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Nonprofit · EIN 36-2098486

ASSOCIATED EQUIPMENT DISTRIBUTORS

Tax-exempt · SCHAUMBURG, IL 60173

Financials

$7.1M$6.2M2023$8.2M$7.4M2024
Revenue Expenses · by fiscal year end
Financials of ASSOCIATED EQUIPMENT DISTRIBUTORS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,217,901$7,390,740$827,161$14,909,584$6,464,533$8,445,051
December 31, 2023990$7,126,914$6,206,473$920,441$13,373,512$6,332,147$7,041,365
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$7,709,275
Investment income
$361,431
Royalties
$137,664
Other revenue
$147,195

Expenses

Grants and similar amounts paid
$500,000
Compensation of officers, directors and key employees
$1,270,502
Other salaries and wages
$833,337
Salaries, compensation and benefits (total)
$2,421,543
Professional fundraising fees
$0
Legal fees
$182,363
Accounting fees
$109,800
Occupancy
$86,671
Travel
$475,801
Depreciation
$26,207

Balance sheet and other

Total assets, start of year
$13,373,512
Total assets, end of year
$14,909,584
Total liabilities, end of year
$6,464,533
Net assets, end of year
$8,445,051
Land, buildings and equipment
$98,437
Publicly traded securities
$10,359,507
Net assets without donor restrictions
$8,445,051
Gross unrelated business income
$411,393
Gross receipts
$8,217,901
Employees
29
Volunteers
22
Year formed
1956
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
Brian P McGuirePresident & CEO
Trustee or director, Officer
50$452,291$25,500
Jonathan CruthersVP of Sales
Key employee
50$307,859$0
Daniel FisherVP of Gov't Affairs
Key employee
50$303,620$0
Robert HendersonEVP
Key employee
45$181,232$0
Michael KondrathAssociate VP of Sales
Highest-paid employee
50$178,625$0
Elizabeth McCabeVP of Operations
Highest-paid employee
50$145,913$0
Michael DexterVP of Canadian Engagement
Highest-paid employee
50$119,699$0
Scott McPhersonVP of Member Engagement
Highest-paid employee
50$100,186$0
John ShearerChair
Trustee or director, Officer
5$0$0
Jerry DonlonFirst Vice Chair
Trustee or director, Officer
5$0$0
Marshall AndersonSecond Vice Chair
Trustee or director, Officer
5$0$0
Dave PrimroseVice Chair of Canada
Trustee or director, Officer
5$0$0
Diane BenckChair - AED Foundation
Trustee or director, Officer
5$0$0
Paul FarrellVice Chair of Finance
Trustee or director, Officer
5$0$0
Tommy BallVice Chair of Membership
Trustee or director, Officer
5$0$0
15 more people on this return
NameTitleHours / weekCompensation
Whit PerrymanVice Chair of Political Action
Trustee or director, Officer
5$0
Matt IorioPast Chair
Trustee or director, Officer
5$0
Don PartridgeAt-Large Director
Trustee or director
5$0
Peter BurwellAt-Large Director
Trustee or director
5$0
DeLene Martin BaneAt-Large Director
Trustee or director
5$0
Bob BruckenAt-Large Director
Trustee or director
5$0
Russell SheafferAt-Large Director
Trustee or director
5$0
Michael ParadisAt-Large Director
Trustee or director
5$0
Jeff SchwarzRegional Director
Trustee or director
5$0
Michael RugeroniRegional Director
Trustee or director
5$0
Derek DicksRegional Director
Trustee or director
5$0
Meredith NewmanRegional Director
Trustee or director
5$0
Earl MarshallRegional Director
Trustee or director
5$0
Ryan CorrelliRegional Director
Trustee or director
5$0
Craig BurkertRegional Director
Trustee or director
5$0
990 for the year ended December 31, 2023: 27 people
NameTitleHours / weekCompensationOther / benefits
BRIAN P MCGUIREPRESIDENT & CEO
Trustee or director, Officer
50$438,783$3,266
DANIEL B FISHERVP OF GOVT AFFAIRS
Key employee
50$293,637$15,130
JON CRUTHERSVP OF SALES
Key employee
50$256,924$9,093
ROBERT HENDERSONEVP & COO
Key employee
50$170,359$0
MICHAEL KONDRATHASSOC VP OF SALES
Highest-paid employee
50$147,315$3,619
MATT DI IORIOCHAIRMAN
Trustee or director, Officer
5$0$0
JOHN SHEARERSR VICE CHAIRMAN
Trustee or director, Officer
5$0$0
JERRY DONLON2ND VICE CHAIRMAIN
Trustee or director, Officer
5$0$0
DAVE PRIMROSEVICE CHAIRMAN
Trustee or director, Officer
5$0$0
TIM WATTERSCHAIRMAN AED FOUNNDTION
Trustee or director, Officer
5$0$0
STEVE MEADOWSVP OF FINANCE
Trustee or director, Officer
5$0$0
MICHAEL VAZQUEZVP OF MEMBERSHIP
Trustee or director, Officer
5$0$0
WES STOWERSVP POLITICAL ACTION
Trustee or director, Officer
5$0$0
MICHAEL PARADISAT LARGE DIRECTOR
Trustee or director
5$0$0
DON PARTRIDGEAT LARGE DIRECTOR
Trustee or director
5$0$0
MARSHALL ANDERSONAT LARGE DIRECTOR
Trustee or director
5$0$0
DELENE MARTIN BANEAT LARGE DIRECTOR
Trustee or director
5$0$0
PAUL FARRELLAT LARGE DIRECTOR
Trustee or director
5$0$0
EARL MARSHALLREGIONAL DIRECTOR
Trustee or director
5$0$0
KELLY EMERYREGIONAL DIRECTOR
Trustee or director
5$0$0
JEFF SCHWARZREGIONAL DIRECTOR
Trustee or director
5$0$0
DEREK DICKSREGIONAL DIRECTOR
Trustee or director
5$0$0
OLIVER NACHEVSKIREGIONAL DIRECTOR
Trustee or director
5$0$0
TOMMY BALLREGIONAL DIRECTOR
Trustee or director
5$0$0
MEREDITH NEWMANREGIONAL DIRECTOR
Trustee or director
5$0$0
KEN TAYLORPAST CHAIRMAN
Trustee or director, Officer
5$0$0
RUSSELL SHEAFFERAT LARGE DIRECTOR
Trustee or director
5$0$0

