Nonprofit · EIN 38-1268971
EQUIPMENT AND TOOL INSTITUTE
Tax-exempt · FARMINGTN HLS, MI 48331
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,152,412 | $1,453,083 | -$300,671 | $806,364 | $580,952 | $225,412 |
| December 31, 2023 | 990 (amended) | $953,734 | $1,370,770 | -$417,036 | $1,041,006 | $514,923 | $526,083 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $828,944
- Membership dues
- $828,944
- Program service revenue
- $237,841
- Investment income
- $16,283
- Other revenue
- $69,344
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $345,102
- Other salaries and wages
- $131,414
- Salaries, compensation and benefits (total)
- $576,601
- Professional fundraising fees
- $0
- Legal fees
- $36,140
- Accounting fees
- $13,191
- Occupancy
- $39,710
- Travel
- $59,670
- Depreciation
- $4,663
Balance sheet and other
- Total assets, start of year
- $1,041,006
- Total assets, end of year
- $806,364
- Total liabilities, end of year
- $580,952
- Net assets, end of year
- $225,412
- Land, buildings and equipment
- $18,595
- Gross receipts
- $1,152,412
- Employees
- 4
- Year formed
- 1947
- State of legal domicile
- MI
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brian Plott | Executive Manager Key employee | 50 | $185,798 |
| Greg Potter | Technical Director Key employee | 50 | $159,304 |
| Mike Laferle | Director Trustee or director | 1 | $0 |
| Mike Simon | Director Trustee or director | 1 | $0 |
| Kim Cottle | Director Trustee or director | 1 | $0 |
| Christer Larson | Director Trustee or director | 1 | $0 |
| Chris Chesney | Director Trustee or director | 1 | $0 |
| Brian Herron | Director Trustee or director | 1 | $0 |
| Chris Bowman | Director Trustee or director | 1 | $0 |
| Chuck Olsen | Director Trustee or director | 1 | $0 |
| Robert Vogt | Director Trustee or director | 1 | $0 |
| Bob Augustine | President Officer | 2 | $0 |
| Eri Muca | VP Marketing Officer | 2 | $0 |
| David Rich | Imed Past President Officer | 2 | $0 |
| Chris Bahlman | VP Programs Officer | 2 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carl Evered | Secretary-Treasurer Officer | 2 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brian Plott | Executive Manager Key employee | 50 | $186,305 |
| Greg Potter | Technical Director Key employee | 50 | $161,465 |
| Mike Laferle | Director Trustee or director | 1 | $0 |
| Mike Simon | Director Trustee or director | 1 | $0 |
| Kim Cottle | Director Trustee or director | 1 | $0 |
| Christer Larson | Director Trustee or director | 1 | $0 |
| Chris Chesney | Director Trustee or director | 1 | $0 |
| Brian Herron | Director Trustee or director | 1 | $0 |
| Chris Bowman | Director Trustee or director | 1 | $0 |
| Chuck Olsen | Director Trustee or director | 1 | $0 |
| Robert Vogt | Director Trustee or director | 1 | $0 |
| Bob Augustine | President Officer | 2 | $0 |
| Eri Muca | VP Marketing Officer | 2 | $0 |
| David Rich | Imed Past President Officer | 2 | $0 |
| Chris Bahlman | VP Programs Officer | 2 | $0 |
| Carl Evered | Secretary-Treasurer Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 37899 W 12 MILE RD STE 220, FARMINGTN HLS, MI 48331-3050
- Principal officer (990 for 2024)
- Brian Plott, 37899 W 12 Mile Road Suite 220, Farmington Hills, MI 48331
- Signed the 990
- Brian Plott, Executive Manager
- Phone
- (248) 656-5080
- Website
- www.etools.org
- Return prepared by
- Richard B Ebach CPA PC
Mission
To promote closer relationships among automotive equipment tool manufacturers including technical information providers. To promote information exchange between auto manufacturers and members for the benefit of consumers as well as members.
Program accomplishments
- Organize meetings for members in the auto industry to discuss future designs of automotive systems and technology as they relate to service tools and equipment, and the maintenance or repairs of systems.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 38-1268971
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1948
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $806,364
- Income (IRS master file)
- $1,152,412
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,152,412 | $1,453,083 | $806,364 | IRS |
| 990 | December 2023 | $953,734 | $1,370,770 | $1,041,006 | IRS |
| 990 | December 2022 | $972,580 | $1,212,111 | $1,297,889 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 38-1268971).
Questions about EQUIPMENT AND TOOL INSTITUTE
- What is the EIN of EQUIPMENT AND TOOL INSTITUTE?
- The employer identification number (EIN) of EQUIPMENT AND TOOL INSTITUTE is 38-1268971.
- Is EQUIPMENT AND TOOL INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1948.
- Are donations to EQUIPMENT AND TOOL INSTITUTE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does EQUIPMENT AND TOOL INSTITUTE 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 EQUIPMENT AND TOOL INSTITUTE 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 EQUIPMENT AND TOOL INSTITUTE 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 EQUIPMENT AND TOOL INSTITUTE?
- The 990 for the year ended December 31, 2024 names Brian Plott.
- Who are the officers and directors of EQUIPMENT AND TOOL INSTITUTE?
- The 990 for the year ended December 31, 2024 lists 16 people; 2 received compensation from the organization, the highest $185,798 (Brian Plott, Executive Manager).
- How much revenue does EQUIPMENT AND TOOL INSTITUTE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,152,412, expenses of $1,453,083 and total assets of $806,364 at year end.
Other nonprofits in FARMINGTN HLS
- AGEWAYS NONPROFIT SENIOR SERVICES EIN 38-2729505 · last filed 990 for 2025
- GREENPATH INC EIN 38-6142925 · last filed 990 for 2024
- CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN EIN 38-1628275 · last filed 990 for 2024
- JUDSON CENTER INC EIN 38-1359084 · last filed 990 for 2025
- HILLEL DAY SCHOOL OF METROPOLITAN DETROIT EIN 38-1586703 · last filed 990 for 2025
- MICHIGAN BASIC PROPERTY INSURANCE ASSOCIATION EIN 38-1956049 · last filed 990 for 2025
- NATIONAL TRUCK EQUIPMENT ASSOCIATION EIN 38-2274542 · last filed 990 for 2025
- HOMEOWNERSHIP PRESERVATION FOUNDATION EIN 52-2403507 · last filed 990 for 2024