AMERICAN FOUNDRY SOCIETY: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- AMERICAN FOUNDRY SOCIETY (EIN 36-0725470)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-02-19
- IRS object ID
- 202140509349300624
- Schema version
- 2019v5.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-02-19T11:33:20-06:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 S Wacker Drive Ste 3300 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 360725470 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | American Foundry Society | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AMER | BusinessNameControlTxt |
| Phone | 8478240181 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1695 N Penny Lane | AddressLine1Txt |
| City | Schaumburg | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60173 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Doug Kurkul | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 8478240181 | PhoneNum |
| Signature | 2021-02-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Rebekuh Eley | PreparerPersonNm |
| PTIN | P01247672 | PTIN |
| Phone | 3126343400 | PhoneNum |
| Preparation | 2021-02-01 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Doug Kurkul | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1695 N Penny Lane | AddressLine1Txt |
| City | Schaumburg | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60173 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,657,096 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | afsinc.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1917 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | The mission of the American Foundry Society is to advance the success of its members and the metalcasting industry through advocacy, education, and innovation. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 38 | TotalEmployeeCnt |
| Total Volunteers | 800 | TotalVolunteersCnt |
| Total Gross UBI | $1,821,673 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $111,945 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,984,887 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,071,455 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,612,169 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,566,524 | CYProgramServiceRevenueAmt |
| PY Investment Income | $126,541 | PYInvestmentIncomeAmt |
| CY Investment Income | $57,521 | CYInvestmentIncomeAmt |
| PY Other Revenue | $519,559 | PYOtherRevenueAmt |
| CY Other Revenue | $498,425 | CYOtherRevenueAmt |
| PY Total Revenue | $9,243,156 | PYTotalRevenueAmt |
| CY Total Revenue | $5,193,925 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $166,038 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $173,107 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,248,533 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,416,509 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,426,795 | PYOtherExpensesAmt |
| CY Other Expenses | $3,041,143 | CYOtherExpensesAmt |
| PY Total Expenses | $7,841,366 | PYTotalExpensesAmt |
| CY Total Expenses | $6,630,759 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,401,790 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,436,834 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $7,011,497 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,044,480 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,494,571 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,201,210 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,516,926 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,843,270 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The mission of the American Foundry Society is to advance the success of its members and the metalcasting industry through advocacy, education, and innovation. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | Magazines - the Society's magazines disseminate information about the advancement of the sciences related to the manufacture and utilization of metalcasting. Modern Casting is published monthly with a worldwide readership of 20,000. Casting Source is distributed to approximately 12,000 readers on a bi-monthly basis. The International Journal of Metalcasting (published papers from academia and Industry) is circulated to approximately 500 readers quarterly. The quarterly online only magazine, Global Castings' readership is estimated at 60,000 worldwide. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Technical services - provides administrative, management, research, and technical support services to the metalcasting industry. Services include division council, committees, research services, technology transfer, and information transfer. Division council and committee represent about 800 volunteers. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Research projects - cooperative research agreements with foundry industry and federal government agencies. Projects administered by the Society are those that will have the most impact on the industry. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Conventions & Expositions | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 32 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 38 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (1) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (1) | NondeductibleContriDisclInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Peggy Mennella | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8478240181 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1695 N Penny Lane | AddressLine1Txt |
| City | Schaumburg | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60173 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| Douglas Kurkul | ||||||||
| Chief Executive Officer | 45.00 | 5.00 | Yes (X) | $235,300 | $0 | $31,909 | ||
| Mike Lakas | ||||||||
| Vice President of IT & Operations | 45.00 | 5.00 | $136,140 | $0 | $46,142 | Yes (X) | ||
| Steve Robison | ||||||||
| Chief Tech Services Officer | 40.00 | 0.00 | $125,059 | $0 | $30,774 | Yes (X) | ||
| Benjamin Yates | ||||||||
| VP of Marketing & Bus. Dev. | 45.00 | 5.00 | $125,430 | $0 | $29,344 | Yes (X) | ||
| Richard Jefferson | ||||||||
| CP Marketing & Communication | 40.00 | 0.00 | $110,063 | $0 | $41,179 | Yes (X) | ||
| Peggy Mennella | ||||||||
| Director Accounting and Finance | 40.00 | 0.00 | $106,476 | $0 | $27,611 | Yes (X) | ||
