2022-11-15T12:51:00-06:00 2021-12-31 366055558 GRANT THORNTON LLP 1000 WILSON BOULEVARD SUITE 1400 ARLINGTON VA 22209 990 2021-01-01 520859087 THE ASSOCIATION FOR MANUFACTURING TECHNOLOGY ASSO 7038932900 7901 JONES BRANCH DRIVE 900 MCLEAN VA 22102 REBECCA STAHL CFO 7038932900 2022-11-15 1 REBECCA STAHL 999009999 MARY TORRETTA P00847851 7038477500 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z DOUGLAS K WOODS 7901 JONES BRANCH DRIVE 900 MCLEAN VA 22102 15408489 0 X WWW.AMTONLINE.ORG X 1902 VA TO ENHANCE THE PROFITABILITY AND COMPETITIVENESS OF THE INDUSTRY (CONTINUED ON SCHEDULE O)BY PROVIDING THE PRODUCTS AND SERVICES NEEDED TO BE SUCCESSFUL IN THE GLOBAL MARKETPLACE, AND BY PROMOTING THE INDUSTRY AND SERVING AS ITS ADVOCATE. 11 11 76 13 866462 0 0 0 36336645 5161644 98365 2820360 20503 1770 36455513 7983774 17500 17500 0 0 11558224 11061908 0 0 0 8801395 8090570 20377119 19169978 16078394 -11186204 48482820 46538427 20679781 22464107 27803039 24074320 X THE ASSOCIATION FOR MANUFACTURING TECHNOLOGY'S MEMBERS STRIVE TO BE GLOBAL LEADERS IN INNOVATING, PRODUCING, AND IMPLEMENTING ADVANCED MANUFACTURING TECHNOLOGY. IN SUPPORT OF ITS MEMBERS, AMT WILL BE AN ACTIVE PARTNER IN THE ADVANCEMENT OF MANUFACTURING TECHNOLOGY AND IN THE SUCCESS OF OUR MEMBERS' BUSINESSES. AS THAT ACTIVE PARTNER, AMT WILL FACILITATE NETWORKING, COLLABORATION, TECHNOLOGY AWARENESS, BUSINESS OPPORTUNITIES, AND PRODUCTIVITY SOLUTIONS. ALSO, WE WILL ADVOCATE FOR A FAVORABLE ENVIRONMENT FOR THE MANUFACTURING TECHNOLOGY INDUSTRY. 0 0 SEE SCHEDULE OIN 2021, AMT PRODUCED IMTS SPARK A VIRTUAL OFFERING TO CONNECT EXHIBITORS TO THEIR AUDIENCE. TO HELP PROMOTE OUR MEMBERS' SALES INTERNATIONALLY, AMT PARTICIPATES IN VARIOUS FOREIGN TRADE SHOWS. AMT ALSO SUPPORTS DOMESTIC SALES THROUGH THE MT SERIES OF REGIONAL TRADE SHOWS FOR MFG TECHNOLOGY IN THE U.S. SEE SCHEDULE OAMT CONTINUED ITS EFFORTS INTO MEMBER OUTREACH, HELPING MEMBER COMPANIES FIND NEW MARKETS, NEW CUSTOMERS, AND NEW APPROACHES FOR MARKETING THEIR PRODUCTS AND SERVICES. ALL FOUR ESTABLISHED TECH CENTERS (ONE EACH IN BRAZIL, CHINA, MEXICO AND INDIA) CONTINUE TO ASSIST A GROWING NUMBER OF MEMBER COMPANIES PURSUING INTERNATIONAL MARKETS BY PROVIDING PROXY HIRE SERVICES, OFFICE SPACE, SERVICE TECHNICIANS, AND OTHER SERVICES TO U.S. MEMBERS OPERATING IN THOSE COUNTRIES. SEE SCHEDULE OAMT CONDUCTS MEETINGS, SEMINARS AND LEADERSHIP FORUMS TO SUPPORT AND GROW THE MFG TECHNOLOGY INDUSTRY. 