2024-09-16T20:37:00-05:00 2023-12-31 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2023-01-01 521073576 THE MANUFACTURING INSTITUTE MANU 2026373426 733 10TH STREET NW 700 WASHINGTON DC 20001 CAROLYN LEE PRESIDENT & EXECUTIVE DIRECTOR 2026373426 2024-09-16 1 0 AARON M FOX P01365820 2022274000 2024-09-16 2023 2024-08-08 14:25:15Z CAROLYN LEE 733 10TH STREET NW 700 WASHINGTON DC 20001 8214206 0 X WWW.THEMANUFACTURINGINSTITUTE.ORG X 1976 DC THE MANUFACTURING INSTITUTE'S MISSION IS TO BUILD A RESILIENT MANUFACTURING WORKFORCE PREPARED FOR THE CHALLENGES AND OPPORTUNITIES OF THE FUTURE. THROUGH IMPLEMENTING GROUNDBREAKING PROGRAMS, CONVENING INDUSTRY LEADERS AND CONDUCTING INNOVATIVE RESEARCH, THE MI FURTHERS INDIVIDUAL OPPORTUNITY, COMMUNITY PROSPERITY AND A MORE COMPETITIVE MANUFACTURING INDUSTRY. AS THE 501 (C)3 NONPROFIT WORKFORCE DEVELOPMENT AND EDUCATION AFFILIATE OF THE NATIONAL ASSOCIATION OF MANUFACTURERS, THE MI IS A TRUSTED ADVISER TO MANUFACTURERS, EQUIPPING THEM WITH SOLUTIONS TO ADDRESS THE TOUGHEST WORKFORCE ISSUES. 8 6 0 6 0 0 7616714 6432887 1372948 1637554 9232 134823 0 8942 8998894 8214206 50000 227500 0 0 4430794 4230321 0 0 612000 7156971 5133786 11637765 9591607 -2638871 -1377401 10834691 8505501 2465730 1513941 8368961 6991560 X THE MANUFACTURING INSTITUTE'S MISSION IS TO BUILD A RESILIENT MANUFACTURING WORKFORCE PREPARED FOR THE CHALLENGES AND OPPORTUNITIES OF THE FUTURE. THROUGH IMPLEMENTING GROUNDBREAKING PROGRAMS, CONVENING INDUSTRY LEADERS AND CONDUCTING INNOVATIVE RESEARCH, THE MI FURTHERS INDIVIDUAL OPPORTUNITY, COMMUNITY PROSPERITY AND A MORE COMPETITIVE MANUFACTURING INDUSTRY. AS THE 501 (C)3 NONPROFIT WORKFORCE DEVELOPMENT AND EDUCATION AFFILIATE OF THE NATIONAL ASSOCIATION OF MANUFACTURERS, THE MI IS A TRUSTED ADVISER TO MANUFACTURERS, EQUIPPING THEM WITH SOLUTIONS TO ADDRESS THE TOUGHEST WORKFORCE ISSUES. 0 0 1879692 235322 CONNECTING THE MILITARY WITH MANUFACTURING CAREER OPPORTUNITIES: THE MI'S HEROES MAKE AMERICA BUILDS CONNECTIONS BETWEEN THE MILITARY COMMUNITY AND THE MANUFACTURING INDUSTRY. THE PROGRAM PROVIDES INTEGRATED CERTIFICATION AND CAREER-READINESS TRAINING IN PARTNERSHIP WITH LOCAL COMMUNITY COLLEGES TO PREPARE TRANSITIONING SERVICE MEMBERS, VETERANS, NATIONAL GUARD, RESERVISTS AND MILITARY SPOUSES FOR REWARDING CAREERS IN MANUFACTURING. 1298777 35923 PROVIDING GLOBAL-BEST WORKFORCE DEVELOPMENT: THE MI'S FAME USA INITIATIVE DEVELOPS HIGHLY SKILLED, PROFESSIONAL AND SOUGHT-AFTER TALENT WHO CAN MEET THE UNIQUE NEEDS AND CHALLENGES OF TODAY'S MODERN MANUFACTURING WORKFORCE. THIS EARN-WHILE-YOU LEARN PROGRAM FEATURES STRONG TECHNICAL TRAINING, INTEGRATION OF MANUFACTURING CORE COMPETENCIES, INTENSIVE PROFESSIONAL PRACTICES AND INTENTIONAL HANDS-ON EXPERIENCE. 