2024-11-15T18:24:35+00:00 2023-12-31 440160260 Forvis Mazars LLP 1410 Spring Hill Road Suite 500 Tysons VA 22102 990 2023-01-01 202683139 The Cold Finished Steel Bar Institute NFP COLD 2023428400 3050 K ST NW 400 WASHINGTON DC 20007 CASEY BOUTON CHAIRMAN 2023428400 2024-11-16 true LaKrisha Castleberry P01677333 7039700400 2024-11-16 2023 2024-10-15 13:58:12Z CASEY BOUTON 3050 K ST NW 400 WASHINGTON DC 20007 110500 false X WWW.CFSBI.COM X 2004 IL PROMOTE AND ENCOURAGE BENEFICIAL AND USEFUL GROWTH AND DEVELOPMENT OF THE COLD FINISHED STEEL BAR INDUSTRY AND TO FOSTER, AMONG THE PUBLIC, THE GOVERNMENT, MEMBERS OF THE INDUSTRY AND MAJOR USER GROUPS, AN AWARENESS AND RECOGNITION OF MATTERS AND CONDITIONS OF IMPORTANCE TO OR AFFECTING THE INDUSTRY. 13 13 0 4 0 0 0 0 101500 110500 0 0 0 0 101500 110500 0 0 0 0 0 0 0 0 0 168042 154591 168042 154591 -66542 -44091 94682 50591 0 0 94682 50591 THE CFSBI PROMOTES THE GROWTH OF THE COLD FINISHED STEEL BAR INDUSTRY AND FOSTERS AN AWARENESS OF MATTERS AFFECTING THE INDUSTRY'S BUSINESS PROSPECTS WITH SPECIAL ATTENTION TO LEGISLATIVE, REGULATORY AND TRADE CONCERNS. THE CFSBI MAINTAINS AN ACTIVE LIAISON WITH OTHER TRADE DESCRIPTION OF ORGANIZATION MISSION: ASSOCIATIONS ON ITS MEMBERS' BEHALF. THE INSTITUTE PROVIDES MEMBERS AND ASSOCIATE MEMBERS WITH THE INDUSTRY-SPECIFIC TOOLS NECESSARY TO MAKE PRUDENT BUSINESS DECISIONS AND OPERATE MORE PRODUCTIVELY AND PROFITABLY. false false GOVERNMENT AFFAIRS; IDENTIFY REGULATIONS AND LEGISLATION HAVING POTENTIAL IMPACT ON INDUSTRY; INTERPRET THE EFFECT ON COLD FINISHED STEEL BAR PRODUCERS; ASSIST MEMBERS IN BRINGING PROCESSES & PRACTICES IN COMPLIANCE. PROMOTE AND ENCOURAGE BENEFICIAL AND USEFUL GROWTH AND DEVELOPMENT OF THE COLD FINISHED STEEL BAR INDUSTRY AND TO FOSTER, AMONG THE PUBLIC, THE GOVERNMENT, MEMBERS OF THE INDUSTRY AND MAJOR USER GROUPS, AN AWARENESS AND RECOGNITION OF MATTERS AND CONDITIONS OF IMPORTANCE TO OR AFFECTING THE INDUSTRY. 0 false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 2 0 true 0 false false false false true true false false false X 13 13 false false false false true true true true true false false false false false false false false false IL X THE INSTITUTE 2023428400 3050 K ST NW 400 WASHINGTON DC 20007 X ANTHONY J VERKRUYSE SECRETARY/TREASURER 1.0 X X 0 0 0 Dennis Hanser Vice Chairman 1.0 X X 0 0 0 EILEEN BRADNER CHAIR OF GOVERNMENT AFFAIR 1.0 X X 0 0 0 Michael Salamon Chairman 3.0 X X 0 0 0 Casey Bouton Board Member 1.0 X 0 0 0 DAVE NELSON BOARD MEMBER 1.0 X 0 0 0 Jeff Hoerr BOARD MEMBER 1.0 X 0 0 0 Marc-Andre Guay BOARD MEMBER 1.0 X 0 0 0 Peggy Christensen BOARD MEMBER 1.0 X 0 0 0 Robin Rose BOARD MEMBER 1.0 X 0 0 0 STEPHEN SMITH BOARD MEMBER 1.0 X 0 0 0 Vern Abel BOARD MEMBER 1.0 X 0 0 0 William Marsh BOARD MEMBER 1.0 X 0 0 0 0 0 0 0 false false false Kelly Drye & Warren LLP 3050 K St NW Suite 400 Washington DC 20007 LEGAL SERVICES 148066 1 0 MEMBERSHIP ASSESSMENTS 900099 110500 110500 0 0 0 0 110500 0 0 0 0 0 0 0 0 0 110500 110500 0 0 148066 2650 0 3383 BANK FEES 492 0 154591 94682 50591 0 0 0 0 0 0 0 0 0 0 0 0 94682 50591 0 0 0 0 0 0 X 94682 50591 94682 50591 94682 50591 -44091 0 X false false false false false true 110500 21066 34633 55699 17349 38350 0 Form 990, Part VI, Line 6 Classes of members or stockholders