2012-10-22T08:46:10-05:00 2011-12-31 370802863 CLIFTONLARSONALLEN LLP 1301 W 22ND ST STE 1100 OAK BROOK IL 60523 990 2011-01-01 340066490 METALS SERVICE CENTER INSTITUTE META 8474853000 4201 EUCLID AVENUE ROLLING MEADOWS IL 600082025 M ROBERT WEIDNER III 8474853000 2012-10-04 1 GREGORY S ADAMS P00095559 6305738600 2011 2016-02-24 21:20:13Z M ROBERT WEIDNER III 4201 EUCLID AVENUE ROLLING MEADOWS IL 600082025 13539267 0 X WWW.MSCI.ORG X 1909 IL TO ENHANCE THE EFFICIENCY AND PRODUCTIVITY OF MEMBER COMPANIES THROUGH NATIONAL CONFERENCES AND LOCAL MEETINGS; BY PROVIDING INDUSTRY DATA ON SHIPMENTS, AND FINANCIAL OPERATING BENCHMARKS AND EMPLOYEE SALARY DATA. 45 44 14 0 -55 -55 3494464 4175914 2077763 4396857 206485 556244 12373 -4404 5791085 9124611 0 0 0 0 1689687 2002782 0 0 0 3940481 8048845 5630168 10051627 160917 -927016 14232638 14048480 2895373 4794906 11337265 9253574 X THE PURPOSE OF THE INSTITUTE SHALL BE ENHANCING THE FINANCIAL RETURN OF MEMBER COMPANIES BY PROVIDING INFORMATION, EDUCATION, GOVERNMENTAL REPRESENTATION, NETWORKING OPPORTUITIES AND A FORUM TO ENHANCE THE QUALITY OF PRODUCTS AND SERVICES IN MEETING THEIR CUSTOMERS', SUPPLIERS' AND EMPLOYEES' EXPECTATIONS. 0 0 ANNUAL MEETING AND ECONOMIC SUMMIT - THESE TWO MEETINGS ARE THE ASSOCIATION'S PREMIERE CONFERENCES. SPEAKERS ARE ENGAGED TO DISCUSS HIGH LEVEL BUSINESS TOPICS FROM THE STATE OF THE ECONOMY TO POLITICAL ANALYSIS TO EMERGING BUSINESS ISSUES. THE GOAL IS TO HAVE MEMBERS EXPOSED TO TOP THEORISTS AND PRACTITIONERS SO THEY WILL BE BETTER INFORMED TO ADDRESS THE ISSUES THEY WILL FACE IN THEIR BUSINESSES IN THE NEXT TWELVE MONTHS AS WELL AS IN THE COMING YEARS. IN ADDITION, MSCI PROVIDES MARKET DEMAND INFORMATION FROM THE END USE MARKETS FOR OUR MEMBERS PRODUCTS. PRODUCT SPECIFIC CONFERENCES - THESE MEETINGS PROVIDE ECONOMIC AND POLITICAL ANALYSIS AND END MARKET USAGE INFORMATION FOR MID-LEVEL EXECUTIVES. AGAIN THE GOAL IS TO PROVIDE INSIGHTFUL BUSINESS INFORMATION SO MEMBERS CAN RUN THEIR BUSINESSES MORE EFFECTIVELY. INDUSTRY RESEARCH AND DATA - MSCI IS THE ONLY SOURCE OF INDUSTRY DATA ON : SHIPMENTS, FINANCIAL OPERATING BENCHMARKS, SALARY AND BENEFITS, AND BUSINESS CONFIDENCE SURVEYS. THESE ARE INVALUABLE MANAGEMENT TOOLS THAT ARE HIGHLY VALUED BY MEMBERS AND THE INVESTMENT COMMUNITY. 0 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 15 0 14 1 0 1 CA 0 0 0 0 X 45 44 1 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 X X JONATHAN KALKWARF 8474853000 4201 EUCLID AVE ROLLING MEADOWS IL 600082025 BILL JONES 1.00 X 0 0 0 DAVID H HANNAH 1.00 X 0 0 0 MICHAEL E HOFFMAN 1.00 X 0 0 0 M ROBERT WEIDNER III 50.00 X X 471125 0 107741 TOROS ASSADOURIAN 1.00 X 0 0 0 NOEL E BRISCOE 1.00 X 0 0 0 