AED FOUNDATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
AED FOUNDATION INC (EIN 36-3784945)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-15
IRS object ID
202133199349306963
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-15T10:14:26-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363856676PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KUTCHINS ROBBINS & DIAMOND LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11051 PERIMETER DR 9TH FLOORAddressLine1Txt
CitySCHAUMBURGCityNm
State AbbreviationILStateAbbreviationCd
ZIP60173ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN363784945EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE AED FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAEDFBusinessNameControlTxt
Phone6305740650PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1650 E ALGONQUIN ROAD SUITE 305AddressLine1Txt
CitySCHAUMBURGCityNm
State AbbreviationILStateAbbreviationCd
ZIP60173ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT HENDERSONPersonNm
Person TitleEVP & COOPersonTitleTxt
Phone6305740650PhoneNum
Signature2021-11-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstROBERTPersonFirstNm
Person LastHENDERSONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALLEN KUTCHINSPreparerPersonNm
PTINP00116318PTIN
Phone8472401040PhoneNum
Preparation2021-11-10PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBRIAN MCGUIREPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1650 E ALGONQUIN ROAD SUITE 305AddressLine1Txt
CitySCHAUMBURGCityNm
State AbbreviationILStateAbbreviationCd
ZIP60173ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,316,336GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressAEDFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1991FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTHE AED FOUNDATION ENHANCES THE SUCCESS OF AED MEMBER COMPANIES BY ENCOURAGING CONTINUOUS LEARNING, PROVIDING EDUCATIONAL OPPORTUNITIES FOR TODAY'S EMPLOYEES AND IMPROVING THE QUANTITY AND QUALITY OF AVAILABLE EMPLOYEES FOR THE FUTURE.ActivityOrMissionDesc
Voting Members Governing Body19VotingMembersGoverningBodyCnt
Voting Members Independent19VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers19TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$445,051PYContributionsGrantsAmt
CY Contributions Grants$572,890CYContributionsGrantsAmt
PY Program Service Revenue$395,642PYProgramServiceRevenueAmt
CY Program Service Revenue$247,880CYProgramServiceRevenueAmt
PY Investment Income$89,039PYInvestmentIncomeAmt
CY Investment Income-$10,941CYInvestmentIncomeAmt
PY Other Revenue$123,211PYOtherRevenueAmt
CY Other Revenue$220,500CYOtherRevenueAmt
PY Total Revenue$1,052,943PYTotalRevenueAmt
CY Total Revenue$1,030,329CYTotalRevenueAmt
PY Grants And Similar Paid$6,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$6,263CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$473,313PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$507,589CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$498,514PYOtherExpensesAmt
CY Other Expenses$390,397CYOtherExpensesAmt
PY Total Expenses$977,827PYTotalExpensesAmt
CY Total Expenses$904,249CYTotalExpensesAmt
PY Revenues Less Expenses$75,116PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$126,080CYRevenuesLessExpensesAmt
Total Assets BOY$3,172,472TotalAssetsBOYAmt
Total Assets EOY$3,529,121TotalAssetsEOYAmt
Total Liabilities BOY$183,786TotalLiabilitiesBOYAmt
Total Liabilities EOY$173,031TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,988,686NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,356,090NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE AED FOUNDATION ENHANCES THE SUCCESS OF AED MEMBER COMPANIES BY ENCOURAGING CONTINUOUS LEARNING, PROVIDING EDUCATIONAL OPPORTUNITIES FOR TODAY'S EMPLOYEES AND IMPROVING THE QUANTITY AND QUALITY OF AVAILABLE EMPLOYEES FOR THE FUTURE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$131,824ExpenseAmt
Revenue$141,410RevenueAmt
DescTHE AED FOUNDATION PROVIDED MANAGEMENT LEVEL EDUCATIONAL SEMINARS AND WEBINARS FOR INDUSTRY EMPLOYEES TO IMPROVE THEIR PROFESSIONAL SKILLS AND LEADERSHIP ABILITIES IN AREAS INCLUDING SALES, RENTAL, CUSTOMER MANAGEMENT, FINANCE, PARTS, SERVICE, PRODUCT SUPPORT, HUMAN RESOURCES AND BRANCH MANAGEMENT. INDEPENDENT STUDY PROGRAM - THE INDEPENDENT STUDY PROGRAM IS A FUNCTION OF PROFESSIONAL EDUCATION AND IS A MEANS OF EDUCATING MANAGERS WITHOUT REQUIRING THEM TO LEAVE THE OFFICE OR HOME. SEVENTEEN AVAILABLE COURSE MODULES OFFER INDUSTRY-SPECIFIC MANAGEMENT EDUCATION IN PEOPLE MANAGEMENT AND SKILLS, SALES & CUSTOMER MANAGEMENT, AND THE FUNCTIONAL AREAS OF: PARTS, SERVICE, FINANCE AND RENTAL.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$436,838ExpenseAmt
