2020-11-12T16:05:07-06:00 2019-12-31 Grant Thornton LLP 1000 WILSON BLVD SUITE 1400 ARLINGTON VA 22209 990 2019-01-01 520859087 THE ASSOCIATION FOR MANUFACTURING TECHNOLOGY % REBECCA STAHL ASSO 7038932900 7901 Jones Branch Drive Suite 900 McLean VA 22102 REBECCA STAHL CFO 7038275246 2020-11-12 true Mary Torretta P00847851 7038477500 2020-11-12 179.6.32.150 54681420203175000002 2020-11-12 P 03CBAE45BD8E2F188EB28F31E827C7F4869431D2 572EA00AEE499876D01B3E3EB758D1494967FEAB 2019 2021-04-22 16:20:28Z DOUGLAS K WOODS 7901 Jones Branch Drive Suite 900 McLean VA 22102 25743662 false X www.amtonline.org X 1902 VA TO PROMOTE THE PROGRESS AND DEVELOPMENT OF HIGH STANDARDS AND STIMULATE THE U.S. MACHINE TOOL INDUSTRY. 12 12 82 12 770099 0 0 0 48914344 6477579 1125060 2365212 -743936 1875 49295468 8844666 30000 12500 0 0 10552113 11124457 0 0 0 23021049 11219284 33603162 22356241 15692306 -13511575 33952912 32786452 10459255 22606534 23493657 10179918 X SEE SCHEDULE O false false SEE SCHEDULE O SEE SCHEDULE O SEE SCHEDULE O false false false true false false false true false true false true false true true false true false true true false false false false false false true false true false false false false false false false false false false false true true true false true X 41 0 true 82 true true true true MX CH IN BR false false false false false false X 12 12 false false false false true true true true true false false false true false false true true true true false VA X REBECCA STAHL 7038275246 7901 JONES BRANCH DRIVE SUITE 900 McLean VA 221024206 Douglas K Woods President 37.5 1.0 X 626048 0 16800 Travis Eagan VP - Business Development 37.5 0.0 X 357689 0 16731 Peter R Eelman VP - Exhibitions & Comm. 37.5 0.0 X 325032 0 16731 Patrick W McGibbon VP - Strategic Analytics 37.5 0.0 X 283032 0 11417 Christine Rasul VP - Membership 37.5 0.0 X 279032 0 13706 Jeffery Traver VP - AMO 37.5 0.0 X 274032 0 9039 Rebecca Stahl Chief Financial Officer 37.5 1.0 X 266032 0 16552 Edward Christopher VP - Global Services 37.5 0.0 X 245032 0 14724 Ronald Karaisz Ex-Officio 1.0 1.0 X X 0 0 0 Steven R Stokey Ex-Officio 1.0 1.0 X X 0 0 0 Christopher Bailey Chairman 1.0 1.0 X X 0 0 0 Paul Ricard 1st Vice Chairman 1.0 1.0 X X 0 0 0 Dr John Cheung 2nd Vice Chairman/Treasurer 1.0 1.0 X X 0 0 0 Daniel Janka Secretary 1.0 1.0 X X 0 0 0 Gregory Buck Director 1.0 1.0 X 0 0 0 Thomas Clark Director 1.0 1.0 X 0 0 0 William Eichele Director 1.0 1.0 X 0 0 0 Johan Israelsson Director 1.0 1.0 X 0 0 0 Donald Lane Director to 3/31/2019 1.0 1.0 X 0 0 0 Ralph Resnick Director to 3/31/2019 1.0 1.0 X 0 0 0 Michael Cicco Director 1.0 1.0 X 0 0 0 Greg Volovic Director 1.0 1.0 X 0 0 0 Brian Papke Secretary to 3/31/2019 1.0 1.0 X 0 0 0 Richard L Simons Ex-Officio to 3/31/2019 1.0 1.0 X 0 0 0 2655929 0 115700 28 false true false