2025-11-17T14:44:23-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2024-01-01 264464937 INDEPENDENT LUBRICANT MANUFACTURERS ASSOCIATION FOUNDATION INDE 7036845574 675 N WASHINGTON STREET 275 ALEXANDRIA VA 223142374 HOLLY ALFANO CHIEF EXECUTIVE OFFICER 7036845574 2025-11-17 1 0 ROBERT WILLIAMS P01345960 5712279500 2025-11-17 2024 2025-03-06 01:10:19Z HOLLY ALFANO 675 N WASHINGTON STREET 275 ALEXANDRIA VA 223142374 844417 0 X WWW.ILMA.ORG/FOUNDATION X 2009 VA TO RECEIVE CONTRIBUTIONS FROM ASSOCIATION MEMBERS TO DISTRIBUTE TO STUDENTS WHO HAVE BEEN APPROVED AND AWARDED SCHOLARSHIPS. TO PROVIDE EDUCATIONAL PROGRAMS TO MEMBERS. THE MISSION OF THE FOUNDATION IS TO MEET THE EDUCATIONAL AND LEADERSHIP NEEDS OF INDEPENDENT LUBRICANT MANUFACTURERS; TO PROMOTE HIGH ETHICAL STANDARDS AND CONDUCT IN THE LUBRICANTS INDUSTRY; TO ADVANCE THE LEADERSHIP AND MANAGEMENT EXCELLENCE OF THE LUBRICANTS INDUSTRY; TO ADMINISTER A SCHOLARSHIP PROGRAM; AND, TO ENGAGE IN OTHER CONDUCT PERMITTED BY AN ORGANIZATION EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW). 13 13 0 13 0 0 149852 844213 0 0 0 204 0 0 149852 844417 88500 72000 0 0 0 85659 22667 0 0 493 67434 111660 225093 38192 619324 464682 1089896 9274 5900 455408 1083996 X SCHOLARSHIP FUND - TO RECEIVED CONTRIBUTIONS FROM ASSOCIATION MEMBERS TO DISTRIBUTE TO STUDENTS WHO HAVE BEENAPPROVED AND AWARDED SCHOLARSHIPS. ALSO TO PROVIDE EDUCATION OPPORTUNITIES TO ASSOCIATION MEMBERS.THE MISSION OF THE FOUNDATION IS TO MEET THE EDUCATIONAL AND LEADERSHIP NEEDS OF INDEPENDENT LUBRICANT MANUFACTURERS; TO PROMOTE HIGH ETHICAL STANDARDS AND CONDUCT IN THE LUBRICANTS INDUSTRY; TO ADVANCE THE LEADERSHIP AND MANAGEMENT EXCELLENCE OF THE LUBRICANTS INDUSTRY; TO ADMINISTER A SCHOLARSHIP PROGRAM; AND, TO ENGAGE IN OTHER CONDUCT PERMITTED BY AN ORGANIZATION EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF1986 (OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW). 1 0 215818 72000 0 SCHOLARSHIP FUND - TO RECEIVED CONTRIBUTIONS FROM ASSOCIATION MEMBERS TO DISTRIBUTE TO STUDENTS WHO HAVE BEEN APPROVED AND AWARDED SCHOLARSHIPS. 9275 0 0 PROGRAM - AN INTERNSHIP TOOLKIT WAS DEVELOPED WITH THE CONSULTANT'S ASSISTANCE. THE ILMA INTERNSHIP ACADEMY LAUNCHED IN THE FALL OF 2023 AS A PILOT PROGRAM WITH UP TO 15 MEMBER COMPANIES TO DEVELOP THEIR OWN INTERNSHIP PROGRAMS. A SUGGESTION WAS MADE THAT THE FOUNDATION DEVELOP SEVERAL SHORT VIDEOS TO EXPLAIN THE INTERNSHIP ACADEMY. 225093 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X MARGARET SMITH 7036845574 675 NORTH WASHINGTON STREET SUITE ALEXANDRIA VA 22314 X DAVE DIBERTO TREASURER (THRU 10/24); CHAIR 1.00 0.00 X X 0 0 0 MIKE DAMIANI SECRETARY (THRU 10/24); TREASURER 1.00 1.00 X X 0 0 0 BARBARA KUDIS SECRETARY (AS OF 10/24) 1.00 1.00 X X 0 0 0 JARRETT FLEGEL CHAIR (THRU 10/24); DIRECTOR 1.00 0.00 X X 0 0 0 GLEN MAZZAMARO DIRECTOR 1.00 0.00 X 0 0 0 GABE RHOADS DIRECTOR 1.00 0.00 X 0 0 0 FABIEN THAUVIN DIRECTOR 1.00 0.00 X 0 0 0 CHUCK DECKER DIRECTOR 1.00 1.00 X 0 0 0 BETH ANN JONES DIRECTOR 1.00 0.00 X 0 0 0 LEANNE CLELAND DIRECTOR (AS OF 10/24) 1.00 0.00 X 0 0 0 ANN BALL DIRECTOR 1.00 1.00 X 0 0 0 MIKE DEBATTISTA DIRECTOR 1.00 0.00 X 0 0 0 TOM SCHROEDER DIRECTOR 1.00 1.00 X 0 0 0 0 0 0 0 0 0 0 0 844213 844213 204 204 844417 0 0 204 X 