American Welding Society Inc in Columbu, Ohio (OH)

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American Welding Society Inc
Employer Identification Number (EIN)130434890
Name of OrganizationAmerican Welding Society Inc
In Care of NameMatthew Loney
Address1248 Arthur Adams Drive, Columbu, OH 43221
ActivitiesOther school related activities, Other services or benefits to members or employees
SubsectionEducational Organization, Scientific Organization
Ruling Date12/1943
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$50,000,000 to greater
Income$10,000,000 to $49,999,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$56,618,238
Amount of Income$34,862,903
Form 990 Revenue Amount$23,073,983
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2013: $34,862,903
This organization: 

 $34,862,903
Other organizations performing similar types of work: 

 $1,135,572

Assets in 2013: $56,618,238
American Welding Society Inc: 

 $56,618,238
Other organizations performing similar types of work: 

 $1,313,154

Expenses in 2012: $22,890,751
This organization: 

 $22,890,751
Other organizations performing similar types of work: 

 $895,505

Income to expenses ratio in 2012: 1.5
American Welding Society Inc: 

 1.5
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2007: 76.6%
American Welding Society Inc: 

 76.6%
Other organizations performing similar types of work: 

 0.0%

Number of employees in 2012: 117
This organization: 

 117
Other organizations performing similar types of work: 

 7

Employees paid over $100,000 in 2012: 23.1%
American Welding Society Inc: 