Grant$6,263GrantAmt
Revenue$106,470RevenueAmt
DescIMAGE BUILDING - IMAGE BUILDING IS A FUNCTION OF WORKFORCE DEVELOPMENT AND INCLUDES THE AEDCAREERS.COM STUDENT RECRUITMENT WEBSITE, RECRUITMENT TOOLS OFFERED TO DEALERS ON AEDWORKFORCE.COM, AND INTER-ORGANIZATIONAL COALITIONS GEARED TOWARD INCREASING AWARENESS AND INTEREST IN CONSTRUCTION RELATED CAREERS. TEAM FORMATION & SUPPORT - TEAM FORMATION & SUPPORT IS ALSO A FUNCTION OF WORKFORCE DEVELOPMENT AND INCLUDES AED ACCREDITATION OF POST-SECONDARY COLLEGE ACADEMIC PROGRAMS IN EQUIPMENT TECHNOLOGY, RECOGNITION OF OTHER POST-SECONDARY TECHNICAL PROGRAMS VIA THE AED RECOGNIZED <STATE> EDUCATION ALLIANCE PROGRAM, AED RECOGNITION OF HIGH SCHOOL TECHNICAL PROGRAMS, AND PROMOTING LOCAL DEALER ENGAGEMENT IN LOCAL WORKFORCE DEVELOPMENT INITIATIVES. THESE PROGRAMS ARE SERVICES AND DO NOT GENERATE INCOME TO THE FOUNDATION, EXCEPT IN THE CASES OF SCHOOL ACCREDITATION AND THE EDUCATION ALLIANCE, WHERE A NOMINAL APPLICATION FEE IS REQUIRED TO HELP DEFRAY ADMINISTRATIVE COSTS. THE FOUNDATION CONTINUES TO STRESS THE IMPORTANCE OF WORKFORCE DEVELOPMENT PROJECTS, INCREASING THE VISIBILTIY OF INDUSTRY RELATED CAREERS THROUGH TWO WEBSITES: AEDWORKFORCE.COM AND AEDCAREERS.COM. TECHNICIAN JOB APPLICANTS AND DEALER WORKFORCE RECRUITMENT TOOLS ARE MADE AVAILABLE FOR LOCAL DEALER INITIATIVES ON AEDWORKFORCE.COM. AEDCAREERS.COM PROVIDES STUDENTS WITH THE OPPORTUNITY TO THOROUGHLY EXPLORE THE DEALER EQUIPMENT TECHNICIAN CAREER OPPORTUNITY.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$568,662TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document12IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members19GoverningBodyVotingMembersCnt
Independent Voting Member19IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AGNES BACZEKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6305740650PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1650 E ALGONQUIN ROAD SUITE 305AddressLine1Txt
CitySCHAUMBURGCityNm
State AbbreviationILStateAbbreviationCd
ZIP60173ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JEFFREY SCOTT
CHAIRMAN5.00Yes (X)Yes (X)$0$0$0
TIMOTHY J WATTERS
VICE CHAIRMAN5.00Yes (X)Yes (X)$0$0$0
DARREN GRAHSL
TREASURER5.00Yes (X)Yes (X)$0$0$0
WHIT PERRYMAN
IMM PAST CHAIRMAN5.00Yes (X)Yes (X)$0$0$0
MATTHEW DI IORIO
AED REPRESENTATIVE5.00Yes (X)Yes (X)$0$0$0
JIM O'BRIEN
DIRECTOR5.00Yes (X)$0$0$0
JOEL DIMARCO
DIRECTOR5.00Yes (X)$0$0$0
LOGAN MELLOTT
DIRECTOR5.00Yes (X)$0$0$0
JONATHAN BERRY
DIRECTOR5.00Yes (X)$0$0$0
SCOTT YOUNG
DIRECTOR5.00Yes (X)$0$0$0
JIM HERON
DIRECTOR5.00Yes (X)$0$0$0
BILL CHIMLEY
DIRECTOR5.00Yes (X)$0$0$0
JASON DALY
DIRECTOR5.00Yes (X)$0$0$0
BRETT REASNER
DIRECTOR5.00Yes (X)$0$0$0
JONATHAN SHILLING
DIRECTOR5.00Yes (X)$0$0$0
JULIE DAVIS
DIRECTOR5.00Yes (X)$0$0$0
KRISTIN GIRARD
DIRECTOR5.00Yes (X)$0$0$0
BUCK BAIRD
DIRECTOR5.00Yes (X)$0$0$0
DARREN RILEY
DIRECTOR5.00Yes (X)$0$0$0
BRIAN MCGUIRE
PRESIDENT0.00Yes (X)$0$0$0
ROBERT HENDERSON
EMERITUS40.00$0$146,930$00.00Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$146,930TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$572,890AllOtherContributionsAmt
Total Contributions$572,890TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EDUCATIONAL PROGRAMS611430$141,410$141,410
ASSESSMENTS611430$95,280$95,280
ACCREDITATIONS611430$11,190$11,190
FieldValueIRS element (for citing)
Total Program Service Revenue$247,880TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$76,331TotalRevenueColumnAmt
Exclusion$76,331ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$100,000SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$187,272SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$87,272SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$87,272TotalRevenueColumnAmt
Exclusion-$87,272ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$319,235FundraisingGrossIncomeAmt
Fundraising Direct Expenses$98,735FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$220,500TotalRevenueColumnAmt
Exclusion$220,500ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,030,329TotalRevenueColumnAmt
Related Or Exempt Func Income$247,880RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$209,559ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$6,263TotalAmt
Program Services$6,263ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$418,093TotalAmt
Program Services$365,782ProgramServicesAmt
Management And General$52,311ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$37,287TotalAmt
