2024-03-19T14:10:00-05:00 2023-12-31 541029635 THOMPSON GREENSPON 4035 RIDGE TOP RD SUITE 700 FAIRFAX VA 22030 990 2023-01-01 251124211 THE INDUSTRIAL TRUCK ASSOCIATION INDU 2022969880 1750 K STREET NW 460 WASHINGTON DC 20006 BRIAN FEEHAN PRESIDENT 2022969880 2024-03-19 1 BRIAN FEEHAN 999009999 1 CHARLES F HELME III CPA P00118452 7033858888 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z BRIAN FEEHAN 1750 K STREET NW 460 WASHINGTON DC 20006 2792507 0 X INDTRK@INDTRK.ORG X 1952 DC PROVIDE STATISTICS, DEVELOP STANDARDS, NETWORKING OF SUPPLIERS AND THEIR CUSTOMERS (MANUFACTURERS) FOR THE INDUSTRIAL TRUCK MARKETPLACE. 21 21 6 100 0 0 0 0 2826898 2762790 163 965 0 28252 2827061 2792007 133559 147676 0 0 1179090 1200885 0 0 0 1402286 1512850 2714935 2861411 112126 -69404 1489713 1179412 732867 491970 756846 687442 X TO DEVELOP STANDARDS FOR PRODUCT SAFETY AND PERFORMANCE IN THE INDUSTRIAL TRUCK AND TRACTOR INDUSTRY. THE COLLECTION AND DISSEMINATION OF STATISTICAL INFORMATION FOR ADVANCEMENT OF POWERED INDUSTRIAL TRUCK AND TRACTOR INDUSTRY. TO INTRODUCE SUPPLIERS TO MANUFACTURERS IN THE INDUSTRIAL TRUCK AND TRACTOR INDUSTRY. 0 0 STATISTICS--COLLECTION AND DISSEMINATION OF ACCURATE STATISTICAL INFORMATION RELATING TO THE POWERED INDUSTRIAL TRUCK AND TRACTOR (FORKLIFT) INDUSTRY. MEETINGS--SEMI-ANNUAL MEETINGS OF MEMBERS TO COMMUNICATE INFORMATION AND DISCUSS REGULATIONS AND DEVELOPMENTS IN THE INDUSTRY. ENGINEERING--ENGINEERING ACTIVITIES RELATING TO DEVELOPMENT OF INTERNATIONAL STANDARDS, OPERATING PRACTICES, AND COLLECTION OF INFORMATION. AIR QUALITY--ADVICE AND COUNSEL REGARDING ALL AIR QUALITY REGULATIONS AFFECTING PRODUCTS PRODUCED BY ITA MEMBERS. ACT AS PRINCIPAL INDUSTRY SPOKESMAN AT HEARINGS AND NEGOTIATIONS WITH AGENCIES.TARRIFF --SUPPORTS LETTERS ADDRESSED TO THE US TRADE REPRESENTATIVE REQUESTING TO REINSTATE THE PREVIOUSLY EXTENDED EXCLUSION FOR SPECIFIC MATERIALS IMPORTED INTO THE US FOR ITA MEMBERS. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 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 1 1 1 0 1 5 0 1 6 1 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 1 1 1 1 0 0 0 1 0 0 1 1 0 0 X THE CORPORATION 2022969880 1750 K STREET NW SUITE 460 WASHINGTON DC 20006 BRETT WOOD FIRST VICE CHAIRMAN 0.30 X X 0 0 0 JAY GUSLER SECRETARY 0.30 X X 0 0 0 CHUCK PASCARELLI CHAIRMAN OF THE BOARD 0.30 X X 0 0 0 JIM MOZER SECOND VICE CHAIRMAN 0.30 X X 0 0 0 TONY JONES MEMBER 0.30 X 0 0 0 DAN KOSSOW MEMBER 0.30 X 0 0 0 DAVE FURMAN MEMBER 0.30 X 0 0 0 RANDY WINGENROTH MEMBER 0.30 X 0 0 0 JONATHAN DAWLEY MEMBER 0.30 X 0 0 0 MIKE FIELD MEMBER 0.30 X 0 0 0 KEVIN KRAKORA MEMBER 0.30 X 0 0 0 CARL MODESETTE MEMBER 0.30 X 0 0 0 TIM MORIARTY MEMBER 0.30 X 0 0 0 JIMMY ZHANG MEMBER 0.30 X 0 0 0 JERRY SYTSMA MEMBER 0.30 X 0 0 0 BILL FINERTY MEMBER 0.30 X 0 0 0 WADE GRILLOT MEMBER 0.30 X 0 0 0 LEWIS BYERS MEMBER 0.30 X 0 0 0 BRIAN FEEHAN PRESIDENT 35.00 5.00 X 415041 19306 50746 STACEY HARRISON MANAGER, STATISTICS PROGRA 40.00 X 188827 0 16404 CHRISTOPHER MERTHER MANAGER, TECHNICAL PROGRAM 30.00 10.00 X 192360 8911 23223 DEBRA STERGER MGR. ACCOUNTING & CONFEREN 40.00 5.00 X 172255 28080 17078 968483 56297 107451 4 0 1 0 DUNAWAY AND CROSS 1025 CONNECTICUT AVE NW SUITE 1000 WASHINGTON DC 20036 LEGAL SERVICES 693296 1 STATS & ENGINEERING 541900 2451642 2451642 INDST & REG UPDATE 541900 286148 286148 MARKET STUDY REVENUE 541900 20000 20000 MEMBER APPLICATION FEE 541900 5000 5000 2762790 1465 1465 500 -500 -500 -500 SPONSORSHIPS 541800 28252 28252 28252 2792007 2791042 0 965 147676 463524 575676 104183 57502 680913 28340 53249 19222 70384 113102 500303 12516 DUES AND SUBSCRIPTIONS 17400 STATISTICS 16807 MISCELLANEOUS 614 2861411 200 200 1236253 999264 36080 21946 17946 223636 194244 39682 29392 75000 50000 116632 46530 1489713 1179412 43411 