| Michael L Lenahan | ||||||||
| President (As of 4/20) | 0.30 | 0.30 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Jim Frost | ||||||||
| Vice President (As of 4/20) | 0.30 | 0.30 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Adam SanSolo | ||||||||
| 2nd Vice President (As of 4/20) | 0.30 | 0.30 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Peter C Reich | ||||||||
| Immediate Past Pres. (As of 4/20) | 0.30 | 0.30 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Jean Bye | ||||||||
| Immediate Past Pres. (Until 4/20) | 0.30 | 0.30 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Greg Loving | ||||||||
| Director (Until 4/20) | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| Jason McGowan | ||||||||
| Director (Until 4/20) | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| Russell Rosmait | ||||||||
| Director (Until 4/20) | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| Scott Strobl | ||||||||
| Director (Until 4/20) | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| Tom Christie | ||||||||
| Director | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| Michael Leib | ||||||||
| Director | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| Bradford Muller | ||||||||
| Director | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| Patrick Carlin | ||||||||
| Director | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| David Gilson | ||||||||
| Director | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| Jeet Radia | ||||||||
| Director | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| Sara Joyce | ||||||||
| Director | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| Patrick T Ameen | ||||||||
| Director | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| John P Haas | ||||||||
| Director | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| John Lancaster | ||||||||
| Director | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| Angela Dine Schmeisser | ||||||||
| Director | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| Rob Johnson | ||||||||
| Director (As of 4/20) | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| Jim Mancuso | ||||||||
| Director (As of 4/20) | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| Andrew Renkey | ||||||||
| Director (As of 4/20) | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| Peter Satre | ||||||||
| Director (As of 4/20) | 0.30 | 0.30 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $838,468 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $206,959 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| QuadGraphics Inc | |||||
| N61 W23044 Harrys Way | Sussex | WI | 53089 | Printing Services | $299,842 |
| Potomac Government Relations | |||||
| 3816 30th Road North | Arlington | VA | 22207 | Government Affairs Consultant Fees | $275,132 |
| Global Experience Specialists | |||||
| 350 North Clark Street Suite 200 | Chicago | IL | 60654 | Conference Services | $187,206 |
| The Policy Group | |||||
| 1608 East Avenue | McLean | VA | 22101 | EHS & Regulatory Consulting | $166,797 |
| Joseph T Murphy Jr | |||||
| 166 Campo Road South | Westport | CT | 06880 | Advertising Sales Rep | $133,740 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $1,677,893 | MembershipDuesAmt |
| Government Grants | $250,637 | GovernmentGrantsAmt |
| All Other Contributions | $142,925 | AllOtherContributionsAmt |
| Noncash Contributions | $10,848 | NoncashContributionsAmt |
| Total Contributions | $2,071,455 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| Advertising | 541800 | $1,821,673 | $1,821,673 | |
| Industry Services | 900099 | $652,749 | $652,749 | |
| Convention & Expo | 900099 | $54,600 | $54,600 | |
| Government Affairs | 900099 | $13,850 | $13,850 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,652 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,652 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,566,524 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $103,783 | TotalRevenueColumnAmt |
| Exclusion | $103,783 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $51,968 | TotalRevenueColumnAmt |
| Exclusion | $51,968 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $16,480 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $16,480 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,480 | TotalRevenueColumnAmt |
| Exclusion | $16,480 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $382,379 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $428,641 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$46,262 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$46,262 | TotalRevenueColumnAmt |
| Exclusion | -$46,262 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $112,646 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $34,530 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $78,116 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $78,116 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Administrative Services | Desc |
| Business | 561000 | BusinessCd |
| Total Revenue Column | $264,585 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $264,585 | RelatedOrExemptFuncIncomeAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $87,276 | TotalRevenueColumnAmt |
| Exclusion | $87,276 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $351,861 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,193,925 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,087,552 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,821,673 | UnrelatedBusinessRevenueAmt |
| Exclusion | $213,245 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,107 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $247,393 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,391,153 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,238 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $544,813 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $190,912 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $329,077 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,329 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,251 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $155,614 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $148,053 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,446 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $214,962 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $223,918 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,958 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $224,764 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,803 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $568,016 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,553 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $170,938 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,041 | TotalAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| Magazine Publishing | $467,998 |