1158127 50000 INSPIRING WOMEN AND YOUNG ADULTS TO PURSUE CAREERS IN MODERN MANUFACTURING: THROUGH ITS CAREERS ON TRACK INITIATIVE, THE MI IS SUPPORTING WORKFORCE DEVELOPMENT AND CAREER SOLUTIONS FOR YOUNG WOMEN BY CREATING A DIGITAL STEM CURRICULUM, A VIRTUAL 3D-MAPPING STEM EXPERIENCE, STEM MICRO-GRANT PROGRAM FOR YOUNG WOMEN AND COMPELLING PUBLIC EVENTS TO SHOWCASE THE CAREERS OPPORTUNITIES IN THE INDUSTRY FOR STUDENTS, PARENTS AND TEACHERS. 4206685 177500 1366309 ALL OTHER PROGRAMS 4206685 177500 1366309 8543281 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 18 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 6 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 AL AR CA FL GA IL KS KY MD MA MI MN MS MO NH NJ NC OR PA RI SC TN UT VA WV WI X DENZEL BLOUNT 2026373000 733 10TH STREET NW 700 WASHINGTON DC 20001 X JAY TIMMONS BOARD CHAIR 2.00 40.00 X X 0 3477365 871639 TODD BOPPELL DIRECTOR & ACTING TREASURER 1.00 40.00 X X 0 627191 41769 MARY ANDRINGA DIRECTOR 1.00 0.00 X 0 0 0 KARL HUTTER DIRECTOR 1.00 1.00 X 0 0 0 ROSE LEE DIRECTOR 1.00 1.00 X 0 0 0 CHRIS NIELSEN DIRECTOR 1.00 1.00 X 0 0 0 NICOLAS PINCHUK DIRECTOR 1.00 1.00 X 0 0 0 KATHY WENGEL DIRECTOR 1.00 1.00 X 0 0 0 CAROLYN LEE PRESIDENT & EXECUTIVE DIRECTOR 40.00 1.00 X 502298 0 49139 JULIE CHASE GENERAL COUNSEL AND SECRETARY 1.00 40.00 X 0 244531 28498 KEITH SMITH CHIEF ADMINISTRATIVE OFFICER 34.00 6.00 X 368604 65048 34955 HERBERT GRANT VP - PROGRAM EXECUTION 40.00 0.00 X 232641 0 9720 GARDNER CARRICK VP - WORKFORCE SOLUTIONS 40.00 0.00 X 232284 0 18979 POOJA TRIPATHI SENIOR DIRECTOR WORKFORCE INNOVATION 40.00 0.00 X 156722 0 20022 JAMES DAVIS NATIONAL DIRECTOR - FAME USA 40.00 0.00 X 152214 0 35216 AMY THOMAS NATIONAL DIRECTOR - MILITARY & VETERANS INITIATIVE 40.00 0.00 X 148308 0 13475 1793071 4414135 1123412 0 0 1 0 SOLUTIONS FOR INFORMATION DESIGN LLC 8204 GREENTREE MANOR LANE FAIRFAX STATION VA 22039 CONSULTANT, MILITARY LERS INITIATIVE 424201 NEOVATION CORPORATION 383 PROVENCHER BLVD 109 WINNIPEG MANITOBA CA R2H 0G9 ELEARNING COURSE CREATION 280058 EVERFI 2300 N STREET NW SUITE 500 WASHINGTON DC 20037 CONSULTANTS FOR ENDEAVOR INITIATIVE 259000 CMI AUDIOVISUAL 9901 BUSINESS PARKWAY LANHAM MD 20706 AUDIO VISUAL 239519 MAC PROUDCTIONS INC 242 W PIKE STREET COVINGTON KY 41011 AUDIO VISUAL 230679 7 145000 277390 6010497 6432887 MEETINGS 900099 1637554 1637554 1637554 134823 134823 OTHER INCOME 900099 8942 8942 8942 8214206 1637554 0 143765 X 227500 227500 971508 99950 640861 230697 2673157 2151497 217227 304433 585656 454142 54644 76870 15253 1240 14013 13525 13525 3271842 3252438 19404 68869 68869 78146 55410 22736 120000 20000 100000 276980 254766 22214 1143016 