POWER TRANSMISSION DISTRIBUTORS ASSN

EIN: 366094108

CHICAGO, IL

Total Revenue
$2,215,460
Total Expenses
$2,478,012
Total Assets
$2,465,662
Net Assets
$1,913,019
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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
DE
Principal Officer
ANN ARNOTT
Phone
3125162100
Tax Period
2023-01-01 to 2023-12-31

POWER TRANSMISSION DISTRIBUTORS ASSN, founded in 1960, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2023. Expenses of $2.5M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROMOTE AND ADVANCE THE FIELDS OF POWER TRANSMISSION AND MOTION CONTROL EQUIPMENT ENGINEERING AND SALES THROUGH ACTIVITIES AND PROGRAMS DESIGNED TO IMPROVE BUSINESS PRACTICES, MARKETING PROGRAMS, VALUE ADDED SERVICES AND EDUCATION.

Program Service Accomplishments

Program 1

STRATEGIC GOAL IS TO DEVELOP PROGRAMS THAT FOSTER RELATIONSHIPS BETWEEN THOSE IN THE POWER TRANSMISSION/MOTION CONTROL INDUSTRIAL DISTRIBUTION CHANNEL. THE ANNUAL INDUSTRY SUMMIT BRINGS TOGETHER THE...

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STRATEGIC GOAL IS TO DEVELOP PROGRAMS THAT FOSTER RELATIONSHIPS BETWEEN THOSE IN THE POWER TRANSMISSION/MOTION CONTROL INDUSTRIAL DISTRIBUTION CHANNEL. THE ANNUAL INDUSTRY SUMMIT BRINGS TOGETHER THE INDUSTRY LEADERS OF THE POWER TRANSMISSION/MOTION CONTROL DISTRIBUTION CHANNEL TO FOSTER BUSINESS RELATIONSHIPS, EXCHANGE IDEAS, IMPROVE BUSINESS PARTNERSHIPS, LEARN NEW INFORMATION AND TECHNIQUES AND GAIN INSIGHT INTO MARKET TRENDS AFFECTING THEIR BUSINESSES. 2023 INDUSTRY SUMMIT HAD 435 DELEGATES. THE 2023 CANADIAN CONFERENCE HAD 129 DELEGATES.

Program 2

STRATEGIC GOAL IS TO PROVIDE PROFESSIONAL DEVELOPMENT PROGRAMS IN THE POWER TRANSMISSION/MOTION CONTROL INDUSTRY. CONTINUING EDUCATION PRODUCT SALES: PTDA HAS DEVELOPED A VARIETY OF CONTINUING...

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STRATEGIC GOAL IS TO PROVIDE PROFESSIONAL DEVELOPMENT PROGRAMS IN THE POWER TRANSMISSION/MOTION CONTROL INDUSTRY. CONTINUING EDUCATION PRODUCT SALES: PTDA HAS DEVELOPED A VARIETY OF CONTINUING EDUCATION TRAINING RESOURCES TO ASSIST MEMBERS IN THE SKILL AND KNOWLEDGE DEVELOPMENT OF THEIR EMPLOYEES, PARTICULARLY IN THE AREAS OF TECHNICAL KNOWLEDGE AND SALES SKILLS TRAINING.PRINCIPLE PRODUCTS INCLUDE: POWER TRANSMISSION HANDBOOK/WORKBOOK AND DISTRIBUTION AND THE POWER OF PROFIT.

Program 3

STRATEGIC GOAL IS TO EMPOWER PTDA MEMBERS TO INFLUENCE THEIR END CUSTOMER SO THAT BUYING THROUGH A PTDA DISTRIBUTOR MEMBER IS AN END CUSTOMER'S CHANNEL OF CHOICE.PTDA IS RESEARCHING PT/MC END...

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STRATEGIC GOAL IS TO EMPOWER PTDA MEMBERS TO INFLUENCE THEIR END CUSTOMER SO THAT BUYING THROUGH A PTDA DISTRIBUTOR MEMBER IS AN END CUSTOMER'S CHANNEL OF CHOICE.PTDA IS RESEARCHING PT/MC END CUSTOMER NEEDS AND VALUES IN ORDER TO PROVIDE PTDA MEMBERS WITH THESE INSIGHTS AND DISCOVERIES TO BETTER MARKET THEIR PRODUCTS AND SERVICES.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $88,250
Program Service Revenue $1,785,972
Investment Income $55,757
Other Revenue $285,481
TOTAL REVENUE $2,215,460

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,001,715
Fundraising Expenses $0
Other Expenses $1,476,297
TOTAL EXPENSES $2,478,012

Year-over-Year Comparison

2023 2022 Change
Revenue $2,215,460 $2,275,919 0.0%
Expenses $2,478,012 $2,126,683 +0.2%
Net Income $-262,552 $149,236 -2.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
9
Volunteers
100

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
5
$277,782
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE MCLAIN PRESIDENT 2.00
Officer Director
$0 $0 $0
BRIAN NOWAK FIRST VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
BILL SHEPARD SECOND VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
BRIAN DAVIS TREASURER 2.00
Officer Director
$0 $0 $0
JEAN-PIERRE BOUCHARD IMMEDIATE PAST PRESIDENT 2.00
Director
$0 $0 $0
TAMMY BALOGH MANUFACTURER COUNCIL CHAIR 2.00
Director
$0 $0 $0
ANDREW BROWN MANUFACTURER COUNCIL VICE 2.00
Director
$0 $0 $0
CHESTER COLLIER DIRECTOR 2.00
Director
$0 $0 $0
THOMAS HOLTRY DIRECTOR 2.00
Director
$0 $0 $0
JIM JEFFIERS DIRECTOR 2.00
Director
$0 $0 $0
ROB LARUE DIRECTOR 2.00
Director
$0 $0 $0
JEFF MATTSON DIRECTOR 2.00
Director
$0 $0 $0
CRAIG PIRIE DIRECTOR 2.00
Director
$0 $0 $0
CHRISTOPHER DUCOMB DIRECTOR 2.00
Director
$0 $0 $0
ANN ARNOTT EXECUTIVE VP/CEO 45.00
Officer
$250,608 $27,174 $277,782
ANNA MEYER SR DIR OF PROJECT MANAGEME 40.00
Highest
$111,216 $11,912 $123,128
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $2,215,460 $2,478,012 $2,465,662 $-262,552
2022 $2,275,919 $2,126,683 $2,719,023 $149,236
2021 $2,007,433 $1,817,846 $2,682,932 $189,587
2020 $1,456,808 $1,633,289 $2,401,322 $-176,481
2019 $2,242,421 $2,149,881 $2,507,020 $92,540
2018 $2,299,359 $2,251,732 $2,256,266 $47,627
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