Overview
What is National Tooling And Machining Assoc?
National Tooling and Machining Association (NTMA) is a nonprofit organization situated in Cleveland, Ohio. Their primary focus is to positively impact the U.S. precision manufacturing industry's role in the national economy and inspire change that fosters a healthy, sustainable manufacturing environment. They achieve this by organizing conventions, purchasing fairs, and seminars. These events boost awareness of general business and industry relations practices, offering a platform for members to exchange ideas on industry-related issues. The purchasing fairs enable NTMA members to connect with a vast array of potential customers. Additionally, NTMA aims to connect precision manufacturers, promoting industry advancement and security for future generations. They leverage their collective experiences and ingenuity to accelerate member capabilities, advocating for the industry and providing essential business resources and critical knowledge. With a team of 17 individuals, NTMA is committed to closing the skills gap by engaging youth and developing emerging leaders.
Official website here: www.ntma.org
Is National Tooling And Machining Assoc legitimate?
National Tooling And Machining Assoc is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Tooling And Machining Assoc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
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Other Salaries and Wages: $1,284,229
For more financial information, click here
Official website here: www.ntma.org
What is the mission statement of National Tooling And Machining Assoc?
The National Tooling and Machining Association (NTMA) aims to positively impact the strategic role of the U.S. precision manufacturing industry in the national economy. Their mission is to connect precision manufacturers, leveraging their collective experiences and ingenuity, to accelerate the capabilities of all members. NTMA advocates for the industry with a unified voice, providing vital business resources and critical knowledge to its members. They are committed to addressing the skills gap by engaging youth and developing emerging leaders.
Official website here: www.ntma.org
What is the revenue of National Tooling And Machining Assoc?
National Tooling And Machining Assoc's revenue in 2023 was $3,420,384.
Official website here: www.ntma.org
Who are the executives of National Tooling And Machining Assoc and what are their salaries?
The average compensation at National Tooling And Machining Assoc during 2023 was $75,543. There are 17 employees and 90 volunteers at National Tooling And Machining Assoc.
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Official website here: www.ntma.org
Where can I find the form 990 for National Tooling And Machining Assoc?
National Tooling And Machining Assoc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ntma.org
Learn more at the official website: www.ntma.org
Mission Statement of National Tooling And Machining Assoc
The National Tooling and Machining Association, abbreviated as NTMA, is committed to positively impacting the strategic role of the U.S. precision manufacturing industry within the national economy. Their mission is to connect and support precision manufacturers, fostering an environment that encourages growth and sustainability for future generations. NTMA leverages the collective experiences and ingenuity of its members, providing opportunities that enhance their capabilities. By advocating for the industry with a unified voice, NTMA ensures vital business resources and crucial knowledge are accessible to its members. Furthermore, NTMA is dedicated to addressing the skills gap by engaging youth and developing emerging leaders, aiming to ensure the longevity and success of the precision manufacturing industry.
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Impact
October, 2024
The National Tooling and Machining Association (NTMA) plays a crucial role in enhancing the U.S. precision manufacturing industry, significantly impacting the national economy. By fostering innovation and collaboration among precision manufacturers, NTMA inspires positive change to promote a healthy and sustainable manufacturing environment.
Through conventions, purchasing fairs, and seminars, NTMA elevates awareness of essential business practices and fosters industry relations. These events provide valuable forums for members to share insights and tackle pertinent issues, thereby strengthening the industry's collective knowledge. The purchasing fairs specifically empower NTMA members by connecting them with a diverse range of prospective customers, paving the way for new business opportunities and growth.
NTMA is dedicated to advancing and securing the future of U.S. precision manufacturing by leveraging the collective experiences and ingenuity of its members. The organization advocates for the industry with a unified voice, offering vital resources and critical knowledge tailored to the unique challenges of the sector. Additionally, NTMA addresses the skills gap by engaging youth and fostering the development of emerging leaders, ensuring a robust workforce for the future.
In summary, NTMA's initiatives not only enhance the effectiveness of its members but also contribute significantly to the overall health of the U.S. manufacturing landscape, driving innovation, competitiveness, and sustainability in the sector.
This information is meant to be a general summary of National Tooling And Machining Assoc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $281,297
- Program Service Revenue: $1,985,568
- Gross Receipts: $3,420,384
Assets and Liabilities:
- Total Assets: $5,025,132
- Total Liabilities: $1,372,353
- Net Assets: $3,652,779
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,402,159
MEETINGS/SEMINARS
Revenue
$444,720
ADVERTISING INCOME
Revenue
$100,708
TUITION
Revenue
$37,981
Organization Details
Founding Year
1948
Principal Officer
Roger Atkins
Website
www.ntma.orgNTEE Category
Code: S41 - Community improvement
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