2026-05-08T16:51:48-07:00 2025-09-30 990 2024-10-01 371368934 ILLINOIS MANUFACTURING EXCELLENCE CENTER ILLI 3096773765 1501 West Bradley Avenue Peoria IL 61625 David Boulay President 3096773765 2026-05-08 1 2024 2025-03-06 01:10:19Z David Boulay 1501 W Bradley Avenue Peoria IL 61625 17807817 0 X www.imec.org X 1996 IL To foster the long-term economic and workforce competitiveness of the state and nation by stimulating innovation and the development of new practices, products, services, and production practices and to operate exclusively for educational and charitable purposes. 16 16 53 0 0 0 9863943 9197388 6887264 8394484 278421 215945 0 0 17029628 17807817 6018170 6239770 0 0 885583 1092245 0 0 0 9844875 9243947 16748628 16575962 281000 1231855 11459263 12018256 3791015 3118153 7668248 8900103 To foster the long-term economic and workforce competitiveness of the state and nation by stimulating innovation and the development of new practices, products, services, and production practices and to operate exclusively for educational and charitable purposes. 0 0 15355799 6239770 8394484 The Illinois Manufacturing Excellence Center (IMEC) is a not-for-profit organization dedicated to providing technical, management and financial assistance as well as consulting and training service to manufacturing and technology-related firms, and to related industries that impact such enterprises. Activities during the period include service to 3709 smaller manufacturers involving 772 technical assistance projects, 479 other informal assistance engagements, and dissemination of information to over 10,000 smaller manufacturers and manufacturing-related enterprises. 0 0 0 15355799 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 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 0 0 0 0 1 X 39 0 1 53 1 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 1 1 0 IL X Bradley University Financial Services Office 3096773490 1501 West Bradley Avenue Peoria IL 61625 X David Boulay President 40 X 360050 0 0 Marcia Ayala Director 0.70 X 0 0 0 Robert Barnett Director 0.7 X 0 0 0 David Carroll Director 0.7 X 0 0 0 Pedro DeJesus Director 0.7 X 0 0 0 David Fox Director 0.7 X 0 0 0 Mike Loquercio Director 0.7 X 0 0 0 Robert Herrmann Director 0.7 X 0 0 0 Ashley Moy Director 0.7 X 0 0 0 Caitlin Simhauser Director 0.7 X 0 0 0 Jeff Taylor Director 0.7 X 0 0 0 Craig Van den Avont Past Chair 0.7 X 0 0 0 Karen Watson Director 0.7 X 0 0 0 Jim Nelson Director 0.7 X 0 0 0 Mauro Frangipani Director 0.7 X 0 0 0 Michele Drew Rodriguez Chair 0.7 X 0 0 0 Scott Rempala Finance Committee Chair 0.7 X 0 0 0 Margy Sweeney Governance Committee Chair 0.7 X 0 0 0 Alex Nadotichy Director 0.7 X 0 0 0 Anthony Browning Director 0.7 X 0 0 0 360050 0 0 1 0 1 0 Bradley University 1501 W Bradley Ave Peoria IL 61625 Employment/Accounting 833691 Cre8tive Technology and Design 4660 LaJolla Village Dr Suit 100 San Diego CA 92122 Consulting 820239 B2B Tail 118 Sunset Avenue Lakewood NY 14750 Consulting 413288 Stratmarketing Group LLC 1901 Butterfield Suite 220 Downers Grove IL 60515 Consulting 378270 Next Play Marketing 5 Turnberry Court Hawthorn Woods IL 60047 Consulting 233300 15 0 0 0 0 9193931 3457 0 9197388 Client Revenues 541990 8394484 8394484 0 0 0 0 0 0 8394484 215945 0 0 215945 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17807817 8394484 0 215945 X 6239770 6239770 0 0 0 0 0 0 364150 245675 118475 0 0 0 0 0 662202 617872 44330 0 0 0 0 0 2326 0 2326 0 63567 54567 9000 0 0 0 0 0 1444 716 728 0 29400 0 29400 0 48000 48000 0 0 0 0 0 0 0 0 0 0 0 0 45312 45312 0 0 282258 225999 56259 0 150586 15392 135194 0 0 0 0 0 64159 0 64159 0 414890 404963 9927 0 0 0 0 0 59900 59900 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21895 0 21895 0 Contractual Services 6995482 6267337 728145 0 Awards 1058201 1058201 0 0 72420 72095 325 0 16575962 15355799 1220163 0 7603366 9072665 0 0 2455533 1623615 1192019 1165802 0 0 0 0 0 0 0 0 116880 124929 0 0 0 0 0 0 0 0 0 91465 31245 11459263 12018256 1235549 537538 1035276 635542 0 0 0 0 0 0 0 0 0 0 0 0 1520190 1945073 3791015 3118153 X 7668248 8900103 0 0 7668248 8900103 