2024-11-08T13:52:44-06:00 2023-12-31 363856676 KUTCHINS ROBBINS & DIAMOND LTD 1051 PERIMETER DR 9TH FLOOR SCHAUMBURG IL 60173 990 2023-01-01 363784945 THE AED FOUNDATION INC AEDF 6305740650 650 E ALGONQUIN ROAD SUITE 305 SCHAUMBURG IL 60173 BRIAN MCGUIRE PRESIDENT 6305740650 2024-11-08 1 0 CHAD PORTER P01058119 8472401040 2024-11-08 2023 2024-10-15 13:58:12Z BRIAN MCGUIRE 650 E ALGONQUIN ROAD SUITE 305 SCHAUMBURG IL 60173 4756065 0 X AEDFOUNDATION.ORG X 1991 IL THE AED FOUNDATION ENHANCES THE SUCCESS OF AED MEMBER COMPANIES BY ENCOURAGING CONTINUOUS LEARNING, PROVIDING EDUCATIONAL OPPORTUNITIES FOR TODAY'S EMPLOYEES AND IMPROVING THE QUANTITY AND QUALITY OF AVAILABLE EMPLOYEES FOR THE FUTURE. 22 22 0 22 0 0 3304021 3306495 526138 757705 87524 75504 208078 198965 4125761 4338669 147268 31711 0 0 689779 865176 0 0 0 691120 1043591 1528167 1940478 2597594 2398191 6931539 9698761 237348 284172 6694191 9414589 X THE AED FOUNDATION ENHANCES THE SUCCESS OF AED MEMBER COMPANIES BY ENCOURAGING CONTINUOUS LEARNING, PROVIDING EDUCATIONAL OPPORTUNITIES FOR TODAY'S EMPLOYEES AND IMPROVING THE QUANTITY AND QUALITY OF AVAILABLE EMPLOYEES FOR THE FUTURE. 0 0 279546 470632 THE AED FOUNDATION PROVIDED MANAGEMENT LEVEL EDUCATIONAL SEMINARS AND WEBINARS FOR INDUSTRY EMPLOYEES TO IMPROVE THEIR PROFESSIONAL SKILLS AND LEADERSHIP ABILITIES IN AREAS INCLUDING SALES, RENTAL, CUSTOMER MANAGEMENT, FINANCE, PARTS, SERVICE, PRODUCT SUPPORT, HUMAN RESOURCES AND BRANCH MANAGEMENT. INDEPENDENT STUDY PROGRAM - THE INDEPENDENT STUDY PROGRAM IS A FUNCTION OF PROFESSIONAL EDUCATION AND IS A MEANS OF EDUCATING MANAGERS WITHOUT REQUIRING THEM TO LEAVE THE OFFICE OR HOME. SEVENTEEN AVAILABLE COURSE MODULES OFFER INDUSTRY-SPECIFIC MANAGEMENT EDUCATION IN PEOPLE MANAGEMENT AND SKILLS, SALES & CUSTOMER MANAGEMENT, AND THE FUNCTIONAL AREAS OF: PARTS, SERVICE, FINANCE AND RENTAL. 755746 31711 287073 IMAGE BUILDING - IMAGE BUILDING IS A FUNCTION OF WORKFORCE DEVELOPMENT AND INCLUDES THE AEDCAREERS.COM STUDENT RECRUITMENT WEBSITE, RECRUITMENT TOOLS OFFERED TO DEALERS ON AEDWORKFORCE.COM, AND INTER-ORGANIZATIONAL COALITIONS GEARED TOWARD INCREASING AWARENESS AND INTEREST IN CONSTRUCTION RELATED CAREERS. TEAM FORMATION & SUPPORT - TEAM FORMATION & SUPPORT IS ALSO A FUNCTION OF WORKFORCE DEVELOPMENT AND INCLUDES AED ACCREDITATION OF POST-SECONDARY COLLEGE ACADEMIC PROGRAMS IN EQUIPMENT TECHNOLOGY, RECOGNITION OF OTHER POST-SECONDARY TECHNICAL PROGRAMS VIA THE AED RECOGNIZED <STATE> EDUCATION ALLIANCE PROGRAM, AED RECOGNITION OF HIGH SCHOOL TECHNICAL