 23.1%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$33,661,391
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$31,659,120
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$776,734
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental loss$-1,232,437
Gross rents (Real / Personal)$359,089 / $0
Less: rental expenses (Real / Personal)$1,591,526 / $0
Rental income or (loss) (Real / Personal)$-1,232,437 / $0
Net gain from sales of assets other than inventory$2,457,974
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $4,600,000
Less: cost or other basis and sales expenses (Securities / Other)$0 / $2,142,026
Gain or (loss) (Securities / Other)$0 / $2,457,974
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$22,890,751
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$7,903,859
Payroll taxes$593,127
Professional fundraising services$0
Other$14,393,765
Balance Sheet (for 2012)
Total assets$65,494,312
Total liabilities$4,447,180
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$4,447,180
Total net assets or fund balances$61,047,132
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$135,628,737
Gifts, grants, contributions, and membership fees received$0
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$121,237,813
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$3,296,722
Other$11,094,202
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002007
Total revenue$17,821,667$23,073,983
Contributions, gifts, grants, and similar amounts received$39,318$61,290
Contributions to donor advised funds$0
Direct public support$39,318$61,290
Indirect public support$0$0
Government contributions (grants)$0$0
Program service revenue including government fees and contracts$14,322,752$20,016,255
Membership dues and assessments$3,233,907$2,565,036
Interest on savings and temporary cash investments$206,660$0
Dividends and interest from securities$0$431,402
Net rental income or (loss)$0$0
Gross rents$45,894$63,333
Less: rental expenses$45,894$63,333
Other investment income$0$0
Gain or (loss) from sales of assets other than inventory$0$0
Gross amount from sales of assets other than inventory$0$0
Less: cost or other basis and sales expenses$0$0
Net income or (loss) from special events and activities$0$0
Gross revenue$0$0
Less: direct expenses other than fundraising expenses$0$0
Gross profit or (loss) from sales of inventory$0$0
Gross sales of inventory, less returns and allowances$0$0
Less: cost of goods sold$0$0
Other revenue$19,030$0
Total expenses$18,611,134$16,475,703
Program services$13,872,476$12,620,197
Management and general$4,738,658$3,855,506
Fundraising$0$0
Payments to affiliates$0$0
Net assets or fund balances at end of year$5,269,472$19,683,445
Excess or (deficit) for the year$-789,467$6,598,280
Net assets or fund balances at beginning of year$6,139,092$12,841,778
Other changes in net assets or fund balances$-80,153$243,387
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$16,475,703$12,620,197$3,855,506$0
Grants paid from donor advised funds$0
Other grants and allocations$18,764
Specific assistance to individuals$0
Benefits paid to or for members$80,838
Compensation of current officers, directors, key employees, etc.$680,277$0$680,277$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$4,651,608$3,611,388$1,040,220$0
Pension plan contributions not included above$232,753$185,337$47,416$0
Employee benefits not included above$1,553,777$1,276,775$277,002$0
Payroll taxes$420,048$274,850$145,198$0
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$226,239$213,135$13,104$0
Telephone$96,076$57,959$38,117$0
Postage and shipping$1,131,096$1,086,663$44,433$0
Occupancy$477,860$332,495$145,365$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$743,032$709,975$33,057$0
Travel$454,435$314,920$139,515$0
Conferences, conventions, and meetings$2,160,639$1,810,807$349,832$0
Interest$0$0$0$0
Depreciation, depletion, etc.$159,240$0$159,240$0
Other expenses not covered above$3,389,021$2,646,291$742,730$0
Balance Sheets
20002007
Total assets$10,141,770$22,909,798
Cash - non-interest-bearing$0$1,301,146
Savings and temporary cash investments$600,000$2,098,490
Accounts receivable less allowance for doubtful accounts$1,774,038$1,424,231
Pledges receivable less allowance for doubtful accounts$0$0
Grants receivable$39,152$0
Receivables from current and former officers, directors, trustees, and key employees$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0
Other notes and loans receivable less allowance for doubtful accounts$0$0
Inventories for sale or use$0$183,226
Prepaid expenses and deferred charges$999,978$360,585
Investments - publicly-traded securities$14,957,601
Investments - other securities$510,240$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0
Investments - other$3,680,578$0
Land, buildings, and equipment less accumulated depreciation$2,425,547$2,561,215
Other assets, including program-related investments$112,237$23,304
Total liabilities$4,872,298$3,226,353
Accounts payable and accrued expenses$2,537,552$1,031,367
Grants payable$0$0
Deferred revenue$0$0
Loans from officers, directors, trustees, and key employees$0$0
Tax-exempt bond liabilities$0$0
Mortgages and other notes payable$0$0
Other liabilities$2,334,746$2,194,986
Total liabilities and net assets/fund balances$10,141,770$22,909,798
Total net assets or fund balances$5,269,472$19,683,445
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002007
Total revenue$17,821,667$23,073,983
Total revenue, gains, and other support per audited financial statements$17,787,408$23,380,630
Other expenses$-34,259$306,647
Net unrealized gains on investments$-80,153$243,314