REGULAR MEMBER - ANY SOLE PROPRIETORSHIP, PARTNERSHIP, LIMITED LIABILITY COMPANY, CORPORATION, OR OTHER ENTITY, OR THE RECEIVER OR TRUSTEE OF SUCH AN ENTITY, ENGAGED IN THE BUSINESS OF PRODUCING (PRIMARILY IN NORTH AMERICA) COLD FINISHED STEEL BAR SHALL BE ELIGIBLE TO BE A REGULAR MEMBER IN THE CORPORATION. ASSOCIATE MEMBER - ANY SOLE PROPRIETORSHIP, PARTNERSHIP, LIMITED LIABILITY COMPANY, CORPORATION, OR OTHER ENTITY, OR THE RECEIVER OR TRUSTEE OF SUCH AN ENTITY, ENGAGED IN THE BUSINESS OF PRODUCING SPECIAL QUALITY HOT ROLLED STEEL BARS INTENDED FOR COLD DRAWING BY PRODUCERS (PRIMARILY IN NORTH AMERICA) OF COLD FINISHED STEEL BARS, SHALL BE ELIGIBLE TO BE AN ASSOCIATE MEMBER IN THE CORPORATION. AFFILIATE MEMBER - ANY SOLE PROPRIETORSHIP, PARTNERSHIP, LIMITED LIABILITY COMPANY, CORPORATION, OR OTHER ENTITY, OR THE RECEIVER OR TRUSTEE OF SUCH AN ENTITY, ENGAGED IN THE BUSINESS IN NORTH AMERICA OF THE MANUFACTURE OR SALE OF COLD DRAWING DIES, OILS AND LUBRICANTS, OR MACHINES FOR CONTINUOUS DRAWING (COIL TO STRAIGHT LENGTH), BENCH OPERATIONS (STRAIGHT LENGTH TO STRAIGHT LENGTH), CENTERLESS GRINDING, TURNING, MECHANICAL DESCALING, SAWING (BAR ONLY), SHEARING (BAR ONLY), STRAIGHTENING (BAR ONLY), MATERIAL HANDLING (BAR ONLY), OR CHAMFERING OF COLD FINISHED STEEL BARS SHALL BE ELIGIBLE TO BE AN AFFILIATE MEMBER IN THE CORPORATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body REGULAR MEMBERS HAVING VOTING RIGHTS, WHILE ASSOCIATE AND AFFILIATE MEMBERS ARE NOT ENTITLED TO VOTE AT ANY MEETING OF REGULAR MEMBERS, BOARD OF DIRECTORS, OR OF ANY OTHER COMMITTEE OF THE CORPORATION. THE PRINCIPAL OFFICERS (CHAIRMAN, VICE CHAIRMAN AND SECRETARY-TREASURER) OF THE CORPORATION SHALL BE ELECTED AT THE ANNUAL MEETING OF THE CORPORATION. THE REGULAR MEMBERS MAY APPOINT SUCH OFFICERS, IN ADDITION TO THE PRINCIPAL OFFICERS, INCLUDING ONE OR MORE ASSISTANT SECRETARY TREASURER OR AN EXECUTIVE SECRETARY, AND SUCH AGENTS AND EMPLOYEES AS THE REGULAR MEMBERS MAY DEEM NECESSARY OR ADVISABLE BY VOTE AT AN ANNUAL OR SPECIAL MEETING. THE BOARD OF DIRECTORS SHALL CONSIST OF THE CHAIRMAN OF THE CORPORATION AND ACCREDITED REPRESENTATIVES OF TWO OTHER REGULAR MEMBERS. THE MEMBERS OF THE BOARD OF DIRECTORS SHALL BE ELECTED BY THE REGULAR MEMBERS AT THE ANNUAL MEETING OF REGULAR MEMBERS FOR A ONE-YEAR TERM OR UNTIL THEIR RESPECTIVE SUCCESSORS ARE ELECTED AND QUALIFIED OR UNTIL THEY SHALL RESIGN OR ARE REMOVED BY THE VOTE OF THE REGULAR MEMBERS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders WHILE THE INSTITUTE IS OPERATED BY ITS BOARD OF DIRECTORS, COMPRISED OF ACCREDITED REPRESENTATIVES OF EACH REGULAR MEMBER, DAY-TO-DAY ACTIVITIES ARE CONDUCTED THROUGH A SERIES OF COMMITTEES AND TASK FORCES IN WHICH ALL MEMBER COMPANIES MAY PARTICIPATE. THE "HANDS-ON" INVOLVEMENT OF MEMBERS IN ISSUES RELATING TO THE INDUSTRY HAS BEEN A PIVOTAL REASON FOR THE EFFECTIVENESS OF CFSBI. Form 990, Part VI, Line 11b Review of form 990 by governing body A DRAFT OF THE FORM 990 IS REVIEWED BY THE SENIOR ACCOUNTANT AND SECRETARY/TREASURER PRIOR TO FILING. THE FORM 990 IS AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW. THE FORM 990 IS AVAILABLE TO ALL BOARD MEMBERS AFTER FILING. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IF AND TO THE EXTENT LEGALLY REQUIRED TO DO SO.