2026-09-01T15:32:59-05:00 2025-12-31 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2025-01-01 264464937 INDEPENDENT LUBRICANT MANUFACTURERS ASSOCIATION FOUNDATION INDE 7036845574 675 N WASHINGTON STREET 275 ALEXANDRIA VA 223142374 HOLLY ALFANO CHIEF EXECUTIVE OFFICER 7036845574 2026-08-14 1 CHICHI MSANGI P01972113 5712279500 2026-07-27 2025 HOLLY ALFANO 675 N WASHINGTON STREET 275 ALEXANDRIA VA 223142374 652496 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. 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 OF 1986 (OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW). 13 13 0 13 0 0 844213 637320 0 0 204 15176 0 0 844417 652496 72000 85000 0 0 85659 101662 0 0 0 67434 65951 225093 252613 619324 399883 1089896 1548786 5900 55331 1083996 1493455 X SCHOLARSHIP FUND - TO RECEIVE CONTRIBUTIONS FROM ASSOCIATION MEMBERS TO DISTRIBUTE TO STUDENTS WHO HAVE BEEN APPROVED 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 OF 1986 (OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW). 0 0 242204 85000 0 SCHOLARSHIP FUND - TO RECEIVED CONTRIBUTIONS FROM ASSOCIATION MEMBERS TO DISTRIBUTE TO STUDENTS WHO HAVE BEEN APPROVED AND AWARDED SCHOLARSHIPS. 10409 0 0 AN INTERNSHIP TOOLKIT WAS DEVELOPED WITH A 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. THE PILOT PROGRAM WAS A SUCCESS, AND ILMA CONTINUES TO PROMOTE THE INTERNSHIP TOOLKIT TO MEMBERS THAT WISH TO DEVELOP THEIR OWN INTERNSHIP PROGRAMS. 252613 1 1 0 0 0 0 0 0 0 0 0 0 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 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 CHAIR 1.00 0.00 X X 0 0 0 MIKE DAMIANI TREASURER 1.00 1.00 X X 0 0 0 BARBARA KUDIS SECRETARY 1.00 1.00 X X 0 0 0 JARRETT FLEGEL DIRECTOR (THRU 10/25) 1.00 0.00 X 0 0 0 GLENN 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 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 (THRU 10/25) 1.00 1.00 X 0 0 0 RICHARD CAMPER DIRECTOR (AS OF 10/25) 1.00 5.00 X 0 0 0 DAN OWCZARZAK DIRECTOR (AS OF 10/25) 1.00 1.00 X 0 0 0 0 0 0 0 0 0 0 0 637320 637320 15176 15176 652496 0 0 15176 85000 85000 101662 101662 6866 6866 9913 9913 5642 5642 5004 5004 7887 7887 1403 1403 2559 2559 1331 1331 RESEARCH EXPENSES 25000 25000 346 346 252613 252613 0 0 474463 505055 103311 453487 443147 515193 68975 75051 1089896 1548786 5900 55331 5900 55331 X 413628 506944 670368 986511 1083996 1493455 1089896 1548786 399883 9576 0 X 0 1 X 1 0 X X X 1 INDEPENDENT LUBRICANT MANUFACTURERS ASSOCIATION 440554072 10 1 85000 0 1 85000 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: 2025 - 353 2024 - 353 2023 - 357 2022 - 350 2021 - 330 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 2021-2025 IS 91.55% 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 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 31 85000 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 VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY TAX ADVISORS OF A NATIONAL ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. THE BOARD IS RESPONSIBLE AND REVIEWS THE 990 FOR COMPLETENESS AND ACCURACY. THE COMPLETE FORM 990 IS PROVIDED TO THE BOARD PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. 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 2025. 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. 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 1 1 0 0 0 0