TODD FOGEL 1.00 X 0 0 0 JAMES D HOFFMAN 1.00 X 0 0 0 JOHN E LUSDYK 1.00 X 0 0 0 THOMAS J SHARPE 1.00 X 0 0 0 WAYNE K BASSETT 1.00 X 0 0 0 ROY BERLIN 1.00 X 0 0 0 MICHAEL H GOLDBERG 1.00 X 0 0 0 C LOURENCO GONCALVES 1.00 X 0 0 0 HOLMAN HEAD 1.00 X 0 0 0 BRIAN R HEDGES 1.00 X 0 0 0 DENNIS A MULLIN 1.00 X 0 0 0 JOHN PALESNY 1.00 X 0 0 0 RICHARD ROBINSON 1.00 X 0 0 0 MICHAEL D SIEGAL 1.00 X 0 0 0 GARY W STEIN 1.00 X 0 0 0 DAVID WOLFORT 1.00 X 0 0 0 KARLA R LEWIS 1.00 X 0 0 0 LADD R HALL 1.00 X 0 0 0 MICHAEL G RIPPEY 1.00 X 0 0 0 JOHN BATISTE 1.00 X 0 0 0 WILLIAM PARTALIS 1.00 X 0 0 0 TERENCE R ROGERS 1.00 X 0 0 0 MARC A SCHUPAN 1.00 X 0 0 0 ULRICH ALBRECHT-FRUEH 1.00 X 0 0 0 MICHAEL C ARNOLD 1.00 X 0 0 0 GARY L CROUCH 1.00 X 0 0 0 STEVEN J DEMETRIOU 1.00 X 0 0 0 MAUREEN KELLY 1.00 X 0 0 0 FRANK G KEVANE 1.00 X 0 0 0 CARL PARKER 1.00 X 0 0 0 MARK RUSSELL 1.00 X 0 0 0 WILLIAM K SALES JR 1.00 X 0 0 0 JAMES F SARWARK 1.00 X 0 0 0 CHARLES W SCHMITT 1.00 X 0 0 0 TIM SPATAFORE 1.00 X 0 0 0 TIMOTHY M TREACY 1.00 X 0 0 0 PETER WHITING 1.00 X 0 0 0 ALAN L WILKINSON 1.00 X 0 0 0 JOHN A ZEMON 1.00 X 0 0 0 ROSE MANFREDINI 50.00 X 124295 0 39208 JONATHAN KALKWARF 50.00 X 201967 0 53656 CHRIS MARTI 50.00 X 196919 0 61823 ANN D'ORAZIO 50.00 X 136549 0 41429 1130855 0 303857 5 0 1 0 WASHINGTON UNIVERSITY IN ST LOUIS PO BOX 60714 ST LOUIS MO 631600714 EDUCATIONAL COURSE 1333604 WINSTON AND STRAWN 35 W WACKER DR CHICAGO IL 606019703 LEGAL CONSULTING 848509 MARRIOTT INTERNATIONAL PO BOX 403003 ATLANTA GA 303843003 ROOM AND BOARD FOR CONFERENCES 641188 LEADING AUTHORITIES 1990 M STREET NW SUITE 800 WASHINGTON DC 200363435 SPEAKER BUREAU 568565 HEADS UP SPECIALTIES 5 ASHBURY LANE BARRINGTON IL 60010 BRANDING SUPPORT 298950 10 3995914 180000 4175914 MEETINGS & CONFERENCES 561499 3169997 3169997 SEMINARS & TRAINING 611430 1226860 1226860 4396857 258407 -55 258462 4694096 4396259 297837 297837 297837 4500 18397 -13897 -13897 MISCELLANEOUS 561499 9493 9493 9493 9124611 4392453 -55 556299 1434712 296847 56558 123758 90907 819468 74764 46237 389170 300 152081 279952 130840 449968 2974357 1772157 103997 58424 MEMBER RECRUITMENT AND 277764 STAFF DEVELOPMENT 161503 CREDIT CARD FEES 152868 DUES 119614 85381 10051627 4326 176348 1003028 1616801 2450155 2212152 295513 241466 1583049 812094 842944 770955 8353543 7790859 867351 821752 415778 418147 14232638 14048480 661993 825383 1710176 3443950 523204 525573 2895373 4794906 X 11337265 9073574 180000 11337265 9253574 14232638 14048480 X -927016 -1156675 X X 0 1 1 X 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 3995914 60621 60621 79918 -19297 93750 93750 902631 332847 569784 586668 479247 107421 770955 DRIEHAUS SMALL CAP RECOVERY FUND, L.P. 