72000 72000 85659 85659 19154 19154 28515 28515 4754 4754 7806 7806 2819 2819 2784 2784 1312 1312 290 290 225093 225093 0 0 332310 474463 103311 69162 443147 63210 68975 464682 1089896 9274 5900 9274 5900 X 272599 413628 182809 670368 455408 1083996 464682 1089896 619324 9264 0 X 0 1 X 1 0 X X X 1 INDEPENDENT LUBRICANT MANUFACTURERS ASSOCIATION 440554072 10 1 72000 0 1 72000 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 2: THE SUPPORTED ORGANIZATION IS NOT DESCRIBED IN 509(A)(1) OR (2). SEE EXPLANATION FOR LINE 3 BELOW. PART IV, SECTION B, LINE 2: THE FOUNDATION IS DEDICATED TO ADMINISTER A SCHOLARSHIP PROGRAM TO ASSIST HELPING STUDENTS ACHIEVE THEIR EDUCATIONAL GOALS WITH FINANCIAL ASSISTANCE; TO PROMOTE HIGH ETHICAL STANDARDS AND CONDUCT IN THE LUBRICANTS INDUSTRY. THE FOUNDATION'S SCHOLARHIP PROGRAM SUPPORTS AND PROMOTES EDUCATIONAL AND RESEARCH ACTIVITIES RELATED TO LUBRICANTS INDUSTRY, CONSISTENT WITH THE MISSION OF THE SUPPORTED ORGANIZATION, ILMA. PART IV, SECTION A, LINE 3B: THE FOUNDATION'S SUPPORTED ORGANIZATION, AS IDENTIFIED IN ITS BY-LAWS AND FORM 1023, IS THE INDEPENDENT LUBRICANT MANUFACTURERS ASSOCIATION ("ILMA"). ILMA IS A PUBLICLY-SUPPORTED 501(C)(6) ORGANIZATION FOR AT LEAST THE LAST FIVE TAX YEARS. ILMA'S MEMBERSHIP TOTALS WERE THE FOLLOWING FOR THE PAST FIVE YEARS: 2024 - 353 2023 - 357 2022 - 350 2021 - 330 2020 - 344 ILMA ESTIMATES THAT 25,000 PEOPLE ARE EMPLOYED BY ITS MANUFACTURING MEMBERS, AND THAT EMPLOYMENT IN THE OVERALL LUBRICANTS INDUSTRY EXCEEDS 40,000. ILMA DOES NOT HAVE ANY "DISQUALIFIED PERSON AND, THEREFORE, DID NOT RECEIVE ANY AMOUNT FROM A DISQUALIFIED PERSON IN THE LAST FIVE TAX YEARS. IN DETERMINING WHETHER ILMA HAS EXCESS CONTRBUTORS, IT TOOK INTO ACCOUNT THE NAME OF EACH PAYER (OTHER THAN A DISQUALIFIED PERSON), WHO MADE A PAYMENT OF MORE THAN $5,000 OR MORE IN THE LAST FIVE TAX YEARS. THE ORGANIZATION HAS CALCULATED THE PUBLIC SUPPORT TEST OF SECTION 509(A)(2) FOR ITS SUPPORTED ORGANIZATION, ILMA. THE PUBLIC SUPPORT PERCENTAGE FOR 2020-2024 IS 91.63% PART IV, SECTION A, LINE 3C: THE FOUNDATION DOES NOT MAKE GIFTS, GRANTS, DONATION, CONTRIBUTIONS, TRANSFERS, OR OTHER PAYMENTS TO ILMA (OTHER THAN EXPENSE ALLOCATIONS AND REIMBURSEMENTS). THE FOUNDATION SUPPORTS ILMA BY, AMONG OTHER THINGS, CONDUCTING AND MONITORING THE ACTIVITIES OF THE SCHOLARSHIP FUND. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 ANNUITIES 68975 C 68975 X PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE IRC. ILMA AND THE FOUNDATION HAVE ADOPTED THE GUIDANCE ON THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS BEEN DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. 1 SCHOLARSHIPS 40 72000 N/A N/A PART I, LINE 2: THE ORGANIZATION VERIFIES RECIPIENT ELIGIBILITY, MAINTAINS GRANT RECORDS, AND MONITORS COMPLIANCE THROUGH REQUIRED REPORTS AND FOLLOW-UP REVIEWS. FUNDS ARE TRACKED TO ENSURE CHARITABLE USE, AND CORRECTIVE ACTIONS ARE TAKEN IF NONCOMPLIANCE OCCURS. FORM 990, PART III, LINE 2 THE FOUNDATION LAUNCHED AN INTERNSHIP TOOLKIT FOR MEMBERS TO USE TO RECRUIT AND HIRE INTERNS AT COLLEGES AND VOCATIONAL SCHOOLS. THE TOOLKIT IS FREE TO ALL MEMBERS. (AN UPWORK CONSULTANT (ELIZABETH O'MALLEY) DEVELOPED THE TOOLKIT FOR US AND LED THE INTERNSHIP ACADEMY, A SERIES OF WEBINARS TO