2024-11-05T07:33:44-06:00 2023-12-31 381357951 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT STE 300 AUBURN HILLS MI 48326 990 2023-01-01 463793024 AMERICAN LIGHTWEIGHT MATERIALS MANUFACTURING INNOVATION INSTITUTE AMER 3133099005 1400 ROSA PARKS BOULEVARD DETROIT MI 48216 NIGEL J FRANCIS CEO, EXECUTIVE DIRECTOR 3133099005 2024-10-21 1 1 ALYSSA M KENT P01701477 2483757100 2024-10-21 2023 2024-10-15 13:58:12Z LIGHTWEIGHT INNOVATION FOR TOMORROW NIGEL J FRANCIS 1400 ROSA PARKS BOULEVARD DETROIT MI 48216 44325640 0 X WWW.LIFT.TECHNOLOGY X 2013 MI TO ESTABLISH A LIGHTWEIGHT AND MODERN METALS MANUFACTURING INNOVATION INSTITUTE AND TO CARRY OUT THE PURPOSES OF THE MEMBERS WITH RESPECT TO SCIENTIFIC RESEARCH, EDUCATION, DEVELOPMENT, AND INNOVATION OF OPTIMIZED, MULTI-MATERIAL LIGHTWEIGHT STRUCTURES FOR TRANSPORTATION AND TESTING THEREOF, AND THE MANUFACTURING PROCESSES THEREFOR, IN ORDER TO ADVANCE THE OBJECTIVES OF THE US GOVERNMENT RELATING TO DEFENSE AND COMMERCE. 9 8 53 9 0 0 31539494 40900816 1857427 2206521 607 471631 -107737 -100380 33289791 43478588 0 0 0 0 6745402 9399654 0 0 2159856 24786856 29428434 31532258 38828088 1757533 4650500 55799206 57219153 20226626 16952820 35572580 40266333 X TO ESTABLISH A LIGHTWEIGHT AND MODERN METALS MANUFACTURING INNOVATION INSTITUTE AND TO CARRY OUT THE PURPOSES OF THE MEMBERS WITH RESPECT TO SCIENTIFIC RESEARCH, EDUCATION, DEVELOPMENT, AND INNOVATION OF OPTIMIZED, MULTI-MATERIAL LIGHTWEIGHT STRUCTURES FOR TRANSPORTATION AND TESTING THEREOF, AND THE MANUFACTURING PROCESSES THEREFOR, IN ORDER TO ADVANCE THE OBJECTIVES OF THE US GOVERNMENT RELATING TO DEFENSE AND COMMERCE. 0 0 24966046 0 2206521 ALMMII'S TECHNOLOGY PROGRAM DESIGNS, BUILDS, TESTS AND VERIFIES NEW ADVANCED MATERIALS, INCLUDING FOR HYPERSONIC AND OTHER EXTREME ENVIRONMENTS, AND DEVELOPS NEW MANUFACTURING PROCESSES AND SYSTEMS. BY CONNECTING THE VIRTUAL MODELING AND SIMULATION OF MATERIALS AND PROCESSES WITH THE PHYSICAL WORLD, ALMMII ACCELERATES THE DEVELOPMENT TIME AND REDUCES COSTS, WHILE DRIVING IMPLEMENTATION FASTER. ALMMII'S PILLARS ARE DESIGN ENGINEERING, ADVANCED MATERIALS, MANUFACTURING PROCESSES, VERIFICATION AND VALIDATION, AND SCALE-UP AND COMMERCIALIZATION. 6259775 ALMMII'S TALENT PROGRAM DESIGNS AND DEVELOPS NEW TOOLS AND VENUES TO SUPPORT NATIONAL TALENT PROGRAMS. THESE PROGRAMS INCLUDE NEW CURRICULA, TO ENSURE THE MANUFACTURING WORKFORCE OF THE FUTURE, MADE UP OF MULTI-SKILLED TECHNICIANS, HAS THE KNOWLEDGE SKILLS AND ABILITIES TO SUCCESSFULLY WORK IN THE ADVANCED MANUFACTURING FUTURE. ALMMII'S TALENT PROGRAM POWERS STEM PROGRAMS SUCH AS IGNITE MASTERING MANUFACTURING, IMMERSIVE PROGRAMS WITHIN THE LIFT LEARNING LAB, AND SKILLED-TRADES TRAINING PROGRAMS SUCH AS OPERATION NEXT. 31225821 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 25 0 1 53 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MI X VICTOR CLAUDIO 3133099005 1400 ROSA PARKS BOULEVARD DETROIT MI 48216 BECKY STEWART BOARD CHAIR 1.00 X X 0 0 0 ZACH