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← TRANSFORMER ASSOCIATION

Form 990 for tax year 2024

Filed by TRANSFORMER ASSOCIATION.

Totals

Total revenue
$239,651
Total expenses
$214,972
Contributions and grants received
$100,047
Grants paid
$0
Program service revenue
$139,604
Investment income
$0
Other revenue
$0
Total assets, end of year
$105,388
Total liabilities, end of year
$40,444
Net assets or fund balances, end of year
$64,944
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.

  • 1b · Membership dues

    $100,047

  • 2a · Program service revenue: FALL MEETING

    total $83,730 · related or exempt $83,730

  • 2b · Program service revenue: SPRING MEETING

    total $52,874 · related or exempt $52,874

  • 2c · Program service revenue: WEBSITE ADVERTISING

    total $3,000 · related or exempt $3,000

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $74,878

  • 11b · Fees: legal

    total $113

  • 11c · Fees: accounting

    total $1,235

  • 17 · Travel

    total $7,837

  • 19 · Conferences, conventions and meetings

    total $100,290

  • 23 · Insurance

    total $1,999

  • 24a · Other expenses: MILLER RESEARCH GROUP

    total $19,000

  • 24b · Other expenses: CC/BANK FEES

    total $4,826

  • 24c · Other expenses: OTHER EXPENSES

    total $3,421

  • 24d · Other expenses: COMMUNICATIONS

    total $992

  • 24e · All other expenses

    total $381

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $72,542 · end of year $102,763

  • 4 · Accounts receivable

    beginning of year $4,572 · end of year $1,475

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,922 · end of year $1,150

  • 17 · Accounts payable and accrued expenses

    beginning of year $43,096 · end of year $39,559

  • 19 · Deferred revenue

    end of year $885

  • 27 · Net assets without donor restrictions

    beginning of year $47,940 · end of year $64,944

Mission and programs · 2024

Mission

TO STRENGTHEN THE TRANSFORMER INDUSTRY IN NORTH AMERICA AND TO BE THE VOICE OF THE INDUSTRY.

  • MEETINGS: THE MEETINGS PROVIDE MEMBER COMPANY EXECUTIVES WITH AN OPPORTUNITY TO SHARE IDEAS AND INFORMATION WITH OTHER SENIOR LEVEL EXECUTIVES AND HAVE BUSINESS AND INDUSTRY PRESENTATIONS TO EDUCATE MEMBERS ON BUSINESS ISSUES, ECONOMIC ISSUES, INDUSTRY TRENDS AND EMERGING TECHNOLOGIES. THIS FURTHERS THE EXEMPT PURPOSE TO STRENGTHEN THE TRANSFORMER INDUSTRY.

  • WEBSITES: THE MAIN PURPOSE OF THE WEBSITE IS TO KEEP MEMBERS AND OTHER INTERESTED PARTIES INFORMED ABOUT ASSOCIATION ACTIVITIES. THE WEBSITE ALSO PROVIDES A LISTING OF MEMBERS AND INFORMATION ON TRANSFORMERS. THIS FURTHERS THE EXEMPT PURPOSE TO STREGTHEN THE TRANSFORMER INDUSTRY IN NORTH AMERICA AND TO BE THE VOICE OF THE INDUSTRY.

  • INSTITUTE FOR TREND RESEARCH: THE INSTITUTE FOR TRENDS RESEARCH PROVIDES QUARTERLY ECONOMIC REPORTS. THIS FURTHERS THE EXEMPT PURPOSE TO STRENGTHEN THE TRANSFORMER INDUSTRY.

As filed on the 2024 return.

Listed in Part VII

  • Hollace Barden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • William Dull

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Laila Durban

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Ed West

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Mike Gibney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jakob Jakobsson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • John Meeks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Brian Wells

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • John Hindle

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    0.5

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.

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202543219349309164

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