PROGRAMS, AND PROMOTING LOCAL DEALER ENGAGEMENT IN LOCAL WORKFORCE DEVELOPMENT INITIATIVES. THESE PROGRAMS ARE SERVICES AND DO NOT GENERATE INCOME TO THE FOUNDATION, EXCEPT IN THE CASES OF SCHOOL ACCREDITATION AND THE EDUCATION ALLIANCE, WHERE A NOMINAL APPLICATION FEE IS REQUIRED TO HELP DEFRAY ADMINISTRATIVE COSTS. THE FOUNDATION CONTINUES TO STRESS THE IMPORTANCE OF WORKFORCE DEVELOPMENT PROJECTS, INCREASING THE VISIBILTIY OF INDUSTRY RELATED CAREERS THROUGH TWO WEBSITES: AEDWORKFORCE.COM AND AEDCAREERS.COM. TECHNICIAN JOB APPLICANTS AND DEALER WORKFORCE RECRUITMENT TOOLS ARE MADE AVAILABLE FOR LOCAL DEALER INITIATIVES ON AEDWORKFORCE.COM. AEDCAREERS.COM PROVIDES STUDENTS WITH THE OPPORTUNITY TO THOROUGHLY EXPLORE THE DEALER EQUIPMENT TECHNICIAN CAREER OPPORTUNITY. 1035292 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 15 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X FANY NIEVES 6305740650 650 E ALGONQUIN ROAD SUITE 305 SCHAUMBURG IL 60173 TIMOTHY J WATTERS CHAIRMAN 5.00 X X 0 0 0 DIANE BENCK VICE CHAIR 5.00 X X 0 0 0 DARREN GRAHSL TREASURER 5.00 X X 0 0 0 JEFFREY SCOTT PAST CHAIRMAN 5.00 X 0 0 0 JERRY DONLON AED REPRESENTATIVE 5.00 X X 0 0 0 MICHAEL BRENNAN DIRECTOR 5.00 X 0 0 0 WHIT PERRYMAN DIRECTOR 5.00 X 0 0 0 SCOTT YOUNG DIRECTOR 5.00 X 0 0 0 MICHAEL W JOHNSON DIRECTOR 5.00 X 0 0 0 KENNY BISHOP DIRECTOR 5.00 X 0 0 0 ADAM GILBERTSON DIRECTOR 5.00 X 0 0 0 DAN FITZPATRICK DIRECTOR 5.00 X 0 0 0 BUCK BAIRD DIRECTOR 5.00 X 0 0 0 JONATHAN BERRY DIRECTOR 5.00 X 0 0 0 JOEL DIMARCO DIRECTOR 5.00 X 0 0 0 TERRYL LINDSEY DIRECTOR 5.00 X 0 0 0 JOHN SOMERS DIRECTOR 5.00 X 0 0 0 KRISTIN GIRARD DIRECTOR 5.00 X 0 0 0 JIM HERON DIRECTOR 5.00 X 0 0 0 BILL CHIMLEY DIRECTOR 5.00 X 0 0 0 JONATHAN SHILLING DIRECTOR 5.00 X 0 0 0 JIM KESSLER DIRECTOR 5.00 X 0 0 0 BRIAN MCGUIRE PRESIDENT 0.00 X 0 0 0 ROBERT HENDERSON EMERITUS 40.00 X 0 170359 0 0 170359 0 0 0 1 0 0 3306495 3306495 EDUCATIONAL PROGRAMS 611430 470632 470632 ASSESSMENTS 611430 270380 270380 ACCREDITATIONS 611430 16693 16693 757705 99595 99595 229873 253964 -24091 -24091 -24091 361609 163432 198177 198177 MISCELLANEOUS 900099 788 788 788 4338669 758493 0 273681 X 31711 31711 170359 153323 17036 546693 180848 365845 28895 13466 15429 59660 59660 59569 27762 31807 5702 5702 24000 24000 18683 18683 293708 293708 2920 2920 22513 8444 14069 108697 108697 56640 56640 93509 93509 216008 216008 1680 1680 14494 14494 WORKFORCE DEVELOPMENT 104677 104677 BANK FEES 31250 31250 BAD DEBTS 26165 26165 TELEPHONE 14040 14040 8905 2425 6480 1940478 1035292 905186 