2025-01-16T08:41:55-06:00 2024-06-30 362996439 WSDD CPAS LTD 303 W MADISON ST SUITE 2075 CHICAGO IL 606063395 990 2023-07-01 366167647 BEARING SPECIALISTS ASSOCIATION BEAR 6308587337 800 ROOSEVELT RD BLDG C-312 GLEN ELLYN IL 601375839 JERILYN CHURCH EXECUTIVE SECRETARY 6308587337 2025-01-16 1 1 ROBERT REHAYEM P00075874 3123326622 2024-12-18 2023 2024-10-15 13:58:12Z JERILYN CHURCH 800 ROOSEVELT RD BLDG C-312 GLEN ELLYN IL 601375839 1138132 0 X WWW.BSAHOME.ORG X 1967 IL BSA IS THE FORUM TO ENHANCE NETWORKING AND KNOWLEDGE SHARING TO PROMOTE THE SALES OF BEARINGS THROUGH AUTHORIZED DISTRIBUTORS. 10 10 0 100 0 0 0 0 949275 1120197 10787 17475 390 460 960452 1138132 0 0 0 0 0 0 0 0 0 994769 1118829 994769 1118829 -34317 19303 460441 456986 119364 96606 341077 360380 BSA IS THE FORUM TO ENHANCE NETWORKING AND KNOWLEDGE SHARING TO PROMOTE THE SALES OF BEARINGS THROUGH AUTHORIZED DISTRIBUTORS. 0 0 MEMBERSHIP CONVENTIONS: ATTENDED BY APPROX. 275 PERSONS; OPEN TO AUTHORIZED DISTRIBUTORS OF BEARING PRODUCTS AND INVITED SUPPLIERS OF THOSE PRODUCTS; EDUCATIONAL SEMINARS ARE HELD; FUTURE PLANS ARE DEVELOPED AND GOALS ARE REVIEWED; PREVIOUS YEARS RESULTS ARE CRITIQUED AND OFFICERS ARE ELECTED. MANAGEMENT REPORT: (STATISTICAL) - ALL RELEVANT SALES DATA ARE COMPILED IN CONFIDENCE BY AN INDEPENDENT CPA FIRM; THE GENERIC RESULTS ARE THEN PRODUCED AND THESE SUMMARIES ARE MADE AVAILABLE TO ALL OF THE MEMBERSHIP; THESE REPORTS ARE ALSO MADE AVAILABLE, AND CAN BE OBTAINED BY ALL OF THE INDUSTRY. EDUCATIONAL SERVICES AND PROGRAMS: THE RELATED COSTS OF LITERATURE WHICH ENCOMPASS BOTH TECHNICAL AND PROMOTIONAL MATERIALS AND ARTICLES; CERTIFICATION EXPENSES ARE ALSO INCLUDED WITHIN THIS CATEGORY. 0 0 0 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 1 1 0 1 1 0 0 1 0 0 1 0 0 0 X THE ORGANIZATION 6308587337 800 ROOSEVELT RD BLDG C-312 GLEN ELLYN IL 601375839 X JASON VASQUEZ PRESIDENT 1.00 X X 0 0 0 JOHN MASEK VICE PRESIDENT 1.00 X X 0 0 0 BENJAMIN NATIONS TREASURER 1.00 X X 0 0 0 JEFF CLOUD DIRECTOR 1.00 X 0 0 0 BEN PADD DIRECTOR 1.00 X 0 0 0 JOE SAVAGE DIRECTOR 1.00 X 0 0 0 SARA BLONDIN DIRECTOR 1.00 X 0 0 0 BENITO RODRIGUEZ DIRECTOR 1.00 X 0 0 0 JP BOUCHARD DIRECTOR 1.00 X 0 0 0 LAUREN LANTER DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 CM SERVICES INC 800 ROOSEVELT RD BLDG C-312 GLEN ELLYN IL 60137 MGMT. & CONV. SERVICES 395872 1 CONVENTIONS AND MEETIN 900099 749931 749931 MEMBER DUES 900099 268558 268558 PRODUCT INFORMATION IN 900099 92083 92083 CERTIFICATION PROGRAM 900099 9625 9625 1120197 17475 17475 OTHER 900099 460 460 460 1138132 1120657 0 17475 235872 20634 7500 5881 8938 721718 3295 PRODUCT INFORMATION EXC 86378 PROJECT EXPENSES 12748 SUBSCRIPTIONS AND OTHER 8944 CERTIFICATION 4921 2000 1118829 152650 87820 211534 244364 2323 41331 93934 83471 460441 456986 20844 49106 98520 47500 119364 96606 X 341077 360380 341077 360380 460441 456986 19303 0 X 0 1 X 0 0 0 1 0 0 X 1138132 0 1138132 0 1138132 1118829 0 1118829 0 1118829 PART X, LINE 2: THE ASSOCIATION QUALIFIES AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ASSOCIATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ASSOCIATION RECOGNIZES THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE ASSOCIATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS BEFORE THE 2021 TAX YEAR. FORM 990, PART VI, SECTION A, LINE 3 CM SERVICES, INC. MANAGES ALL ASPECTS OF THE ORGANIZATION'S OPERATIONS IN ACCORDANCE WITH THE ORGANIZATION'S BYLAWS AND POLICIES. OPERATIONS MAY INCLUDE, BUT ARE NOT LIMITED TO, ADMINISTRATION, MEMBERSHIP, FINANCE AND ACCOUNTING, MEETING PLANNING, EDUCATION, MARKETING, INFORMATION TECHNOLOGY, AND GOVERNMENT RELATIONS. CM SERVICES, INC. EMPLOYEES PROVIDE THESE SERVICES. THE TOTAL PAID FOR MANAGEMENT SERVICES FOR THE FISCAL YEAR WERE $235,872. IN ADDITION TO PROVIDING MANAGEMENT SERVICES, CM SERVICES, INC. PROVIDES STAFF TIME TO THE ASSOCIATION IN SUPPORT OF THE ANNUAL CONVENTION, WHICH IS OUTSIDE THE SCOPE OF THE MANAGEMENT AGREEMENT. STAFF TIME INCURRED FOR THE ANNUAL CONVENTION WAS $160,000 FOR THE FISCAL YEAR. ACCOUNTS PAYABLE AND ACCRUED EXPENSES AT JUNE 30, 2024 INCLUDES $35,702 DUE TO CM SERVICES, INC. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO CLASSES OF MEMBERS, REGULAR MEMBERS AND HONORARY MEMBERS. HONORARY MEMBERS ARE NOT ELIGIBLE TO HOLD OFFICE, BE A DIRECTOR, OR VOTE. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO ALL DIRECTORS FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.