2025-11-17T09:13:49-06:00 2024-12-31 582487348 Aprio Advisory Group LLC 111 Rockville Pike Suite 600 Rockville MD 20850 990 2024-01-01 363784945 The AED Foundation Inc AEDF 6305740650 650 E Algonquin Road 305 Schaumburg IL 60173 Brian McGuire President 6305740650 2025-11-17 1 0 Stacy Cullen P00974308 3012316200 2025-11-17 2024 2025-03-06 01:10:19Z Brian McGuire 650 E Algonquin Road 305 Schaumburg IL 60173 3366034 0 X aedfoundation.org X 1991 IL The AED Foundation enhances the success of AED member companies by encouraging continuous learning, providing educational opportunities for today's employees and improving the quantity and quality of available employees for the future. 23 22 0 22 0 0 3306495 1915247 757705 710551 75504 200853 198965 329355 4338669 3156006 31711 0 0 0 865176 969564 0 0 145814 1043591 1192444 1940478 2162008 2398191 993998 9698761 11076932 284172 290055 9414589 10786877 X The AED Foundation enhances the success of AED member companies by encouraging continuous learning, providing educational opportunities for today's employees and improving the quantity and quality of available employees for the future. 0 0 583675 423303 The AED Foundation provided management level educational seminars and webinars for industry employees to improve their professional skills and leadership abilities in areas including sales, rental, customer management, finance, parts, service, product support, human resources and branch management. Independent study program - the independent study program is a function of professional education and is a means of educating managers without requiring them to leave the office or home. Seventeen available course modules offer industry-specific management education in people management and skills, sales & customer management, and the functional areas of: parts, service, finance and rental. 631220 287248 Image Building - Image building is a function of workforce development and includes the aedcareers.com student recruitment website, recruitment tools offered to dealers on aedworkforce.com, and inter-organizational coalitions geared toward increasing awareness and interest in construction related careers. Team formation & support - team formation & support is also a function of workforce development and includes AED accreditation of post-secondary college academic programs in equipment technology, recognition of other post-secondary technical programs via the AED recognized <state> education alliance program, AED recognition of high school technical programs, and promoting local dealer engagement in local workforce development initiatives. These programs are services and do not generate income to the foundation, except in the cases of school accreditation and the education alliance, where a nominal application fee is required to help defray administrative costs. The foundation continues to stress the importance of workforce development projects, increasing the visibility of industry related careers through two websites: aedworkforce.com and aedcareers.com. Technician job applicants and dealer workforce recruitment tools are made available for local dealer initiatives on aedworkforce.com. Aedcareers.com provides students with the opportunity to thoroughly explore the dealer equipment technician career opportunity. 1214895 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 17 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X Fany Nieves 6305740650 650 E Algonquin Road Suite 305 Schaumburg IL 60173 Diane Benck Chairwoman 5.00 5.00 X X 0 0 0 Ron Barlet Vice Chairman 5.00 0.00 X X 0 0 0 Marshall Anderson AED Board Representative 5.00 5.00 X X 0 0 0 Darren Grahsl Treasurer 5.00 0.00 X X 0 0 0 Tim Watters Past Chairman 5.00 0.00 X X 0 0 0 Dan Fitzpatrick At-Large Director 5.00 0.00 X 0 0 0 Bill Chimley At-Large Director 5.00 0.00 X 0 0 0 Brady Seavert At-Large Director 5.00 0.00 X 0 0 0 Scott Young At-Large Director 5.00 0.00 X 0 0 0 Buck Baird At-Large Director 5.00 0.00 X 0 0 0 Adam Gilbertson At-Large Director 5.00 0.00 X 0 0 0 Kristin Girard At-Large Director 5.00 0.00 X 0 0 0 Jonathan