2025-11-03T16:51:33-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2024-01-01 363293382 STEEL FOUNDERS' SOCIETY OF AMERICA STEE 8154558240 780 MCARDLE DRIVE G CRYSTAL LAKE IL 600148155 RAYMOND MONROE EXECUTIVE VICE PRESIDENT 8154558240 2025-10-27 1 0 ASHLEY BARSEMA P01332786 6305738600 2025-10-27 2024 2025-03-06 01:10:19Z RAYMOND MONROE 780 MCARDLE DRIVE G CRYSTAL LAKE IL 600148155 9702349 0 X WWW.SFSA.ORG X 1984 IL TO PROMOTE THE GENERAL WELFARE OF ALL ENGAGED IN OR AFFECTED BY THE MANUFACTURE AND SALE OF STEEL OR ALLOY CASTINGS. 11 11 11 15 0 0 0 0 8977875 9082810 118191 224439 6420 4581 9102486 9311830 23316 53227 0 0 2297658 2490365 0 0 0 6345154 6132190 8666128 8675782 436358 636048 6374771 6805015 1177115 797977 5197656 6007038 TO PROMOTE THE GENERAL WELFARE OF ALL ENGAGED IN OR AFFECTED BY THE MANUFACTURE AND SALE OF STEEL OR ALLOY CASTINGS. 0 0 TECHNICAL AND OPERATING CONFERENCE AND ANNUAL MEETING, ALONG WITH THE OCCASIONAL SPECIAL CONFERENCE, IS TO PROVIDE INFORMATIVE DISCUSSIONS ON INDUSTRY TRENDS AND INNOVATIONS. 191 ATTENDEES SERVED. DIRECTORY, STATISTICS, AND OTHER PUBLICATIONS PROVIDING TECHNICAL INFORMATION RELATING TO FOUNDRIES. 76 MEMBERS SERVED. RESEARCH PROJECTS AND TESTING DONE ON INDUSTRY DEVELOPMENTS TO PROVIDE INFORMATION ON NEW PRODUCTS AND TECHNIQUES. 76 MEMBERS SERVED. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 60 0 1 11 1 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X RAYMOND MONROE 8154558240 780 MCARDLE DRIVE UNIT G CRYSTAL LAKE IL 600148155 ROBERT HARRISON PRESIDENT 0.50 0.25 X X 0 0 0 JOHN CORY VICE PRESIDENT 0.50 0.25 X X 0 0 0 MAX HOLMAN IMMEDIATE PAST PRESIDENT 0.50 0.25 X X 0 0 0 ZED HOWELL DIRECTOR 0.50 X 0 0 0 JOE PLUNGER DIRECTOR 0.50 X 0 0 0 ROB COWEN DIRECTOR 0.50 X 0 0 0 JEFF BUREK DIRECTOR 0.50 0.25 X 0 0 0 NIC TARZWELL DIRECTOR 0.50 X 0 0 0 JAY HARMEYER DIRECTOR 0.50 X 0 0 0 RANDY MCGILL DIRECTOR 0.50 X 0 0 0 WAYNE BRAUN DIRECTOR 0.50 X 0 0 0 RAYMOND MONROE EXECUTIVE VICE PRESIDENT 40.00 0.20 X 481504 0 44119 KELLY MORITZ VP OF FINANCE & CONTRACTS 40.00 0.20 X 293689 0 43844 RYAN MOORE VP OF OPERATIONS 40.00 X 278409 0 43060 DAVID POWELEIT VP OF TECHNOLOGY 40.00 X 336569 0 37680 ROBIN BLAIR DIRECTOR OF IT 40.00 X 126808 0 18119 CAELAN KENNEDY RESEARCH MANAGER 40.00 X 136927 0 27579 LEANNE MUELLER-GONZALEZ ACCOUNTANT 40.00 X 104671 0 32836 TORY WENDLANDT RESEARCH ENGINEER 40.00 X 103105 0 11331 1861682 0 258568 8 0 1 0 SMI 200 MASSACHUSETTS AVE NW SUITE 510 WASHINGTON DC 20001 ADVOCACY 120199 1 RESEARCH PROGRAMS 541700 8040279 8040279 MEMBERSHIP DUES 541900 676436 676436 CONFERENCES & MEETINGS 541900 365474 365474 PUBLICATIONS 541900 621 621 9082810 190615 190615 3882 3882 424343 390519 33824 33824 33824 OTHER PROJECT REVENUES 541900 519 519 LEASE REVENUE 541900 180 180 699 9311830 9083509 0 228321 22009 31218 1558458 632015 36455 144784 118653 510 43584 120199 25876 494323 63410 196037 28438 146582 