STRATEGY STUDIO / PUBLIC DATA EXPLORER

AMERICAN BEARING MANUFACTURERS: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
AMERICAN BEARING MANUFACTURERS (EIN 54-1024108)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-07-13
IRS object ID
202201949349301615
Schema version
2021v4.2
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)
Return2022-07-13T14:59:03-04:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN541248882PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Blythe International LtdBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18004 Springfield Village DriveAddressLine1Txt
CitySpringfieldCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22152ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN541024108EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1American Bearing Manufacturers AssociationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAMERBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11001 North Fairfax Street STE 500AddressLine1Txt
CityAlexandriaCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJennifer BlackfordPersonNm
Person TitlePresidentPersonTitleTxt
Phone7036840211PhoneNum
Signature2022-07-13SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJenniferPersonFirstNm
Person LastBlackfordPersonLastNm

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichael B SaylorPreparerPersonNm
PTINP00608550PTIN
Phone7034027970PhoneNum
Preparation2022-07-13PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
OOB Security Verification00OOBSecurityVerificationCd
Authentication Assurance LevelAAL2AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$628,429GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1917FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionTo provide leadership, advocacy and education with a focus on membership value, industry outrerach and issues impacting the Global Bearing Industry.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers14TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$501,257PYContributionsGrantsAmt
CY Contributions Grants$527,979CYContributionsGrantsAmt
PY Program Service Revenue$87,147PYProgramServiceRevenueAmt
CY Program Service Revenue$96,934CYProgramServiceRevenueAmt
PY Investment Income$2,136PYInvestmentIncomeAmt
CY Investment Income$3,413CYInvestmentIncomeAmt
CY Other Revenue$103CYOtherRevenueAmt
PY Total Revenue$590,540PYTotalRevenueAmt
CY Total Revenue$628,429CYTotalRevenueAmt
CY Grants And Similar Paid$5,000CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$481,705PYOtherExpensesAmt
CY Other Expenses$507,643CYOtherExpensesAmt
PY Total Expenses$481,705PYTotalExpensesAmt
CY Total Expenses$512,643CYTotalExpensesAmt
PY Revenues Less Expenses$108,835PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$115,786CYRevenuesLessExpensesAmt
Total Assets BOY$591,628TotalAssetsBOYAmt
Total Assets EOY$602,534TotalAssetsEOYAmt
Total Liabilities BOY$190,917TotalLiabilitiesBOYAmt
Total Liabilities EOY$86,037TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$400,711NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$516,497NetAssetsOrFundBalancesEOYAmt
MissionTo provide leadership, advocacy and education with a focus on membership value, industry outrerach and issues impacting the Global Bearing Industry.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$5,000ExpenseAmt
DescStandards: ABMA publishes a complete set of industry standards for bearings. These standards were either drafted by ABMAs Bearing Technical Committee (BTC) or nationally adopted from the international organization for standardization (ISO). The standards are distributed annually to the member copanies, and are available for purchase for nonmembers. In honor of Professor Tedric A. Harris, ABMA established a program for interns or co-op participants at ABMA member companies in 2011. In 2021, ABMA awarded two $2,500 scholarships to industry interns at member companies.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescAnnual Meeting: The Annual Meeting is held every spring as a joint event with the American Gear Manufacturers Association. The meeting includes numerous networking events, committee meetings, a board meeting, and a number of keynote speakers. Registration is open to employees of ABMA member companies.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescFall Meeting: The ABMA fall meeting is held every fall as a joint venture with the Bearing Specialist Association and includes networking events, committe meetings, a board meeting, and a number of keynote speakers. Registration is open to employees of ABMA member companies.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

