AED FOUNDATION INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
AED FOUNDATION INC (EIN 36-3784945)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-10-09
IRS object ID
202032839349300013
Schema version
2019v5.1
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)
Return2020-10-09T11:20:54-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

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 Line11101 PERIMETER DRIVE SUITE 760AddressLine1Txt
CitySCHAUMBURGCityNm
State AbbreviationILStateAbbreviationCd
ZIP60173ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

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 Line1605 E ALGONQUIN ROAD SUITE 305AddressLine1Txt
CitySCHAUMBURGCityNm
State AbbreviationILStateAbbreviationCd
ZIP60173ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJASON BLAKEPersonNm
Person TitleEVP & COOPersonTitleTxt
Phone6305740650PhoneNum
Signature2020-10-01SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALLEN KUTCHINSPreparerPersonNm
PTINP00116318PTIN
Phone8472401040PhoneNum
Preparation2020-10-01PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address67.184.198.147IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-10-01IPDt
IP Tm10:45:08IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id1F076AA67CE37BB4C615675B508F5B257363FF10AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBRIAN MCGUIREPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1605 E ALGONQUIN ROAD SUITE 305AddressLine1Txt
CitySCHAUMBURGCityNm
State AbbreviationILStateAbbreviationCd
ZIP60173ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,190,927GrossReceiptsAmt
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 Body20VotingMembersGoverningBodyCnt
Voting Members Independent20VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$352,811PYContributionsGrantsAmt
CY Contributions Grants$445,051CYContributionsGrantsAmt
PY Program Service Revenue$462,878PYProgramServiceRevenueAmt
CY Program Service Revenue$395,642CYProgramServiceRevenueAmt
PY Investment Income$91,821PYInvestmentIncomeAmt
CY Investment Income$89,039CYInvestmentIncomeAmt
PY Other Revenue$105,823PYOtherRevenueAmt
CY Other Revenue$123,211CYOtherRevenueAmt
PY Total Revenue$1,013,333PYTotalRevenueAmt
CY Total Revenue$1,052,943CYTotalRevenueAmt
PY Grants And Similar Paid$4,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$6,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$402,315PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$473,313CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$446,671PYOtherExpensesAmt
CY Other Expenses$498,514CYOtherExpensesAmt
PY Total Expenses$852,986PYTotalExpensesAmt
CY Total Expenses$977,827CYTotalExpensesAmt
PY Revenues Less Expenses$160,347PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$75,116CYRevenuesLessExpensesAmt
Total Assets BOY$2,855,307TotalAssetsBOYAmt
Total Assets EOY$3,172,472TotalAssetsEOYAmt
Total Liabilities BOY$240,873TotalLiabilitiesBOYAmt
Total Liabilities EOY$183,786TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,614,434NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,988,686NetAssetsOrFundBalancesEOYAmt
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$168,335ExpenseAmt
Grant$6,000GrantAmt
Revenue$227,951RevenueAmt
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$479,413ExpenseAmt
Revenue$167,691RevenueAmt
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$647,748TotalProgramServiceExpensesAmt
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 Document15IRPDocumentCnt
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 Members20GoverningBodyVotingMembersCnt
Independent Voting Member20IndependentVotingMemberCnt
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 Line1JASON BLAKEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6305740650PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1605 E ALGONQUIN ROAD SUITE 305AddressLine1Txt
CitySCHAUMBURGCityNm
State AbbreviationILStateAbbreviationCd
