2024-11-14T15:29:28-06:00 2023-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 3800 GLENWOOD AVE SUITE 200 RALEIGH NC 27612 990 2023-01-01 131068400 MOTOR AND EQUIPMENT MANUFACTURERS ASSOCIATION MOTO 9195494800 PO BOX 13966 RESEARCH TRIANGLE PARK NC 277093966 MIKE BLAWAS CFO 9195494800 2024-11-14 1 0 BREE-ANN WEIDNER P01319397 9197821040 2023 2024-10-15 13:58:12Z BILL LONG PO BOX 13966 RESEARCH TRIANGLE PARK NC 277093966 35088452 0 X WWW.MEMA.ORG X 1904 IL TO FOSTER THE COMMERCIAL INTERESTS OF ITS MEMBERS IN THE MOTOR VEHICLE SUPPLIER INDUSTRY. 15 14 63 46 47354 0 0 0 15952435 17762445 285504 656568 -75402 -81623 16162537 18337390 70835 82000 0 0 9825333 10210614 0 0 0 5885960 6474647 15782128 16767261 380409 1570129 40744706 44638756 14004952 13357053 26739754 31281703 X TO FOSTER THE COMMERCIAL INTERESTS OF ITS MEMBERS IN THE MOTOR VEHICLE SUPPLIER INDUSTRY. 0 0 SEE SCHEDULE OTHE ASSOCIATION PROMOTES THE BUSINESS INTERESTS OF ITS MEMBERS BY: 1. COORDINATING CONSTRUCTIVE DIALOGUE, COOPERATIVE RESEARCH AND STRATEGIC INFORMATION EXCHANGE AMONG THE VARIOUS AUTOMOTIVE AFTERMARKET, HEAVY DUTY, ORIGINAL EQUIPMENT, AND REMANUFACTURING INDUSTRY PARTIPANTS, AND THE GOVERNMENT ENTITIES THAT REGULATE THEM. 2. PROMOTING NETWORKING AND INFORMATION EXCHANGE AMONG THE MEMBERSHIP THROUGH A WIDE RANGE OF CONFERENCES AND EXHIBITIONS THAT FOCUS ON THE MAJOR ISSUES OF IMPORTANCE TO MEMBERS, AND THROUGH COMMITTEES, COUNCILS, FORUMS, PRODUCT LINE GROUPS, AND PEER GROUPS. 3. PROMOTING PUBLIC AWARENESS OF THE IMPORTANCE OF THE AUTOMOTIVE AFTERMARKET, HEAVY DUTY, ORIGINAL EQUIPMENT, AND REMANUFACTURING INDUSTRIES TO THE COMMUNITY AND TO THE COUNTRY WITH STATISTICS ON SALES, EMPLOYMENT, TAXES, EXPORTS, ETC. 4. COORDINATING RESEARCH ON ISSUES OF INTEREST TO THE MEMBERS, DEVELOPING BENCHMARKING INFORMATION, AND CONDUCTING FORUMS ON SPECIFIC ISSUES. 5. DEVELOPING STRATEGIC ALLIANCES WITH OTHER ASSOCIATIONS AND SOCIETIES TO PROMOTE INFORMATION EXCHANGE, THE INTRODUCTION OF COMPANIES, THE PROMOTION OF RELEVANT RESEARCH AND THE HEALTH OF THE INDUSTRY. 6. PROMOTING INCREASED AWARENESS OF THE CAPABILITIES OF FELLOW ASSOCIATION MEMBERS TO ENHANCE BUSINESS TO BUSINESS RELATIONSHIPS. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 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 20 0 1 63 0 1 1 0 0 0 0 0 0 0 X 15 14 1 0 0 0 1 1 0 1 0 0 1 1 1 1 1 1 1 1 1 1 0 X MIKE BLAWAS 9194068806 79 TW ALEXANDER DRIVE BLDG 4501-200 RESEARCH TRIANGLE PARK NC 27709 BILL LONG PRESIDENT & CEO 39.00 1.00 X X 684490 0 52647 JULIE FREAM PRESIDENT & CEO, MEMA ORIGINAL EQUIPMENT SUPPLIERS 40.00 0.00 X 608176 0 54609 ANN WILSON SENIOR V.P., GOV. AFFAIRS 40.00 0.00 X 458048 0 25860 PAUL MCCARTHY PRESIDENT & CEO, MEMA AFTERMARKET SUPPLIERS 40.00 0.00 X 422268 0 50491 JOHN CHALIFOUX COO & CHIEF SUSTAINABILITY OFFICER 40.00 0.00 X 401397 0 61932 BILL FRYMOYER