Precision Metal Forming Association

Organization Overview

Precision Metal Forming Association is located in Independence, OH. The organization was established in 1946. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 03/2022, Precision Metal Forming Association employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Precision Metal Forming Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 03/2022, Precision Metal Forming Association generated $5.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $5.8m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO REPRESENT THE METALFORMING INDUSTRY AND LEAD INNOVATIVE COMPANIES TOWARD SUPERIOR COMPETITIVENESS AND PROFITABILITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CO-SPONSOR OF THE ANNUAL FABTECH EXHIBITION, THE LARGESTMETALFORMING, FABRICATING, WELDING AND METAL FINISHING TRADESHOWIN NORTH AMERICA. PROVIDE LEARNING OPPORTUNITIES INCLUDINGTECHNICAL EDUCATION TO THE METALFORMING AND FABRICATING INDUSTRIESTHROUGH SEMINARS, WEBINARS, ROUNDTABLES AND SIGNATURE EVENTSTARGETING SENIOR AND MIDDLE MANAGEMENT ALONG WITH SALES ANDTECHNICAL/ENGINEERING PERSONNEL.


DELIVER MEMBERSHIP SERVICES, PRODUCTS AND PUBLICATION SUCH ASSAFETY INFORMATION, DISTRICT NETWORKING AND TECHNICAL MEETINGS IN16 GEOGRAPHICAL REGIONS AND IN SEVERAL METALFORMING TECHNOLOGYAREAS, INCLUDING METAL STAMPING, DEEP DRAW, HIGH SPEED STAMPING,PRECISION SHEET METAL FABRICATING, METAL SPINNING, SLIDE FORMINGAND ROLL FORMING TECHNOLOGIES, ALONG WITH INDUSTRY BENCHMARKINGDATA, FINANCIAL REPORTS AND WAGE/FRINGE BENEFIT REPORTS. DEVELOPAND DELIVER TECHNICAL TRAINING IN CORE METALFORMING TECHNOLOGIESTO HELP WITH WORKFORCE TRAINING AND DEVELOPMENT.


REPRESENT THE METALFORMING INDUSTRY IN REGULATORY AND LEGISLATIVEMATTERS IMPACTING MANUFACTURERS OF METAL PARTS, ASSEMBLIES ANDCOMPONENTS PRIMARILY AT THE FEDERAL LEVEL. PROMOTE THE USE OFSKILL STANDARDS AND ENVIRONMENTALLY SOUND, EFFICIENT AND SAFEWORKPLACES TO HELP THE INDUSTRY COMPETE IN THE GLOBAL MARKETPLACE.


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Board, Officers & Key Employees

Name (title)Compensation
David Klotz
President
$387,479
Mark Getsay
CFO
$185,108
Michael C Vohland
VP Of Sales/publisher
$171,692
Bradley Kuvin
Editorial Director
$155,106
Nichol E Lopriore
Director Of Workforce Deve
$117,443
Peter J Ulintz
Technical Director
$106,936

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Bracewell Llp
Consulting
$152,242
The Franklin Partnership
Professional Services
$146,711
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $659,807
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$659,807
Total Program Service Revenue$4,243,274
Investment income $215,634
Tax Exempt Bond Proceeds $0
Royalties $23,793
Net Rental Income $62,406
Net Gain/Loss on Asset Sales $472,328
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,690,425

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Precision Metal Forming Association has recieved totaling $788,268.

Awarding OrganizationAmount
Precision Metalforming Association Educational Foundation

Independence, OH

PURPOSE: MGMT.DEV.TRNG.

$788,268
View Grant Recipient Profile

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