Address and contacts

Address (IRS master file)
650 E ALGONQUIN RD, SCHAUMBURG, IL 60173-3846
Principal officer (990 for 2024)
Brian P McGuire, 650 E Algonquin Road 305, Schaumburg, IL 60173
Signed the 990
Brian P McGuire, President & CEO
Phone
(630) 574-0650
Website
aednet.org
Return prepared by
Aprio Advisory Group LLC

Mission

AED is an international trade association representing companies involved in the distribution, rental and support of equipment used in construction, mining, forestry, power generation, agriculture and industrial applications. We enhance the ongoing success and profitability of our member companies and related constituencies by creating and providing high quality products, services and information.

990 for the year ended December 31, 2024

Program accomplishments

  • The Annual Meeting is conducted as an educational and networking service for members of the association. Over a four-day period, the annual meeting provides unique services for employees of the organization's member firms. During the convention, the participants can take advantage of the approximately 25 hours of educational programming and an equal number of hours for networking with peers.
  • The Executive Forum brings together the equipment industry's top executives and experts to discuss trends and issues that are shaping the future of equipment distribution. The forum provides participating executives with management concepts directly applicable to the success of their business, an unparalleled opportunity to delve into challenging issues with industry leaders, actionable strategies for the issues they are facing and valuable networking and consultative opportunities with both speakers and fellow participants.
  • The association provides a variety of published materials which are aimed at helping member companies understand contemporary management issues in order to operate their businesses more effectively. Often the published services (manuals, workbooks, special reports, newsletters, etc.) Are the results of surveys or dedicated research on management issues such as sales, product support, safety, etc.
  • The dues charged to member companies provide the major source of support that enables the organization to provide educational activities and business services for the members. The dues are charged to members according to their respective annual sales and are the main source of funds needed to continue operating the annual meeting, publish, industry handbooks and special reports on current business 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
36-2098486
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)
$14,909,584
Income (IRS master file)
$8,217,901

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,217,901$7,390,740$14,909,584IRS
990December 2023$7,126,914$6,206,473$13,373,512XML
990December 2022$6,804,764$6,338,108$10,821,764IRS
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 36-2098486).

Questions about ASSOCIATED EQUIPMENT DISTRIBUTORS

What is the EIN of ASSOCIATED EQUIPMENT DISTRIBUTORS?
The employer identification number (EIN) of ASSOCIATED EQUIPMENT DISTRIBUTORS is 36-2098486.
Is ASSOCIATED EQUIPMENT DISTRIBUTORS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1943.
Are donations to ASSOCIATED EQUIPMENT DISTRIBUTORS tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ASSOCIATED EQUIPMENT DISTRIBUTORS 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 ASSOCIATED EQUIPMENT DISTRIBUTORS 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 ASSOCIATED EQUIPMENT DISTRIBUTORS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ASSOCIATED EQUIPMENT DISTRIBUTORS?
The 990 for the year ended December 31, 2024 names Brian P McGuire.
Who are the officers and directors of ASSOCIATED EQUIPMENT DISTRIBUTORS?
The 990 for the year ended December 31, 2024 lists 30 people; 8 received compensation from the organization, the highest $452,291 (Brian P McGuire, President & CEO).
How much revenue does ASSOCIATED EQUIPMENT DISTRIBUTORS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,217,901, expenses of $7,390,740 and total assets of $14,909,584 at year end.

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