2012-11-08T11:03:44-00:00 2011-12-31 Deloitte Tax LLP 200 Renaissance Center Suite 3900 Detroit MI 48243 990 2011-01-01 380298770 Society of Manufacturing Engineers % Robert Harris SOCI 3134253000 One SME Drive Dearborn MI 481282408 Mark C Tomlinson 3134253000 2012-11-06 true Lori Boyce 3133963000 2012-11-05 2011 2016-03-07 17:11:31Z Mark Tomlinson One SME Drive Dearborn MI 48128 50429638 false X www.sme.org X 1932 MI The Society of Manufacturing Engineers is the worlds leading professional society supporting manufacturing education and the advancement of scientific knowledge in the field of manufacturing through its member programs, publications, expositions and professional development resources. 14 14 217 1000 2672836 0 24840771 43326788 2360345 771949 976943 1269801 28178059 45368538 457704 529327 0 11363911 16219049 0 0 19589813 36455486 31411428 53203862 -3233369 -7835324 63184093 60313846 22651605 29038011 40532488 31275835 X The Society of Manufacturing Engineers mission is to acquire and distribute manufacturing knowledge among its members and the broader manufacturing community. The Societys vision is to be recognized globally as the premier source for manufacturing knowledge, education and networking. false false 27068079 30038429 Expositions - Expositions provide opportunities for manufacturing professionals to expand their knowledge by witnessing the latest technology and production methods in action, networking with industry experts and learning about emerging technologies and industries. The total attendance at SME expositions in 2011 was 77,675. 4860639 4592484 Publications - The Societys many publications provide educational content to our members and others in the manufacturing field. The Manufacturing Engineering magazine and its yearbooks provide timely information about emerging technologies and industries. The total circulation of our Manufacturing Engineering magazine in 2011 was 1,210,375. 3733761 147927 1687741 Membership Programs - The Societys 24,276 members keep up to date on technical and process improvements within the manufacturing field. This is accomplished via local communities where they attend plant tours, conferences, networking and other opportunities to gain leadership skills. SMEs technical communities provide a means for members to solve technical and business challenges. SME focuses on the eight technical communities of Automated Manufacturing Assembly, Forming Fabricating, Industrial Laser, Machining Material Removal, Manufacturing Education Research, Plastics Composites Coatings, Product Process Design and Management, and Rapid Technologies Additive Manufacturing. 7300230 381400 7008134 42962709 true false false false false false false false false true false false false false true false true false true true false false false false false false true false true false false false false false true true true false false false false true true true true false false true 173 0 true 217 true true true true CA false false false false false false false false X 14 14 false false false false true true true true true false true true false true true true true true true true false MI X Robert Harris 3134253000 One SME Drive Dearborn MI 48128 X Dean L Bartles 005.00 X 0 0 0 Warren R Devries 005.00 X 0 0 0 Barbara Fossum 005.00 X 0 0 0 Wayne F Frost 005.00 X 0 0 0 Thomas R Kurfess 005.00 X 0 0 0 Mark L Michalski 005.00 X 0 0 0 Robert R Nesbitt 005.00 X 0 0 0 Richard C Peters 005.00 X 0 0 0 James W Schlusemann 005.00 X 0 0 0 George E West Jr 005.00 X 0 0 0 Paul D Bradley 010.00 X X 0 0 0 LaRoux K Gillespie 010.00 X X 2947 0 0 Dennis S Bray 010.00 X X 0 0 0 Michael F Molnar 010.00 X X 0 0 0 Mark Tomlinson 050.00 X 294815 0 1919 Robert Harris 050.00 X 142302 0 3636 Bart Aslin 000.01 X 191802 0 3266 Gary Baker 050.00 X 150835 0 5299 Deborah Holton 050.00 X 141731 0 3858 Jeannine Kunz 050.00 X 167105 0 220 Greg Sheremet 050.00 X 188597 0 7480 Hamid Farzad 050.00 X 497581 0 7629 Toni Neary 050.00 X 179853 0 5409 Steve Prahalis 050.00 X 180545 0 5014 Daniel Sloan 050.00 X 257508 0 3037 James Vickers 050.00 X 186857 0 3606 2582478 50373 22 false true false Freeman PO Box 650036 Dallas TX 752650036 Convention decorating 2381388 Quadgraphics POBox 98668 Chicago IL 60693 Printing mailing 943901 TMA Resources 1919 Gallows Road Vienna VA 22182 Software implementation 867251 Kuoni Destination 2460 Paseo Verde Henderson NV 89074 Event planning 652425 Marketing General Inc 209 Madison St Alexandria VA 22314 Marketing 378076 29 Expositions 541300 30038429 564021 16000 29458408 Professional Dev Certification Training 611600 6682794 6682794 Conferences 611600 325340 325340 Magazine