2015-10-13T10:36:04-05:00 2015-05-31 390758449 WIPFLI LLP 7601 FRANCE AVENUE SOUTH SUITE 400 MINNEAPOLIS MN 55435 990 2014-06-01 410434680 INDUSTRIAL FABRICS ASSOCIATION INTERNATIONAL INDU 6512222508 1801 COUNTY ROAD B WEST ROSEVILLE MN 551134061 MARY HENNESSY PRESIDENT & CEO 6512222508 2015-10-05 1 LISA DESOTELLE CPA P00952721 9525483400 2015-10-05 2014 2016-02-25 16:41:14Z IFAI MARY HENNESSY 1801 COUNTY ROAD B WEST ROSEVILLE MN 551134061 9149733 0 X WWW.IFAI.COM X 1912 MN THE INDUSTRIAL FABRICS ASSOCIATION INTERNATIONAL (IFAI) IS A NOT-FOR-PROFIT TRADE ASSOCIATION COMPRISED OF MEMBER COMPANIES REPRESENTING THE INTERNATIONAL SPECIALTY FABRICS MARKETPLACE. MEMBER COMPANIES RANGE IN SIZE FROM ONE-PERSON SHOPS TO MULTINATIONAL CORPORATIONS. MEMBERS' PRODUCTS COVER THE BROAD SPECTRUM OF SPECIALTY FABRICS AND INCLUDE FIBERS, FABRICS, END PRODUCTS, EQUIPMENT AND HARDWARE. IFAI IS THE LARGEST, MOST COMPREHENSIVE TRADE ASSOCIATION SERVING THIS INDUSTRY. 12 12 78 100 3748852 -36473 0 0 8464034 8689075 179789 286375 104545 25685 8748368 9001135 9100 11350 0 0 4006881 4226572 0 0 0 4360589 4336810 8376570 8574732 371798 426403 6357655 7294312 3843463 4474759 2514192 2819553 X IFAI WILL CONTRIBUTE TO THE PROSPERITY OF THE SPECIALTY FABRICS INDUSTRY BY PROVIDING A GLOBAL MARKETPLACE FOR INNOVATIVE PRODUCTS AND SERVICES, RELEVANT EDUCATION, PROMOTION AND NETWORKING OPPORTUNITIES. IFAI WILL ACT WITH INTEGRITY AND PROFESSIONALISM IN PROVIDING A TANGIBLE VALUE TO ITS MEMBERS. 0 0 IFAI MEMBERSHIP CONSISTS OF GENERAL MEMBERSHIP DUES AND IFAI DIVISION AND COUNTRY MEMBERSHIPS WHICH ARE SPECIFIC TO THE GROUP AND NOT PART OF IFAI GENERAL REVENUES. IFAI EVENTS INCLUDE: IFAI EXPO AMERICA'S, IFAI GEOSYNTHETICS EXPO AND ADVANCED TEXTILES CONFERENCE. OTHER IFAI DIVISION AND COUNTRY EVENTS ARE SPECIFIC TO THE GROUP AND NOT PART OF IFAI GENERAL REVENUES. IFAI PUBLISHES FOUR TRADE MAGAZINES ALONG WITH A MEMBER DIRECTORY, BUYER'S GUIDES AND EXPOSITION GUIDES. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 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 66 0 78 1 1 1 1 BE 0 0 1 1 0 X 12 12 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X MARY HENNESSY 6512222508 1801 COUNTY ROAD B WEST ROSEVILLE MN 55113 DENNIS BUEKER DIRECTOR 3.00 X 0 0 0 AMY BIRCHER DIRECTOR 3.00 X 0 0 0 MICHAEL W ERICKSON DIRECTOR (THRU OCTOBER) 3.00 X 0 0 0 LEIB OEHMIG DIRECTOR 3.00 X 0 0 0 BOYD RAMSEY DIRECTOR 3.00 X 0 0 0 BRIAN ROWINSKI DIRECTOR 3.00 X 0 0 0 KATHY SCHAEFER DIRECTOR 3.00 X 0 0 0 JEFFREY P SPONSELLER DIRECTOR 3.00 X 0 0 0 CRAIG ZOLA DIRECTOR 3.00 X 0 0 0 DAVID CLARKE CHAIRMAN OF THE BOARD 5.00 X X 0 0 0 KATIE BRADFORD 1ST VICE CHAIRMAN 3.00 X X 0 0 0 ROBERT L ROSANIA 2ND VICE CHAIRMAN 3.00 X X 0 0 0 KEVIN YONCE IMMEDIATE PAST CHAIRMAN 3.00 X X 0 0 0 MARY HENNESSY