| Dues Alloc. to Research | $214,544 |
| Bad Debt Expense | $8,030 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,848 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,630,759 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,350 | BOYAmt |
| EOY | $120,587 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,005,357 | BOYAmt |
| EOY | $471,128 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,208 | BOYAmt |
| EOY | $68,851 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $396,057 | BOYAmt |
| EOY | $239,792 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,361 | BOYAmt |
| EOY | $139,536 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $251,446 | BOYAmt |
| EOY | $322,174 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $3,438,609 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,989,254 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,563,966 | BOYAmt |
| EOY | $1,449,355 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,351,726 | BOYAmt |
| EOY | $2,049,620 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,026 | BOYAmt |
| EOY | $183,437 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,011,497 | BOYAmt |
| EOY | $5,044,480 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $984,591 | BOYAmt |
| EOY | $603,137 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $176,167 | BOYAmt |
| EOY | $191,793 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $333,813 | BOYAmt |
| EOY | $406,280 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,494,571 | BOYAmt |
| EOY | $1,201,210 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,428,248 | BOYAmt |
| EOY | $3,754,412 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,678 | BOYAmt |
| EOY | $88,858 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,516,926 | BOYAmt |
| EOY | $3,843,270 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,011,497 | BOYAmt |
| EOY | $5,044,480 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,436,834 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$129,875 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$106,947 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | 0 | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | 0 | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | Yes (1) | AgreeCarryoverPriorYearInd |
| Dues Assessments | $1,677,893 | DuesAssessmentsAmt |
| Non Deductible Lbbyng Pltcl CY | $155,614 | NonDeductibleLbbyngPltclCYAmt |
| Non Ded Lbbyng Pltcl Cyov | $9,859 | NonDedLbbyngPltclCyovAmt |
| Non Deductible Lbbyng Pltcl Tot | $165,473 | NonDeductibleLbbyngPltclTotAmt |
| Aggregate Reported Dues Ntc | $201,347 | AggregateReportedDuesNtcAmt |
| Taxable | -$35,874 | TaxableAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $562,460 | OtherCostOrOtherBasisAmt |
| Book Value | $562,460 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,189,590 | OtherCostOrOtherBasisAmt |
| Depreciation | $585,501 | DepreciationAmt |
| Book Value | $604,089 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,519,710 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,263,212 | DepreciationAmt |
| Book Value | $256,498 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $166,849 | OtherCostOrOtherBasisAmt |
| Depreciation | $140,541 | DepreciationAmt |
| Book Value | $26,308 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,449,355 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Committed Research Contracts | Desc |
| Amt | $406,280 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $406,280 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $5,540,901 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$129,875 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $105,235 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $337,086 | OtherRevenueAmt |
| Revenue Not Reported | $312,446 | RevenueNotReportedAmt |
| Revenue Subtotal | $5,228,455 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$34,530 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$34,530 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $5,193,925 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $7,312,636 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $105,235 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $576,642 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $681,877 | ExpensesNotReportedAmt |
| Expenses Subtotal | $6,630,759 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $6,630,759 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part X, Line 2: | The Society is exempt from income taxes under Section 501(c)(6) of the Internal Revenue Code and applicable state law. However, income from certain activities not directly related to the Society's tax-exempt purposes is subject to taxation as unrelated business income. The Society follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Society may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Society and positions related to the potential sources of unrelated business taxable income (UBTI). There were no unrecognized tax benefits identified or recorded as liabilities during the reporting periods covered by these financial statements. The Society files Form 990 in the U.S. federal jurisdiction and the state of Illinois. |
| Part XI, Line 2d - Other Adjustments: | Pension-related changes other than net periodic pension cost -106,947. Cast Metals Institute Revenue 708,618. Eliminated Revenue - Administrative services to CMI -264,585. |
| Part XI, Line 4b - Other Adjustments: | Cost of Goods Sold -34,530. |
| Part XII, Line 2d - Other Adjustments: | Cost of Goods Sold 34,530. Cast Metals Institute Expense 806,697. Eliminated Expense - Administrative services to CMI -264,585. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Douglas Kurkul | ||||||||||||||