317716 26563 23565 RESEARCH PROGRAM EXPENS 3684027 FILM PRODUCTION COST 525000 EQUIPMENT 406064 SPECIAL PROJECTS 19242 11054 8675782 484192 -13541 1346039 2293992 1291320 438688 116104 117541 531867 193963 360055 337904 2772649 3630431 4412 6374771 6805015 1166162 789783 10953 8194 1177115 797977 X 5190694 6001462 6962 5576 5197656 6007038 6374771 6805015 636048 173334 0 X X 0 1 X 1 1 1 0 0 1 676436 130280 -58723 71557 109406 -37849 20250 20250 424046 140695 283351 87571 53268 34303 337904 X PART X, LINE 2: THE SOCIETY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC), EXCEPT FOR NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE ORGANIZATION HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT IT IS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. 1 FOUNDRY EDUCATIONAL FOUNDATION 1695 N PENNY LN SCHAUMBURG IL 601734555 340714666 501(C)(3) 10000 0 PROMOTE STEEL CASTING INDUSTRY 1 0 AWARDS 180 31218 FMV AWARDS PART I, LINE 2: 1. AWARDS ARE GIVEN FOR OUTSTANDING SERVICE TO THE STEEL CASTING INDUSTRY. WINNERS RECEIVE A PLAQUE AND DESIGNATE THE CASH PORTION OF THE AWARD TO THE WINNER'S CHOICE OF UNIVERSITY. 2. INDUSTRY COMPETITION WINNERS DESIGNATE A CASH AWARD TO THE WINNER'S CHOICE OF NONPROFIT. 3. VARIOUS SMALL CASH PRIZES ARE GIVEN TO INDIVIDUALS WHO CONTRIBUTE OUTSTANDING PAPERS AT A CONFERENCE OR WIN AN INDUSTRY COMPETITION. 4. NON-CASH PLAQUES ARE GIVEN TO SOME OF THE OUTSTANDING SERVICE AND CONFERENCE PAPERS WINNERS. X 1 1 X X X X 0 0 0 RAYMOND MONROE EXECUTIVE VICE PRESIDENT 403510 0 75620 0 2374 0 25700 0 18419 0 525623 0 0 0 DAVID POWELEIT VP OF TECHNOLOGY 282981 0 52275 0 1313 0 20468 0 17212 0 374249 0 0 0 KELLY MORITZ VP OF FINANCE & CONTRACTS 246263 0 46640 0 786 0 17849 0 25995 0 337533 0 0 0 RYAN MOORE VP OF OPERATIONS 233654 0 43829 0 926 0 17065 0 25995 0 321469 0 0 0 CAELAN KENNEDY RESEARCH MANAGER 125000 0 11500 0 427 0 9095 0 18484 0 164506 0 0 0 PART I, LINE 1A RAYMOND MONROE, EXECUTIVE VICE PRESIDENT, TRAVELED WITH A SPOUSE, WITH TRAVEL EXPENSES IN THE AMOUNT OF $613. SPOUSE TRAVEL EXPENSES ARE TREATED AS TAXABLE AND ARE INCLUDED IN THEIR W-2S. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION INCLUDES MEMBERS WHO HAVE THE RIGHT TO ELECT THE MEMBERS OF THE GOVERNING BOARD. THE MEMBERS ARE CLASSIFIED INTO THE FOLLOWING CLASSES: REGULAR MEMBERS: ANY PERSON, FIRM OR CORPORATION HAVING OWNERSHIP AND AN ESTABLISHED PLACE OF BUSINESS IN THE UNITED STATES, CANADA, OR MEXICO, ENGAGED IN THE MANUFACTURE AND SALE OF STEEL OR HIGH ALLOY CASTINGS, SHALL BE ADMITTED TO REGULAR MEMBERSHIP IN THE SOCIETY UPON SUBSCRIBING TO THE BY-LAWS OF THE SOCIETY. HONORARY MEMBERS: ANY PERSON WHO HAS RENDERED CONSPICUOUS SERVICE TO THE INDUSTRY, BUT IS NO LONGER FULLY ACTIVE IN THE INDUSTRY, MAY BE ELECTED TO HONORARY MEMBERSHIP IN THE SOCIETY BY A VOTE OF THE MEMBERS OF THE BOARD OF DIRECTORS. THE DURATION OF SUCH HONORARY MEMBERSHIP SHALL BE AT THE