2026-02-11T14:32:49-06:00 2025-03-31 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2024-04-01 341332388 PRECISION METALFORMING ASSOCIATION EDUCATIONAL FOUNDATION PREC 2169018800 6363 OAK TREE BLVD INDEPENDENCE OH 44131 MARK GETSAY CFO 2169018800 2026-02-10 1 1 CHRISTOPHER B ANDERSON P00226559 2163630100 2024 2025-03-06 01:10:19Z MARK GETSAY 6363 OAK TREE BLVD INDEPENDENCE OH 44131 933848 0 X N/A X 1980 OH TO ENHANCE THE SUPPLY OF SKILLED WORKERS BY SUPPORTING TRAINING AND EDUCATION PROGRAMS AND BY IMPROVING THE PUBLIC IMAGE AND AWARENESS OF CAREERS IN METALFORMING. 13 13 0 25 0 0 41849 71415 0 0 138547 147328 0 0 180396 218743 63054 182434 0 0 33126 34936 0 0 0 79013 39444 175193 256814 5203 -38071 2406980 2331294 7166 7813 2399814 2323481 TO ENHANCE THE SUPPLY OF SKILLED WORKERS BY SUPPORTING TRAINING AND EDUCATION PROGRAMS AND BY IMPROVING THE PUBLIC IMAGE AND AWARENESS OF CAREERS IN METALFORMING. 0 0 247435 182434 THE FOUNDATION ASSISTS WITH THE TRAINING AND EDUCATIONAL NEEDS OF THE METALFORMING INDUSTRY THROUGH ALLIANCES, PARTNERSHIPS, AND INFORMATION EXCHANGE. IT ENCOURAGES AND FUNDS EDUCATIONAL PROGRAMS AND PUBLIC AWARENESS OF CAREERS THAT HELP THE INDUSTRY IN MEETING ITS WORKFORCE DEVELOPMENT NEEDS. 247435 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 0 0 0 OH X MARK GETSAY 2169018800 6363 OAK TREE BLVD INDEPENDENCE OH 44131 MARK GETSAY EXECUTIVE DIRECTOR 40.00 X X 0 234391 9026 SUZANNE MORRISON TRUSTEE 1.00 X 0 0 0 JOHN ZAWACKI TRUSTEE 1.00 X 0 0 0 JONATHAN JANKOWSKI TRUSTEE 1.00 X 0 0 0 KEN KOLMAN TRUSTEE 1.00 X 0 0 0 MARK NETZEL TRUSTEE 1.00 X 0 0 0 JEFF FREDLINE TRUSTEE 1.00 X 0 0 0 KARA WILLIAMS TRUSTEE 1.00 X 0 0 0 JEFFREY CLARK TRUSTEE 1.00 X 0 0 0 JEFF AZNAVORIAN TRUSTEE 1.00 X 0 0 0 JODY FLEDDERMAN TRUSTEE 1.00 X 0 0 0 KIMBERLY CLARKE TRUSTEE 1.00 X 0 0 0 RICH WAGY TRUSTEE 1.00 X 0 0 0 GREG SMITH TRUSTEE 1.00 X 0 0 0 0 234391 9026 0 0 1 0 0 71415 71415 60268 60268 802165 715105 87060 87060 87060 218743 0 0 147328 88934 88934 93500 93500 30679 27169 3510 2157 1910 247 2100 1860 240 9424 8346 1078 8700 7705 995 13808 12228 1580 3000 2656 344 31 27 4 3500 3100 400 BANK FEES 981 981 256814 247435 9379 0 141137 146067 33950 32010 2226893 2148217 5000 5000 2406980 2331294 7166 7813 7166 7813 X 1686187 1528714 713627 794767 2399814 2323481 2406980 2331294 -38071 -38262 0 X 0 1 X 1 0 X X 1 PRECISION METALFORMING ASSOC 340639124 10 1 73934 0 1 73934 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART I, LINE 11G (III): THE FOUNDATION SUPPORTS PRECISION METALFORMING ASSOCIATION ("PMA") WHICH IS A SECTION 501(C)(6) ORGANIZATION. ALTHOUGH THE QUESTIONS IN PART IV, LINE 3 ALLOW FOR A SUPPORTING ORGANIZATION RELATIONSHIP TO EXIST BETWEEN A SECTION 501(C)(3) ENTITY AND A SECTION 501(C)(6) ENTITY, PART I, LINE 11G (III) DOES NOT ALLOW US TO INDICATE THAT THE SUPPORTED ORGANIZATION IS A SECTION 501(C)(6) ORGANIZATION. AS SUCH, WE HAVE USED CODE "10" FOR QUESTION 11G (III) SINCE PMA MEETS THE REQUIREMENTS OF SECTION 509(A)(2), AS SPECIFIED BELOW. PART IV, SEC. A, LINE 2 - PUBLIC CHARITY STATUS: THE FOUNDATION SUPPORTS THE EDUCATIONAL PURPOSES OF PRECISION METALFORMING ASSOCIATION ("PMA"), WHICH IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(6). AS A SECTION 501(C)(6) ORGANIZATION, PMA CANNOT OBTAIN A DETERMINATION REGARDING ITS STATUS AS A PUBLICLY SUPPORTED ORGANIZATION UNDER SECTIONS 509(A)(1) OR 509(A)(2). HOWEVER, AS DESCRIBED IN OUR NARRATIVE BELOW FOR PART IV, LINE 3B, PMA ANNUALLY PERFORMS THE PUBLIC SUPPORT TEST OF SECTION 509(A)(2) TO ENSURE THAT IT CONTINUES TO MEET THE REQUIREMENTS. PART IV, SEC. A, LINE 3B - SEC. 509(A)(2) TEST: WITH THE ASSISTANCE OF THE OUTSIDE PUBLIC ACCOUNTING FIRM, PRECISION METALFORMING ASSOCIATION ("PMA") PERFORMS THE PUBLIC SUPPORT TEST UNDER SECTION 509(A)(2) TO ENSURE THAT IT CONTINUES TO PASS THE 2 TESTS OF THAT CODE SECTION. PMA PERFORMS THE SECTION 509(A)(2) PUBLIC SUPPORT TEST ANNUALLY. PMA HAS A DETERMINATION LETTER FROM THE IRS SHOWING THAT IT IS TAX-EXEMPT UNDER CODE SECTION 501(C)(6). FURTHER, PMA ANNUALLY CHECKS THE IRS' TAX EXEMPT ORGANIZATIONS SEARCH TOOL TO ENSURE THAT ITS TAX-EXEMPT STATUS HAS NOT BEEN AUTOMATICALLY REVOKED. PART IV, SEC. A, LINE 3C - VERIFICATION OF USES OF SUPPORT: PRECISION METALFORMING ASSOCIATION ("PMA") AND THE FOUNDATION SHARE EMPLOYEES AND ACCOUNTING SOFTWARE. FOR SUPPORT THAT PMA RECEIVES DIRECTLY FROM THE FOUNDATION, PERSONNEL ENSURE THAT THESE FUNDS ARE SPENT EXCLUSIVELY FOR EDUCATIONAL PURPOSES IN ACCORDANCE WITH CODE SECTION 170(C)(2)(B). THE FOUNDATION ALSO MAKES GRANTS TO UNRELATED ORGANIZATIONS FOR EDUCATIONAL PROGRAMS AND REQUIRES GRANTEES TO SUBMIT PERIODIC REPORTS WHICH DESCRIBE HOW THE FUNDS WERE SPENT. PART IV, SEC. D, LINE 3 - SIGNIFICANT VOICE: THE FOUNDATION HAS A SIGNIFICANT VOICE IN THE AFFAIRS OF PRECISION METALFORMING ASSOCIATION ("PMA"), THE SUPPORTED ORGANIZATION, BECAUSE PMA HAS THE POWER TO APPOINT 6 OF THE 14 BOARD MEMBERS OF THE FOUNDATION. ADDITIONALLY, THE FOUNDATION PROVIDES IMPORTANT FUNDING FOR EDUCATIONAL PROGRAMS THAT BENEFIT THE PRECISION METALFORMING INDUSTRY. WITHOUT THE SUPPORT OF THE FOUNDATION, PMA WOULD HAVE TO RAISE MONEY TO CONDUCT THESE PROGRAMS ON ITS OWN. PART IV, SEC. E, LINE 2A - FURTHERING EXEMPT PURPOSES: AS NOTED ABOVE, THE FOUNDATION PROVIDED FUNDING FOR EDUCATIONAL PROGRAMS FOR THE METALFORMING INDUSTRY, AND WITHOUT SUCH SUPPORT, PRECISION METALFORMING ASSOCIATION ("PMA"), THE SUPPORTED ORGANIZATION, WOULD HAVE TO RAISE THE FUNDS FOR THESE PROGRAMS ON ITS OWN. EDUCATIONAL PROGRAMS ARE A SIGNIFICANT ACTIVITY FOR PMA'S MEMBERS, AND AS SUCH, PMA IS RESPONSIVE AND ATTENTIVE TO THE FOUNDATION. RAISING AND PROVIDING FUNDS FOR EDUCATIONAL PROGRAMS CONSTITUTED THE MOST SIGNIFICANT ACTIVITIES OF THE FOUNDATION. PART IV, SEC. E, LINE 2B - ACTIVITIES OF SUPPORTED ORG.: AS NOTED ABOVE, THE FOUNDATION PROVIDES NEEDED FUNDING TO PRECISION METALFORMING ASSOCIATION ("PMA"), THE SUPPORTED ORGANIZATION, FOR EDUCATIONAL PROGRAMS FOR THE METALFORMING INDUSTRY. WITHOUT THE FOUNDATION'S INVOLVEMENT, PMA WOULD HAVE TO CONDUCT THESE ACTIVITIES ITSELF SINCE EDUCATIONAL PROGRAMS ARE A SIGNIFICANT PART OF PROMOTING THE INDUSTRY OF PMA'S MEMBERS. 