| Chief Executive Officer | $208,552 | $0 | $25,956 | $0 | $792 | $0 | $3,996 | $0 | $27,913 | $0 | $267,209 | $0 | $0 | $0 |
| Mike Lakas | ||||||||||||||
| Vice President of IT & Operations | $133,633 | $0 | $2,387 | $0 | $120 | $0 | $1,593 | $0 | $44,549 | $0 | $182,282 | $0 | $0 | $0 |
| Steve Robison | ||||||||||||||
| Chief Tech Services Officer | $122,478 | $0 | $2,387 | $0 | $194 | $0 | $4,395 | $0 | $26,379 | $0 | $155,833 | $0 | $0 | $0 |
| Benjamin Yates | ||||||||||||||
| VP of Marketing & Bus. Dev. | $122,550 | $0 | $2,787 | $0 | $93 | $0 | $753 | $0 | $28,591 | $0 | $154,774 | $0 | $0 | $0 |
| Richard Jefferson | ||||||||||||||
| CP Marketing & Communication | $106,766 | $0 | $2,787 | $0 | $510 | $0 | $3,573 | $0 | $37,606 | $0 | $151,242 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 6 | Membership in the organization shall be available to all individuals and corporations in the metalcasting industry, its supplier industries, related academia and OEM/customers of the industry. Qualifications for admission as members shall be as follows: a. Corporate Member. 1. Regular - Any firm or corporation that is a metal casting producer and/or a supplier of goods and services to the industry interested in participating in the stated activities of AFS and benefiting from the privileges of corporate membership. 2. OEM Affiliate - Any firm or corporation that is a designer, buyer, or specifier (OEM) of components, excluding casting brokers, interested in participating in the stated activities of AFS and benefiting from the privileges of corporate membership. b. Corporate Affiliate. Any individual, residing in North America, employed by a corporate member and identified by his employer as a Corporate Affiliate under provisions determined by the board of directors. c. Personal Member. Any individual, residing in North America, who is not eligible for Corporate Affiliate or other individual member status. d. International Technical Member. Any individual residing outside North America interested in participating in the stated programs of the Society. e. Retired Member. An individual, residing in North America, retired and no longer gainfully employed, and not qualifying for the Service Life membership. f. Teaching Associate. Any individual, residing in North America, employed as a secondary or vocational teacher, college professor, or those teachers of institutions and programs offering Associate degrees. g. Student Member. Any individual, residing in North America, interested in participating in and benefiting from the stated activities of AFS who is an enrolled full classschedule student in an accredited educational institution. h. Honorary Life Member. An individual who has served the AFS as its president and has retired from office; recipients of the AFS Gold Medal award, Hoyt Lecturers, or special honorary members appointed by the board of directors. i. Service Life Member. Any individual, residing in North America, fully retired, no longer gainfully employed who has had a minimum of 25 years continuous membership in AFS. j. Others. The board of directors may make provisions for special memberships and shall determine the dues and privileges of such memberships. |
| Form 990, Part VI, Section A, line 7b | All individual members, with the exception of student members, and those residing outside of North America, shall have the right to hold office in American Foundry Society and to cast one vote on all questions submitted to the membership by letter or other ballot. |
| Form 990, Part VI, Section B, line 11b | Board resolution passed August 2009 delegates this responsibility to the Finance Committee for independent review before filing. The Form 990 is also provided to all members of the governing body before it is filed. |
| Form 990, Part VI, Section B, line 12c | All new board members sign the conflict of interest policy at the beginning of their 4 year term. The conflict of interest policy is renewed annually at the August board meeting each year a board member serves. Due to the nature of our industry, there is an awareness of what is happening within to informally monitor throughout the year. If a conflict occurs, the board member would recuse themselves from voting on the matter. |
| Form 990, Part VI, Section B, line 15a | At the American Foundry Society, there is an Executive Compensation and Review Committee (ECRC) which shall consist of the President, Vice President, 2nd Vice President and Immediate Past President. The Committee is responsible for establishing executive compensation and further serves as the review authority for the CEO. The CEO's performance is evaluated annually by the ECRC against established goals, through a process that involves consultation with the Board of Directors and other stakeholders. The compensation level is benchmarked periodically using resources including the National Association of Manufacturers Council of Manufacturing Associations Executive Salary Survey and the Association Forum of Chicagoland Association Compensation Benefits Survey. Any changes in salary or incentive bonus payments are communicated in writing from the ECRC to the Director of Accounting & Finance. |
| Form 990, Part VI, Section C, line 19 | The governing documents, conflict of interest policy and financial statements are available upon request for the same period of disclosure as set forth in IRC Section 6104(d). |
| Form 990, Part XI, line 9: | Pension-related Changes other than Net Periodic Pension Cost -106,947. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cast Metals Institute | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1695 N Penny Lane | AddressLine1Txt |
| City | Schaumburg | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60173 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362491586 | EIN |
| Primary Activities | Continuing education | PrimaryActivitiesTxt |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | Line 10 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | American Foundry Society | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Cast Metals Institute | ||
| N | $426,389 | FMV |
| Cast Metals Institute | ||
| O | $328,696 | FMV |
| Cast Metals Institute | ||
| R | $221,498 | FMV |
| Cast Metals Institute | ||
| Q | $400,000 | Cash transfer |
Comments