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Nonprofit · EIN 34-0639124

PRECISION METAL FORMING ASSOCIATION

Tax-exempt · INDEPENDENCE, OH 44131

Financials

$7.6M$7.7M2024
Revenue Expenses · by fiscal year end
Financials of PRECISION METAL FORMING ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$7,608,317$7,705,448-$97,131$19,013,946$3,697,958$15,315,988
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$73,934
Program service revenue
$6,665,820
Investment income
$639,900
Royalties
$28,006
Net rental income
$143,321
Net gain from sales of assets
$424,395
Other revenue
$228,663

Expenses

Grants and similar amounts paid
$64,550
Compensation of officers, directors and key employees
$825,546
Salaries, compensation and benefits (total)
$3,383,918
Professional fundraising fees
$0
Legal fees
$112,095
Accounting fees
$33,447
Occupancy
$216,200
Travel
$295,773
Depreciation
$305,084

Balance sheet and other

Total assets, start of year
$18,975,164
Total assets, end of year
$19,013,946
Total liabilities, end of year
$3,697,958
Net assets, end of year
$15,315,988
Land, buildings and equipment
$4,659,448
Publicly traded securities
$8,720,330
Net assets without donor restrictions
$15,315,988
Gross receipts
$9,786,162
Employees
37
Volunteers
200
Year formed
1942
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DAVID KLOTZPRESIDENT
Trustee or director, Officer
40$534,045$26,711
MARK GETSAYCFO
Officer
40$234,391$9,026
MICHAEL VOHLANDPUBLISHER
Highest-paid employee
40$194,266$7,637
BRADLEY KUVINEDITORIAL DIRECTOR
Highest-paid employee
40$165,248$15,672
WILLIAM KOPPES IIIIT DIRECTOR
Highest-paid employee
40$111,353$19,344
DOUGLAS TROUTEXHIBITION SALES MANAGER
Highest-paid employee
40$106,230$18,970
MARK FORTUNAMEMBERSHIP DIRECTOR
Highest-paid employee
40$117,286$4,747
GENE LAMBERTVICE CHAIR & TREASURER
Trustee or director, Officer
1$0$0
GREGG BOUCHERCHAIR
Trustee or director, Officer
1$0$0
RICH WAGYASSOCIATE MEMBER
Trustee or director
1$0$0
JEFF AZNAVORIANIMMEDIATE PAST CHAIR
Trustee or director
1$0$0
BRIAN MURPHYASSOCIATE MEMBER
Trustee or director
1$0$0
PETER BODIMFG MEMBER
Trustee or director
1$0$0
SCOTT WENDELBURGMFG MEMBER
Trustee or director
1$0$0
CHRIS ZUZICKMFG MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
6363 OAK TREE BLVD, INDEPENDENCE, OH 44131-2556
In care of
% WILLIAM GASKIN
Principal officer (990 for 2024)
MARK GETSAY, 6363 OAK TREE BLVD, INDEPENDENCE, OH 44131
Signed the 990
MARK GETSAY, CFO
Phone
(216) 901-8800
Return prepared by
MALONEY NOVOTNY LLC

Mission

TO REPRESENT THE METALFORMING INDUSTRY AND LEAD INNOVATIVE COMPANIES TOWARD SUPERIOR COMPETITIVENESS AND PROFITABILITY.

990 for the year ended March 31, 2025

Program accomplishments

  • CO-SPONSOR OF THE ANNUAL FABTECH EXHIBITION, THE LARGESTMETALFORMING, FABRICATING, WELDING AND METAL FINISHING TRADESHOWIN NORTH AMERICA. PROVIDE LEARNING OPPORTUNITIES INCLUDINGTECHNICAL EDUCATION TO THE METALFORMING AND FABRICATING INDUSTRIESTHROUGH SEMINARS, WEBINARS, ROUNDTABLES AND SIGNATURE EVENTSTARGETING SENIOR AND MIDDLE MANAGEMENT ALONG WITH SALES ANDTECHNICAL/ENGINEERING PERSONNEL.
  • DELIVER MEMBERSHIP SERVICES, PRODUCTS AND PUBLICATION SUCH ASSAFETY INFORMATION, DISTRICT NETWORKING AND TECHNICAL MEETINGS IN16 GEOGRAPHICAL REGIONS AND IN SEVERAL METALFORMING TECHNOLOGYAREAS, INCLUDING METAL STAMPING, DEEP DRAW, HIGH SPEED STAMPING,PRECISION SHEET METAL FABRICATING, METAL SPINNING, SLIDE FORMINGAND ROLL FORMING TECHNOLOGIES, ALONG WITH INDUSTRY BENCHMARKINGDATA, FINANCIAL REPORTS AND WAGE/FRINGE BENEFIT REPORTS. DEVELOPAND DELIVER TECHNICAL TRAINING IN CORE METALFORMING TECHNOLOGIESTO HELP WITH WORKFORCE TRAINING AND DEVELOPMENT.
  • REPRESENT THE METALFORMING INDUSTRY IN REGULATORY AND LEGISLATIVEMATTERS IMPACTING MANUFACTURERS OF METAL PARTS, ASSEMBLIES ANDCOMPONENTS PRIMARILY AT THE FEDERAL LEVEL. PROMOTE THE USE OFSKILL STANDARDS AND ENVIRONMENTALLY SOUND, EFFICIENT AND SAFEWORKPLACES TO HELP THE INDUSTRY COMPETE IN THE GLOBAL MARKETPLACE.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
34-0639124
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1946
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$19,013,946
Income (IRS master file)
$9,786,162

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025–––IRS
990March 2024$7,434,816$7,109,764$18,975,164IRS
990March 2023$6,814,130$6,771,057$17,675,812IRS
990March 2022$5,690,425$5,848,947$18,164,960IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS
990March 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about PRECISION METAL FORMING ASSOCIATION

What is the EIN of PRECISION METAL FORMING ASSOCIATION?
The employer identification number (EIN) of PRECISION METAL FORMING ASSOCIATION is 34-0639124.
Is PRECISION METAL FORMING ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1946.
Are donations to PRECISION METAL FORMING ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PRECISION METAL FORMING ASSOCIATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PRECISION METAL FORMING ASSOCIATION due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PRECISION METAL FORMING ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of PRECISION METAL FORMING ASSOCIATION?
The 990 for the year ended March 31, 2025 names MARK GETSAY.
Who are the officers and directors of PRECISION METAL FORMING ASSOCIATION?
The 990 for the year ended March 31, 2025 lists 15 people; 7 received compensation from the organization, the highest $534,045 (DAVID KLOTZ, PRESIDENT).
How much revenue does PRECISION METAL FORMING ASSOCIATION have?
On its 990 for the year ended March 31, 2025 it reported revenue of $7,608,317, expenses of $7,705,448 and total assets of $19,013,946 at year end.

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