2025-01-30T08:34:29-06:00 2024-04-30 331498605 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2023-05-01 382274542 NATIONAL TRUCK EQUIPMENT ASSOCIATION NATI 2484897090 37400 HILLS TECH DRIVE FARMINGTON HILLS MI 483313414 STEPHEN T CAREY PRESIDENT/CEO 2484897090 2025-01-27 1 1 DAVID LOWENTHAL P00378651 3122071040 2025-01-27 2023 2025-03-06 01:10:19Z NTEA STEPHEN T CAREY 37400 HILLS TECH DRIVE FARMINGTON HILLS MI 483313414 20769583 0 X WWW.NTEA.COM X 1979 MI PROMOTE GENERAL GOODWILL AND PUBLIC RELATIONS OF TRUCK EQUIPMENT MANUFACTURERS AND DISTRIBUTORS, ADVOCATE HIGH STANDARDS OF SERVICE, QUALITY AND CONDUCT, IMPROVE KNOWLEDGE AND EFFICIENCY, PROMOTE SAFETY, EDUCATE MEMBERS, REPRESENT INDUSTRY WITH REGARD TO LEGISLATIVE AND REGULATORY ISSUES, AND DEVELOP PERFORMANCE STANDARDS. 13 13 28 13 725108 29151 0 0 11927882 13059025 984417 1260955 193559 192367 13105858 14512347 0 0 0 0 4321281 4947021 0 0 0 5357104 5865946 9678385 10812967 3427473 3699380 30663356 35220111 3525708 3609736 27137648 31610375 NTEA EXISTS TO FURTHER THE KNOWLEDGE, GROWTH AND PROFITABILITY OF THE WORK TRUCK INDUSTRY. 0 0 THE ORGANIZATION ORGANIZES AN ANNUAL TRADE SHOW. INCOME FROM THE SHOW IS DERIVED PRIMARILY FROM THE SALE OF EXHIBIT SPACE AND REGISTRATION FEES CHARGED TO ATTENDEES. THE ASSOCIATION SELLS MISCELLANEOUS ITEMS, PRIMARILY TO MEMBERS. THESESALES ARE CONSIDERED UNRELATED BUSINESS INCOME. THE ASSOCIATION CONDUCTS SURVEYS OF MEMBERS AND OFFERS SEMINARS TO MEMBERS ON CURRENT REGULATORY, LEGISLATIVE AND LEGAL ISSUES. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 47 0 1 28 1 1 1 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X X STEPHEN T CAREY 2484897090 37400 HILLS TECH DRIVE FARMINGTON HILLS MI 48331 STEPHEN T CAREY PRESIDENT/CEO/SECRETARY 40.00 0.00 X 543020 0 79787 MICHAEL E KASTNER MANAGING DIRECTOR 40.00 0.00 X 523815 0 41573 KEVIN KOESTER MANAGING DIRECTOR 40.00 0.00 X 199674 0 25413 STEPHEN SPATA SR. TECHNICAL ASSISTANCE DIRECTOR 40.00 0.00 X 140957 0 40519 CAROLE VARTANIAN CONTROLLER 32.00 0.00 X 152985 0 20017 STEPHEN LATIN-KASPER SR DIR. OF MARKET DATA & RESEARCH 40.00 0.00 X 139306 0 18196 JASON RITCHEY FIRST VICE CHAIR 1.50 0.00 X X 0 0 0 DAVID J SCHEITLIN BOARD CHAIR 1.50 0.00 X X 0 0 0 BEN WINTER SECOND VICE CHAIR 1.50 0.00 X X 0 0 0 RICK ALBERTINI THIRD VICE CHAIR/TREASURER 1.50 0.00 X X 0 0 0 MIKE RANDOLPH DIRECTOR 1.50 0.00 X 0 0 0 PAT GODWIN JR DIRECTOR 1.50 0.00 X 0 0 0 CHRIS WEISS DIRECTOR 1.50 0.00 X 0 0 0 TJ BLANDFORD DIRECTOR 1.50 0.00 X 0 0 0 JOE LEWIS DIRECTOR 1.50 0.00 X 0 0 0 TOD MOUW DIRECTOR 1.50 0.00 X 0 0 0 MARC ELLISON DIRECTOR 1.50 0.00 X 0 0 0 BRIAN TABEL DIRECTOR 1.50 0.00 X 0 0 0 DAVE ZELIS DIRECTOR 1.50 0.00 X 0 0 0 1699757 0 225505 15 0 1 0 RSM US LLP 4650 E 53RD ST DAVENPORT IA 52807 IT CONSULTING 377167 RIZER LLC 31001 SCHOOLCRAFT RD LIVONIA MI 48150 COMMERCIAL CONSTRUCTION MGMT 369403 LMN DEV SPE LLC 7000 KALAHARI DR SANDUSKY OH 44870 FOOD/CONVENTION SVCS 144348 BAKER & MILLER PLLC 2401 PENNSYLVANIA AVE NW300 WASHINGTON DC 20037 LEGAL SERVICES 101955 4 TRADE SHOW/CONFERENCE REVENUE 900099 9653305 9653305 MEMBERSHIP DUES 900099 2626189 2626189 ADVERTISING REVENUE 541800 634676 634676 OPERATIONS INCOME 900099 94437 30437 64000 PRODUCT REVENUE 900099 41551 41551 8867 1887 6980 13059025 1334988 19452 1315536 192367 192367 6183203 6256366 870 -73163 -870 -74033 -74033 14512347 2658513 725108 11128726 622806 3436088 334306 295494 258327 123851 49000 171874 71720 82612 295430 39296 458615 174500 257956 3610439 108990 92902 FEES 118729 PERSONNEL EXPENSES 111813 COMMUNICATIONS 59012 PRODUCT COSTS 35173 4034 10812967 522975 648817 9858059 11070476 444578 650016 8533 1613 375037 337609 4521507 1411390 2041616 3110117 17407058 19395963 1000 1000 4500 4500 30663356 35220111 1380409 1348898 1460186 1631860 685113 628978 3525708 3609736 X 27137648 31610375 27137648 31610375 30663356 35220111 3699380 773347 0 X 0 1 X 1 0 0 0 1 2626189 160000 36607 196607 341405 -144798 PART I-A, LINE 1: THE ORGANIZATION DID NOT PARTICIPATE IN POLITICAL CAMPAIGN ACTIVITIES 1231773 1231773 1844359 997416 846943 500354 413974 86380 945021 945021 3110117 AFFILIATE MEMBER DEPOSITS 394867 DEFERRED EMPLOYEE RETENTION PLAN LIABILITY 234111 628978 X PART X, LINE 2: NATIONAL TRUCK EQUIPMENT ASSOCIATION IS A NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM TAX UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(6). WORK TRUCK SERVICES, INC. AND TRUCK CERTIFICATION SERVICES, INC. ARE BOTH TAXED AS CORPORATIONS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ENTITIES AND RECOGNIZE A TAX LIABILITY IF THE ENTITIES HAVE TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THESE ENTITIES AND HAS CONCLUDED THAT, AS OF APRIL 30, 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ENTITIES ARE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 1 1 PROGRAM SERVICES WORK TRUCK TECHNICAL, REGULATORY, AND TRAINING SUPPORT 73344 1 1 0 0 1 1 73344 0 73344 0 0 0 0 0 0 X 1 1 X X X 0 1 0 STEPHEN T CAREY PRESIDENT/CEO/SECRETARY 392394 0 150626 0 0 0 59400 0 20387 0 622807 0 0 0 MICHAEL E KASTNER MANAGING DIRECTOR 256084 0 267731 0 0 0 39600 0 1973 0 565388 0 0 0 KEVIN KOESTER MANAGING DIRECTOR 167375 0 32299 0 0 0 23960 0 1453 0 225087 0 0 0 STEPHEN SPATA SR. TECHNICAL ASSISTANCE DIRECTOR 126957 0 14000 0 0 0 18236 0 22283 0 181476 0 0 0 CAROLE VARTANIAN CONTROLLER 120686 0 32299 0 0 0 18358 0 1659 0 173002 0 0 0 STEPHEN LATIN-KASPER SR DIR. OF MARKET DATA & RESEARCH 131306 0 8000 0 0 0 16724 0 1472 0 157502 0 0 0 PART I, LINE 1A AIRFARE EXPENSES FOR SPOUSES OF THE CEO/MANAGING DIRECTOR ARE COVERED FOR TRAVEL RELATING TO SUMMER BOARD MEETING. THIS IS NOT TREATED AS TAXABLE INCOME. PART I, LINE 4B STEPHEN CAREY, MICHAEL KASTNER AND KEVIN KOESTER PARTICIPATE IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. AMOUNTS VEST 50% ON MAY 1ST FOLLOWING THE 5TH YEAR OF PLAN PARTICIPATION, ASSUMING THE EMPLOYEE IS STILL EMPLOYED