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Nonprofit · EIN 36-1804560

TECHNOLOGY AND MANUFACTURING ASSOCIATION

Tax-exempt · SCHAUMBURG, IL 60173

Financials

$2.9M$3.2M2023$3.3M$3.7M2024
Revenue Expenses · by fiscal year end
Financials of TECHNOLOGY AND MANUFACTURING ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,347,335$3,651,409-$304,074$3,525,343$1,554,768$1,970,575
December 31, 2023990$2,945,752$3,163,998-$218,246$3,221,565$955,024$2,266,541
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$507,205
of which government grants
$490,000
Program service revenue
$2,376,823
Investment income
$40,361
Royalties
$60,375
Net rental income
$800
Other revenue
$422,946

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$402,521
Other salaries and wages
$935,796
Salaries, compensation and benefits (total)
$1,603,254
Professional fundraising fees
$0
Legal fees
$44
Accounting fees
$184,500
Occupancy
$2,100
Travel
$76,405
Depreciation
$93,718
Program services (functional)
$2,352,187
Management and general (functional)
$1,299,222

Balance sheet and other

Total assets, start of year
$3,221,565
Total assets, end of year
$3,525,343
Total liabilities, end of year
$1,554,768
Net assets, end of year
$1,970,575
Land, buildings and equipment
$1,336,972
Publicly traded securities
$781,354
Net assets without donor restrictions
$1,970,575
Gross unrelated business income
$333,750
Gross receipts
$3,347,335
Employees
50
Volunteers
14
Year formed
1948
State of legal domicile
IL

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PATRICK J OSBORNEPRESIDENT & sec
Trustee or director, Officer
40$210,433$22,195
DENNIS LACOMBEXEC. VICE PRESIDENT40$155,260$14,633
ISSAC FLEXDIRECTOR40$145,829$16,788
JACQUES KRIKORIANSENIOR DIRECTOR40$115,674$5,433
NICOLE WOLTERPAST CHAIR
Trustee or director
1$0$0
CRAIG ZOBERISvice chairman
Trustee or director, Officer
1$0$0
BOB CLIFFORDTreasurer
Trustee or director, Officer
1$0$0
SHIV SIVAKUMARTreasurer
Trustee or director
1$0$0
GEORGE GATTOchair
Trustee or director, Officer
1$0$0
LYNN DREISILKERDirector
Trustee or director
1$0$0
MATT EGGEMEYERDirector
Trustee or director
1$0$0
LARRY SPELMANDirector
Trustee or director
1$0$0
DAVID KARBINDirector
Trustee or director
1$0$0
MIKE MAGLIANODirector
Trustee or director
1$0$0
ALTHEA MOTTLDirector
Trustee or director
1$0$0
2 more people on this return
NameTitleHours / weekCompensation
TOM SCHROEDERDirector
Trustee or director
1$0
DEB SOMMERSDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
PATRICK J OSBORNEPRESIDENT & sec
Trustee or director, Officer
40$195,398$20,062
DENNIS LACOMBEXEC. VICE PRESIDENT40$149,850$12,971
ISSAC FLEXDIRECTOR40$131,772$1,391
JACQUES KRIKORIANSENIOR DIRECTOR40$118,861$4,465
TOM SIMEONEPAST CHAIR
Trustee or director
1$0$0
CRAIG ZOBERISvice chairman
Trustee or director, Officer
1$0$0
BOB CLIFFORDTreasurer
Trustee or director, Officer
1$0$0
SHIV SIVAKUMARDirector
Trustee or director
1$0$0
NICOLE WOLTERchair
Trustee or director, Officer
1$0$0
LYNN DREISILKERDirector
Trustee or director
1$0$0
MATT EGGEMEYERDirector
Trustee or director
1$0$0
JOE BETTINARDIDirector
Trustee or director
1$0$0
DAVID KARBINDirector
Trustee or director
1$0$0
MIKE MAGLIANODirector
Trustee or director
1$0$0
ALTHEA MOTTLDirector
Trustee or director
1$0$0
MIKE WALTERDirector
Trustee or director
1$0$0
DEB SOMMERSDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1651 WILKENING RD, SCHAUMBURG, IL 60173-5323
Signed the 990
PATRICK J OSBORNE, PRESIDENT & Secr.
Phone
(847) 849-5334
Return prepared by
Costabile & Steffens PC

Mission

The technology and manufacturing association ("TMA") is a non-profit organization of precision manufacturing and supplier companies in the greater chicago area. tma supports the manufacturing industry by providing educational opportunities.

990 for the year ended December 31, 2024

Program accomplishments

  • the association provides its members with workforce and 401(k) administrative services such as human relations consulting, comprehensive labor law audit services, unemployment insurance administration, and internet job portal services specifically targeted for manufacturing industry.
    Expenses $2,352,187
  • the association also provides its members with education and training opportunities in areas relating to the manufacturing industry. the association provides needs assessment and program development consultations, seminars and courses, apprentice training related theory instructions, school of design classes, computer labs, hands-on the association also hosts a number of events that provide the members with press room training, sales training and consulting, workplace training and national institute for metalworking skills assessments. other programs include publication of the tma bulletin which provides members with insight on tma and industry developments.
  • the association also hosts a number of events that provide members with educational, training, marketing and networking opportunities to increase skills and further their knowledge of the industry. the association also holds its annual meeting which provides members with a forum for discussion of latest developments and industry issues.

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-1804560
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1943
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,525,343
Income (IRS master file)
$3,347,335

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,347,335$3,651,409$3,525,343XML
990December 2023$2,945,752$3,163,998$3,221,565XML
990December 2022$2,574,462$2,709,278$3,500,911IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 36-1804560).

Questions about TECHNOLOGY AND MANUFACTURING ASSOCIATION

What is the EIN of TECHNOLOGY AND MANUFACTURING ASSOCIATION?
The employer identification number (EIN) of TECHNOLOGY AND MANUFACTURING ASSOCIATION is 36-1804560.
Is TECHNOLOGY AND MANUFACTURING ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1943.
Are donations to TECHNOLOGY AND MANUFACTURING ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TECHNOLOGY AND MANUFACTURING 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 TECHNOLOGY AND MANUFACTURING ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TECHNOLOGY AND MANUFACTURING ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of TECHNOLOGY AND MANUFACTURING ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 17 people; 4 received compensation from the organization, the highest $210,433 (PATRICK J OSBORNE, PRESIDENT & sec).
How much revenue does TECHNOLOGY AND MANUFACTURING ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,347,335, expenses of $3,651,409 and total assets of $3,525,343 at year end.

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