2024-11-12T10:35:37-06:00 2023-12-31 363770541 DENNIS SAVIANO CPA PC 787 INDUSTRIAL DRIVE ELMHURST IL 601261130 990 2023-01-01 363035148 MID-WEST FASTENER ASSOCIATION MID- 8474388338 PO BOX 255 PARK RIDGE IL 60068 NANCY RICH EXECUTIVE DIRECTOR 8474388338 2024-11-12 1 0 P00064355 8478701040 2023 2024-10-15 13:58:12Z X NANCY RICH PO BOX 5 LAKE ZURICH IL 60047 424766 0 X WWW.MWFA.NET X 1946 IL TRADE SERVICE ORGANIZATION FOR FASTENER INDUSTRY IN THE MIDWEST AREA 9 9 0 0 16765 0 0 0 300434 325955 0 0 24951 35318 325385 361273 0 0 0 0 86236 152096 0 0 0 159955 241652 246191 393748 79194 -32475 516879 495868 0 0 516879 495868 X THE MID-WEST FASTENER ASSOCIATION'S (MWFA) PURPOSE IS TO SERVE AND PROMOTE THE FASTENER INDUSTRY AND THE EVER CHANGING NEEDS OF ITS MEMBERSHIP. SPECIFICALLY, THE MWFA IS DEDICATED TO REPRESENTING ALL SEGMENTS OF THE INDUSTRY; MANUFACTURERS, DISTRIBUTORS, IMPORTERS AND SUPPLIERS TO THE INDUSTRY. 0 0 CONFERENCES AND MEETINGS PROVIDE MEMBERS THE OPPORTUNITY TO DISCUSS INDUSTRY MATTERS AND TO PROMOTE PRODUCTS AND SERVICES OF THE FASTENER INDUSTRY SEMINARS AND EDUCATION COURSES PROVIDE KNOWLEDGE AND SKILLS OF THE FASTENER INDUSTRY TO MEMBERS AND EDUCATE THOSE ATTENDING THE COURSES CONCERNING NEW PRODUCTS AND SERVICES RELATED TO THE ASSOCIATIONS EXEMPT ACTIVITIES. TRADE SHOWS ALLOW MEMBERS TO PROMOTE THE PRODUCTS THEY SELL. 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 IL X EXECUTIVE DIRECTOR 8474388338 PO BOX 5 LAKE ZURICH IL PARK RIDGE IL 60047 JAKE DAVIS PRESIDENT 2.00 X X 0 0 0 BOB BAER TREASURER 2.00 X X 0 0 0 JILL LEWIS VICE PRESIDENT 2.00 X X 0 0 0 NANCY RICH EXECUTIVE DIRECTOR 30.00 X X 0 96000 0 BOBBY WEGNER SECRETARY 2.00 X X 0 0 0 0 96000 0 0 0 0 0 0 FASTENER SHOW 611430 141735 141735 MEMBERSHIP DUES 611430 83887 83887 MEMBERSHIP MEETINGS 611430 65720 65720 SCHOLARSHIP INCOME 611430 34613 34613 325955 77006 63493 13513 13513 ADVERTISING 541800 16765 16765 FASTENER FAIR FIC 611430 5000 5000 DONATIONS SCHOLARSHIPS 611430 40 40 21805 361273 330995 16765 13513 X 96000 45000 10943 153 1875 4102 2251 FASTENER SHOW EXPENSE 59724 SCHOLARSHIPS EXPENSE 38915 GENERAL MEETING/FASTENE 36530 EDUCATION EXPENSE 27272 70983 393748 119012 95208 397867 400660 516879 495868 0 0 X 0 0 0 0 516879 495868 516879 495868 516879 495868 X -32475 11464 X 0 0 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION DOES HAVE MEMBERS FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS DO ELECT FELLOW MEMBERS TO REPRESENT THEM ON THE BOARD FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE BYLAWS REQUIRE APPROVAL BY TWO THIRDS OF THE MEMBERS PRESENT AT THE MEETING. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN OUTSIDE CPA, REVIEWED BY THE EXECUTIVE DIRECTOR, THEN GIVEN TO A BOARD MEMBER FOR FURTHER REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, CONLICT OF INTEREST POLICY STATEMENTS ARE SIGNED BY OFFICERS AND DIRECTORS WHICH ARE THEN PERIODICALLY REVIEWED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS COMPARABILITY DATA IN DETERMINING THE EXECUTIVE DIRECTORS ANNUAL SALARY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E MEMBERSHIP EXPENSE 23,033. NEWSLETTER EXPENSE 13,422. SERVICE CHARGE 10,006. INSURANCE 6,793. ACCRUAL TO CASH ADJUSTMENTS 5,732. BOARD EXPENSE 4,587. PHONE 3,329. INTERNET/WEBSITE 2,822. DONATIONS 1,506. RECONICLIATION DISCREPENCIES -247. FORM 990, PART XI, LINE 9: ACCURAL TO CASH ADJUSTMENTS 11,464.