2025-11-12T10:40:16-06:00 2024-12-31 113066459 CERINI & ASSOCIATES LLP 3340 VETERANS MEMORIAL HWY BOHEMIA NY 11716 990 2024-01-01 270685219 INSTITUTE FOR WORKFORCE ADVANCEMENT INST 5165975455 575 BROADHOLLOW ROAD MELVILLE NY 11747 RAY FARRELL CHAIRMAN OF THE BOARD 5165975455 2025-11-12 1 0 TANIA QUIGLEY P01549343 6315821600 2025-11-12 2024 2025-03-06 01:10:19Z RAY FARRELL 575 BROADHOLLOW ROAD MELVILLE NY 11747 260315 0 X WWW.IWA-US.ORG X 2008 NY TO PROVIDE SMALL AND MEDIUM SIZED MANUFACTURERS THE OPPORTUNITY TO ADDRESS NEW MARKETS THAT REQUIRE THE USE OF COMPOSITE MATERIALS AND HELP REGIONAL MANUFACTURERS PRODUCE COMPOSITE PRODUCTS THROUGH TRAINING AND EQUIPMENT AVAILABILITY. IWA WILL PROVIDE A FULL SPECTRUM OF SERVICES RANGING FROM ENGINEERING, PROCESS DEVELOPMENT, PRODUCT DEVELOPMENT, INSPECTION, AND TESTING, TO WORKFORCE TRAINING AND DEVELOPMENT. 6 6 7 0 0 0 15000 32500 474482 219603 0 0 354 8212 489836 260315 0 0 0 0 418369 417128 0 0 0 146105 117300 564474 534428 -74638 -274113 476667 211943 46576 55965 430091 155978 X INSTITUTE FOR WORKFORCE ADVANCEMENT (IWA) IS A HIGHLY SPECIALIZED VISIONARY ENTRYWAY INTO THE FUTURE. STAFFED BY LEADING EXPERTS IN THE FIELD OF COMPOSITES, THE STATE OF THE ART FACILITY ENABLES ORGANIZATIONS TO CROSS BOUNDARIES, EXPAND MANUFACTURING SCOPE, AND EFFECTIVELY COMPETE IN DYNAMIC EXPANDING MARKETPLACES RANGING FROM AEROSPACE, AUTOMOTIVE, AND ENERGY, TO INFRASTRUCTURE, TRANSPORTATION AND CONSUMER PRODUCTS. AT IWA, THE FULL GAMUT OF COMPOSITE SERVICES AND RESOURCES UNITE SO THAT ORGANIZATIONS CAN DESIGN, PROTOTYPE, TEST, AND TRAIN, ALL UNDER A SINGLE ROOF. 0 0 247523 219603 TO PROVIDE SMALL AND MEDIUM SIZED MANUFACTURES THE OPPORTUNITY TO ADDRESS NEW MARKETS THAT REQUIRE THE USE OF COMPOSITE MATERIALS AND HELP REGIONAL MANUFACTURERS PRODUCE COMPOSITE PRODUCTS THROUGH TRAINING AND EQUIPMENT AVAILABILITY. IWA WILL PROVIDE A FULL SPECTRUM OF SERVICES RANGING FROM ENGINEERING, PROCESS DEVELOPMENT, PRODUCT DEVELOPMENT, INSPECTION, AND TESTING TO WORKFORCE TRAINING AND DEVELOPMENT. 247523 1 1 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 NY X X THE ORGANIZATION 5165975455 575 BROADHOLLOW ROAD MELVILLE NY 11747 RAY FARRELL CHAIRMAN OF THE BOARD 2.50 X X 0 0 0 BARRY SHORTEN SECRETARY 4.50 X X 0 0 0 JEFFREY BASS TREASURER 4.50 X X 0 0 0 JOSEPH GARONE VICE PRESIDENT 2.50 X X 0 0 0 ANNMARIE SCHEIDT BOARD MEMBER 2.50 X 0 0 0 JOHN SMITH BOARD MEMBER 2.50 X 0 0 0 MICHAEL MCQUILLAN DIRECTOR OF FINANCE 40.00 X 109937 0 30787 109937 0 30787 1 0 0 0 0 32500 32500 PROJECT INCOME 541900 219603 219603 219603 OTHER INCOME 900099 8212 8212 8212 260315 227815 0 0 109937 43975 65962 244256 97702 146554 29926 11970 17956 33009 13204 19805 11725 7269 4456 8339 5171 3168 1874 1475 399 15523 15346 177 24610 15700 8910 6787 5158 1629 2689 2689 61 61 1964 1964 8879 2198 6681 LICENSES 17379 6952 10427 SUBCONTRACTOR FEES 16606 16606 MISCELLANEOUS 451 451 DUES AND SUBSCRIPTIONS 289 144 145 124 124 534428 247523 286905 0 280799 146299 144621 28933 36937 24365 30555 18209 14310 12346 476667 211943 31576 29965 15000 26000 46576 55965 X 430091 155978 430091 155978 476667 211943 -274113 0 X 1 X 0 1 0 X 1500 107820 30550 15000 32500 187370 57593 52407 112655 474482 219603 916740 59093 160227 143205 489482 252103 1104110 0 0 0 1104110 752 354 8212 9318 59093 160227 143957 489836 260315 1113428 0.99160 0.99920 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21218 8872 12346 9337 9337 0 12346 X 260315 0 260315 0 260315 534428 0 534428 0 534428 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS.INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. THE ORGANIZATION HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AS A TAX POSITION; HOWEVER, THE ORGANIZATION HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES AS A NONPROFIT ORGANIZATION UNDER NEW YORK STATE LAW. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAX JURISDICTION. FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION USES ALCOTT GROUP ("ALCOTT"), A PROFESSIONAL EMPLOYER ORGANIZATION ("PEO"), WHICH PROVIDED PROFESSIONAL EMPLOYER SERVICES. IN THE PEO RELATIONSHIP, ALCOTT AND THE ORGANIZATION SHARE CERTAIN RESPONSIBILITIES AND ALLOCATE OTHER EMPLOYER RESPONSIBILITIES INDIVIDUALLY. FORM 990, PART VI, SECTION B, LINE 11B THOSE CHARGED WITH GOVERNANCE REVIEW A DRAFT OF THE FORM 990 BEFORE IT IS FINALIZED AND FILED. THE FORM 990 IS AVAILABLE TO ALL MEMBERS UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN A BOARD POLICY MANUAL ACKNOWLEDGEMENT DOCUMENT ANNUALLY STATING THAT THEY HAVE READ A COPY OF THE IWA BOARD OF DIRECTORS POLICY MANUAL AND AGREE, AS EVIDENCED BY THEIR SIGNATURE, THAT THEY WILL COMPLY WITH ALL POLICIES CONTAINED IN THE MANUAL, INCLUDING THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR BOTH MANAGEMENT OFFICIALS AND NON-MANAGEMENT OFFICERS IS DETERMINED AT THE YEARLY ELECTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.