Donated services and use of facilities$0$0
Recoveries of prior year grants$0$0
Other$45,894$63,333
Other revenue$0$0
Investment expenses$0$0
Other$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002007
Total expenses$18,611,134$16,475,703
Total expenses and losses per audited financial statements$18,657,028$16,539,036
Other revenue$45,894$63,333
Donated services and use of facilities$0$0
Prior year adjustments$0$0
Losses$0$0
Other$45,894$63,333
Other expenses$0$0
Investment expenses$0$0
Other$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$290,960$29,565$12,000
40$188,524$10,269$0
40$140,729$8,230$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings35
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 200695
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$2,226,274$431,402$20,355,017
Program service revenue
Program service revenue 1000000$000$0$10,739
Program service revenue 2000000$000$0$1,761,007
Program service revenue 3000000$000$0$26,361
Program service revenue 4000000$000$0$403,970
Program service revenue 5Advertising and related services$2,226,27400$0$15,587,904
000000$000$0$10,739
000000$000$0$1,761,007
000000$000$0$26,361
000000$000$0$403,970
000000$000$0$103,610
000000$000$0$91,664
000000$000$0$7,243,855
000000$000$0$4,390
000000$000$0$99,266
000000$000$0$475,063
Advertising and related services$1,790,19400$0$0
999999$152,53000$0$0
999999$78,47100$0$0
999999$116,81300$0$0
999999$88,26600$0$0
000000$000$0$103,772
000000$000$0$893,800
000000$000$0$1,555
000000$000$0$2,425,726
000000$000$0$864,283
000000$000$0$3,270,168
000000$000$0$10,752
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$2,565,036
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$431,402$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
650328495100%$2,199$46,966
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$187,220$3,298$0
$154,230$5,162$6,600
$132,092$7,352$6,600
$97,088$5,666$0
$109,785$3,973$0
Total number of other employees paid over $50,00033
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?Yes
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
19992006
Total$16,530,974$18,852,440
Gifts, grants, and contributions received$28,388$41,050
Membership fees received$2,888,878$2,344,716
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$13,256,390$16,245,768
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$357,318$220,906
Net income from unrelated business activities not included above$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0
Other income$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$2,427,842$1,029,347$1,398,495
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$2,427,842$1,029,347$1,398,495
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$1,398,495
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$1,398,495
Other deductions$0
Unrelated business taxable income$0
Unrelated business taxable income before net operating loss deduction$0
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$0
Specific deduction$1,000
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Csa America Inc, Csa International8501 E Pleasant Valley Rd, Cleveland, OH 44131-5516OH1993-04$35,573,667
2American Welding Society Inc1248 Arthur Adams Drive, Columbu, OH 43221OH1943-12$34,862,903
3Cincinnati Usa Regional Chamber3 East 4th Street 200, Cincinnati, OH 45202-3728OH1949-03$19,690,846
4Ohio Society Of Certified Public Accountants535 Metro Pl S, Dublin, OH 43017-5316OH1945-08$10,753,131
5Precision Metal Forming Association6363 Oak Tree Blvd, Independence, OH 44131-2556OH1946-01$6,083,999
6Steamship Trade Association Of Baltimore Inc8615 Ridgelys Choice Dr Ste 202, Baltimore, MD 21236-3028MD1952-07$4,513,205
7National Tooling & Machining Assocation1357 Rockside Rd, Cleveland, OH 44134-2776OH1945-02$4,481,160
8Vigilant6825 Sw Sandburg St, Tigard, OR 97223-8009OR1962-01$4,029,831
9Ohio Chamber Of CommercePO BOX 15159, Columbus, OH 43215-0159OH1936-01$4,010,654
10Builders Exchange Inc9555 Rockside Rd Ste 300, Cleveland, OH 44125-6282OH1950-09$3,887,630
11Forging Industry Association1111 Superior Ave E Ste 615, Cleveland, OH 44114-2568OH1960-07$3,241,748
12Greater Akron Chamber Of Commerce1 Cascade Plz Fl 17, Akron, OH 44308-1118OH1975-08$3,198,253
13Illinois Ignition Interlock Assoc C/O Richard FreundCincinnati, OH 45212OH$64,000
14Holton/Jackson County Chamber Of CommerceHolton, KS 66436KS$52,517
15Technology Association Of Georgia Inc75 Fifth Street Nw, Atlanta, GA 30308-1019GA1999-08$3,585,971
16Wcit 2006 Inc201 Via Fortuna Ste 210, Austin, TX 78746TX2003-11$3,440,344
17Association Of Institutional Investors2001 K St Nw Ste 400, Washington, DC 20006-1040DC2011-10$1,285,000
18Texas Horsemens Partnership LlpPO BOX 142533 SUITE 250, Austin, TX 78714-2533TX2004-04$619,791
19Winston-Salem Alliance100 N Main St, Winston Salem, NC 27101-4047NC2001-02$549,973
20Vote Yes On Issue 3 Committee49 S Grant Ave, Columbus, OH 43215-3927OH2007-08$0
Number of organizations performing similar types of work
Alaska1
Alabama14
Arkansas10
Arizona14
California108
Colorado18
Connecticut12
District of Columbia78
Delaware7
Florida52
Georgia30
Hawaii5
Iowa18
Idaho2
Illinois80
Indiana24
Kansas12
Kentucky9
Louisiana15
Massachusetts29
Maryland25
Maine3
Michigan30
Minnesota26
Missouri27
Mississippi11
Montana5
North Carolina39
North Dakota1
Nebraska5
New Hampshire4
New Jersey25
New Mexico6
Nevada8
New York92
Ohio42
Oklahoma11
Oregon18
Pennsylvania48
Rhode Island4
South Carolina11
South Dakota9
Tennessee20
Texas75
Utah4
Virginia104
Vermont5
Washington26
Wisconsin21
West Virginia8
Wyoming3
International4
Total1,258

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