North American Die Casting Association
- Assets
- $15.0m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 9
- Location
- Arlington Hts, IL
- Founding
- 10/1989
- Data as of
- 12/2022
- EIN
- 36-3646702
Organization Overview
North American Die Casting Association is located in Arlington Hts, IL. The organization was established in 1989. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, North American Die Casting Association employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North American Die Casting 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 12/2022, North American Die Casting Association generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NORTH AMERICAN DIE CASTING ASSOCIATION (NADCA) REPRESENTS THE VOICE OF THE DIE CASTING INDUSTRY. NADCA IS COMMITTED TO PROMOTING INDUSTRY AWARENESS, DOMESTIC GROWTH IN THE GLOBAL MARKETPLACE AND MEMBER EXPOSURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DCE MAGAZINE- THE ASSOCIATION PROVIDES MEMBERS AND NONMEMBERS WITH INFORMATION ON THE CURRENT INNOVATIONS AND CHANGES WITHIN THE FIELD OF DIE CASTING. THE MAGAZINE HAS APPROXIMATELY 2,500 READERS.
EDUCATION - NADCA OFFERS APPROXIMATELY 30 COURSES PER YEAR THAT ARE OFTEN PRESENTED SEVERAL TIMES AT NADCA HEADQUARTERS. COURSES FALL INTO SEVEN DISTINCT CATEGORIES.
RESEARCH AND DEVELOPMENT PROJECTS - RESEARCH AND DEVELOPMENT (R&D) EFFORTS SPONSORED AND COORDINATED BY NADCA CONTINUE TO GROW NOT ONLY IN QUANTITY AND FUNDING LEVEL, BUT MOST IMPORTANTLY, IN EFFECTIVENESS OF DELIVERING TECHNICAL BENEFITS TO THE NADCA MEMBERSHIP BASE. RESEARCH PROJECT OBJECTIVES INCLUDE: IMPROVING CASTING INTEGRITY, IMPROVING ALLOYS, INCREASING DIE LIFE, IMPROVING QUALITY AND LEAD TIMES THROUGH SIMULATION, IMPLEMENTING HIGH INTEGRITY CASTING TECHNOLOGY AND ENERGY CONSERVATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen P Udvardy President | Officer | 50 | $231,220 |
Hal Gerber Chairman | OfficerTrustee | 1 | $0 |
Michael L Meyer Vice Chairman | OfficerTrustee | 1 | $0 |
Mark Los Secretary/treas | OfficerTrustee | 1 | $0 |
William H Berry III Member | Trustee | 1 | $0 |
Rabi Bhola Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $150,260 |
| 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 | $150,260 |
| Total Program Service Revenue | $1,554,041 |
| Investment income | $376,932 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$197,120 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,884,113 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $34,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $231,220 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $669,688 |
| Pension plan accruals and contributions | $77,789 |
| Other employee benefits | $51,453 |
| Payroll taxes | $64,742 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $73,787 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,214 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $199,594 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $261,750 |
| Total functional expenses | $2,345,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $475,166 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,873 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,827 |
| Net Land, buildings, and equipment | $303 |
| Investments—publicly traded securities | $14,362,872 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $59,919 |
| Total assets | $14,954,960 |
| Accounts payable and accrued expenses | $28,273 |
| Grants payable | $0 |
| Deferred revenue | $402,036 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $62,114 |
| Total liabilities | $492,423 |
| Net assets without donor restrictions | $14,462,537 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $14,954,960 |