0 0 0 1 0 0 0 0 0 1 0 1 0 1 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 46 0 1 76 1 1 1 1 MX CH IN BR 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 0 1 0 0 1 1 1 1 0 VA X REBECCA STAHL 7038932900 7901 JONES BRANCH DRIVE SUITE 900 MCLEAN VA 221024206 STEVEN R STOKEY EX-OFFICIO (THRU 04/2021) 1.00 1.00 X 0 0 0 CHRISTOPHER BAILEY EX-OFFICIO 1.00 1.00 X 0 0 0 PAUL RICARD CHAIRMAN 1.00 1.00 X X 0 0 0 DANIEL JANKA VICE CHAIRMAN 1.00 1.00 X X 0 0 0 DR JOHN CHEUNG TREASURER (THRU 04/2021) 1.00 1.00 X X 0 0 0 GREGORY BUCK TREASURER & SECRETARY 1.00 1.00 X X 0 0 0 MICHAEL CICCO DIRECTOR 1.00 1.00 X 0 0 0 THOMAS CLARK DIRECTOR 1.00 1.00 X 0 0 0 BLAKE CONSDORF DIRECTOR 1.00 1.00 X 0 0 0 WILLIAM EICHELE DIRECTOR 1.00 1.00 X 0 0 0 GLYNN FLETCHER DIRECTOR 1.00 1.00 X 0 0 0 JOHAN ISRAELSSON DIRECTOR 1.00 1.00 X 0 0 0 GREG VOLOVIC DIRECTOR 1.00 1.00 X 0 0 0 DOUGLAS K WOODS PRESIDENT 35.50 2.00 X 489271 0 34128 REBECCA STAHL CHIEF FINANCIAL OFFICER 35.50 2.00 X 296430 0 25586 PETER R EELMAN CXO AND VP, EXHIBITIONS 37.50 0.00 X 322850 0 31699 PATRICK W MCGIBBON CKO 37.50 0.00 X 362856 0 27512 TRAVIS EAGAN CRO & VP, BUSINESS DEVELOPMENT 37.50 0.00 X 350620 0 38869 JEFFERY TRAVER VP - AMO 37.50 0.00 X 271034 0 36657 RYAN KELLY GM - SF TECH LAB 37.50 0.00 X 255162 0 32219 GEORGE SHINBARA JR CTO 37.50 0.00 X 239529 0 24553 2587752 0 251223 29 0 1 0 COOLEY GODWARD KRONISH LLP 101 CALIFORNIA ST 5TH FL SAN FRANCISCO CA 941115800 LEGAL FEES 463871 PATH TO PROGRESS LLC 14021 BAYPORT LANDING TER MIDLOTHIAN VA 23112 AMS SYSTEMS 298800 GRANT THORNTON LLP 33960 TREASURY CENTER CHICAGO IL 606943900 AUDIT AND TAX 233155 WILLIAM & VALERIE SOBEL LLC 2636 LA CUESTA AVE OAKLAND CA 94611 IT SERVICES 143000 THE CLARO GROUP LLC 123 NORTH WACKER DRIVE CHICAGO IL 60606 LEGAL FEES 136169 6 MEMBERSHIP REVENUE 561499 1953400 1953400 TRADE SHOWS 423830 913010 913010 SEMINARS AND MEETINGS 611710 761903 761903 PROXY FEES/OTHER FOREIGN SUB REV 813920 564412 564412 PARTICIPATION FEE 813920 79933 79933 888986 668744 220242 5161644 213031 213031 10032044 7424715 2607329 2607329 2607329 1875 0 1875 1875 SUBSIDIARY MANAGEMENT 900099 16200 16200 FOREIGN CURRENCY TRANS. LOSS 900099 -16305 -16305 -105 7983774 4297057 866462 2820255 17500 1199964 8113131 271862 966873 510078 284646 202290 100471 1030185 30667 370660 1020228 1053925 445202 2973931 2292 48504 215695 FOREIGN OFFICE EXPENSES 311874 19169978 2937420 1976786 158908 236675 11840734 568117 16634 16634 960828 784117 1269843 969847 576470 299996 11081277 21001093 20910549 21655009 48482820 46538427 2448590 2958108 