Subscriptions Advertising 511120 4592484 1935648 2656836 Memberships 541900 1687741 1687741 43326788 807469 807469 1148611 418396 730215 2942000 1130000 3571072 536448 -629072 593552 -35520 -35520 1074770 953580 121190 121190 45368538 11735130 2672836 30960572 527427 527427 0 1900 1900 0 1302864 860192 442672 0 11972722 10645102 1327620 401341 259260 142081 1725337 1495339 229998 816785 707903 108882 0 148039 80306 67733 116274 36228 80046 0 50539 50539 8647637 8561740 85897 1215522 866687 348835 1154191 636247 517944 732169 327997 404172 0 733707 632484 101223 2011139 1912121 99018 0 14184638 14173793 10845 91302 508 90794 0 2413268 423213 1990055 110539 80766 29773 Printing and Publication 632939 632939 Dues 67761 49783 17978 Bad Debts 25774 25774 Change in Unfunded Pension Liability 4095048 4095048 25000 25000 53203862 42962709 10241153 0 1844887 2486163 2627301 2014809 266517 280229 443525 707689 9144339 5878919 891347 3265420 41383371 37727118 15727145 13677555 154863 63184093 60313846 8652777 16413707 7498828 7124304 6500000 5500000 22651605 29038011 X 40532488 31275835 40532488 31275835 63184093 60313846 X -7835324 -1421329 X false true true X false X 0 0.00000 1464585 1465598 1525486 1518148 1687741 7661558 34447442 29386710 27137740 22612387 40459377 154043656 35912027 30852308 28663226 24130535 42147118 161705214 161705214 2204135 2042049 3815004 2028648 1537684 11627520 4946471 3755822 2117420 2137687 2672836 15630236 7150606 5797871 5932424 4166335 4210520 27257756 0 0 43062633 36650179 34595650 28296870 46357638 188962970 0.85580 0.83300 0.14420 0.16700 X false 201829 97470 104359 4452212 3783577 668635 4490298 1997872 2492426 3265420 45368538 53203862 -7835324 -1344626 -76703 -1421329 -9256653 44812556 953580 953580 43858976 49025 1460537 1509562 45368538 54069209 76703 953580 1030283 53038926 49025 115912 164937 53203863 X 2 Financial Statement Footnote J - Uncertain Tax Positions - Accounting standards require disclosure in the financial statements of the impact of uncertain tax positions on the reported tax expense. For the Society and the Foundation, management judgment requiring an evaluation of uncertain tax positions fall in three areas 1. If the Society and the Foundation continue to meet the eligibility requirements for not for profit status in all tax jursdictions where they conduct business. X 2 continued 2. If the Society and Foundation have properly identified all unrelated business income elements subject to tax even with the not for profit status. 3. If the Society and Foundation have properly allocated expenses between jurisdictions and between taxable and non-taxable revenue elements in determining income subject to tax. Management has concluded that there are no tax positions in these financial statements which are more likely than not to fail upon examination by a taxing authority. X 2 continued Therefore, the full tax benefits and consequences of its tax positions have been recorded in these statements. There are no unrecongized tax benefits at December 31, 2011 and 2010. Management is not aware of any positions for which it is reasonably possible that the unrecognized tax benefit will significantly increase or decrease within 12 months of the reporting date. No recent tax year has been closed by an audit by taxing authorities. X 2 continued Therefore all years still open by statute remain open to an audit. Generally at least three years and up to seven years are open. XI 8 -76,703 Remeasurement loss from restated Canadian financial statements XII 2d 953,580 Cost of Sales netted with revenue XII 4b 1,344,626 Net unrealized loss on investments XII 4b 99,548 Expense reimbursements netted with financial statement expenses XII 4b 16,364 Foreign currency translation gain and other revenue netted with financial statement expenses XIII 2c 76,703 Remeasurement loss from restated Canadian financial statements XIII 2d 953,580 Cost of Sales netted with revenue XIII 4b 99,548 Expense reimbursements netted with financial statement expenses XIII 4b 16,363 Foreign currency translation gain and other revenue netted with financial statement expenses true North America 1 11 Program Services Expositions 3882059 1 11 1 11 3882059 3882059 false false false false false false I 2 The Society of Manufacturing Engineers provides assistance to its US and foreign chapters. The amount of the assistance is calculated based on membership renewals from that chapter. Payments are made semi-annually and compliance with requirements is monitored at regular intervals throughout the year. true SME Education Foundation One SME Dr Dearborn MI 48128 382746841 501c3 380400 Education SME Chapters (detail