Program Services$32,622ProgramServicesAmt
Management And General$4,665ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$34,516TotalAmt
Management And General$34,516ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$17,693TotalAmt
Program Services$15,777ProgramServicesAmt
Management And General$1,916ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$2,039TotalAmt
Management And General$2,039ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$10,200TotalAmt
Management And General$10,200ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$15,627TotalAmt
Management And General$15,627ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$62,455TotalAmt
Program Services$62,455ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$24,961TotalAmt
Program Services$6,888ProgramServicesAmt
Management And General$18,073ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$59,578TotalAmt
Management And General$59,578ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$29,404TotalAmt
Management And General$29,404ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$17,285TotalAmt
Management And General$17,285ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$49,353TotalAmt
Program Services$49,353ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$41,437TotalAmt
Management And General$41,437ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,036TotalAmt
Management And General$10,036ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
CONTINUING EDUCATION$38,500$38,500
WORKFORCE DEVELOPMENT$28,158$28,158
BANK FEES$1,364$1,364

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$904,249TotalAmt
Program Services$568,662ProgramServicesAmt
Management And General$335,587ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$234,153BOYAmt
EOY$523,334EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$152,149BOYAmt
EOY$147,219EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$137,705BOYAmt
EOY$44,050EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$32,843BOYAmt
EOY$5,935EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$224,986LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$189,054LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$62,657BOYAmt
EOY$35,932EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,552,965BOYAmt
EOY$2,772,651EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,172,472BOYAmt
EOY$3,529,121EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$12,511BOYAmt
EOY$9,511EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$171,275BOYAmt
EOY$68,220EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$95,300EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$183,786BOYAmt
EOY$173,031EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,877,586BOYAmt
EOY$3,048,790EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$111,100BOYAmt
EOY$307,300EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,988,686BOYAmt
EOY$3,356,090EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,172,472BOYAmt
EOY$3,529,121EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$126,080ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$241,324NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$462,150CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$205,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$352,811CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$445,051CurrentTaxYearMinus1YearAmt
Current Tax Year$572,890CurrentTaxYearAmt
Total$2,038,402TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$348,251CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$451,644CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$677,928CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$656,837CurrentTaxYearMinus1YearAmt
Current Tax Year$567,115CurrentTaxYearAmt
Total$2,701,775TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$810,401CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$657,144CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,030,739CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,101,888CurrentTaxYearMinus1YearAmt
Current Tax Year$1,140,005CurrentTaxYearAmt
Total$4,740,177TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$308CurrentTaxYearMinus2YearsAmt
Total$308TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$308CurrentTaxYearMinus2YearsAmt
Total$308TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$4,739,869PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$39,928CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$42,671CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$53,857CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$89,039CurrentTaxYearMinus1YearAmt