413259 F PINNACLE EQUITY FUND, L.P. 408493 F 821752 DUE TO CSSCI 132426 RETIREMENT PLAN LIABILITIES 393147 525573 9124611 10051627 -927016 -1156675 -1156675 -2083691 9124611 0 9124611 0 9124611 11208302 1156675 1156675 10051627 0 10051627 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE INSTITUTE HAS DETERMINED THAT IT DOES NOT HAVE UNCERTAIN TAX POSITIONS AND, THEREFORE, HAS NOT RECORDED A LIABILITY FOR ANY UNRECOGNIZED TAX BENEFITS. THE FEDERAL AND STATE TAX RETURNS OF THE INSTITUTE FOR 2008, 2009, AND 2010 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE IRS IS IN THE PROCESS OF AN EXAMINATION OF THE INSTITUTE'S RETURNS FOR 2007, 2008, AND 2009. SEE SCHEDULE O FOR ADDITIONAL INFORMATION. PART XIII, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSSES ON INVESTMENTS 1,156,675. X X X X 1 1 X X X X X X 0 1 0 M ROBERT WEIDNER III 305000 0 120000 0 46125 0 64559 0 43182 0 578866 0 0 0 ROSE MANFREDINI 107635 0 16500 0 160 0 12414 0 26794 0 163503 0 0 0 JONATHAN KALKWARF 161996 0 32500 0 7471 0 23707 0 29949 0 255623 0 0 0 CHRIS MARTI 161195 0 32500 0 3224 0 22348 0 39475 0 258742 0 0 0 ANN D'ORAZIO 123415 0 13000 0 134 0 13642 0 27787 0 177978 0 0 0 PART I, LINE 4B M. ROBERT WEIDNER, III, CAE - PARTICIPATES IN A 457(F) RETIREMENT PLAN. FORM 990, PART VI, SECTION A, LINE 2 ULRICH ALBRECHT-FRUEH AND FRANK G. KEVANE HAVE A BUSINESS RELATIONSHIP THROUGH THYSSENKRUPP; MICHAEL C. ARNOLD AND TERENCE R. ROGERS HAVE A BUSINESS RELATIONSHIP THROUGH RYERSON INC.; WAYNE K. BASSETT AND CARL PARKER HAVE BUSINESS RELATIONSHIP THROUGH SAMUEL, SON & CO., LIMITED; GARY L. CROUCH AND LADD R. HALL HAVE BUSINESS RELATIONSHIP THROUGH NUCOR INC.; DAVID H. HANNAH, JAMES D. HOFFMAN, KARLA R. LEWIS, JOHN E. LUSDYK AND WILLIAM K. SALES, JR. HAVE BUSINESS RELATIONSHIP THROUGH RELIANCE STEEL AND ALUMINUM; HOLMAN HEAD AND BILL JONES HAVE BUSINESS RELATIONSHIP THROUGH O'NEAL INDUSTRIES; BRIAN R. HEDGES AND MAUREEN KELLY HAVE BUSINESS RELATIONSHIP THROUGH RUSSEL METALS INC.; MICHAEL H. HOFFMAN AND WILLIAM PARTALIS HAVE BUSINESS RELATIONSHIP THROUGH KLOECKNER METALS; MICHAEL D. SIEGAL AND DAVID WOLFORT HAVE BUSINESS RELATIONSHIP THROUGH OLYMPIC STEEL, INC.; AND TIM SPATAFORE AND ALAN L. WILKINSON HAVE BUSINESS RELATIONSHIP THROUGH MARMON/KEYSTONE LLC. FORM 990, PART VI, SECTION A, LINE 6 THE INSTITUTE IS A MEMBERSHIP ORGANIZATION CONSISTING OF COMPANIES IN THE METALS INDUSTRY. FORM 990, PART VI, SECTION A, LINE 7A THE DIRECTORS AND OFFICERS ARE ELECTED DURING AN ANNUAL MEETING OF THE SERVICE CENTER MEMBERS OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7B DURING THE ANNUAL MEETING OF THE MEMBERS, THE SERVICE CENTER MEMBERS OF THE INSTITUTE CAN RATIFY OR AMEND THE