available upon request) One SME Dr Dearborn MI 48128 382951670 501c3 146027 Chapter Support 2 I 2 The Society provides grants to the SME Education Foundation and to its chapters. These organizations further manufacturing engineering education through youth programs, scholarships to selected students, grants to colleges universities. The Societys management participates in the budget setting process of the Foundation, attends SME Education Foundation board meetings, and reviews financial information allowing oversight over the grants by the Foundation chapters. X X X X X false false false true true false false false Mark Tomlinson 268081 26734 1919 296734 Bart Aslin 154939 35880 983 3266 195068 Gary Baker 149317 1518 5299 156134 Jeannine Kunz 156680 10000 425 220 167325 Greg Sheremet 186314 2283 7480 196077 Hamid Farzad 52370 445134 77 7629 505210 Toni Neary 42783 137037 33 5409 185262 Steve Prahalis 179985 560 5014 185559 Daniel Sloan 56963 200417 128 3037 260545 James Vickers 133394 53220 243 3606 190463 I 5b The Society paid a bonus to the Foundation Director. The bonus compensation is part of a multifactor bonus package that pays out a defined amount depending on which factors are met. Certain components of the package are contingent upon the revenues of the Foundation, but no portion of the payment is contingent upon the net earnings of the Society or any related organization. II 4 The Society paid a bonus to the Director of Marketing and Professional Development. The bonus was contingent upon the achievement of specific project management goals. The bonus was not contingent upon the revenue of the Society and no portion of the payment was contingent upon the net earnings of the Society or any related organization. II 6,7,910 The Society paid sales commission incentives to its Tooling University sales staff. The incentives are paid out based on the sales of certain educational products. No portion of the payment is contingent upon the net earnings of the Society or any related organization. Chad Schron Family member of former Director, Jack Schron 165271 Compensation paid to TU Division Mgr false Form 990 Part VII 6,78 --The Society has two distinct classes of members senior members and student members. The senior members have voting rights to elect the governing body and to make any changes to the Society of Manufacturing Engineers constitution. Student members do not have any voting rights, except the right to elect their own officers within their own student chapter. Form 990 Part VI 11b -- A detailed review of the Federal Form 990 was performed by the Director of Finance, the Chief Financial Officer of the Society. When the return was finalized, it was presented to the Executive Director, the Chief Executive Officer, for discussion and review and all comments were addressed. The return was then presented to the audit committee of the Board of Directors, whose responsibility it is to review the return on behalf of the Board. Comments were addressed and the complete return was then signed by the Executive Director/CEO. Form 990 Part VI 12c -- The Society maintains a written conflict of interest policy for its officers, directors, volunteers and employees. The policy requires the annual disclosure by officers and directors of interest that could give rise to conflicts. Exceptions, if any, are evaluated by the Executive Compensation Committee of the Board. Form 990 Part VI 15b -- Benchmark studies have been performed when determining the compensation to be paid for all top management. A third party, Pay Governance, performed an independent assessment using multiple local and national surveys. Target compensation is based on these benchmark studies. The Executive Director/CEO conducts an annual performance review of all top management against previously set objectives. The Executive Compensation Committee conducts an annual performance review for the Executive Director/CEO against previously set objectives. Merit increases are awarded annually by the Executive Compensation Committee for all top management, based on reviews. Executive incentives are awarded based on the Executive Incentive Plan. Form 990 Part VI 19 -- The organization makes its governing documents, conflict of interest policy and financial information available to its members. Form 990 Part XI -- Reconciliation of Net Assets - Other Changes in Net Assets or Fund Balances are comprised of Net Unrealized Losses on Investments of 1,344,626 and a Remeasurement Loss from Restated Canadian Financial Statements of 76,703. Total Other Changes in Net Assets or Fund Balances of 1,421,329. Form 990 Part VII -- Bart Aslin, SME Education