2024-05-13T16:14:10-05:00 2023-12-31 391453055 VRAKAS SC 445 SOUTH MOORLAND RD SUITE 400 BROOKFIELD WI 53005 990 2023-01-01 391287182 SPECIALTY TOOLS AND FASTENERS DISTRIBUTORS ASSOCIATION INC SPEC 2627844774 PO BOX 44 ELM GROVE WI 531220044 GEORGIA FOLEY CEO 2627844774 2024-05-03 1 GEORGIA FOLEY 999009999 1 MARY ELLEN MICHAELSON P00748764 2627970400 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z GEORGIA FOLEY PO BOX 44 ELM GROVE WI 531220044 2229778 0 X WWW.STAFDA.ORG X 1976 WI THE ORGANIZATION IS AN EDUCATIONAL ASSOCIATION TO HELP ITS MEMBERS BUSINESSES. THE ORGANIZATION OFFERS A SERIES OF TRAINING MANUALS AND MONTHLY WEBINARS. EDUCATIONAL PROGRAMMING: WEBINARS, BOOKS. ANNUAL CONVENTION AND TRADE SHOW; LEGISLATIVE NETWORKING ON SMALL BUSINESS ISSUES. 858 858 5 0 0 0 0 0 1942406 1999425 58895 62734 204080 167619 2205381 2229778 7245 7961 0 0 586920 706849 0 0 0 2600786 3258462 3194951 3973272 -989570 -1743494 6838799 5095383 0 0 6838799 5095383 TO FOSTER EDUCATION AND GROWTH OF ITS MEMBERS AND THE ASSOCIATION FOR THE BETTERMENT OF THE INDUSTRY. 0 0 THE ASSOCIATION'S OBJECTIVE IS TO FOSTER & ADVANCE THE INDUSTRY, ENCOURAGE LEGAL & ETHICAL, BUSINESS RELATIONS WITHIN THE INDUSTRY, TO COLLECT & DISSEMINATE INDUSTRY INFORMATION TO ITS MEMBERS AND TO EXERT ITS BEST EFFORTS TOWARD THE DEVELOPMENT OF MORE EFFECTIVE, EFFICIENT AND ECONOMICAL DISTRIBUTION. IN LATE NOVEMBER 2023, REGISTRATION OPENED FOR A 2.5 DAY MANAGEMENT SCHOOL IN NASHVILLE, MARCH 12-14, 2024. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 5 1 0 0 0 0 0 0 0 0 X 858 858 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 0 1 1 0 X GEORGIA FOLEY STAFDA 2627844774 PO BOX 44 ELM GROVE WI 531220044 ALLAN GUTHRIE PRESIDENT, PAST-PRESIDENT, DIRECTOR 0.20 X 0 0 0 MARCOS GUTIERREZ DIRECTOR 0.20 X 0 0 0 ANDREW HARTMAN DIRECTOR & VICE-PRESIDENT 0.20 X 0 0 0 HARRY KLASSEN VICE-PRESIDENT & PRESIDENT 0.20 X 0 0 0 RAND OKEMURA DIRECTOR 0.20 X 0 0 0 PHIL CERMINARO DIRECTOR 0.20 X 0 0 0 MARIA POLIDORO DIRECTOR 0.20 X 0 0 0 DAVID MILNE DIRECTOR 0.20 X 0 0 0 ERIKA SCHERMAN DIRECTOR 0.20 X 0 0 0 GEORGIA H FOLEY CEO 50.00 X 364454 0 54080 CATHERINE P USHER MEMBER SERVICES DIRECTOR 40.00 X 135152 0 25253 499606 0 79333 2 0 1 0 0 CONVENTIONS & MEET 900099 1319025 1319025 MEMBERSHIP DUES 900099 680400 680400 1999425 62734 62734 SERVICE INCOME 900099 114872 114872 EID REGISTRATION FEE 900099 31125 31125 EDUCATIONAL MATERIAL 900099 21140 21140 482 482 167619 2229778 1999425 0 230353 7961 585337 52680 35784 33048 14017 64923 39822 23969 55135 20511 2284584 SETTLEMENTS 383108 MISCELLANEOUS 125066 POSTAGE 86419 PRINTING 78687 82221 3973272 297335 323954 6532489 4757029 14400 168668 168668 0 0 8975 0 6838799 5095383 0 0 X 6838799 5095383 6838799 5095383 6838799 5095383 X -1743494 78 X 0 1 X 0 0 0 0 0 680400 39944 39944 0 128724 128724 0 0 X 2229856 0 2229856 -78 -78 2229778 3973272 0 3973272 0 3973272 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS RELATED TO UNRELATED BUSINESS ACTIVITIES, IF ANY, AND AS SUCH, BELIEVES IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: ASSOCIATION EDUCATION ALLIANCE PARTNERSHIP PASSTHOUGH -78. 