BY NTEA AND IS PAID OUT WITHIN 60 DAYS OF THE VESTING DATE. THE REMAINING 50% VESTS WHEN THE EMPLOYEE REACHES AGE 62. THE AGREEMENT IS SIGNED BY THE EMPLOYEE AND THE CURRENT CHAIR OF THE BOARD OF DIRECTORS AT THE TIME OF EXECUTION. TWO RETENTION PAYMENTS WERE MADE IN JUNE OF 2023 AND ONE IN SEPTEMBER OF 2023, AS FOLLOWS: JUNE - STEPHEN CAREY - $25,288.66 MICHAEL KASTNER - $17,063.79 SEPTEMBER- MICHAEL KASTNER - $218,368.18 FORM 990, PART I, ITEM C DBA: N.T.E.A. - THE ASSOCIATION FOR THE WORK TRUCK INDUSTRY FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION HAS APPROXIMATELY 2,180 MEMBERS IN THREE CLASSES: DISTRIBUTOR, MANUFACTURER, AND ASSOCIATE. FORM 990, PART VI, SECTION A, LINE 7A THE ASSOCIATION SHALL ANNUALLY REQUEST ITS MEMBERS TO SUBMIT THE NAMES OF QUALIFIED CANDIDATES FOR NOMINATION AS DIRECTOR. FROM THE NAMES SUBMITTED BY THE MEMBERS AND SUCH OTHER CANDIDATES AS IT MIGHT DEVELOP, THE BOARD OF DIRECTORS SHALL NOMINATE A QUALIFIED PERSON (OR PERSONS) FOR EACH VACANCY. THE SECRETARY SHALL PREPARE AND (ELECTRONICALLY) DISTRIBUTE TO THE MEMBERS A BALLOT CONTAINING THE NAMES OF THE NOMINEES. ALL COMPLETED BALLOTS RECEIVED BY THE SECRETARY AT LEAST SIXTY DAYS PRIOR TO THE ANNUAL MEETING SHALL BE DEEMED VALID. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 IS REVIEWED BY THE PRESIDENT/CEO AND CONTROLLER PRIOR TO BEING SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. ANY FINDINGS ARE ADDRESSED ACCORDING TO THE WRITTEN POLICY. ON A CONFLICT OF BUSINESS INTEREST, BOARD MEMBERS HAVE A RESPONSIBILITY TO DISCLOSE THE CONFLICT AND CANNOT TAKE PART IN THE DECISION/VOTE ON ANY ISSUE. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT/CEO'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE. THE COMMITTEE USES COMPENSATION SURVEYS FROM THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES, MICHIGAN SOCIETY OF ASSOCIATION EXECUTIVES AND OTHER COMPENSATION STUDIES. THE DECISIONS OF THE EXECUTIVE COMMITTEE ARE DOCUMENTED IN THE MINUTES AND IN THE PRESIDENT/CEO'S PERSONNEL FILE. FORM 990, PART VI, SECTION C, LINE 19 THE ARTICLES OF INCORPORATION FOR THE ASSOCIATION ARE AVAILABLE ON THE STATE OF MICHIGAN WEBSITE. THE BYLAWS OF THE ASSOCIATION ARE AVAILABLE ON THE ASSOCIATION WEBSITE. THE ORGANIZATION'S ANNUAL REPORT WHICH INCLUDES A SUMMARY BALANCE SHEET AND INCOME STATEMENT IS ELECTRONICALLY AVAILABLE TO ALL MEMBER COMPANIES ON THE ASSOCIATION WEBSITE. WORK TRUCK SERVICES INC 37400 HILLS TECH DRIVE FARMINGTON HILLS MI 48331 824448725 DATA COLLECTION MI NATIONAL TRUCK EQUIPMENT ASSOCIATION C -43268 212043 1.00000 1 TRUCK CERTIFICATION SERVICES INC 37400 HILLS TECH DRIVE FARMINGTON HILLS MI 48331 831532285 SOFTWARE PROVIDER MI NATIONAL TRUCK EQUIPMENT ASSOCIATION C 33278 554212 0.70000 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 WORK TRUCK SERVICES INC D 236866 FMV OF FUNDS LOANED TRUCK CERTIFICATION SERVICES INC O 64000 AMOUNT PAID WORK TRUCK SERVICES INC A 19452 AMOUNT RECEIVED