FIRE EQUIPMENT MANUFACTURERS' ASSOC INC

EIN: 362820534

CLEVELAND, OH

Total Revenue
$1,112,081
Total Expenses
$1,142,525
Total Assets
$360,527
Net Assets
$81,907
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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
1949
Legal Domicile
IL
Principal Officer
JIM WIDMER
Phone
2162417333
Tax Period
2023-01-01 to 2023-12-31

FIRE EQUIPMENT MANUFACTURERS' ASSOC INC, founded in 1949, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023.

Mission

TO PROMOTE THE INTERESTS OF THE MANUFACTURERS OF FIRE PROTECTION AND RELATED EQUIPMENT.

Program Service Accomplishments

Program 1

GOVERNMENT RELATIONS PROGRAM: PROGRAM TO ADDRESS LEGISLATIVE AND REGULATORY ISSUES RELATED TO PORTABLE EXTINGUISHERS AND PRE-ENGINEERED FIRE PROTECTION SYSTEMS WHICH FURTHERS THE EXEMPT PURPOSE OF...

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GOVERNMENT RELATIONS PROGRAM: PROGRAM TO ADDRESS LEGISLATIVE AND REGULATORY ISSUES RELATED TO PORTABLE EXTINGUISHERS AND PRE-ENGINEERED FIRE PROTECTION SYSTEMS WHICH FURTHERS THE EXEMPT PURPOSE OF PROMOTING THE INTERESTS OF THE MANUFACTURERS OF FIRE PROTECTION AND RELATED EQUIPMENT.

Program 2

CODE CONSULTANT: CONSULTANT RETAINED TO REPRESENT FIRE EQUIPMENT MANUFACTURERS ASSOCIATION IN BUILDING AND FIRE CODES NATIONAL FIRE PROTECTION ASSOCIATION STANDARDS WHICH FURTHERS THE EXEMPT PURPOSE...

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CODE CONSULTANT: CONSULTANT RETAINED TO REPRESENT FIRE EQUIPMENT MANUFACTURERS ASSOCIATION IN BUILDING AND FIRE CODES NATIONAL FIRE PROTECTION ASSOCIATION STANDARDS WHICH FURTHERS THE EXEMPT PURPOSE OF PROMOTING THE INTERESTS OF MANUFACTURERS OF FIRE PROTECTION AND RELATED EQUIPMENT.

Program 3

MARKETING PROGRAM: PROGRAM TO PROMOTE ASSOCIATION AND ITS MEMBER PRODUCTS WHICH FURTHERS THE EXEMPT PURPOSE OF PROMOTING THE INTERESTS OF THE MANUFACTURERS OF FIRE PROTECTION AND RELATED EQUIPMENT.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $332,500
Program Service Revenue $779,581
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,112,081

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,142,525
TOTAL EXPENSES $1,142,525

Year-over-Year Comparison

2023 2022 Change
Revenue $1,112,081 $1,129,477 0.0%
Expenses $1,142,525 $1,119,373 +0.0%
Net Income $-30,444 $10,104 -4.0%
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

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
33

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
2
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL AUBUCHON DIRECTOR 0.50
Director
$0 $0 $0
ROBERT BELL VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
HARRISON BISHOP DIRECTOR 0.50
Director
$0 $0 $0
GREG KAMMAN DIRECTOR 0.50
Director
$0 $0 $0
CHUCK KIMBALL DIRECTOR 0.50
Director
$0 $0 $0
DUANE LEONHARDT DIRECTOR 0.50
Director
$0 $0 $0
DAN MOE DIRECTOR 0.50
Director
$0 $0 $0
BEN PITTS DIRECTOR 0.50
Director
$0 $0 $0
CLAYTON RANDALL DIRECTOR 0.50
Director
$0 $0 $0
JEFF SAUNDERS DIRECTOR 0.50
Director
$0 $0 $0
ERIC SMITH DIRECTOR 0.50
Director
$0 $0 $0
BILL VEGSO DIRECTOR 0.50
Director
$0 $0 $0
MARK WATROUS DIRECTOR 0.50
Director
$0 $0 $0
JIM WIDMER PRESIDENT 0.50
Officer Director
$0 $0 $0
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 No data No data No data No data
2023 $1,112,081 $1,142,525 $360,527 $-30,444
2022 $1,129,477 $1,119,373 $234,568 $10,104
2021 $989,996 $972,437 $208,136 $17,559
2020 $987,803 $970,621 $207,882 $17,182
2019 $1,045,372 $1,046,787 $101,244 $-1,415
2018 $1,014,253 $1,011,194 $106,219 $3,059
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