MOTOR AND EQUIPMENT MANUFACTURERS … - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1904

Legal Domicile

Principal Officer

BILL LONG

Phone

9195494800

Tax Period

2024-01-01 to 2024-12-31

MOTOR AND EQUIPMENT MANUFACTURERS ASSOCIATION, founded in 1904, is a mid-sized nonprofit that reported $18.6M in total revenue in fiscal year 2024.

Mission

TO FOSTER THE COMMERCIAL INTERESTS OF ITS MEMBERS IN THE MOTOR VEHICLE SUPPLIER INDUSTRY.

Program Service Accomplishments

Program 1

THE ASSOCIATION PROMOTES THE BUSINESS INTERESTS OF ITS MEMBERS BY: 1. COORDINATING CONSTRUCTIVE DIALOGUE, COOPERATIVE RESEARCH AND STRATEGIC INFORMATION EXCHANGE AMONG THE VARIOUS AUTOMOTIVE...

THE ASSOCIATION PROMOTES THE BUSINESS INTERESTS OF ITS MEMBERS BY: 1. COORDINATING CONSTRUCTIVE DIALOGUE, COOPERATIVE RESEARCH AND STRATEGIC INFORMATION EXCHANGE AMONG THE VARIOUS AUTOMOTIVE AFTERMARKET, HEAVY DUTY, ORIGINAL EQUIPMENT, AND REMANUFACTURING INDUSTRY PARTIPANTS, AND THE GOVERNMENT ENTITIES THAT REGULATE THEM. 2. PROMOTING NETWORKING AND INFORMATION EXCHANGE AMONG THE MEMBERSHIP THROUGH A WIDE RANGE OF CONFERENCES AND EXHIBITIONS THAT FOCUS ON THE MAJOR ISSUES OF IMPORTANCE TO MEMBERS, AND THROUGH COMMITTEES, COUNCILS, FORUMS, PRODUCT LINE GROUPS, AND PEER GROUPS. 3. PROMOTING PUBLIC AWARENESS OF THE IMPORTANCE OF THE AUTOMOTIVE AFTERMARKET, HEAVY DUTY, ORIGINAL EQUIPMENT, AND REMANUFACTURING INDUSTRIES TO THE COMMUNITY AND TO THE COUNTRY WITH STATISTICS ON SALES, EMPLOYMENT, TAXES, EXPORTS, ETC. 4. COORDINATING RESEARCH ON ISSUES OF INTEREST TO THE MEMBERS, DEVELOPING BENCHMARKING INFORMATION, AND CONDUCTING FORUMS ON SPECIFIC ISSUES. 5. DEVELOPING STRATEGIC ALLIANCES WITH OTHER ASSOCIATIONS AND SOCIETIES TO PROMOTE INFORMATION EXCHANGE, THE INTRODUCTION OF COMPANIES, THE PROMOTION OF RELEVANT RESEARCH AND THE HEALTH OF THE INDUSTRY. 6. PROMOTING INCREASED AWARENESS OF THE CAPABILITIES OF FELLOW ASSOCIATION MEMBERS TO ENHANCE BUSINESS TO BUSINESS RELATIONSHIPS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $17,937,338

Investment Income $786,632

Other Revenue $-113,483

TOTAL REVENUE $18,610,487

Expense Breakdown

Grants Paid $83,101

Salaries & Benefits $11,053,219

Fundraising Expenses $0

Other Expenses $7,714,257

TOTAL EXPENSES $18,850,577

Year-over-Year Comparison

	2024	2023	Change
Revenue	$18,610,487	$18,337,390	+0.0%
Expenses	$18,850,577	$16,767,261	+0.1%
Net Income	$-240,090	$1,570,129	-1.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$3,641,910

Total Directors

$858,856

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL LONG	PRESIDENT & CEO	39.00	Officer Director	$804,729	$54,127	$858,856
CHRIS PRUITT	DIRECTOR	2.00	Director	$0	$0	$0
DOMINIC GROTE	TREASURER	1.00	Officer Director	$0	$0	$0
ERIC STEINBECHER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JASON GERDING	DIRECTOR	1.00	Director	$0	$0	$0
JOHN HANIGHEN	DIRECTOR	1.00	Director	$0	$0	$0
JON HUSBY	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JUSTIN GREENBERG	DIRECTOR	1.00	Director	$0	$0	$0
KURK WILKS	CHAIR	2.00	Officer Director	$0	$0	$0
MARC BLACKMAN	DIRECTOR	2.00	Director	$0	$0	$0
MATT JOY	DIRECTOR	1.00	Director	$0	$0	$0
MIKE ALCALA	DIRECTOR	1.00	Director	$0	$0	$0
SANDY STOJKOVSKI	DIRECTOR (TO 04/24)	1.00	Director	$0	$0	$0
TIM MUSGRAVE	DIRECTOR (TO 04/24)	1.00	Director	$0	$0	$0
ANN WILSON	SENIOR V.P., GOV. AFFAIRS	40.00	Officer	$515,356	$26,760	$542,116
COLLIN SHAW	PRESIDENT, MEMA OE	40.00	Officer	$371,765	$55,019	$426,784
JOHN CHALIFOUX	COO & CHIEF SUSTAINABILITY	40.00	Officer	$431,997	$39,886	$471,883
JULIE FREAM	PRESIDENT & CEO, MEMA ORIGINAL	40.00	Officer	$416,721	$37,263	$453,984
MIKE BLAWAS	CFO & SECRETARY	39.00	Officer	$264,368	$57,532	$321,900
PAUL MCCARTHY	PRESIDENT & CEO, MEMA AFTERMARKET	40.00	Officer	$507,660	$58,727	$566,387
ANA MEUWISSEN	SENIOR V.P., MEMA GOV'T AFFAIRS	40.00	Highest	$286,628	$41,108	$327,736
BILL FRYMOYER	VICE PRESIDENT, PUB. POLIC	40.00	Highest	$359,384	$22,007	$381,391
CHRIS GARDNER	SENIOR V.P., MEMA AFERMARK	40.00	Highest	$291,266	$47,523	$338,789
MIKE A JACKSON	EXECUTIVE DIRECTOR, STRATEGY & RESEARCH	40.00	Highest	$201,589	$51,981	$253,570
STEVE HORANEY	SENIOR V.P., MEMA ORIGINAL	40.00	Highest	$296,445	$34,156	$330,601

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$18,610,487	$18,850,577	$48,031,284	$-240,090
2023	$18,337,390	$16,767,261	$44,638,756	$1,570,129
2022	$16,162,537	$15,782,128	$40,744,706	$380,409
2021	$17,239,678	$15,892,295	$37,966,318	$1,347,383
2020	$12,428,747	$14,182,526	$33,128,845	$-1,753,779
2019	$18,173,752	$17,707,718	$34,253,256	$466,034
2018	$17,472,109	$17,321,981	$31,409,647	$150,128

MOTOR AND EQUIPMENT MANUFACTURERS ASSOCIATION