2016-10-14T06:21:48-05:00 2016-05-31 390758449 Wipfli LLP 7601 France Avenue South Suite 400 Minneapolis MN 55435 990 2015-06-01 410434680 Industrial Fabrics Association International INDU 6512222508 1801 County Road B West Roseville MN 551134061 Mary Hennessy President & CEO 6512222508 2016-10-13 1 Lisa Desotelle CPA P00952721 9525483400 2016-10-13 2015 2017-02-10 21:41:12Z IFAI Mary Hennessy 1801 County Road B West Roseville MN 551134061 9616686 0 X www.ifai.com X 1912 MN Provide trade association services to the members of the specialty fabrics marketplace. 11 11 75 100 3479992 0 0 0 8689075 8559213 286375 253307 25685 31542 9001135 8844062 11350 19572 0 0 4226572 4043863 0 0 0 4336810 4682709 8574732 8746144 426403 97918 7294312 7306966 4474759 4757670 2819553 2549296 X IFAI WILL CONTRIBUTE TO THE PROSPERITY OF THE SPECIALTY FABRICS INDUSTRY BY PROVIDING A GLOBAL MARKETPLACE FOR INNOVATIVE PRODUCTS AND SERVICES, RELEVANT EDUCATION, PROMOTION AND NETWORKING OPPORTUNITIES. IFAI WILL ACT WITH INTEGRITY AND PROFESSIONALISM IN PROVIDING A TANGIBLE VALUE TO ITS MEMBERS. 0 0 Membership:IFAI membership consists of general membership dues and IFAI division and country memberships which are specific to the group and not part of IFAI general revenues. Conferences:IFAI events include the IFAI Expo America's, IFAI Geosynthetics Expo and Advanced Textiles Conference. Other IFAI division and country events are specific to the group and not part of IFAI general revenues. PUBLICATIONS: IFAI PUBLISHES FOUR TRADE MAGAZINES ALONG WITH A MEMBER DIRECTORY, BUYER'S GUIDES AND EXPOSITION GUIDES. THE ORGANIZATION HAS ALSO EXPANDED INTO DIGITAL PUBLICATIONS. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 75 0 1 75 1 1 1 0 0 0 1 1 0 X 11 11 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X Mary Hennessy 6512222508 1801 County Road B West Roseville MN 55113 Amy Bircher Director 3.00 X 0 0 0 Dennis Bueker Director 3.00 X 0 0 0 Gifford Del Grande Director 3.00 X 0 0 0 Scott Massey Director 3.00 X 0 0 0 Leib Oehmig Director (Thru October) 3.00 X 0 0 0 Boyd Ramsey Director (Thru May) 3.00 X 0 0 0 Brian Rowinski Director 3.00 X 0 0 0 Robert L Rosania Director 3.00 X 0 0 0 Jeffrey P Sponseller Director (Thru October ) 3.00 X 0 0 0 Craig Zola Director 3.00 X 0 0 0 Katie Bradford Chairman of the Board 5.00 X X 0 0 0 Steven Ellington 1st Vice Chairman 3.00 X X 0 0 0 Kathy Schaefer 2nd Vice Chairman 3.00 X X 0 0 0 David Clarke Immediate Past Chairman 3.00 X X 6000 0 0 Kevin Yonce Immediate Past Chairman (Thru October) 3.00 X X 0 0 0 Mary Hennessy President & CEO 37.50 X 215748 0 5593 Sheila Sumner Dir. Finance & Tech Srvcs 35.00 X 78847 0 9622 Andrew Aho V.P. Operations 37.50 X 107680 0 4243 Steve Schiffman V.P. Media & Sales 37.50 X 105647 0 7688 513922 0 27146 3 0 1 0 Royle Printing Co 745 Bird Street Sun Prairie WI 53590 Publishing Services 517540 Abila Inc PO Box 123395 Dallas TX 75312 Software & Services 225421 Whitmer & Worrall LLC 1901 Pennsylvania Avenue Northwest Washington DC 20006 Lobbying Services 203497 Pongos Interactive LLC 2147 Priest Bridge Drive Crofton MD 21114 Website Development 142703 Brede-Minneapolis Inc 2211 Broadway Street NE Minneapolis MN 55413 Expo Services 138508 9 Advertising & Publication 541800 3509284 29292 3479992 Conferences 611430 2805975 2805975 Membership dues 900099 2243954 2243954 8559213 62189 62189 549 549 963486 763153 9215 200333 -9215 191118 191118 4151 256 3895 3895 Deferred Tax Credit 900099 3600 3600 23498 23498 27098 8844062 5083116 3479992 280954 19572 565041 2782156 72428 329997 294241 316897 28157 435005 432966 965019 253176 299300 353930 1242378 4456 198318 Editorial 97522 Dues & Subscriptions 14294 Circulation 13046 Bad Debt Expense 3830 24415 8746144 517529 438249 321861 14220 455771 448454 8019 25905 189189 325608 3863706 1461839 1903808 2401867 3799291 3584863 98844 67800 7294312 7306966 667042 666244 3807717 4091426 4474759 4757670 X 2819553 2549296 2819553 2549296 7294312 7306966 97918 -368175 0 X 0 1 X 1 0 0 0 0 2243954 316897 316897 336593 -19696 141000 141000 1757352 759748 997604 688847 452729 236118 1276507 249362 1027145 2401867 