0 1116554 2455479 146991 1065310 2342637 2299108 68863 22585 15045 224986 224986 1680 0 2662214 3122924 682407 628503 6931539 9698761 26348 15172 211000 269000 237348 284172 X 3881599 7034392 2812592 2380197 6694191 9414589 6931539 9698761 2398191 322207 0 X 0 1 X 1 0 X 445051 572890 643970 3304021 3306495 8272427 656837 567115 1612865 876098 1119314 4832229 8185 788 8973 1101888 1140005 2256835 4188304 4426597 13113629 12500 12500 730142 730142 12500 730142 742642 12370987 89039 76331 83270 87524 99595 435759 89039 76331 83270 87524 99595 435759 1190927 1216336 2340105 4275828 4526192 13549388 0.91300 0.96010 0.03220 0.03860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1682408 176703 1859111 1978159 -295751 1682408 1779384 198775 1978159 1661146 118238 1779384 1461412 199734 1661146 1.00000 0 0 224986 224986 0 0 DUE FROM AFFILIATE 614491 DEPOSITS 14012 628503 GALA 334109 334109 163422 SUMMIT 27500 27500 361609 361609 163422 163422 198187 1 SCHOLARSHIPS 3 31711 PART I, LINE 2: THE FOUNDATION IS IN CONTACT WITH RECIPIENTS' SCHOOLS TO ENSURE FUNDS ARE UTILIZED FOR INTENDED PURPOSES. FOR SCHOLARSHIPS, SUBMISSION OF STUDENT GRADE TRANSCRIPTS ARE REQUIRED. 1 X X X X X 0 0 0 0 0 0 0 0 0 ROBERT HENDERSON EMERITUS 0 167864 0 2495 0 0 0 0 0 0 0 170359 0 0 FORM 990, PART VI, SECTION B, LINE 11B IN ORDER TO PROVIDE EACH BOARD MEMBER AN OPPORTUNITY TO REVIEW THE 990 BEFORE FILING, A DRAFT COPY OF THE COMPLETED FORM 990 IS SENT TO EACH MEMBER VIA EMAIL. THE 990 WILL NOT BE FILED UNTIL THE BOARD HAS HAD SUFFICIENT TIME TO COMPLETE THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY HAS BEEN IMPLEMENTED. ON AN ANNUAL BASIS, THE POLICY WILL BE DISTRIBUTED TO ALL BOARD MEMBERS WITH INSTRUCTIONS TO INFORM MANAGEMENT OF ANY INTERESTS THAT MAY GIVE RISE TO A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR AND ENTIRE STAFF IS EMPLOYED BY ASSOCIATED EQUIPMENT DISTRIBUTORS (AED), A RELATED ENTITY. THE AED EXECUTIVE COMMITTEE REVIEWS NON-PROFIT PAYROLL DATA IN DETERMINING THE ORGANIZATION'S EXECUTIVE DIRECTOR'S COMPENSATION. ALL OTHER WAGES ARE OVERSEEN BY AED'S MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 293,708. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 293,708. ASSOCIATED EQUIPMENT DISTRIBUTORS 650 E ALGONQUIN RD SUITE 305 SCHAUMBURG IL 60173 362098486 TRADE ASSN IL 501(C)(6) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 ASSOCIATED EQUIPMENT DISTRIBUTORS O 321759 WAGES BY HOURS WORKED ASSOCIATED EQUIPMENT DISTRIBUTORS P 395293 COST ASSOCIATED EQUIPMENT DISTRIBUTORS C 300000 COST