PRESIDENT & CEO 37.50 X 194693 0 5656 SHEILA SUMMER DIR. FINANCE & TECH SRVCS 35.00 X 70870 0 6422 DAN MCCARTHY VP OF FINANCE/CFO (THRU DECEMBER) 22.50 X 60667 0 1517 326230 0 13595 1 0 1 0 ROYLE PRINTING 745 BIRD STREET SUN PRAIRIE WI 53590 PUBLISHING SERVICES 554537 WHITMER & WORRALL LLC 1901 PENNSYLVANIA AVENUE NORTHWEST WASHINGTON DC 20006 LOBBYING SERVICES 328116 BREDE-MINNEAPOLIS INC 2211 BROADWAY ST NE MINNEAPOLIS MN 55413 EXPO SERVICES 306894 ABILA INC PO BOX 123395 DALLAS TX 75312 SOFTWARE & SERVICES 270000 4 ADVERTISING & PUBLICATION 541800 3790858 42006 3748852 CONFERENCES 611430 2630726 2630726 MEMBERSHIP DUES 900099 2267491 2267491 8689075 78794 78794 2727 2727 347323 138752 990 208571 -990 207581 207581 7257 8856 -1599 -1599 INSPECTOR GUIDES 611430 3498 3498 21059 21059 24557 9001135 4942122 3748852 310161 11350 327577 3219903 45264 319256 314572 328116 27001 199596 621287 1126932 184310 312292 321164 825019 156097 EDITORIAL 82221 BAD DEBT EXPENSE 19590 DUES & SUBSCRIPTIONS 17345 CIRCULATION 16294 99546 8574732 396161 517529 613188 321861 493340 455771 12789 8019 319978 189189 4150085 2246277 1169065 1903808 3257795 3799291 95339 98844 6357655 7294312 545711 667042 3297752 3807717 3843463 4474759 X 2514192 2819553 2514192 2819553 6357655 7294312 426403 -121042 0 X 0 1 X 1 0 0 0 0 2270218 328116 328116 340553 -12437 141000 141000 1751765 692124 1059641 699935 575580 124355 1557385 978573 578812 1903808 X 8861948 -121042 8856 -112186 8974134 27001 27001 9001135 8556587 8856 8856 8547731 27001 27001 8574732 PART X, LINE 2: IFAI IS REQUIRED TO ASSESS WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. IFAI HAS DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. FEDERAL RETURNS FOR THE TAX YEARS ENDED IN 2012 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 8,856. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INTEREST EXPENSE 27,001. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 8,856. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INTEREST EXPENSE 27,001. JAPAN 0 1 MEMBERSHIP SERVICES JAPAN MEMBERSHIP DIVISION, MEETINGS, AND EXPO 64609 CHINA 0 1 MEMBERSHIP SERVICES MEMBERSHIP SERVICES AND MEETINGS 137999 NEW ZEALAND 0 1 MEMBERSHIP SERVICES MEMBERSHIP SERVICES 33331 0 3 0 0 0 3 235939 0 235939 0 0 0 0 0 0 1 INDUSTRIAL FABRICS FOUNDATION 1801 COUNTY ROAD B WEST SUITE 201 ROSEVILLE MN 55113 522164483 501(C)(3) 11350 TO PROVIDE OPERATIONAL SUPPORT FOR IFF. 1 0 PART I, LINE 2: THE ORGANIZATION MAKES CONTRIBUTIONS TO THE INDUSTRIAL FABRICS FOUNDATION TO ASSIST WITH OPERATIONAL SUPPORT. THE AMOUNTS ARE DETERMINED BY THE ORGANIZATION'S OFFICERS AND MONITORED CAREFULLY. X X X 0 0 0 MARY HENNESSY PRESIDENT & CEO 159693 0 35000 0 0 0 4887 0 769 0 200349 0 0 0 PART I, LINE 6 A BONUS WAS ACCRUED AT YEAR END FOR