2024-08-09T17:26:17-05:00 2023-09-30 946214841 ARMANINO LLP 50 W SAN FERNANDO ST STE 500 SAN JOSE CA 95113 990 2022-10-01 742678229 FLEXTECH ALLIANCE INC FLEX 4087972220 2244 BLACH PLACE 150 SAN JOSE CA 95131 DIANE BAXSTER DIR. OF FIN./CFO/TREASURER 4087972220 2024-08-09 1 1 MATTHEW PETROSKI P00853132 4082006400 2024-08-09 2022 2024-08-08 14:25:15Z NEXTFLEX DIANE BAXSTER 2244 BLACH PLACE 150 SAN JOSE CA 95131 43592289 0 X WWW.NEXTFLEX.US X 1993 CA TO ADVANCE THE FLEXIBLE HYBRID ELECTRONICS MANUFACTURING ECOSYSTEM IN AMERICA. 7 6 84 6 0 0 40354378 42700487 2563697 867303 18386 24499 0 0 42936461 43592289 0 0 0 0 11335241 9960684 0 0 0 29896921 32887204 41232162 42847888 1704299 744401 51281915 54179758 38824567 40978009 12457348 13201749 TO BUILD A NATIONAL NETWORK FOR ADVANCED MANUFACTURING OF FLEXIBLE HYBRID ELECTRONICS. 0 0 SUCCESSFUL PROGRESS ON RESEARCH PROJECT CALLS IN AWARDING AND COMPLETING PLANNED RESEARCH AWARDS AND ISSUING A REQUEST FOR PROPOSALS FOR ADDITIONAL RESEARCH PROJECTS. OVERSEE THE RESEARCH PROJECTS ENSURING TECHNICAL AND FINANCIAL RESULTS ARE ALIGNED WITH APPROVED GOALS, MILESTONES, AND BUDGETS THROUGH TO SUCCESSFUL CONCLUSION. CONTINUED ADDING NEW MEMBERS AND PARTICIPANTS TO THE INSTITUTE MEMBERSHIP AND ADDING ADDITIONAL GOVERNMENT AGENCY FUNDED PROJECTS THROUGH MODIFICATIONS TO THE COOPERATIVE AGREEMENT. CONTINUED DEVELOPMENT AND EXPANSION OF AN EDUCATION, TRAINING AND WORKFORCE DEVELOPMENT PROGRAM TO HELP BUILD THE HUMAN CAPITAL BASE FOR A US FHE MANUFACTURING INDUSTRY. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 1 63 0 1 84 1 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X DIANE BAXSTER DIR OF FINCFOTREASURER 4087972220 2244 BLACH PLACE 150 SAN JOSE CA 95131 MALCOLM THOMPSON EXECUTIVE DIRECTOR 40.00 X X 493472 0 31550 MELISSA GRUPEN-SHEMANSKY PRESIDENT & CEO 1.00 X X 0 0 0 KEVIN BAUER SECRETARY 1.00 X X 0 0 0 AJIT MANOCHA CHAIRMAN & DIRECTOR 1.00 X X 0 0 0 DOYLE EDWARDS DIRECTOR 1.00 X 0 0 0 DAN GAMOTA DIRECTOR 1.00 X 0 0 0 JESSICA GOMEZ DIRECTOR 1.00 X 0 0 0 DIANE BAXSTER DIR. OF FIN./CFO/TREASURER 40.00 X 349451 0 23340 MICHAEL KAPLAN DIRECTOR OF OPERATIONS 40.00 X 377688 0 29866 JANOS VERES DIRECTOR OF ENG 40.00 X 373022 0 45261 ART WALL DIRECTOR OF FAB 40.00 X 353528 0 43149 EMILY MCGRATH DIRECTOR OF WORKFORCE DEV 40.00 X 253524 0 19080 ED HENDRICKS DIRECTOR OF GOVT BD 40.00 X 252043 0 50169 2452728 0 242415 33 0 1 0 THE HOFFMAN AGENCY 325 S FIRST ST 3RD FLOOR SAN JOSE CA 95113 MKTG PR CONSULTING 150190 BAKER DONELSON BEARMAN CALDWELL & BER 3 SANCTUARY BOULEVARD SUITE 201 MANDEVILLE LA 70471 MKTG CONSULTING & LOBBYING 150000 NEW GROWTH GROUP LLC 1427 E 36TH STREET 2004A CLEVELAND OH 44114 WORKFORCE DEVELOPMENT CONSULTING 126205 3 42587487 113000 113000 42700487 MEMBERSHIP DUES 900099 832304 832304 WORKFORCE 900099 20000 20000 WORKSHOPS 900099 14999 14999 867303 24499 24499 43592289 867303 0 24499 956084 5279724 285978 2829806 609092 119302 118562 132556 939688 174288 168591 466580 1243943 141649 26804 184854 72121 SUBRECIPIENT 27203648 DIRECT OVERHEAD COSTS 4946118 DIRECT MATERIALS 1993064 OPERATIONS EQUIP/SALES 826294 -5870858 42847888 32800103 47003663 13241645 334797 43400 328501 274959 1447051 6656461 6247145 326035 409316 4595773 4656430 51281915 54179758 9705938 12045522 27259759 26114361 1858870 2818126 38824567 40978009 X 12457348 13201749 12457348 13201749 51281915 54179758 744401 0 X 0 1 X 1 1 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 3253474 98722 98722 97604 1118 SCHEDULE C PART III-B LINE1 THE DUES AMOUNTS FROM MEMBERS INCLUDE IN-KIND CONTRIBUTION COMMITTED BY THE MEMBERS. THE MEMBERS ARE NOTIFIED OF THE LOBBYING EXPENDITURES BASED ON BOTH CASH AND IN-KIND COMMITMENTS. 