Foundation Director, works an average of 50 hours per week on the SME Education Foundation, a subsidiary of the Society of Manufacturing Engineers. Form 990 Part III Program Service Accomplishments Line 4d Other Activities Program Service Expenses 6,226,068, Grants and allocations 0, Revenue 6,682,794 Professional Development Certifications, Assessments Training-- The Society offers a number of industry recognized certifications that document knowledge, skills and abilities within specific job categories or manufacturing processes. Our certification programs provided certifications for 10,440 manufacturing professionals that serve to showcase their accomplishments. In addition, the Society also offers assessment opportunities for the manufacturing engineer to gauge their progress. On-site, on-line, and other hybrid training opportunities offer flexibility and convenience for todays engineer. Tooling University, LLC has an extensive catalog of manufacturing specific content and innovative learning tools, including hundreds of on-line training classes written for metal manufacturers, welders, assemblers, and maintenance professionals. These classes are delivered through Tooling Universitys custom learning management system which provides extensive tracking and reporting capabilities. Tooling University competencies tie the on-line Form 990 Part III Program Service Accomplishments Line 4d Other Activities Program Service Expenses 0, Grants and allocations 0, Revenue 0 curriculum to the hands-on tasks that put the theory to practice and offers customization tools, content-development services and multi-language support to ensure that every person has access to relelvant manufacturing training that meets their specific needs. Form 990 Part III Program Service Accomplishments Line 4d Other Activities Program Service Expenses 692,762, Grants and allocations 0, Revenue 325,340 Technical, Educational Other-- SME provides conferences and training programs for various manufacturing processes, procedures, and materials. These programs range from introductory level courses to in-depth technical and process solutions. During 2011, there were over 700 attendees at their stand alone conferences. The Society offers more than 600 books, CDs and DVDs that educate the professional manufacturer on many topics within the field. The Society also publishes two scholarly, peer-reviewed journals on manufacturing systems and pioneering processes. SME maintains an archive of more than 17,000 technical papers. Our e-newsletters provide timely articles on lean techniques and quality in manufacturing principles. Form 990 Part III Program Service Accomplishments Line 4d Other Activities Program Service Expenses 381,400, Grants and allocations 381,400, Revenue 0 Engineering Education Grants--- Through its SME Education Foundation and other grants, SME inspires youth to pursue careers in manufacturing, supports students studying for a career in an engineering related field through its hands-on programs, college scholarships, and an interactive web site where students can explore manufacturing careers. Form 990, Part III, Line 4d Program Service Expenses 6,226,068, Grants and allocations 0, Revenue 6,682,794 Professional Development Certifications, Assessments Training-- The Society offers a number of industry recognized certifications that document knowledge, skills and abilities within specific job categories or manufacturing processes. Our certification programs provided certifications for 10,440 manufacturing professionals that serve to showcase their accomplishments. In addition, the Society also offers assessment opportunities for the manufacturing engineer to gauge their progress. On-site, on-line, and other hybrid training opportunities offer flexibility and convenience for todays engineer. Tooling University, LLC has an extensive catalog of manufacturing specific content and innovative learning tools, including hundreds of on-line training classes written for metal manufacturers, welders, assemblers, and maintenance professionals. These classes are delivered through Tooling Universitys custom learning management system which provides extensive tracking and reporting capabilities. Tooling University competencies tie the on-line Form 990, Part III, Line 4d Program Service Expenses 0, Grants and allocations 0, Revenue 0 curriculum to the hands-on tasks that put the theory to practice and offers customization tools, content-development services and multi-language support to ensure that every person has access to relelvant manufacturing training that meets their specific needs. Form 990, Part III, Line 4d Program Service