2025-10-16T15:12:16-05:00 2024-12-31 331498605 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT STE 300 AUBURN HILLS MI 48326 990 2024-01-01 463793024 AMERICAN LIGHTWEIGHT MATERIALS MANUFACTURING INNOVATION INSTITUTE AMER 3133099005 1400 ROSA PARKS BOULEVARD DETROIT MI 48216 NIGEL J FRANCIS CEO, EXECUTIVE DIRECTOR 3133099005 2025-10-09 1 1 ALYSSA M KENT P01701477 2483757100 2025-10-09 2024 2025-03-06 01:10:19Z LIGHTWEIGHT INNOVATION FOR TOMORROW NIGEL J FRANCIS 1400 ROSA PARKS BOULEVARD DETROIT MI 48216 43295097 0 X WWW.LIFT.TECHNOLOGY X 2013 MI TO OPERATE THE NATIONAL ADVANCED MATERIALS AND MANUFACTURING INNOVATION INSTITUTE THAT DRIVES AMERICAN ADVANCED MANUFACTURING INTO THE FUTURE THROUGH TECHNOLOGY AND TALENT DEVELOPMENT. 6 2 68 3 0 0 40900816 39718164 2206521 2031280 471631 590067 -100380 128832 43478588 42468343 0 0 0 0 9399654 11822513 0 0 2832290 29428434 24564355 38828088 36386868 4650500 6081475 57219153 59589788 16952820 13184305 40266333 46405483 TO DRIVE AMERICAN ADVANCED MANUFACTURING INTO THE FUTURE THROUGH TECHNOLOGY AND TALENT DEVELOPMENT. 0 0 20981310 2031280 ADVANCING AMERICAN MANUFACTURING INTO THE FUTURE THROUGH TECHNOLOGY DEVELOPMENT. 5823455 ADVANCING AMERICAN MANUFACTURING INTO THE FUTURE THROUGH EDUCATION AND WORKFORCE DEVELOPMENT. 26804765 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 32 0 1 68 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MI X VICTOR CLAUDIO 3133099005 1400 ROSA PARKS BOULEVARD DETROIT MI 48216 BECKY STEWART BOARD CHAIR 2.00 X X 0 0 0 ZACH MEARS VICE CHAIR 2.00 X X 80000 0 0 KAREN M BELANS DIRECTOR 2.00 X 80000 0 0 MARTIN KINSELLA DIRECTOR - PART YEAR 2.00 X 40000 0 0 PAULA SORRELL DIRECTOR - PART YEAR 2.00 X 40000 0 0 HENRY CIALONE DIRECTOR - PART YEAR 2.00 X 40000 0 0 NIGEL J FRANCIS CEO/EXECUTIVE DIRECTOR 40.00 X X 613752 0 53811 DEL COSTY DIRECTOR 2.00 X 20000 0 0 HARRIS NG DIRECTOR 2.00 X 0 0 0 MICHAEL BERNARD SECRETARY 2.00 X 83063 0 0 VICTOR CLAUDIO CFO/TREASURER 40.00 X 486225 0 43568 NOEL MACK CHIEF TECHNOLOGY OFFICER 40.00 X 433785 0 52184 KEVIN KERRIGAN VP OF BUSINESS DEVELOPMENT 40.00 X 255057 0 44476 JOE STEELE VP OF COMM & LEGISLATIVE AFFAIRS 40.00 X 257115 0 50469 ROBERT SHANER VP OF TALENT 40.00 X 230199 0 46911 ANTHONY BROMWELL VP OF ADVANCED DEVELOPMENT 40.00 X 194729 0 26940 AMBERLEE HASELHUHN SR. DIR. OF MATERIALS ENGINEERING 40.00 X 183992 0 35059 JOHN KEOGH SR. DIR. OF TECH ENGINEERING 40.00 X 211723 0 33523 PETER CZECH SR. DIR. OF GOV'T PROGRAMS 40.00 X 205835 0 19801 NANCY CUMMINS SR. DIR. OF CORP CONTROLLER 40.00 X 198109 0 24782 DAVID HICKS ENGINEERING MANAGER 40.00 X 187685 0 32924 3841269 0 464448 41 0 1 1 UNIVERSAL ACHEMETAL 950 N KINGS HIGHWAY STE 208 CHERRY HILLS NJ 08034 SCIENTIFIC RESEARCH SERVICES 5502840 UNIVERSITY OF MASSACHUSETTS AMHERST 100 VENTURE WAY STE 201 HADLEY MA 01035 SCIENTIFIC RESEARCH SERVICES 1636462 FRONTIER PERFORMANCE POLYMERS CORPORATIO 5 EASTMAN ROAD PARSIPPANY NJ 07054 SCIENTIFIC RESEARCH SERVICES 930150 QUESTEK INNOVATIONS LLC 1820 RIDGE AVE EVANSTON IL 60201 SCIENTIFIC RESEARCH SERVICES 755844 GOODWIN STEEL CASTINGS LIMITED IVY HOUSE FOUNDRY HANLEY ENGLAND UK ST1 3NR SCIENTIFIC RESEARCH SERVICES 746642 56 39718164 39718164 