ZIP60173ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
WHIT PERRYMAN
CHAIRMAN5.00Yes (X)Yes (X)$0$0$0
DARREN GRAHSL
TREASURER5.00Yes (X)Yes (X)$0$0$0
DENNIS VANDER MOLEN
IMM PAST CHAIRMAN5.00Yes (X)Yes (X)$0$0$0
CRAIG DRURY
AED REPRESENTATIVE5.00Yes (X)Yes (X)$0$0$0
BRETT REASNER
DIRECTOR5.00Yes (X)$0$0$0
JAMES MCCANN
DIRECTOR5.00Yes (X)$0$0$0
JOHN D CRUM
DIRECTOR5.00Yes (X)$0$0$0
THOMAS CASEY
DIRECTOR5.00Yes (X)$0$0$0
LOGAN MELLOTT
DIRECTOR5.00Yes (X)$0$0$0
JUDY WORRELL
DIRECTOR5.00Yes (X)$0$0$0
KENNETH SILVERMAN
DIRECTOR5.00Yes (X)$0$0$0
MIKE HAYES
DIRECTOR5.00Yes (X)$0$0$0
OTTO BREITSCHWERDT
DIRECTOR5.00Yes (X)$0$0$0
JULIE DAVIS
DIRECTOR5.00Yes (X)$0$0$0
KENNETH TAYLOR
DIRECTOR5.00Yes (X)$0$0$0
JASON DALY
DIRECTOR5.00Yes (X)$0$0$0
JOEL DIMARCO
DIRECTOR5.00Yes (X)$0$0$0
TODD HYSTAD
DIRECTOR5.00Yes (X)$0$0$0
BUCK BAIRD
DIRECTOR5.00Yes (X)$0$0$0
JEFFREY SCOTT
VICE CHAIRMAN5.00Yes (X)Yes (X)$0$0$0
BRIAN MCGUIRE
PRESIDENT0.00Yes (X)$0$0$0
ROBERT HENDERSON
EMERITUS40.00$0$149,985$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$149,985TotReportableCompRltdOrgAmt
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$445,051AllOtherContributionsAmt
Total Contributions$445,051TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EDUCATIONAL PROGRAMS611430$227,951$227,951
ASSESSMENTS611430$146,560$146,560
ACCREDITATIONS611430$21,131$21,131
FieldValueIRS element (for citing)
Total Program Service Revenue$395,642TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$89,039TotalRevenueColumnAmt
Exclusion$89,039ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$259,700FundraisingGrossIncomeAmt
Fundraising Direct Expenses$137,984FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$121,716TotalRevenueColumnAmt
Exclusion$121,716ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$1,495TotalRevenueColumnAmt
Related Or Exempt Func Income$1,495RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,495OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,052,943TotalRevenueColumnAmt
Related Or Exempt Func Income$397,137RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$210,755ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$6,000TotalAmt
Program Services$6,000ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$419,724TotalAmt
Program Services$350,723ProgramServicesAmt
Management And General$69,001ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$22,744TotalAmt
Management And General$22,744ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$19,845TotalAmt
Management And General$19,845ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$11,000TotalAmt
Program Services$9,191ProgramServicesAmt
Management And General$1,809ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$869TotalAmt
Management And General$869ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,200TotalAmt
Management And General$7,200ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$15,195TotalAmt
Management And General$15,195ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$100,355TotalAmt
Program Services$100,355ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$22,932TotalAmt
Program Services$8,375ProgramServicesAmt
Management And General$14,557ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$36,170TotalAmt
Management And General$36,170ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$26,583TotalAmt
Management And General$26,583ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$57,371TotalAmt
Management And General$57,371ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$55,057TotalAmt
Program Services$55,057ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$47,994TotalAmt
Management And General$47,994ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$7,824TotalAmt
Management And General$7,824ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
WORKFORCE DEVELOPMENT$109,265$109,265
MEMBER SERVICES AND BEN$7,901$7,901
CONTINUING EDUCATION$2,917$2,917
BANK FEES$881$881