11459263 12018256 1231855 0 0 0 0 0 X 1 X 1 X 1 1 1 X 8657240 7109793 8432848 9863943 9193931 43257755 0 0 0 0 0 0 0 0 0 0 0 0 8657240 7109793 8432848 9863943 9193931 43257755 0 43257755 2416 16944 182838 278421 215945 696564 0 0 0 0 0 0 0 0 0 0 0 0 43954319 8394484 0.98415 0.98793 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 101975 0 0 101975 0 Schedule C, Part II-B, Line 1 Schedule C, Part II-B, Line 1 - Lobbying activities include: Used an independent consultant for legislative consulting services, including lobbying activities. The independent consultant takes direction from and reports to the president of IMEC. Also IMEC is a member of the American Small Manufacturer's Coalition. 0 Deferred Revenue 1261655 Incentive Payable 652173 Operating Lease Obligation 31245 1945073 X 17807817 0 0 0 0 0 17807817 0 0 0 17807817 16575962 0 0 0 0 0 16575962 0 0 0 16575962 Schedule D, Part X Schedule D, Part X - Line 3: IMEC leases office facilities under a long-term, non-cancelable lease agreement. This line represents the present value of minimum lease payments. Schedule D, Part X, Line 2 Schedule D, Part X, Line 2 - A portion of IMEC's revenue is derived from cost-reimbursable Federal grants, which are conditioned upon certain performance requirements and/or the incurrence of allowable qualifying expenses. A portion of IMEC's program income balance must be returned to the funder at the end of each five year cycle. The unearned revenue reflects the portion of the program income balance that would need to be returned if the grant cycle was over. 1 University of Illinois-Chicago 28395 Network Place Chicago IL 60673 376000511 State of Illinois 3182356 Client Services Northern Illinois University Lowden Hall 201 Dekalb IL 60115 376008480 State of Illinois 1620471 Client Services Southern Illinois University 900 S Normal Avenue MC4709 Carbondale IL 62901 376005961 State of Illinois 953918 Client Services Bradley University 1501 West Bradley Avenue Peoria IL 61625 370661494 501(C)3 483025 Client Services 1 3 Schedule I, Part I, Line 2 Schedule I, Part I, Line 2 - The organization has subrecipients that assist in providing technical, management and financial assistance as well as consulting and training services to manufacturing and technology-related firms and to related industries that impact such enterprises in the State of Illinois. The subrecipients submit a monthly expenditure report that identifies their expenditures of IMEC funds for a particular month. The subrecipients also sign a certification statement that is part of the monthly expenditure report that states all outlays and unduplicated obligations are for the purpose set forth in the award documents and that all costs are allowable. Additionally, the IMEC president and/or leadership staff meet with designated subrecipient staff on a periodic basis and all subrecipients are required to provide IMEC with their annual organizational audits. X X 0 0 0 0 0 1 0 0 0 David Boulay President 310050 0 50000 0 0 0 0 0 0 0 360050 0 0 0 Schedule J, Part I, Line 3 Compensation for IMEC's president is established by IMEC's board of directors' personnel committee and approved by the full board. The board reviews data gathered from comparable organizations in setting salary. Schedule J, Part I, Line 6 Net earnings along with other organizational performance metrics are used to determine IMEC's annual bonus. Form 990, Part V, Line 1a Bradley University serves as the fiscal agent for IMEC. Per the instructions relating to reporting agents of the filing organization, the number reported on line 1a is the number of forms filed by the university for providers of services to IMEC for calendar year 2024. Form 990, Part V, Line 2a Bradley University has been granted authority to perform the acts required under Section 3505, Chapters 21, 22, 24 and/or 25 of Subtitle C of the Internal Revenue Code on behalf of IMEC. Bradley University has also been granted authority to perform the acts required under Revenue Procedure 84-33 with regard to backup withholding on behalf of IMEC. With the exception of IMEC's president, IMEC staff's