CEO, EXPO BOOTHS, POOL AND PAID IN SEPTEMBER/OCTOBER FORM 990, PART VI, SECTION A, LINE 2 AS A TRADE ASSOCIATION, MEMBERS ROUTINELY DO BUSINESS WITH OTHER MEMBERS OF THE ASSOCIATION. THE ASSOCIATION'S BOARD OF DIRECTORS ARE EMPLOYED BY MEMBER COMPANIES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS FOUR MEMBERSHIP CLASSIFICATIONS IN THE ASSOCIATION: GENERAL, INDIVIDUAL, AFFILIATE AND HONORED LIFE MEMBERS. GENERAL MEMBERS: ANY COMPANY OR ORGANIZATION WHOSE PRIMARY BUSINESS OBJECTIVE IS TO SUPPLY GOODS OR SERVICES USED BY AN END PRODUCT MANUFACTURER. ALSO, ANY COMPANY OR ORGANIZATION WHOSE PRIMARY BUSINESS OBJECTIVE IS THE MANUFACTURE, SALE OR RENTAL OF PRODUCTS MADE IN WHOLE OR IN PART FROM INDUSTRIAL/TECHNICAL FABRICS. INDIVIDUAL MEMBERS: AN INDIVIDUAL WHO WISHES TO BUY A MEMBERSHIP. AFFILIATE MEMBERS: OTHER ASSOCIATIONS, PUBLICATIONS, ACCREDITED POST-SECONDARY INSTITUTIONS AND GOVERNMENT AGENCIES. HONORED LIFE MEMBERS: ANY INDIVIDUAL, BY APPROVAL AND AT THE DISCRETION OF THE BOARD OF DIRECTORS, CAN BE GRANTED THE DESIGNATION. THE HONOR MAY BE BESTOWED ON AN INDIVIDUAL WHO IS A LONGSTANDING END PRODUCT MANUFACTURER OR SUPPLIER MEMBER OF THE ASSOCIATION WHO ALSO MEETS TWO OTHER QUALIFICATIONS DOCUMENTED IN THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A THE GENERAL MEMBERSHIP OF THE ORGANIZATION HAS THE RIGHT TO ELECT DIRECTORS TO THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE GENERAL MEMBERS VOTE ON ANY BOARD ELECTIONS AND ALL BYLAW CHANGES. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CFO AND THEN PRESENTED TO THE PRESIDENT. THE PRESIDENT REVIEWS AND SIGNS THE FORM 990 BEFORE SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C A WRITTEN MONITORING POLICY IS PERIODICALLY REVIEWED BY THE BOARD. WHEN A CONFLICT ARISES, IT IS INITIALLY REPORTED TO THE CHAIRMAN. ONCE IT IS REPORTED, TWO-THIRDS AFFIRMATIVE VOTE OF BOARD MEMBERS PRESENT DECIDE IF IT IS A CONFLICT. IF A BOARD MEMBER HAS A CONFLICT THEY ARE TO ABSTAIN FROM VOTING. IF A MEMBER DOES NOT DISCLOSE A CONFLICT THE BOARD HAS THE OPTION TO REMOVE THE BOARD MEMBER FOR VIOLATING THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT & CEO IS DETERMINED BY HUMAN RESOURCES BENCHMARKING AND THEN REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. OTHER OFFICER AND TOP MANAGEMENT COMPENSATION IS DETERMINED BY HUMAN RESOURCE BENCHMARKING, MARKET CIRCUMSTANCES AND WITH FINAL DECISION BY THE PRESIDENT & CEO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENS AVAILABLE TO THE PUBLIC. TECHNICAL FABRICS ASSOCIATION MANAGEMENT GROUP INC 1801 COUNTY ROAD B WEST ROSEVILLE MN 551134061 411695677 MANAGEMENT CONSULTING SERVICES FOR TRADE ASSOCIATIONS MN INDUSTRIAL FABRICS ASSOCIATION INTERNATIONAL C 5 9980 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0