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$977,827TotalAmt
Program Services$647,748ProgramServicesAmt
Management And General$330,079ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$244,144BOYAmt
EOY$234,153EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$127,879BOYAmt
EOY$152,149EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$157,360BOYAmt
EOY$137,705EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$36,693BOYAmt
EOY$32,843EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$210,274LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$147,617LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$84,976BOYAmt
EOY$62,657EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,204,255BOYAmt
EOY$2,552,965EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,855,307BOYAmt
EOY$3,172,472EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$85,733BOYAmt
EOY$12,511EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$155,140BOYAmt
EOY$171,275EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$240,873BOYAmt
EOY$183,786EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,547,934BOYAmt
EOY$2,877,586EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$66,500BOYAmt
EOY$111,100EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,614,434BOYAmt
EOY$2,988,686EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,855,307BOYAmt
EOY$3,172,472EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$75,116ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$299,136NetUnrlzdGainsLossesInvstAmt
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$454,647CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$462,150CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$205,500CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$352,811CurrentTaxYearMinus1YearAmt
Current Tax Year$445,051CurrentTaxYearAmt
Total$1,920,159TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$335,193CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$348,251CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$451,644CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$677,928CurrentTaxYearMinus1YearAmt
Current Tax Year$656,837CurrentTaxYearAmt
Total$2,469,853TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$789,840CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$810,401CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$657,144CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,030,739CurrentTaxYearMinus1YearAmt
Current Tax Year$1,101,888CurrentTaxYearAmt
Total$4,390,012TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,000CurrentTaxYearMinus4YearsAmt
Total$5,000TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$308CurrentTaxYearMinus1YearAmt
Total$308TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus1 Year$308CurrentTaxYearMinus1YearAmt
Total$5,308TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$4,384,704PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$38,621CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$39,928CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$42,671CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$53,857CurrentTaxYearMinus1YearAmt
Current Tax Year$89,039CurrentTaxYearAmt
Total$264,116TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$38,621CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$39,928CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$42,671CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$53,857CurrentTaxYearMinus1YearAmt
Current Tax Year$89,039CurrentTaxYearAmt
Total$264,116TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$828,461CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$850,329CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$699,815CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,084,596CurrentTaxYearMinus1YearAmt
Current Tax Year$1,190,927CurrentTaxYearAmt
Total$4,654,128TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.94210PublicSupportCY509Pct
Public Support PY5090.94760PublicSupportPY509Pct
Investment Income CY0.05670InvestmentIncomeCYPct
Investment Income PY0.05100InvestmentIncomePYPct
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$1,461,412BeginningYearBalanceAmt
Investment Earnings Or Losses$199,734InvestmentEarningsOrLossesAmt
End Year Balance$1,661,146EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,303,797BeginningYearBalanceAmt
Investment Earnings Or Losses$67,129InvestmentEarningsOrLossesAmt
End Year Balance$1,370,926EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,309,769BeginningYearBalanceAmt
Investment Earnings Or Losses-$5,972InvestmentEarningsOrLossesAmt
End Year Balance$1,303,797EndYearBalanceAmt
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$210,274OtherCostOrOtherBasisAmt
Depreciation$147,617DepreciationAmt
Book Value$62,657BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$62,657TotalBookValueLandBuildingsAmt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$204,700GrossReceiptsEvent1Amt
Gross Revenue Event1$204,700GrossRevenueEvent1Amt
Other Direct Expenses Event1$131,553OtherDirectExpensesEvent1Amt
Event2SUMMITEvent2Nm
Gross Receipts Event2$55,000GrossReceiptsEvent2Amt
Gross Revenue Event2$55,000GrossRevenueEvent2Amt
Other Direct Expenses Event2$6,431OtherDirectExpensesEvent2Amt
Gross Receipts Total$259,700GrossReceiptsTotalAmt
Gross Revenue Total Events$259,700GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$137,984OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$137,984DirectExpenseSummaryEventsAmt
Net Income Summary$121,716NetIncomeSummaryAmt

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$6,000CashGrantAmt

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 (5 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.
FORM 990, PART IX, LINE 11GCONSULTING: PROGRAM SERVICE EXPENSES 100,355. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100,355.

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$230,724WAGES BY HOURS WORKED
ASSOCIATED EQUIPMENT DISTRIBUTORS
P$189,000COST

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