STRATEGY STUDIO / PUBLIC DATA EXPLORER

AMERICAN BEARING MANUFACTURERS: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
AMERICAN BEARING MANUFACTURERS (EIN 54-1024108)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-10-14
IRS object ID
202032889349300308
Schema version
2019v5.1
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)
Return2020-10-14T09:12:55-04:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

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 Begin2019-01-01TaxPeriodBeginDt

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 StreetAddressLine1Txt
CityAlexandriaCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJennifer BlackfordPersonNm
Person TitlePresidentPersonTitleTxt
Phone7036840211PhoneNum
Signature2020-10-14SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichael B SaylorPreparerPersonNm
PTINP00608550PTIN
Phone7034027970PhoneNum
Preparation2020-10-14PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address71.163.172.103IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-10-14IPDt
IP Tm09:13:47IPTm
Federal Original Submission Id5489902020288wsjvcqwFederalOriginalSubmissionId
Federal Original Submission Id2020-10-14FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id357DA2AC7503544E5F9CAE5DEDF92C42EF46FED3AtSubmissionCreationDeviceId
At Submission Filing Device Id357DA2AC7503544E5F9CAE5DEDF92C42EF46FED3AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$664,281GrossReceiptsAmt
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 Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers14TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$410,108PYContributionsGrantsAmt
CY Contributions Grants$513,082CYContributionsGrantsAmt
PY Program Service Revenue$290,842PYProgramServiceRevenueAmt
CY Program Service Revenue$143,031CYProgramServiceRevenueAmt
PY Investment Income$29,442PYInvestmentIncomeAmt
CY Investment Income$8,168CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$730,392PYTotalRevenueAmt
CY Total Revenue$664,281CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
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$893,646PYOtherExpensesAmt
CY Other Expenses$856,810CYOtherExpensesAmt
PY Total Expenses$893,646PYTotalExpensesAmt
CY Total Expenses$856,810CYTotalExpensesAmt
PY Revenues Less Expenses-$163,254PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$192,529CYRevenuesLessExpensesAmt
Total Assets BOY$608,411TotalAssetsBOYAmt
Total Assets EOY$327,294TotalAssetsEOYAmt
Total Liabilities BOY$134,006TotalLiabilitiesBOYAmt
Total Liabilities EOY$35,418TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$474,405NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$291,876NetAssetsOrFundBalancesEOYAmt
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
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 Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescStatistics Programs: ABMA produces quarterly and annual statistics reports based on statistics collected from member companies. These reports are distributed to members.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
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).Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 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.
Fall Meeting: The ABMA fall meeting is held every fall and includes networking events, committee meetings, a board meeting, and a number of keynote speakers. Registration is open to employees of ABMA member companies.
FieldValueIRS element (for citing)
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 FootnoteYes (true)IncludeFIN48FootnoteInd
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 Document2IRPDocumentCnt
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 Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
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 (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeInd
Chris Coughlin
Past Chair5.000.00Yes (X)Yes (X)$0$0$0
Ben Succop
Chairman5.000.00Yes (X)Yes (X)$0$0$0
Gary Bourque
Vice Chairman5.000.00Yes (X)Yes (X)$0$0$0
Jeff Manzagol
Treasurer5.000.00Yes (X)Yes (X)$0$0$0
Craig Bond
Director5.000.00Yes (X)$0$0$0
Claus Bauer
Director5.000.00Yes (X)$0$0$0
Pete Eich
Director5.000.00Yes (X)$0$0$0
Matt Frady
Director5.000.00Yes (X)$0$0$0
Larry Hagood
Director5.000.00Yes (X)$0$0$0
Stuart Jara
Director5.000.00Yes (X)$0$0$0
Robert Komasara
Director5.000.00Yes (X)$0$0$0
Tony Richey
Director5.000.00Yes (X)$0$0$0
Jenny Blackford
PresidentSecretary0.000.00$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

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

FieldValueIRS element (for citing)
PersonSmithBucklin CorporationPersonNm

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line12025 M Street NW Ste 800AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
ServicesManagementServicesDesc
Compensation$343,772CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Membership Dues$513,082MembershipDuesAmt
Total Contributions$513,082TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Education Programs900099$99,318$99,318
Standards Program900099$34,943$34,943
Fall Meeting900099$8,770$8,770
FieldValueIRS element (for citing)
Total Program Service Revenue$143,031TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,168TotalRevenueColumnAmt
Related Or Exempt Func Income$8,168RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$664,281TotalRevenueColumnAmt
Related Or Exempt Func Income$151,199RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$343,772TotalAmt
Management And General$343,772ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$117,643TotalAmt
Management And General$117,643ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$10,850TotalAmt
Management And General$10,850ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$981TotalAmt
Management And General$981ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$24,571TotalAmt
Management And General$24,571ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$14,233TotalAmt
Management And General$14,233ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$9,185TotalAmt
Management And General$9,185ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
Food & Beverage$104,547$104,547
WBA Initiatives$87,374$87,374
Dues & Subscriptions$59,806$59,806
Instructor Fees$30,017$30,017

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$53,831TotalAmt
Management And General$53,831ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$856,810TotalAmt
Program Services$0ProgramServicesAmt
Management And General$856,810ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$45,033BOYAmt
EOY$21,414EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$154,425BOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,770BOYAmt
EOY$11,617EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,961BOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$398,822BOYAmt
EOY$288,863EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,400BOYAmt
EOY$5,400EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$608,411BOYAmt
EOY$327,294EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$101,652BOYAmt
EOY$32,418EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$32,354BOYAmt
EOY$3,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$134,006BOYAmt
EOY$35,418EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$474,405BOYAmt
EOY$291,876EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$474,405BOYAmt
EOY$291,876EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$608,411BOYAmt
EOY$327,294EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$192,529ReconcilationRevenueExpnssAmt
Prior Period Adjustments$10,000PriorPeriodAdjustmentsAmt
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 Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescDepositsDesc
Book Value$5,400BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$5,400TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescTax on uncertain tax positionsDesc
FieldValueIRS element (for citing)
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$674,281TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$674,281RevenueSubtotalAmt
Total Revenue Per Form990$674,281TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$856,810TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$856,810ExpensesSubtotalAmt
Total Expenses Per Form990$856,810TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFootnote for uncertain tax position under FIN 48 (Part X)FormAndLineReferenceDesc
ExplanationABMA believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements or that would have an effect on its tax-exempt status. There are no unrecognized tax benefits or liabilities that need to be recorded.ExplanationTxt

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 Smithbucklin Corporation to manage its operations which renews on an annual basis. Per the agreement, Smithbucklin, Inc. provides general management, financial servcies, convention and overhead operating services. During the year ended December 31, 2019, total Smithbucklin Corporation fees were $343,772, which were broken down as follows: Management and headquarter - $223,379, Administrative services - $120,393. Smithbucklins performance under this agreement is monitored by the Board of American bearing Manufacturers Associaton and was terminated October 16, 2019.
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, however, a new audit firm was selected for the 2019 tax year.