MEMBERSHIP 541900 1748049 1748049 INDUSTRY PROJECT INCOME 900099 283231 283231 2031280 590067 590067 955586 826754 128832 128832 128832 42468343 2031280 0 718899 3172283 3172283 6670729 5327609 24543 1318577 414710 251761 109744 53205 965686 586246 255548 123892 599105 478478 2204 118423 265224 265224 196170 196170 1579347 419020 902897 257430 129593 129593 1456453 1434838 21615 1111093 724954 301445 84694 1200597 1106806 93791 712314 198153 514161 113003 37406 75597 30284 30284 4590114 4138320 451794 186361 186361 TECHNOLOGY SUBCONTRACTS 11143998 10427913 716085 EDUCATION & WORKFORCE D 1708039 1708039 DUES & MEMBERSHIP 136765 2628 71210 62927 BAD DEBT 5000 5000 36386868 26804765 6749813 2832290 12919417 13895271 6314123 6609054 741513 420448 57375878 27906034 27928381 29469844 5007972 4962736 4307747 4232435 57219153 59589788 9382609 7815556 2059394 38718 5510817 5330031 16952820 13184305 X 40166333 45405483 100000 1000000 40266333 46405483 57219153 59589788 6081475 57675 0 X X 0 1 X 1 1 1 X 15675845 29352274 31539494 40900816 39718164 157186593 15675845 29352274 31539494 40900816 39718164 157186593 157186593 770553 673418 718319 1218303 1545653 4926246 272853 272853 162385692 8507288 0.96800 0.96840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9040248 5217350 3822898 33433234 8268926 25164308 14902396 14419758 482638 29469844 SECURITY DEPOSIT 181534 RIGHT OF USE LEASE ASSET 4050901 4232435 REFUNDABLE ADVANCES 35834 CONTRACT LIABILITIES 1101060 LEASE LIABILITY 4193137 5330031 48574944 57675 5222172 826754 6106601 42468343 0 42468343 42435794 5222172 826754 6048926 36386868 0 36386868 PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 826,754. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 826,754. X 1 1 X X X X X X 0 0 0 0 0 1 0 0 0 NIGEL J FRANCIS CEO/EXECUTIVE DIRECTOR 444264 0 169488 0 0 0 24150 0 29661 0 667563 0 0 0 VICTOR CLAUDIO CFO/TREASURER 365100 0 121125 0 0 0 18089 0 25479 0 529793 0 0 0 NOEL MACK CHIEF TECHNOLOGY OFFICER 332722 0 101063 0 0 0 21850 0 30334 0 485969 0 0 0 JOE STEELE VP OF COMM & LEGISLATIVE AFFAIRS 216615 0 40500 0 0 0 17039 0 33430 0 307584 0 0 0 KEVIN KERRIGAN VP OF BUSINESS DEVELOPMENT 212034 0 43023 0 0 0 10974 0 33502 0 299533 0 0 0 ROBERT SHANER VP OF TALENT 205550 0 24649 0 0 0 12919 0 33992 0 277110 0 0 0 JOHN KEOGH SR. DIR. OF TECH ENGINEERING 194335 0 17388 0 0 0 15062 0 18461 0 245246 0 0 0 PETER CZECH SR. DIR. OF GOV'T PROGRAMS 188250 0 17585 0 0 0 14409 0 5392 0 225636 0 0 0 NANCY CUMMINS SR. DIR. OF CORP CONTROLLER 181729 0 16380 0 0 0 14092 0 10690 0 222891 0 0 0 ANTHONY BROMWELL VP OF ADVANCED DEVELOPMENT 194729 0 0 0 0 0 12996 0 13944 0 221669 0 0 0 DAVID HICKS ENGINEERING MANAGER 172244 0 15441 0 0 0 13054 0 19870 0 220609 0 0 0 AMBERLEE HASELHUHN SR. DIR. OF MATERIALS ENGINEERING 166604 0 17388 0 0 0 13073 0 21986 0 219051 0 0 0 PART I, LINE 1A VP LEVEL AND ABOVE STAFF WITH APPROVAL MAY ELECT FIRST-CLASS AIRFARE FOR BUSINESS PURPOSES. OTHER STAFF MAY ALSO BE APPROVED FOR MEDICAL REASONS. THIS IS NOT TREATED AS TAXABLE COMPENSATION TO THE EMPLOYEE. PART I, LINE 6 THE ORGANIZATION'S INCENTIVE COMPENSATION PLAN IS CALCULATED FOR EACH ELIGIBLE EMPLOYEE AS A PERCENTAGE OF THEIR