2024-05-15T14:31:44-05:00 2023-06-30 341523030 BOBER MARKEY FEDOROVICH & COMPANY 3421 RIDGEWOOD ROAD SUITE 300 AKRON OH 44333 990 2022-07-01 882834792 MAGNET QALICB INC MAGN 2166300500 1800 EAST 63RD STREET CLEVELAND OH 44103 ED KNEITEL TREASURER 2166300500 2024-05-15 1 ED KNEITEL 999009999 0 JESSICA L TEPUS P01067325 3307629785 2024-05-15 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X ED KNEITEL 1800 EAST 63RD STREET CLEVELAND OH 44103 2427747 0 X N/A X 2022 OH TO SUPPORT, EDUCATRE AND CHAMPION MANUFACTURING IN OHIO 0 0 0 0 0 0 1942211 485333 203 0 2427747 1745812 0 0 0 0 795641 2541453 -113706 15424945 15538651 -113706 X CONDUCTING OR SUPPORTING ACTIVITIES FOR THE PURPOSES OF INCREASING SUPPORT FOR MANUFACTURING ADVOCACY AND GROWTH NETWORK INC. (MAGNET,) INCREASING COMMUNITY INVOLVEMENT WITH AND SUPPORT FOR MAGNET, AND PROMOTING THE FACILITIES OF MAGNET, ACCEPTING AND EXPENDING FUNDS IN SUPPORT OF SUCH ACTIVITIES, AND DOING ALL THINGS NECESSARY OR APPROPRIATE IN ORDER TO ACCOMPLISH THE FOREGOING PURPOSES. 1 0 1745812 1745812 485333 PROVIDING SUPPORT FOR MANUFACTURING ADVOCACY AND GROWTH NETWORK INC. (MAGNET,) INCREASING COMMUNITY INVOLVEMENT WITH AND SUPPORT FOR MAGNET, AND PROMOTING THE FACILITIES OF MAGNET, ACCEPTING AND EXPENDING FUNDS IN SUPPORT OF SUCH ACTIVITIES, AND DOING ALL THINGS NECESSARY OR APPROPRIATE IN ORDER TO ACCOMPLISH THE FOREGOING PURPOSES. 1745812 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ED KNEITEL 2164325333 1800 EAST 63RD STREET CLEVELAND OH 44103 ETHAN KARP PRESIDENT & DIRECTOR 1.00 40.00 X X 0 441912 27427 EDWARD KNEITEL TREASURER & DIRECTOR 1.00 40.00 X X 0 123324 6688 LEE CHILCOTE SECRETARY & DIRECTOR 1.00 0.00 X X 0 0 0 THEODORE EINHORN DIRECTOR 1.00 0.00 X 0 0 0 SCOTT M SIMON DIRECTOR 1.00 0.00 X 0 0 0 0 565236 34115 0 0 1 0 0 1442211 500000 1442211 1942211 RENTAL REVENUE - MAGNE 900099 485333 485333 485333 203 203 2427747 485333 0 203 1745812 1745812 30000 30000 29226 29226 104730 104730 266337 266337 TRANSACTION COSTS 365348 365348 2541453 1745812 795641 0 480899 15210383 266337 0 14944046 0 15424945 42839 15495812 0 15538651 X -113706 0 -113706 0 15424945 -113706 0 X 0 1 X 1 1 1 X X X 1 MANUFACTURING ADVOCACY & GROWTH NETWORK INC 341455043 7 1 1745812 0 1 1745812 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION B, LINE 1: A DIRECTOR MAY BE REMOVED WITH OR WITHOUT CAUSE BY A VOTE OF THE MAJORITY OF THE DIRECTORS. THE REMOVAL OF A DIRECTOR SHALL CREATE A VACANCY AS TO WHICH THE FOLLOWING PROVISIONS SHALL APPLY: IN THE CASE OF A VACANCY CAUSED BY DEATH, RESIGNATION, REMOVAL, OR OTHERWISE OF A DIRECTOR, THE BOARD OF DIRECTORS MAY ELECT A NEW DIRECTOR FOR THE UNEXPIRED TERM; PROVIDED, HOWEVER, IN THE EVENT OF A VACANCY BY ONE OR MORE OF THE DIRECTORS APPOINTED BY MANUFACTURING ADVOCACY & GROWTH NETWORK INC., SUCH VACANCY FOR THE UNEXPIRED TERM SHALL BE FILLED BY AN APPOINTMENT BY MANUFACTURING ADVOCACY & GROWTH NETWORK INC. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 204027 204027 15006356 266337 14740019 14944046 X PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNDER THE INCOME TAXES TOPIC OF THE FASB ASC, THE ORGANIZATION IS REQUIRED TO IDENTIFY POTENTIAL UNCERTAIN TAX POSITIONS TAKEN, ASSESS AND QUANTIFY THOSE POSITIONS AND RECORD RESERVES. AS OF AND FOR THE YEAR ENDED JUNE 30, 2023, THE ORGANIZATION IDENTIFIED NO UNCERTAIN TAX POSITIONS. PART X, LINE 2 THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNDER THE INCOME TAXES TOPIC OF THE FASB ASC, THE ORGANIZATION IS REQUIRED TO IDENTIFY POTENTIAL UNCERTAIN TAX POSITIONS TAKEN, ASSESS AND QUANTIFY THOSE POSITIONS AND RECORD RESERVES. AS OF AND FOR THE YEAR ENDED JUNE 30, 2023, THE ORGANIZATION IDENTIFIED NO UNCERTAIN TAX POSITIONS. 0 MANUFACTURING ADVOCACY & GROWTH NETWORK INC 1800 EAST 63RD STREET CLEVELAND OH 44103 341455043 501(C)(3) 1745812 0 SUPPORTED ORG - GENERAL OPERATING NEEDS 1 0 0 0 0 0 0 0 0 0 ETHAN KARP PRESIDENT & DIRECTOR 0 391912 0 50000 0 0 0 11067 0 16360 0 469339 0 0 X 1 1442211 BOOK VALUE 0 0 0 FORM 990, PART III, LINE 2 PROVIDING SUPPORT FOR MANUFACTURING ADVOCACY AND GROWTH NETWORK INC. (MAGNET,) INCREASING COMMUNITY INVOLVEMENT WITH AND SUPPORT FOR MAGNET, AND PROMOTING THE FACILITIES OF MAGNET, ACCEPTING AND EXPENDING FUNDS IN SUPPORT OF SUCH ACTIVITIES, AND DOING ALL THINGS NECESSARY OR APPROPRIATE IN ORDER TO ACCOMPLISH THE FOREGOING PURPOSES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM FROM INFORMATION PROVIDED BY MANAGEMENT. MANAGEMENT REVIEWS A PRELIMINARY COPY WITH THE FINANCE COMMITTEE. FINAL COPIES ARE PROVIDED TO BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD SIGNS A CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD ANALYZES THE ANNUAL PERFORMANCE REVIEWS AND COMPARES COMPENSATION FOR SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS TO DETERMINE COMPENSATION FOR ALL OTHER OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 CURRENT GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. MANUFACTURING ADVOCACY & GROWTH NETWORK INC 1800 EAST 63RD STREET CLEVELAND OH 44103 341455043 SUPPORT, EDUCATE AND CHAMPION MANUFACTURING IN OHIO OH 501(C)(3) LINE 7 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 MANUFACTURING ADVOCACY & GROWTH NETWORK INC B 1745812 CASH MANUFACTURING ADVOCACY & GROWTH NETWORK INC C 1442211 LAND/BUILDING - BOOK VALUE MANUFACTURING ADVOCACY & GROWTH NETWORK INC J 485333 CASH