VICE PRESIDENT, PUB. POLIC 40.00 0.00 X 353508 0 21335 COLIN SHAW CHIEF COMMERCIAL VEHICLE OFFICER, MEMA 40.00 0.00 X 282119 0 51238 STEVE HORANEY SENIOR V.P., MEMA ORIGINAL EQUIPMENT SUPPLIERS 40.00 0.00 X 290038 0 32143 CATHERINE BOLAND VICE PRESIDENT, LEGISLATIV 40.00 0.00 X 251375 0 52611 CHRIS GARDNER SENIOR V.P., MEMA AFERMARKET SUPPLIERS 40.00 0.00 X 254611 0 45203 MIKE BLAWAS CFO & SECRETARY 39.00 1.00 X 238857 0 54063 ALEX BOSENBERG VICE PRESIDENT, REGULATORY AFFAIRS 40.00 0.00 X 199638 0 24814 MARC BLACKMAN CHAIRMAN 2.00 1.00 X X 0 0 0 JON HUSBY VICE CHAIR 2.00 1.00 X X 0 0 0 KURK WILKS VICE CHAIR 2.00 1.00 X X 0 0 0 TIM MUSGRAVE DIRECTOR 2.00 1.00 X 0 0 0 ERIC STEINBECHER DIRECTOR 1.00 0.00 X 0 0 0 DOMINIC GROTE DIRECTOR 1.00 0.00 X 0 0 0 JUSTIN GREENBERG DIRECTOR 1.00 0.00 X 0 0 0 PETER BUTTERFIELD DIRECTOR 1.00 0.00 X 0 0 0 CHRIS PRUITT DIRECTOR 2.00 1.00 X 0 0 0 MATT JOY DIRECTOR 1.00 0.00 X 0 0 0 MIKE ALCALA DIRECTOR 1.00 0.00 X 0 0 0 MIKE CARR DIRECTOR 1.00 0.00 X 0 0 0 BRUCE RONNING DIRECTOR 1.00 0.00 X 0 0 0 SANDY STOJKOVSKI DIRECTOR 1.00 0.00 X 0 0 0 4444525 0 526946 25 0 1 0 ARENT FOX LLP 1050 CONNECTICUT AVE NW WASHINGTON DC 20036 LEGAL 412500 MORGAN LEWIS & BOCKIUS LLP 1701 MARKET ST PHILADELPHIA PA 19103 LEGAL 132000 2 MEMBERSHIP DUES AND COUNCIL FEES 900099 8366196 8366196 TRADE SHOWS 611430 6505855 6505855 MEETING REVENUE 900099 2697110 2697110 ADVERTISING REVENUE 513120 46400 46400 146884 145930 954 17762445 996103 996103 16263871 16603406 -339535 -339535 -339535 66033 147656 -81623 -81623 18337390 17715091 47354 574945 82000 3486195 5370632 257251 603828 492708 427500 47992 267703 118118 139606 63296 264478 511050 967624 393076 1816876 9884 391903 85793 COUNCIL EXPENSES 450174 BANK FEES 170152 DUES AND SUBSCRIPTIONS 101687 DATA EXPENSES 6771 240964 16767261 149005 541857 1858948 2193567 650759 531832 3875356 2952718 804097 922638 28607119 33471512 8674778 6977350 40744706 44638756 1489011 1858649 3237024 3933403 9278917 7565001 14004952 13357053 X 26739754 31281703 26739754 31281703 40744706 44638756 1570129 2971820 0 X 0 1 X 1 0 0 0 0 6573020 1368258 1368258 1577525 -209267 7750 5930 1820 2384070 1963372 420698 1483536 983416 500120 922638 DEPOSITS 102708 OPERATING LEASE RIGHT-OF-USE ASSETS 6874642 6977350 OBLIGATION UNDER CAPITAL LEASE 4738 OPERATING LEASE LIABILITIES 7560263 7565001 X 21338748 2971820 2971820 18366928 118118 -147656 -29538 18337390 16796799 147656 147656 16649143 118118 118118 16767261 PART X, LINE 2: THE ASSOCIATION DID NOT RECOGNIZE ANY INTEREST OR PENALTIES RELATED TO INCOME TAX DURING THE YEARS ENDED DECEMBER 31, 2023 AND 2022 AND DID NOT ACCRUE ANY INTEREST OR PENALTIES AS OF DECEMBER 31, 2023 OR 2022. THE ASSOCIATION DID NOT HAVE AN ACCRUAL FOR UNCERTAIN TAX POSITIONS AS DEDUCTIONS TAKEN AND BENEFITS ACCRUED ARE BASED ON WIDELY UNDERSTOOD ADMINISTRATIVE PRACTICES AND PROCEDURES, AND ARE BASED ON CLEAR AND UNAMBIGUOUS TAX LAW. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -147,656. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 147,656. NORTH AMERICA 0 0 PAACE MEXICO EVENT TRADE SHOW 6996 EUROPE 1 0 CONSULTANT FEE MONITOR EUROPEAN AUTOMOTIVE INDUSTRY 5103 EAST ASIA AND THE PACIFIC 0 0 AM CAF COUNCIL ASIAN AFTERMARKET PEER COUNCIL 41379 EUROPE 0 0 HDBF EUROPE COUNCIL EUROPE HEAVY DUTY PEER COUNCIL 3638 1 0 0 0 1 0 57116 0 57116 0 0 0 0 0 0 PART I, LINE 3: ALL AMOUNTS REPORTED IN PART I, LINE 3, COLUMN F ARE FOR EXPENDITURES IN THE REGION FOLLOWING THE ACCRUAL METHOD OF ACCOUNTING. 1 AUTOMOTIVE HALL OF FAME 21400 OAKWOOD BLVD DEARBORN MI 48124 383320345 501(C)(3) 22500 0 RECOGNITION UNIVERSITY OF THE AFTERMARKET FOUNDATION 7101 WISCONSIN AVE NO 1300 BETHESDA MD 20814 431414291 501(C)(3) 26000 0 GENERAL SUPPORT AUTOMOTIVE AFTERMARKET CHARITABLE FOUNDATION 5716 FOLSOM BOULEVARD 149 SACREMENTO CA 95819 621759489 501(C)(3) 30000 0 GENERAL SUPPORT 3 PART I, LINE 2: MEMA ENSURES THAT GRANTS ARE ONLY ISSUED TO ENTITIES WHOSE POSITIVE CONTRIBUTIONS TO THE INDUSTRY ARE UNIVERSALLY RECOGNIZED. THEREFORE, NO MONITORING OF THE USE OF GRANT FUNDS IS DEEMED NECESSARY. X X X 1 1 X X X X 0 0 0 BILL LONG PRESIDENT & CEO 529903 0 139511 0 15076 0 19800 0 32847 0 737137 0 0 0 JULIE FREAM PRESIDENT & CEO, MEMA ORIGINAL EQUIP 490169 0 103082 0 14925 0 19100 0 35509 0 662785 0 0 0 ANN WILSON SENIOR V.P., GOV. AFFAIRS 378667 0 64903 0 14478 0 19800 0 6060 0 483908 0 0 0 PAUL MCCARTHY PRESIDENT & CEO, MEMA AFTERMARKET SU 371112 0 48207 0 2949 0 19800 0 30691 0 472759 0 0 0 JOHN CHALIFOUX COO & CHIEF SUSTAINABILITY OFFICER 322073 0 71393 0 7931 0 18130 0 43802 0 463329 0 0 0 BILL FRYMOYER VICE PRESIDENT, PUB. POLIC 289711 0 60859 0 2938 0 17382 0 3953 0 374843 0 0 0 COLIN SHAW CHIEF COMMERCIAL VEHICLE OFFICER, ME 256510 0 24188 0 1421 0 14711 0 36527 0 333357 0 0 0 STEVE HORANEY SENIOR V.P., MEMA ORIGINAL EQUIPMENT 243531 0 42477 0 4030 0 14833 0 17310 0 322181 0 0 0 CATHERINE BOLAND VICE PRESIDENT, LEGISLATIV 200423 0 49594 0 1358 0 12706 0 39905 0 303986 0 0 0 CHRIS GARDNER SENIOR V.P., MEMA AFERMARKET SUPPLIE 222447 0 23634 0 8530 0 13932 0 31271 0 299814 0 0 0 MIKE BLAWAS CFO & SECRETARY 203153 0 34016 0 1688 0 12924 0 41139 0 292920 0 0 0 ALEX BOSENBERG VICE PRESIDENT, REGULATORY AFFAIRS 187140 0 11849 0 649 0 11400 0 13414 0 224452 0 0 0 PART I, LINE 1A MEMA REIMBURSES ONE OF MEMA'S DIVISIONAL PRESIDENTS FOR CLUB DUES THAT ARE INCLUDED IN TAXABLE COMPENSATION. PERIODICALLY, THE CEO IS REIMBURSED FOR FIRST CLASS AIRFARE FOR BUSINESS TRIPS AND IT IS TREATED AS NONTAXABLE COMPENSATION. MEMA PROVIDES CERTAIN TAXABLE BENEFITS THAT ARE GROSSED UP SO THAT THE RECIPIENT DOESN'T HAVE TO PAY TAXES ON SUCH BENEFITS OUT OF OTHER COMPENSATION. FORM 990, PART VI, SECTION A, LINE 2 MARC