Expenses 692,762, Grants and allocations 0, Revenue 325,340 Technical, Educational Other-- SME provides conferences and training programs for various manufacturing processes, procedures, and materials. These programs range from introductory level courses to in-depth technical and process solutions. During 2011, there were over 700 attendees at their stand alone conferences. The Society offers more than 600 books, CDs and DVDs that educate the professional manufacturer on many topics within the field. The Society also publishes two scholarly, peer-reviewed journals on manufacturing systems and pioneering processes. SME maintains an archive of more than 17,000 technical papers. Our e-newsletters provide timely articles on lean techniques and quality in manufacturing principles. Form 990, Part III, Line 4d Program Service Expenses 381,400, Grants and allocations 381,400, Revenue 0 Engineering Education Grants--- Through its SME Education Foundation and other grants, SME inspires youth to pursue careers in manufacturing, supports students studying for a career in an engineering related field through its hands-on programs, college scholarships, and an interactive web site where students can explore manufacturing careers. Form 990 Part VII Section B Line 6,78 --The Society has two distinct classes of members senior members and student members. The senior members have voting rights to elect the governing body and to make any changes to the Society of Manufacturing Engineers constitution. Student members do not have any voting rights, except the right to elect their own officers within their own student chapter. Form 990 Part VI Section B Line 11b -- A detailed review of the Federal Form 990 was performed by the Director of Finance, the Chief Financial Officer of the Society. When the return was finalized, it was presented to the Executive Director, the Chief Executive Officer, for discussion and review and all comments were addressed. The return was then presented to the audit committee of the Board of Directors, whose responsibility it is to review the return on behalf of the Board. Comments were addressed and the complete return was then signed by the Executive Director/CEO. Form 990 Part VI Section B Line 12c -- The Society maintains a written conflict of interest policy for its officers, directors, volunteers and employees. The policy requires the annual disclosure by officers and directors of interest that could give rise to conflicts. Exceptions, if any, are evaluated by the Executive Compensation Committee of the Board. Form 990 Part VI Section B Line 15b -- Benchmark studies have been performed when determining the compensation to be paid for all top management. A third party, Pay Governance, performed an independent assessment using multiple local and national surveys. Target compensation is based on these benchmark studies. The Executive Director/CEO conducts an annual performance review of all top management against previously set objectives. The Executive Compensation Committee conducts an annual performance review for the Executive Director/CEO against previously set objectives. Merit increases are awarded annually by the Executive Compensation Committee for all top management, based on reviews. Executive incentives are awarded based on the Executive Incentive Plan. Form 990 Part VI Section C Line 19 -- The organization makes its governing documents, conflict of interest policy and financial information available to its members. Form 990 Part XI Section 5 -- Reconciliation of Net Assets - Other Changes in Net Assets or Fund Balances are comprised of Net Unrealized Losses on Investments of 1,344,626 and a Remeasurement Loss from Restated Canadian Financial Statements of 76,703. Total Other Changes in Net Assets or Fund Balances of 1,421,329. Form 990 Part VII Section 17 -- Bart Aslin, SME Education Foundation Director, works an average of 50 hours per week on the SME Education Foundation, a subsidiary of the Society of Manufacturing Engineers. Tooling University LLC 3615 Superior Ave Suite 4406C Cleveland OH 44114 043592513 Education Courses OH 5411229 15305644 Society of Manufacturing Engineers SME Education Foundation One SME Drive Dearborn MI 48128 382746841 Charitable MI 501c3 7 N/A true false true false false false false false false false false true false true true false true false false SME Education Foundation b 380400 Based on Cost SME Education Foundation k 26500 Based on Cost SME Education Foundation m 73500 Based on Cost SME Education Foundation n 462821 Based on Cost SME Education Foundation p 446076 Based on Cost Society of Manufacturing Engineers Chapters b 147927 Based on Cost