1126050 16966 EQUIPMENT 77373 69577 7796 SUBSCRIPTIONS 32300 3718 28582 MISCELLANEOUS 29730 27927 1803 MEMBER DUES 6752 677 6075 729520 -729520 9591607 8543281 436326 612000 376397 6593022 5825700 4233319 2261671 41733 8350 0 2320 2320 0 0 10834691 8505501 1282330 950891 1183400 548050 15000 2465730 1513941 X 1235401 1881830 7133560 5109730 8368961 6991560 10834691 8505501 -1377401 0 X 0 1 X 1 0 X 2635055 7361564 10831183 7616714 6432887 34877403 2635055 7361564 10831183 7616714 6432887 34877403 13451359 21426044 13339 4707 1177 9232 134823 163278 30450 5 8942 39397 35080078 5711658 0.61080 0.59940 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 518 518 9591089 9591607 629580 157395 0 0 347615 508889 731888 629580 2217972 3326958 5541 1814 764 518 8637 86904 127222 182972 157395 554493 831740 2320 2320 0 0 X 8214206 0 8214206 0 8214206 9591607 0 9591607 0 9591607 PART X, LINE 2: THE INSTITUTE PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. 1 JOBS FOR THE FUTURE INC 50 MILK STREET BOSTON MA 02109 061164568 501(C)(3) 150000 0 MILITARY LERS & BADGING MANUFACTURING SKILLS GOODWILL OF NORTH GEORGIA INC 2201 LAWRENCEVILLE HIGHWAY DECATUR GA 30033 208351046 501(C)(3) 20000 0 ATLANTA SECOND CHANCE -PILOT LAUNCH BOYS & GIRLS CLUB OF THE TWIN CITIES 690 JACKSON STREET ST PAUL MN 55130 410842657 501(C)(3) 10000 0 MANUFACTURING INSTITUTE AND UNION PACIFIC CAREER READINESS GRANT IURBAN TEEN 1211 DANIELS STREET VANCOUVER WA 98666 465015461 501(C)(3) 10000 0 MANUFACTURING INSTITUTE AND UNION PACIFIC CAREER READINESS GRANT GIRLS INCORPORATED OF OMAHA 2811 N 45TH STREET OMAHA NE 68105 470562184 501(C)(3) 10000 0 MANUFACTURING INSTITUTE AND UNION PACIFIC CAREER READINESS GRANT GIRLS INC OF ALAMEDA COUNTY 510 16TH STREET OAKLAND CA 94612 941558073 501(C)(3) 10000 0 MANUFACTURING INSTITUTE AND UNION PACIFIC CAREER READINESS GRANT PLAYERS PHILANTHROPY FUND 1122 KENILWORTH DRIVE TOWSON MD 21204 276601178 501(C)(3) 10000 0 MANUFACTURING INSTITUTE AND UNION PACIFIC CAREER READINESS GRANT GOODWILL INDUSTRIES OF THE SOUTHERN RIVERS INC 2601 CROSS COUNTRY DRIVE COLUMBUS GA 31906 586035822 501(C)(3) 7500 0 SECOND CHANCE HIRING PROGRAM 8 0 PART I, LINE 2: ALL NEW GRANTS BROUGHT IN BY THE MANUFACTURING INSTITUTE ARE ASSIGNED A UNIQUE ACCOUNT NUMBER. THE INSTITUTE PROVIDES THE ACCOUNTING STAFF WITH AN APPROVED BUDGET FOR THE GRANT ALONG WITH DETAILED INFORMATION AS TO HOW THE FUNDS WILL BE SPENT (I.E. SALARIES, CONSULTANTS, SUPPLIES, ETC). CONSULTANTS CONTRACTS ARE ALSO SUPPLIED FOR DOCUMENTATION. THE FUNDS ARE MONITORED ON A MONTHLY BASIS BY THE NAM CONTROLLER, THE INSTITUTE'S TREASURER, AND THE INDIVIDUAL PROJECT MANAGERS. FOR GRANTS PROVIDED BY THE MANUFACTURING INSTITUTE, THE