1 SCHOLARSHIPS TO UNIVERSITY OF INNOVATIVE DISTRIBUTION 5 7961 SCHEDULE I, PART III, LINE 1 PAYMENTS FOR SCHOLARSHIPS ARE PAID DIRECTLY TO ASSOCIATION EDUCATION ALLIANCE FOR THIS TRAINING IN THE DISTRIBUTOR AND MEDICAL FIELDS. X X X 0 0 0 GEORGIA H FOLEY CEO 364454 0 0 0 0 0 32801 0 21279 0 418534 0 0 0 CATHERINE P USHER MEMBER SERVICES DIRECTOR 135152 0 0 0 0 0 12164 0 13089 0 160405 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOCUMENTS THE MEETINGS HELD DURING THE YEAR BY THE GOVERNING BODY, BUT DOES NOT DOCUMENT MEETINGS HELD BY COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT REVIEWS THE FINANCIAL STATEMENTS ON A MONTHLY BASIS. THE BOARD OF DIRECTORS RECEIVE QUARTERLY FINANCIALS FROM THE CEO, AND THEY REVIEW AUDITED STATEMENTS DURING THE SUMMER BOARD MEETING (HELD IN JUNE). THE ORGANIZATION DOES NOT PROVIDE A COMPLETE COPY OF THE FORM 990 TO ALL MEMBERS OF ITS GOVERNING BODY BEFORE FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF THE BOARD'S FISCAL RESPONSIBILITY AND A REVIEW OF CONFLICT OF INTERESTS ARE ALWAYS INCLUDED IN THE JUNE AND NOVEMBER BOARD BOOKS FOR A REVIEW AT THE MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 KEY THE CURRENT PRESIDENT, VICE-PRESIDENT, AND IMMEDIATE PAST PRESIDENT REVIEW ASSOCIATION BENCHMARKING COMPENSATION REPORTS ISSUED BY THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (ASAE), AND THE GOALS THE REVIEW COMMITTEE SET FOR THE CEO. THE THREE INDIVIDUALS HAVE A CONFERENCE CALL AND DISCUSS THEIR RESULTS WITH THE CEO PRIOR TO THE NOVEMBER BOARD MEETING. THEIR FINDINGS ARE PRESENTED TO THE BOARD AT THE NOVEMBER MEETING FOR DISCUSSION AND APPROVAL. CEO'S COMPENSATION SET WITH EMPLOYMENT CONTRACT FOR NEXT 5 YEARS, WITH ONLY VARIABLE BEING A BONUS BASED ON ESTABLISHED CRITERIA. KEY EMPLOYEE COMPENSATION IS REVIEWED BY THE CURRENT CEO ALONG WITH INDUSTRY STANDARDS AND INFLATION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST - THE REQUESTOR CAN REVIEW THE DOCUMENTS AT THE STAFDA OFFICE IN ELM GROVE. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC GEORGIA H. FOLEY - P.O. BOX 44, ELM GROVE, WI 53122. CATHERINE P. USHER - P.O. BOX 44, ELM GROVE, WI 53122. ALLAN GUTHRIE - 4611 S 96TH ST STE 200, OMAHA, NE 68127. MARCOS GUTIERREZ - 16250 NW 52ND AVE, MIAMI GARDENS, FL 33014. ANDREW HARTMAN - 93 MAYVIEW RD, CANONSBURG, PA 15317. HARRY KLASSEN - 42 SCOTT ST, ST. CATHARINES, ONTARIO, CANADA. RAND OKEMURA - 1626 REPUBLICAN ST, HONOLULU, HI 96819. PHIL CERMINARO - 5717 SALMEN ST, NEW ORLEANS, LA 70123. MARIA POLIDORO - 2201 WANTAGH AVE, WANTAGH, NY 11793. FORM 990, PART XI, LINE 9: ASSOCIATION EDUCATION ALLIANCE PARTNERSHIP PASSTHROUGH 78. FORM 990 ASSOCIATION EDUCATION ALLIANCE K-1 12/31/23 1/1/23 BEGINNING TAX BASIS 78 ORDINARY BUSINESS INCOME/LOSS (78) CONTRIBUTION 0 INTEREST INCOME 0 OTHER INCOME 0 OTHER INCREASES 0 ------ 12/31/23 ENDING TAX BASIS 0 ====== 2023 WAS THE FINAL YEAR THAT SPECIALTY TOOLS AND FASTENERS DISTRIBUTORS ASSOCIATION INC HAD OWNERSHIP OF ASSOCIATION EDUCATION ALLIANCE. THEY RECEIVED A FINAL K-1 IN 2023. FORM 990, PART VI, SECTION A, LINE 6: THE ORGANIZATION HAS A BOARD OF DIRECTORS. FORM 990, PART XI, LINE 9 TAX LOSS FROM ASSOCIATION EDUCATION ALLIANCE PARTNERSHIP PASSTHROUGH.