Current Tax Year$76,331CurrentTaxYearAmt
Total$301,826TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$39,928CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$42,671CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$53,857CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$89,039CurrentTaxYearMinus1YearAmt
Current Tax Year$76,331CurrentTaxYearAmt
Total$301,826TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$850,329CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$699,815CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,084,596CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,190,927CurrentTaxYearMinus1YearAmt
Current Tax Year$1,216,336CurrentTaxYearAmt
Total$5,042,003TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.94010PublicSupportCY509Pct
Public Support PY5090.94210PublicSupportPY509Pct
Investment Income CY0.05990InvestmentIncomeCYPct
Investment Income PY0.05670InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,661,146BeginningYearBalanceAmt
Investment Earnings Or Losses$118,238InvestmentEarningsOrLossesAmt
End Year Balance$1,779,384EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,461,412BeginningYearBalanceAmt
Investment Earnings Or Losses$199,734InvestmentEarningsOrLossesAmt
End Year Balance$1,661,146EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,524,973BeginningYearBalanceAmt
Investment Earnings Or Losses-$63,561InvestmentEarningsOrLossesAmt
End Year Balance$1,461,412EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,370,926BeginningYearBalanceAmt
Investment Earnings Or Losses$154,047InvestmentEarningsOrLossesAmt
End Year Balance$1,524,973EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,303,797BeginningYearBalanceAmt
Investment Earnings Or Losses$67,129InvestmentEarningsOrLossesAmt
End Year Balance$1,370,926EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$224,986OtherCostOrOtherBasisAmt
Depreciation$189,054DepreciationAmt
Book Value$35,932BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$35,932TotalBookValueLandBuildingsAmt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$287,735GrossReceiptsEvent1Amt
Gross Revenue Event1$287,735GrossRevenueEvent1Amt
Other Direct Expenses Event1$98,735OtherDirectExpensesEvent1Amt
Event2SUMMITEvent2Nm
Gross Receipts Event2$31,500GrossReceiptsEvent2Amt
Gross Revenue Event2$31,500GrossRevenueEvent2Amt
Gross Receipts Total$319,235GrossReceiptsTotalAmt
Gross Revenue Total Events$319,235GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$98,735OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$98,735DirectExpenseSummaryEventsAmt
Net Income Summary$220,500NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient6RecipientCnt
Cash Grant$6,263CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION IS IN CONTACT WITH RECIPIENTS' SCHOOLS TO ENSURE FUNDS ARE UTILIZED FOR INTENDED PURPOSES. FOR SCHOLARSHIPS, SUBMISSION OF STUDENT GRADE TRANSCRIPTS ARE REQUIRED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BIN ORDER TO PROVIDE EACH BOARD MEMBER AN OPPORTUNITY TO REVIEW THE 990 BEFORE FILING, A DRAFT COPY OF THE COMPLETED FORM 990 IS SENT TO EACH MEMBER VIA EMAIL. THE 990 WILL NOT BE FILED UNTIL THE BOARD HAS HAD SUFFICIENT TIME TO COMPLETE THEIR REVIEW.
FORM 990, PART VI, SECTION B, LINE 12CA CONFLICT OF INTEREST POLICY HAS BEEN IMPLEMENTED. ON AN ANNUAL BASIS, THE POLICY WILL BE DISTRIBUTED TO ALL BOARD MEMBERS WITH INSTRUCTIONS TO INFORM MANAGEMENT OF ANY INTERESTS THAT MAY GIVE RISE TO A CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15ATHE EXECUTIVE DIRECTOR AND ENTIRE STAFF IS EMPLOYED BY ASSOCIATED EQUIPMENT DISTRIBUTORS (AED), A RELATED ENTITY. THE AED EXECUTIVE COMMITTEE REVIEWS NON-PROFIT PAYROLL DATA IN DETERMINING THE ORGANIZATION'S EXECUTIVE DIRECTOR'S COMPENSATION. ALL OTHER WAGES ARE OVERSEEN BY AED'S MANAGEMENT.
FORM 990, PART VI, SECTION C, LINE 19THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ASSOCIATED EQUIPMENT DISTRIBUTORSBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1650 E ALGONQUIN RD SUITE 305AddressLine1Txt
CitySCHAUMBURGCityNm
State AbbreviationILStateAbbreviationCd
ZIP60173ZIPCd
FieldValueIRS element (for citing)
EIN362098486EIN
Primary ActivitiesTRADE ASSNPrimaryActivitiesTxt
Legal Domicile StateILLegalDomicileStateCd
Exempt Code Section501(C)(6)ExemptCodeSectionTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
ASSOCIATED EQUIPMENT DISTRIBUTORS
O$204,269WAGES BY HOURS WORKED
ASSOCIATED EQUIPMENT DISTRIBUTORS
P$213,824COST

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