AWARDEES ARE REQUIRED TO ENTER INTO A WRITTEN SERVICE AGREEMENT WITH THE INSTITUTE THAT OUTLINES THE SCOPE OF SERVICES OR WORK TO BE PERFORMED WITH GRANT FUNDS, TERM OF FUNDING, AND SPECIFIC DELIVERABLES EXPECTED. THESE AGREEMENTS ARE SUBJECT TO THE INSTITUTE'S CONTRACT AUTHORIZATION POLICY. AS PART OF THE MANUFACTURING INSTITUTE'S MISSION, IT HAS PROVIDED GRANT FUNDING TO ORGANIZATIONS TO EXPAND SECOND CHANCE HIRING INITIATIVES WITH REGIONAL PARTNERS TO PROMOTE THE RECRUITMENT OF INDIVIDUALS INVOLVED WITH THE JUSTICE SYSTEM INTO MANUFACTURING CAREERS. 0 1 0 0 0 0 0 0 0 JAY TIMMONS BOARD CHAIR 0 1590005 0 1700000 0 187360 0 848900 0 22739 0 4349004 0 0 TODD BOPPELL DIRECTOR & ACTING TREASURER 0 454521 0 170000 0 2670 0 26400 0 15369 0 668960 0 0 CAROLYN LEE PRESIDENT & EXECUTIVE DIRECTOR 363968 0 136500 0 1830 0 26400 0 22739 0 551437 0 0 0 KEITH SMITH CHIEF ADMINISTRATIVE OFFICER 268346 47355 96178 16973 4080 720 22440 3960 7272 1283 398316 70291 0 0 JULIE CHASE GENERAL COUNSEL AND SECRETARY 0 230502 0 12539 0 1490 0 19600 0 8898 0 273029 0 0 GARDNER CARRICK VP - WORKFORCE SOLUTIONS 210303 0 20671 0 1310 0 18478 0 501 0 251263 0 0 0 HERBERT GRANT VP - PROGRAM EXECUTION 215409 0 14897 0 2335 0 9212 0 508 0 242361 0 0 0 JAMES DAVIS NATIONAL DIRECTOR - FAME USA 140753 0 9962 0 1499 0 12717 0 22499 0 187430 0 0 0 POOJA TRIPATHI SENIOR DIRECTOR WORKFORCE INNOVATIO 150533 0 5069 0 1120 0 11006 0 9016 0 176744 0 0 0 AMY THOMAS NATIONAL DIRECTOR - MILITARY & VETER 139132 0 7561 0 1615 0 11987 0 1488 0 161783 0 0 0 PART I, LINE 3 ALL EMPLOYEES OF THE MANUFACTURING INSTITUTE ARE COMPENSATED BY THE NATIONAL ASSOCIATION OF MANUFACTURERS AND COSTS ARE REIMBURSED BY MI. NAM USES AN INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, AND APPROVAL BY THE BOARD TO ESTABLISH COMPENSATION FOR THE EXECUTIVE DIRECTOR OF THE MANUFACTURING INSTITUTE. PART I, LINE 4B SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN JAY TIMMONS, $822,500 FORM 990, SCHEDULE J, PART II: NONE OF THE COMPENSATION OF JAY TIMMONS, TODD BOPPELL, AND JULIE CHASE IS PAID BY THE MANUFACTURING INSTITUTE. THE COMPENSATION OF ALL OTHER INDIVIDUALS LISTED IN FORM 990, PART VII, SECTION A, AS WELL AS FORM 990, SCHEDULE J, PART II IS PAID BY THE NATIONAL ASSOCIATION OF MANUFACTURERS AND OTHER THAN KEITH SMITH REIMBURSED 100% BY THE MANUFACTURING INSTITUTE. 