Association Of Gaming Equipment Manufacturers
- Assets
- $1.4m
- Revenue
- $934.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 10/2000
- Data as of
- 03/2022
- EIN
- 88-0468000
Organization Overview
Association Of Gaming Equipment Manufacturers is located in Las Vegas, NV. The organization was established in 2000. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Gaming Equipment 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 03/2022, Association Of Gaming Equipment Manufacturers generated $934.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $673.8k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Association Of Gaming Equipment Manufacturers has awarded 57 individual grants totaling $1,766,999. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION OF GAMING EQUIPMENT MANUFACTURERS (AGEM) IS AN INTERNATIONAL TRADE ASSOCIATION REPRESENTING MANUFACTURERS OF ELECTRONIC GAMING DEVICES, SYSTEMS, AND COMPONENTS FOR THE GAMING INDUSTRY. THE ASSOCIATION, AS A GOOD CORPORATE CITIZEN, IDENTIFIES AND ACTS UPON ISSUES RELATING TO EDUCATION, TRADE SHOW REPRESENTATION, REGULATION, MANUFACTURING AND LICENSING STANDARDS, AND PROMOTES THE EXPANSION OF RESPONSIBLE GAMING FOR THE BENEFIT OF ITS MEMBERS AND THE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE EXCELLENCE IN THE MANUFACTURE AND SUPPLY OF GAMING DEVICES AND RELATED EQUIPMENT.
TO ADVOCATE THE FAIR AND REASONABLE ENFORCEMENT AND IMPOSITION OF STATUTES AND REGULATIONS PERTAINING TO MANUFACTURERS AND SUPPLIERS OF GAMING DEVICES AND RELATED EQUIPMENT.
AID FOR EDUCATIONAL PROGRAMS AND OTHER CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcus Prater Ed Until Mar | Officer | 40 | $249,992 |
Elaine Hodgson Vice Preside | OfficerTrustee | 1 | $0 |
David Lucchese President | OfficerTrustee | 1 | $0 |
Luke Orchard Vice Preside | OfficerTrustee | 1 | $0 |
Robert Parente Vice Preside | OfficerTrustee | 1 | $0 |
Ryan Comstock Vice Preside | 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 | $230,540 |
| Investment income | $154 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $703,863 |
| 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 | $934,557 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $97,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $3,200 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $206,159 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $92,763 |
| Fees for services: Legal | $70,133 |
| Fees for services: Accounting | $9,238 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,859 |
| Advertising and promotion | $60,272 |
| Office expenses | $17,180 |
| Information technology | $3,616 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $770 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $53,902 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $546 |
| Insurance | $4,063 |
| All other expenses | $0 |
| Total functional expenses | $673,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,950 |
| Savings and temporary cash investments | $1,338,014 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,276 |
| Investments—publicly traded securities | $1,707 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,396,947 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,396,947 |
| 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 | $1,396,947 |
Grants Awarded
Over the last fiscal year, Association Of Gaming Equipment Manufacturers has awarded $90,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Las Vegas, NV PURPOSE: CONTRIBUTION | $35,000 |
Las Vegas, NV PURPOSE: CONTRIBUTION | $25,000 |
Las Vegas, NV PURPOSE: CONTRIBUTION | $10,000 |
Washington, DC PURPOSE: CONTRIBUTION | $10,000 |
JCMAGA GOLF CLASSIC PURPOSE: CONTRIBUTION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Thunderbirds Phoenix, AZ | $33,696,955 | $84,390,943 |
California Travel And Tourism Commission Sacramento, CA | $86,955,324 | $75,852,594 |
Semi Milpitas, CA | $100,332,447 | $57,588,828 |
San Diego County Capital Asset Leasing Corporation San Diego, CA | $104,250,616 | $41,735,289 |
Western States Petroleum Association Sacramento, CA | $8,481,739 | $30,827,581 |
Iapmo Research And Testing Inc Ontario, CA | $11,214,766 | $46,736,492 |
Specialty Equipment Market Association Diamond Bar, CA | $151,136,909 | $20,614,542 |
California Dental Association Sacramento, CA | $252,495,901 | $15,890,513 |
Chinatown Service Center Los Angeles, CA | $26,778,687 | $27,867,616 |
Sag-Aftra & Industry Sound Recordings Distribution Fund Valley Village, CA | $48,142,351 | $13,604,136 |
Electric & Gas Industries Association Sacramento, CA | $14,735,713 | $15,175,016 |
American Pistachio Growers Fresno, CA | $11,494,323 | $15,365,842 |