Overview
What is American Gear Manufacturers Association?
The American Gear Manufacturers Association (AGMA) is a globally recognized network situated in Alexandria, Virginia. With a focus on mechanical power transmission components, AGMA serves as a hub for technical standards, education, and business information. They offer an array of over 20 educational classes, catering to both engineers and operators, covering various aspects of gear manufacturing from design to failure. These classes are accredited by IACET, supporting the continuing education needs of the industry's credentialed engineers. Annually, more than 1300 individuals participate in AGMA's educational programs. The organization's mission is to provide a platform for knowledge exchange and collaboration among manufacturers, suppliers, and users of mechanical power transmission components.
Is American Gear Manufacturers Association legitimate?
American Gear Manufacturers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Gear Manufacturers Association 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: $368,527
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,720,849
For more financial information, click here
What is the mission statement of American Gear Manufacturers Association?
The American Gear Manufacturers Association (AGMA) serves as a global network, focusing on technical standards, education, and business information for manufacturers, suppliers, and users of mechanical power transmission components. Their mission is to provide a platform for sharing knowledge and resources, catering to the needs of the entire industry. AGMA offers a comprehensive range of educational classes, covering various aspects of gear information, from design to failure. These classes are designed for both engineers and operators, with the engineer-level classes supporting the continuing education requirements of the industry's credentialed engineers. Over 1300 individuals participate in AGMA's education programs annually.
Who is the CEO of American Gear Manufacturers Association?
Matthew Croson is the Treasurer of American Gear Manufacturers Association.
What is the revenue of American Gear Manufacturers Association?
American Gear Manufacturers Association's revenue in 2022 was $4,563,023.
Who are the executives of American Gear Manufacturers Association and what are their salaries?
There 504 volunteers at American Gear Manufacturers Association.
Here are 22 key members and their salaries:
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- Compensation: $129,560
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- Other: $30,527
Where can I find the form 990 for American Gear Manufacturers Association?
American Gear Manufacturers Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Gear Manufacturers Association
The American Gear Manufacturers Association, often referred to as AGMA, serves as a global network that focuses on technical standards, education, and business information for manufacturers, suppliers, and users of mechanical power transmission components. Its mission is to provide a comprehensive platform for the mechanical power transmission industry, fostering collaboration and knowledge sharing among its members. AGMA offers a wide range of educational resources, with over 20 classes covering various aspects of gear information, from design to failure. These classes cater to both engineers and operators, with the engineer-level classes being IACET-accredited, supporting the continuing education needs of the industry's credentialed engineers. Each year, more than 1300 individuals participate in AGMA's education programs, demonstrating its significant impact on the mechanical power transmission industry.
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Impact
October, 2024
The American Gear Manufacturers Association (AGMA) significantly influences the industry by serving as a global network for technical standards, education, and business information related to mechanical power transmission components. Through its robust educational offerings, AGMA provides over 20 classes that address the comprehensive range of gear information, including design and failure analysis, which are crucial for engineers and operators alike.
Each year, more than 1,300 individuals engage in AGMA's educational programs, which include IACET-accredited courses designed to meet the continuing education needs of credentialed engineers. This emphasis on education boosts competence and innovation within the industry, enhancing the quality and efficiency of gear manufacturing practices.
In addition to fostering education, AGMA plays a vital role in developing technical standards that facilitate consistency and safety across manufacturing processes. By providing a centralized resource for business information, AGMA helps manufacturing companies, suppliers, and users stay informed on best practices and advancements, thereby improving community standards in gear production and use. The association's efforts ultimately contribute to the overall advancement of the mechanical power transmission sector, promoting sustainable growth and enhanced capabilities within the community.
This information is meant to be a general summary of American Gear Manufacturers Association. 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 2022.
- Investment Income: -$191,268
- Program Service Revenue: $2,756,055
- Gross Receipts: $6,793,800
Assets and Liabilities:
- Total Assets: $5,628,628
- Total Liabilities: $2,400,549
- Net Assets: $3,228,079
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AGMA MEDIA
Revenue
$1,112,085
EDUCATIONAL MEETINGS
Revenue
$625,340
TECHNICAL STANDARDS
Revenue
$388,489
ANNUAL MEETING
Revenue
$355,155
MANAGEMENT FEES
Revenue
$274,986
Organization Details
Founding Year
1916
Phone
(703) 684-0211Principal Officer
Matthew Croson
Main Address
1001 N FAIRFAX STREET 500, ALEXANDRIA, VA, 22314
NTEE Category
Code: S41 - Community improvement
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