Cooley Godward Kronish LLP 101 CALIFORNIA ST 5TH FLOOR SAN FRANCISCO CA 941115800 Legal Fees 515696 Shenandoah Owner LLC PO BOX 38038 BALTIMORE MD 212978038 Office Rents 302471 Path To Progress LLC 107 FALLS WAY OAKLAND MD 21550 AMS Systems 288600 Grant Thornton LLP 33960 TREASURY CENTER CHICAGO IL 606943900 Audit and Tax 185275 Traction Technology Partners 603 GREENWICH STREET SUITE 101 NEW YORK NY 10014 Membership 130260 7 0 TRADE SHOWS 423830 2150673 2150673 0 0 MEMBERSHIP REVENUE 561499 2139699 2139699 0 0 SEMINARS AND MEETINGS 611710 627524 627524 0 0 PROXY FEES/OTHER FOREIGN SUB REV 813920 788180 124609 663571 0 PARTICIPATION FEE 813920 91637 0 91637 0 679866 664975 14891 0 6477579 632186 632186 0 0 0 0 0 18632022 16898996 1733026 1733026 1733026 0 0 0 0 0 0 1875 0 1875 1875 0 8844666 5707480 770099 2367087 12500 0 0 0 2623707 0 6185983 437988 1304128 572651 0 85950 192807 0 0 101471 1937395 453650 238850 1469662 0 889935 1108932 0 2828127 79396 0 111222 268550 FOREIGN OFFICE EXPENSES 992135 UNRELATED BUS. INCOME TAX 23408 FOREIGN SUBSIDY EXPENSE 437794 22356241 1606190 1433592 641966 492702 0 0 3402019 119869 0 0 0 0 0 0 9111 18456 987475 1133782 7873505 1013437 803389 6860068 16104228 9864991 4928425 0 5470109 12862992 0 0 0 0 33952912 32786452 6942127 1319342 0 0 1220398 16869481 0 0 93838 0 0 0 0 0 1500000 3500000 702892 917711 10459255 22606534 X 23493657 10179918 0 0 23493657 10179918 33952912 32786452 X -13511575 928355 -730519 X false true X true false false false true 2139699 299336 -102009 197327 256764 -59437 false true X 0 6383826 6383826 0 890054 547664 342390 0 25575 14587 10988 0 574050 451186 122864 6860068 INVESTMENT IN SUB (CHINA) 1328661 F INVESTMENT IN SUB (MEXICO) 1196970 F INVESTMENT IN SUB (AMT MCLEAN) 9935187 F INVESTMENT IN SUB (BRAZIL) 402174 F 12862992 0 PENSION & POSTRETIREMENT BENEFITS 649745 IMTS SPACE CREDITS 174054 MEMBER TECHNICAL CENTER DEPOSITS 93912 917711 X ESCROW OR CUSTODIAL ACCOUNT LIABILITY SCHEDULE D, PART IV, LINE 2B THE TECH CENTER IN INDIA (CTC) DOES PROXY HIRING FOR MEMBER COMPANIES. THOSE COMPANIES MUST SEND FUNDS IN ADVANCE TO COVER THEIR WAGES, TAXES AND BENEFITS. THOSE FUNDS ARE TRACKED THROUGH ESCROW ACCOUNTS. LIABILITY FOR UNCERTAIN TAX POSITION (ASC 740) SCHEDULE D, PART X, LINE 2 THE ASSOCIATION FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. East Asia and the Pacific 2 11 Program Services Assist Members 346684 Europe (Including Iceland and Greenland) 1 1 Program Services Assist Members 84850 South Asia 1 7 Program Services Assist Members 388667 South America 1 4 Program Services Assist Members North America 2 8 Program Services Assist Members North America Investments 1196970 South Asia Investments 1328661 South America Investments 402174 7 31 7 31 3748006 3748006 true false true false false false ACCOUNTING METHOD