ASSIST MEMBERS IN LAUNCHING THEIR INTERNSHIP PROGRAMS. WE ALSO USED A FUNDRAISING CONSULTANT (PATRICK MYERS) TO HELP BEEF UP OUR FUNDRAISING EFFORTS THROUGH THE FOUNDATION. THE CONSULTANT DEVELOPED SOME OF THE MARKETING MATERIALS WE HAVE BEEN USING TO REACH OUT TO DONORS. KINDFUL IS THE FOUNDATION'S DONOR MANAGEMENT SOFTWARE. WE USE IT FOR ONGOING DONOR SOLICITATIONS AND ACKNOWLEDGMENTS FORM 990, PART VI, SECTION B, LINE 11B THE CEO, PRESIDENT AND TREASURER WILL REVIEW AND APPROVE THE 990 BEFORE IT IS FILED FOR 2024. FORM 990, PART VI, SECTION B, LINE 12C PERIODIC REVIEWS ARE HELD AND CONDUCTED FOR MONITORING PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST. THE PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST ARE AS FOLLOWS: (A) AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. (B) THE CHAIRPERSON OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. (C) AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER ILMA CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. (D) IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLE POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS OR COMMITTEE MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN ILMA'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, ILMA SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. "INTERESTED PERSON" ARE ANY ILMA DIRECTOR, OFFICER OR MEMBER OF A COMMITTEE WITH BOARD OF DIRECTORS ("BOARD") DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL. IF THE BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWS THE CHIEF EXECUTIVE OFFICER'S EMPLOYMENT CONTRACT, WHICH INCLUDES SALARY AND BENEFIT INFORMATION. THIS CONTRACT IS ULTIMATELY APPROVED BY THE EXECUTIVE COMMITTEE. BONUSES ARE REVIEWED ANNUALLY IN JANUARY BY THE EXECUTIVE COMMITTEE AND ARE NOT GUARANTEED. WHEN A NEW CEO IS HIRED THE EXECUTIVE COMMITTEE HIRES A SEARCH FIRM, THE FINAL CANDIDATES ARE INTERVIEWED BY THE EXECUTIVE COMMITTEE AND THE FINAL CANDIDATE IS APPROVED BY THE ENTIRE BOARD OF DIRECTORS. THIS CONTRACT IS A FIVE-YEAR CONTRACT. PROFESSIONAL DEVELOPMENT FIRMS ALONG WITH THE SEARCH FIRM SUPPLY COMPARABILITY DATA FOR COMPENSATION, ASAE AND QUATT ARE SOURCES FOR COMPENSATION GUIDELINES. DOCUMENTATION IS IN THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTOR'S MINUTES. FOR THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES: THE CEO GATHERS THE DC AREA WIDE SALARY DATA FROM AVAILABLE SOURCES, AND GENERAL INDUSTRY RELEVANT INFORMATION AND AFTER REVIEWING, SHE DISCUSSES THE INFORMATION WITH THE ILMA PRESIDENT AND TREASURER. WHEN A DECISION IS MADE, THE INFORMATION IS PROVIDED TO THE ACCOUNTING MANAGER FOR PAYROLL PROCESSING AND BENEFIT PROCESSING USUALLY VIA EMAIL. ANY DELIBERATIONS DISCUSSED IN AN EXECUTIVE COMMITTEE SESSION OR BOARD OF DIRECTOR'S SESSION ARE DOCUMENTED IN THE MINUTES AND IF NEEDED, SENT VIA EMAIL TO THE ACCOUNTING MANAGER FOR PROCESSING. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 28,515. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,515. INDEPENDENT LUBRICANT MANUFACTURERS ASSOCIATION 675 NORTH WASHINGTON STREET STE 275 ALEXANDRIA VA 223142374 440554072 TO PROVIDE THE SAFEST PRODUCTS FOR INDUSTRIAL, TRANSPORTATION, AND HOME USE VA 501(C)(6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0