11613 560694 434370 128762 45987 732867 491970 X 756846 687442 756846 687442 1489713 1179412 -69404 0 X X 0 1 X 1 0 0 1 0 0 0 16179 11278 4901 207457 182966 24491 29392 ST OPERATING LEASE LIABILITY 40345 ST FINANCING LEASE LIABILITY 3962 LT FINANCING LEASE LIABILITY 1680 45987 X 2792507 0 2792507 -500 -500 2792007 2861911 500 500 2861411 0 2861411 PART X, LINE 2: THE ASSOCIATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AND NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS 0 INDUSTRIAL TRUCK STANDARDS DEVELOPMENT FOUNDATION INC 1750 K STREET NW WASHINGTON DC 20006 760779106 501(C)(3) 110000 37676 COST SHARED COSTS UNRESTRICTED SUPPORT CONTRIBUTIONS 1 0 X X X 0 0 0 BRIAN FEEHAN PRESIDENT 377541 19306 37500 0 0 0 31528 1472 16955 791 463524 21569 0 0 CHRISTOPHER MERTHER MANAGER, TECHNICAL PROGRAM 192360 8911 0 0 0 0 19089 891 3098 145 214547 9947 0 0 DEBRA STERGER MGR. ACCOUNTING & CONFEREN 172255 28080 0 0 0 0 17078 0 0 0 189333 28080 0 0 STACEY HARRISON MANAGER, STATISTICS PROGRA 188827 0 0 0 0 0 16404 0 0 0 205231 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 REGULAR MEMBERS AND SOME ASSOCIATE MEMBERS ARE MANUFACTURERS OF COMPONENTS OR MAJOR ATTACHMENTS FOR INDUSTRIAL TRUCKS AND/OR TRACTORS. OTHER ASSOCIATE MEMBERS ARE COMPOSED OF MANUFACTURERS OF MANUALLY-POWERED INDUSTRIAL TRUCKS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HOLDS AN ANNUAL MEETING IN WHICH THE ELECTION OF OFFICERS TAKES PLACE. REGULAR MEMBERS AND THE REPRESENTATIVES OF THE ASSOCIATE MEMBERS SERVING ON THE BOARD OF DIRECTORS HAVE ONE VOTE EACH FOR THE ELECTION OF OFFICERS. TO BE ENTITLED TO VOTE, MEMBERS MUST BE IN GOOD STANDING AND REPRESENTED AT THE MEETINGS BY A DESIGNATED VOTING REPRESENTATIVE OR ALTERNATE. FORM 990, PART VI, SECTION A, LINE 7B REGULAR MEMBERS AND REPRESENTATIVES OF THE ASSOCIATE MEMBERS SERVING ON THE BOARD OF DIRECTORS HAVE ONE VOTE EACH ON ALL QUESTIONS COMING BEFORE THE MEMBERS AND THE BOARD OF DIRECTORS AT REGULAR OR SPECIAL MEETINGS. TO BE ENTITLED TO VOTE, MEMBERS MUST BE IN GOOD STANDING AND REPRESENTED AT THE MEETINGS BY A DESIGNATED VOTING REPRESENTATIVE OR ALTERNATE. FORM 990, PART VI, SECTION A, LINE 8B NOT ALL COMMITTEE MEETINGS ARE DOCUMENTED BECAUSE COMMITTEE ACTIONS ARE BROUGHT TO THE BOARD FOR BOARD APPROVAL AND SINCE THE BOARD MINUTES ARE KEPT, COMMITTEE MEETINGS ARE CONSIDERED IN PROCESS. FORM 990, PART VI, SECTION B, LINE 11B COPY OF THE 990 FORM IS REVIEWED BY BOARD OF DIRECTORS WHEN COMPLETED BY ACCOUNTANTS. THE BOARD THEN RAISES ANY QUESTIONS THAT THEY HAVE DURING THEIR REVIEW BEFORE FINAL 990 IS SIGNED AND MAILED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION OF THE FOLLOWING PERSONS INCLUDES A REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE & THE BOARD OF DIRECTORS. COMPARABILITY DATA USED IN THE REVIEW PROCESS IS OBTAINED FROM AMERICAN RESEARCH COMPANY (ARC NATIONAL COMPENSATION STUDY OF CHIEF STAFF EXECUTIVES). THE DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE MINUTES OF THE EXECUTIVE COMMITTEE, THE BOARD OF DIRECTORS, AND BY E-MAIL FROM THE PRESIDENT OF THE ASSOCIATION. THE COMPENSATION DETERMINATION PROCESS APPLIES TO THE FOLLOWING OFFICES/POSITIONS AND THE MOST RECENT YEAR FOR WHICH THIS PROCESS WAS UNDERTAKEN FOR EACH IS IDENTIFIED: PRESIDENT - 2023. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION HAS DOCUMENTS AVAILABLE BY REQUEST. PART XII, LINE 2C THERE WERE NO CHANGES FROM THE PRIOR YEAR. INDUSTRIAL TRUCK STANDARDS DEVELOPMENT FOUNDATION 1750 K STREET NW WASHINGTON DC 20006 760779106 MAINTAINS AND KEEPS UPDATED WEBSITE TO PUBLISH APPROVED INDUSTRY STANDARDS. DC 501 (C) (3) EXEMPT PRIVATE FDN INDUSTRIAL TRUCK ASSOCIATION 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 INDUSTRIAL TRUCK STANDARDS DEVELOPMENT FOUNDATION B 110000 FAIR MARKET VALUE