ACTIONS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 AFTER MANAGEMENT APPROVAL THE FORM 990 IS REVIEWED AND APPROVED BY THE BUDGET AND AUDIT COMMITTEE, A COMMITTEE OF THE BOARD OF DIRECTORS. THE FORM 990 IS ALSO PROVIDED TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR AND KEY STAFF PERSON ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. THE COMPLETED FORMS FOR ALL DIRECTORS AND STAFF MEMBERS ARE KEPT ON FILE. FORM 990, PART VI, SECTION B, LINE 15 A COMMITTEE OF THE BOARD, THE COMPENSATION COMMITTEE, MEETS ANNUALLY . THE COMMITTEE REVIEWS MULTIPLE INDEPENDENT SALARY SURVEYS AND USES THAT INFORMATION TO SET THE COMPENSATION FOR THE CHIEF STAFF OFFICER. USING THE SAME INFORMATION, THE COMMITTEE REVIEWS AND APPROVES THE RECOMMENDATIONS OF THE CHIEF STAFF OFFICER FOR THE COMPENSATION OF ALL OTHER STAFF MEMBERS. THE SIGNED APPROVAL ON THE RECOMMENDATIONS IS THEN USED AS BACK UP FOR ALL SALARY CHANGES AND BONUSES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE VIA GUIDESTAR AND UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,156,675. FORM 990, PART XII, LINE 2C THE BUDGET AND AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VII CERTAIN BOARD MEMBERS AND OFFICERS OF THE INSTITUTE ALSO SERVE ON THE BOARD OF METALS SERVICE CENTER INSTITUTE FOUNDATION FOR CONTINUING EDUCATION, AN AFFILIATED 501(C)(3) NONPROFIT ORGANIZATION. SCHEDULE D, PART XIV-SUPPLEMENTAL INFORMATION THE IRS CONTINUES ITS EXAMINATION OF THE 501(C)(6) METALS SERVICE CENTER INSTITUTE HAVING CONCLUDED ITS EXAMINATIONS OF THE RELATED 501(C)(3) METALS SERVICE CENTER INSTITUTE FOUNDATION FOR CONTINUING EDUCATION AND THE FOR-PROFIT SUBSIDIARY METAL'S PUBLICATIONS AND DATA SERVICES, INC. FINAL DISPOSITION OF THE AUDIT OF THE METALS SERVICE CENTER INSTITUTE IS UNDETERMINED AND THERE HAS BEEN NO PROPOSED ADJUSTMENT BY THE INTERNAL REVENUE SERVICE (IRS). PROVISION FOR ANY POTENTIAL LOSS RELATED TO THE IRS' EXAMINATION WAS NOT RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS SINCE ITS OUTCOME CANNOT BE REASONABLY PREDICTED AT THIS TIME. METALS SERVICE CENTER INST FOUNDATION FOR CONTINUING EDUCATION 4201 EUCLID AVE ROLLING MEADOWS IL 60008 341270863 TO PROVIDE SCHOLARSHIP FUNDING TO CHAPTER SCHOLARSHIP PROGRAM IL 501(C)(3) 11(A), I N/A 0 METAL'S PUBLICATIONS AND DATA SERVICES INC 4201 WEST EUCLID AVENUE ROLLING MEADOWS IL 60008 205960534 PUBLICATIONS AND INFORMATION SERVICES IL N/A C -443380 3823 1.00000 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 METALS PUBLICATIONS AND DATA SERVICES INC M 16996 CASH PROVIDED METALS PUBLICATIONS AND DATA SERVICES INC N 90403 CASH PROVIDED METALS SERVICE CENTER INSTITUTE FOUNDATION FOR CONTINUING EDUCATION B 1772157 DEBT FORGIVEN