BASE PAY AND ACHIEVEMENT OF A VARIETY OF GOALS INCLUDING INDIVIDUAL GOALS AND SHARED TEAM GOALS RELATED TO THE INSTITUTE'S SALES AND NET INCOME. THE TARGETS FOR SALES AND NET INCOME ARE DERIVED FROM THE ANNUAL BUDGET, WHICH IS APPROVED BY THE BOARD OF DIRECTORS. THE INCENTIVE COMPENSATION PLAN IS APPROVED BY THE BOARD OF DIRECTORS ANNUALLY. THE RESULTS ARE ALSO APPROVED BY THE BOARD OF DIRECTORS PRIOR TO PAYMENT TO EMPLOYEES. PART II, UNRELATED ORGANIZATION: MICHAEL BERNARD IS COMPENSATED BY AN UNRELATED LAW FIRM FOR SERVICES PROVIDED TO ALMMII IN HIS CAPACITY AS AN OFFICER. THE LAW FIRM BILLED ALMMII $83,603 FOR SERVICES RENDERED BY THE OFFICER DURING 2024. FORM 990, PART VI, SECTION B, LINE 11B AN OUTSIDE ACCOUNTING FIRM PREPARES THE FORM 990, AND ALMMII'S CFO, TREASURER, AND FINANCE COMMITTEE REVIEW THE FORM 990. A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EVERY EMPLOYEE IS REQUIRED UPON HIRE TO REVIEW AND SIGN THE ALMMII CONFIDENTIALITY POLICY. ALMMII CONSISTENTLY REVIEWS ITS CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS WITH EACH EMPLOYEE AND REQUIRES THEM TO DISCLOSE ANY NEW CONFLICT OF INTEREST. WITH RESPECT TO THE BOARD AND CORPORATE OFFICERS, THERE IS A WRITTEN CONFLICT OF INTEREST POLICY ADOPTED IN MARCH 2024. IN ADDITION, THE CHARTER FOR THE NOMINATING AND GOVERNANCE COMMITTEE OF THE ALMMII BOARD SETS FORTH THE FOLLOWING AS PART OF SUCH COMMITTEE'S DUTIES AND RESPONSIBILITIES: REVIEW ANY CONFLICTS OF INTEREST THAT MAY AFFECT ALMMII OR ANY OF ITS RESPECTIVE EXECUTIVE OFFICERS OR BOARD MEMBERS. REPORTS TO THE BOARD SHOULD BE MADE TO ADDRESS ANY CONFLICT OF INTEREST ISSUE AS RECOMMENDED BY THE COMMITTEE AND DEEMED NECESSARY BY THE CHAIRMAN OF ALMMII. EACH MEMBER OF THE BOARD AND EACH EXECUTIVE OFFICER COMPLETES A CONFLICT OF INTEREST QUESTIONNAIRE UPON ELECTION TO THE BOARD, OR ON AN ANNUAL BASIS, OR AS NECESSARY, WHICH IS REVIEWED BY SUCH COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15A THE ALMMII BOARD HAS A COMPENSATION COMMITTEE WHOSE STATED PURPOSE IS TO MAKE RECOMMENDATIONS TO THE BOARD OF DIRECTORS WITH RESPECT TO THE COMPENSATION OF THE CEO & EXECUTIVE DIRECTOR, AS WELL AS THE OTHER EXECUTIVE OFFICERS OF ALMMII WHO REPORT DIRECTLY TO THE CEO & EXECUTIVE DIRECTOR, PLUS ANY EMPLOYEE OF ALMMII WHOSE TOTAL COMPENSATION EQUALS OR EXCEEDS THAT OF ANY OF SUCH DIRECT REPORTS. ALMMII'S BOARD REVIEWS THE RECOMMENDATIONS FROM THE COMPENSATION COMMITTEE AND APPROVES THE COMPENSATION AMOUNTS FOR THOSE EMPLOYEES. THE BOARD DOCUMENTS THE COMPENSATION SETTING PROCESS IN ITS MEETING MINUTES. THE BOARD APPROVED THE COMPENSATION PLAN FOR NON-EMPLOYEE BOARD MEMBERS BASED UPON ITS DETERMINATION THAT SUCH A PLAN WAS NECESSARY TO ATTRACT AND RETAIN QUALIFIED BOARD MEMBERS AND AFTER A MULTI-MONTH ANALYSIS, INCLUDING THE ENGAGEMENT OF A REPUTABLE COMPENSATION CONSULTING FIRM TO CONDUCT AN INDEPENDENT ASSESSMENT OF THE MARKET FOR BOARD COMPENSATION AMONG PEER ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 ALMMII MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, FOR THE SAME PERIOD OF TIME AS SET FORTH IN THE INTERNAL REVENUE CODE SECTION 6104(D). FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE STATEMENTS.