2024-07-09T11:49:23-05:00 2023-12-31 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVE STE 500 BETHESDA MD 20814 990 2023-01-01 530218918 AMERICAN GEAR MANUFACTURERS ASSOCIATION AMER 7036840211 1001 N FAIRFAX STREET 500 ALEXANDRIA VA 22314 MATTHEW CROSON PRESIDENT 7036840211 2024-07-03 1 MATTHEW CROSON 999009999 0 DANIEL L WEAVER P01249346 3019860600 2024-07-03 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z MATTHEW CROSON 1001 N FAIRFAX STREET 500 ALEXANDRIA VA 22314 7316172 0 X WWW.AGMA.ORG X 1916 VA AGMA IS THE GLOBAL NETWORK FOR TECHNICAL STANDARDS, EDUCATION, AND BUSINESS INFORMATION FOR MANUFACTURING, SUPPLIERS, AND USERS OF MECHANICAL POWER TRANSMISSION COMPONENTS. 17 17 0 17 1179106 0 1833236 112289 2756055 6295769 -191268 29563 165000 198440 4563023 6636061 0 0 0 0 2712787 2891529 0 0 0 2781610 3912699 5494397 6804228 -931374 -168167 5628628 5134015 2400549 1912904 3228079 3221111 AGMA IS THE GLOBAL NETWORK FOR TECHNICAL STANDARDS, EDUCATION, AND BUSINESS INFORMATION FOR MANUFACTURING, SUPPLIERS, AND USERS OF MECHANICAL POWER TRANSMISSION COMPONENTS. 0 0 AGMA TECHNICAL PROGRAM- AGMA IS THE STANDARDS DEVELOPMENT ORGANIZATION (SDO) FOR AGMA STANDARDS, WHICH INCLUDE 50+ STANDARDS AND 25+ INFORMATION SHEETS. THESE DOCUMENTS ARE USED GLOBALLY FOR THE DESIGN AND MANUFACTURE OF GEAR RELATED PRODUCTS. AGMA EDUCATION- AGMA IS A PRIMARY SUPPLIER OF TECHNICALLY ORIENTED TRAINING AND EDUCATION, WITH MORE THAN 40 CLASSES HELD ANNUALLY FACE-TO-FACE AND ONLINE. MORE THAN 1500 INDIVIDUALS TAKE THESE CLASSES, WHICH ARE IACET ACCREDITED. AGMA MOTION & POWER- AGMA MANAGES AND PRODUCES THE MOTION AND POWER TECHNOLOGY EXPO WHICH IS HELD EVERY OTHER YEAR ON THE ODD YEAR IN DETROIT, MI. THE 200+ EXHIBITOR EVENT DRAWS BETWEEN 3,000 AND 4,000 ATTENDEES THAT COVER THE ENTIRE POWER TRANSMISSION SUPPLY CHAIN. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 21 0 1 0 1 1 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X THE ORGANIZATION 7036840211 1001 N FAIRFAX STREET 500 ALEXANDRIA VA 22314 MICHAEL CINQUEMANI CHAIR 1.00 X X 0 0 0 SARA ZIMMERMAN TREASURER 1.00 1.00 X X 0 0 0 MICHAEL J MCKERNIN BMEC CHAIR 1.00 X X 0 0 0 TODD PRANEIS TDEC CHAIR 1.00 X X 0 0 0 GREGORY M SCHULTE PAST CHAIR 1.00 1.00 X X 0 0 0 RANDY BURDICK DIRECTOR 1.00 X 0 0 0 CRAIG BURRISS DIRECTOR 1.00 X 0 0 0 BRIAN COCLICH DIRECTOR 1.00 X 0 0 0 ADAM GIMPERT DIRECTOR 1.00 X 0 0 0 JOE GORAL DIRECTOR 1.00 X 0 0 0 DAVID HEGENBARTH DIRECTOR 1.00 X 0 0 0 MUSHTAQ JAMAL DIRECTOR 1.00 X 0 0 0 MICHELLE MADDOX DIRECTOR 1.00 X 0 0 0 JOHN J PERROTTI DIRECTOR 1.00 X 0 0 0 ERIC VAN RENS DIRECTOR 1.00 1.00 X 0 0 0 NICOLE M WOLTER DIRECTOR 1.00 X 0 0 0 SCOTT YODERS DIRECTOR 1.00 X 0 0 0 MATTHEW E CROSON PRESIDENT 45.00 X 351392 0 43170 AMIR ABOUTELEB VICE PRESIDENT, TECHNICAL 45.00 X 251728 0 26389 JENNIFER BLACKFORD VP BUSINESS MANAGEMENT DIV 45.00 X 196941 0 27312 WILLIAM STOTT PUBLISHER & EDITOR-IN-CHIEF 45.00 X 144614 0 32511 MARY ELLEN DORAN DIRECTOR, EMERGING TECHNOLOGY 45.00 15.00 X 128078 15000 49937 1072753 15000 179319 5 0 1 0 0 112289 112289 MEMBERSHIP DUES 900099 1944448 1944448 AGMA MEDIA 513130 1179106 1179106 MOTION & POWER EXPO 611430 1149675 1149675 EDUCATION PROGRAMS 611430 822612 822612 TECHNICAL PROGRAMS 541700 442372 442372 757556 757556 6295769 39099 39099 178231 24393 153838 153838 153838 646182 655718 -9536 -9536 -9536 OTHER INCOME 900099 44602 44602 44602 6636061 5161265 1179106 183401 394562 1860156 187694 242448 206669 26648 160853 13601 407086 174501 415030 148963 217307 284180 1208805 300 272730 44365 COMMISSIONS 340429 BANK CHARGES 89675 DUES & SUBSCRIPTIONS 86684 MISCELLANEOUS 12573 8969 6804228 371054 161630 391554 383653 248317 214573 4047095 1502228 2573441 2544867 1374302 1291463 526752 451500 143208 86329 5628628 5134015 195620 373864 2030542 1419754 174387 119286 2400549 1912904 X 3228079 3221111 3228079 3221111 5628628 5134015 -168167 161199 0 X X 0 1 X 1 0 0 1 0 2458225 685401 1772824 783610 269765 513845 505260 369562 135698 300000 177500 122500 2544867 SECURITY DEPOSITS 28770 OPERATING LEASE LIABILITY 85081 FINANCE LEASE LIABILITY 5435 119286 X PART X, LINE 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS INCOME TAX (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS RELATED TO UNCERTAIN TAX POSITIONS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEAR ENDED DECEMBER 31, 2023. THE ORGANIZATION'S POLICY WOULD BE TO RECOGNIZE INTEREST AND PENALTIES, IF ANY, ON TAX POSITIONS RELATED TO ITS UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. NO INTEREST AND PENALTIES WERE ASSESSED OR RECORDED DURING THE YEAR ENDED DECEMBER 31, 2023. X 1 1 X X X X X X 0 0 0 MATTHEW E CROSON PRESIDENT 316242 0 35150 0 0 0 18975 0 24195 0 394562 0 0 0 AMIR ABOUTELEB VICE PRESIDENT, TECHNICAL 251728 0 0 0 0 0 13815 0 12574 0 278117 0 0 0 JENNIFER BLACKFORD VP BUSINESS MANAGEMENT DIV 184941 0 12000 0 0 0 17158 0 10154 0 224253 0 0 0 MARY ELLEN DORAN DIRECTOR, EMERGING TECHNOLOGY 118078 15000 10000 0 0 0 16542 0 33395 0 178015 15000 0 0 WILLIAM STOTT PUBLISHER & EDITOR-IN-CHIEF 138614 0 6000 0 0 0 11338 0 21173 0 177125 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 A NOMINATING COMMITTEE WILL NAME CANDIDATES FOR EACH EXPIRING TERM AND REPORT THIS INFORMATION TO THE BOARD OF DIRECTORS. THE COMMITTEE SHALL INTERVIEW EACH CANDIDATE; OUTLINE THE OBLIGATIONS OF THE OFFICE AND SECURE AGREEMENT TO SERVICE IF ELECTED. THE BALLOT LISTING THE NOMINEES WILL BE DISTRIBUTED TO THE OFFICIAL REPRESENTATIVE OF ALL COMPANY MEMBERS. THE PRESIDENT OF AGMA WILL COUNT THE BALLOTS AND REPORT THE RESULTS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7A THE NOMINATING COMMITTEE SHALL OFFER A COMPLETE SLATE OF CANDIDATES TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS ELECTS OFFICERS TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE CHAIRMAN AND THE TREASURER REVIEWED THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS COMPLETE A NEW CONFLICT OF INTEREST POLICY STATEMENT AT EACH ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWS THE PRESIDENT'S COMPENSATION WITH INFORMATION GATHERED FROM INDUSTRY PUBLICATIONS AND A COMPENSATION CONSULTANT. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGES FROM THE PRIOR YEAR. 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