X 8443530 -368175 256 -367919 8811449 32613 32613 8844062 8713787 256 256 8713531 32613 32613 8746144 Part X, Line 2: IFAI ASSESSES WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. Part XI, Line 2d - Other Adjustments: Cost of goods sold 256. Part XI, Line 4b - Other Adjustments: Investment Expense 32,613. Part XII, Line 2d - Other Adjustments: Cost of goods sold 256. Part XII, Line 4b - Other Adjustments: Investment Interest Expense 32,613. Japan 0 1 Membership services Japan Membership Division, meetings, and Expo 1760 China 0 1 Membership Services Membership services and meetings 107475 New Zealand 0 1 Membership Services Membership Services 0 3 0 0 0 3 109235 0 109235 0 0 0 0 0 0 1 Industrial Fabrics Foundation 1801 County Road B West Suite 201 Roseville MN 55113 522164483 501(c)(3) 6500 To provide operational support for IFF. 1 0 Part I, Line 2: The organization makes contributions to the Industrial Fabrics Foundation to assist with operational support. The amounts are determined by the organization's officers and monitored carefully. X X X 0 0 0 Mary Hennessy President & CEO 166548 0 49200 0 0 0 4185 0 1408 0 221341 0 0 0 Form 990, Part VI, Section A, line 2 As a trade association, members routinely do business with other members of the association. The association's Board of Directors are employed by member companies. Form 990, Part VI, Section A, line 6 The organization has four membership classifications in the Association: General, Individual, Affiliate and Honored Life Members. General Members: Any company or organization whose primary business objective is to supply goods or services used by an end product manufacturer. Also, any company or organization whose primary business objective is the manufacture, sale or rental of products made in whole or in part from industrial/technical fabrics. Individual Members: An individual who wishes to buy a membership. Affiliate Members: Other associations, publications, accredited post-secondary institutions and government agencies. Honored Life Members: Any individual, by approval and at the discretion of the Board of Directors, can be granted the designation. The honor may be bestowed on an individual who is a longstanding End Product Manufacturer or Supplier member of the Association who also meets two other qualifications documented in the bylaws. Form 990, Part VI, Section A, line 7a The general membership of the organization has the right to elect directors to the governing body. Form 990, Part VI, Section A, line 7b The General members vote on any board elections and all bylaw changes. Form 990, Part VI, Section B, line 11 The Form 990 is reviewed by the CFO and then presented to the president. The president reviews and signs the form 990 before submission to the Internal Revenue Service. Form 990, Part VI, Section B, line 12c A written monitoring policy is periodically reviewed by the board. When a conflict arises, it is initially reported to the Chairman. Once it is reported, two-thirds affirmative vote of board members present decide if it is a conflict. If a board member has a conflict they are to abstain from voting. If a member does not disclose a conflict the board has the option to remove the board member for violating the policy. Form 990, Part VI, Section B, line 15 Compensation for the President & CEO is determined by Human Resources Benchmarking and then reviewed and approved by the Board of Directors. Other Officer and top management compensation is determined by human resource benchmarking, market circumstances and with final decision by the President & CEO. Form 990, Part VI, Section C, line 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENS AVAILABLE TO THE PUBLIC. Technical Fabrics Association Management Group Inc 1801 County Road B West Roseville MN 551134061 411695677 Management Consulting Services for Trade Associations MN Industrial Fabrics Association International C 4 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Part IV, Related Organization Taxable as a Corporation or Trust Technical Fabrics Association Management Group, Inc. was dissolved during the 2015 tax year.