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← ASSOCIATION OF EQUIPMENT MANAGEMENT PROFESSIONALS INC

Form 990 for tax year 2023

Filed by ASSOCIATION OF EQUIPMENT MANAGEMENT PROFESSIONALS INC.

Totals

Total revenue
$689,850
Total expenses
$702,841
Contributions and grants received
$150,083
Grants paid
$0
Program service revenue
$522,723
Investment income
$1,646
Other revenue
$15,398
Total assets, end of year
$180,178
Total liabilities, end of year
$246,110
Net assets or fund balances, end of year
-$65,932
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $150,083

  • 2a · Program service revenue: MEETINGS

    total $330,325 · related or exempt $330,325

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $143,163 · related or exempt $143,163

  • 2c · Program service revenue: EDUCATION AND TRAINING

    total $49,235 · related or exempt $49,235

  • 3 · Investment income

    total $1,646 · excluded $1,646

  • 10a · Gross sales of inventory

    $14,350

  • 10b · Cost of goods sold

    $23,702

  • 10c · Net income from sales of inventory

    total -$9,352 · related or exempt -$9,352

  • 11a · Other revenue: ADVERTISING

    total $24,750 · unrelated business $24,750

  • 11e · Other revenue, total

    $24,750

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $396,096

  • 11b · Fees: legal

    total $168

  • 11g · Fees: other

    total $2,003

  • 12 · Advertising and promotion

    total $30,629

  • 13 · Office expenses

    total $21,022

  • 14 · Information technology

    total $4,253

  • 17 · Travel

    total $8,462

  • 19 · Conferences, conventions and meetings

    total $235,112

  • 23 · Insurance

    total $1,556

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $696

  • 24e · All other expenses

    total $2,844

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $146,023 · end of year $94,960

  • 2 · Savings and temporary cash investments

    beginning of year $135,509 · end of year $10,155

  • 9 · Prepaid expenses and deferred charges

    beginning of year $59,612 · end of year $75,043

  • 15 · Other assets

    beginning of year $10 · end of year $20

  • 17 · Accounts payable and accrued expenses

    beginning of year $20,400 · end of year $8,943

  • 18 · Grants payable

    beginning of year $860 · end of year $1,470

  • 19 · Deferred revenue

    beginning of year $372,835 · end of year $235,697

  • 27 · Net assets without donor restrictions

    beginning of year -$52,941 · end of year -$65,932

Mission and programs · 2023

Mission

BUILDING EXCELLENCE IN EQUIPMENT MANAGEMENT.

Activities or mission (Part I)

THE PURPOSE OF THE ASSOCIATION SHALL BE: TO HELP IMPROVE THE LEVEL OF CONTINUING EDUCATION OF PERSONNEL CONCERNED WITH THE MANAGEMENT AND MAINTENANCE OF EQUIPMENT; TO SERVE THE HEAVY EQUIPMENT USER INDUSTRIES BY ESTABLISHING GOOD WORKING RELATIONSHIPS WITH ANY AND ALL GROUPS AFFECTING THE DESIGN AND IMPROVEMENT OF DESIGN OF HEAVY EQUIPMENT; TO FACILITATE THE EXCHANGE OF TECHNICAL INFORMATION IN HEAVY EQUIPMENT MANAGEMENT AND MAINTENANCE; AND TO AID IN THE IMPROVEMENT OF EQUIPMENT, ITS MANAGEMENT AND ITS MAINTENANCE MANAGEMENT.

  • MEETINGS - THE ANNUAL MEETING IS DESIGNED TO PROMOTE THE FUTURE OF EQUIPMENT MANAGEMENT AND HOW TO TAKE YOUR FLEET OPERATIONS TO THE NEXT LEVEL. THE ANNUAL MEETING IS HELD EVERY MARCH. THE SUSTAINABILITY SUMMIT IS HELD EVERY SUMMER. EQUIPMENT SHIFT WAS HELD IN NORTH CAROLINA WITH 250 ATTENDEES. EACH EVENT FEATURES 10-15 EDUCATIONAL SESSIONS WITH A MIX OF PANEL DISCUSSIONS AND SMALL GROUP DISCUSSIONS, INCLUDING NETWORKING OPPORTUNITIES.

  • EDUCATION - PROGRAMS ARE HOSTED VIRTUALLY AND IN PERSON. EDUCATION INCLUDES THE IGNITE LEARNING LAB, TRIANGLE TALKS, AND THE EQUIPMENT MANAGEMENT SPECIALIST (EMS) CERTIFICATE. AEMP HOSTED TWO FINANCIAL LEARNING LABS. AEMP EDUCATION HELPS TRAIN EQUIPMENT MANAGERS FOR THE FUTURE AND PREPARE THEM FOR INDUSTRY CERTIFICATIONS AND ADVANCED TRAINING. AEMP UNIVERISTY IS OUR ONLINE LEARNING MANAGEMENT SYSTEM WITH VIDEOS, ARTICLES AND OTHER EDUCATIONAL CONTENT.

As filed on the 2023 return.

Listed in Part VII

  • Adam Ralph

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Tim Giggee

    CHAIRMAN ELECT

    Total calculated
    $0
    Hours/week
    1

  • Ernie Stephens

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Tim Morgan

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Brett Faucett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Craig Worrell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kirby Yakemchuk

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jon Kaye

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Matthew Case

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Steve Riddle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Peter Gage

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chad McKee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joe Baker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Roberto Bogdanoff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Battaglia

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
1 October 2024
IRS schema version
2023v5.1
Source object
202432789349301703

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