MEARS VICE CHAIR 1.00 X X 0 0 0 KAREN M BELANS DIRECTOR 1.00 X 0 0 0 JON KINSEY DIRECTOR 1.00 X 0 0 0 MARTIN KINSELLA DIRECTOR 1.00 X 0 0 0 PAULA SORRELL DIRECTOR 1.00 X 0 0 0 NATE AMES DIRECTOR 1.00 X 0 0 0 HENRY CIALONE DIRECTOR 1.00 X 0 0 0 NIGEL J FRANCIS CHIEF EXECUTIVE OFFICER AND EXECUTIVE DIRECTOR 40.00 X X 548632 0 51740 MICHAEL BERNARD SECRETARY 1.00 X 99404 0 0 VICTOR CLAUDIO CHIEF FINANCIAL OFFICER AND TREASURER 40.00 X 428623 0 50996 NOEL MACK CHIEF TECHNOLOGY OFFICER 40.00 X 365890 0 50520 KEVIN KERRIGAN VP OF BUSINESS DEVELOPMENT 40.00 X 216894 0 46921 JOE STEELE VP OF COMMUNICATIONS AND LEGISLATVIE AFFAIRS 40.00 X 195768 0 46114 SEAN CONWAY CHIEF DEVELOPMENT OFFICER 40.00 X 250807 0 22037 AMBERLEE HASELHUHN SENIOR DIRECTOR OF MATERIALS AND ICME 40.00 X 204722 0 36333 JOHN KEOGH SENIOR DIRECTOR OF ENGINEERING 40.00 X 196590 0 32450 PETER CZECH SENIOR DIRECTOR OF GOVERNMENT PROGRAMS 40.00 X 198940 0 19291 BRADLEY FRIEND SENIOR PROGRAM MANAGER 40.00 X 167078 0 41894 NANCY CUMMINS SENIOR DIRECTOR OF CORPORATE CONTROLS 40.00 X 182224 0 23550 3055572 0 421846 34 0 1 1 UNIVERSAL ACHEMETAL 950 N KINGS HIGHWAY STE 208 CHERRY HILLS NJ 08034 SCIENTIFIC EXPERTISE AND MGT SVCS 3564039 FRONTIER PERFORMANCE POLYMERS CORPORATIO 5 EASTMAN ROAD PARSIPPANY NJ 07054 SCIENTIFIC EXPERTISE AND MGT SVCS 1550000 VRC METAL SYSTEMS LLC 600 N ELLSWORTH RD BOX ELDER SD 57719 SCIENTIFIC EXPERTISE AND MGT SVCS 1119278 AIM AEROSPACE RENTON INC PO BOX 9011 RENTON WA 98057 SCIENTIFIC EXPERTISE AND MGT SVCS 1011151 UNIVERSITY OF MASSACHUSETTS 100 VENTURE WAY STE 201 HADLEY MA 01035 SCIENTIFIC EXPERTISE AND MGT SVCS 900000 67 40800816 100000 40900816 MEMBERSHIP 541900 1947012 1947012 INDUSTRY PROJECT INCOME 900099 259509 259509 2206521 471631 471631 746672 847052 -100380 -100380 -100380 43478588 2206521 0 371251 2274940 2274940 5560003 3960813 577639 1021551 308981 161810 103097 44074 808445 408045 289257 111143 447285 226117 162849 58319 213172 213172 139916 139916 886511 614668 92987 178856 278206 278206 1969945 1950897 19048 507428 223335 223903 60190 1255775 1178899 76876 569144 308017 261127 25185 2583 22602 32542 32542 4124244 3802416 321828 149711 149711 TECHNOLOGY SUBCONTRACTS 17319186 16480823 838363 EDUCATION & WORKFORCE D 1909981 1909981 DUES & MEMBERSHIP 47488 576 46912 38828088 31225821 5442411 2159856 18951002 12919417 3723661 6314123 266219 741513 51271803 23343422 27743298 27928381 0 5007972 5115026 4307747 55799206 57219153 9091334 9382609 3764815 2059394 7370477 5510817 20226626 16952820 X 35550980 40166333 21600 100000 35572580 40266333 55799206 57219153 4650500 43253 0 X X 0 1 X 1 1 1 X 14654838 15675845 29352274 31539494 40900816 132123267 14654838 15675845 29352274 31539494 40900816 132123267 132123267 462710 770553 673418 718319 1218303 3843303 201509 272853 474362 136440932 9440692 0.96840 0.96990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7667611 4484147 3183464 28829953 6873093 21956860 14774239 11986182 2788057 27928381 SECURITY DEPOSIT 182366 RIGHT OF USE LEASE ASSET 4125381 4307747 REFUNDABLE ADVANCES 35834 CONTRACT LIABILITIES 763673 DEFERRED MEMBERSHIP 500000 LEASE LIABILITY 4211310 5510817 50540820 43253 6171927 847052 7062232 43478588 0 43478588 45847067 6171927 847052 7018979 38828088 0 38828088 PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 847,052. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 847,052. X 1 1 X X X X X X 0 0 0 0 0 1 0 0 0 NIGEL J FRANCIS CHIEF EXECUTIVE OFFICER AND EXECUTIV 411476 0 137156 0 0 0 23100 0 28640 0 600372 0 0 0 VICTOR CLAUDIO CHIEF FINANCIAL OFFICER AND TREASURE 339659 0 88964 0 0 0 20323 0 30673 0 479619 0 0 0 NOEL MACK CHIEF TECHNOLOGY OFFICER 287356 0 78534 0 0 0 21150 0 29370 0 416410 0 0 0 SEAN CONWAY CHIEF DEVELOPMENT OFFICER 232725 0 18082 0 0 0 15641 0 6396 0 272844 0 0 0 KEVIN KERRIGAN VP OF BUSINESS DEVELOPMENT 202854 0 14040 0 0 0 10942 0 35979 0 263815 0 0 0 JOE STEELE VP OF COMMUNICATIONS AND LEGISLATVIE 181984 0 13784 0 0 0 14036 0 32078 0 241882 0 0 0 AMBERLEE HASELHUHN SENIOR DIRECTOR OF MATERIALS AND ICM 181137 0 23585 0 0 0 12330 0 24003 0 241055 0 0 0 JOHN KEOGH SENIOR DIRECTOR OF ENGINEERING 180492 0 16098 0 0 0 13977 0 18473 0 229040 0 0 0 PETER CZECH SENIOR DIRECTOR OF GOVERNMENT PROGRA 182954 0 15986 0 0 0 13926 0 5365 0 218231 0 0 0 BRADLEY FRIEND SENIOR PROGRAM MANAGER 154663 0 12415 0 0 0 11985 0 29909 0 208972 0 0 0 NANCY CUMMINS SENIOR DIRECTOR OF CORPORATE CONTROL 168574 0 13650 0 0 0 12950 0 10600 0 205774 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 $99,404 FOR SERVICES RENDERED BY THE OFFICER DURING 2023. FORM 990, PART VI, SECTION A, LINE 4 THE ARTICLES OF INCORPORATION AND THE BYLAWS WERE AMENDED AND THERE ARE NO MEMBERS OF THE ORGANIZATION. THE BOARD OF DIRECTORS HAS CHARGE, CONTROL AND MANAGEMENT OF BUSINESS, PROPERTY, PERSONNEL, AFFAIRS AND FUNDS OF THE CORPORATION AND SHALL HAVE THE POWER AND AUTHORITY TO DO AND PERFORM ALL ACTS AND FUNCTIONS PERMITTED BY AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE NOT INCONSISTENT WITH THESE ARTICLES OF INCORPORATION, OR WITH THE LAWS OF THE STATE OF MICHIGAN. DIRECTORS SHALL BE ELECTED BY THE BOARD OF DIRECTORS AT ITS ANNUAL MEETING OR AT SUCH OTHER TIMES AS THE BOARD SHALL DETERMINE. VACANCIES OCCURRING AMONG THE BOARD OF DIRECTORS BY REASON OF DEATH, RESIGNATION, REMOVAL OR OTHER INABILITY TO SERVE SHALL BE FILLED BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE REMAINING DIRECTORS ALTHOUGH LESS THAN A QUORUM OF THE BOARD OF DIRECTORS. 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 AVAILABLE TO ALL BOARD MEMBERS UPON REQUEST. 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, ARTICLE 12 OF THE BYLAWS SETS FORTH THE WRITTEN CONFLICT OF INTEREST POLICY WHICH HAS BEEN IN EFFECT SINCE THE FORMATION AND ORGANIZATION OF ALMMII IN 2014. 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 15 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. 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.