USED SCHEDULE F, PART I, LINE 3, COLUMN F THE EXPENDITURES, PER REGION, ARE PRESENTED ON THE ACCRUAL BASIS OF ACCOUNTING. true Nat Inst for Metalworking Skills 3252 Old Lee Highway Fairfax VA 22030 521933455 501(c)(3) 12500 Sustaining Support 1 PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE U.S. SCHEDULE I, PART I, LINE 2 AMT GIVES ASSISTANCE FREQUENTLY FOR SPECIAL EVENTS AND OTHER PROGRAMS. AMT HAS WORKING RELATIONSHIPS WITH EACH CHARITABLE ORGANIZATION AND INFORMALLY MONITORS THE USE OF FUNDS FOR ASSISTANCE THROUGH CONSISTENT INTERACTION. X X true true X X X false false false Douglas K Woods President 422474 0 202800 0 774 0 16800 0 870 0 643718 0 0 0 Rebecca Stahl Chief Financial Officer 265762 0 0 0 270 0 16552 0 640 0 283224 0 0 0 Peter R Eelman VP - Exhibitions & Comm. 323844 0 0 0 1188 0 16731 0 779 0 342542 0 0 0 Jeffery Traver VP - AMO 273258 0 0 0 774 0 9039 0 830 0 283901 0 0 0 Patrick W McGibbon VP - Strategic Analytics 257094 0 24750 0 1188 0 11417 0 2128 0 296577 0 0 0 Travis Eagan VP - Business Development 307689 0 50000 0 0 0 16731 0 779 0 375199 0 0 0 Edward Christopher VP - Global Services 222469 0 21375 0 1188 0 14724 0 640 0 260396 0 0 0 Christine Rasul VP - Membership 226746 0 50000 0 2286 0 13706 0 813 0 293551 0 0 0 TRAVEL FOR COMPANIONS AND GROSS UP PAYMENTS SCHEDULE J, PART I, LINE 1A PRESIDENTIAL SPOUSE'S TRAVEL EXPENSES WERE COVERED BY AMT. PRESIDENTIAL SPOUSE'S TRAVEL REIMBURSEMENT WAS GROSSED UP AND REPORTED AS taxable COMPENSATION TO RECIPIENT. ORGANIZATION'S MISSION FORM 990, PART III, LINE 1 THE ASSOCIATION FOR MANUFACTURING TECHNOLOGY'S MEMBERS STRIVE TO BE GLOBAL LEADERS IN INNOVATING, PRODUCING, AND IMPLEMENTING ADVANCED MANUFACTURING TECHNOLOGY. IN SUPPORT OF ITS MEMBERS, AMT WILL BE AN ACTIVE PARTNER IN THE ADVANCEMENT OF MANUFACTURING TECHNOLOGY AND IN THE SUCCESS OF OUR MEMBERS' BUSINESSES. AS THAT ACTIVE PARTNER, AMT WILL FACILITATE NETWORKING, COLLABORATION, TECHNOLOGY AWARENESS, BUSINESS OPPORTUNITIES, AND PRODUCTIVITY SOLUTIONS. ALSO, WE WILL ADVOCATE FOR A FAVORABLE ENVIRONMENT FOR THE MANUFACTURING TECHNOLOGY INDUSTRY. PROGRAM SERVICE ACTIVITY #1 FORM 990, PART III, LINE 4A IN 2019, AMT PRODUCED IMTS 2018 WHICH WAS HELD IN SEPTEMBER IN CHICAGO FOR THE MANUFACTURING TECHNOLOGY INDUSTRY. TO HELP PROMOTE OUR MEMBERS' SALES INTERNATIONALLY, AMT PARTICIPATES IN VARIOUS FOREIGN SHOWS. IN 2019, THE AMT/USA PAVILION AT CCMT IN SHANGHAI, CHINA WAS A SUCCESS. Additionally, the AMT/USA pavilion at IMTEX Trade Show in India was a success. PROGRAM SERVICE ACTIVITY #2 FORM 990, PART III, LINE 4B AMT CONTINUED ITS EFFORTS INTO MEMBER OUTREACH, HELPING MEMBER COMPANIES FIND NEW MARKETS, NEW CUSTOMERS, AND NEW APPROACHES FOR MARKETING THEIR PRODUCTS AND SERVICES. ALL FOUR ESTABLISHED TECH CENTERS (ONE EACH IN BRAZIL, CHINA, MEXICO AND