4721458 4622693 98765 1816169 1516643 299526 118834 107809 11025 409316 LONG TERM ASSETS 77438 INTERCOMPANY RECEIVABLE 2193667 RIGHT OF USE ASSET 2385325 4656430 LEASE LIABILITY 2439933 INTERCOMPANY PAYABLE 378193 2818126 X PART X, LINE 2: THE INTERNAL REVENUE SERVICE ("IRS") AND THE CALIFORNIA FRANCHISE TAX BOARD HAVE DETERMINED THAT NEXTFLEX AND NLP ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTIONS 501(C)(6) AND 501(C)(3), RESPECTIVELY, OF THE INTERNAL REVENUE CODE AND RELATED STATE STATUTES. MANAGEMENT EVALUATED THE TAX POSITIONS AND CONCLUDED THAT BOTH NEXTFLEX AND NLP HAD MAINTAINED THEIR TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. HOWEVER, INCOME FROM ACTIVITIES NOT RELATED TO THEIR TAX-EXEMPT PURPOSES, IF ANY, MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. X 0 0 X X X 0 0 0 MALCOLM THOMPSON EXECUTIVE DIRECTOR 438880 0 54592 0 0 0 19853 0 11697 0 525022 0 0 0 JANOS VERES DIRECTOR OF ENG 340782 0 32240 0 0 0 15067 0 30194 0 418283 0 0 0 MICHAEL KAPLAN DIRECTOR OF OPERATIONS 345155 0 32533 0 0 0 15204 0 14662 0 407554 0 0 0 ART WALL DIRECTOR OF FAB 326534 0 26994 0 0 0 14251 0 28898 0 396677 0 0 0 DIANE BAXSTER DIR. OF FIN./CFO/TREASURER 320951 0 28500 0 0 0 14078 0 9262 0 372791 0 0 0 ED HENDRICKS DIRECTOR OF GOVT BD 230685 0 21358 0 0 0 10182 0 39987 0 302212 0 0 0 EMILY MCGRATH DIRECTOR OF WORKFORCE DEV 233490 0 20034 0 0 0 10141 0 8939 0 272604 0 0 0 PART I, LINE 1A THE COMPANY PAYS A PORTION (UP TO $35/MONTH) OF AN EMPLOYEES GYM MEMBERSHIP DUES. THIS BENEFIT IS PAID TO ALL EMPLOYEES. THE AMOUNTS WERE INCLUDED IN 2022 TAXABLE COMPENSATION. X DONATED EQUIPMENT 1 113000 FMV 0 0 0 0 PART I, COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTORS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 6 FLEXTECH ALLIANCE IS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A INDIVIDUALS ELIGIBLE TO BE NOMINATED AND ELECTED AS A DIRECTOR SHALL BE: 1) INDIVIDUALS EMPLOYED OR RETAINED BY A VOTING MEMBER; OR 2) DISTINGUISHED OR HIGHLY QUALIFIED INDIVIDUALS PARTICIPATING IN A MANUFACTURING INNOVATION INSTITUTE. UPON NOMINATION BY THE BOARD, THE DIRECTORS SHALL BE ELECTED ANNUALLY BY A MAJORITY VOTE OF THE VOTING MEMBERS REPRESENTED AT EACH ANNUAL MEETING OF VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B EXCEPT AS OTHERWISE PROVIDED BY THE GENERAL CORPORATION LAW OR BY THE CERTIFICATE OF INCORPORATION, THESE BYLAWS MAY BE ALTERED, AMENDED, OR REPEALED BY A MAJORITY VOTE OF THE VOTING MEMBERS ENTITLED TO VOTE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM IN CONJUNCTION WITH THE ORGANIZATION'S INTERNAL MANAGEMENT TEAM. A DRAFT OF FORM 990 IS REVIEWED BY MANAGEMENT AND BY OUTSIDE LEGAL COUNSEL AND ANY CORRECTIONS OR MODIFICATIONS ARE MADE BY THE OUTSIDE CPA. THE REVISED DRAFT IS THEN REVIEWED BY MANAGEMENT. ANY CONCERNS ARE RAISED WITH THE CPA FIRM AND A CONSENSUS IS ACHIEVED. THE RETURN IS SENT TO THE ENTIRE BOARD THEN FINALIZED AND ELECTRONICALLY FILED WITH THE TAXING AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS ALL RFP RESPONSES AND ALL CONTRACTS FOR ANY INTEREST BY GOVERNING BOARD MEMBERS AND INSISTS THAT GOVERNING BOARD AND THE TECHNICAL COUNCIL MEMBERS RECUSE THEMSELVES FROM AWARD DISCUSSIONS WHERE THEY MIGHT HAVE ANY POSSIBLE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE OFFICERS' COMPENSATION IS DETERMINED BY REVIEWING COMPENSATION LITERATURE AND COMPARABILITY DATA. THE COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. NEXTFLEX LEARNING PROGRAMS 2244 BLACH PLACE SUITE 150 SAN JOSE CA 95131 825058321 EDUCATION CA 501(C)(3) LINE 12A, I FLEXTECH ALLIANCE INC 1 NEXTFLEX DEVELOPMENT AND MANUFACTURING 2244 BLACH PLACE SUITE 150 SAN JOSE CA 951312060 824873560 MANUFACTURING CA FLEXTECH ALLIANCE INC C 825112 243972 1.00000 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 1 1 NEXTFLEX LEARNING PROGRAMS E 368193 YEAR END BALANCE NEXTFLEX DEVELOPMENT AND MANUFACTURING D 2193667 YEAR END BALANCE NEXTFLEX LEARNING PROGRAMS O 993169 ALLOCATED FMV NEXTFLEX DEVELOPMENT AND MANUFACTURING O 829490 ALLOCATED FMV