85% OF KEITH SMITH'S COMPENSATION IS REIMBURSED BY THE MANUFACTURING INSTITUTE. FORM 990, SCHEDULE J, PART III: ALL EMPLOYEES OF THE MANUFACTURING INSTITUTE ARE COMPENSATED BY THE NATIONAL ASSOCIATION OF MANUFACTURERS AND THE MANUFACTURING INSTITUTE REIMBURSES THE NATIONAL ASSOCIATION OF MANUFACTURERS FOR THEIR SALARIES AND BENEFITS. THE NATIONAL ASSOCIATION OF MANUFACTURERS USES AN INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, AND APPROVAL BY THE BOARD TO ESTABLISH COMPENSATION FOR THE EXECUTIVE DIRECTOR OF THE MANUFACTURING INSTITUTE. FORM 990, PART VI, SECTION A, LINE 6 THE NATIONAL ASSOCIATION OF MANUFACTURERS IS THE SOLE MEMBER OF THE MANUFACTURING INSTITUTE. FORM 990, PART VI, SECTION A, LINE 7A THE NATIONAL ASSOCIATION OF MANUFACTURERS APPOINTS THE MEMBERS OF THE MANUFACTURING INSTITUTE'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND TREASURER, AND THEN REVIEWED AND APPROVED BY THE CHAIR AND A SECOND DIRECTOR. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND KEY EMPLOYEES HAVE TO COMPLETE AN ANNUAL CONFLICT OF INTEREST FORM DISCLOSING ANY CONFLICTS OR POTENTIAL CONFLICTS, AND THE FORMS ARE REVIEWED BY THE MI'S GENERAL COUNSEL. ANY CONCERNS ARE REPORTED TO THE MI BOARD BY THE MI GENERAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 15A ALL EMPLOYEES OF THE MI ARE COMPENSATED BY THE NATIONAL ASSOCIATION OF MANUFACTURERSAND COSTS ARE REIMBURSED BY THE MI. THE EXECUTIVE DIRECTOR'S ANNUAL COMPENSATION IS APPROVED BY THE MI BOARD. IN ADDITION TO THE ANNUAL PERFORMANCE APPRAISAL SYSTEM, THE BOARD REVIEWS DATA FOR VARIOUS SOURCES, INCLUDING OTHER SIMILAR ORGANIZATIONS, THIRD PARTY CONSULTANTS, AND OTHER INDUSTRY DATA, TO DETERMINE THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT-OF-INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A, LINE 1A: NONE OF THE COMPENSATION OF JAY TIMMONS, TODD BOPPELL, AND JULIE CHASE IS PAID BY THE MANUFACTURING INSTITUTE. THE COMPENSATION OF ALL OTHER INDIVIDUALS LISTED IN FORM 990, PART VII, SECTION A, AS WELL AS FORM 990, SCHEDULE J, PART II IS PAID BY THE NATIONAL ASSOCIATION OF MANUFACTURERS AND OTHER THAN KEITH SMITH REIMBURSED 100% BY THE MANUFACTURING INSTITUTE. 85% OF KEITH SMITH'S COMPENSATION IS REIMBURSED BY THE MANUFACTURING INSTITUTE. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 2,926,291. MANAGEMENT AND GENERAL EXPENSES 16,049. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,942,340. OTHER SERVICE FEES: PROGRAM SERVICE EXPENSES 326,147. MANAGEMENT AND GENERAL EXPENSES 3,355. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 329,502. NATIONAL ASSOCIATION OF MANUFACTURERS 733 10TH STREET NW 700 WASHINGTON DC 20001 131084330 TRADE ASSOCIATION NY 501(C)(6) N/A 0 INDUSTRIAL RESEARCH INSTITUTE 733 10TH STREET NW 700 WASHINGTON DC 20001 131540990 DISSOLVED MARCH 2023 NY 501(C)(6) NAM 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 NATIONAL ASSOCIATION OF MANUFACTURERS C 145000 FMV NATIONAL ASSOCIATION OF MANUFACTURERS N 120000 FMV NATIONAL ASSOCIATION OF MANUFACTURERS O 3745804 FMV NATIONAL ASSOCIATION OF MANUFACTURERS P 1187919 FMV