Shilling At-Large Director 5.00 0.00 X 0 0 0 Carine Sauvignon At-Large Director 5.00 0.00 X 0 0 0 Jonathan Berry At-Large Director 5.00 0.00 X 0 0 0 John Somers At-Large Director 5.00 0.00 X 0 0 0 Jim Kessler At-Large Director 5.00 0.00 X 0 0 0 Kenny Bishop At-Large Director 5.00 0.00 X 0 0 0 Joel DiMarco At-Large Director 5.00 0.00 X 0 0 0 Michael Brennan At-Large Director 5.00 0.00 X 0 0 0 Josh Lucas At-Large Director 5.00 0.00 X 0 0 0 Michael W Johnson At-Large Director 5.00 0.00 X 0 0 0 Brian P McGuire President & CEO 1.00 50.00 X X 0 452291 25500 Robert Henderson Emeritus 5.00 45.00 X 0 181232 0 0 633523 25500 0 0 1 0 0 1915247 1915247 Educational Programs 611430 423303 423303 Assessments 611430 245765 245765 Accreditations 611430 41483 41483 710551 200853 200853 537933 210028 327905 327905 Miscellaneous 900099 1450 1450 1450 3156006 710551 0 530208 X 772726 430327 208272 134127 129507 129507 67331 37496 18148 11687 21431 21431 25800 25800 24961 24961 278208 278208 18451 18451 201225 20334 180891 57507 57507 124543 124543 269296 269296 15361 15361 Evaluation Team Expense 140394 140394 Research 12000 12000 Continuing Education 1478 1478 1789 8389 -6600 2162008 1214895 801299 145814 2455479 2119910 1065310 898499 2342637 2115111 68863 70879 15045 995 224986 224986 0 0 3122924 5843917 628503 27621 9698761 11076932 15172 16000 269000 274055 284172 290055 X 7034392 8552401 2380197 2234476 9414589 10786877 9698761 11076932 993998 378290 0 X X 0 1 X 1 0 X 572890 643970 3304021 3306495 1915247 9742623 567115 1612865 876098 1119314 1248484 5423876 8185 788 8973 1140005 2256835 4188304 4426597 3163731 15175472 12500 12500 730142 175520 905662 12500 730142 175520 918162 14257310 76331 83270 87524 99595 200853 547573 76331 83270 87524 99595 200853 547573 1450 1450 1216336 2340105 4275828 4526192 3366034 15724495 0.90670 0.91300 0.03480 0.03220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1859111 202409 2061520 1682408 176703 1859111 1978159 -295751 1682408 1779384 198775 1978159 1661146 118238 1779384 1.00000 0.00000 0.00000 0 0 224986 224986 0 0 Part V, Line 4: The Foundation intends to hold the endowment funds in perpetuity to be used to fund workforce development and other programs in the future. Gala 477933 477933 210028 Summit 60000 60000 537933 537933 210028 210028 327905 1 X X X X X 0 0 0 0 0 0 0 0 0 Brian P McGuire President & CEO 0 393834 0 58457 0 0 0 25500 0 0 0 477791 0 0 Robert Henderson Emeritus 0 177712 0 3520 0 0 0 0 0 0 0 181232 0 0 Form 990, Part VI, Section B, line 11b In order to provide each Board member an opportunity to review the Form 990 before filing, a draft copy of the completed Form 990 is sent to each member via email. The Form 990 will not be filed until the Board has had sufficient time to complete their review. Form 990, Part VI, Section B, line 12c A conflict-of-interest policy has been implemented. On an annual basis, the policy will be distributed to all board members with instructions to inform management of any interests that may give rise to a conflict. Form 990, Part VI, Section B, line 15a The executive director and entire staff is employed by associated equipment distributors (AED), a related entity. The AED executive committee reviews non-profit payroll data in determining the organization's executive director's compensation. All other wages are overseen by AED's management. Form 990, Part VI, Section C, line 19 The foundation makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Form 990, Part IX, line 11g Consulting: Program service expenses 278,208. Management and general expenses 0. Fundraising expenses 0. Total expenses 278,208. Form 990, Part XII, Line 2c: There were no changes to the organization's selection process or oversight process during the year. ASSOCIATED EQUIPMENT DISTRIBUTORS 650 E ALGONQUIN RD SUITE 305 SCHAUMBURG IL 60173 362098486 TRADE ASSN IL 501(c)(6) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 Associated Equipment Distributors O 772726 Wages By Hours Worked Associated Equipment Distributors P 434223 Cost Associated Equipment Distributors C 500000 Cost