BLACKMAN, JON HUSBY, PETER BUTTERFIELD, KURK WILKS, BILL LONG AND MIKE BLAWAS HAD A BUSINESS RELATIONSHIP WITH EACH OTHER. FORM 990, PART VI, SECTION A, LINE 6 MEMA MEMBERS CONSIST OF COMPANIES OF GOOD REPUTE AND SOUND FINANCIAL CONDITION WITH AT LEAST ONE FACILITY IN NORTH AMERICA, ACTUALLY ENGAGED IN THE MANUFACTURE, PRODUCTION, REMANUFACTURING OR FORMULATION OF PRODUCTS OR SERVICES INTEGRAL TO THE MANUFACTURE OF PRODUCTS FOR THE AUTOMOTIVE, HEAVY-DUTY, OFF-HIGHWAY, AIRCRAFT, MARINE, OR RELATED INDUSTRIES. FORM 990, PART VI, SECTION A, LINE 7A OF THE FIFTEEN MAXIMUM BOARD MEMBERS OF MEMA, UP TO FOUR OF THESE POSITIONS ARE ELECTED BY THE 2 GROUP BOARDS (TWO POSITIONS EACH ELECTED BY AM AND OE). FORM 990, PART VI, SECTION A, LINE 8B COMMITTEE MEETINGS ARE NOT FORMALLY DOCUMENTED AT THE TIME THE MEETINGS ARE HELD. COMMITTEE MEETINGS ARE DISCUSSED AT BOARD MEETINGS AND THIS DISCUSSION IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM IS REVIEWED IN DETAIL BY THE SENIOR DIRECTOR OF ACCOUNTING, CFO AND PRESIDENT PRIOR TO FILING. ANY QUESTIONS ARE ADDRESSED AND RESOLVED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED AND SIGNED ANNUALLY BY ANY STAFF MEMBER WITH THE TITLE MANAGER OR ABOVE. ANY VOLUNTEER WITH DECISION MAKING AUTHORITY, BOARD MEMBER AND OFFICER IS TO REVIEW AND SIGN ANNUALLY. THEY ARE TO SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON 1) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; 2) HAS READ AND UNDERSTANDS THE POLICY; 3) HAS AGREED TO COMPLY WITH THE POLICY; 4) UNDERSTANDS THAT MEMA IS A NONPROFIT CORPORATION AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FOLLOWING FULL DISCLOSURE OF A POSSIBLE CONFLICT OF INTEREST, OR ANY CONDITION LISTED ABOVE, THE BOARD OF DIRECTORS SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS AND, IF SO, THE BOARD SHALL VOTE TO AUTHORIZE OR REJECT THE TRANSACTION OR TAKE ANY OTHER ACTION DEEMED NECESSARY TO ADDRESS THE CONFLICT AND PROTECT MEMA'S BEST INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE WITH OVERSIGHT FROM THE MEMA EXECUTIVE COMMITTEE IS RESPONSIBLE FOR 1) EVALUATING THE PERFORMANCE OF THE PRESIDENT AND AWARDING AN APPROPRIATE COMPENSATION PACKAGE; 2) APPROVING ANY EMPLOYMENT, RETENTION AND SEVERANCE AGREEMENT WITH THE PRESIDENT; 3) WITH THE APPROVAL OF THE BOARD OF DIRECTORS, OBTAINING BENCHMARK COMPENSATION DATA FROM AN OUTSIDE CONSULTANT; AND 4) OVERSEEING THE PRESIDENT'S EVALUATION AND COMPENSATION DECISIONS WITH RESPECT TO THE ASSOCIATION'S DIVISIONAL PRESIDENTS. SALARY.COM IS USED TO COMPARE COMPENSATION TO INDUSTRY AVERAGES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. EDUCATIONAL AND RESEARCH FOUNDATION OF MEMA PO BOX 13966 RESEARCH TRIANGLE PARK NC 27706 222463502 RESEARCH NJ 501(C)(3) LINE 12A, I MOTOR AND EQUIPMENT MANUFACTURERS ASSOCIATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0