INDIA) CONTINUE TO ASSIST A GROWING NUMBER OF MEMBER COMPANIES PURSUING INTERNATIONAL MARKETS. AMT ALSO CONDUCTED WEBINARS AND BUSINESS REVIEW DAYS. THE "KEY COUNTRY COMPARISON" PROVIDED UPDATES OF REPRESENTATIVE BUSINESS AND SELLING COSTS IN THE BRIC'S, POLAND, MEXICO AND THE UNITED STATES. THERE WERE ALSO OPPORTUNITIES TO NETWORK AND LEARN FROM FELLOW MEMBERS STATESIDE AT EVENTS LIKE MFG, MT FORECAST AND D19 DISTRIBUTOR CONFERENCE. PROGRAM SERVICE ACTIVITY #3 FORM 990, PART III, LINE 4C AMT CONDUCTS MEETINGS, SEMINARS AND LEADERSHIP FORUMS TO FACILIATE GROWING THE INDUSTRY. GROWING THE INDUSTRY. MEMBERS OR STOCKHOLDERS FORM 990, PART VI, LINE 6 AMT HAS 3 CATEGORIES OF MEMBERS: REGULAR MEMBERS, AFFILIATE MEMBERS, AND START-UP MEMBERS. AMT'S REGULAR MEMBERS HAVE VOTING RIGHTS. MEMBERS: COMPANIES WHICH HAVE, FOR ONE YEAR OR MORE WITHIN THE UNITED STATES, MANUFACTURED, SOLD, AND WARRANTED THE OVERALL OPERATIONAL PERFORMANCE OF NON-PORTABLE, POWER-DRIVEN MANUFACTURING MACHINERY, SYSTEMS, CORRELATED EQUIPMENT PRODUCTS, OR SOFTWARE USED IN THE PROCESSING STEPS FOR PERFORMING OPERATIONS ON MAN-MADE MATERIALS TO PRODUCE DISCRETE DURABLE GOODS. START-UP MEMBERS: FIRMS THAT, FOR LESS THAN ONE YEAR IMMEDIATELY PRECEDING THE DATE OF MEMBERSHIP APPLICATION, PRODUCE AND SELL OR LEASE MACHINE TOOLS OR RELATED EQUIPMENT, PRODUCTS OR SOFTWARE IN THE UNITED STATES. START-UP MEMBERS DO NOT HAVE VOTING PRIVILEGES. AFFILIATE MEMBERS: WITH THE MERGER WITH AMTDA, THIS CATEGORY HAS EXPANDED TO INCLUDE DISTRIBUTORS WHO PAY DUES BUT DO NOT HAVE VOTING PRIVILEGES AS WELL AS ORGANIZATIONS WHICH HAVE ONE OR MORE PROGRAMS STRUCTURED TO AID THE ADVANCEMENT OF THE MANUFACTURING TECHNOLOGY INDUSTRY, USUALLY COLLEGES, UNIVERSITIES AND OTHER RESEARCH FACILITIES; THEY DO NOT PAY ANY DUES, NOR DO THEY HAVE VOTING PRIVILEGES. MEMBERS OR STOCKHOLDERS WHO MAY ELECT FORM 990, PART VI, LINE 7A AND 7B AT LEAST 90 DAYS BEFORE THE ANNUAL MEETING, THE CHAIRMAN SHALL APPOINT A NOMINATING COMMITTEE COMPRISED OF THE THREE MOST RECENT PAST CHAIRMEN OF THE ASSOCIATION THAT REMAIN ACTIVELY EMPLOYED BY OR HAVE RETIRED FROM A MEMBER. THE NOMINATING COMMITTEE SHALL PROPOSE NOMINEES FOR ANY VACANCIES IN THE BOARD OF DIRECTORS TO BE FILLED AT SUCH MEETING. NOMINATIONS MAY ALSO BE MADE BY ANY MEMBER BY SUBMITTING A WRITTEN STATEMENT TO THE NOMINATING COMMITTEE AT THE ASSOCIATION'S PRINCIPAL OFFICE NOT LATER THAN 60 DAYS PRIOR TO THE DATE OF THE ANNUAL MEETING. THE NOMINATING COMMITTEE SHALL SUBMIT THEIR NOMINATIONS TO THE EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO THE ANNUAL MEETING AND IN TIME TO PERMIT NOTICE OF THE NOMINATING COMMITTEE'S NOMINATIONS TO BE MAILED TO THE MEMBERS AT LEAST TEN DAYS PRIOR TO THE ANNUAL MEETING. THE NOMINATIONS SHALL THEREAFTER BE SUBMITTED FOR MEMBERSHIP APPROVAL AT THE ANNUAL MEETING BY AN AFFIRMATIVE MAJORITY VOTE OF THE MEMBERS PRESENT. MEMBERS OF AMT HAVE the POWER TO APPROVE BYLAWS CHANGES. FORM 990 REVIEW PROCESS FORM 990, PART VI, LINE 11B THE FORM 990 IS PREPARED BY AMT'S INDEPENDENT ACCOUNTING FIRM PRIOR TO FILING, THE ORGANIZATION CONDUCTS AN INTERNAL REVIEW OF THE FORM 990 WHICH IS PERFORMED BY THE ORGANIZATION'S MANAGEMENT IN CONJUNCTION WITH ITS ACCOUNTING/FINANCE STAFF. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, LINE 15A & 15B THE PRESIDENT'S SALARY IS CONTROLLED BY INDEPENDENT PERSONS SERVING ON THE COMPENSATION COMMITTEE WHICH IS A SUB-SET OF THE AMT BOARD OF DIRECTORS. ALL OTHER SALARIES ARE CONTROLLED BY THE PRESIDENT. THE SALARIES ARE DETERMINED BY REFERRING TO MARKET SALARY BENCHMARKS. THE PRESIDENT'S ANNUAL SALARY REVIEW IS SIGNED BY THE CURRENT CHAIRMAN OF THE BOARD OF DIRECTORS, ALL OTHER ANNUAL SALARY REVIEWS ARE APPROVED/SIGNED BY THE PRESIDENT OF THE ASSOCIATION. ANNUALLY, ALL SALARIES INCLUDING THE OFFICERS ARE BENCHMARKED USING THREE DIFFERENT SALARY SURVEYS (PRM, HRA, AND ASAE). THE BENCHMARKS ARE SHARED WITH THE PRESIDENT (AND, IN THE CASE OF THE PRESIDENT, ARE SHARED WITH THE COMPENSATION COMMITTEE). THE COMPENSATION COMMITTEE REVIEWS THE BENCHMARK COMPENSATION REPORTS, DELIBERATES AND APPROVES, THEN DOCUMENTS THEIR APPROVAL WHEN SETTING THE PRESIDENT'S TOTAL COMPENSATION. HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC FORM 990, PART VI, LINE 19 AMT MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST TO THE EXTENT REQUIRED BY LAW. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 9 MTCI NET INCOME $(272,767) Investment in Subsidiary $(457,752) --------- Total $(730,519) THE MACHINE TOOL INSTITUTE 7901 JONES BRANCH DRIVE 900 MCLEAN VA 22102 237404368 EDUCATION DC 501(C)(3) 12-Type-I AMT true THE AMT HEALTH BENEFITS TRUST 7901 JONES BRANCH DRIVE 900 MCLEAN VA 22102 546452823 MED BENEFITS DC 501(C)(9) N/A AMT true MTCONNECT INSTITUTE 7901 JONES BRANCH DRIVE 900 MCLEAN VA 22102 264244438 TECH STD/SPEC DC 501(C)(6) N/A AMT true Centro Norteamericano de Technologia 427 Sur Col Altavista MONTERREY MX 64030 MANUFACTURING MX 501(C)(3) N/A AMT true American Manufacturing Tech (Shanghai) 1/F 36 458 N FU TE Road 200131 Shanghai CH Manufacturing CH AMT C Corp -103415 1639325 1.00000 true AMT Brasil Assessoria De Negocios Av Engenheiro Carlos Rein Mendes1 Sorocaba BR Manufacturing BR AMT C Corp 4308 3156662 0.99000 true AMT McLean Inc 7901 Jones Branch Drive 900 McLean VA 22102 464089434 Real Estate DE AMT C Corp 0 6154193 1.00000 true Servicios AMTW S De RL de CV LLC 427 Sur Col Altavista Monterrey MX 64030 Manufacturing MX AMT C Corp 54595 1062144 1.00000 true false false false false false false false false false false false false false true true false false true false AMERICAN MANUFACTURING TECH (SHANGHAI) R 390000 CASH