2226893 95258 173934 2148217 2081713 252564 107384 2226893 2446596 -87168 277715 2081713 2289513 157083 2446596 1758958 615439 84884 2289513 0.71278 0.21714 0.07008 0 0 0 X 166673 -38262 -38262 204935 13808 13808 218743 243006 0 243006 13808 13808 256814 PART V, LINE 4: USE OF ENDOWMENT FUNDS - FUND ARE USED TO SUPPORT THE FOUNDATION'S EDUCATION PURPOSES AND PROGRAMS. PART X, LINE 2: FIN 48(ASC 740) FOOTNOTE - TAX STATUS: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS TAX EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT HAS BEEN RECOGNIZED AS A NON-PRIVATE FOUNDATION UNDER SECTION 509(A)(3) OF THE CODE BECAUSE OF ITS RELATIONSHIP WITH PRECISION METALFORMING ASSOCIATION. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. AS OF MARCH 31, 2025, THE FOUNDATION'S INCOME TAX YEARS FROM MARCH 31, 2022 AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, AS WELL AS VARIOUS STATE AND LOCAL TAXING AUTHORITIES. 1 PRECISION METALFORMING ASSOCIATION 6363 OAK TREE BLVD INDEPENDENCE OH 44131 340639124 501(C)(6) 73934 0 MGMT.DEV.TRNG. SCHOLARSHIPS 48 93500 0 PART I, LINE 2 - MONITORING USE OF GRANT FUNDS: BECAUSE OF THE "SUPPORTING ORGANIZATION" RELATIONSHIP WITH PRECISION METALFORMING ASSOCIATION, THE FOUNDATION IS ASSURED THAT ITS GRANT FUNDS ARE SPENT FOR EDUCATIONAL PURPOSES. FOR OTHER ORGANIZATIONS, THE FOUNDATION MONITORS THE USE OF ITS GRANT FUNDS BY REQUESTING REPORTS FROM RECIPIENTS WHICH DESCRIBE HOW THE FUNDS WERE SPENT. 0 0 0 0 0 0 0 0 0 MARK GETSAY EXECUTIVE DIRECTOR 0 213073 0 10286 0 11032 0 9026 0 0 0 243417 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE ORGANIZATION - THE ORGANIZATION HAS 2 CLASSES OF MEMBERS: THE SUSTAINING MEMBER AND THE SUPPORTING MEMBERS. THE SUSTAINING MEMBER IS PRECISION METALFORMING ASSOCIATION, A SECTION 501(C)(6) TRADE ASSOCIATION. THE SUPPORTING MEMBERS ARE MADE UP OF THE FOLLOWING CATEGORIES: FOUNDING MEMBERS, THE INSTITUTIONAL PARTNERSHIP MEMBER, THE INDUSTRY PARTNER MEMBER, THE EDUCATIONAL PARTNER MEMBER, AND THE FRIEND OF THE FOUNDATION MEMBER. CURRENTLY, THE ONLY ACTIVE SUPPORTING MEMBERS ARE THE FOUNDING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A POWERS OF THE MEMBERS - THE SUSTAINING MEMBER (PRECISION METALFORMING ASSOCIATION) APPOINTS THE SUSTAINING TRUSTEES. THE SUPPORTING MEMBERS ELECT THE SUPPORTING TRUSTEES, WITH EACH SUPPORTING MEMBER ENTITLED TO ONE VOTE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW - THE FOUNDATION'S BOARD OF DIRECTORS HAS AUTHORIZED THE AUDIT COMMITTEE TO REVIEW FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY - THE FOUNDATION IS A SUPPORTING ORGANIZATION OF PRECISION METALFORMING ASSOCIATION AND, AS SUCH, MAINTAINS A CLOSE RELATIONSHIP WITH THE ASSOCIATION. THE ASSOCIATION'S OPERATING SYSTEM REQUIRES USE OF PURCHASING PROCEDURES WITH APPROVALS OF ALL PURCHASES BY THE APPROPRIATE INDIVIDUALS WHICH ARE SUBJECT TO INTERNAL AUDIT AND REVIEW BY INDEPENDENT PERSONS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS - THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. PRECISION METALFORMING ASSOCIATION 6363 OAK TREE BLVD INDEPENDENCE OH 44131 340639124 TRADE ASSOC OH 501(C)(6) N/A N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 PRECISION METALFORMING ASSOCIATION B 73934 FMV PRECISION METALFORMING ASSOCIATION C 64550 FMV