primary compensation is received as employees of host organizations that are IMEC subrecipient/contractors. IMEC's president, David Boulay, is paid as an IMEC employee. IMEC utilizes ADP payroll services for his payroll as well as for supplemental compensation for staff contracted to IMEC by its subrecipient/contractors. Form 990, Part VI, Section A, Line 9 Marcia Ayala, Aurora Specialty Textiles Group, 2705 N Bridge Street, Yorkville, IL 60560; Robert Barnett, 1445 S Ridge Road, Lake Forest, IL 60045; David Carroll, CU Aerospace, 3001 Newmark Drive, Champaign, IL 61822; Pedro DeJesus, Tampico Beverages, 3106 N Campbell Avenue, Chicago, IL 60618; David Fox, Advocate Good Samaritan Hospital, 3815 Highland Avenue, Downers Grove, IL 60515; Mike Loquercio, Reyes Coca-Cola Bottling, 7400 N Oak Park Avenue, Niles, IL 60714; Robert Herrmann, Rheo Engineering, 8800 N Allen Road, Peoria, IL 61615; Ashley Moy, Cast21, 965 W Chicago Avenue, Chicago, IL 60642; Caitlin Simhauser, Ronk Electrical Industries Inc, 106 E State Street, Nokomis, IL 62075; Jeff Taylor, Crafts Technology, 91 Joey Drive, Elk Grove Village, IL 60007; Craig Van den Avont, GAM Enterprises Inc, 901 E Business Center Drive, Mt. Prospect, IL 50056; Karen Watson, International Filter Mfg Corp, 713 S Columbian Boulevard, Litchfield, IL 62056; Jim Nelson, Parr Instrument Company, 211 53rd Street, Moline, IL 61265; Mauro Frangipani, Freudenberg Household Products, 2188 Diehl Road, Aurora, IL 60502; Michelle Drew Rodriguez, Roland Berger, 300 N LaSalle Street, Suite 2000, Chicago, IL 60654; Scott Rempala, Mighty Hook Inc, 1017 N Cicero Avenue, Chicago, IL 60651; Margy Sweeney, Akrete, 1880 Oak Avenue, Suite 301, Evanston, IL 60201; Alex Nadotichy, General Assembly and Manufacturing Corp, 750 Industrial Drive, Cary, IL 60013; Anthony Browning, Hella Electronics Corp, 1101 Vincennes Avenue, PO Box 398, Flora, IL 62839 Form 990, Part VI, Section B, Line 11b This form is prepared by IMEC's fiscal agent in collaboration with the IMEC president and vice-president for finance. A draft is reviewed by the IMEC president and vice-president for finance. When the final draft is completed, it is distributed to board members for their review prior to submission. Form 990, Part VI, Section B, Line 12c IMEC's Conflict of Interest Policy is published in IMEC's Knowledge Database. Employees are required to annually acknowledge their receipt of the policy as well as their understanding of, and agreement to comply with, the policy. When IMEC becomes aware of a potential conflict of interest, the organization follows the process as described in its policy. The Conflict of Interest policy in the board by-laws (section 2.8) provides additional guidance for the board. Specifically, the by-laws address topics including that directors and their companies may not receive special consideration for IMEC services, that conflicts should be disclosed and made a matter of record, and directors should not vote on any matter of conflict. Form 990, Part VI, Section B, Line 15 Compensation for IMEC's president is established by IMEC's Board of Directors' executive committee and approved by the full board. On an annual basis, the board reviews data gathered from comparable organizations in setting salary. IMEC's president establishes the salary for the employees of host organizations that are assigned to IMEC, utilizing board input as well as independent salary data for comparable job responsibilities. Form 990, Part VI, Section C, Line 19 IMEC's governing documents, conflict of interest policy, and financial statements are made available to the public upon request. Form 990, Part VII, Section A, Line 1a David Boulay, IMEC president, is an employee of IMEC. His reportable compensation as an IMEC employee is included in accordance with the instructions. Form 990, Part IX, Line 24a - 24d A significant portion of IMEC's costs are incurred by IMEC's subrecipients that assist the organization in delivering manufacturing-related services to Illinois manufacturers. All of the $6,239,770 in subrecipient expenditures is classified as program services.