each Company, Associate, Supplier, and Converter/Formulator member may appoint a voting representative to the board of directors. |
| Form 990, Part VI, Section B, line 11 | Form 990 was prepared by Vinyl Institute's outside accounting firm and was presented to the President for his review. The Form 990 was also sent to the executive committee for their review prior to filing with the IRS. |
| Form 990, Part VI, Section B, line 12c | ANY DIRECTOR, PRINCIPTAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOAD DELEGATED POWERS WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IN A MATTER IS AN INTERESTED PERSON. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON DISCLOSES THE EXISTENCE OF THE FINANCIAL INTEREST AND IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE EXECUTIVE COMMITTEE AND MEMBERS OF COMMITTEES WITH GOVERNING-BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. IF A CONFLICT OF INTEREST ARISES, THE PRESIDENT ADDRESSES THE CONFLICT WITH THE ADVICE OF LEGAL COUNSEL, TO THE APPROPRIATE RESOLUTION FOR VINYL INSTITUTE. AT THE BEGINNING OF EACH YEAR, THE PRESIDENT PRESENTS THE CONFLICT OF INTEREST POLICY TO THE STAFF OF VINYL INSTITUTE. EACH STAFF MEMBER IS REQUIRED TO REVIEW, SIGN, AND CONFIRM COMPLIANCE WITH THE POLICY. |
| Form 990, Part VI, Section B, line 15a | The President's compensation package was vetted by the executive committee and a search consultant. The deliberation and decision of the review was documented in the President's employment letter. This review process last took place in November 2014. Other key employees are reviewed for performance and salary annually by the President. |
| Form 990, Part VI, Section C, line 19 | Vinyl Institute does not make its governing documents, conflict of interest policy, or financial statements available to the public. |
| Form 990, Part IX, line 11g | TECHNICAL CONSULTING FEE 605,437. DESIGN/NEW SERVICES 244,297. OTHER CONSULTING FEE 88,512. 3RD PARTY ARCHITECT EXPERT 61,404. A&D OUTREACH 43,312. State/Federal Affairs 26,588. |
| Form 990, Part XII, Line 2c: | THERE IS NO CHANGE TO THE AUDIT REVIEW PROCESS FROM THE PRIOR YEAR |
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