PLEASURE OF THE BOARD. HONORARY MEMBERS SHALL BE INVITED TO ATTEND ALL MEETINGS OF THE MEMBERS, BUT SHALL NOT BE ENTITLED TO VOTE, SHALL NOT BE COUNTED IN DETERMINING A QUORUM, SHALL NOT BE ELIGIBLE FOR ELECTION TO ANY OFFICE, AND SHALL NOT BE LIABLE FOR DUES OR ASSESSMENTS. ASSOCIATES: ANY PERSON, FIRM, OR CORPORATION HAVING AN ESTABLISHED PLACE OF BUSINESS OR OWNERSHIP OTHER THAN THE UNITED STATES, CANADA, OR MEXICO, ENGAGED IN THE MANUFACTURE AND SALE OF STEEL OR HIGH ALLOY CASTINGS AND INTERESTED IN PARTICIPATING IN THE ACTIVITIES OF THE SOCIETY, MAY BE ELECTED AN ASSOCIATE OF THE SOCIETY BY VOTE OF THE MEMBERS OF THE BOARD OF DIRECTORS. AN ASSOCIATE SHALL CONTINUE IN SUCH STATUS AT THE PLEASURE OF THE BOARD. ASSOCIATES SHALL BE INVITED TO ATTEND ALL MEETINGS OF THE SOCIETY, BUT SHALL NOT BE ENTITLED TO VOTE, SHALL NOT BE INCLUDED IN DETERMINING A QUORUM, AND SHALL NOT BE ELIGIBLE FOR ELECTION TO ANY OFFICE UNLESS APPROVED BY THE SOCIETY'S BOARD. AN ASSOCIATE SHALL BE ENTITLED TO RECEIVE ALL OTHER BENEFITS OF SOCIETY MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF STEEL FOUNDERS' SOCIETY OF AMERICA HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS OF STEEL FOUNDERS' SOCIETY OF AMERICA HAVE THE RIGHT TO APPROVE THE ORGANIZATION'S BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS FOR THEIR REVIEW, AND IS ALSO REVIEWED IN DETAIL BY THE VICE PRESIDENT OF FINANCE AND CONTRACTS AND THE EXECUTIVE VICE PRESIDENT. QUESTIONS OR CONCERNS THAT ANY BOARD MEMBERS HAVE ARE ADDRESSED BY THE VICE PRESIDENT OF FINANCE AND CONTRACTS AND EXECUTIVE VICE PRESIDENT BEFORE FORM 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES AND BOARD ARE ASKED TO REVIEW, DISCLOSE AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. THE VICE PRESIDENT OF OPERATIONS MONITORS COMPLIANCE WITH THE POLICY VIA CONSTANT INVOLVEMENT WITH THE KEY EMPLOYEES AND DIRECTORS. IF A POTENTIAL CONFLICT OF INTEREST ARISES, IT IS DISCLOSED TO THE BOARD. IF IT IS DEEMED A CONFLICT, THE INVOLVED INDIVIDUAL SHALL NOT PARTICIPATE IN ANY DECISIONS PERTAINING TO THE SITUATION IN WHICH THE CONFLICT ARISES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION PACKAGE OFFERED TO THE EXECUTIVE VICE PRESIDENT, OFFICERS, AND KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE SALARY ADMINISTRATION COMMITTEE ANNUALLY IN CONJUNCTION WITH THE EXECUTIVE COMMITTEE MEETING. INDUSTRY SURVEYS, REVIEW OF 990'S OF SIMILAR ORGANIZATIONS, AND REVIEW OF ONLINE COMPENSATION WEBSITES ARE USED IN DETERMINING COMPENSATION. THE APPROVED COMPENSATION IS DOCUMENTED DURING THE MEETING. THE LAST REVIEW WAS DONE IN SEPTEMBER 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS BY-LAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR STEEL FOUNDERS' SOCIETY FOUNDATION 780 MCARDLE DRIVE UNIT G CRYSTAL LAKE IL 60014 364389361 SCHOLARSHIPS IL 501(C)(3) LINE 12A, I SFSA 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0