1925770 18801327 16305421 704672 20679781 22464107 X 27803039 24074320 27803039 24074320 48482820 46538427 X -11186204 1712319 5745166 X 0 1 X 1 0 0 0 1 1953400 230800 -67037 163763 293500 -129737 547664 547664 0 25575 24302 1273 696604 397881 298723 299996 INVESTMENTS IN SUB (SHANGHAI) 1428592 F INVESTMENTS IN SUB (MEXICO) 1196970 F INVESTMENTS IN SUB (BRAZIL) 1054586 F INVESTMENTS IN SUB (MCLEAN) 17974861 F 21655009 PENSION & POSTRETIREMENT BENEFITS 530323 IMTS EXHIBITOR REFUNDS PAYABLE 111992 CTC - MEMBER ESCROW 62357 704672 X PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITION (ASC 740) THE ASSOCIATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. SOUTH AMERICA 0 0 INVESTMENTS 1054586 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 1428593 NORTH AMERICA 0 0 INVESTMENTS 1196970 EAST ASIA AND THE PACIFIC 1 2 PROGRAM SERVICES ASSIST MEMBERS 323041 EUROPE (INCLUDING ICELAND & GREENLAND) 1 1 PROGRAM SERVICES ASSIST MEMBERS 80886 SOUTH ASIA 1 9 PROGRAM SERVICES ASSIST MEMBERS 730021 3 12 0 0 3 12 4814097 0 4814097 1 0 1 0 0 0 PART III ACCOUNTING METHOD: PART I, LINE 3: ACCOUNTING METHOD USED THE EXPENDITURES, PER REGION, ARE PRESENTED ON THE ACCRUAL BASIS OF ACCOUNTING. 1 NATIONAL INSTITUTE OF METAL WORKING SKILLS INC 10565 FAIRFAX BLVD FAIRFAX VA 22030 521933455 501(C)(3) 12500 0 SUSTAINING SUPPORT 1 PART I, LINE 2: PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE U.S. AMT GIVES ASSISTANCE FREQUENTLY FOR SPECIAL EVENTS AND OTHER PROGRAMS. AMT HAS WORKING RELATIONSHIPS WITH EACH CHARITABLE ORGANIZATION AND INFORMALLY MONITORS THE USE OF FUNDS FOR ASSISTANCE THROUGH CONSISTENT INTERACTION. X X 1 1 X X X 0 1 0 DOUGLAS K WOODS PRESIDENT 488083 0 0 0 1188 0 9469 0 24659 0 523399 0 0 0 PATRICK W MCGIBBON CKO 255234 0 0 0 107622 0 7095 0 20417 0 390368 0 0 0 TRAVIS EAGAN CRO & VP, BUSINESS DEVELOPMENT 318500 0 31850 0 270 0 11066 0 27803 0 389489 0 0 0 PETER R EELMAN CXO AND VP, EXHIBITIONS 321662 0 0 0 1188 0 12631 0 19068 0 354549 0 0 0 REBECCA STAHL CHIEF FINANCIAL OFFICER 296160 0 0 0 270 0 13030 0 12556 0 322016 0 0 0 JEFFERY TRAVER VP - AMO 270260 0 0 0 774 0 12039 0 24618 0 307691 0 0 0 RYAN KELLY GM - SF TECH LAB 255000 0 0 0 162 0 11769 0 20450 0 287381 0 0 0 GEORGE SHINBARA JR CTO 239259 0 0 0 270 0 0 0 24553 0 264082 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS AND GROSS UP PAYMENTS PRESIDENTIAL SPOUSE'S TRAVEL EXPENSES WERE COVERED BY AMT. PRESIDENTIAL SPOUSE'S TRAVEL REIMBURSEMENT WAS GROSSED UP AND REPORTED AS TAXABLE COMPENSATION TO RECIPIENT. PART I, LINE 4B: SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN PATRICK W. MCGIBBON RECEIVED A PAYMENT FROM A SUPPLEMENTAL 457(F) RETIREMENT PLAN IN THE AMOUNT OF $106,434. ENTIRE AMOUNT REPORTED ON SCHEDULE J, PART II, COLUMN B(III). THE RETIREMENT PLAN WAS CLOSED SINCE 2009. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS AMT HAS 3 CATEGORIES OF MEMBERS: REGULAR MEMBERS, AFFILIATE MEMBERS, AND START-UP MEMBERS. AMT'S REGULAR MEMBERS HAVE VOTING RIGHTS. MEMBERS: COMPANIES WHICH HAVE, FOR ONE YEAR OR MORE WITHIN THE UNITED STATES, MANUFACTURED, SOLD, AND WARRANTED THE OVERALL OPERATIONAL PERFORMANCE OF NON-PORTABLE, POWER-DRIVEN MANUFACTURING MACHINERY, SYSTEMS, CORRELATED EQUIPMENT PRODUCTS, OR SOFTWARE USED IN THE PROCESSING STEPS FOR PERFORMING OPERATIONS ON MAN-MADE MATERIALS TO PRODUCE DISCRETE DURABLE TECHNOLOGY THE ASSOCIATION FOR MANUFACTURING GOODS (EIN: 52-0859087). START-UP MEMBERS: FIRMS THAT, FOR LESS THAN ONE YEAR IMMEDIATELY PRECEDING THE DATE OF MEMBERSHIP APPLICATION, PRODUCE AND SELL OR LEASE MACHINE TOOLS OR RELATED EQUIPMENT, PRODUCTS OR SOFTWARE IN THE UNITED STATES. START-UP MEMBERS DO NOT HAVE VOTING PRIVILEGES. AFFILIATE MEMBERS: ORGANIZATIONS WHICH HAVE ONE OR MORE PROGRAMS STRUCTURED TO AID THE ADVANCEMENT OF THE MANUFACTURING TECHNOLOGY INDUSTRY, USUALLY COLLEGES, UNIVERSITIES AND OTHER RESEARCH FACILITIES; THEY DO NOT PAY ANY DUES, NOR DO THEY HAVE VOTING PRIVILEGES. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OR STOCKHOLDERS WHO MAY ELECT AT LEAST 90 DAYS BEFORE THE ANNUAL MEETING, THE CHAIRMAN SHALL APPOINT A NOMINATING COMMITTEE COMPRISED OF THE THREE MOST RECENT PAST CHAIRMEN OF THE ASSOCIATION THAT REMAIN ACTIVELY EMPLOYED BY OR HAVE RETIRED FROM A MEMBER. THE NOMINATING COMMITTEE SHALL PROPOSE NOMINEES FOR ANY VACANCIES IN THE BOARD OF DIRECTORS TO BE FILLED AT SUCH MEETING. NOMINATIONS MAY ALSO BE MADE BY ANY MEMBER BY SUBMITTING A WRITTEN STATEMENT TO THE NOMINATING COMMITTEE AT THE ASSOCIATION'S PRINCIPAL OFFICE NOT LATER THAN 60 DAYS PRIOR TO THE DATE OF THE ANNUAL MEETING. THE NOMINATING COMMITTEE SHALL SUBMIT THEIR NOMINATIONS TO THE EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO THE ANNUAL MEETING AND IN TIME TO PERMIT NOTICE OF THE NOMINATING COMMITTEE'S NOMINATIONS TO BE MAILED TO THE MEMBERS AT LEAST TEN DAYS PRIOR TO THE ANNUAL MEETING. THE NOMINATIONS SHALL THEREAFTER BE SUBMITTED FOR MEMBERSHIP APPROVAL AT THE ANNUAL MEETING BY AN AFFIRMATIVE MAJORITY VOTE OF THE MEMBERS PRESENT. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS MEMBERS OF AMT HAVE THE POWER TO APPROVE BYLAWS CHANGES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE FORM 990 IS PREPARED BY AMT'S INDEPENDENT ACCOUNTING FIRM. PRIOR TO FILING, THE ORGANIZATION CONDUCTS AN INTERNAL REVIEW OF THE FORM 990 WHICH IS PERFORMED BY THE ORGANIZATION'S MANAGEMENT IN CONJUNCTION WITH ITS ACCOUNTING/FINANCE STAFF. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE PRESIDENT'S SALARY IS CONTROLLED BY INDEPENDENT PERSONS SERVING ON THE COMPENSATION COMMITTEE WHICH IS A SUB-SET OF THE AMT BOARD OF DIRECTORS. ALL OTHER SALARIES ARE CONTROLLED BY THE PRESIDENT. THE SALARIES ARE DETERMINED BY REFERRING TO MARKET SALARY BENCHMARKS. THE PRESIDENT'S ANNUAL SALARY REVIEW IS SIGNED BY THE CURRENT CHAIRMAN OF THE BOARD OF DIRECTORS, ALL OTHER ANNUAL SALARY REVIEWS ARE APPROVED/SIGNED BY THE PRESIDENT OF THE ASSOCIATION. ANNUALLY, ALL SALARIES INCLUDING THE OFFICERS ARE BENCHMARKED USING A VARIETY OF SALARY SURVEYS. THE BENCHMARKS ARE SHARED WITH THE PRESIDENT (AND, IN THE CASE OF THE PRESIDENT, ARE SHARED WITH THE COMPENSATION COMMITTEE). THE COMPENSATION COMMITTEE REVIEWS THE BENCHMARK COMPENSATION REPORTS, DELIBERATES AND APPROVES, THEN DOCUMENTS THEIR APPROVAL WHEN SETTING THE PRESIDENT'S TOTAL COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC AMT MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST TO THE EXTENT REQUIRED BY LAW. FORM 990, PART XI, LINE 9: CHANGES IN INVESTMENT IN SUBSIDIARIES 5,745,166. THE AMT HEALTH BENEFITS TRUST 7901 JONES BRANCH DRIVE 900 MCLEAN VA 22102 546452823 MED BENEFITS DC 501(C)(9) N/A AMT 1 MTCONNECT INSTITUTE 7901 JONES BRANCH DRIVE 900 MCLEAN VA 22102 264244438 TECH STD/SPEC DC 501(C)(6) N/A AMT 1 CENTRO NORTEAMERICANO DE TECHNOLOGIA 427 SUR COL ALTAVISTA MONTERREY MX 64030 MANUFACTURING MX 501(C)(3) N/A AMT 1 AMERICAN MANUFACTURING TECH (SHANGHAI) 1/F 36 458 N FU TE ROAD SHANGHAI CH 200131 MANUFACTURING CH AMT C 2551816 1421388 1.00000 1 AMT BRASIL ASSESSORIA DE NEGOCIOS AV ENGENHEIRO CARLOS REIN MENDES1 SOROCABA BR MANUFACTURING BR AMT C 8793 218313 0.99000 1 AMT MCLEAN INC 7901 JONES BRANCH DRIVE 900 MCLEAAN VA 22102 464089434 REAL ESTATE DE AMT C 1.00000 1 SERVICIOS AMTW S DE RL DE CV LLC 427 SUR COL ALTAVISTA MONTERREY MX 64030 MANUFACTURING MX AMT C 2496384 540100 0.99000 1 THE MACHINE TOOL INSTITUTE 7901 JONES BRANCH DRIVE 900 MCLEAN VA 22102 237404368 EDUCATION DC AMT C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0