Missouri Association Of Manufacturers
- Assets
- $623.1k
- Revenue
- $719.6k
- Investments
- $0.0
- Employees
- 7
- Location
- Springfield, MO
- Founding
- 01/2014
- Data as of
- 12/2022
- EIN
- 43-1655396
Organization Overview
Missouri Association Of Manufacturers is located in Springfield, MO. The organization was established in 2014. 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, Missouri Association Of Manufacturers employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missouri Association Of Manufacturers 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, Missouri Association Of Manufacturers generated $719.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $677.8k during the year ending 12/2022. While expenses have increased by 8.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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 MISSOURI ASSOCIATION OF MANUFACTURERS (MAM) IS AN INDEPENDENT, NONGOVERNMENTAL, VOLUNTARY ORGANIZATION WITH A MISSION TO REPRESENT AND PROMOTE MANUFACTURERS FOR THE CONTINUAL IMPROVEMENT OF THE COMMUNITY, THE ECONOMY, AND THE ENVIRONMENT. ALL MEMBERS MUST BE FROM A MANUFACTURING ENTITY THAT OPERATES IN THE STATE OF MISSOURI. ALL MAM ACTIVITIES FOCUS SOLELY ON THE MANUFACTURING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAM MEMBER MEETING EVENTS - ONE PRIMARY ACTIVITY OF MAM IS TO HOLD VARIOUS MEETINGS FOR MEMBERS IN ORDER TO FACILITATE NETWORKING OF MANUFACTURERS AND ENCOURAGE SHARING OF BEST BUSINESS PRACTICES AMONG MEMBERS. MEETINGS ARE HELD THROUGHOUT THE YEAR AT VARIOUS REGIONAL SITES WITH PRESENTING SPEAKERS COVERING A WIDE RANGE OF TOPICS OF INTEREST TO OUR MEMBER MANUFACTURERS. MAM HELD 2 LARGE EVENTS IN 2022 PROVIDING EDUCATION AND TRAINING TO MANUFACTURERS ON IMPORTANT TOPICS OF INTEREST TO THEM.
MEMBER BENEFITS: MEMBER BENEFITS AND PROGRAMS MAY CONSIST OF SAVINGS ON FREIGHT CHARGES, TRAINING AND EDUCATION, HEAVY EQUIPMENT, LABOR LAW POSTERS, OFFICE EQUIPMENT, CREDIT CARD PROCESSING FEES, ETC. THE REVENUES ARE COMPRISED MOSTLY FROM MAM ADMINISTRATIVE FEES GENERATED FROM MEMBER DISCOUNT PROGRAMS.
MAM HEALTHSOURCE FEE - ONE OF MAM'S MEMBER BENEFITS IS THE HEALTHCARE PROGRAM. MAM HEALTHSOURCE (MAMHS), A HEALTHCARE PLAN, WHICH WAS FORMED FOR THE BENEFIT OF MANUFACTURING COMPANIES. MAM DOES NOT DIRECTLY OFFER HEALTH INSURANCE PLANS, BUT AS A BONA FIDE ASSOCIATION, MAM ADMINISTERS THE MAMHS MULTIPLE EMPLOYER WELFARE ARRANGEMENT (MEWA) PROGRAM. MAM'S EXPENSES ARE FULLY REIMBURSABLE UNDER THE EXECUTED EXPENSE REIMBURSEMENT AGREEMENT THE MAMHS FEE. MAMHS CURRENTLY SERVES 72 MANUFACTURING GROUPS AND THEIR FAMILIES.
PARTNERSHIP AND SPONSORSHIP REVENUE - MAM SELECTS AND ENGAGES SPECIFIC NONMEMBER, NONMANUFACTURING ENTITIES TO PARTNER WITH THE ASSOCIATION IN AN ALLIED NETWORK PARTNERS (ANP) OR SPONSOR PROGRAM TO SHARE EXPERTISE IN AREAS RELEVANT TO BUSINESS OPERATIONS. ANP'S AND SPONSORS MAY INCLUDE ENTITIES THAT SPECIALIZE IN LAW, ACCOUNTING, INSURANCE, HUMAN RESOURCES, CAPITAL EQUIPMENT, PRODUCT TRANSPORTATION, MARKETING AND SALES, ETC. THE ANP'S MAKE AN ANNUAL CONTRIBUTION TO MAM IN ORDER TO SUPPORT AND NETWORK WITH THE MEMBERSHIP AND BECOME AN AVAILABLE RESOURCE FOR PROBLEM RESOLUTIONS WITHIN THE MANUFACTURING INDUSTRY. SPONSORS CHOOSE A LEVEL OF SUPPORT FOR EVENTS AND CONFERENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Mcnay Secretary | OfficerTrustee | 1 | $0 |
David Moore Director | Trustee | 1 | $0 |
Dan Stroot Chair | OfficerTrustee | 1 | $0 |
Kevin Thompson Treasurer | OfficerTrustee | 1 | $0 |
Stuart Coutchie Director | Trustee | 1 | $0 |
Jeff Cox 1st Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $718,701 |
| Investment income | $877 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $719,578 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $65,518 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $248,967 |
| Pension plan accruals and contributions | $5,650 |
| Other employee benefits | $22,708 |
| Payroll taxes | $24,955 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,240 |
| Fees for services: Accounting | $6,377 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,500 |
| Advertising and promotion | $15,977 |
| Office expenses | $60,024 |
| Information technology | $5,038 |
| Royalties | $0 |
| Occupancy | $54,016 |
| Travel | $6,539 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $77,599 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,274 |
| Insurance | $5,514 |
| All other expenses | $0 |
| Total functional expenses | $677,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $868 |
| Savings and temporary cash investments | $443,718 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $108,465 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,862 |
| Prepaid expenses and deferred charges | $44,254 |
| Net Land, buildings, and equipment | $16,715 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,180 |
| Total assets | $623,062 |
| Accounts payable and accrued expenses | $27,507 |
| Grants payable | $0 |
| Deferred revenue | $341,697 |
| 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 | $0 |
| Total liabilities | $369,204 |
| Net assets without donor restrictions | $253,858 |
| 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 | $623,062 |