DescDesc
Education and Advocacy: ABMA organizes a number of technical education programs throughout the year for engineers that work with bearings. Registration is open to members, who receive special pricing, and non-members. Included in these programs are the following: Lubrication amd Wear: Advanced Concepts is an in-person course taught by AGMA in May. The course is three days long and goes into advanced concepts related to teh lubrication and wear of bearings. Essential concepts of bearing technology is an in-person course taught by ABMA in September. The course is three days long and goes into basic engineering concepts relating to bearings. Advanced concepts of bearing technology is an in-person course taught by ABMA in June. The course is four days long and goes into advanced engineering concepts relating to bearings.
World Bearing Association Partnership: The World Bearing Association (WBA) is a partnership formed by ABMA, the Japanese Bearing Association (JBIA), and the European Bearing Association (FEBMA). The WBA is active in global anti-counterfeiting efforts and industry statistics collection.
FieldValueIRS element (for citing)
Total Program Service Expenses$5,000TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxYes (true)SubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (true)DelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonThe OrganizationPersonNm
Phone7038420030PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11001 N Fairfax Street Suite 500AddressLine1Txt
CityAlexandriaCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeInd
Robert Komasara
Director2.000.00Yes (X)$0$0$0
Matt Frady
Director2.000.00Yes (X)$0$0$0
Tony Richey
Director2.000.00Yes (X)$0$0$0
Eric Ovendorf
Director2.000.00Yes (X)$0$0$0
Evelise Faro
Director2.000.00Yes (X)$0$0$0
Pete Eich
Director2.000.00Yes (X)$0$0$0
Craig Bond
Director2.000.00Yes (X)$0$0$0
Ben Succop
Chairman2.000.00Yes (X)$0$0$0Yes (X)
Chris Coughlin
Past Chair2.000.00Yes (X)$0$0$0Yes (X)
Claus Bauer
Treasurer2.000.00Yes (X)$0$0$0Yes (X)
Gary Bourque
Vice Chairman2.000.00Yes (X)$0$0$0Yes (X)
Jenny Blackford
PresidentSecretary10.000.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Membership Dues$527,979MembershipDuesAmt
Total Contributions$527,979TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Education Programs900099$63,270$63,270
Standards Program900099$33,664$33,664
Insurance Refund900099
FieldValueIRS element (for citing)
Total Program Service Revenue$96,934TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,413TotalRevenueColumnAmt
Related Or Exempt Func Income$3,413RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMiscDesc
Business900099BusinessCd
Total Revenue Column$103TotalRevenueColumnAmt
Related Or Exempt Func Income$103RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$103OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$628,429TotalRevenueColumnAmt
Related Or Exempt Func Income$100,450RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$5,000TotalAmt
Program Services$5,000ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$274,980TotalAmt
Management And General$274,980ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$49,475TotalAmt
Management And General$49,475ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$20,940TotalAmt
Management And General$20,940ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,054TotalAmt
Management And General$2,054ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$27,668TotalAmt
Management And General$27,668ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$7,313TotalAmt
Management And General$7,313ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
WBA Initiatives$52,456$52,456
Dues & Subscriptions$54,540$54,540

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$18,217TotalAmt
Management And General$18,217ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$512,643TotalAmt
Program Services$5,000ProgramServicesAmt
Management And General$507,643ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$281,646BOYAmt
EOY$245,284EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$15,538BOYAmt
EOY$20,844EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,147BOYAmt
EOY$41,696EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$291,297BOYAmt
EOY$294,710EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$591,628BOYAmt
EOY$602,534EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$7,061BOYAmt
EOY$7,935EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$183,856BOYAmt
EOY$78,102EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$190,917BOYAmt
EOY$86,037EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$400,711BOYAmt
EOY$516,497EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$400,711BOYAmt
EOY$516,497EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$591,628BOYAmt
EOY$602,534EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$115,786ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedfalseSubstantiallyAllDuesNondedInd
Only In House LobbyingYes (true)OnlyInHouseLobbyingInd
Agree Carryover Prior YearfalseAgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescTax on uncertain tax positionsDesc
FieldValueIRS element (for citing)
Total Rev Etc Audited Fincl Stmt$628,429TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$628,429RevenueSubtotalAmt
Total Revenue Per Form990$628,429TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$512,643TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$512,643ExpensesSubtotalAmt
Total Expenses Per Form990$512,643TotalExpensesPerForm990Amt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Management duties delegation Part VI line 3Form 990, Part VI, Section A, Line 3:ABMA has an agreement with American Gear Manufacturers Association (AGMA) to manage its operations which renews on an annual basis. Per the agreement, AGMA provides general management, financial servcies, convention and overhead operating services. During the year ended December 31, 2021, total AGMA fees were $274,980. AGMAs performance under this agreement is monitored by the Board of American bearing Manufacturers Associaton.
Members or stockholder classes and rights Part VI line 6The Organization has members.
Member election for additional members Part VI line 7aThe Organizations members elect the governing body.
Form 990 governing body review Part VI line 11A draft copy of the 990 is reviewed and approved by the Governing Body prior to filing.
Conflict of interest policy compliance Part VI line 12cThe Board reviews the conflict of interest policy at board meetings on an annual basis to ensure that there are no violations of the policy, and the Board of Directors are required to sign the confilict of interest policy annually at the 1st BOD meeting.
Governing documents etc available to public Part VI line 19Form 990 is available upon request and also through the website WWW.Guidestar.org.
Not undergone required audits or steps for audit part XII line 3bThe organization did not changed its audit oversight process.